SIP is a simple and convenient way to invest in mutual funds. With standing instructions to your bank, a fixed amount is automatically debited every month, saving you the trouble of writing a cheque each time. SIPs are popular among Indian investors because they help average out the cost of investments and encourage regular investing.
Many major banks, including State Bank and PNB, have either revised their fixed deposit (FD) rates or launched new products for super senior citizens (those aged 80 years and above) recently. Usually, banks offer super senior citizens 25 to 75 basis points (bps) higher than the regular rate offered to the general public. Here’s a
Belated ITR Filing 2024-25: The extended deadline for filing belated income tax returns or submitting revised returns for the assessment year 2024-25 is quickly approaching. The final date for submission is just a week away, on January 15, 2025. Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing belated or
Secured credit cards are a viable solution for people with poor or no credit history. These cards help build or repair credit scores over time. Here’s a detailed look at secured credit cards available in India, focusing on their benefits, eligibility criteria, and key features. So, what exactly is a secured credit card? A secured
Budget 2025: Union Finance Minister Nirmala Sitharaman is expected to unveil the Direct Tax Code 2025, the simplified version of the income tax laws, in the Union Budget 2025-26, likely to be presented on February 1. The Direct Tax Code is being brought in to replace the Income Tax Act, 1961. The Direct Tax Code
7th Pay Commission News: The next dearness allowance (DA) revision for central government employees is due this month. However, the announcement will probably be made in the first week of March, as witnessed on several occasions in the past due to a lag in the release of the All-India Consumer Price Index for Industrial Workers
Mutual funds have become a popular investment choice, as more investors are opting to invest through Systematic Investment Plans (SIPs). Many are actively seeking ways to maximize their returns to achieve their financial goals. Increased awareness and the flexibility of investment options have significantly contributed to the rise of high-return investment products. Investors are seeking
With the Union Budget approaching, central government employees and pensioners are hopeful that Finance Minister Nirmala Sitharaman will address their demand for setting up the 8th Pay Commission. The Budget for FY 2025-26 is expected to be presented on February 1. Ahead of the Budget each year, the finance ministry seeks suggestions and listens to
India has been witnessing its fair share of business family feuds in recent times – from the Kalyanis and Modis to the Hinduja brothers, and now another marquee feud doing the rounds is between the real estate developers, the Lodha siblings. With the rivalry escalating, the mother of warring brothers – Abhishek and Abhinandan Lodha
Indian stock markets are witnessing a significant correction, with trading volumes plummeting across brokerage firms, Zerodha Founder Nithin Kamath said in a LinkedIn post on Friday. Kamath highlighted that markets, which tend to swing between extremes, could experience further declines after their recent peaks. “The markets are finally correcting. Given that markets swing between extremes
The entire IT pack is under pressure today and Coforge share price is down 3%. In fact the stock is down 12% over 1 month and slumped 25% so far in 2025. Despite that Jefferies has reiterated its Buy recommendation on the stock with a price target of Rs 10,100. It implies 32% upside from
The cut across markets deepen in afternoon trade but the sell-off is particularly brutal in the technology space. The Nifty IT Index has cracked 4% intra-day. Though its is around 16% away from its 52-week lows, the Nifty IT Index is down 13% so far in 2025. The losses in the last 1 month is
The EPFO Central Board of Trustees (CBT), the apex decision-making body of the retirement fund body, has decided to keep the interest rate unchanged at 8.25% for the financial year 2024-25, according to sources. The status quo on rate by the Employees’ Provident Fund Organisation (EPFO) is on expected lines amidst falling markets and bond
