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How portability works To port your policy, you need to apply at least 40-60 days before the policy is due for renewal. The new insurer is required to obtain policy details from the existing insurer through the Insurance Information Bureau of India (IIB), an insurance data repository promoted by the Insurance Regulatory and Development Authority…
As many as 573 companies are set to announce their earnings for the April-June quarter (Q1 FY27) this week, with notable names including Westside and Zudio-parent Trent, public lender SBI, ecommerce major Nykaa, telecom giant Bharti Airtel, Titan and others. These companies will announce their first quarter earnings between August 3 (Monday) and August 8…
Nuvama Institutional Equities has initiated coverage on three key Indian textile players, KPR Mill, Indo Count Industries, and Sanathan Textiles, citing the ongoing shift in global sourcing away from China. The brokerage has assigned ‘Buy’ ratings to all three stocks, with upside potential of up to 35%. According to Nuvama’s thematic report titled ‘Textiles –…
Space stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital broadband, communications, defence applications and other space-enabled services, although high valuations and extreme volatility could make the investment journey uneven, according to a research report by Goldman Sachs. The research report noted that opportunities may increasingly emerge…
A delay by a builder in handing over a residential property cannot, by itself, deprive a taxpayer of the capital gains exemption available under Section 54F of the Income-tax Act, the Telangana High Court has ruled. In a judgment delivered on July 8, 2026, the High Court held that a taxpayer who has invested capital…
The benchmark equity markets in India have underperformed due to the ongoing US-Iran and Russia-Ukraine wars. The Russia-Ukraine war is now more than 4 years old. These factors have resulted in the disruption of supply chains, the escalation of international disputes, and the rise in inflation and oil and commodity prices. In this backdrop, for…
Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it’s fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.
The July 31 income tax return (ITR) filing deadline may be over, but taxpayers should not assume that their compliance journey has ended. The income tax department may send notices after submission of ITR for reasons such as mismatch income details, unreported interest or capital gains, incorrect deductions, and other such discrepancies. Receiving an income…
The Reserve Bank of India (RBI) has overhauled the rules governing how banks offer and disclose deposit interest rates, with the revised framework set to take effect from October 1. Although the changes are unlikely to alter returns on retail fixed deposits overnight, they are expected to make FD pricing more transparent for customers while…
United States-based millennial investor Todd Baldwin achieved millionaire status in his 30s by employing an investment strategy that combined earnings from his real estate and equity investments, according to a report by the Business Insider. According to an article by Zillow, house hacking is the practice of renting a part of your own residence to…