The Indian stock market witnessed a sharp decline in the last two quarters of FY2025, but now the market seems to be picking up some pace. In the last one month, frontline indices have shown signs of a revival in investor sentiment, especially after the lows hit post US President Trump’s tariff imposition announcements. This
In 2025, the Reserve Bank of India (RBI) has so far cut its repo rate by a total of 0.50% (50 basis points) in two policy meetings in February and April. The repo rate is the rate at which the RBI lends money to commercial banks in the country. These two rate cuts have resulted
Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ensure that the information about different taxes, deductions, and exemptions on salary
Now, you will have to pay 1% TCS (tax collected at source) on the purchase of luxury goods like handbags, wrist watches, footwear, high-end sportswear and art objects costing more than Rs 10 lakh. The Income Tax Department has issued a notification stating that 1% TCS will be imposed on sale of certain luxury goods
Whenever you think of investing in mutual funds, the first yardstick that comes to mind to judge a fund is its returns in the short and long term. Many websites directly show you the ‘point-to-point return’ of a fund. That is, how much return was generated from this date to that date. But Radhika Gupta
Trade unions and various associations of pensioners have long been demanding an increase in the pension amount under the Employees’ Pension Scheme (EPS). The Employees Provident Fund Organisation (EPFO) in 2014 fixed the minimum guaranteed pension at Rs 1,000 for those EPFO members who contribute to the pension scheme for at least 10 years. However
Warren Buffett rightly known as the world’s top investor, has wealth greater than $130 billion. But he didn’t make his riches by knowing it all—his wealth comes from real life experiences and deep knowledge in a few areas. He calls it his “circle of competence,” a core principle behind every investment he makes. Before we
‘I need 10 crore… then life is set!’ You must have heard this many times or maybe you have said it yourself. But is a huge amount like Rs 10 crore or Rs 50 crore really necessary to achieve financial freedom? This debate has been going on for decades and will continue in the future
Prices of real estate in the surrounding areas of Jewar airport in Noida have nearly doubled in the last three years with property developers vying with one another to pick up land parcels. About 390 acres of land near the Noida International airport, along the Yamuna Expressway, has been snapped up in last 12 months, according
Reliance Jio continued to lead the monthly mobile subscriber additions for the second month in a row, registering 2.17 million new users in March, according to the data released by the Telecom Regulatory Authority of India (Trai). Bharti Airtel, country’s second largest telco, added 1.25 million subscribers during the month. After losing 20,720 subscribers in
Tension between India and Pakistan continues to grow in the aftermath of Operation Sindoor. However, the markets have shown a significantly mature reaction to the uncertainties across the border. The indices are in wait and watch mode but that doesn’t mean that the market is short of bargain buys. Leading brokerage house, Motilal Oswal has
Taxpayers can now file their returns for the recently concluded financial year using several forms notified recently by the Central Board of Direct Taxes. The Income Tax Department has officially released ITR Forms 1 to 5 over the past fortnight — with the other documents expected in the coming days. Several changes have been introduced
KFC, Pizza Hut operator Sapphire Foods on Wednesday released its fiscal fourth quarter earnings report wherein profit remained flat at Rs 2.02 crore. It posted revenue from operations at Rs 711.34 crore. This was 12.61 per cent higher in comparison to Rs 631.70 crore recorded during the corresponding quarter of FY24. The company EBITDA stood
