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The trillion rupee club: 80 firms with Rs 1 trilion in marketcap in FY24, up from 48 previous fiscal

This figure marks a notable increase from FY23 and FY22, with 48 firms achieving a market capitalisation exceeding Rs 1 lakh crore each year. In FY21, the count stood at merely 36. Contrastingly, FY20 saw 19 such firms, a decrease…

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The trillion rupee club: 80 firms with Rs 1 trilion in marketcap in FY24, up from 48 previous fiscal

This figure marks a notable increase from FY23 and FY22, with 48 firms achieving a market capitalisation exceeding Rs 1 lakh crore each year. In FY21, the count stood at merely 36. Contrastingly, FY20 saw 19 such firms, a decrease…

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Volatility in Indian rupee exchange traded derivatives won#39;t impact spot, bankers say

The considerable volatility in the rupee#39;s exchange-traded derivatives, particularly options, on Wednesday persisted on Thursday as brokers asked clients to unwind positions or provide proof of underlying forex exposure, market participants said.

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Explainer: What is bitcoin#39;s #39;halving#39;, and does it matter?

Depending on where you sit, the halving is a vital event that will burnish bitcoin#39;s value as an increasingly scarce commodity, or nothing more than a technical change talked up by speculators to inflate its price.

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GM Breweries tanks 4% on sharp margin erosion in Q4

GM Breweries#39; board also recommended an issue of bonus shares in the ratio of 1:4. For the bonus issue, the company will use Rs 4.56 crore from its free cash reserves, leaving Rs 804.03 crore in its kitty.

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Crew box office collection day 6: Tabu, Kareena Kapoor, Kriti Sanon#39;s film dips, earns just over Rs 3 crore

The film raked in over Rs 40 crore so far. Crew is a story of three women set against the backdrop of the airline industry.

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  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

  • Received ESOPs in your salary package? Know the tax you owe now, tax due later and who can defer payment?

    ESOPs enable startups to offer equity as part of compensation. Tax liabilities occur when options are exercised and shares sold, with potential deferment of TDS for eligible startups. Details here.

  • I asked ChatGPT whether a middle-class couple should spend ₹1.4 lakh on Sri Lanka or Singapore. The answer was one-sided

    I asked ChatGPT whether a middle-class Indian couple should spend ₹1.4 lakh on a trip to Sri Lanka or Singapore. After comparing flights, hotels, food, transport and attractions, the AI delivered a surprisingly one-sided verdict—and it wasn't in favour of the more expensive destination.

  • Should SIP investors panic during a market crash? The maths tells a different story

    The periods that feel worst for investors often create the biggest opportunity for SIP wealth creation. Here's how market corrections can boost long-term returns through rupee-cost averaging.

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