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The combined market valuation of four of the top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel taking the biggest hit, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 468.42 points, or 0.60 per cent, and the NSE Nifty dipped 114 points, or 0.46…
Foreign Portfolio Investors (FPIs) have accelerated buying in Indian equities this month, infusing Rs 23,544 crore so far in August as improving quarterly earnings, a stable rupee and better market prospects lift sentiment. The inflow comes after FPIs invested Rs 20,200 crore in July, marking a sharp turnaround from four consecutive months of heavy selling…
The SPARSH (System for Pension Administration–RAKSHA) provides defence pensioners a comfortable and convenient way to check their pension entitlements and information online. This platform provides a transparent, crisp view of pensioner details and maintains key information related to an individual pensioner’s defence account, from the commencement of the pension to subsequent improvements, revisions, and payments….
The question of whether it is better to buy a home or continue renting remains a major financial decision for many Indians. While renting offers flexibility and can reduce the immediate financial burden of home ownership, buying a house is often viewed as a long-term investment. Real estate developer and Hiranandani Group founder Niranjan Hiranandani…
If your bank has charged you an incorrect fee, deducted money without your authorisation or failed to resolve an unauthorised transaction, you do not have to simply accept the loss. Every bank has a formal grievance redressal process that customers can use to report such issues and seek a reversal or refund. A bank customer…
For parents looking to build a long-term fund for their daughter, the Sukanya Samriddhi Yojana (SSY) offers a government-backed savings option with the benefit of annual compounding. The scheme currently carries an 8.2% annual interest rate, with rates reviewed by the government every quarter. That is why it is essential for aspiring investors to understand…
Many non-resident Indians (NRIs) send money to their parents in India, but even genuine family remittances can attract scrutiny from the income tax department if the transaction is not properly documented. A large transfer into a parent’s bank account could prompt questions about the source and nature of the money. This instance was highlighted by…
Do you have ₹5 lakh to park safely for five years? Have you devised a strategy to invest these funds? What is your long-term strategy to build a meaningful corpus out of these investments? It is vital for aspiring investors to answer these questions before making any investments. Furthermore, to help investors accomplish their objectives,…
If you plan on switching jobs or careers, it does not necessarily mean your EPF savings and interest earnings have to stop. What happens to your existing balance and future contributions depends on the type of employment you move into. Whether you switch to another salaried job, become self-employed or move to an establishment with…
The 8th Pay Commission completed nine months on 3 August, i.e., half of its allocated time. Soon it will have completed ten months since its constitution. It was constituted on 3 November 2025 and was given 18 months by the Union Cabinet to draft recommendations on salary revisions, allowances, and other related aspects and to…