Mafatlal Industries reports a softer yet profitable first quarter for FY27, driven by growth in textiles and digital infrastructure, while shifting focus to higher-margin streams amid a subdued order pipeline. Mafatlal Industries has reported a softer but still positive first…
Investors looking to buy physical gold should focus on market calm, real interest rates, and seasonal patterns while avoiding common pitfalls such as panic buying and neglecting storage arrangements, to optimise long-term value. Buying physical gold is less about chasing…
Hindalco Industries reports a 75% increase in profit and a 58% rise in EBITDA in Q1 FY27, driven by domestic growth and strategic sustainability initiatives, including a significant shift towards renewable energy and increased recycling efforts. Hindalco Industries said its…
Retirees seeking regular income can now choose non-cumulative FDs with higher interest rates and flexible payouts, though they must carefully consider tax implications and rate fluctuations to meet monthly income goals of ₹10,000. A fixed deposit can still appeal to…
Investors often fall prey to misconceptions about mutual funds, from confusing NAV with share price to overestimating recent performance. Experts warn such myths can lead to poor long-term decisions, emphasising the importance of understanding risks, costs, and investment strategies. Mutual…
Workers often focus on gross salary figures, but deductions such as tax, provident fund, and insurance significantly reduce the take-home pay, affecting budgeting and savings. Experts highlight how different salary structures and tax regimes influence net income. The figure on…
Odisha’s cabinet approves 10 proposals across six departments, boosting semiconductor manufacturing, renewable energy policies, and large-scale irrigation projects, signalling a strategic push for faster industrial and social development. Odisha’s cabinet has approved 10 proposals spanning six departments, with a package…
Bank of Baroda and Canara Bank have increased their marginal cost of funds-based lending rates (MCLR) effective August 12, leading to higher monthly EMIs for borrowers amidst tightening monetary conditions in India. Borrowers linked to the marginal cost of funds-based…
The resignation of Tata Sons chairman N Chandrasekaran amid ongoing stake negotiations with the Shapoorji Pallonji Group complicates efforts to resolve a protracted dispute, with potential implications for Tata’s corporate strategy. N Chandrasekaran has stepped down as chairman of Tata…
Telangana continues its streak as India’s inflation outlier for a seventh month, driven by rising prices in essential goods and a revised Consumer Price Index, highlighting shifting household expenditure patterns. Telangana has remained India’s inflation outlier for a seventh straight…
