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The government on Wednesday rolled out the upgraded Centralised IT Enabled Services (CITES 2.01) platform for the Employees’ Provident Fund Organisation (EPFO), migrating about 340 million member accounts from over 120 decentralised databases to a unified national system. The upgraded platform is expected to significantly improve claim processing, service delivery and member…
Julius Baer said it is aiming for gross efficiency gains of SFr130m by 2028. Credit: Taljat David/ Shutterstock.com. Julius Baer’s first-half profit more than doubled on sustained money inflows, rebounding from prior-year losses tied to credit provisions and a Brazilian divestment. The Swiss wealth manager reported IFRS net profit of SFr673m ($831.2m) for the six months to June 2026, up 128% from SFr295m in the first half of 2025. Access…
Mortgage lenders have high hopes for the back half of 2026, with 89% of respondents to an industry survey expecting origination volumes to rise. The biannual “Pulse of the Network” survey by The Mortgage Collaborative (TMC), conducted in June, asked independent mortgage banks, credit unions and depositories about their strategic priorities for the second half…
“I’m concerned that my card issuers might freeze or flag the cards when they suddenly see an extraordinary number of transactions.”
Stocks Published: Wednesday, August 12, 2026, 16:34 [IST] 500% Return In 2 Years: Shares of Hyderabad-headquartered Spice Lounge Food Works Limited hit upper circuit after rallying nearly 9.9% after the announcement of a fresh business update. The company has secured an extra order worth Rs 21 crore from Xora World. Spice Lounge Food Works stock…
The USDCAD reverses back higher after the sellers failed to take short term control !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}