Banking And Finance
Rs 10,000 in PPF or SIP? Which builds more wealth in 10 years
For many Indian savers, the first serious investment decision often begins with a familiar dilemma, i.e., should the money go into a safe, government-backed scheme or into the stock market…
Still think rural women aren’t financially savvy? See how they manage money
For years, financial decisions in many rural households were often seen as a male responsibility. But that picture is slowly changing. Across rural and semi-urban parts of the country, ,…
I have Rs 50,000. Should I open a shop or invest in financial assets?
You’ve saved Rs 50,000. It didn’t happen overnight. Maybe it’s a bonus, maybe years of careful saving. Now comes the bigger question, i.e., do you turn it into a small…
EPFO interest stays at 8.25%: Why has the rate not increased this year?
The board of the Employees’ Provident Fund Organisation (EPFO) has decided to keep the . For millions of salaried employees, the obvious question is simple, i.e., why hasn’t the rate…
Market
Indian stock market: Gift Nifty tumbles 350 points amid escalating US-Iran conflict; Brent crude hovers near 2-year high
The Gift Nifty is trading 350 points lower in late trading on Thursday, 5 March, indicating that markets could resume their losing streak when trading opens on Friday, 6 March.…
Broadcom stock rallies 6% on upbeat earnings; AI chip sales expected to hit $100 billion by 2027
Shares of heavyweight chipmaker jumped 6% in Thursday’s trade, reaching the day’s high of $336.12 per share, even as key Wall Street averages were trading with losses. The rally in…
Rupee makes smart recovery from previous days lows
Rupee made a smart recovery on Thursday after tanking to close at a record low the previous day on heavy RBI intervention in the forex market. Rupee closed 55 paise…
Wealth Company MF launches Small Cap NFO
The Wealth Company Mutual Fund has launched new fund offer (NFO) of Small Cap Fund. It is structured to identify and invest in high-growth businesses within the small-cap universe. The…
Market
Meta rakes it in, yet still borrows billions for AI
Meta Platforms looks like a money-printing machine. So why has it been loading up on billions of dollars in debt to pay for its new data centers? It turns out…
WhatsApp tells Supreme Court it will comply with CCI directions on user consent by 16 March
WhatsApp told the Supreme Court on Monday that it will fully comply with the Competition Commission of India’s (CCI) directions relating to user consent for sharing data with parent company…
HAL addresses LCA Tejas ‘accident’, works with Air Force for resolution – Here’s what the PSU said
Hindustan Aeronautics Limited (HAL) addressed reports on Monday, 23 February, and clarified that there was no crash of the LCA Tejas, only a minor technical incident, the state-owned firm informed…
Hillhouse Investment acquires minority stake in Singapore-based Quest Global
MUMBAI: Hillhouse Investment has acquired a minority stake in Quest Global, an engineering services company in Singapore, in a mix of primary and secondary share purchases, the companies said in…
Axis
