US inflation climbs above 4% for first time in three years as consumer spending stays resilient

The Personal Consumption Expenditures (PCE) price index, the US Federal Reserve’s preferred inflation gauge, rose 4.1% in the 12 months through May, up from 3.8% in April, data released by the Commerce Department’s Bureau of Economic Analysis showed on Thursday. US inflation accelerated above the 4% mark for the first time in three years in…

Read More

EPFO 3.0: ATM, UPI-linked withdrawals, faster claim settlement & more – what reforms will mean for subscribers

Subscribers will be able to withdraw their provident fund, and even transfer it directly to their bank accounts with the help of a UPI payment gateway. (AI image) Provident Fund withdrawals via ATMs, UPI, WhatsApp support, higher automatic settlement limits and more – the Employees Provident Fund Organisation has rolled out several steps aimed at…

Read More

Stock Market Live Updates Today: BSE Sensex erases most gains, ends at 77,100, Nifty50 above 24,050; oil prices fall to pre-war levels

Sensex Today Live: ‘Positive momentum likely’ “Indian equities are expected to regain their positive momentum, supported by renewed buying interest and lower energy prices. Brent crude is at near four-month levels, as vessel movement through the Strait of Hormuz is witnessing steady improvement. Additionally, the southwest monsoon has resumed its advance across the country, improving…

Read More
Copyright 2026 Kafela Bazar.