This is not a blanket cost with some categories attracting a lower fee. Railways, telecom, insurance, credit card bills and fuel will attract a flat MDR of ₹5 for transactions above ₹2,000. Capital-market transactions, including mutual funds, securities and brokers, will attract an MDR of 0.02%. These, too, are capped at ₹300.
Shares of Entero Healthcare Solutions rallied as much as 6% to their day’s high of Rs 1,625 on the BSE on Tuesday after Prashant Jain-owned 3P Investment Managers acquired a 2.5% stake in the healthcare product distribution and supply chain platform through open market transactions on August 24. With today’s gain, the stock is up…
Shares of Physicswallah sharply surged around 5% on Wednesday morning after nearly 4.67 crore shares of the edtech platform worth around Rs 550 crore changed hands in a block deal. The shares were traded at Rs 117.72 per share as part of the block deal, marking around a 3% discount to the stock’s previous closing…
Saving ₹25,000 every month is a significant milestone; still, deciding where and how to invest it can be challenging. SIPs in mutual funds, direct stocks, fixed deposits, bonds, and other similar investment avenues can offer investors a wide range of options. Even then, the final investment decision should consider a combination of factors, including financial…
Shares of Finolex Cables gained over 10% to hit a 52-week high of Rs 1,375 on the BSE on Wednesday after the company reported strong financial results for the first quarter ended June 30, 2026. Finolex Cables reported a 52.6% year-on-year rise in consolidated net profit to Rs 208.2 crore in the June quarter, compared…
With the 31 July deadline for filing Income Tax Returns (ITR) for Assessment Year (AY) 2026-27 just about 15 days away, taxpayers must act quickly. Those investing in Sovereign Gold Bonds (SGBs) should pay particular attention to the limited time left. They need to ensure that income from these investments is reported accurately and taxes…
The Employees’ Provident Fund Organisation (EPFO) has moved its entire member database to a centralised platform under the Centralised IT Enabled Services (CITES) project, Union Labour and Employment Minister Mansukh Mandaviya said on Wednesday. The move is aimed at making EPFO services faster, transparent and user-friendly. According to Mandaviya, the CITES project modernises EPFO’s service…