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100 days of Modi 3.0: Infrastructure projects worth Rs 3 lakh crore approved

The Modi-led government sanctioned ₹3 lakh crore for infrastructure projects within its first 100 days to enhance connectivity and economic growth. Notable projects include a major port in Maharashtra, extensive road construction under PMGSY-IV, high-speed road corridors, new railway lines…

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Reliance Capital Insolvency: NCLAT notice to IIHL on CoC plea for interest for extended time & forfeiture

The NCLAT has issued a notice to IndusInd International Holdings Ltd over a plea by Reliance Capital’s lenders seeking interest on delayed payments and forfeiture of Rs 2,750 crore in case of default. The lenders want modifications to an NCLT…

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TIME’s World’s Best Companies 2024 List: HCLTech, Adani Group, Reliance make the cut; see full list of Indian firms

Several Indian companies have been featured on TIME’s World’s Best Companies of 2024 list. Notable names include HCLTech, Infosys, Wipro, Adani Group, and Reliance Industries. HCLTech ranked highest among Indian firms at 112. The list evaluates companies based on employee…

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Still some distance to cover on inflation, can’t look the other way: RBI Governor

RBI Governor Shaktikanta Das emphasized the need to address inflation, which remains above the target level of 4%. Speaking at a Bretton Woods Committee event, he highlighted concerns about global financial stability and banks’ exposure to commercial real estate. He…

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Mapping economic data: From macro to micro, official statistics coverage set for a deeper dive soon

The Ministry of Statistics and Programme Implementation (MoSPI) plans to come up with district-level estimates by onboarding states and also using technologies such as web-based surveys to compile ground-up data. “We will have more estimates at the district level. By…

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Complied with all SEBI disclosure guidelines; allegations are false and malicious: Madhabi Puri Buch

Securities and Exchange Board of India Chief Madhabi Puri Buch on Friday said that she has adhered to all disclosure and recusal guidelines set by the regulator. In a personal statement, she denounced the allegations against her as completely false,…

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  • 8th Pay Commission accelerates consultations on fitment factor and salary revision – top 5 updates

    8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

  • Bank holiday today: Are bank operations shut for Muharram on 26 June in Mumbai, Delhi, Chennai? Check RBI calendar here

    Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

  • Should you invest in last year’s top mutual fund? Experts warn against this common mistake

    Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

  • Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

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