Systematic Investment Plans (SIPs) in mutual funds are among the popular routes for creating long-term wealth. Through an SIP, investors put a fixed amount into a mutual fund at regular intervals, generally every month
Shares of Life Insurance Corporation of India (LIC) gained 2.5% to Rs 397 on the BSE on Friday after the state-owned insurer reported a 23% year-on-year (YoY) rise in standalone net profit to Rs 13,492 crore for the quarter ended June. The company had posted a profit of Rs 10,986 crore in the corresponding quarter…
Ather Energy‘s share price rallied 5.80% to Rs 1,271.80 during Wednesday’s trading session after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the electric two-wheeler manufacturer, reinforcing its long-term commitment to the EV company. According to the company’s regulatory filing, the Committee of Directors (COD) of Hero MotoCorp, at its…
The income tax department has introduced a mandatory secondary address field (if applicable) across all income tax return forms for AY 2026-27, making it one of the most notable changes in this year’s filing process. This means taxpayers filing ITR for financial year 2025-26 will have to furnish an additional communication address, in addition to…
Mumbai: Hardening overseas rates, tough competition and strong client demand is forcing banks to tweak their FCNR (B) offerings to attract maximum dollars as banks get into the busy season of the special scheme. ICICI Bank and HDFC Bank, two of the largest private sector banks have both hiked a section of their FCNR (B)…
Members of the Employees’ Provident Fund Organisation (EPFO) must ensure that they upload a recent profile photo on the Unified Member Portal to complete e-nominations and facilitate online claim settlements. The profile photo is a part of an individual’s digital records and is used during the online verification process. While uploading a profile photo is…
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case. The DB Realty stock has risen 40%, while Unitech gained 4%. However, some of the intrinsic problems which plague these companies, and uncertainty over the outcome of the 2G scam case may prevent…