SALARY CAP
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analyst
No doubt, the mood in the market has changed and the bulls seem to be back in a determined fashion. Don’t, however, expect the indices to keep climbing daily. There will be pauses. Also, though the things troubling the market have receded for now, they can still return. And these troubles are likely to be global rather than local.
Two major Social Security changes are coming in 2027: Retirees get a 3.6% raise, but some workers will pay $484 more in taxes — who will be affected?
Social Security 2027 changes: Social Security checks will rise 3.6% in 2027. The average retired worker will get $2,170 a month, up $75 from $2,095. SSI recipients will receive the higher payment on December 31, 2026. The Social Security tax limit for workers will rise from $184,500 to $192,300. Employees earning at least $192,300 could pay about $484 more in tax each year.
Higher EPS pension: Pensioners request Labour Ministry to withdraw EPFO circular rejecting exempted employees' higher pension claims
The National Confederation of Pensioners' Associations has requested the Labour Ministry's urgent intervention in pending pension cases. They seek to withdraw a circular from January 2025 that affects higher EPS pension eligibility. The NCPA emphasizes eliminating discrimination between exempted and unexempted establishments regarding pension rights. They have proposed several recommendations to streamline the processing of pension applications and address delays.
Kirk Cousins contract, salary: Quarterback to get paid by three NFL teams in 2026 after Raiders trade him to Vikings
Kirk Cousins has been traded by the Las Vegas Raiders to the Minnesota Vikings ahead of the NFL trade deadline. The Vikings will send a 2027 third-round pick to the Raiders to complete the deal. Cousins will undergo a physical examination with the Vikings before the trade is finalized. Raiders general manager John Spytek explained that the decision was made with the team's future in mind.
Suvendu Sarkar rolls out Diwali bonanza for Bengal babus, hikes IAS allowances by 50%
The Suvendu Adhikari-led West Bengal government has announced a range of benefits for its IAS officers, including a 50% hike in monthly sumptuary allowances for senior officials, education loans of up to Rs 50 lakh for children's studies in India and abroad, and expanded foreign travel benefits under LTC. The package also includes housing, electricity and post-retirement benefits, along with allowances for official work-related expenses.
EPFO’s November 19 meeting to be held in New Delhi: Can EPFO increase minimum EPS pension from Rs 1,000?
The Employees' Provident Fund Organisation is gearing up for its 240th Central Board of Trustees assembly, scheduled for November 19, 2026, in New Delhi. However, official confirmation from the government about these proposed changes is still pending, even as calls for enhanced pension benefits persist.
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Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
These large-, mid- and small-cap stocks have upside potential of up to 31% in 1 year, according to analysts
In the last two years, the world has learnt that you can never quite predict what US President Trump will do next. Tomorrow, to pull attention one way or another, there could well be some more action against Iran, changing the mood again in a single afternoon. So, the improvement in sentiment is real, but it is also fragile.
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
Beyond Equity: Jiraaf’s Saurav Ghosh on how to customise your portfolio, and the importance of bonds
An investment portfolio should be customised to one’s own needs, because there tends to be no one-size-fits-all portfolio. The idea is to ensure financial goals are realised across timelines and not just a decade or twenty years later. Jiraaf founder, Saurav Ghosh, talked about the customisation, profit margins, risk management and more when it comes to allocating a part of one’s portfolio to bonds. Read on!
Yaxel Lendeborg went from turning down a $9 million NIL deal in college to a $28 million contract with the Warriors: Here’s more about his contract and net worth
In his debut season with the Warriors, Yaxel Lendeborg made headlines by scoring a career-high of 37 points in a thrilling game. Before this, he was a key player for the Michigan Wolverines, choosing loyalty over lucrative offers. After being picked 11th overall in the 2026 draft, he inked a noteworthy four-year contract worth $28.1 million.
Nikita Kucherov reportedly refuses to re-sign with Lightning after 13 seasons, requests a trade: What did his multi-million dollar contracts look like at the team?
Nikita Kucherov has decided not to re-sign his contract with the Tampa Bay Lightning and seeks a trade. The Lightning organization is aware of Kucherov's intentions and has reiterated they do not plan to trade him. Kucherov has had a successful career with the team, winning two Stanley Cups and becoming their all-time leading scorer. Despite the contract negotiations, Kucherov will continue to play for the Lightning this season.
Nikita Kucherov reportedly refuses to re-sign with Lightning after 13 seasons, requests a trade: What did his multi-million dollar contracts look like at the team?
In a surprising turn of events, Nikita Kucherov, a standout forward for the Tampa Bay Lightning, has turned down a contract renewal and expressed a wish to be traded after a remarkable 13 seasons with the franchise. Management hopes to hold on to him despite his rejection of a lucrative offer. Kucherov will remain on the roster as talks progress.
