Latest posts
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Swiggy ‘cost for two’ misleading? What Delhi consumer court’s ₹1 lakh order means for diners
A Delhi consumer court directed Swiggy and a restaurant to pay ₹1 lakh as compensation over unfair trade practices. The order was passed by a three-member bench as per LiveLaw.
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Invested in gold, silver, debt or equity ETFs? Check how capital gains tax maths differs across these mutual funds
Gold, silver, equity and debt ETFs do not face the same tax treatment when you sell. The holding period, type of ETF and size of gains can affect how much tax you pay. Here’s a look at the key rules and how the tax maths works for each category.
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Sun Pharma’s US Business Under Pressure: Can New Launches Drive a Recovery?
The article outlines the slowdown in the company’s US business and how it will counter it, as it continues to operate in the business of manufacturing, developing, and marketing a wide range of branded and generic formulations and Active Pharmaceutical Ingredients. With a market capitalization of Rs 4,34,280 crore, Sun Pharmaceutical Industries Ltd’s share closed…
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International mutual funds: Check fresh SIP and lump sum investment options; one PGIM scheme to reopen on October 8
International mutual funds are again seeing investment restrictions change within days. While lump-sum investment options remain limited, some funds continue to accept SIPs, subject to specific conditions. Here’s what has changed and why these funds keep opening and closing.
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Sleepless on Wall Street: All-night stock exchanges coming soon
US equity exchanges will begin extended trading hours with an overnight session from 9 p.m. to 4 a.m. starting December 6. The changes aim to cater to growing foreign investor interest and compete with crypto markets. However, concerns about market liquidity and increased risks during these hours are prevalent among institutional investors. Pre-existing trading volumes…
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Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid
The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.
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Interarch Building Solutions: Can Data Centre Demand and ₹1,850 Cr Order Book Support 42% Revenue Growth?
The article outlines the order book, growth outlook, and data center opportunity for the company, which is India’s second-largest integrated turnkey pre-engineered steel construction solution provider by capacity With a market capitalization of Rs 2,808 crore, Interarch Building Solutions Ltd’s share closed at Rs 1,670 per share, flat from its previous close. The stock of…
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Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide
Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.
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Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a slight deterioration in the labor market. Traders decreased expectations for another Federal Reserve interest rate hike later this year, with less than a 20% chance for October. Despite a recent…
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Finolex Cables Is Expanding Fibre Capacity: Can Data Centre Demand Drive Growth?
Finolex Cables is embarking on a new investment phase focused on expanding its electrical and communication-cable capacities. The company is enhancing fibre-draw capacity, establishing backward-integration facilities, and investing in its manufacturing network. The critical question remains whether demand will rise sufficiently to utilize the new capacity and enhance productivity. Finolex Cables was trading around ₹1,450…