Wisdom Hatch founder believes stock markets will rebound, but he warns of higher inflation and a faster decline in the rupee.

Amid a sharp decline in Indian equity markets, Akshat Shrivastava, founder of investment education platform Wisdom Hatch, cautioned investors about the long-term implications of recent market trends. While expressing confidence in the market’s recovery, Shrivastava highlighted challenges such as faster rupee depreciation and higher inflation.   “Our stock markets will bounce back. People are used…

Government employees and pensioners have received approval from the Center for the creation of the 8th Pay Commission.

The Central government will set up a committee for the implementation of the 8th Pay Commission for government employees and pensioners, potentially benefiting millions of individuals. The 7th Pay Commission’s recommendations, which were implemented by the Narendra Modi-led government in January 2016, would conclude on December 31, 2025. According to the timeline provided, the 8th Pay…