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Budget 2024: These sectors could be the potential winners and losers of Modi 3.0 budget

Budget expectations: India’s Finance Minister, Nirmala Sitharaman, is set to present the country’s FY25 budget on July 23, marking the first of Modi 3.0’s first budgets. The budget is expected to focus on rural schemes to boost consumption, benefiting companies…

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RBI approves appointment of former Kotak exec KV Subramanian as CEO & MD of Federal Bank

The Reserve Bank of India has approved Krishnan Venkat Subramanian as Managing Director & Chief Executive Officer of Federal Bank. Subramanian, who previously served as the Joint Managing Director of Kotak Mahindra Bank Limited, will start his three-year term on…

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HCLTech CEO Vijayakumar salary climbed to over $10 million

This makes Vijaykumar the second highest paid CEO of an Indian IT company after Wipro’s former chief Thierry Delaporte’s $20 million (around Rs 166 crore) compensation for FY24. In FY24, HCLTech led revenue growth for the industry at Rs 109,913…

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Expansion plans: Tata Electronics resets configuration for Rs 6,000 crore charge

The only Indian manufacturer of Apple’s iPhones did not attribute any reason behind the fundraising. The filings show it had secured loans of Rs 6,311 crore as of March 2024.

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Budget for world’s fastest-growing economy: Key numbers to be watched

Finance Minister Nirmala Sitharaman is set to present her 7th consecutive Budget, aiming to lay a roadmap for Viksit Bharat (developed India) by 2047. The budget is expected to provide better-than-earlier projections due to tax buoyancy. The government’s planned capital…

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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V Anantha Nageswaran said in a press conference after the tabling of the Economic Survey in the Parliament on Monday.

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News

  • Income-tax returns: Here's how to access, file and submit your ITR-1 form using the official e-filing portal

    Income-tax returns: Here's how to access and submit your ITR-1 form using the official e-filing portal

  • Want to retire early? Achieving FIRE strategy ‘never been easier’ says this investor — We explore the opportunities

    Grant Sabatier, author of ‘Financial Freedom’, asserts achieving FIRE is increasingly feasible, despite current challenges like inflation and housing costs. For those wanting to retire early, we explore the opportunities…

  • Stock vs MF: Can stock SIPs match the discipline of Mutual Fund investing? Expert on choosing the right strategy

    Investors often err by trying to time stock purchases. Stock SIPs allow regular investments in stocks, similar to mutual funds. While they can yield significant returns, they can also backfire. 

  • Market participation is not wealth creation: 5 mistakes retail investors should avoid

    Experts underscore that there is a world of difference between rebalancing your portfolio and churning it. The former is good, the latter not.

  • Investing discipline beats market predictions: Why experts want investors to ignore the noise

    Investing should be calm and research-based, not influenced by social media hype. Experts urge investors to validate sources, consider risks, and focus on data. Maintaining discipline and sticking to personal goals is crucial for long-term success in wealth creation.

  • Can a ₹15 lakh FD generate ₹1 lakh annual income? Here's the simple calculation

    A ₹15 lakh fixed deposit can deliver a steady annual income with the right interest rate. See how a ₹15 lakh FD can generate around ₹1 lakh yearly, compare current bank FD rates, and understand the impact of taxes before investing.

  • 8th pay commission to visit Mumbai railway depts for firsthand experience of working conditions — What's on the agenda?

    8th pay commission: The panel will visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.  

  • ‘Doesn’t matter if you win…,’ Rafael Nadal on his hotel, sports ventures and what tennis taught him about investing

    ‘Doesn’t matter if you win or lose,’ Rafael Nadal on his business ventures and what tennis taught him about investing‘Doesn’t matter if you win or lose,’ Rafael Nadal on what tennis taught him about investing

  • Which equity mutual funds topped SIP returns? These AMCs dominated the rankings

    Small-cap and mid-cap funds dominated the SIP return charts over three, five and 10 years. The rankings also reveal a handful of AMCs that consistently produced some of the best-performing equity mutual funds.

  • DA hike, bonus, minimum wage increase — Here's what Himachal Pradesh State Forest Development Corporation staff will get

    DA hike: Himachal Pradesh State Forest Development Corporation (HPSFDC) employees are set to receive a 3% hike in dearness allowance, minimum wage hike, and bonus for staff who draw up to ₹21,000 monthly salary. 

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