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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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Sun Pharma offers US cheaper drug supply

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…

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Economists raise growth projections after Q1 show

Private economists raise FY27 GDP growth projections to 7-7.3% after strong Q1 data, marking fourth straight year above 7%. NEW DELHI: Within hours of govt estimating strong growth during April-June quarter, private sector economists started raising projections for the full year, reflecting the sustained strong growth momentum in the economy.According to estimates from various economists,…

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Stock Market Highlights: Sensex ends flat; Nifty slips 24.60 points to settle at 24,055

Indian shares are expected to open marginally higher on September 1 after data showed the economy grew a stronger-than-expected 7.8% year-on-year in the April-June quarter, helped by robust investment, manufacturing and consumer demand. GIFT Nifty futures pointed to a positive start for the Nifty 50, which closed at a one-month low of 24,080.4 on August…

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