Net interest margins (NIMs), or core profitability from banking operations, have lately come under pressure at top Indian private sector lenders which, in the absence of robust growth in retail credit, leaned on low-yielding corporate loans to drive business in the June quarter.
The Pension Fund Regulatory and Development Authority’s Atal Pension Yojana aims to provide pension cover for the poor, underprivileged, and unorganised sector workers. The government initiative seeks to create a universal social security system for all Indians under the broader National Pension System (NPS) umbrella. Today we answer the most frequently asked questions about eligibility…
Shares of IC Electricals made a blockbuster D-Street debut on Friday, listing at a 68% premium over the IPO price. The stock opened at Rs 166 apiece on the NSE SME platform, compared with its issue price of Rs 99. The debut exceeded unlisted market expectations. Ahead of the listing, the company’s shares were commanding…
The shares of condom-maker Cupid jumped another 2% on Wednesday, extending gains for the fourth consecutive session and rising 19% this month so far after the company released its provisional business update for the April-June quarter of FY27. Cupid shares hit a fresh 52-week high of Rs 226 apiece on NSE on Wednesday morning. The…
The shares of Aequs extended sharp gains for the third consecutive session on Thursday, rallying more than 18% during the gaining streak to hit a lifetime high today as bullish brokerage calls boosted investor sentiment for the smallcap aerospace player. Aequs shares jumped 7% today, hitting a record high of Rs 274.39 apiece. The sharp…
The due date to file income tax return (ITR) for most individual taxpayers is July 31, 2026. If you miss the deadline, filing your tax return later could cost you more than you expect, especially if you have unpaid taxes. In such cases, taxpayers are required to pay a late fee while submitting a belated…
In the Nifty500 pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on July 16, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. Traders use the 200 DMA as a…