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Fed Holds Rates at 3.5%-3.75% as Warsh Takes Chair, Inflation at 4.2%
Fed holds rates at 3.5%-3.75% under Kevin Warsh. Inflation at 4.2% due to Iran war energy spike; rate cuts unlikely until inflation moderates.
IDBI Bank Surges 19% on Divestment Hopes, June 17
IDBI Bank stock surged 19% to Rs 90.36 on June 17 as government confirms divestment on track for FY27 amid privatisation hopes.
Mortgage Rates Today: 30-Year Fixed at 6.31%, 20-Year at 6.19%, 15-Year at 5.74% (June 16, 2026 Zillow Data)
Mortgage rates remained relatively stable on June 16, 2026, giving homebuyers and homeowners a clearer picture of borrowing costs. Zillow data showed the average 30-year fixed mortgage rate at 6.31%, while 15-year and 20-year loans came in at 5.74% and 6.19%, respectively. These rates are attracting attention as many buyers weigh affordability against rising home…
EPFO 3.0 Rollout: New UPI Withdrawal Facility and Enhanced Auto-Claim Limits for Members
EPFO 3.0 is reshaping how millions of Indians access their provident fund savings. The Employees’ Provident Fund Organisation has commenced the rollout of this next-generation digital platform, developed in collaboration with the National Payments Corporation of India. This framework covers roughly 30 crore members and is expected to be fully rolled out by mid-2026. The…
Top 5 Golden Cross Cryptocurrencies to Watch in June 2026 After Massive Price Surges
The Golden Cross is one of the most trusted signals in technical analysis. It forms when a coin’s 50-day moving average crosses above its 200-day moving average, showing that short-term price strength is now outpacing long-term averages. In June 2026, a group of cryptocurrencies triggered this signal after massive price surges, pulling attention from traders…
IDBI Bank Shares Surge 14.6% to ₹88.39 Amid Debate Over Government Reclaiming Land Parcels Before Divestment
IDBI Bank has once again become the center of market attention. Shares of IDBI Bank surged 14.6% to ₹88.39, as investors reacted strongly to fresh discussions around government decisions linked to asset clarity and the ongoing divestment process. We are seeing a mix of optimism and uncertainty in the market. On one side, investors are…
Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
Tesla Slips as SpaceX Merger Speculation Heats Up, June 16
Tesla shares slip as SpaceX IPO reignites merger speculation. Analyst puts odds at 80% within a year. Combined value: $3.5 trillion.
Kerala’s Free Bus Scheme Launches Amid Payasam Spill Incident, June 16
Kerala’s Priyadarshini scheme offers free bus travel for women and transgender persons on KSRTC ordinary buses, costing ₹800 crore annually.