Banking And Finance
Why affordable housing demand is slowing down in India
Affordable housing was once seen as the answer to India’s urban housing challenge. For millions of families, it represented the hope of owning a home within reach of their budgets.…
Tax on gold jewellery? Here’s all you need to know
If you’ve inherited gold jewellery from your parents, you may be wondering whether it attracts income tax. The good news is that simply receiving gold as inheritance is not treated…
Backpacking on a budget: Smart forex tips for young travellers
For young backpackers, the thrill of discovering new countries often begins with budget planning. Flights, hostels, and food usually take centre stage, but one detail that many overlook is foreign…
The PF problem: Why so many employees struggle to access their own money
For most salaried Indians, the Employees’ Provident Fund (EPF) is more than just a saving, it is a safety net built over decades of work. But new data shows a…
Market
Dev Accelerator IPO draws robust demand, subscribed 4x so far on Day 1
received a robust response on the first day of bidding, driven by heavy participation across categories. The initial share sale received bids for 5,16,41,250 shares against 1,31,47,075 shares on offer,…
IT stocks soar: OFSS, Persistent and others gain up to 10% as US Fed rate-cut hopes rise
Domestic tech stocks continued to trade higher for the second session on Wednesday, with stocks such as Oracle Financial Services, Persistent Systems, Coforge, and Mphasis gaining between 4% and 10%,…
Auto stocks accelerate 12% post GST 2.0 announcement
The GST 2.0 has emerged as a major sentiment booster for the auto sector, with sweeping tax cuts on small cars, SUVs, two-wheelers, tractors and auto components directly translating into…
IT rally sustains momentum as markets trade higher amid continued FII support
maintained their positive trajectory in the afternoon session on Wednesday, with benchmark indices trading higher as information technology stocks continued their rally and foreign institutional investors extended their buying streak…
Market
Infosys founder NR Narayana Murthy turned down Air India job offer and joined IIM-A at half the salary; here’s why
Today Infosys co-founder NR Narayana Murthy visited his first job site, the Indian Institute of Management, Ahmedabad (IIM-A), as the chief guest for the institute’s 58th convocation ceremony. Murthy had…
Job vacancies in BFSI broke all records in March 2023 amid ongoing turmoil, shows report
Amid all the crises banking industry has been going through in the recent past, job vacancies in the BFSI sector broke all records, showed Naukri.com’s latest jobspeak trend report as…
Adani got coal mine by competing against a firm mentioned by Hindenburg: Report
Even as Adani Group continues to battle the fallout of US short seller Hindenburg’s allegations, the conglomerate getting a coal mine at an auction has come under the scanner on…
Vedanta has $3 bn debt servicing obligations in FY24, says S&P in latest bulletin
Mining mogul Anil Agarwal-led Vedanta Resources Ltd will likely have enough liquidity until December 2023, rating agency S&P Global Ratings said on Monday. The natural resources group has debt servicing…
