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Reduce Deepak Nitrite; target of Rs 1985: Prabhudas Lilladher

Prabhudas Lilladher recommended reduce rating on Deepak Nitrite with a target price of Rs 1985 in its research report dated February 15, 2024.

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Tamil Nadu govt presents budget, revenue deficit over Rs 49,000 crore; fiscal deficit sees increase

Thangam Thennarasu, who replaced PTR Palanivel Thiagarajan as Finance Minister last year, presented his maiden budget, a paperless, e-budget.

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SoftBank stock rises on CEO Masayoshi Son’s Plan for $100 billion chip project

Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp.

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NTPC, JSW Energy, PowerGrid to benefit from rising power demand: Jefferies

On the supply side, the report highlighted that irregular rainfall and unusual dryness impacted hydropower generation which declined 19 percent YoY while All-India thermal PLF increased to 72 percent from 67 percent YoY in order to compensate for the deficit.

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Nifty, Sensex near day#39;s high; focus on global developments, stock-specific moves

There is tremendous investor confidence among domestic investors. Even when FPIs are selling occasionally, like in October and November, domestic investors are showing confidence in the market, backed by fundamentals, said Nilesh Shah, CEO, Kotak MF.

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Wheel of time has turned, India setting example for world: PM Modi

Addressing a gathering after laying the foundation stone of the Shri Kalki Dham temple here in Uttar Pradesh, he said on the day of the consecration ceremony at the Ram temple in Ayodhya, he had stated that a new cycle…

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  • Dussehra bonus: Central govt employees demand 3x jump in ₹7,000 payment ceiling

    In a letter to the Cabinet Secretary, the National Council  highlighted that the central government's revision of the minimum wage to ₹21,000 per month alters the calculation formula

  • Bank holidays in September: SBI, HDFC, other lenders to be closed for 14 days— check RBI calendar, unions' strike date

    In September 2026, banks in India will observe holidays based on regional celebrations, as per the RBI calendar. Customers should confirm local bank schedules before visiting, as not all holidays apply nationwide. Digital services remain available during closures.

  • EPFO 3.0: Centralised database, UPI and ATM withdrawal options, quicker settlement — Changes for subscribers, explained

    EPFO 3.0: Centralised database, more digital and online withdrawal options through UPI and ATM, quicker settlement times and more. Here's a look at the key features, and what changes for subscribers…

  • UPI transaction limits explained: From ₹1,000 to ₹5 lakh, how much can you transfer?

    NPCI and the RBI have permitted higher transaction limits for certain categories. These include tax payments, initial public offerings (IPOs), hospitals and educational institutions, among others

  • 8th pay commission meeting in Jaipur on Monday — Here is what's on the agenda and latest updates

    The 8th pay commission has scheduled a meeting in Jaipur from 31 August to 1 September to consult with employee groups and stakeholders before finalising recommendations. The announcement is expected latest by May 2027.

  • Private credit offers up to 22% returns: Why the advertised gains may not be what you get

    Private credit offers higher returns but entails significant risks compared to traditional debt investments. Investors must evaluate underwriting practices, fund performance, and fees, while being mindful of liquidity and the impact of taxes on returns.

  • Can you claim Section 54 tax exemption for buying two residential flats? Here's what the ITAT ruling says

    A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunal’s finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.

  • Got ₹1 crore in ESOPs? You may need ₹22 lakh upfront before you can cash out

    Falling valuations coupled with delayed exits decrease certainty regarding when and at what price shares can be monetized

  • NRI inheritance: You live abroad, your assets are in India — which country's laws decide who inherits?

    Under Indian law, asset classification dictates which legal framework applies when someone dies without a will (intestate)

  • Sold house, personal assets, now living on rental income: Zee founder Subhash Chandra reveals his finances

    Troubled Essel Group and Zee founder Subhash Chandra has claimed that he is running expenses from income generated by renting out a portion of “a small residential house” that he owns. Here's what we know… 

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