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Taking Stock: Market snaps 4-day winning streak in a choppy session; IT, FMCG drag

Top Nifty gainers were Tata Motors, Bharti Airtel, Bajaj Auto, SBI and ONGC, while losers were Bajaj Finserv, Bajaj Finance, Nestle India, Infosys and SBI Life Insurance

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Karnataka to become $1 trillion economy by 2032: MB Patil

Karnataka aims to become a $1 trillion economy by 2032 with a sustained growth rate of 18%. The state plans to bring out a new clean mobility policy to attract EV manufacturing. Karnataka wants to become a global manufacturing hub…

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Popular Vehicles and Services IPO opens on March 12, fresh issue size at Rs 250 crore

Popular Vehicles and Services IPO | The public issue will open for subscription on March 12 and close on March 14, while the anchor book will be opened for a day on March 11

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India extends mandate for utilities to import 6% of coal needs until June

India last year had asked utilities to import 6% of their coal requirements until March due to an unprecedented surge in power and coal demand.

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India#39;s coal output reaches 881 MT in April-February

In 2022-23, India#39;s total coal output was 893 million tonnes (MT). For the ongoing 2023-24 fiscal, the government has a target to produce 1 billion tonne (BT) of coal.

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Neutral Tata Motors; target of Rs 1000: Motilal Oswal

Motilal Oswal recommended Neutral rating on Tata Motors with a target price of Rs 1000 in its research report dated March 05, 2024.

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News

  • Will gold build on its 2025 spectacular gains? Ways to invest in yellow metal in 2026

    Gold ETFs and FoFs provide digital ownership with no storage and insurance costs, ease of buying and selling, etc. Gold coins and bullion provide tangible ownership with immediate possession, while gold jewellery serves investment and consumption needs.

  • How SEBI’s new PMS rules offer a solution to the long-standing problem for HNI portfolios, family wealth

    What happens if the head of the household goes away? What if the PMS house that takes care of the money wants to change things up or sell its business? What happens to the portfolio when the individual who made the money is no longer there?

  • Section 80C: Can you withdraw tax-saving investments in a financial emergency?

    Taxpayers under the old tax regime can claim up to ₹1.5 lakh deduction under Section 80C. But can these tax-saving investments help during a cash crunch? Here’s when and how you can access the money.

  • Debt by a thousand cuts: How silent EMIs are killing your financial freedom

    Beyond major loans, a growing web of small, automated, and often overlooked recurring expenses is quietly eroding the savings and financial flexibility of Indian households.

  • Will your travel insurance cover flight delay or cancellation? Here's what you need to know amid Gulf airspace closures

    With rising tensions in West Asia, airlines are rerouting or suspending flights, complicating travel plans. Travellers should review their insurance policies for coverage on delays and cancellations, as benefits differ.

  • CIC urges Income Tax dept to ‘institutionalise a taxpayer-friendly mechanism’, highlights grievance redressal issues

    The Central Information Commission has urged the Income Tax Department to create a taxpayer-friendly mechanism to address grievances, noting that taxpayers often struggle to resolve discrepancies in TDS.

  • Invest like a woman: Five fund managers on money, risk and confidence

    Women often run household budgets but remain underrepresented in investment decisions. Five fund managers share how they built credibility in finance and what women must do to move from saving to investing.

  • EPF member guide: Eligibility, benefits, PF account retention, and rules for switching jobs explained

    The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.

  • How to shift your MF portfolio from an MFD to an RIA

    Doing so essentially involves moving from a regular plan, where commissions are built into the expense ratio, to a direct plan.

  • EPF interest rate maintained at 8.25%: From corporate bonds to ETFs, here's how your contributions are invested

    The EPFO has approved an interest rate of 8.25% on EPF deposits for 2025-26, maintaining the rate for the second year. 

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