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Month: August 2026

Business News

Start a gram-based SIP in gold and silver FoFs: Axis MF launches industry-first Shagun SIP for investors

FinSiddhiAugust 31, 2026

Axis Mutual Fund has launched Shagun SIP, an industry-first gram-based SIP for gold and silver fund of funds (FoFs). The feature lets investors choose a gold or silver quantity instead of a fixed rupee amount. Here’s how it works, its key benefits, and what investors need to know.

Business News

8th Pay Commission Arrears: Check how much Level 4-7 employees may receive; fitment factor-wise calculation

FinSiddhiAugust 31, 2026

The government hasn’t confirmed the estimated arrears under the 8th Central Pay Commission. Employees should consider the figures illustrative, subject to change. 

Business News

No smartphone, no internet? PhonePe launches new UPI service for feature phone users

FinSiddhiAugust 31, 2026

The fintech company has joined hands with handset makers such as Nokia, HMD, Lava International and itel to have the service pre-installed on their devices.

Business News

Eco Hotels & Resorts launches 58-room hotel in Shirdi, Maharashtra

FinSiddhiAugust 31, 2026

With the addition of this property, Eco Hotels has crossed 280 operational rooms and is set to further expand its portfolio with a 52-room property in Chhatrapati Sambhaji Nagar in October and a 16-room boutique hotel in Ayodhya within the next 45 days, taking its portfolio to approximately 350 rooms ahead of Diwali.

Business News

Jindal Mobilitric to expand its retail network to 100 showrooms by FY28

FinSiddhiAugust 31, 2026

Opens its first showrooms at Srinagar and Jaipur

Business News

High-yield bonds: Understand risks before chasing double-digit returns

FinSiddhiAugust 31, 2026

High-yield bonds can offer double-digit returns, but investors must weigh default, credit, liquidity and concentration risks before chasing higher yields

Business News

Orissa HC backs Odisha tobacco curbs, rejects manufacturers’ challenge

FinSiddhiAugust 31, 2026

The Orissa High Court rejected challenges by chewing-tobacco manufacturers but clarified that the state notification does not impose a blanket ban on all tobacco products

Business News

MSCI rejig sends CAS volumes surging, sparks sharp moves in stocks

FinSiddhiAugust 31, 2026

NSE’s CAS turnover surged to Rs 39,718 crore, nearly 22 per cent of cash-market turnover, as MSCI rebalancing triggered sharp price swings in dozens of stocks

Business News

Agriculture, allied sectors clock 3.6% GVA growth in Q1FY27: MoSPI data

FinSiddhiAugust 31, 2026

Agriculture and allied activities’ GVA growth slowed from 4.4 per cent a year ago, while experts expect full-year FY27 growth at around 3.5-4 per cent

Business News

Govt notifies ₹1.27 trillion Semicon 2.0, offers 40% fab capex support

FinSiddhiAugust 31, 2026

The scheme spans chip design, manufacturing, equipment, materials, advanced packaging, R&D and talent development, with support available for up to six years

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TYO 15.60 -0.15 -0.92%
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GOOGL 354.97 +5.43 +1.55%
MSFT 501.61 +7.83 +1.59%

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Business News

Alibaba unveils new AI chip to challenge NVIDIA, plans Qwen models with up to 10 trillion parameters

FinSiddhi September 22, 2026

Alibaba has unveiled its new Zhenwu V900 AI chip, which it says delivers three times the performance of its predecessor. The company is also developing future Qwen AI models with up to 10 trillion parameters to handle more complex tasks.

Business News

Euro area debt bourses face risk drag from Paris debt trajectory

FinSiddhi September 22, 2026
Business News

Starting retirement investing at 40 with no corpus? Why chasing high returns could backfire, and what to do instead

FinSiddhi September 22, 2026
Business News

Small-cap funds draw record ₹7,973 crore. But volatility remains the catch

FinSiddhi September 22, 2026

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