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SBI Mutual Fund’s Top 5 Schemes: Up to 19% CAGR over 20-30 years! Rs 1 lakh grows to as much as Rs 1.3 cr

SBI Mutual Fund’s Top 5 Schemes: Mutual funds are a great investment option – whether you are looking for short-term, medium-term or long-term growth of your money. While short-term success can often depend on external factors, long-term performance truly shows a fund’s strength. When a fund performs well for over 20-30 years, it earns investors’

Buying vs Renting: Residential demand in metros sees strong growth amid rising rental yields

The debate between buying and renting homes has once again resurfaced, and search trends from Magicbricks reveal an inclination among customers toward homeownership. With rising rental yields and a growing sentiment for owning property, data from Magicbricks highlights a notable shift in consumer behavior. According to Magicbricks, across 13 metros, residential demand (searches) increased 7%

Can you use a credit card to pay your loan EMI? Pros and cons explained

Your loan EMI is typically paid through your bank savings account. At times when loan EMI is delayed, the bank may send you a link through which you can make the payments using different modes of payments. Some banks may not accept payments through credit cards, while others may allow this option. While this might

EPFO members attention! You can transfer your PF account without employer approval – Here’s how!

The Employees’ Provident Fund Organisation (EPFO) will now allow members to transfer their PF accounts without routing online transfer claims through their past or present employers in specific cases. To ensure ease of doing for its members, the process has been simplified for transfer of PF account on change of jobs wherein the requirement to

Budget 2025: ‘Restore commuted pension after 12 years instead of 15 years’ – Central govt employees demand

Budget 2025: Ahead of the Union Budget 2025, central government employees have again requested the Centre to look into their commuted pension restoration demand. At present, the government restores the commuted pension of a retiree after 15 years from the commutation date. The Staff Side of the National Council Joint Consultative Machinery (NC JCM), representing

Budget 2025 Expectations: From GST reductions to tax exemptions, here’s what insurance industry wants from FM

Budget 2025 Expectations for Insurance Industry: The insurance industry in India is poised for transformative growth, driven by increasing awareness of financial security and the need for robust risk management. As the government prepares for the Budget 2025, the industry is hopeful for significant reforms that will enhance financial inclusion, address affordability challenges, and align

No way to declare exempt gift in ITR

By Neeraj Agarwala Concerns have been voiced about notices issued by the Income Tax (I-T) Department regarding non-taxable gifts received from family members. While such gifts are legally exempt from tax under certain conditions, the lack of a designated reporting section in income tax return (ITR) forms has created confusion and led to unnecessary scrutiny.

EPFO discusses pendency of applications for higher pensions

The Executive Committee (EC) of the Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation’s (EPFO) on Saturday discussed the status of the pending applications of subscribers who opted for higher pensions, post a Supreme Court ruling in 2022. According to an official release, the panel was apprised about the expeditious examination of
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GIFT Nifty indicates subdued start on Thursday; Asian indices higher

GIFT Nifty was trading flat to slightly higher today implying a subdued start for the markets on Thursday. It took hints from the Asian markets and the overnight gains in the US markets, which were led by Nvidia. Japan’s Nikkei 225 rose 0.12% at 38,193. The Asia Dow was trading 1.5% higher at 3,870.98. However

How will markets open today? Nvidia earnings and 6 other important cues ahead of trading on February 27

The GIFT Nifty indicated that the Indian equity indices will open a slightly higher note as they take indications from early trading Asian indices. The US markets closed the session on a positive note led by tech stocks.  Previously, on Tuesday, the NSE Nifty 50 finished the session 6 points or 0.03% lower at 22,547.55

Stocks To Watch: Wipro, Bharti Airtel, Infosys, and others

If you’re feeling uncertain about which stocks to keep an eye on before the markets start, don’t worry! Below is a thorough overview of the most recent stock-related news to consider before beginning your day. You can keep a hawk’s eye on these stocks today, February 27- Stocks in Focus: From Wipro to UltraTech Cement

Inditex’s Bershka to take on Reliance’s Yousta

Spanish retail major Inditex on Wednesday launched its youth-centric retail brand Bershka, its second-largest globally after Zara, in India, setting the stage for competition with Reliance’s youth-focused retail chain Yousta. The Bershka launch at the Phoenix Palladium Mall in Lower Parel, Mumbai, comes as Inditex, among the world’s largest fashion retailers with over $37 billion

Welspun One deploys Rs 2,000 crore, launches Rs 1,000-crore fund

Welspun One, the logistics and industrial real estate arm of Welspun Group, on Wednesday said it has committed the whole of its Fund 2, a Rs 2,000-crore fund, within eight months of its final close. The fund has invested the corpus across nine Grade A assets. Welspun said it is launching a co-investment programme, targeting