Sensex bleeding, gold volatile amid US-Iran war: Time to opt for good old FDs? Pros & cons of fixed income assets

Every crisis reminds us that markets can swing like a pendulum between greed and fear. (AI image) Sensex and Nifty are in deep red. Gold, the favourite safe haven asset for investors, is seeing huge volatility. The US-Iran conflict has hit investment portfolios of Indians who are now left wondering: where is their money safe?…

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US stock markets today (May 27, 2026): Wall Street stays near record highs as easing oil prices lift sentiment

Wall Street hovered near record levels on Wednesday as falling crude oil prices eased inflation concerns and boosted investor sentiment, AP reported.The S&P 500 rose 0.1 per cent after closing at a record high in the previous session. The Dow Jones Industrial Average gained 171 points, or 0.3 per cent, while the Nasdaq Composite was…

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Finance ministry to review PSU banks’ lending to agriculture and MSMEs on May 29

The finance ministry has called a meeting of heads of public sector banks (PSBs) on May 29 to review credit flow to the agriculture and MSME sectors, financial performance and banking operations amid the ongoing Middle East crisis, PTI reported.The meeting will be chaired by Financial Services Secretary M Nagaraju, a day before his retirement.According…

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8th Pay Commission: Railway staff body seeks different fitment factors; here are their recommendations on salary hike

The Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a separate fitment-factor structure for different categories of employees under the 8th Pay Commission, moving away from the uniform formula followed in previous pay revisions, according to an ET report.The railway technical staff body has suggested five different fitment factors ranging from 2.92 to 4.38 across…

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Cabinet approves Rs 25,530 crore scheme to strengthen ration distribution system till 2031

The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…

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Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date

Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…

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