Silver has surged past the psychological level of Rs 1 lakh per kg, outperforming all other asset classes including buoyant gold that has gone past the 80,000 per 10 gram level in the national capital. Silver was sold at Rs 1,01,000 per kg in the national capital on Monday, October 28. Since last Diwali on
In the latest episode of ‘MannKiBaat’ on Sunday, PM Narendra Modi awakened the society to the menace of defrauding people by threatening them with ‘Digital Arrest’. PM Modi laid out measures to prevent such fraud and reminded citizens that no government agency conducts investigations via phone or video calls. To nip this evil in the
Saving schemes are offered by the Government of India to help people save small amounts regularly. As these investments are backed by the government, they are considered safe, giving risk-free returns. These plans also provide tax benefits, allowing investors to deduct certain amounts from their taxable income. Investing in small savings schemes offers several benefits.
Diwali is one the biggest festivals in India and this is also the time when shopping for clothes, new appliances and big purchases take place. Big discounts and many offers are given during this time by shoppers and online marketplaces to lure customers and boost their sales. Credit cards have made it easy for us
EPFO Update: Pensioners covered under the Employee’s Pension Scheme (EPS) governed by the Employees’ Provident Fund Organisation (EPFO) will receive their pension for the month of October in advance by a day or two keeping in view the Diwali festival on October 31, according to a circular by the retirement fund body. “Keeping in view
HDFC Mutual Fund, previously known as HDFC Asset Management Co Ltd, was established in 1999 as a joint venture between HDFC Limited and abrdn Investment Management Limited. Today, it stands as one of India’s largest mutual fund houses. As an asset management company (AMC), HDFC Mutual Fund provides a wide range of mutual fund schemes
Numerous individuals are reluctant to choose credit cards because of the annual fees, which they perceive as an additional burden on their regular expenses. In contrast, lifetime free credit cards provide the opportunity to reap the advantages of plastice money, such as earning rewards on purchases, without facing any ongoing costs. The absence of annual
In November every year, pensioners are asked to must submit their annual life certificate, known as the Jeevan Pramaan. This process ensures the continued disbursement of pensions. Kendriya Vidyalaya Sangathan (KVS) has issued a new order regarding the submission of the Annual Life Certificate for pensioners who retired on or after April 1, 2023. This
In spite of the significant rise in housing prices across Indian cities in 2024, homebuyers continue their quest for bigger living spaces. Latest ANAROCK data shows that average flat sizes in the top 7 cities rose by 8% annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back
Donald Trump taking the oath as the US President for the second time saw US markets soar. The entire world watched closely how Trump might shape his possible economic policies. There were concerns that if Trump implemented his protectionist policies, as widely anticipated by experts, it could impact the global economy and markets adversely, though
Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value of Rs 2,955 crore. This premium beauty brand, found in in 2020 by Mohit Yadav and Rahul Yadav has an annual revenue run rate of over Rs 500 crore and the business has been profitable since inception. HUL also plans to will acquire
By Shanthi Rexaline A new grouping of stocks dubbed ‘BATMMAAN’ that promises above-market returns has taken Wall Street by storm. These stocks, all from the high-flying tech sector, have fueled the U.S. bull market since October 2022. Meanwhile, India’s market has enjoyed an even longer bull run, with key indices trending upward since the onset
8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend