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Multi-asset allocation mutual funds have stormed the Street. But should you touch them?

These funds are a good place to start one’s investment journey. However, do note that multi-asset funds entail a higher level of risk compared to traditional high quality debt products

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Sona Comstar gets certification under auto PLI scheme

The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.

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Buy JK Tyre; target of Rs 700: Emkay Global Financial

Emkay Global Financial is bullish on JK Tyre has recommended buy rating on the stock with a target price of Rs 700 in its research report dated February 23, 2024.

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NBCC to complete pending Amrapali projects and deliver flats to homebuyers by March 2025

NBCC has completed 12 Amrapali projects in Noida and Greater Noida. Close to 6,000 units have been sold in the erstwhile Amrapali Group with a sale value of close to Rs 3,500 crore, officials said.

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Indian startups’ US IPO listing presents both opportunities and challenges

Despite a more cost-efficient option of listing at GIFT IFSC, challenges such as smaller investor base and evolving regulations make US listings more attractive for Indian companies. However, complying with Sarbanes-Oxley Act, US GAAP and the Foreign Corrupt Practices Act…

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ED probing British Virgin Island entities floated by Hiranandani Group

The British Virgin Island entities were started between 2006 and 2008 and ED is probing the connection between the these companies and money brought into India through FDI route by the company, ED sources have said

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News

  • 8th pay commission: Deadline for consultant role applications ends tomorrow — Here's how to submit, check eligibility

    The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications…

  • UPI set for Uzbekistan rollout as India expands digital payments footprint and strengthens bilateral ties

    Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country. 

  • These taxpayers can't switch between old and new regimes every year: Know Form 10-IEA rules, deadline and filing process

    Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.

  • Odisha govt employees: Salary may be deducted for unpaid alimony, maintenance; what order means for your money

    Odisha govt employees who default on court-ordered alimony or maintenance payments may now have the amount deducted directly from their salaries. The payment will be transferred to beneficiaries, with cases integrated into the state’s HRMS for automated compliance.

  • 5 innovation thematic funds posted over 15% returns in 1 year, with Bandhan leading the category; no scheme in the red

    Innovation funds invest in companies driving new technologies and disruptive trends. The category has seen varied performance over the past year, with some funds delivering strong double-digit returns. However, none of the funds posted a negative return during the period.

  • Indian equities, debt, gold and US stocks: How should investors allocate money across these asset classes?

    A diversified portfolio can perform very differently depending on how you split your money across Indian equities, debt, gold and US equities. Here’s what 16 financial years of data, from FY2011 to FY2027 year-to-date, reveal about the returns across these asset classes.

  • Want to sell inherited agricultural land? Here are the tax breaks available

    Inherited agricultural land can attract capital gains tax if it qualifies as urban agricultural land, but reinvestment in a home, agricultural land or specified bonds can help reduce the tax burden.

  • Why Gurgaon court upheld ₹2 lakh monthly maintenance for estranged wife despite husband’s 50% income drop

    Gurgaon court upheld ₹2 lakh monthly maintenance for an estranged wife despite her husband’s reported income decline and home loan liabilities.

  • DA news: After Punjab workers strike, state govt directs show cause notices be sent to absent employees — Latest updates

    DA news update: After workers in Punjab undertook a strike on 27 August to push for pending DA and other demands; the state govt has hardened its stance and directed officers to issue notices for ‘unauthorised’ absences. 

  • Jeevan Pramaan system for NRIs: Why online life certificate submission fails? Check 4 alternatives available

    Submitting the annual life certificate digitally presents persistent hurdles for pensioners living overseas. Common roadblocks include Aadhaar verification failures, lack of access to an Indian mobile number for OTP delivery, and a total reliance on family members for technical assistance

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