The list of activities insurers consider adventure sports is more exhaustive than you might imagine. It includes speed boat rides, ATV or All Terrain Vehicle tours, tours in a personal light electric vehicle or a Segway tour, kayaking, water rafting, rock climbing, para-jumping, deep-sea diving, wildlife safari, and trekking at high altitudes above 2,000 metres/6,500 feet.
The central government has clarified its policy on the House Rent Allowance (HRA), categorically stating that both spouses cannot claim HRA if they are central government employees posted at the same station and one of them has already been allotted government accommodation. This clarification ends speculation over the applicability of HRA to serving central government…
Ather Energy shares rallied as much as 3% to their day’s high of Rs 1,625 on the BSE on Thursday after international brokerage Nomura raised the target price, believing that EV two-wheeler adoption is accelerating faster than expected. Nomura has a ‘Buy’ call on the shares of Ather Energy and raised its target price to…
Over the five trading sessions ending July 24, the Sensex declined 2.68%, or 2,092 points, to close at 76,059. The benchmark index finished lower in each of the five sessions (July 20–24). Despite the broader market weakness, 11 smallcap stocks bucked the trend, posting gains in all five trading sessions and delivering cumulative returns of…
Many non-resident Indians (NRIs) send money to their parents in India, but even genuine family remittances can attract scrutiny from the income tax department if the transaction is not properly documented. A large transfer into a parent’s bank account could prompt questions about the source and nature of the money. This instance was highlighted by…
The United States Federal Reserve Bank of Atlanta (Fed) in a survey report released on Monday, noted that a majority of firms that received refunds from Trump’s tariffs are keeping the cash, with the rest investing the funds in R&D, new capital projects, or to temporarily lower prices, and give bonuses to workers or managers….
Axis has picked 7 largecap stocks that have robust value after the sharp correction.