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March 31 deadline: MF investors must re-do KYC or be blocked from all transactions  

If your mutual fund KYC is not based on an officially valid document as specified by CAMS and KFintech, you will have to re-do your KYC by March 31, 2024. Failure to do this will mean you will not be…

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Buy Chemplast Sanmar; target of Rs 550: ICICI Securities

ICICI Securities is bullish on Chemplast Sanmar recommended buy rating on the stock with a target price of Rs 550 in its research report dated March 22, 2024.

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Buy Solar Industries; target of Rs 10,950: ICICI Securities

ICICI Securities is bullish on Solar Industries recommended buy rating on the stock with a target price of Rs 10,950 in its research report dated March 25, 2024.

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Buy Zomato; target of Rs 300: ICICI Securities

ICICI Securities is bullish on Zomato recommended buy rating on the stock with a target price of Rs 300 in its research report dated March 25, 2024.

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Germany is Europe’s sick man, but others are coughing

Berlin’s woes are well-known, but Italy’s fading growth points to the bloc’s long road to economic health. What might a better road to recovery look like? One is for Italy — and Europe — to make a success of pandemic recovery funds designed…

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Buy Info Edge; target of Rs 6993: ICICI Securities

ICICI Securities is bullish on Info Edge recommended buy rating on the stock with a target price of Rs 6993 in its research report dated March 26, 2024.

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News

  • 8th pay commission: Discussions with employee groups, stakeholders ongoing — Check meeting dates in July 2026 here

    The 8th pay commission is engaged in discussions with employee representatives to formulate pay recommendations, which will impact around 50 lakh central government employees and 65 lakh retired pensioners.

  • How SCSS helps senior citizens earn a ₹20,500 monthly income from ₹30 lakh savings

    Secure your retirement with SCSS, a government-backed savings scheme offering stable income for senior citizens. This article explains how a ₹30 lakh investment can generate around ₹20,500 monthly income with safety, tax benefits and predictable returns.

  • Dearness Allowance: Teachers' bodies in West Bengal welcome 20% DA hike, want another increase this year — What we know

    West Bengal has announced a 20% hike in dearness allowance for state employees and pensioners, raising it to 38% effective October 1. Teachers' organizations welcomed the decision but urged faster implementation and clearance of remaining dues.

  • The RBI just published a list of the tricks your bank plays on you

    New directions on product marketing and sales highlight practices such as bundling and hidden opt-outs, while formalizing safeguards against mis-selling.

  • Bank holiday next week: SBI, HDFC, others closed for only one day between 29 June and 5 July; check here

    UPI and bank apps allow 24/7 transactions. Banks close on specific Sundays and Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules. 

  • Mumbai couple makes ₹2.2 lakh a month yet can't save: Expert explains what they could do differently

    A Mumbai couple earning ₹2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans. 

  • Micron surged 700% in a year: Is it too late to buy? How much should you allocate | What Indian investors need to know

    Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.

  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

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