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Market News

Location American Market News for 7 August 2026
Can a ₹15,000 monthly SIP build a ₹5 crore corpus in 30 years? Heres the maths Investing ₹15,000 every month for 30 years, assuming an average annual return of 12%, can potentially build a corpus of around ₹5.29 crore.
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PhonePe launches fixed deposit distribution: Here's how to book FDs across banks, NBFCs using app - Stepwise guide PhonePe launches fixed deposit (FD) distribution allowing customers to compare and book high-yield fixed deposits with partner banks and NBFCs online. Here's a stepwise guide on how to book deposits using the app
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Would your family know where your money is? Why every investor needs a financial inventory A Will and nominees alone may not be enough to help your family access your assets. Estate planning experts explain why every investor should maintain a financial inventory, what it should include, and how it can save lo...
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Basic Materials Roundup: Market Talk

Wall Street Journal - 7 Aug 2026 21:13
Basic Materials Roundup: Market Talk Find insight on Lanxess, Northern Star, Evolution Mining and more in the latest Market Talks covering basic materials.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 7 Aug 2026 21:11
Energy & Utilities Roundup: Market Talk Find insight on Brazilian oil-and-gas companies, Oklo and more in the latest Market Talks covering energy and utilities.
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Health Care Roundup: Market Talk

Wall Street Journal - 7 Aug 2026 21:09
Health Care Roundup: Market Talk Find insight on Jamieson Wellness, Sanofi, Regeneron Pharmaceuticals and more in the latest Market Talks covering health care.
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U.S. Stocks Notch Fresh Record After Jobs Report Eases Rate-Hike Fears All three major stock indexes rose, with the S&P and Nasdaq capping their best week since April.
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Markets Rally on Surprise U.S. Job Losses

Wall Street Journal - 7 Aug 2026 20:33
Markets Rally on Surprise U.S. Job Losses Plus, manufacturing jobs remain a bright spot and Airbnb shares soar.
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Merchant discount rate on UPI: Will customers pay, who bears operating costs, why now, and other top FAQs answered Merchant discount rate on UPI transactions: What is MDR, will customers have to pay, who bears operating costs, who invests in infrastructure, why are discussions happening now? Check top FAQs answered
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EPFO: UAN activation process moved to Umang app, here's how - Stepwise guide and top FAQs answered UAN activation through the EPFO portal has been deactivated and shifted to the Umang mobile app. Here's how employees provident fund subscribers can complete the process. We also answer some key FAQs
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Pay commission: Himachal Pradesh hikes salaries of contract, trainee medical officers by 78% Pay commission: The Himachal Pradesh government has approved a 78% salary hike for contract and trainee medical officers (specialists) up from ₹33,660 to ₹60,000 per month. CM Sukhvinder Singh Sukhu said healthcare a...
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Private-Equity Firms Eager for Exits Pounce on Hot IPO Market

Wall Street Journal - 7 Aug 2026 17:19
Private-Equity Firms Eager for Exits Pounce on Hot IPO Market More firms are taking companies public, as sluggish dealmaking has made it hard to find buyers.
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DA hike: West Bengal govt notifies 38% dearness allowance, wage increase for employees from 1 October The West Bengal government has notified a 38% hike in DA and DR for employees and pensioners, with effect from 1 October, just ahead of Durga Puja festivities. Check the latest updates here.
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Tips for NRIs buying or selling property in India - How to dodge compliance pitfalls before closing a deal NRIs engaging in property transactions in their home country should be aware of compliance issues like TDS, repatriation limits, and FEMA regulations. Informed decisions are crucial to avoid financial pitfalls, penalties...
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Rent paid in cash is not illegal, but this one mistake could cost salaried tenants their HRA benefit In India, landlords may ask for cash rent payments. While cash payments do not disqualify HRA, lack of documentation can lead to claim scrutiny. Here's how to claim HRA benefit if you are paying rent in cash and comp...
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NPS for NRIs: Eligibility, tax savings, account rules and withdrawal benefits explained NPS for NRIs: Understand eligibility, tax benefits, Tier-I account rules, contributions and withdrawal guidelines. This guide explains how NRIs and OCIs can use Indias National Pension System for retirement planning whil...
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FD and KVP tax rules explained: TDS, taxable interest and key differences Interest earned on fixed deposits (FDs) and Kisan Vikas Patra (KVP) remains taxable under the Income Tax Act, 2025. Understand FD TDS rules, KVP tax treatment, and how investors can report interest income correctly while...
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NPS subscribers now have more time to secure the same days NAV - here's what the change means for you The PFRDA has extended the cut-off time for same-day NPS contributions by 2.5 hours. This change allows later contributions to secure the same day's NAV. Here's who benefits from it.
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Dollar Hits 7-Week Low After Weak U.S. Jobs Data

Wall Street Journal - 7 Aug 2026 13:19
The dollar fell to a seven-week low against a basket of currencies after data showed an unexpected decline in U.S. nonfarm payrolls in July.
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10 of the Best Financial Advisor Companies: Well-Known Fiduciary Investment Firms to Consider We analyzed everything from advisor credentials to fees to portfolio options at some of the larger and more well-known registered investment advisor firms to help you select a firm that could best connect you with a fidu...
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How a Few Hot Stocks Can Make Twin Funds Act Like Strangers

Wall Street Journal - 7 Aug 2026 13:00
How a Few Hot Stocks Can Make Twin Funds Act Like Strangers Index funds that seem to invest the same way are performing very differently this year.
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SC extends mandatory insurance for new cars, bikes: Third-party vs comprehensive motor cover, can you upgrade? The Supreme Court has extended mandatory third-party motor insurance for new vehicles: four years for cars and six years for two-wheelers. Here's the difference between third-party and comprehensive motor cover and w...
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