Showkat Kumar 
The Public Provident Fund (PPF) has been one of the popular investment options for investors looking for safety of their money, tax benefits and a decent return. Currently, the PPF offers 7.1% interest rate per annum. Unlike market-linked products such as mutual funds or stocks, which offer higher returns but come with higher risk, PPF … Read more
Accumulating a corpus of Rs 1 crore within a decade may appear to be an unattainable goal for numerous individuals; however, with dedication and regularity, it is indeed achievable. Various investment options are available to enhance your returns, yet one of the most effective methods for wealth accumulation over time is by utilizing a Systematic … Read more
Insights from FII positions FII’s positions in index futures have always come to the fore when either the longs or shorts go to extremes. But of late, they are rarely followed by serious market action partly due to lower positions held in the segment in toto or partly because of rise in retail positions. Or … Read more
Bajaj Housing Finance, a book-built issue of Rs 6,560 crore, is an NBFC registered with the National Housing Bank. The company is in the business of providing mortgage loans. The company opened its IPO to investors for raising capital on September 09. The issue got an overwhelming response making a record in India’s IPO history … Read more
The US Bureau of Labor Statistics has released the latest CPI data for August 2024. The annual inflation rate in the US slowed for a fifth consecutive month to 2.5% in August 2024, the lowest since February 2021, from 2.9% in July, and below forecasts of 2.6%. The Consumer Price Index for All Urban Consumers … Read more
Union Minister Rajiv Ranjan Singh said that the government will take steps to fortify the fishing sector’s foundation over the next five years, with a particular focus on raising annual seafood exports to Rs 1 lakh crore from roughly Rs 60,000 crore in the previous fiscal year on Wednesday. The minister pointed out that since … Read more
The 54th GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, was concluded on Monday with announcements like tax cuts on cancer drugs, helicopter travel, and snacks like namkeen. After the conclusion of the meeting, FM Nirmala Sitharaman said that the reduced rates will apply prospectively. Shivashish Karnani, Head of GST, at DPNC Global, said, “The council … Read more
Adani Airports Holdings Ltd (AAHL), a key player in the Adani Group which manages as many as seven airports across India, has introduced ‘aviio,’ a new digital platform designed to deliver real-time airport information. This innovative platform provides passengers with updates on various aspects of their journey, including wait times, gate changes, and baggage status. … Read more
GSB Seva Mandal’s Maha Ganapati, the richest in Mumbai, has been insured for a whopping Rs 400.58 crore, breaking last year’s record of a little above Rs 360 crore. Insurance coverage has also been secured for the famous Lalbaugcha Raja. And it is not just Ganpati pandals that are getting insurance
JSW Neo Energy Limited (JSW Neo), a wholly owned subsidiary of JSW Energy Limited on Tuesday announced that it has received a Letter of Award (LoA) for setting up 200 MW Wind-Solar Hybrid Power Project from Maharashtra State Electricity Distribution Company Limited (MSEDCL) against Tariff based Competitive Bid (MSEDCL – Phase III). The company said … Read more