A viral SIP myth is fooling investors. Here's why
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawed—and the flat market it cites is precisely when SIPs quietly do their best work.
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawed—and the flat market it cites is precisely when SIPs quietly do their best work.
The income tax department has introduced a mandatory secondary address field (if applicable) across all income tax return forms for AY 2026-27, making it one of the most notable changes in this year’s filing process. This means taxpayers filing ITR for financial year 2025-26 will have to furnish an additional communication address, in addition to…
TOKYO: Japan’s Nikkei share average fell in choppy trade on Wednesday, weighed down by technology stocks after the tech-heavy Nasdaq posted sharp overnight losses. The benchmark Nikkei was down 0.72% at 67,763,91, as of 0157 GMT, after flitting between a 1.66% drop and a 0.25% gain. The broader Topix index fell 0.62% to 4037.16. Technology…
Kolkata: NCDEX will launch futures trading in Guar Korma from July 24, offering exporters, processors and feed manufacturers a formal hedging instrument for a product that has so far lacked an organised price discovery mechanism. The exchange will introduce contracts with expiries from September 2026 to January 2027, with subsequent contracts to be launched as…
SBI Funds Management Ltd., a subsidiary of State Bank of India Ltd., on Thursday, July 9, announced a price band of Rs 545 to Rs 574 per share for its Rs 11,693 crore initial public offering (IPO), which will be the biggest public issue of 2026 so far. SBI Funds Management IPO schedule The anchor…
Kusumgar shares jumped another 10% after a stellar market debut, hitting an intraday high of Rs 631.35 on the BSE after listing at a nearly 37% premium to the IPO price. The stock debuted at Rs 574 on the BSE, a 36.99% premium to its issue price of Rs 419, while on the NSE it…
The 8th pay commission is seeking candidates for full and part-time consultant roles on a contractual basis. Eligible applicants can send in their entries through a form on the CPC’s website, according to the posted notice. It added that the vacancies are for a fixed period and require “high end services or for attending to…