As a taxpayer, it is important to make your investments before March 31 if you want to claim tax exemptions under the old tax regime. However, if you have opted for the new tax regime, you will not be able to claim tax benefits on your investments. The old tax regime still allows tax exemptions, … Read more
In the last five months, the Sensex has dropped by 12 percent, while the Nifty has fallen by 13 percent. Since the beginning of this year, both indices have declined by 4.3 percent. The midcap index has fallen by 20 percent, and the smallcap index has seen a sharper decline of 23 percent. In contrast, … Read more
The recent turbulence in the stock market, known as Black Monday, has impacted the performance of newly listed IPOs. Quality Power Electrical Equipments Limited made a lackluster debut, disappointing investors. The stock, which had an issue price of Rs 425, was listed at Rs 432 on BSE and Rs 430 on NSE, reflecting a modest … Read more
The Securities and Exchange Board of India (SEBI) has introduced a new digital platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors. This platform allows investors to trace forgotten or inactive mutual fund folios, making it easier for them to manage their investments. Importance of the MITRA Platform Over time, many … Read more
Today, Vakrangee’s shares surged by 5% after the Reserve Bank of India (RBI) granted approval for white label ATMs. The stock opened at Rs 15.10 on the Bombay Stock Exchange (BSE) and reached Rs 15.92 after hitting the upper circuit limit. This increase in share prices came as a direct result of the RBI’s authorization. … Read more
Hexaware Technologies Limited is set to open its Initial Public Offering (IPO) on 12 February 2025. Before investing, it’s important to understand the key details about the company and the IPO process. Business Overview Hexaware Technologies is a global digital and technology services company specializing in artificial intelligence (AI). The company integrates AI into its … Read more
The Yogi Adityanath government in Uttar Pradesh is planning a major decision regarding rent agreements, which will directly impact both landlords and tenants. To ensure better property protection, the government aims to encourage the registration of rent agreements. Significant changes in the rent agreement rules are being considered, including lowering the stamp duty to make … Read more
If everything goes as planned, traveling on highways in India will soon become more convenient and cost-effective. According to multiple media reports, the Government of India is considering introducing annual and lifetime toll passes. These passes aim to provide hassle-free and affordable travel for frequent highway users. The primary goal is to reduce congestion at … Read more
Amid a major market decline, investors flocked to purchase shares of Nykaa’s parent company, FSN E-Commerce. On February 11, the stock rose by 3 percent, reaching Rs 175 during trading. However, the stock had peaked at Rs 229.90 in August 2024, which marked its 52-week high. On February 13, the stock dipped to Rs 139.95, … Read more
Several important updates in bank Fixed Deposits (FDs) have been introduced in 2025, which will impact investors. These changes include revised TDS (Tax Deducted at Source) rules, new guidelines for partial withdrawals, and special provisions for senior citizens. Understanding these updates can help you manage your FDs more effectively and maximize the benefits. The Reserve … Read more
Good news for stock market investors! Ajax Engineering Limited’s IPO has opened today, offering an opportunity to invest in the primary market. The IPO size is ₹1,269.35 crore, with the company offering 2.02 crore shares under the Offer for Sale (OFS). Here are the key details: IPO Dates: Open from February 10 to February 12, … Read more