Union Bank of India saw a notable rise in its shares by about 7% today, following a significant jump in its net profit. The increase was recorded after the bank released its financial results, showing a 28.20% increase in net profit. Growth in Net Profit and Other Income For the December quarter, the bank reported … Read more
In today’s highly competitive business world, entering any market comes with its own set of challenges. However, there’s a business idea that offers less competition and the potential for high earnings with a low initial investment. We’re talking about starting a jam, jelly, and marmalade business. These products have consistent demand throughout the year, which … Read more
On Monday, shares of Swiggy, the food delivery company, experienced a sharp decline. The stock price dropped by over 8% to Rs 410 on the BSE, bringing it close to its Initial Public Offering (IPO) price of Rs 390. This marks a loss of more than 24% so far in 2025, with a nearly 25% … Read more
The central government has introduced the Unified Pension Scheme (UPS) to provide financial security for central employees after retirement. By combining elements of the Old Pension Scheme (OPS) and the National Pension System (NPS), the UPS guarantees a pension, ensuring that employees have financial stability and dignity after retirement. This scheme will be effective from … Read more
If you’re planning to buy a new property, there’s important news for you. The government has updated several land registration rules in India, aiming to make the process more transparent and secure. These new rules will benefit the public and improve how government departments operate. Key Changes in Land Registration The new rules include several … Read more
The announcement of the 8th Central Pay Commission (CPC) has brought hope for central government employees and pensioners. Set to take effect from January 1, 2026, it will benefit more than 1 crore employees and pensioners. Reports suggest that this time, the fitment factor may be 2.86, which is expected to cause a significant increase … Read more
Kabra Jewels had an excellent debut in the NSE SME segment, listing at a 90% premium at ₹243.20. After the impressive listing, the company’s shares hit a 5% upper circuit, raising the price to ₹255.35. The price band for the IPO was set between ₹121 and ₹128 per share. Kabra Jewels IPO opened for subscription … Read more
The rules for Tax Deduction at Source (TDS) on pension for the financial year 2024-25 and assessment year 2025-26 came into effect on April 1, 2024. These changes aim to simplify the tax system and provide more benefits to pensioners. The updates include a higher standard deduction limit and increased exemptions on family pension. What … Read more
Baroda BNP Paribas Mutual Fund has introduced its new scheme, the Baroda BNP Paribas Energy Opportunities Fund, which will be open for subscription from 21 January 2025 to 4 February 2025. This fund aims to give investors the opportunity to benefit from the growing energy sector in India. The scheme will be benchmarked to the … Read more
The market has shown a strong rally in the first trading session of the week. Although it started slowly, Nifty is now trading above 23,350, with a gain of 150 points. Axis Securities has highlighted that the 23,000 level is crucial for the market. If it holds, there is a strong chance of a trend … Read more
Vodafone Idea Limited’s stock experienced a significant jump on Monday, rising by 15% to reach an intraday high of ₹10.48 compared to its previous closing price of ₹9.12. The sudden increase in share value is linked to reports that the central government is considering a partial waiver of Adjusted Gross Revenue (AGR) dues. This relief … Read more