SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Investment / Business Today

Mother's Day: 6 steps for financial freedom for working, stay-at-home moms in 2024

Mothers are best managers. She is good at juggling family, work, and responsibilities. Here are some quick financial tips for working and stay-at-home mothers.

11 May 2024 5:36 pm
ITR filing: I-T dept introduces 3 utilities for filing ITR form 3 for AY 2024-25. Check details.

The three utilities can be downloaded from the e-filing ITR portal in the 'Downloads' section. Each utility includes fillable tabs to create an updated file for uploading.

11 May 2024 5:12 pm
Atal Pension Yojana: Now, these CRAs can help you open an APY account. Check details

Under the new framework, APY subscribers can select their preferred CRA from CAMS, KFin, and Protean eGov Technologies for the initiation and upkeep of their accounts.

11 May 2024 4:43 pm
EPF tips: Changing jobs? Here's how to merge multiple EPF accounts in your UAN

Once the claim form is submitted, it goes to the employer selected for approval, after which it will go to the concerned field office.

11 May 2024 1:23 pm
Cards this week: These SBI credit cards will not offer rewards on govt payments from June 1

The affected SBI credit cards encompass a wide spectrum, including premium products as well as cards designed for particular customer segments.

11 May 2024 1:09 pm
Akshaya Tritiya 2024: Quick commerce platforms report a busy day, say 500% surge in sales

To mark the occasion of Akshaya Tritiya, quick commerce platforms like Blinkit, Swiggy Instamart, bigbasket, and Zepto tied up with jewellery brands to deliver gold and silver coin within 10 minutes.

11 May 2024 11:31 am
Punjab National Bank: Inactive bank accounts will be closedfromJune1. Check details

The public sector bank has said that it will close accounts with no activity for the past three years and no balance, unless the Know Your Customer (KYC) process is completed by May 31, 2024.

11 May 2024 10:09 am
ITR Filing 2024: How can salaried employees download Form 16, 16A and 27D from TRACES website?

ITR Filing 2024: Form 16 is an exhaustive document that contains all essential details required for the submission of income tax returns.

11 May 2024 9:40 am
Hindu and married? This lesser-known hack can lower your income tax liability, double your benefits

By creating a HUF, a couple can essentially spread their income across more entities, potentially bringing them into a lower tax bracket.

11 May 2024 8:06 am
60% of millennials are choosing new age fractional investment: Here's what you need to know

According to a report from Grip Invest, a popular digital investment platform, millennials comprise approximately 60% of all investors in fractional investments.

10 May 2024 8:51 pm
Pension system: Public sector enterprises encouraged to join NPS, Finance ministry sends letters

NPS was made mandatory for all Central government employees (except armed forces) who joined service on or after January 1, 2004. Since 2009, the NPS was made available to every citizen on a voluntary basis, including corporates.

10 May 2024 4:38 pm
e-filing ITR: Income Tax portal introduces new tab to track tax notices, letters

As per the tax department, the e-Proceedings service is available to all registered users to view and submit a response to the notices / intimations / letters issued by Assessing Officer, CPC or any other Income Tax Authority.

10 May 2024 3:50 pm
LICs April 2024 total premium hits 12-year high with Rs 12,383.64 crore collection

The total premium collected by LIC in April 2024 was Rs 12,383.64 crore, while the premium collected in April 2023 was Rs 5,810.10 crore.

10 May 2024 2:18 pm
L&T plans to exit Hyderabad Metro post 2026, R Shankar Raman says free bus rides have made ridership 'less interesting'

Congress governments free bus rides for women impact sees change in ridership mix.

10 May 2024 1:05 pm
Akshaya Tritiya 2024: Gold ETFs, Sovereign Gold Bonds, physical gold, or gold stocks. What should be your pick this year?

Gold has proven to be a safe haven with increasing returns over the years. Therefore, for any investment goal, it is always advisable to purchase gold. In the last few years, the purchase of digital gold, gold ETFs, SGBshas seen a significant spike.

10 May 2024 12:57 pm
Air India Express expects normalcy in operations in next 2 days

Air India Express cabin crew crisis: Cabin crew members have gradually reported for duty after a strike that led to multiple cancellations was called off.

10 May 2024 11:52 am
Bank holiday today? Check out which cities have banks closed on Akshaya Tritiya 2024

Banks will be closed in some cities, they will remain open in others. For instance, today i.e. on Akshaya Tritiya, banks will operate as usual in Delhi,Mumbai, Kolkata, and Chennai but will be closed in Bengaluru.

