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Top picks for Diwali: Axis Bank, Aadhar Housing Finance, Godrej Agrovat in Kotak Sec’s list to light up Samvat 2081

Indian markets created history in Samvat 2080 by hitting milestone after milestone. The Nifty surpassed 26250 and the Sensex surpassed 85900 in September 2024, with both indices gaining around 25% during Samvat 2080. The BSE Midcap and Smallcap index outperformed and gained 45% and 50% respectively. The upmove in markets was exceptional considering the spread

Royal Enfield Interceptor 650 facelift seen testing — Here’s what’s new

The launch of the Royal Enfield 650 twins put RE on a global map like never before. The success goes to the Interceptor 650, which is one of the best-selling twins for the bike maker and after a long time, the Interceptor is finally getting an update. The updated Royal Enfield Interceptor 650 was seen

SIP Calculator: How long will it take for a Rs 10,000 to Rs 1 lakh SIP to grow to Rs 5 cr?

SIP Calculator: Investors can utilize Mutual Fund Systematic Investment Plans (SIPs) to achieve various financial objectives, provided they are aware of the associated risks and seek appropriate guidance to select the mutual fund that aligns with their goals. Over time, numerous mutual fund schemes have demonstrated the ability to deliver returns that surpass inflation and

Make Rs 1 crore fast with mutual funds using 8-4-3 investment rule!

Among various requisites to become successful as an investor, one of them is having patience to see your investment grow slowly during the initial phase and reap the benefit of compounding during later years. Mutual funds also use compounding to grow investors money over time. In this article, we will learn how one can utilise

L&T bags significant order to deploy advance welding technology for Global Nuclear Fusion Project

Larsen and Toubro (L&T) on Friday announced that it has won a new significant order from the France-headquartered intergovernmental body – the ITER organisation for deployment of critical advanced technologies for assembly of ports and complex parts with the Vacuum Vessel at the world’s largest nuclear fusion project at Cadarache in Southern France.  In a

Afcons Infrastructure IPO: Check live updates, IPO allotmnet date, GMP, review, listing and other details

Go to Live UpdatesAfcons Infrastructure IPO 2024 Live Updates: Shapoorji Pallonji Group’s Afcons Infrastructure IPO opened on October 25. The company aims to raise Rs 5,430 crore. The issue consists of two components- issuance of fresh shares as well as an offer for sale. It will be closed on October 29.  The IPO price band is

Afcons Infrastructure IPO Day 1: Check price band, GMP, review, and other details

Afcons Infrastructure IPO opens on October 25. It will close on October 29. The company aims to raise Rs 5,430 crore from the primary capital market. The issue consists of two components- issuance of fresh shares as well as an offer for sale.  Price Band The company’s IPO price band ranges between Rs 440 –

New KTM 390 Adventure R and Adventure X details emerge

The upcoming KTM 390 Adventure will see a big leap in terms of design and capabilities. Multiple spy pictures have given us a fair idea of what to expect in terms of design, however, a new brochure leak has revealed more details about the 390 Adventure in regards to the variants, electronics, and hardware. Upcoming

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Tax sops may make selling life, health policies tough  

Insurers could find it hard to sell life and health insurance policies, as the enhanced benefits under the new income tax regime reduce their appeal, particularly for those investing in insurance for tax-saving purposes. Finance minister Nirmala Sitharaman on Saturday proposed that no income tax will be levied on those earning up to ₹12 lakh

Regulatory clarity and risk-sharing tools critical to Budget’s power sector reforms

The Budget 2025-26 paved the way for the crucial reforms needed in the power sector – strengthening of the distribution and transmission segment while enabling a clear path for the non-fossil energy to meet the country’s net zero targets.  However, while the industry welcomes the measures, it  remains cautious of clear regulatory frameworks and risk-sharing

Taxpayers alert! You will now pay 70% additional tax if filing updated tax return after…

The Budget 2025 has proposed to extend the time limit to file updated income tax returns (ITRs) for any assessment year from the current limit of two years to four years, but that comes at a cost. In her Budget 2025 speech, Finance Minister Nirmala Sitharaman announced a proposal to extend the time limit for

Size of Income Tax-Act to reduce by half in new Bill: CBDT chief

The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be tabled next week. The language has been made simpler, to the extent feasible, and the presentation has been made user-friendly, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal told Priyansh Verma in an interview. On the implementation

Markets to focus on earnings, RBI policy

Despite a number of positive announcements in the Budget, the stock markets failed to cheer on Saturday, with the benchmark indices ending flat. Barring FMCG, real estate and consumer-driven sectors ― expected to benefit from tax-cut measures ― most other sectors saw a limited movement. Shares in infrastructure, oil & gas and energy sectors experienced