IndiaFirst Life Insurance’s chief operating officer, Atri Chakraborty, cited three reasons: temporary liquidity requirements arising from medical emergencies; job losses, education expenses or changing financial priorities, and life-stage events such as retirement, debt repayment or major family milestones.
Choosing the right mutual fund is often seen as the key to successful investing. Investors compare past returns, fund managers and expense ratios before deciding where to put their money. However, according to wealth managers, the biggest threat to long-term returns often has little to do with fund selection. “A mediocre fund might cost you…
The Income-Tax Department has enabled Excel Utility for the ITR-5 and ITR-7 forms for taxpayers on its e-filing portal for financial year 2025-26 (FY26) i.e. assessment year 2026-27 (AY27). Notably, availability of excel utility means that you can prepare your returns offline before uploading them digitally. The authority had earlier also released Excel Utility for…
8th pay commission: Constituted every 10 years, pay commissions are expected to make decisions that significantly impact salaries of central government employees and pensioners, including railways and defence staff. As per usual timelines, the 8th pay commission is expected to announce its final recommendations within 18 months of being formed, by mid-2027. The move will…
Mumbai: Nifty 50 companies are expected to report year-on-year double digit revenue growth for the June 2026 quarter for the second consecutive quarter after a series of single digit growth in the prior six quarters. However, net profit growth is likely to remain in single digit for the third quarter in a row amid compressed…
TOKYO: Japan’s Nikkei share average fell in choppy trade on Wednesday, weighed down by technology stocks after the tech-heavy Nasdaq posted sharp overnight losses. The benchmark Nikkei was down 0.72% at 67,763,91, as of 0157 GMT, after flitting between a 1.66% drop and a 0.25% gain. The broader Topix index fell 0.62% to 4037.16. Technology…
Newgen Software Technologies shares surged 14.63% to Rs 541.65 during Friday’s trading session, riding a broad-based rally in the information technology sector. The stock gained alongside leading IT names as the Nifty IT index advanced more than 2%, supported by upbeat investor sentiment following Tata Consultancy Services‘ (TCS) better-than-expected first-quarter earnings. Among largecap IT stocks,…