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A hallmark acts as a stamp of assurance, ensuring that the piece of jewellery you buy contains the exact metal content claimed by the seller. New Delhi: The government has introduced voluntary hallmarking for silver jewellery and articles, effective September 1, implementing a digital identification system to ensure metal purity for consumers. The Bureau of Indian Standards (BIS) revised its hallmarking standard with the publication of IS 2112:2025, replacing the earlier IS 2112:2014 version. The revised standard introduces seven purity grades - 800, 835, 925, 958, 970, 990, and 999 - with grades 958 and 999 newly added.  What Is…

Hindenburg case: In its final order dated September 18, the capital market regulator further stated that no penalty would be imposed on the Adani Group in connection with the Hindenburg allegations. New Delhi: The Securities and Exchange Board of India (Sebi) on Thursday gave a clean chit to Adani Group chairperson Gautam Adani in connection with the allegations made by US-based short-selling firm Hindenburg Research, saying the charges that have been made against the Noticees have not been 'established'. In its two separate orders dated September 18, the capital market regulator further stated that no penalty would be imposed on…

This new initiative is expected to enhance the user experience by consolidating key services, including passbook access, into one convenient login. New Delhi: The Employees' Provident Fund Organisation (EPFO) has launched a new feature called 'Passbook Lite' for its over seven crore subscribers, allowing them to access essential services and their Employees' Provident Fund (EPF) account details using a single login on the members’ portal. Union Labour Minister Mansukh Mandaviya announced this development on Thursday, highlighting key reforms aimed at providing efficient, transparent, and user-friendly services to EPFO members. Passbook Lite Previously, members had to log in to a separate…

The US Federal Reserve resumed its interest rate cut cycle by reducing rates by 25 basis points to a target range of 4.0-4.25 per cent. New Delhi: The US Federal Reserve cut its key interest rate by 25 basis points on Wednesday to a target range of 4.0-4.25 per cent and projected it would do so twice more this year. This is the Fed's first cut this year. While lower interest rates could reduce borrowing costs for mortgages, car loans, and business loans, and boost growth and hiring in the United States, it will have an impact on other markets.…

The stock's 14-day relative strength index (RSI) is 76.02. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Life Insurance Corporation of India-backed Paisalo Digital, a non-banking financial company, has informed exchanges that its board of directors have approved the allotment of over 74 lakh equity shares upon conversion of 4,000 Foreign Currency Convertible Bonds (FCCB). “... on September 17, 2025 the FCCB Committee of Board of Directors of Paisalo Digital Limited has considered and approved the allotment 74,03,585 Equity Shares of Face Value of Re. 1/-…