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UPL shares in focus after Fitch downgrade, negative outlook on weak demand, poor EBITDA

Fitch has also downgraded UPL Corp#39;s senior unsecured rating and the ratings on the senior unsecured notes to #39;BB #39;, from #39;BBB-#39;.

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Daily Voice | Here is why this investment professional is bullish on auto, power sectors

Earnings support the price movement and the auto sector isn’t expensive, says Akhil Bhardwaj, Senior Partner at Alpha Capital

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Sundar Pichai: AI can strengthen cyber defences, not just break them down

Capturing the full opportunity of AI-powered security goes beyond the technology itself. I see three key areas where private and public institutions can work together

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Electoral Bonds and the muzzling of people’s right to know who funds political parties 

Will the government bring an ordinance to overrule the SC judgement? Unlikely, because all the amendments done to various acts – IT Act, Companies Act, RPA 1951 – have been struck down as unconstitutional. Moreover, SC has upheld the citizens…

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MFs raise stakes in 70% Nifty smallcap, midcap stocks in Q3, despite caution

Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.

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Nikkei charges toward all-time high, dollar under pressure

Nikkei surged 1.4% to 38,678 points, just within a whisker of the all-time high of 38,957 points hit in 1989 that marked the peak of Japan#39;s so called “bubble economy.”

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  • ₹16,649 crore unclaimed in LIC and inactive EPF accounts: What Centre's latest update means for you

    Over ₹16,649 crore lying in old LIC policies or inactive EPF accounts, says the Centre. Recovering dues requires checking past insurance, provident fund records, updating KYC and contact details, and responding to official reminders.

  • 8th Pay Commission: Gazette mandate on NPS and UPS differs sharply from employees' demand for OPS restoration

    The 8th Pay Commission is reviewing NPS and UPS benefits under its mandate, while employee unions continue to demand the restoration of the Old Pension Scheme. Here is how the Gazette notification differs from employees' key pension demands.

  • Did F&O or intraday trading last year? Your ITR filing due date isn't July 31

    In India, intraday and F&O trading profits are taxed differently. Intraday trading is speculative business income, while F&O is non-speculative. Taxpayers must file ITR-3 or ITR-4 depending on specific conditions. Here are the deadlines.

  • Claiming a deceased family member's mutual funds made less cumbersome: What SEBI has changed

    SEBI has asked AMFI to simplify the industry's transmission norms, making it less cumbersome for nominees and legal heirs to claim rights on mutual funds after the investor's death. Here's what changed under the revised framework.

  • Aadhaar app crosses 4 crore downloads: Full list of services available on the new app

    The new Aadhaar app achieved 40 million downloads so far. The redesigned app replaces mAadhaar aap and offers a wide range of Aadhaar-related services. Full list here.

  • Buying gold? This simple COMEX calculation can tell if you are being overcharged

    By converting international gold prices into Indian rates, you can find the actual gold cost in India and better understand whether your jewellery bill reflects a reasonable price.

  • HDFC Balanced Advantage Fund vs Parag Parikh Dynamic Asset Allocation: Same category, but equity exposure 71% vs 15%

    Balanced advantage funds can have vastly different portfolio structures despite belonging to the same SEBI category. Variations in equity, debt and cash can lead to distinct risk profiles and return outcomes, making portfolio composition an important factor to evaluate.

  • EPS rules explained: Eligibility, withdrawal and pension

    Confused about the Employees' Pension Scheme and its rules? This guide breaks down complex aspects, including contribution methods, eligibility, and pension calculations. With increasing cases of claim rejections, being informed is key. 

  • Job switch leads to ₹1.69 lakh tax liability despite both employers deducting TDS correctly: Here's why Form 12B matters

    Switching jobs during a financial year can leave salaried employees with an unexpected tax liability even if both employers deducted TDS correctly. The gap arises because TDS is calculated employer-wise, while final tax is based on total annual income. Form 12B can help avoid this mismatch.

  • How to lock and unlock your fingerprints and iris using new Aadhaar App

    The Aadhaar biometric lock/unlock feature has gained significant adoption, with residents using it more than 1.91 crore times, according to MeitY. This security feature allows Aadhaar holders to prevent unauthorized biometric authentication using their fingerprints, iris and face data.

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