Shares of HCL Technologies plunged nearly 5 percent on the Bombay Stock Exchange (BSE) after the IT major reported a lower than expected 1.5 percent quarter on quarter rise in its net profit at Rs 22.27 billion for the quarter ending

The shares of private lender, Kotak Mahindra Bank surged over 5 percent, hitting 52-week high, on the Bombay Stock Exchange (BSE) amid spurt in volume trade after the lender reported 15.1 percent year-on-year growth in terms of net profit at Rs

Moody's Investors Service, a global rating agency, said that Adani Ports and Special Economic Zone Limited's (APSEZ) (Baa3 stable) results for fiscal 2018 are within Moody's expectations. In fiscal 2018, APSEZ's reported revenue of Rs 113 billion, up by 34

Wockhardt - the global pharmaceutical and biotechnology organization's stock has dipped by 8 percent after the company announced its financial results. The company reported its fourth quarter and fiscal 2018 results on Friday, May 4, 2018. Based on the financial

Shares of Bank of Baroda continued its losing streak on Thursday and dipped over 2 per cent on the Bombay Stock Exchange.The traders reacted to Central Bureau of Investigation (CBI) report which stated that it had registered four more cases against

The two Indian equity benchmarks closed at a record high on Monday. S&P BSE Sensex Index closed 0.36 percent higher at 37,691.89, while the NSE Nifty 50 Index closed 0.2 percent higher at 11,387.10. They were mainly driven by shares of

The country's third largest bank surged to its six-month high in morning trade after clarifying to the stock exchanges that it had made full disclosures of its bad loans and accounting policies. The share price of ICICI Bank advanced as much

The Indian stock markets have fared better than most of the developed equity markets around the world. The Bombay Stock Exchange's (BSE) index Sensex has recorded a little over 20 percent of returns in the past one year outperforming New York

Indian equity benchmark indices marked new highs in closing trade today. The S&P BSE Sensex rose by 51.01 points, or 0.13 percent to 38,336.76 while NSE's Nifty 50 increased by 11.85 points, or 0.10 percent, to close at 11,582.75. Nifty had

The BSE Sensex closed 1.16 percent higher at 38,694.11 gaining 442 points on Monday while NSE's Nifty 50 advanced 1.17 percent to close at 11,691.95 points, aided by the gains in Asian markets and record Wall Street highs reported on Friday.

Shares of sugar manufacturers have increased by close to 20 percent in trade on Friday after the government approved a nearly 25 percent hike in the price of ethanol made directly from sugarcane juice to be blended in petrol. This news

The stocks of most non-banking finance companies (NBFC) fell they dragged BSE's Sensex over 1,000 points in the trading session on Friday. Shares of Dewan Housing Finance Corporation (DHFL) more than halved at from a 57.42 percent drop. Other firms that

Stocks of aviation companies plunged in morning trade on Thursday after an increase in their import duty burden. The government on Wednesday night introduced a 5 percent basic customs duty on aviation turbine fuel (ATF) that is used to fly airplanes

The state-owned railways engineering and construction company was listed at Rs 422 a piece on NSE (National Stock Exchange), that is, at an 11.16 percent discount from its issue price of Rs 475 per share. On BSE (Bombay Stock Exchange), it

Indian stock markets have been seeing many of its stocks, especially those of the banking and finance companies bleed this week. While BSE's Sensex opened at 36,495 points on Friday, NSE's Nifty started below its 11,000-mark at 10,993 points. In morning

Shares of Reliance Industries Limited (RIL) tumbled 7 per cent on Bombay Stock Exchange amid spurt in volume trade. According to data available with exchange, as much as 9.12 lakh shares have changed hand over the counter as compared to two-week

Shares of Sun TV Network rose over 2 per cent on Bombay Stock Exchange after media report suggested that the company is looking to expand market share in GEC (General Entertainment Category) segment in Tamil Nadu in the next few months.Cheering

Crisis-hit Jet Airways Monday said it was working out a "mutually acceptable" arrangement regarding salary dues.Salary payments have been delayed for many employees, including pilots. The airline management had promised to clear salary dues of its pilots by March."We wish

More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said Thursday."At this moment, they (airline) have 70 aircraft that are operational. At early December,

In a report titled "The Fed can't print gold," commodity analysts at the Bank of America Corp raised their bullish stance on the yellow metal, saying that it could hit $3,000 an ounce within 18 months. The bank's previous 18-month target

Starting 1 April 2020, dividend income earned on shares of an Indian company or from a mutual fund scheme is taxable in the hands of the receiver based on the tax rate applicable to their total income. The dividend earned will

Pharma stocks have outperformed the indices in the last one month and that too by a distance. Several pharma companies have yielded phenomenal returns in the last few months and the run may end, if a quick solution is found for

Before we head on to answer your queries on your investments in mutual fund schemes, here we clarify that last evening after the amc company Franklin Templeton was left with no option on barely any new subscription and other liquidity issues,

In light of the COVID-19 lockdown situation, the Insurance Regulatory and Development Authority of India (IRDAI) issued a notification on Friday allowing some insurance companies to provide the Aadhaar-based authentication to complete KYC procedure to provide insurance services. "To facilitate

Akshaya Tritiya is an auspicious day in the Hindu Calendar that is believed to bring good fortune and prosperity with the purchase of gold. In 2020, this day falls on 26 April, amid the nationwide lockdown. Apart from the tradition, gold