10 May 2024 11:32 am
Go First stares at more trouble: DGCA may take away its airport slots, international flying rights

Go First crisis: The government had temporarily allocated the flying rights of Go First in the Winter Schedule for 2023 and Summer Schedule for 2024, and these allocations are likely to be made permanent by the end of the month.

10 May 2024 9:48 am
Akshaya Tritiya 2024: Should you be investing in digital gold or go for gold jewellery?

Investing in digital gold can provide a stable safeguard against inflation and market fluctuations. It offers the same advantages as physical gold but without the extra expenses.

10 May 2024 9:02 am
I want to invest in mutual funds. Where can I get 15-16% return in 5-6 years?

Prior to making any investment decisions, it's crucial to grasp that hybrid funds fall within the risk spectrum, sitting between debt and equity funds.

10 May 2024 8:42 am
Gold, silver price on May 9: Precious metal prices stays weak in last session

According to a WGC monthly report released yesterday, global gold ETFs saw their eleventh consecutive monthly outflow (-US$2.2bn) in April.

9 May 2024 5:34 pm
Turbulence at AI Express: Tatas must address brewing troubles on priority, say experts

After Vistara, Air India Express is facing turbulence, with staff reporting sick, leading to the cancellation of around 85 flights.

9 May 2024 5:06 pm
Sukino Healthcare plans to inject over Rs 200 crore in patient care, venture into oncology, digital therapies

It aims to serve 25,000+ patients every year through care centres and home care as it expects market for recuperative care to double

9 May 2024 1:22 pm
I want passive income of around Rs 1 lakh a month. I have Rs 2 crore in FDs. What should I do?

But with inflation hovering around 5-6%, the purchasing power of 1-1.2 lakh would reduce over time. What we currently buy with 1 lakh may cost significantly more in a few years considering if inflation remains the same.

9 May 2024 9:06 am
How does one survive a market with mood swings? A 3-point guide to reducing the risk to your portfolio

Diversification across asset classes can be a strategic way to mitigate risks while leveraging the opportunities offered by different investment avenues in different conditions.

9 May 2024 8:11 am
India surpassed Japan to become 3rd largest solar power generator in 2023

India saw the world's fourth-largest surge in solar generation in 2023 (+18 terawatt hour or TWh). This surge was placed behind China (+156 TWh), followed by United States (+33 TWh) and Brazil (+22 TWh). These top four countries accounted for 75 per cent of solar growth in 2023.

8 May 2024 9:58 pm
'Will curtail flights over the next few days': Air India Express CEO Aloke Singhafter major disruption

Since Tuesday night, 300 senior cabin crew members of Air India Express reported sick at the last minute and switched off their cellphones, leading to over 90 flights being cancelled.

8 May 2024 9:53 pm
'Will curtail flights over the next few days': Air India Express CEO Aloke Singhamid ongoing crew crisis

Since Tuesday night, 300 senior cabin crew members of Air India Express reported sick at the last minute and switched off their cellphones, leading to over 90 flights being cancelled.

8 May 2024 9:53 pm
HDFC ERGO withdraws 3 policies under my:health Suraksha scheme. Check details

The plans that have been taken off the market are: my:health Suraksha Gold, my:health Suraksha Platinum, and my:health Suraksha Silver plans.

8 May 2024 8:27 pm
RBI lifts ban on Bank of Baroda's BoB WorldApp from onboarding new customers

In an exchange filing, the bank said it will now resume onboarding new customers in the Bob World application. The Bank remains committed to ensure adherence and compliance of regulatory guidelines.

8 May 2024 6:31 pm
Air India Express Union claims nepotism, unjust sackings in 2-page letter, wants Tata Chairman to step in

Air India Express cancelled scores of flights due to a shortage of cabin crew members as a section of them called in sick, protesting alleged mismanagement at the Tata Group-owned airline.

8 May 2024 5:22 pm
Covishield off shelves for 2 years in India, AstraZeneca withdraws globally

In India, Covishield is manufactured by the Serum Institute of India (SII) under a licensing agreement with AstraZeneca. SII, one of the world's leading vaccine producers, ceased Covishield production in December 2021 due to low demand.

8 May 2024 4:59 pm
Gold, silver price on May 8: Yellow metal price hovering near Rs 70,000

In the international market, prices maintained a similar trend, hovering around $2,308.97 per ounce.

8 May 2024 4:24 pm
Baroda BNP Paribas MF launches retirement fund. Should you start investing?

Baroda BNP Paribas Mutual Fund's Retirement Fund aims to generate income and capital appreciation by investing in a diversified portfolio of equity and equity-related instruments and fixed-income instruments to provide a retirement solution to investors.

