Crores of depositors who invested their hard-earned money with Sahara India are eagerly waiting for a refund, even after more than a year has passed since the launch of the CRCS-Sahara refund portal on July 18, 2023. This was done following a Supreme Court order to facilitate the repayment of money to Sahara depositors who
ELSS Mutual Funds: Today, investors have a wide range of options, including fixed deposits, debt instruments, equities, real estate, and more. While some investments, like bank fixed deposits, offer fixed returns in the range of 7% to 8%, these returns may not meet the expectations of all investors. On the other hand, options like equities
Credit card spending moderated in November 2024, followed by strong festive demand in October 2024, reporting a ~16.1% drop month on month (MoM) to ~Rs 1.7 tr. Spending through Point-of-Sale (PoS) transactions dropped by ~14% MoM whereas online spending declined by ~17.5% MoM. This was largely on expected lines, given the high base due to
In the past, gold investors didn’t have many options other than parking their fund in physical gold. However, over time, markets found new gold investment avenues and now investors have as many as five options – Sovereign Gold Bonds (SGBs), Gold ETFs, Gold Funds, digital gold and physical gold. Let’s briefly understand the key
Life insurance serves not only as a safety net but also as a financial asset. For families with a single breadwinner, it can be invaluable. However, many people find it challenging to choose between term insurance and traditional life insurance. Understanding the difference between the two is key to making the right decision. Term insurance
Property values in the National Capital Region (NCR) have shown significant increase in a rather short time span as the country’s rich continue to pour millions in this highly-promising residential market, inspired by lifestyle aspirations. According to the latest findings of the Housing Price Index (HPI), a leading indicator of price trends in India’s key
Kisan Credit Card Scheme: The Kisan Credit Card (KCC) scheme was launched to cater to the financial needs of farmers at different stages of farming. It provides a streamlined credit support system through banks, ensuring timely and adequate financial assistance under a single-window approach. The KCC scheme simplifies the loan process, offering farmers a flexible
Members of Employees’ Provident Fund (EPF) will now get more money as the interest on the accumulated balance will be paid to them up to the date of final settlement. At present, for final claims settled till the 24th of the month, interest is paid only up to the end of the preceding month causing
Larsen and Toubro (L&T) on Monday announced that its Power Transmission & Distribution (PT&D) vertical has secured new orders in India and abroad. In a regulatory filing, the company said that it won an order to implement 765kV and 400kV transmission line segments associated with a Renewable Energy Zone in Uttar Pradesh. Prior to this
While UltraTech ventured into the Cables and Wires (C&W) segment maintaining grey cement as its core business, an analysis report by Nuvama said that there will be no material impact on earnings of existing C&W players in the immediate term (till FY27E). “Even post-FY28E, the impact shall be relatively modest for incumbents given: i) strong
The technology stocks are one of the brightest spots in the market today. While the benchmark indices are flat, the Nifty is holding above 22,100 led by tech biggies like Wipro, Infosys and Tech Mahindra. Even counters like HCL Tech that saw sharp cut in trade on February 28 are now trading flat. In fact
Not a pretty Monday to start March with for the Midcaps and the smallcaps as the key indices continue to be under severe selling pressure. In fact, the BSE Smallcap Index is down over 1300 points while the BSE Midcap slumped close to 800 points within the first three hours of trade. This is after
The stock market is buzzing with action. If you’re confused about which stocks to keep an eye on, especially after the big rout in February, here is handy list of stocks in news! Here is an overview of stock-related news to consider as you begin your trading day. You can keep a hawk’s eye on