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West Bengal Chief Minister Suvendu Adhikari on Wednesday announced the eligibility criteria for the state’s Annapurna scheme, under which eligible women aged 25 to 60 will receive a monthly assistance of ₹3,000, and said payments to beneficiaries would begin from August 17. Adhikari said women earning more than ₹10,000 a month or belonging to families…
Freelancing offers independence, flexibility, and the freedom to develop a variety of skills while opening up additional avenues for earning money. But that freedom also brings financial and operational risks that salaried employees typically do not face. For freelancers and gig workers, moving away from the security of a fixed monthly salary can be liberating….
Active versus passive investing is a long-running debate among mutual fund investors. While active funds aim to beat their benchmarks through stock selection, passive funds seek to replicate an index at a relatively low cost. But does paying for active management actually improve an investor’s chances of earning higher returns? Apurv Gupta, Founder & CEO,…
Borrowing today isn’t just about covering a cash shortfall; it’s become a deliberate part of financial planning. People take loans for many reasons: to buy a home or vehicle, to invest in a business, or simply to enjoy aspirational purchases without liquidating investments. Increasingly, borrowers weigh the opportunity cost of selling long-term investments against the…
The demand to increase the minimum pension under the Employees’ Pension Scheme (EPS), 1995, from ₹1,000 to ₹7,500 has once again come into focus after the issue was raised in the Lok Sabha on 10 August. However, the government has not announced any increase in the minimum pension or indicated that the ₹7,500 demand has…
NRE, NRO and FCNR accounts are designed to help non-resident Indians manage income earned abroad, maintain funds in India and hold foreign currency deposits, respectively. While all three are popular banking options for NRIs, they serve different purposes, hence, comes with different tax rules. FCNR deposits have been making headlines recently after the government unveiled…
Shares of KRN Heat Exchanger and Refrigeration hit a 5% upper circuit at Rs 1,398.80 on the BSE on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by robust demand across both domestic and international markets. The company’s consolidated revenue from operations for the June quarter more than doubled, surging 118.9%…
Global brokerage UBS upgraded Multi Commodity Exchange of India (MCX) to a Buy rating from Neutral, raising its 12-month price target to Rs 3,800 from Rs 3,600. The upgrade follows a recent 15% price correction from its May peak, which UBS noted leaves the stock trading at an attractive valuation of 40x 12-month forward price-to-earning,…
Lenskart Solutions acquired Barcelona-based sunglasses maker Meller in 2025 to strengthen its premium and fashion eyewear portfolio. A year later, global brokerage Jefferies dubbed the subsidiary a potential ‘Ray-Ban of the future’ following its strong performance in the June quarter. In its shareholders’ letter, Lenskart’s founders said Meller, which was a $35 million brand and…
A property buyer who purchased an immovable property for ₹6.5 crore despite its stamp-duty value being ₹8.85 crore has won relief from the Income Tax Department after the Income Tax Appellate Tribunal (ITAT), Mumbai ruled that a higher stamp-duty valuation alone cannot establish unexplained investment. According to a report by ET Wealth, the case relates…