Banking And Finance
Gifting property to your spouse? The taxman is watching now
NEW DELHI: Gift a house or flat to your spouse to save tax, and the Income Tax Department may now know about it. Starting this year, property sub-registrars must report…
EPFO 3.0: From PF withdrawal categories and pension to UPI-based fund access, here are 10 key things to know
The Employees’ Provident Fund Organisation (EPFO) will soon launch EPFO 3.0, a major change and upgrade that will focus on bringing core banking-like effectiveness, efficiency and clarity in the EPFO…
Is diversifying into real estate a good idea when your portfolio has 60% equity exposure?
At 40, after receiving a ₹75 lakh windfall and with an existing portfolio already tilted towards equity mutual funds (around 60%), would allocating to real estate make sense for long-term…
Is your KYC safe? 5 steps to check status and avoid mutual fund scams
In today’s rapidly evolving investment landscape, Know Your Customer (KYC) compliance is your first line of defence against fraud in mutual funds and other asset classes. Fraudsters often exploit outdated…
Market
Delta Air Lines shares climb over 11% even as carrier forecasts higher fuel costs in second quarter
Delta Air Lines Inc. shares climbed more than 11% in early session on Wednesday amid a broad rally for travel equities, even as the company issued a lower-than-anticipated profit forecast…
Intel shares jump 9.5% to near 5-year high after company joins Elon Musk’s Terafab project
The demand for Intel shares spiked on Wednesday, 8 April, with the stock gaining 9.5% to hit an intraday high of $57.92 apiece, extending its winning streak to a sixth…
Gold, silver rates today: Comex gold jumps $204/oz; silver gains $5.8 on safe-haven demand after US-Iran ceasefire
The temporary ceasefire in the Middle East has triggered renewed buying in precious metals, as the truce has kept expectations of global central bank rate cuts intact, prompting safe-haven investors…
Corporate governance must empower people, says Arundhati Bhattacharya
At an event where corporate governance was viewed through the lens of dharma, service and responsibility, Padma Shri awardee Arundhati Bhattacharya offered a grounded view: governance, she said, is about…
Market
Tata Trusts trustee Vijay Singh received over ₹20 crore as commission and fees from Tata companies
Tata Trusts trustee Vijay Singh is understood to have received a little over ₹20 crore as sitting fees and commission on the boards of various Tata group companies, including Tata…
Amazon denies reports of 14,000 layoffs planned for May: ‘…not based in fact’
Amazon has denied several media reports of a planned firing of 14,000 employees in May. On Wednesday, a report went viral claiming that after laying off 16,000 employees in January,…
PPFAS Asset Management gets PFRDA approval to launch pension fund under NPS
MUMBAI: PPFAS Asset Management Pvt. Ltd received approval from the Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday to become a sponsor for a pension fund under the National…
Hilton ties up with Royal Orchid Hotels to add 125 hotels
Hilton has signed a strategic licensing agreement with Royal Orchid Hotels to add 125 properties under Hampton by Hilton brand by 2035. This is third such agreement by Hilton in…
Axis
