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Oil prices dip as mediation efforts offset US-Iran strikes
Oil prices softened on Tuesday, with markets weighing reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen’s Houthis. Brent crude futures eased 35 cents, or 0.4%, to $88.87 per barrel by 0052 GMT, while U.S….
EPFO may extend PF benefits to self-employed, gig workers under universal scheme
The Employees’ Provident Fund Organisation (EPFO) is preparing a framework to extend provident fund benefits to self-employed individuals, gig workers, workers in the unorganised sector and employees of exempted establishments, according to a report byThe Times of India (TOI). The proposal aims to create a universal provident fund (PF) scheme that would allow individuals currently…
F&O Talk: Nifty looks weak on chart, says Sudeep Shah; outlines HDFC Bank, Bluestone Strategy after Q1
The Indian stock market extended losses for the fifth consecutive session, with Sensex and Nifty tumbling more than 1% intraday before paring most of the losses and closing 0.4% lower each on Friday as oil prices above $100 per barrel, FII selling and other factors spooked investors. Analyst Sudeep Shah, Vice President and Head of…
HDFC Bank launches ‘Max for Seniors’ and ‘Max for Her’ savings accounts; key features
The HDFC Bank has recently launched two new savings accounts. These two accounts come with unique variants for senior citizens and women, ‘Max for Seniors’ and ‘Max for Her’, under the bank’s Savings Max account portfolio. These HDFC accounts are designed to cater to the specific banking requirements of senior citizens and women by focusing…
US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifies
Wall Street’s main indexes closed higher on Tuesday, as a steep rally in semiconductor shares helped shift the focus away from the latest Middle East hostilities and tariff battles, while investors looked ahead to major technology earnings reports for clues on the future of the AI trade. Gains in recently battered semiconductor stocks provided huge…
Should you break an FD or take a loan against it when you urgently need money? Experts explain
Economies around the world are enduring serious difficulties due to elevated oil and gas prices, driven by ongoing tensions in the Middle East between the US and Iran and the war between Russia and Ukraine. These developments have hampered supply chains and strained international relations. In this backdrop, fixed deposits (FDs) continue to be among…
