When filing their annual income tax returns, many individual taxpayers claim a deduction on home loan interest. However, the rules differ depending on whether the property is self-occupied or rented out (let-out). The income tax treatment for home loan interest is separate for these two cases. As the income tax return filing season begins for … Read more
Today is important for investors looking to get bonus shares from Shalibhadra Finance Ltd. The record date for this bonus share issue is tomorrow, Wednesday, June 4, 2025. Only investors who own shares of the company by today will be eligible to receive these bonus shares. This is the first time the company is issuing … Read more
Food delivery companies Zomato (now called Eternal) and Swiggy have removed the surge fee discount for their loyalty program users during the rainy season. This change was noticed in the latest app updates of both companies. Now, users of Zomato Gold and Swiggy One will also have to pay extra delivery charges during rains, just … Read more
Abbott India shares are in the spotlight during Friday’s trading. The stock rose over 3% to hit an intraday high of ₹31,538.65. The previous closing price was ₹30,371.20, meaning the share price jumped ₹1,167 in one day. This rise is linked to a recent announcement. On Thursday, the company shared its March quarter results. In … Read more
Textile company Borana Weaves Limited has set a price band of ₹205–₹216 per share for its upcoming Initial Public Offering (IPO). The IPO will open for public subscription on May 20 and close on May 22. Anchor investors can place their bids a day earlier, on May 19. The company aims to raise ₹144.89 crore … Read more
The Postal Department has launched a new facility that allows users to download their Interest Certificate directly through the Post Office’s Internet Banking portal. This move brings major convenience to Post Office Savings Bank (POSB) account holders. So, if you have a savings account or a fixed deposit (FD) with the Post Office, you no … Read more
Shares of Man Industries (India) Limited, a company that makes iron and steel products, jumped 12% to ₹351.25 on Tuesday. This small-cap stock has gone up by 34% in just the last two days. The rise in share price comes after the company reported strong results for the fourth quarter and gave a positive outlook … Read more
On Monday, shares of Bajaj Electricals Limited closed at ₹610.45 on the BSE, marking a sharp rise of about 15%. The company, known for its household appliances, saw its profit double in the March 2025 quarter. Bajaj Electricals reported a profit of ₹59.05 crore, up 103% from ₹29 crore in the same period last year. … Read more
Parents often invest in various schemes to secure their children’s future, but one such option is the Post Office Bal Jeevan Bima Scheme, which many people are unaware of. This insurance scheme is designed specifically for children and is part of the Postal Life Insurance (PLI) offerings. Under this scheme, children are provided with a … Read more
SEBI (Securities and Exchange Board of India) has introduced new risk measures to control the growing speculation in the Futures and Options (F&O) market. These changes, based on the consultation paper released in February, will impact how open interest is calculated, position limits are set, and expiry rules are applied. SEBI’s Main Objective SEBI wants … Read more
The increasing tension between India and Pakistan caused a significant drop in the Indian stock market on Friday. On May 9, both major indices, Sensex and Nifty 50, fell by over 1 percent. By the end of trading, the BSE Sensex closed at 79,454.47, dropping 880.34 points or 1.10 percent, while the Nifty fell 265.80 … Read more