The Elan Group has secured an investment of Rs 1,200 crore from Kotak Real Estate Fund. The investment will be utilized as growth capital, enabling the Elan Group to further strengthen its presence in Gurugram’s prime real estate market. This investment marks a notable financial boost for the Gurugram-headquartered developer as it continues to expand
Physical gold or gold ETF? Which is better in terms of return on investments? Before comparing the returns given by both these investment instruments, it’s important to understand their fundamental differences. Physical gold refers to gold that is purchased in the form of coins, bars or jewelry. Physical gold is owned directly by an individual
97% of Indians are planning to travel this festive and holiday season, with 33% having already booked their travel, according to the Amex Trendex India findings released by American Express today. Leisure tops the list of travel motivations (63%), followed by the desire to explore new places (54%) and reconnect with family and friends (27%).
A new Single Pension Application Form 6-A has been introduced for retiring employees to submit their pension claims, effective from November 16, 2024. This form will be available for online submission through the Bhavishya and e-HRMS platforms starting October 15, 2024. Retiring central government employees are now required to fill out the new Form 6-A
NPS Calculator: The National Pension System (NPS) has gained recognition as a prominent retirement planning instrument for employees in both the public and private sectors across the nation. It is specifically designed to promote long-term savings for retirement, offering an effective means to accumulate a pension corpus. For individuals seeking to secure a pension through
The Goods and Services Tax (GST) Council is expected to consider a proposal to remove GST (goods and services tax) on premiums for term life and health insurance. The proposal, if approved, will offer a significant relief to policyholders and support the insurance sector by lowering costs. The Group of Ministers (GoM) on GST recently
Emaar India — the Indian business entity of the Dubai-based realty major Emaar, famous for developing Burj Khalifa — is now entering the Mumbai market with an offering in Alibag. It will soon be launching its first ultra-luxury villa project — The Casa Venero — in Alibag, Maharashtra. The company has set up their sales
You invest your hard-earned money to meet various financial goals, be it for yourself or your loved ones. But what happens to these investments if you pass away suddenly? Who will get the benefit? Will your family members be able to claim these after your death? Such questions can worry you, as death is a
Lenders frequently require certain loan applicants to provide loan guarantors. This condition is typically imposed when there are uncertainties regarding the repayment ability of the primary borrowers and co-borrowers. Additional circumstances that may prompt lenders to request loan guarantors include insufficient credit scores of the primary applicants, a precarious employment situation, loan amounts that surpass
CGHS services revamp for government employees: Ahead of the Union Budget 2025, the Staff Side of the National Council Joint Consultative Machinery (NC JCM), representing millions of central government staff, has urged Finance Minister Nirmala Sitharaman to implement the recommendations of the Parliamentary Standing Committee on Petitions regarding Central Government Health Scheme (CGHS) facilities. The
The brokerage firm, Macquarie Capital Securities maintains its ‘Underperform’ rating on Zomato with a share price target of Rs 130 per share. According to them, Zomato’s share price has a very limited margin of safety due to a substantial rise in competition in quick-commerce. This is instrumental in denting the consensus forecasts. The brokerage added
Ahmedabad-based jewellery retailer Kabra Jewels made a stellar debut on the NSE Emerge platform, listing at Rs 243.2 per share, a strong 90% premium over its issue price. Kabra Jewels, a SME issue, opened its IPO on January 15, aiming to raise Rs 40 crore at a price band of Rs 121 to 128 per
The GIFT Nifty indicates that the BSE Sensex and NSE Nifty 50 are likely to open higher on Wednesday, January 22. Indian markets tumbled on Tuesday, January 21, as US President Donald Trump’s announcement of new trade tariffs and weak corporate earnings hit investor sentiment. The NSE Nifty 50 fell 291.70 points (1.25%) to 23,053.05
