Apni Party leader Ghulam Hassan Mir urged the J&K govt to hike monthly pension to benefit the elderly, orphans and widows, as per a report. He also called for release of pending payments reportedly not received by beneficiaries over the past four months.
Shares of CEAT sharply plunged more than 9% on Friday after the tyre-maker reported a whopping 96% year-on-year (YoY) decline in its consolidated net profit to Rs 4 crore for the April-June quarter of FY27. The shares of the company plunged to Rs 3,471.10 apiece on NSE on Friday. If the stock manages to hold…
Large-cap mutual funds witnessed net outflows for the second consecutive month in August 2026, even as the category recorded net inflows during the first six months of the year. Meanwhile, mid-cap and small-cap funds attracted higher inflows, suggesting that people have not stopped investing in equity funds. According to the Association of Mutual Funds in…
The Reserve Bank of India (RBI) has proposed clearer rules for banks and non-banking financial companies (NBFCs) on loan spreads and annual percentage rates (APR) to enhance transparency in borrowing. The draft aims for a unified framework by 1 April 2027, allowing better comparison of loan costs, including a ceiling on APR for small loans…
Investors choosing small-cap mutual funds may look at how closely a scheme’s portfolio resembles its benchmark to understand its investment strategy. But a comparison of all small-cap funds by Value Research shows that a higher portfolio overlap did not necessarily translate into better returns over the past year. Axis Small Cap Fund had the highest…
The next Dearness Allowance (DA) hike in July may raise the allowance for central government employees from 60% to 64%, based on the latest Consumer Price Index for Industrial Workers (AICPI-IW) data, an Economic Times article noted. However, the numbers are still an estimate as the government has yet to announce the final rate. Meanwhile,…
Income-tax returns: The income-tax department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) online forms for financial year 2025-26 i.e. assessment year 2026-27 and notified all ITR forms 1-5 for this tax year (FY26 / AY27). Notably, availability of excel utility means that you can prepare your returns offline before…