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Unilever’s India arm posts profit rise on strong beauty products demand

Hindustan Unilever has announced a strong second-quarter profit increase, driven by robust sales in its beauty and well-being segment. The Indian consumer goods giant, known for brands like Dove and Surf Excel, saw its profit climb to 26.9 billion rupees.…

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At 52-week high! Sensex surges 800 points, Nifty tops 26,050 on earnings optimism

Indian stocks surged on Monday, with the Sensex and Nifty approaching record highs. Optimism surrounding an earnings revival, fueled by festive season demand, tax cuts, and policy support, alongside renewed foreign inflows, boosted market sentiment. This positive outlook anticipates a…

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Reliance recalibrating Russian oil imports to align with India’s guidelines

Reliance Industries, India’s largest buyer of Russian oil, is adjusting its imports from Moscow. The company stated it will align its crude purchases with the Indian government’s guidelines. This recalibration follows increased sanctions imposed by the U.S. and Europe against…

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Alpine luxury property prices up 23 pc in 5 years: Report

Europe’s alpine property market continues to outperform wider global luxury trends, with prime prices for alpine homes rising 23 per cent on average over the past five years, fuelled by surging year-round demand, the rise of remote working, and a…

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Lower GST, higher bills: Salons and fitness centres raise prices despite tax relief

Salons, gyms and yoga clubs have increased prices by 10-20% despite a GST rate reduction. This is due to the withdrawal of input tax credit (ITC), forcing businesses to absorb taxes on expenses. Without ITC, the benefit of lower GST…

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Modi, Trump talk trade amid improving ties, but deal remains elusive

Prime Minister Modi and President Trump’s recent call has boosted trade deal hopes, though finalising it remains challenging. Negotiations are intense, with potential tariff reductions on Indian exports. While Trump claimed discussions on Pakistan and Russian oil, sources deny Pakistan…

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  • RBI announces redemption price for SGB 2021-22 Series III, investors set for over 220% gains; check details

    The RBI has fixed the premature redemption price at ₹15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.

  • Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know

    NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.

  • Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor

    Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.

  • CAGR vs XIRR: Which is better for analysing mutual fund returns?

    The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.

  • A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks

    Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market. 

  • HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why

    Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.

  • ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return

    Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.

  • Mango bonds and tree renting: a side of Alphonso in your portfolio

    Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?

  • How to change or update your EPF nominee online: Step-by-step process here

    EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.

  • Top 5 multi-cap funds with lowest expense ratios and highest long-term returns for investors to track

    Are you looking for a multi-cap fund that charges low fees and delivers benchmark-beating returns? Here are the top 5 multi-cap funds that combine low expense ratios with strong return performance.

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