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Market News

Location American Market News for 18 April 2026
DA hiked by 2%: Salary boost for govt employees - How much more will you take home? The new DA hike of two per cent is an increase over the existing rate of 58 per cent in the Basic Pay. The hike now takes the Dearness Allowance to 60 per cent.
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Buying products on low-cost EMIs? Here's how it can burn a bigger hole in your pocket in long run Lower EMIs mean paying less immediately but losing much in the long run. Here we explain how.
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Tax clearance required every time you leave the country? PIB fact checks viral claim Under Section 230 (of the Income Tax Act, 1961), tax clearance certificates are not mandatory for all individuals, said PIB
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PPF investment strategy: How account holders can maximize their returns in the long term? Experts weigh in The PPF is a popular long-term savings option offering safety, steady returns, and tax benefits. With a current deposit rate of 7.10%, strategies like timing contributions and using spouse accounts can maximize returns, ...
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I asked ChatGPT what ₹1 crore in my savings account will be worth after 20 years-the answer was baffling At 6% inflation, ₹1 crore will lose significant purchasing power over 20 years, equating to roughly ₹31 lakh today. Investing wisely can help maintain value, as leaving money idle in savings accounts risks financial ...
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Why most SIP investors fail midway - And how the 7-5-3-1 rule can help you create real wealth The main challenge in mutual fund SIPs is staying invested long enough to benefit from compounding. The 7-5-3-1 rule emphasises patience, diversification, and emotional discipline to build long-term wealth, showing that ...
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Centre approves 2% DA hike for central govt employees, pensioners ahead of 8th Pay Commission: Report The government has approved a 2% increase in Dearness Allowance (DA) for central government employees and pensioners, as per a report. Details here.
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What are arbitrage funds? How they work, who should invest, and other details Arbitrage Funds are low-risk hybrid mutual funds that profit from price differences between cash and futures markets. While minimising risks, these funds are not entirely risk-free and may underperform in bearish markets...
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Planning to buy Gold on Akshaya Tritiya? Heres how to check hallmark and purity of 24K, 22K Gold With Akshaya Tritiya near, gold buying is set to rise. Buyers must ensure jewelry authenticity using these steps 
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Hidden cost of delaying investments: Starting SIPs late can kill crores from your portfolio Starting early in investment significantly impacts wealth creation due to compounding. Aman, investing ₹5000 at 25, accumulates ₹2.75 crore by 60. Delaying investment reduces returns, emphasizing the importance of ti...
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Why should you pay your credit card bill in full? Here's how banks calculate interest on outstanding amount Credit cards provide a grace period for interest-free payments if the full amount is repaid by the due date. Paying only the minimum incurs high interest on remaining balances, late fees, and potentially losing the grace...
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8th Pay Commission: Will salaries rise to ₹69,000? When will it be implemented? How much arrears will employees get? The official reference date for the 8th Pay Commission is 1 January 2026. But because the commission has 18 months to submit its final report, it would place the finalisation around mid-2027.
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Are you dependent on just your salary? Here's how to create multiple income streams to boost your cash flow Multiple sources of income can include monthly interest, quarterly dividends, quarterly REIT, InvIT distributions, alternative investments, freelance projects, etc.
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