In the wake of increasing demand for luxury residences following the pandemic, the latest ANAROCK data reveals unprecedented new launches and sales of high-end properties in the top seven cities. During the first half of fiscal year 2025, the average price of homes sold in these urban areas reached Rs 1.23 crore, compared to Rs
Getting a loan for the first time can be a bit daunting, as there are many factors to take into account, such as eligibility, interest rates, credit duration, documents required for loan processing and many other things. There are different types of loans available to suit various needs of borrowers. These include personal loans, home
The recent surge in demand for ultra-luxury homes is intricately linked to the increasing global wealth, especially noted in the Asia-Pacific regions. This rise in high-net-worth individuals is not just influencing real estate as an investment but also as a lifestyle choice, reflecting their personal success and stature. In 2023, the wealth of these individuals
For the past sixty years, the Central Government Health Scheme has been delivering extensive medical care to Central Government employees and pensioners who are registered under the CGHS scheme. CGHS effectively addresses the healthcare requirements of eligible beneficiaries across all four pillars of India’s democratic framework: the Legislature, Judiciary, Executive, and Press. It serves as
The Income Tax (I-T) Department has set up a Taxpayers’ Lounge at the India International Trade Fair (IITF) 2024, held at Pragati Maidan, New Delhi, from November 14-27, 2024. The Taxpayers’ Lounge has bee set up to educate and assist the public in understanding tax services and responsibilities, making tax-related processes more accessible and user-friendly.
Gold has always been a preferred investment avenue as it holds cultural and financial significance in India. Recently, gold prices have started to decline, attracting investors’ attention. The fall in prices raises an important question—should you buy now or wait? Gold prices depend on various factors. Global economic trends, interest rates, and currency movements play
The Employees’ State Insurance Corporation (ESIC) has reported a significant increase in new enrolments for the month of September 2024, with 20.58 lakh new workers joining the ESI Scheme. This marks a 9% year-on-year growth, highlighting the scheme’s expanding reach and social security coverage for workers across India. In September 2024, the total number of
Old Pension Scheme: Thousands of employees from the Centre, states and Union Territories (UTs) gathered at Jantar Mantar in the national capital for a massive rally on November 17, demanding the restoration of the Old Pension Scheme (OPS) and the abolition of the National Pension System (NPS). There are around 60 lakh government employees covered
Telecom major Bharti Airtel announced that it has transferred 69.94 per cent shareholding in Airtel Payments Bank to its wholly owned subsidiary, Airtel Limited as part of an internal re-organisation of shareholding. In a regulatory filing, the company said, “This is to inform you that the shareholding of 69.94%, held by Bharti Airtel Limited (the
The rough ride for the IndusInd Bank share price continues. After the almost 27% cut on March 11, the stock has opened down another 7%. However it soon recovered some loses and is hovering near the 52-week lows. The stock is now down 31% so far in 2025 and has wiped out close to Rs
It’s raining orders for RVNL. The share price of RVNL rose 3.4% to the day’s high of Rs 342 after the company bagged Rs 554.64 crore contract from NHAI. The total period to execute the order is 730 days or a little over 2 years. “It is hereby informed that Rail Vikas Nigam emerges as
The state-owned NMDC is back with more good news. The country’s largest iron ore producer is set to announce its first interim dividend for FY25, adding to its history of shareholder friendly moves. Here are five key things to know: Dividend announcement date set NMDC has scheduled a board meeting on March 17, 2025, to
Diversification, being one of the fundamental tenets of investing, is often a top priority when investing in mutual funds. The primary objective is to minimise the risk during volatile market conditions and earn better risk-adjusted returns in the long run. However, does merely holding multiple mutual fund schemes guarantee effective diversification? Many investors, in the
