Buying a luxury independent floor in South Delhi just got a lot more expensive. Property prices in the region have jumped between 64% and 105% in the last three years, according to a new report by Golden Growth Fund (GGF), a Category-II real estate-focused Alternative Investment Fund (AIF). According to the report, in Category-A colonies
The Centre has given the green light to the 8th Pay Commission, which is set to revise pay and pensions for over 1 crore employees and retirees. The revised pay structure is expected to come into force from January 1, 2026. ALSO READATM withdrawals, other banking services to be costlier from July 1 – here’s
If you think that RBI’s repo rate cut affects only loans, then this news is important for you. In the last 5 months, the Reserve Bank of India (RBI) has cut a total of 100 basis points i.e. 1% in three monetary policy meetings (MPC). Its direct impact is now visible on the interest rates
In today’s fast-paced world, planning for retirement is crucial for everyone, especially for those in their 20s and 30s who’ve just begun their financial journey. For many, the figure of Rs 1 crore has long symbolised financial success. From childhood, we’ve heard that becoming a “crorepati” means you’ve made it. But in the world of
State Bank of India (SBI) has reduced its savings bank account interest rate to 2.5% for all account balances, effective June 15. This change follows a 50 basis point reduction in the repo rate by the Reserve Bank of India (RBI) last week. Last time SBI cut savings bank rates was on October 15, 2022
A few years ago, a friend faced a sudden job loss in Mumbai. And with the high rentals in Mumbai, clubbed with the astronomical cost of living in general, life became tough. So, with rent due and not much savings to fall back on, he maxed out his credit card, paying huge sums in interest
If you are planning a long-term investment in mutual funds and are looking for a fund that can give returns of crores over time, then ICICI Prudential Multicap Fund can be a strong option for you. This is the oldest scheme of ICICI Prudential Mutual Fund House, which was launched in October 1994. So far
The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to reports, the Group of Ministers (GoM) constituted on insurance matters may recommend full GST exemption on life insurance and health insurance policies of senior citizens, reiterating its previous recommendations. Ahead
Income Tax Return Filing Deadline Extension AY 2025-26: The last date for Income Tax Return (ITR) filing for AY 2025-26 is September 15, 2025, with just 4 days remaining. But, as feared earlier, taxpayers are facing technical glitches while trying to file their returns on the e-filing portal of the Income Tax Department. For in-depth
The auto component industry is looking at the easing of tensions with China as a chance to strengthen partnerships and access advanced technology. China remains India’s largest source of component imports, and industry leaders said that improvement in ties could support growth in the domestic sector. “Many Indian firms have already partnered with Chinese companies
The initial public offer of Dev Accelerator Ltd received 63.97 times subscription on the final day of bidding on Friday. The three-day IPO got bids for 84,10,19,175 shares against 1,31,47,075 shares on offer, according to NSE data. Retail Individual Investors (RIIs) part garnered 164.72 times subscription. The category for non-institutional investors received 87.97 times subscription
The last date for Income Tax Return (ITR filing AY 2025-26) is now just 4 days away. This deadline will end on September 15, 2025. In such a situation, crores of taxpayers would like to see another extension in the return filing deadline. The finance ministry extended the deadline for taxpayers in May this year
JSW Group companies have been in focus. While JSW Energy boosted its renewable push with capacity addition, JSW Infra has made a brownfield rail siding acquisition. Both companies are betting on big expansion. Here are all the details- JSW Energy commissions 317 MW RE Capacity JSW Energy, a JSW Group company, announced that it has
