UPS vs NPS: Which is better for you?

In a move to placate the rising concern of a section of government employees who were demanding some sort of guarantee for their pension income after retirement, the central government launched the Unified Pension Scheme (UPS) on August 24. Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS? Experts are divided. Details here

Take a look at these key events

Today
Krishna Janmashtami
Mother Teresa's birth anniversary
Women's Equality Day
International Dog Day
Interarch Building Products IPO Listing
Forcas Studio listing on SME segment
Brace Port Logistics debut on the NSE Emerge
Indian Phosphate SME IPO opens
Baazar Style Retail IPO to issue price band
2nd India-Singapore Ministerial Roundtable
INS Mumbai to make first visit to Colombo
WazirX to open up INR withdrawals partially after $230-mn hackTomorrow
Premier Energies IPO Opens
Vdeal System IPO opens
Jay Bee Laminations IPO opens
Excise policy case: SC to hear Vijay Nair's bail plea
Kejriwal’s judicial custody hearing
NEET PG Result 2024 likely
US House Price Index
Redmi Watch 5 Active India launch

India, US GDP; Reliance AGM among 10 key factors to watch this week

Benchmark indices and broader markets continued their recovery for the week ending August 23, buoyed by positive global sentiments, better-than-expected US economic data, and expectations of a September rate cut by the US Federal Reserve. Stable oil prices and reduced FII selling, coupled with strong buying by DIIs, further supported the uptrend. On Monday, the market will react to Fed chair Jerome Powell's speech from the Jackson Hole Economic Symposium, where he indicated a possible rate cut in September. The week ahead is expected to be positive, with intermittent consolidation, focusing on GDP numbers from India and the US, Reliance Industries' AGM, and global market trends. Read more here

Primary Market Action: 9 IPOs, 8 new listings scheduled this week

The week ahead starting from August 26 will be action-packed for the primary market as total nine IPOs will be opening for subscription and eight new companies will debut on the bourses, with positive sentiments in the secondary market. The total fund raising by companies launching IPOs next week will be more than Rs 4,000 crore excluding the Baazar Style Retail's offer-for-sale portion as its price band has not announced. Read here

30 years of wealth creation: How SIPs empowered mutual fund investors

There are 14 equity-oriented schemes (including equity-linked savings schemes, or ELSS, and balanced funds) that have completed 30 years in the Rs 65 lakh crore Indian MF industry. Here is the list of equity diversified funds that multiplied investors' money through SIPs over the last 30 years.

iPad Air (2024) vs iPad Pro (2024): How Apple’s two power-packed iPads compare

Does the iPad Air have enough for most buyers? Or whether you want to go for the ultimate iPad experience with the iPad Pro? We compare two of Apple’s most powerful iPads.

Toyota Urban Cruiser Taisor

Does sheer brand equity help this badge-engineered alternative to the Maruti Suzuki Fronx stand-out? Find here