After three months of fund infusion, foreign investors turned net sellers with withdrawal of Rs 5,524 crore so far in July, due to ongoing trade tensions between the US and India and mixed corporate results. With this, the total outflow has reached Rs 83,245 crore so far in 2025, data with the depositories showed. Looking
A Reddit post recently went viral in which a middle-class professional shared his 12-year career and financial journey with utmost honesty and detail. In the post, the Redditor talked about his middle-class background and how he started his career with a paltry salary of Rs 7,000 a month. Despite all the challenges, the person went
JSW Steel Ltd on Friday released its fiscal first quarter earnings report with profit at Rs 2,209 crore, surpassing estimates. The company reported a surge of 154.79 per cent in comparison to Rs 867 crore recorded during the corresponding quarter of FY25. The performance was buoyed by robust domestic demand and lower input costs. JSW
AI has emerged as one of the most talked-about themes recently. Companies engaged in Artificial Intelligence (AI) fall into several key categories. We have companies with machine learning platforms developing ML algorithms and platforms for data analysis, predictive modelling, and automation. Firms also specialise in conversational AI, chatbots, language translation, sentiment analysis etc. There are also
Taxpayers who have shown fake deductions in their ITRs (income tax returns), made false claims or deliberately concealed any income are warned by the Income Tax Department to correct their mistake by filing a revised ITR – ITR-U. Otherwise, they will have to face strict action, the finance ministry recently said in a circular. In
LTIMindtree Ltd on Thursday released its fiscal first quarter earnings report with profit at Rs 1,254.10 crore, posting a growth of 10.61 per cent in comparison to Rs 1,133.80 crore recorded during the first quarter of FY25. It posted revenue from operations at Rs 9,840.60 crore. This was 1.63 per cent higher than Rs 9142.60
Indian equity markets ended Thursday’s session in the red, as major indices gave up early gains amid selling pressure in IT and banking stocks. At close, the Sensex settled at 82,259.24, down 0.45%, while the Nifty ended at 25,111.45, slipping 0.40%. The Nifty Bank too closed lower at 56,828.80, down 0.59%. What moved the markets
In today’s world, spending money wisely has become a rare quality as there are countless ways to splurge — from expensive cars and luxury houses to branded items and even the pressure to show off on social media. If you are someone who often spends money unnecessarily or mindlessly and wants to break this habit
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder