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Shares of Bajaj Finance and Bajaj Finserv fell as much as 5% on the BSE on Friday after the Reserve Bank of India (RBI) proposed restricting NBFCs to offering only term loans, effectively barring them from providing revolving credit facilities. This restriction, however, will not apply to NBFCs already authorised to issue credit cards, the…
Shares of Siemens Energy India surged 7.36% to Rs 3,491.40 in Friday’s trading session after the company reported a robust performance for the June 2026 quarter, with net profit rising 68% year-on-year and revenue growth of nearly 40%. The strong quarterly numbers prompted brokerage firm Motilal Oswal to retain its Buy rating on the stock…
Shares of Tata Group’s apparel arm, Trent, declined 3% to hit an intraday low of Rs 3,028 on the BSE on Friday after the company reported a 21% year-on-year (YoY) increase in consolidated net profit to Rs 519 crore for the quarter ended June. The company had posted a consolidated net profit of Rs 430…
The 8th Pay Commission is all set to begin its stakeholder meetings in New Delhi from today. These meetings will conclude on 10 August and mark another extremely important phase in the panel’s ongoing nationwide exercise to gather feedback from employees, pensioners, associations, unions, and other stakeholders. Furthermore, it is vital to keep in mind…
Shares of Ola Electric Mobility have jumped 31% in six months and have nearly doubled from March low, with analysts highlighting that the near-term sentiment has improved but caution is still warranted. Ola Electric shares gained around 10% in a week but fell over 2% in a month, trading at around Rs 41 apiece. The…
The shares of Britannia Industries gained 4% to Rs 5,652 on the BSE on Friday after the FMCG major reported a more than 14% year-on-year rise in consolidated net profit to Rs 593 crore for the April-June quarter of the ongoing financial year 2027, with brokerages maintaining their ‘Buy’ calls for the stock. The company…
Shares of Life Insurance Corporation of India (LIC) gained 2.5% to Rs 397 on the BSE on Friday after the state-owned insurer reported a 23% year-on-year (YoY) rise in standalone net profit to Rs 13,492 crore for the quarter ended June. The company had posted a profit of Rs 10,986 crore in the corresponding quarter…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Friday, 7 August, amid hopes of peace in the Middle East. In the international markets, gold prices registered their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key US nonfarm payrolls data for clues…
If you have an income tax payment due and are short of immediate cash, using a credit card may seem like a convenient option. The income tax department allows taxpayers to use this mode of payment on the e-filing portal. You can clear certain income tax liabilities, including advance tax, self-assessment tax and outstanding demand,…
The Employees’ Provident Fund Organisation (EPFO) has settled more than 8.3 crore claims during FY 2025-26, an increase from the previous fiscal year. The government has also informed Parliament that it has eliminated the requirement to upload an image of a cancelled cheque or an attested bank passbook when filing and submitting claims. This, the…