By Nagaraj Shetti After showing a sustainable upmove in the last three sessions, Nifty shifted into a consolidation on Wednesday amidst volatility and closed the day higher by 10 points. A small red candle was formed on the daily chart with minor upper and lower shadows. Technically, this market action indicates a formation of a
Digital gold investment platform Gullak has achieved remarkable growth, recording a 10X expansion in just a year, driven by strong consumer trust and festive season sales. It recorded sales of over Rs 50 crore during the recent festive season, the company said in a statement. The platform achieved a significant milestone on Dhanteras, generating the
EPFO News: Employee unions have been raising the demand for a long time for an increase in the minimum pension amount under the Employees’ Pension Scheme (EPS), 1995. In this regard, representations have also been made from the employees’ side as well as by other stakeholders. In the latest development, Asaduddin Owaisi, Member of Parliament
In a notable development, certain peripheral regions in India have experienced greater price increases over the past six years compared to many prime locations within the top seven cities, according to recent research by ANAROCK. For example, the peripheral area of Gunjur in Bengaluru witnessed an impressive 69% rise in average residential prices, escalating from
Global beverages major Coca-Cola has sold 40 per cent stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group. Though the company has not disclosed the amount of the deal, some media reports have pegged it at around Rs 10,000 crore. “The Coca-Cola Company today announced that it has
The telecom industry reported AGR growth of 7.1 per cent on-quarter and 13.1 per cent on-year during the fiscal second quarter to Rs 681 billion, showed data released by TRAI. The growth, stated an analysis report by JM Financial, was led by 15-17 per cent tariff hike undertaken by private telcos with effect from July
– By Mohit Khattar In a rapidly evolving market, how can QSRs retain their edge and continue to resonate with their customers? The answer may well lie in embracing technology. Technology can serve as that crucial bridge between brands and consumers, enabling richer and more personalized experiences. Understanding and addressing customer needs is essential to
The Indian rupee slumped to a record low against the U.S. dollar on Wednesday, reflecting a broader weakening of Asian currencies and growing concerns over the country’s economic outlook. The rupee touched an all-time low of 84.8650 before settling at 84.83, marking a marginal recovery by the close of trading. The Indian rupee was pressured
With the financial year 2024-25 about to end, the filing of income tax returns (ITRs) for the Assessment Year 2025-26 will start from April 1. Like previous years, taxpayers can file their tax returns online and offline both. The Income Tax Department every year enables new forms, updates existing ones and launches Excel utilities to
The GST Council is reportedly leaning towards a middle-ground approach rather than a complete waiver for health and life insurance policies. At present, health and life insurance gross premiums attract 18% GST, and this is expected to be brought down to 5%, FE reported, citing sources. This reduction, rather than a complete waiver in GST
Health insurance is a crucial safety net, but for individuals with pre-existing conditions, navigating coverage can be complex. A pre-existing condition—any illness or health issue diagnosed before purchasing a policy—often impacts how insurers assess risk, determine premiums, and impose waiting periods. To address customer confusion, the Insurance Regulatory and Development Authority of India (IRDAI) has
The financial stocks have been in focus. The Nifty Bank Index is up 4% in last 5 trading sessions. The Nifty Financial Services Index also clocked similar gains in the last 5 trading sessions. Global brokerage firm Jefferies is betting big has shared its insights on six key financial stocks. Covering banks, life insurers, fintech
The DLF share price is in focus. The stock is down 25% in 6 months and in 2025 alone, it is down over 15%. The Q3 earnings offered some encouragement but the question is, can you buy DLF now, especially considering the moderation expected on real estate rates going forward. Here is a look at
