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Unilever’s India arm posts profit rise on strong beauty products demand

Hindustan Unilever has announced a strong second-quarter profit increase, driven by robust sales in its beauty and well-being segment. The Indian consumer goods giant, known for brands like Dove and Surf Excel, saw its profit climb to 26.9 billion rupees.…

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At 52-week high! Sensex surges 800 points, Nifty tops 26,050 on earnings optimism

Indian stocks surged on Monday, with the Sensex and Nifty approaching record highs. Optimism surrounding an earnings revival, fueled by festive season demand, tax cuts, and policy support, alongside renewed foreign inflows, boosted market sentiment. This positive outlook anticipates a…

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Reliance recalibrating Russian oil imports to align with India’s guidelines

Reliance Industries, India’s largest buyer of Russian oil, is adjusting its imports from Moscow. The company stated it will align its crude purchases with the Indian government’s guidelines. This recalibration follows increased sanctions imposed by the U.S. and Europe against…

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Alpine luxury property prices up 23 pc in 5 years: Report

Europe’s alpine property market continues to outperform wider global luxury trends, with prime prices for alpine homes rising 23 per cent on average over the past five years, fuelled by surging year-round demand, the rise of remote working, and a…

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Lower GST, higher bills: Salons and fitness centres raise prices despite tax relief

Salons, gyms and yoga clubs have increased prices by 10-20% despite a GST rate reduction. This is due to the withdrawal of input tax credit (ITC), forcing businesses to absorb taxes on expenses. Without ITC, the benefit of lower GST…

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Modi, Trump talk trade amid improving ties, but deal remains elusive

Prime Minister Modi and President Trump’s recent call has boosted trade deal hopes, though finalising it remains challenging. Negotiations are intense, with potential tariff reductions on Indian exports. While Trump claimed discussions on Pakistan and Russian oil, sources deny Pakistan…

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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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