“Large cap is the new debt. Private markets are the new equity,” Edelweiss Mutual Fund MD & CEO Radhika Gupta remarked, referring to a quote she came across. The statement has struck a chord with many, as it captures the evolving risk appetite of investors. “An interesting quote I heard today that summarises how risk
Realty major Nimbus Group has announced an investment of Rs 1,100 crore to develop Arista Luxe Phase II, a premium residential project located in Sector 168, Noida. The development, formerly stalled, is being revived under the Legacy Stalled Projects Scheme with formal approval from the New Okhla Industrial Development Authority (NOIDA), the Noida-based real estate
ITR Filing AY 2025-26: As many as 2.47 crore income tax returns (ITRs) have been filed for the financial year 2024-25. Of these, nearly 1.14 crore returns have been processed by the Income Tax Department. Going by what we saw in the previous year, around 75% taxpayers are yet to file their returns. Every year
ITR Filing news: With ITR filing date extended to September 15, you now have more time to decide between old and new tax regimes. Salaried employees or pensioners without business income can change tax regime every year before filing ITR by simply selecting the option in ITR-1 or ITR-2. ALSO READTired of high rents and
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
New Income Tax Bill, 2025: The Centre has taken a big step towards making the tax system simple and transparent in the country. The Modi government introduced the ‘Income Tax Bill, 2025’ in Parliament during the budget session this year to replace the existing Income Tax Act, 1961. This Bill, after being introduced in the
The Modi government launched the Unified Pension Scheme (UPS) under the National Pension System (NPS) on April 1 this year. The UPS was conceived as a new pension plan for central government employees, giving them an option to subscribe to a new scheme that combines some of the unique features from the existing NPS and
It seems that the high-interest-rate regime, which prevailed for almost three years, has come to an end in the wake of the RBI slashing the repo rate by 100 basis points (bps) this year. However, there are some private sector banks that are still offering attractive interest rates on their fixed deposits (FDs) for senior
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
The Securities & Exchange Board of India (Sebi) plans to end weekly expiry hit stocks of brokerage firms, clearing houses and the only listed stock exchange – BSE – on Thursday. The stock price of BSE and Angel one were down l 4.5% and 4.9%, respectively. Nuvama Wealth’s stock price closed 3.4% lower. Share prices
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
