The National Pension System (NPS) is a government-sponsored retirement savings scheme aimed at ensuring a stable income after retirement. The scheme offers long-term investment opportunities and also offers tax benefits. NPS was launched in 2004 for government employees, which was later made available to all Indian citizens aged 18-60 years. How to make NPS payment
India’s home textile industry is expected to record a revenue growth of 6-8 per cent this fiscal, following a 9-10 per cent rebound during the last fiscal, stated a report by CRISIL Ratings. The growth, it added, will be driven by resilient demand from the US, which is the key export destination, and also the
By Ravi Singh The benchmark indices are currently on the neutral to negative side, with no fresh positions recommended unless the Nifty trades above the 24,450 mark. Sustained positive market momentum is likely only if the Nifty manages to close above 24,450. As of now, the highest OI on Nifty November monthly options is concentrated
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Tuesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended down by 29 points or 0.12% at 24,092.50 indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex
Congress President Mallikarjun Kharge accused the Bharatiya Janata Party (BJP) on Tuesday of seeking to seize Jharkhand’s mineral wealth rather than focusing on the welfare of its people. Speaking at a rally in Mandu, Kharge said the BJP’s growing presence in poll-bound Jharkhand — with more leaders than candidates — demonstrated the party’s intent to
Ahead of the Maharashtra Assembly elections, the Election Commission on Monday directed the state government to immediately transfer Director General of Police Rashmi Shukla following complaints from political parties, including the Congress, PTI reports, citing sources. The commission instructed the Maharashtra chief secretary to hand over Shukla’s responsibilities to the next senior-most IPS officer in
Hero MotoCorp has released a teaser for an upcoming 250 cc motorcycle, likely to be a naked bike, potentially named the Xtreme 250. Last year, Hero unveiled the Hero 2.5 Xtunt concept at EICMA, and this new teaser suggests that it could be the production-ready version of that prototype. While there is no official announcement
Royal Enfield wrote a new chapter in its motorcycling legacy last night as it unveiled its first ever all-electric motorcycle. Not just a product but Enfield has revealed its dedicated range of upcoming electric vehicles which will be retailed under the “Flying Flea” sub-brand. The first model to be retailed under the new subsidiary brand
The Centre’s move to continue the New Pension System (NPS) for central government employees has been supported by former Deputy Chairman of erstwhile Planning Commission Montek Singh Ahluwalia, who feels that states going back to the Old Pension Scheme (OPS) are taking a wrong decision. The Atal Bihari Vajpayee government in January 2004 introduced the
Just days after Adani Enterprises (AEL) announced its plans to exit from Adani Wilmar, the FMCG major on Saturday released its standalone performance report for the quarter ended December 31, 2024, wherein it posted a revenue growth of 33 per cent on-year. The FMCG firm recorded a healthy 6 per cent YoY growth in volumes
As we entered the new year, how is the IT services industry expected to perform in CY25? Per JM Financial, CY25-start has little in common with CY24. Last year this time, the book of business was transitioning from (eroding) discretionary book to efficiency-led work. Per the analysis report by the brokerage firm, leakages have reduced
– By Sunil Gupta As India embarks on an ambitious clean energy journey, aluminium stands at the forefront of this transformation. Aluminium is playing a pivotal role in powering new domestic innovations across energy storage, transportation, and infrastructure development. With the country targeting 50% of electricity generation from renewable sources by 2030, aluminium is an
A New York court has ruled that the criminal and civil cases against Indian billionaire Gautam Adani and others, linked to an alleged bribery scheme, are “related” and will be handled by the judge presiding over the criminal case. According to an order from the US District Court for the Eastern District of New York
