Fed Finally Hikes, Dot Plot Sees More Rate Hikes, New Rate Hike Cycle Starts; Bond Market Breathes Small Sigh Of Relief

The government has said the Employees’ Provident Fund Organisation (EPFO) is taking four measures to speed up the processing of higher-pension applications under the Employees’ Pension Scheme (EPS), but it has not set a fresh deadline for clearing appeals or paying arrears.   The update came in the Lok Sabha amid questions over…

If you’ve only been applying for gigs at big companies, you may want to rethink where you’re sending job applications.  According to data from the Bureau of Labor Statistics, nearly 93% of hires for privately held companies during May came from US business establishments with fewer than 1,000 employees. Companies with 10 to 49 employees…

The Insurance Regulatory and Development Authority of India (Irdai) has approved a licence for ProTec General Insurance, a joint venture between the M Pallonji Group and True North’s Divya Sehgal, marking the regulator’s fourth insurance licence approval in calendar year 2026.   “Approval was also accorded for the grant of Certificate of Registration…

AI is being deployed across trading workflows, with approximately a third of brokers currently using it for real-time algorithm optimization (32 percent), venue selection (29 percent), and market data analysis (29 percent). Compliance and surveillance adoption remains low at 12 percent, though 44 percent of brokers plan to implement it in the near term, according…

Treasury Secretary Scott Bessent said the Trump administration would try to plan to lower the federal budget deficit through Congress by the end of this year if Democrats are able to flip either chamber in the November midterm elections. Processing Content Bessent said he is working with Office of Management and Budget Director Russ Vought…

Housing prices across India’s top seven cities increased by 59% between 2021 and 2025, while construction costs rose by just 34%, according to Anarock Research.   The average selling price of residential property increased from ₹5,826 per sq ft in 2021 to ₹9,260 per sq ft in 2025. During the same period, the average construction…