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

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…

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

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…

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

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…

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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

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…

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

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…

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India’s PMI slips to 52.8 as factory growth loses steam, hits five-year low

India Manufacturing PMI falls to 52.8 in August India’s manufacturing sector lost further momentum in August, with slower output and new orders dragging factory activity to its weakest level in five years. Employment also fell for the first time in two-and-a-half years, marking a broader slowdown in the sector.The seasonally adjusted HSBC India Manufacturing Purchasing…

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He hit Rs 1 crore net worth at 26, Rs 5 crore at 29 and Rs 7 crore at 31; how Bengaluru techie paid off property debt and survived a failed AI app on his financial independence, retire early journey

One individual on Reddit claims that he has achieved a net worth of Rs 7 crore at the age of 31. (Image for representative purpose) Financial independence has always been a talked about subject, what is changing however is the trend of FIRE – which means Financial Independence, Retire Early. Several people are sharing their…

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