Less than 1% of Caitlin Clark’s income comes from her WNBA salary: Here’s a look at the endorsements that help her earn $12 million annually
Caitlin Clark, the first overall pick in the WNBA 2024 draft, has excelled since joining the Indiana Fever. She has been highly successful, receiving multiple accolades including rookie of the year and All-WNBA First Team honors. In addition to her WNBA achievements, Caitlin has also contributed to the US national team, winning a gold medal. Her endorsement deals have significantly increased her earnings, contributing to her impressive financial success.
Why are nearly 2,000 MBBS seats vacant in India? Private and state medical authorities ask NMC to step in
Despite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High tuition fees are deterring potential candidates from enrolling, especially in states like Karnataka and Tamil Nadu, where significant vacancies persist. Authorities are contemplating lowering eligibility cut-offs to fill these spots, prompting discussions on the accessibility of medical education and its future ramifications for students.
MF Query: I’m 33 and want to build wealth and buy a property. How should I allocate my mutual fund SIPs?
A 33-year-old investor aiming to build a Rs 6 crore corpus over 22 years may need to raise his annual SIP step-up from 10% to 16–17%, according to an expert. The portfolio could also benefit from replacing the underperforming small-cap fund with a large-cap scheme, adding limited gold exposure and adopting a separate SIP strategy for the Rs 25 lakh property goal.
EPS-95: Private sector employees win higher pension case in Bombay High Court despite PF Trust wage ceiling limit cap; know why
EPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped the contributions at statutory wage ceiling limit
MLB 2027 season is threatened with a lockout as owners push for salary caps, could this lead to missed games? Here’s all you should know
The Major League Baseball (MLB) is approaching a potential lockout as the collective bargaining agreement expires soon. Club owners are proposing a salary cap for the first time in decades, which may alter franchise valuations. While the MLB has not missed games since 1994 due to a strike, the upcoming season could be impacted. The players' association argues against this proposal, citing financial implications for them.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Here’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spending on AI, and there has been some correction in those stocks because of it. It is natural to worry that this will spill over into the Indian market. It most likely will not.
Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance pay
Microsoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of service. US workers can use the company's payment formulas to estimate their potential payout, while the offers also include continued stock vesting and health insurance.
Nevada unions, politicians caught between AI job creation and destruction
Nevada unions' soul-searching reflects the national debate underway over whether regulation should slow down AI development amid conflicting projections of job destruction and creation - and whether AI will ultimately lift humanity or harm it.
What is the best way to invest in gold monthly with a modest salary?
ET Wealth Reader's Query: I just started my first job. My salary is modest, but I would like to invest a small amount in gold every month as a long-term investment. What are the safest and most secure ways to invest in gold through monthly investments? Which option is suitable for someone starting out with a limited budget?
Harry Kane becomes first Englishman to win Ballon d'Or in 25 years - Check out his net worth, career achievements and more
Harry Kane has etched his name in football history by clinching the 2026 Ballon d'Or, breaking a 25-year dry spell for England. This remarkable achievement comes after an extraordinary season where he netted 73 goals and led his national team to a commendable third place finish at the World Cup. His transfer to Bayern Munich has played a pivotal role in elevating his status.
WPL 2027 auction: When and where to watch Women Primer Leage auction? check date, time, live streaming details, venue and key players
WPL 2027 Auction Date, Time, Venue: WPL 2027 auction will see five franchises compete for players ahead of the new season. Here is everything to know about the auction date, time, venue, live streaming, telecast, team-wise purse, retained and released players, rules and key names to watch.
Insurance commission: NBFCs seek 5-year transition period to reduce selling fee
The industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps of 2% for credit life and 5% for credit health insurance would make credit-linked insurance distribution unviable, given distribution costs are about 32% of the premium.
ED moves SC against Delhi HC order quashing PMLA case against news portal NewsClick
The Enforcement Directorate has challenged a Delhi High Court ruling that dismissed a money laundering case against NewsClick. The high court determined that the FIR was an abuse of legal process after evaluating the evidence presented. The court found insufficient grounds for the allegations of violating Foreign Direct Investment guidelines. After extensive investigations, the ED did not find any incriminating evidence against the accused.
No additional EPS contribution by government on higher wage ceiling of Rs 25,000; know what it means for your pension
EPS pension: In a recent notification, the central government confirmed that the Employees' Pension Scheme contribution will remain at the current cap of Rs 15,000, despite announcing a new wage ceiling of Rs 25,000. This choice reflects findings from earlier actuarial evaluations pointing to a potential funding shortfall. Additionally, the government has promised supplementary budgetary support to ensure current pension payouts, although sustainability concerns have been voiced in Parliament.
Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT Jaipur
After retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling Rs 9.53 lakh. Determined to secure his rightful benefits, he appealed to the ITAT Jaipur, which sided with him and extended full tax exemption. The tribunal admired prior cases that upheld similar claims from fellow retirees, proving advantageous for Chhaju.
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