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DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

“I think a combination of different policy choices that have been made make India quite an attractive investment destination. In addition to the digital public infrastructure that creates an enabling environment from a technological standpoint, you also have changes in…

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India wants WTO bodies to prioritise finance access, food security, tech

India has urged for the prioritization of several key issues in discussions within the World Trade Organization (WTO), including access to finance, manufacturing concentration, food security, and reducing transaction costs in international trade and services. New Delhi emphasized the need…

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NPA levels fall among majority of banks in last six months, finds FICCI-IBA survey

Over half of the respondent banks projected Gross NPAs to be in the range of 3-3.5 per cent over the next six months, with 14 per cent anticipating levels between 2.5-3 per cent.

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Public sector banks’ dividend payout may exceed Rs 15,000 crore in FY24

PSBs are projected to pay a dividend exceeding Rs 15,000 crore for FY24 due to increased profitability. The RBI is proposing new rules for dividend declarations based on NNPA ratios and total capital adequacy.

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Dixon’s largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: CFO Saurabh Gupta

Saurabh Gupta of Dixon Technologies foresees a $10 billion IT hardware opportunity for India. Emphasizing import substitution, a growth rate of 35-40% annually, and the importance of the PLI scheme, Dixon aims for 20-25% revenue from exports in five years.

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NPCI arm, banks and fintechs in talks for net banking synergies

The Reserve Bank of India (RBI) had on March 4 approved implementation of an interoperable payment system for internet banking transactions by NBBL, a subsidiary of National Payments Corp. of India (NPCI).

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  • ₹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.

  • PPF withdrawal before 15 years: When can you withdraw early and is there a penalty?

    To access funds from a PPF account before maturity, account holders can make partial withdrawals or close the account early under specific conditions after five years. Here's all you need to know about the withdrawal rules.

  • Gold vs Nifty 50: Which investment created more wealth over the past 10 years?

    The analysis shows gold has significantly outperformed the Nifty 50 over the short term, particularly in the last one to five years. Over 10 years, both gold and the Nifty 50 have delivered broadly similar long-term returns.

  • International travellers: Compare options before your next foreign trip to save up to 12% on card charges and fees

    Planning an international trip? Choosing the right card can save you up to 12% in associated fees and charges on every international transaction and ATM cash advance cost when travelling abroad. Here's how…

  • How much should a 30-year-old invest monthly to retire comfortably? Expert guides

    Start planning today for a secure tomorrow with smart retirement investments. This article explains how much a 30-year-old should invest monthly, covering inflation, SIP planning, and retirement corpus goals for a comfortable future.

  • Nifty Auto Index explained: Meaning, top constituents, investment options, benefits, and key risks

    Nifty Auto Index is a sectoral stock market index that tracks the performance of India's automobile industry by comprising 15 actively traded and NSE-listed companies. One of the simplest ways to get exposure to the Nifty Auto Index is through index funds and ETFs. 

  • As SpaceX joins Nasdaq 100 on July 7, Indians can now invest in the stock through these mutual funds

    SpaceX will join the Nasdaq 100 on July 7, prompting passive investments expected to reach $4.3 billion. Indian investors can access SpaceX indirectly via mutual funds tracking the index, gaining a small stake alongside leading tech firms like Apple and Microsoft.

  • Which city could become the next Bengaluru? Hyderabad, Pune and 4 others make ANAROCK's list

    Bengaluru, India's IT hub, faces competition from cities like Hyderabad and Pune, which are experiencing rapid growth in residential and commercial real estate. 

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