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Location American Market News for 15 August 2026
EPFO: Want to become an EPF subscriber? Here are the conditions for membership and top FAQs answered The Employees' Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Today, we take a look at how membership conditions and related frequently asked questions
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From 5 lakh to 1.30 crore: Trial and error, discipline and boredom - Investor shares how portfolio grew over 7 years A process of trial and error and self-learning led this investor from ₹5 lakh portfolio to ₹1.30 crore over a seven-year period, he shared online. Here's how the investment journey went
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Widow denied ₹1 crore claim after husband passed away, later receives payment: Why court sides with the family Tata AIA rejected a ₹1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues. 
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8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works 8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline wo...
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Prashant Kishor has nearly ₹8 crore in FDs: How much tax could he pay on this massive corpus? Prashant Kishor's financial portfolio largely consists of fixed deposits totaling ₹7.36 crore with HDFC Bank, compared to only ₹63 lakh in equities. His election affidavit shows total assets of nearly ₹198 cror...
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DA hike: ₹30,000 minimum wage, higher pension, job security - Full list of BMS' demands ahead of 17 August strike Key demands by the BMS include hike in variable DA, a minimum monthly wage of ₹30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes. ...
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What I Learned From My Conversations With the Superrich

Wall Street Journal - 15 Aug 2026 16:06
What I Learned From My Conversations With the Superrich They lose billions in months and hold quarterly board meetings with their children. Inside the high-stakes, high-reward mindset of the ultrawealthy.
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How a Texas Hedge Amplified the Losses at Situational Awareness

Wall Street Journal - 15 Aug 2026 16:03
How a Texas Hedge Amplified the Losses at Situational Awareness WSJs Peter Rudegeair explains what Wall Street calls a Texas hedge-and how the Situational Awareness hedge fund used it to bet big on artificial intelligence.
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The Risk-Amplifying Strategy That Led to Big Losses at Situational Awareness WSJs Peter Rudegeair explains what Wall Street calls a Texas hedge-and how the Situational Awareness hedge fund used it to bet big on artificial intelligence.
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CBDTs foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay? The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties...
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Delhi Lakshmi Yojana: Here's how to check status of your application online - Stepwise guide Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financi...
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Have multiple jobs at the same time? Heres how your PF membership is regulated under EPFO rules Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here. 
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Home loan prepayment vs investing: When should you use extra cash to repay debt? Home loan prepayment can reduce interest costs, while investing surplus funds may offer higher returns. Compare the loan rate, post-tax investment gains, risk and liquidity before deciding. 
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RBI proposes 3-month MCLR reset for loans: What could change for borrowers and their monthly EMIs RBI has proposed a new MCLR formula using a three-month moving average of banks marginal funding costs. The draft also proposes a three-month reset period for MCLR-linked loans and aims to make loan pricing more transpar...
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Why life insurance should be part of your financial freedom plan, not an afterthought Financial freedom requires more than wealth creation. Learn how life insurance, emergency savings and disciplined SIP investing can protect family finances, support long-term goals and build a stronger financial plan aga...
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₹5 lakh investment plan: How to allocate your money wisely by age, risk and financial goals Learn how to invest ₹5 lakh wisely at different ages with a practical asset allocation strategy covering equity, mutual funds, fixed deposits, gold and liquidity, while balancing risk, financial goals, family responsib...
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DA Hike 2026: Expert decodes how Dearness Allowance is calculated, approved and when the revised rate takes effect DA Hike 2026 explained: Know how Dearness Allowance is calculated using CPI-IW data, when the July revision takes effect, and how retrospective payments and arrears work. Having a conceptual understanding of these aspect...
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Life insurance claim denied over non-disclosure? Why family won ₹1 crore after insurer failed to prove concealment A Telangana consumer commission has upheld a ₹1 crore life insurance death claim after Tata AIA rejected it over alleged non-disclosure of an earlier policy proposal postponed on medical grounds. 
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Big relief for taxpayers! Govt opens one-time disclosure window for unreported foreign assets; check penalty, due date Taxpayers with unreported foreign assets can file declarations till December 31, 2026 through a one-time disclosure window. The voluntary scheme targets small investors. Here's all you need to know about the scheme.
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Equities, mutual funds, and more: How Bankipur MLA Prashant Kishor invests his wealth His financial portfolio includes investments like fixed deposits, mutual funds, and bonds, He also possesses a dismantled rice mill and his wife has gold weighing 475 grams and silver weighing 200 grams.
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Nearly ₹200 cr net worth, but a little equity: How Bankipur MLA Prashant Kishore invests his wealth His financial portfolio includes investments like fixed deposits, mutual funds, and bonds, He also possesses a dismantled rice mill and his wife has gold weighing 475 grams and silver weighing 200 grams.
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Equities, mutual funds, and more: How Bankipur MLA Prashant Kishore invests his wealth His financial portfolio includes investments like fixed deposits, mutual funds, and bonds, He also possesses a dismantled rice mill and his wife has gold weighing 475 grams and silver weighing 200 grams.
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