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
The Union Budget 2025-26 is set to be presented by Finance Minister Nirmala Sitharaman next month, and almost all segments of society, encompassing taxpayers, various industries, and trade unions, are anticipating the introduction of relief measures from the government. Some industry bodies have already started submitting their demands to the finance minister. In their customary
2024 has proven to be a groundbreaking year for India’s luxury real estate market. From stellar deals in Gurugram to blockbuster sales in Mumbai, the super-luxury living trend is reshaping the real estate landscape. Gurugram, in particular, has emerged as a fierce competitor to Mumbai and Dubai in the luxury real estate category, setting new
Interest rates on fixed deposits (FDs) are currently relatively high. Smaller banks in India are offering rates that catch the eye. But should you take the plunge? Here’s a simple breakdown. Foreign and small banks often offer higher interest rates as they want to attract more customers. It helps them compete with bigger players. They
The SKA Group has launched its ultra-luxury housing project SKA Divine in Wave City, Ghaziabad. The group intends to invest Rs 150 crore in this project and anticipates generating Rs 900 crore in revenue. Located along the Delhi-Meerut Expressway, the development spans approx. 5 acres, featuring 536 premium apartments across 27 floors in 3 towers
Systematic Investment Plans (SIPs) have gained immense popularity among investors today. Mutual fund SIP investments in November remained above Rs 25,000 crore for the second consecutive month, AMFI data on month-wise SIP contributions showed. SIPs offer numerous advantages that appeal to both novice and seasoned investors. With SIPs, you can invest in mutual funds while
SBI Special FD Scheme: The State Bank of India (SBI) has launched a special fixed deposit (FD) plan called ‘SBI Patrons’ for super senior citizens—individuals who are 80 and above. Under the ‘SBI Patrons’ scheme, available to both existing and new FD investors, the bank will offer super senior citizens an interest rate of 10
The Modi government in the Union Budget 2025-26 announced major changes in tax slabs and rates to benefit all taxpayers under the New Tax Regime. Under the new tax system, now there will be no tax on income up to Rs 12.75 lakh, including standard deduction of Rs 75,000. After these changes in tax slabs
India’s BigBasket is gearing up for an initial public offering within the next 18 to 24 months, CEO Hari Menon revealed, as the Tata Group-backed grocery platform looks to capitalize on the growing demand for rapid online deliveries—ranging from fresh produce to Apple iPhones. The company aims to double its business annually by March 2026
Go to Live UpdatesCoal India Share Price Today Live Updates, 28 Feb, 2025: The Coal India share is in news and the counter closed trade on 27 Feb, 2025 at Rs 363.85. The shares touched intraday high of Rs 367.8 in the last trading session while the intraday low was at Rs 356.25. The company’s
February is wrapping up, and the stock market is set for its final trading session of the month. From state-owned giants to fast-growing private players, several companies are in focus today. Some have secured big deals, while others are facing financial challenges. As trading kicks off today (February 28), here’s a look at the stocks
SBI Banking & Financial Services Fund, an open-ended equity scheme investing in banking & financial services sector, has completed 10 years. This sectoral fund, which is mandated to invest at least 80% of its assets in the stocks of banks and financial services companies, has generated 14.94% return (Direct Plan) and 13.73% return (Regular Plan)
