Blog - Advisors India

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TCS, Tata Chemicals, other Tata stocks tumble up to 8% as Tata Trusts calls Chandrasekaran’s tenure extension illegal

Tata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran’s reappointment was illegal. The Reserve Bank of India also denied Tata Sons’ plea to maintain private status. With Tata Trusts holding a majority of shares and…

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India's wealth‑management sector likely to surge over 2-fold to $436 billion by 2034

India’s wealth‑management sector is expected to expand about 2.5 times to $436 billion by 2034 as financialisation, global diversification and rising demand for professional advice reshape investor needs, a report said on Friday.

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Kuku Technologies gets Sebi approval for proposed IPO

Kuku will now file an updated prospectus with Sebi in the next three weeks and is eyeing a listing by the first half of 2027, a person familiar with the matter said.

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Apple Pay set for India launch next month with Axis Bank credit cards: Report

Apple is set to launch Apple Pay in India next month, debuting with Axis Bank’s credit card integration. Talks with prominent banks like HDFC and ICICI are underway to expand the service. This innovative payment solution enables iPhone users to…

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Rupee down nearly 6% in 2026, further weakening possible: Axis Bank

The rupee may need further depreciation to address trade shocks. Its real effective exchange rate has fallen to a 2013 taper tantrum level. Economists suggest a potential 10% weakening of the REER within a year. Global trends and domestic rates…

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Sensex rises 200 points, Nifty above 23,300 as oil prices cool down. What lies ahead?

Sensex and Nifty traded higher as crude oil prices eased to around $104 per barrel, while mid- and small-cap indices outperformed. Buying was broad-based outside the IT sector, with analysts identifying opportunities in select large-cap stocks despite elevated global bond…

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Gold, silver rates today Bangalore 2 Nov: Latest prices, up-down movement for precious metal investors in Garden City
Gold, silver prices today, 2 November: Check the latest prices and up-down movement for precious metal investors in Garden City. We also bring retail prices of 18K, 22K and 24K gold and 999 Fine silver across cities — Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
New NFO alert! Kotak Nifty Realty Index Fund closes next week—See deadline, minimum amount, allocation, expected returns
Kotak Mahindra Asset Management Company (AMC) has launched the Kotak Nifty Realty Index Fund, an open-ended passive scheme tracking the Nifty Realty Index. Here's all you should know before investing… 
Gold, silver prices today, 2 November: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 2 November: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
8th Pay Commission pension calculator: How ₹25,000 to ₹75,000 basic pensions may change at 2.5, 3 & 3.5 fitment factors
8th Pay Commission pension calculator: Check how existing basic pensions from ₹25,000 to ₹75,000 could change under hypothetical fitment factors of 2.5, 3 and 3.5, alongside key pension demands from employee unions.
DA hike: Tamil Nadu, Madhya Pradesh, Rajasthan, Chhattisgarh increase dearness allowance by 2-3% ahead of Diwali
After the Union Cabinet approved a 3% DA increase for central government employees; the Tamil Nadu and Rajasthan govts also raised DA by 3% each, while Madhya Pradesh and Chhattisgarh announced 2% hikes each for state employees and pensioners. 
8th pay commission: Pay scales, risk and hardship allowances, hazard pay — What AIRF is seeking for Railway employees
AIRF presented its demands to the 8th CPC, seeking better pay scales and risk, hardship, hazardous-duty and dress allowances for its employees. It highlighted railway work’s round-the-clock and raised concerns for running staff, track maintainers, technicians.
Sukanya Samriddhi Yojana taxation: Is entire SSY maturity amount tax-free? Key income tax rules parents should know
Sukanya Samriddhi Yojana taxation explained: Find out whether SSY maturity proceeds and interest are tax-free, how Section 80C deductions work under the old tax regime, and the key deposit limits, account rules and maturity conditions parents should know.
Moved abroad, selling mutual funds to buy a house in India? Know the tax rules
A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.
Small-cap funds were the worst-performing equity category in October. Which funds held up and which lagged behind?
Small-cap mutual funds were October's worst-performing equity category, falling 5.83%. Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund plunged 11.16%. Here are the best and worst-performing schemes and how other equity categories fared.
Bank interest not reported in ITR? ITAT ruling explains when taxpayers can escape income tax penalties
ITAT Delhi deleted a ₹3.08 lakh penalty on a salaried taxpayer who omitted ₹4.49 lakh in bank interest from his ITR. The tribunal cited a bona fide omission and an improperly worded penalty notice under Section 270A.