While we are already facing an unprecedented situation with the outbreak of Covid 19 and to overcome it lockdown has been in place for quite a while now, the auspicious occasion of Akshaya Tritiya that falls on April 26, 2020 can

‘Savings are the income of future', and there is no better time than our current situations to realize and address the above fact. With businesses being halted, and cash flow slowing down; having a source of income which helps you maintain

We are living in unprecedented times. Businesses are getting impacted rapidly, interest rates are falling and a bank like Yes Bank, had to be bailed out. Even as interest rates are low, it is time to look at deposits from non

Like life insurance policies which can be paid in monthly, quarterly, bi-yearly modes, soon you will be able to pay health insurance premiums similarly. This has come amid Covid 19 outbreak after IRDAI's call on the issue, when people have been

Highly leveraged companies may find the going tough in the next few months, as rapid rise in covid-19 infections, make business prospects highly unpredictable. Even if infections abate in the next three months or so, companies that have high levels

Charlie Munger, the vice-chairman of Berkshire Hathway, the investment company controlled by billionaire Warren Buffet, is not looking at making investments amid the COVID-19 crisis. In a recent telephonic interview with the Wall Street Journal, Munger was asked if his investment

After extreme volatility recently seen the stock markets and mutual fund investments, you may be looking at more stable options to put your savings aside for the long term. One such conservative investment tool is the EPF (Employees' Provident Fund) that

As the time passes so quickly, another fiscal year is turning to an end soon, and most of the tax payers must be in the state of panic about keeping the things in order. They might also be planning to approach

There is bad news everywhere amid Covid 19 crisis which has led most employed to fret about job loss or salary cuts. Various industries hit the most including aviation has announced no pay-outs for April, May month. At the same time,

Maharashtra's Health Minister Rajesh Tope announced that all citizens of the state will be given a free health insurance scheme and will also become the first state in India to provide free cashless insurance to all its citizens. The announcement was

The ongoing COVID-19 crisis brings to light the need to have health and life insurance covers to face unforeseen emergencies. You can take now take advantage of the relaxed rules and options to either purchase a new policy or increase your

The last few months have seen share prices fall like nine pins, interest rates on fixed deposits collapse and even moratorium being placed on withdrawals of a particular bank. At such times, it is very important to look for safety and

Indian currency rupee against the dollar has tumbled to a historic low of 76.91 per US dollar on April 22, 2020 and as per reports it may touch levels of 80 as the pandemic Covid 19 brings with it a lot

On Monday, banks and NBFCs (non-banking finance companies) were among the biggest losers on the Indian stock exchanges. ICICI Bank ended 10.56 percent lower, HDFC 9.98 percent down, HDFC Bank 7.89 percent lower, SBI was down 5.88 percent and NSE's banking

Amid the coronavirus pandemic, the retirement fund body Employees' Provident Fund Organisation (EPFO) has granted provision to allow withdrawal of funds from the fund balance to tackle liquidity crunch. Nonetheless, while the institution has received many such withdrawal request there has

At this grim hour, when paying rent can be dentful task HDFC's payment app PayZapp has tied up with NoBroker for offering cashback or rewards on rent payment. NoBroker is the brokerage free real estate portal. And the facility can be

Given the fact that digital KYC or know your customer has been in place for long but no institutions followed similar standards, the government as well as the SEBI have come forth amid the pandemic-led lockdown and instructed to move to

State Bank of India (SBI) has initiated an emergency loan scheme for its customers amid the nationwide lockdown to curb the spread of COVID-19. It allows bank account holders of the nation's largest bank to apply for the loan on its

On Thursday, the State Bank of India (SBI) introduced a new scheme for senior citizens called "SBI Wecare Deposit" for senior citizens in its retail term deposit segment. The scheme aims at safeguarding the interest of senior citizens in fixed deposits

Brokerage firm, Motilal Oswal is bullish on the stock of Larsen & Toubro and has set a price target of Rs 1,200 on the stock, as against its current market price of Rs 825.

The contagion of COVID-19 has adversely affected every walk of life, businesses have gone back to the drawing boards to chalk out sustainable plans. The government and financial bodies are constantly working on developing plans for different sectors to be able

On Friday, the Income Tax Department informed that for NRIs/foreign visitors whose stay in India was prolonged due to lockdown, the prolonged stay would not be considered for residential status calculations for income tax purposes for the financial year 2019-20.

Recently, amid falling interest rates, SBI as an incentive to attract senior citizens launched a special retail deposit scheme called ‘SBI Wecare Deposit' with a marginally higher premium of 30 bps. Usually senior citizen investor community on FDs is provided a

On Friday, the Reserve Bank of India (RBI) released a notification on the issue price of the latest tranche of the SGB scheme that will open on 11 May. It will be Series II of the Sovereign Gold Bond Scheme 2020-21

கொரோனா வைரஸால் உலகம் முழுக்க உருவாகி இருக்கும் மிகப் பெரிய பிரச்சனை, அந்த நோயால் பாதிக்கப்படுவது மற்றும் அந்த நோயாளிகளுக்கு சிகிச்சை அளித்து அவரை காப்பாறுவது தான். ஆனால் பொருளாதார ரீதியாக பல ஆண்டுகளாக உருவான வேலை வாய்ப்புகள் எல்லாம் சில நாட்களில் கண் முன்னே காணாமல் போய்க் கொண்டு இருக்கிறது. இது கொரோனாவால் ஏற்பட்டு இருக்கும்