Mumbai: Non-banking finance companies’ (NBFCs) on bank borrowings is likely to rise in FY27 due to lower interest rates, a rating agency said on Wednesday. The share of bank borrowings,…
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₹5,000 SIP: regular vs step-up, how a small tweak can add lakhs to your corpus
A small habit today can transform your life quietly and decide whether you retire with ₹1.7 crore or over ₹2 crore? That is the real power of sensible SIP investing…
You can accumulate ₹55.88 crore by initial savings of ₹30 a day
How to become crorepati: Genius doesn’t do different things; they do things differently. Similarly, a smart investor becomes a millionaire or a billionaire by investing wisely. For example, if a…
Transfer tax on shares, mutual funds: When it is tax-free and when it is not – explained
Investors are allowed to transfer equity shares or to family members, but the tax treatment differs from that for transfers to non-family members. In general, asset transfers in India, such…
LIC share price gains 5% after board approves 1:1 bonus issue; up over 15% in April
(LIC) saw its shares spike 5% in Wednesday’s intraday deals, reaching a five-week high of ₹841.30 apiece after the company approved a 1:1 bonus issue. Today’s rally also marked the…
Massive boost for PSU banks! Supreme Court closes Sterling Biotech case with ₹9,800 crore recovery
In a significant development for India’s banking sector, the Supreme Court of India has brought the long-running Sterling Biotech case to a close after a total recovery of around ₹9,800…
3,700% return in five years! Small-cap stock hits upper circuit following positive sentiments on Dalal Street
Small-cap stock hit the 5% upper circuit in Wednesday’s trading session following a sharp surge in the Indian stock market. The small-cap stock opened at ₹39.11 today, as compared to…
Can crude oil volatility, El Niño fears derail Indian economy’s growth momentum? What should investors do?
At a time when crude oil price volatility stemming from the US-Iran war has raised uncertainties about the Indian economy, reports suggesting the impact of El Niño on monsoon have…
HDFC Bank, SBI to Urban Company: Here’s what mutual funds bought and sold the most amid stock market crash in March
Signalling a preference for disciplined and long-term equity investing, retail and high-net worth (HNI) investors bought the dip in March as flows into equity-oriented mutual funds jumped to an eight-month…
DA hike update: Central government staff to protest on April 16
The wait for the next dearness allowance (DA) hike is getting longer, and patience among central government employees seems to be running thin. For the first time in many years,…