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‘India can grow even faster with less inequality’: Economist Thomas Piketty

Economist Thomas Piketty addressed India’s extreme inequality, second only to South Africa. He advocated for a 2% wealth tax on the ultra-rich to fund public services and broaden the tax base, citing China’s success with increased tax revenue and reduced…

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Capital markets poised for expansion; Nuvama, Nippon Life AMC could give 16-27% return

India’s capital markets are booming, with demat accounts and SIP flows surging. Despite low penetration compared to global benchmarks, the expanding workforce and digital advancements fuel growth potential. AMCs, brokers, and wealth managers are poised for robust expansion, driven by…

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Can cryptocurrencies emerge as the ‘new gold’? Exploring their future as safe-haven assets

Amidst global economic uncertainty, investors are seeking refuge in safe-haven assets like gold and Bitcoin. Gold offers tangible stability, while Bitcoin, termed “digital gold,” attracts investors with its decentralised nature and potential as a hedge against inflation. The debate continues…

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India’s per capita availability of fruits and vegetables increases by 7 kg and 12 kg over last decade: Report

India’s fruit and vegetable availability has increased, exceeding recommended levels, yet 30-35% is lost due to supply chain inefficiencies. Extreme weather impacts production, while easing retail inflation is attributed to falling vegetable prices, though food prices remain a key inflation…

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India’s CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices: Report

India’s CPI inflation is projected to be around 4.7-4.8% for FY25, due to easing food inflation and stable global commodity prices. Favorable harvests and benign global food and energy prices contribute to this positive outlook. November 2024 CPI inflation moderated…

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India’s data centre investments to exceed USD 100 bn by 2027: CBRE

India’s Data Centre (DC) market is witnessing a surge in investment activity, with Maharashtra and Tamil Nadu emerging as the most preferred destinations.

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  • Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?

    Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 

  • EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims

    EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.

  • Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios

    Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 

  • How can families preserve art, jewellery and heirlooms for future generations?

    A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.

  • Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance

    Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.

  • SIP returns disappointing? Here's when to stay invested and when to switch funds

    Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.

  • NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India

    Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.

  • PFRDA launches NPS PRIDE-Disha: How the new tool helps you choose the right pension fund

    NPS PRIDE-Disha lets subscribers compare pension funds using XIRR based on regular contributions instead of only point-to-point returns. The platform uses historical NAV data since 2008 to help investors make more informed fund selection and switching decisions.

  • ITR filing 2026: How to access interest certificate from SBI, HDFC Bank, ICICI Bank, PNB and India Post

    The ITR due date is near and taxpayers are urged to gather important documents, including interest certificates, to ensure accurate reporting of income. Here is a step-by-step guide to download interest certificate from SBI, HDFC Bank, ICICI Bank, PNB and India Post.

  • Automatic EPF transfer after job change? Avoid these 6 mistakes to prevent delays

    EPFO has introduced automatic PF transfers for eligible members. However, the facility works only if certain conditions are met.

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