Gold futures in India fell nearly 0.25% on Wednesday, while silver futures declined 0.70%. Retail prices varied across major cities, with jewellers potentially adding taxes and making charges.
Household appliances maker LG Electronics India reported a marginal 27.2 % year-on-year rise in profit after tax (PAT) at Rs 653 crore for the first quarter of FY27 (Q1FY27), compared with Rs 513 crore reported in the same quarter of the previous fiscal year. The company’s revenue from operations for the quarter stood at Rs…
Hero Motors, an auto components and advanced mobility manufacturer, has fixed the price band for its Rs 1,000-crore IPO at Rs 79 to Rs 84 per share, valuing the company at Rs 3,815 crore at the upper end of the band. Hero Motors IPO details The public offer will open for subscription on Wednesday, September…
Shares of Thermax tumbled as much as 16% to an intraday low of Rs 3,567 on the BSE on Friday after the company reported an 86% year-on-year decline in net profit to Rs 22 crore for the first quarter of FY27. The sharp drop in earnings was largely due to a one-time project cost overrun…
What maternity features should one look for in a family health plan? This was a query posed by a 31-year-old man who was planning to start a family with his 29-year-old wife within a year and is currently relying on my employer’s group health cover. Prioritising financial planning over family planning is a thoughtful decision,…
Indian equities have been showing an interesting divergence—midcap and smallcap indices are at fresh record highs, even as the broader market remains in consolidation mode. Stronger earnings momentum and steady domestic flows have supported SMIDs, but rising valuations are making stock selection and valuation discipline increasingly important. Manish Kumar, Chief Investment Officer at ICICI Prudential…
August is set to bring a series of financial and banking-related changes that may affect consumers across the country, including taxpayers, bank account holders, and railway passengers. This month will see updates to certain banking rules, the implementation of CKYC 2.0, RBI monetary policy decision and other regulatory changes. In addition to these rule changes,…