Business

Mobile shop owner won Rs 15 lakh chit prize but waited 55 days for payout; company blamed late sureties, but consumer commission found its records contradicted the claim and ordered Rs 44,500 relief

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The dispute was not about the eligibility for the chit prize or whether the claimant had won the bid. Won a chit prize but the payout is delayed? A Telangana consumer commission has upheld an order against Kapil Chits after holding the company responsible for delaying the payment of a Rs 15 lakh chit prize … Read more

Gold price prediction today: Will gold, silver prices continue to fall? Check September 2, 2026 outlook

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Key data for Gold and Silver this week will be the US Payrolls on Friday, followed by inflation data next week. Gold price prediction today: For the near-term, the outlook for both silver and gold remains bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Jackson Hole was the … Read more

TCS pips Accenture to take over Best Buy’s India GCC ops

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TCS pulled ahead of Accenture in the final leg of the race to take over the India GCC operations of US consumer electronics retailer Best Buy BENGALURU: Indian IT firms are stepping up their global capability centre (GCC) playbook. TCS pulled ahead of Accenture in the final leg of the race to take over the … Read more

5-member NCLT bench stays Subhash Chandra ‘6.5cr repayment order

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NCLT stayed its earlier order allowing Subhash Chandra to settle his personal insolvency proceedings NEW DELHI: National Company Law Tribunal (NCLT) on Tuesday stayed its earlier order allowing Zee Group founder Subhash Chandra to settle his personal insolvency proceedings by paying Rs 6.25 crore as against admitted claims of Rs 22,006.57 crore and also restrained … Read more

Sun Pharma offers US cheaper drug supply

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Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme New Delhi: Facing the threat of potential tariffs, India’s largest drug firm, Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme under an agreement with the Trump administration. MFN pricing typically ensures that a buyer procures at the … Read more

Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment

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Over time, the interest earned on the accumulated balance earns interest, allowing compounding to steadily increase your retirement savings. Being a crorepati and accumulating a corpus of over Rs 1 crore is often a financial goal for money. But when you are thinking of SIPs, mutual funds, stock markets, ETFs, gold, silver, one quiet savings … Read more

UPI gets festive boost: Digital payments hit a record 24.51 billion transactions in August

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Digital payments hit a record 24.51 billion transactions in August Unified Payments Interface (UPI) hit a new monthly high in August, with transaction volumes crossing 24 billion for the first time in a month and reaching 24.51 billion, according to data released by the National Payments Corporation of India (NPCI) on Tuesday.The record came as … Read more