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Location American Market News for 12 September 2026
Nagaland govt examining delays in pension, other retirement benefits - Here's what could change The Nagaland government has formed a committee to address pension delays and digitise the process, Chief Minister Neiphiu Rio informed the state Assembly. He noted issues stem from procedural non-compliance and inadequat...
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PFRDA looking to allow workers registered on e-Shram portal to open pension accounts via mobile phone, says Chairman The PFRDA is working on tech to allow workers from the informal sector, registered on its e-Shram portal, to open pension accounts via mobile phone, according to Chairman S Ramann. 
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Why Weil Gotshals Highest-Paid Partner Jumped to Cravath, Shocking Big Law A star dealmakers defection reveals two starkly different views of the legal worlds race for scale.
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Atal Pension Yojana: Premature withdrawal rules and how to claim maturity payout amount, explained Administered by the Pension Fund Regulatory and Development Authority, the Atal Pension Yojana (APY) aims to create a universal social security system in India. Today, we check the rules for premature withdrawal and how ...
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PPF: Investing ₹1.5 lakh/year will accumulate this much corpus till your child turns 18 - Check calculations Today, we take a look at how much annual contributions of ₹50,000, ₹1 lakh and ₹1.5 lakh, made either as lumpsum or monthly credits, can generate for your child over 18 years. We also check how much they can accumu...
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What happens to your mutual fund units if an AMC shuts down? Franklin Templeton and Morgan Stanley cases offer answers An AMC shutting down does not mean investors lose their mutual fund units or the underlying stocks and bonds held by the scheme. Heres what happens when a fund house closes, transfers schemes to another AMC or winds up a...
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Can NRI nominees claim financial assets of deceased investors in India? Here's all you need to know Upon the death of an Indian mutual fund or asset holder, nominees manage assets until transferred to heirs. NRIs can be nominees, requiring compliance to regulations. Details here.
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EPFO: 79% of new UANs in FY26 generated by Gen Z employees aged 18-30 years, including 28% women EPFO data indicates that Gen Z comprised 79% of new UANs in FY26, signaling a generational shift in India's workforce. Key sectors like retail and logistics remain major entry points for first-time workers.
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Credit card limit ₹3 lakh, usage ₹50,000: How unused credit can help your credit score and finances A ₹3 lakh credit card limit with ₹50,000 usage keeps credit utilisation at about 16.7%. An expert explains how low utilisation can support your credit profile, provide an emergency cushion, and encourage disciplined ...
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DA news update: Andhra Pradesh sanctions two dearness allowance instalments - When will employees get arrears? Andhra Pradesh has approved two dearness allowance revisions for state government employees, resulting in a total DA hike of 4.55% to be implemented from September 2026 salaries. Here's when arrears will be paid
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PM Kisan 24th instalment: ₹2,000 not credited? Step-by-step guide on how to check status, file a complaint Under the scheme, eligible farmers receive ₹6,000 every year in three instalments. The focus is now on the 24th instalment.
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Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock The billionaire says no stock was sold, and he cancels a plan to unload 50 million shares.
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Can being a loan guarantor affect your chances of getting a loan? Expert explains Becoming a loan guarantor can affect your future loan eligibility, borrowing capacity and credit profile. Understand how a guaranteed loan may influence lender assessments and the key factors to check before signing a gu...
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Informal workers may soon open pension accounts via mobile, make contributions using UPI: PFRDA plan explained The PFRDA plans to introduce mobile-based pension accounts for informal workers, enabling contributions via UPI through an easy digital process utilising the e-Shram database for account setup. Details of the proposal he...
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Pool, park and gym missing: Karnataka homebuyers get relief from RERA after builder fails to provide promised amenities  Karnataka RERA recently fined a builder ₹10 lakh for failing to deliver amenities as promised. Here's how aggrieved buyers can register complaints online through state portals.
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₹1.09 crore sent from Kuwait to India: ITAT Ahmedabad grants partial relief in income tax notice case An Indian working in Kuwait faced an income tax notice over ₹3.63 crore in reported financial holdings. ITAT Ahmedabad deleted a ₹5.52 lakh addition and ordered fresh verification of around ₹2.50 crore linked to HD...
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Hawkins Cookers FD opens on September 16; Know interest rates, minimum deposit required and other details Hawkins Cookers will launch a fixed deposit scheme on September 16, with interest rates up to 8% for a 36-month tenure. Check full details of the offering here.
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Wrong ITR form led to ₹26.69 lakh tax demand: How ITAT Chandigarh saved a small trader An ITAT Chandigarh ruling cancelled a ₹26.69 lakh tax demand after a small traders commission income was counted twice. The case highlights why taxpayers must choose the correct ITR form and reconcile Form 26AS with de...
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8th Pay Commission: Central government employees seek 5 MACP upgrades and promotional pay scales 8th Pay Commission: Central government employees unions seek five Modified Assured Career Progression (MACP) upgrades, shorter waiting periods and promotional pay scales. Here is what MSA, FNPO, NC-JCM and RSCWS have dem...
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EPF money withdrawal: When can employees claim their provident fund amount in advance? Employees may need to access retirement savings before leaving the workforce for emergencies. The EPFO permits partial withdrawals, known as EPF advances, with specific eligibility. Check details here. 
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Should you prepay your loan early? Expert weighs in on interest savings, EMIs and future borrowing Should you prepay your loan early? Experts explain how prepayment can reduce interest costs and debt, why timely EMI payments matter more for credit scores, and what borrowers should check before using savings to close a...
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Heart Disease, a Historic Strength for Big Pharma, Becomes a Weakness Heart disease remains humanitys top killer, yet for drugmakers and Wall Street, it is becoming one of the hardest places to make money.
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