Systematic Investment Plan (SIP) in mutual funds have emerged as a preferred choice for investors aiming for wealth creation through equities. Investing in mutual funds SIP works just like like recurring deposits (RD) with a bank, where you deposit a fixed sum of money regularly. The only difference here is that your money is deployed
The pharma sector is staring at more uncertainty ahead after US President Donald Trump signed a new executive order on May 12, mandating that US drug companies align prices with other developing nations. Typically, the prices in the US are much higher, often 2-5x) than that in other countries where the government negotiates for lower
The brokerage firm Motilal Oswal has turned cautious on select stocks. The firm has given a ‘Sell’ call on these three stocks which include Thermax, Fine Organic Industries, and Relaxo Footwears, indicating challenges in growth, margins, and valuations. Here’s a look at the three stocks Motilal Oswal believes could face further pressure- Thermax: Sell with
Mumbai, Delhi and Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at Rs 25.2 lakh crore for the year, despite substantial income tax relief in the budget. ALSO READNearly 1000 flights cancelled since the start of Operation Sindoor As
Reliance Power Limited on Monday announced that its subsidiary Reliance NU Energies Private Limited has bagged the largest allocation in SJVN’s tariff-based competitive bidding process, securing an allocation of 350 MW of solar generation capacity coupled with 175 MW/700 MWh of battery energy storage system (BESS). Post this announcement, shares of Reliance Power surged 10.01
The Raymond Group, one of India’s well known and iconic brands in the lifestyle industry is now reshaping its corporate structure in a major way. After spinning off its fashion business last year, the company has now plans to demerge its real estate business as a standalone entity. Let’s take a look at the four
To invest in precious metals from a diversification standpoint, gold and silver are two meaningful avenues. In recent times both these precious metals have made all-time highs. In Indian rupee terms, on April 22, 2025, the price per 10 grams of 24k gold crossed Rs 1 lakh amid geopolitical and macroeconomic uncertainty, along with weakening
Polycab India Ltd on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 726.67 crore, surpassing estimates. This was 33.09 per cent higher in comparison to Rs 546.00 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 6985.80 crore, up 24.93 per cent as against Rs 5591.90
Income tax returns (ITRs) for AY 2025-26 (financial year 2024-25) finally started, with almost a two-month delay, on May 30, 2025. The Central Board of Direct Taxes (CBDT) on May 30 released two Excel-based utilities for ITR-1 and ITR-4 filers. Usually, the government makes online and offline ITR utilities available in the second or third
US President Donald Trump increased the tariffs on steel and aluminium, and the increased 50 percent tariffs would be effective from June 4. The increase in tariffs on steel and aluminium could have a major impact on Indian companies, as India exports about $4.6 billion worth of iron, steel, and aluminium products every year to
The Nifty Metal index hammered 1.6% to the 9,047.95 level on Monday after the US President Donald Trump said that he would double the import duty on steel imports, implying this Wednesday. On Friday, Trump announced to raise the tariffs on steel imports to 50%. He was addressing a rally at a US steel plant
Housing sales in India’s top 15 tier 2 cities dropped by 8% year-on-year in the first quarter of 2025, according to a report by real estate data analytics firm PropEquity. A total of 43,781 units were sold in Q1 2025 compared to 47,378 units in Q1 2024. However, despite the dip in volume, sales value
The board of beleaguered telco Vodafone Idea (Vi) has approved another round of fund raise amounting to Rs 20,000 crore, while the operator’s net loss widened sequentially in the March quarter. In an exchange filing late on Friday night, Vi informed the exchanges that subject to shareholder approval and/or other requisite regulatory/statutory approvals, the firm