Banking And Finance

8th Pay Commission: Will civilian pensioners get One Rank One Pension? Key proposals explained

The 8th Pay Commission today, 3 September, completes 10 months since its constitution on 3 November 2025. The 8th Pay Commission is a temporary body, given 18 months by the…

Small finance banks’ asset quality to improve, GNPA to drop by 120 basis points by March 2027: Crisil

Kolkata: are likely to see an improvement in their asset quality this financial year, with their (GNPAs) projected to decline by about 120 basis points to 2.6-2.8% by March 2027,…

‘Revolver’ misfire hits credit card issuers: India’s credit card boom sees lower bank profits

Mumbai: India’s credit card boom is becoming less lucrative for issuers, yielding lower profit margins for banks even as spending continues to rise. Customers are increasingly using credit cards as…

Mid caps hit a new high in August 2026, while large caps remain below peaks: What investors should know

For tracking where the market is headed, August 2026 offered a mixed picture across market-cap segments. While large caps struggled during the month, midcaps and smallcaps ended higher, showing that…

Market

Gold and silver prices jump 1% on MCX amid a decline in US dollar, bond yields; experts highlight key levels to watch

Gold and silver prices jumped by up to 1% in morning deals on the MCX on Thursday, 3 September, supported by easing US dollar and bond yields. MCX gold October…

Meesho share price: Is there any block deal impact on stock? What is the transaction all about? Check here

Meesho shares were in focus on Thursday, September 3, amid reports that SoftBank offloaded a portion of its holding in the Indian e-commerce company through a block deal. Meesho’s share…

MSCI Index India rebalancing impact | Swiggy share price falls for second day in a row

Swiggy share price fell for the second consecutive session, slipped over 2.30% on NSE in Thursday’s trading session after global index provider MSCI announced on Wednesday, September 2, the removal…

Rupee jumps 67 paise to open at 94.30 against US dollar

The Indian rupee surged 67 paise to open at a two-month high of ₹94.30 against the US dollar on Thursday, September 3, after the Reserve Bank of India’s latest foreign-currency…

Market

India emerging as one of the top five global hub for mechanical engineering talent, says ASME global CEO

India is one among the top five global markets for mechanical engineering talent, with its capabilities increasingly to the level of competing with China, according to the CEO of the…

AB InBev pours more into India, bets on states’ policy push

Budweiser-maker Anheuser-Busch InBev (AB InBev India) is stepping up investments in the country, putting more money behind states where policy changes are making the economics of selling beer more attractive.…

Thoma Bravo explores $2 billion-plus sale of Foundation Software, sources say

By Milana Vinn NEW YORK, Sept 2 (Reuters) – Thoma Bravo is exploring a sale of Foundation Software that could value the construction software company at more than $2 billion,…

UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

(Bloomberg) — When AI-focused hedge fund Situational Awareness lost more than two-thirds of its $45 billion in July, most of the investors who took the hit were wealthy individuals and…
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