10 smallcap stocks zoom up to 235% in 1 year; 8 turn multibaggers! Own any?
The stock market’s strongest performers can often reveal where investor interest and momentum have been concentrated.
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A ₹1.5 crore flat rents out for ₹40,000 a month. Sit with that number for a second. It may sound surprising, but that simple calculation raises an important question: does buying a house always make financial sense? While homeownership is often seen as a major life milestone, the numbers don’t always support the decision—especially if…
Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme
NEW DELHI: The government may keep an outlay of Rs 7,500 crore under the production linked incentive scheme for IT hardware products like personal computers, laptops, tablets and servers, according to a source aware of the development. Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years,…
India’s bond market performed well, equities to become attractive again: RBI’s Poonam Gupta
As the US bond yields rose to their highest level in 22 years, India’s bond market has also performed well in recent years, both compared to its past performance and in comparison with most other countries, the Reserve Bank of India’s (RBI) Deputy Governor Poonam Gupta has said. In the RBI’s September Bulletin, she said…
NRI buys ₹79 lakh Mumbai flat using NRE funds, gets ‘unexplained cash’ tax notice; here’s what happened next
A non-resident Indian (NRI) and US citizen, who has been living in America since April 2002, received an income tax notice over the source of funds used to purchase a residential flat in Kandivali West, Mumbai. He booked the property in 2011 for a consideration of ₹79.9 lakh from a Mumbai-based builder. The sale agreement…
Concurrent Gainers: 15 stocks gain for 5 days in a row
Over the five trading sessions ended October 16, the Sensex gained 3.11%, or 2,257 points, to close at 74,729. The benchmark index closed higher in three of the five sessions between October 12 and 16. Amid the broader market rally, around 22 BSE 500 stocks advanced in each of the five consecutive trading sessions. Of…
How do Fed rates impact the Indian markets and your money?
The attention reflects the US dollar’s central role in the global financial system. As the world’s most widely used currency for trade, commerce and central bank reserves, movements in US interest rates ripple across global markets. Those effects eventually reach India, influencing the rupee, stock and bond markets, borrowing costs and, ultimately, your investments and…