8 May 2024 4:23 pm
Google Wallet now active for Indian users: How to use the app and how is it different from Google Pay

As per Google Wallet website, Google Wallet is a secure and private digital wallet that allows users quick access to passes, tickets, keys or IDs that they share on the app.

8 May 2024 3:46 pm
NPS investment: Why National Pension Scheme is a brilliant way to save for your retirement. Check details

Launched in 2004, the National Pension System (NPS) serves as a robust investment avenue for individuals aiming to build a substantial retirement fund, complemented by the prospect of receiving a pension thereafter.

8 May 2024 2:45 pm
'They'll not change, should be shut down again': Ghulam Nabi Azad on Air India Express' 'mass sick leave' fiasco

The ministry of civil aviation has called for a report from Air India Express regarding cancellation of flights and asked them to resolve issues promptly.

8 May 2024 1:49 pm
'I will lose my job': Passengers in dismay after Air India Express cancels 86 flights as 300 cabin crew go on 'mass sick leave'

Passengers took it to X and other social media platforms to express their anger against the cancellations. Videos of many angry passengers at Delhi, Kochi, Kozhikode and Thiruvananthapuram airports are doing rounds on social media. Travellers can be seen arguing with the ground staff of Air India Express as their flights were cancelled at the last minute.

8 May 2024 1:30 pm
No COVID-19 vaccine bought in last 2 yrs: Govt sources on AstraZenecas vaccine row

AstraZeneca COVID-19 vaccine row: In 2022, sources for Serum Institute of India the producer of the vaccines in India had said that there were no fresh orders from the government and that their supply commitments had ended as of March 31.

8 May 2024 12:05 pm
5% or more than 25%: How much gold should you hold in portfolio when prices are on a roll?

Gold prices have been rallying in 2024, reaching an all-time high of over Rs 73,000 per 10 gman increase of nearly 21.1% in just one year.

8 May 2024 11:54 am
Air India Express cancels 70 flights after several crew members call in for a 'mass sick leave'

According to the reports, the staff called in sick together to protest against the mismanagement by authorities at the Tata Group-owned airline.

8 May 2024 9:49 am
Health insurance: 52% policyholders say their yearly premium has gone up by over 25% in 12 months

The survey by LocalCircles stated 52% health insurance policy owners said that their premium has increased by over 25% in the last 12 months. While 21% of health insurance policy owners indicated that the increase in premium was 50% or more in last one year.

7 May 2024 8:03 pm
CBDT issues guidelines for selection of cases for scrutiny, focus on tax evasion info by law enforcement agencies, note experts

While the guidelines are largely in line with those of previous years, experts noted that the CBDT continues to focus on cases of possible tax evasion where taxpayers information is shared by other law enforcement agencies.

7 May 2024 6:49 pm
Crypto's compliance conundrum: Are Indian cryptocurrency exchanges going through withdrawal woes?

Crypto exchanges need to a understand the critical issue looming large: the need to navigate the compliance landscape that is presented by regulators for platforms operating in this space.

7 May 2024 5:38 pm
Ghost shopping malls are on the rise, most vacant spaces in Delhi-NCR: Report

Real estate consultancy Knight Frank's latest report, Think India Think Retail 2024, said there is a 238% year-on-year increase in the Gross Leasable Area (GLA) of all shopping centers in prime Indian markets in 2023.

7 May 2024 5:17 pm
Karnataka HC ruling on PF for expats: Companies can revisit compliance strategy, PF payments for such workers, say experts

The provisions were introduced by the Central government in provisions through a notification dated October 1, 2008 through which it was made mandatory for international workers to contribute to the Provident Fund.

7 May 2024 4:59 pm
ICICI Pru Platinum: ICICI Prudential Life Insurance floats first ULIP with focus on value-based distributor payouts

Under the plan, investors have a choice between two life cover variants: Growth Plus and Protect Plus.These options cater to different needs, which offers flexibility in terms of the death benefit payout.

7 May 2024 4:20 pm
Over 800,000 income tax returns filed so far for AY 24-25

To help taxpayers file their returns for AY24-25, the CBDT had madeITR-1, ITR-2 and ITR-4, which are commonly used by taxpayers, available on the e-filing portal fromApril 1.

7 May 2024 3:05 pm
What's better than gold? Vedanta's Anil Agarwal points to a money idea you may have overlooked

In a post on X, Agarwal said metals such as copper, aluminum, zinc, and silver are fundamental to new-age technologies.

7 May 2024 2:55 pm
Sovereign Gold Bonds: This week, premature redemption on Series I of 2017-18 can earn you 147% returns. Check details.

The premature redemption rate for the same is Rs 7,165 per unit, which is a profit of Rs 4,264 per unit and nearly 147% more than the issue price.

7 May 2024 2:53 pm