Headlines

Arvind upadhyay

US inflation accelerates to 3.7% in September as gasoline prices surge

This the sharpest increase in five months, as higher fuel costs and persistent underlying price pressures added to the cost-of-living burden US consumer inflation accelerated in September as a surge in gasoline prices and firmer underlying price pressures added to the cost-of-living burden for American households ahead of the November 3 midterm elections.The consumer price…

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RBI’s new CAS move explained: Track FDs in multiple banks, shares & MFs in one place and why it matters

 CAS is a single statement that brings together an investor’s transactions and holdings. (Image for representative purpose only) You invest in mutual funds, shares, ETFs, and even fixed deposits. But tracking your investments and keeping abreast with what money lies where can be a tricky and sometimes cumbersome task.This is where the Reserve Bank of…

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78-day bonus for railway staff: Cabinet clears Rs 2,010 crore payout for 11.4 lakh employees

The maximum payout will be Rs 17,951 per eligible employee, with payments covering non-gazetted staff across several categories. NEW DELHI: The Union Cabinet has approved a Productivity Linked Bonus (PLB) of 78 days’ wages worth Rs 2,009.61 crore for around 11.41 lakh eligible railway employees, recognising the Railways’ performance in 2025-26.The maximum bonus payable to…

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In 2019, first Vande Bharat Express was rolled out from ICF; in 2026 RCF and MCF also manufacture semi-high speed train sets, with RCF-made Vande Bharat tested successfully at 180 kmph

The fully air-conditioned train set has brought several technological advances to passenger services. Vande Bharat Express trains had till the start of this year been manufactured only at the Integral Coach Factory (ICF) in Chennai. However, in 2026 the other two Indian Railways’ coach factories – Rail Coach factory (RCF) Kapurthala and Modern Coach Factory…

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India-China Relations: India working to rebuild ties with China, but future remains uncertain: Piyush Goyal

File photo: Union commerce minister Piyush Goyal Union commerce and industry minister Piyush Goyal on Wednesday said India was working to rebuild its relations with China, while stressing that the future of the engagement remained open.He also said India was willing to enter into joint ventures with any country, provided it received a fair deal…

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Woman applied for 130 IPO shares, bank entered only 65; consumer commission awards Rs 37,000 for deficient service but rejects her Rs 40 lakh compensation claim

The commission rejected her demand for Rs 40 lakh in compensation, describing the amount as “highly excessive”. (Image for representative purpose only) You apply for a certain number of shares for an Initial Public Offering (IPO) and then discover that the bank has recorded only half of the number! What do you do in such…

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From Chinese money laundering to Russia, Iran sanctions – why was Bank of America fined $1.21 billion?

File photo: US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws Bank of America has been fined $1.21 billion by US regulators for failing to detect and report billions of dollars in suspicious transactions, including activity linked to potential money laundering and sanctions violations.The US treasury department…

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India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on negotiations and ties

Jaishankar said the outcome would also depend on the terms other countries secured in their negotiations with US. (PTI) NEW DELHI: External affairs minister S Jaishankar has said that India and the United States were continuing talks to resolve differences over the proposed trade deal, adding that negotiations appeared to be heading towards a “landing…

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