Can a ₹2,000 monthly SIP really make you a crorepati? Let’s do the maths
Investing just ₹2,000 every month—an amount many people spend on leisure activities or eating out—can potentially grow into a corpus of more than ₹1 crore.
Investing just ₹2,000 every month—an amount many people spend on leisure activities or eating out—can potentially grow into a corpus of more than ₹1 crore.
Mutual fund managers reshuffled portfolios within blue-chip stocks in July, increasing exposure to select IT, auto and pharmaceutical names. Fund houses bought financial services plays including NBFCs and private sector lenders. Read more: Which sectors attracted mutual fund interest in July? Check details At the same time, they pared holdings in PSU names such as…
8th pay commission: The 8th pay commission is conducting multiple state visits and meetings with employee representative groups, unions and stakeholders to gather views ahead of its own recommendations on pay hikes, allowances, salary structure, and other factors. Constituted every 10 years, the panel is expected to announce its final recommendations by mid-2027. Beneficiaries include…
India’s retirement savings may not be enough to maintain the standard of living many workers have during their working years. Pension Fund Regulatory and Development Authority (PFRDA) chairman S. Ramann said India’s retirement-income replacement rate is currently around 35–40%, well below the roughly 60% level considered globally. The comments, reported by The Hindu following an…
Central government employees and pensioners are likely to receive a 3% Dearness Allowance (DA) hike starting July. This hike is projected based on the current inflation trend. Given that the projections have raised hopes among lakhs of serving central government employees and pensioners, the final increase will still depend on the June 2026 All India…
Apple Inc. lost an early round in a discrimination lawsuit brought in the U.S. by a female engineer from India who says her two managers — one from her country, the other from Pakistan — treated her as they would in their own countries: as a subservient. The woman’s case in California state court is…
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. Following the usual timelines, the 8th pay commission (CPC) is expected to announce its final recommendations 18 months after being formed, by mid-2027. The announcement will…