Gold, one of the rarest elements found in the Earth’s crust, has stood the test of time over thousands of years. Gold, a versatile element, is used in various industrial applications beyond its wearable status. However, what distinguishes it from all other asset classes is its reputation as the ‘bedrock’ of safe-haven wealth. It’s not
The Central Board of Direct Taxes (CBDT) has rolled out as many as seven ITR (income tax return) forms incorporating some key changes in them to align with budget announcements made last year to meet policy objectives and evolving tax norms. These forms, however, have been notified with quite a delay this year if compared
The alcoholic beverage companies are set to see an 8 to 10 percent growth in their revenue in the financial year 2026, says a report by Crisil Ratings. While the companies’ revenue is expected to show good growth, profits remain a concern. In the past three years, the alcobev industry revenue has grown at a
The brokerage firm JM Financial recently launched its India Model Portfolio, highlighting key opportunities in the current market. The brokerage is ‘Overweight’ on five key sectors which include – Banking, Real Estate & Hospitality, Telecom, Infrastructure, and Defence. Let’s take a look at the reason behind these sector calls and the top stocks that JM
The Income Tax Department has released the income tax return forms for the financial year 2024-25 (assessment year 2025-26). That is, now you can give the account of income and tax paid from 1 April 2024 to 31 March 2025 by filing an income tax return. Like the previous year, the government has notified seven
State-owned GAIL India Ltd on Tuesday reported a marginal rise of 1.3% in its consolidated net profit for the last quarter of the financial year 2024-25 at Rs 2,505.61 crore from Rs 2,474.31 crore recorded in the same period of FY24. On a sequential basis, however, the net profit fell by 39% from Rs 4,084.24
The Securities & Exchange Board of India (Sebi) on Tuesday proposed to ease rules for foreign portfolio investors (FPIs) that exclusively invest in government bonds (“IGBs”) under the voluntary retention route (VRR) and fully accessible route (FAR). As per Sebi data, the aggregate holding of FPIs in FAR-eligible government bonds stood at around ₹3 trillion
Warren Buffett, the oracle of Omaha and Ravi from Delhi have something in common. They both were witness to what can be called a superpower. While Buffett used it deliberately, Ravi’s story reveals a powerful lesson for the impatient investors, who want to keep jumping from one investment to the other. Discover this superpower below…
Health insurers may need to raise premiums by 3–5% to offset the loss of input tax credit (ITC) after the full GST exemption on individual life and health policies, Kotak Institutional Securities said in a report. The brokerage noted that despite a possible price hike, customers would still benefit from a 12–15% reduction in prices
The tax reforms unleashed by the government has missed an important segment of fast-moving consumer goods (FMCG), namely, detergents. The Rs 45,000-crore category, among the largest FMCG segments in India, continues to attract an 18% GST. There has been no rationalisation of tax there, even as some other daily-use items such as soaps, hair oils
Quant Mutual Fund is all set to make a first entry into the new-asset class Specialised Investment Fund allowed by Sebi. Founder & CIO Sandeep Tandon tells Ananya Grover that investors should not look at it in isolation but as a combination with other mutual funds. Excerpts: How should an investor look at SIFs from
To make India’s tax system simple and transparent, the government has announced historic reforms in the 56th GST Council meeting. The four tax slabs applicable till now have been reduced to only two major rates – 5% and 18%, while a special 40% slab has been introduced for luxury and harmful products or ‘sin goods’.
Kaynes Semicon, the semiconductor subsidiary of Kaynes Technology, is set to deliver its first chip from its outsourced semiconductor assembly and testing (OSAT) facility in Sanand, Gujarat, by the first week of October. The milestone comes less than 11 months after receiving approvals in September last year, reflecting one of the fastest execution timelines in
