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Stock markets: Sensex falls 315 points, Nifty declines over 100 points to 22,045 in early trade Friday 15 March 2024 05:10 AM UTC+00 |
Advance tax: Hurry up and pay final installment as deadline ends today | Here's step-by-step guide Friday 15 March 2024 07:46 AM UTC+00 Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department. |
SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities Saturday 16 March 2024 02:20 AM UTC+00 Business news: Regulator Securities and Exchange Board of India (SEBI) on Friday (March 15) approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Advance tax: Hurry up and pay final installment as deadline ends today | Here's step-by-step guide Friday 15 March 2024 07:46 AM UTC+00 Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department. |
SEBI pushes for ease of doing business, approves relaxations for FPIs, AIFs, fund-raising entities Saturday 16 March 2024 02:20 AM UTC+00 Business news: Regulator Securities and Exchange Board of India (SEBI) on Friday (March 15) approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Last-minute tax-saving: Five mistakes to avoid that can cost you heavily Tuesday 19 March 2024 05:33 AM UTC+00 Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. |
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY Tuesday 19 March 2024 07:37 AM UTC+00 E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Last-minute tax-saving: Five mistakes to avoid that can cost you heavily Tuesday 19 March 2024 05:33 AM UTC+00 Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. |
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY Tuesday 19 March 2024 07:37 AM UTC+00 E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Last-minute tax-saving: Five mistakes to avoid that can cost you heavily Tuesday 19 March 2024 05:33 AM UTC+00 Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. |
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY Tuesday 19 March 2024 07:37 AM UTC+00 E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Last-minute tax-saving: Five mistakes to avoid that can cost you heavily Tuesday 19 March 2024 05:33 AM UTC+00 Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. |
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY Tuesday 19 March 2024 07:37 AM UTC+00 E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. |
Indian patent office grants record 1 lakh patents in past year Sunday 17 March 2024 07:53 AM UTC+00 |
Flipkart ordered to pay Rs 10,000 to man for mental harassment after cancellation of iPhone order Sunday 17 March 2024 02:35 PM UTC+00 Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month. |
Adani Group to invest 70 per cent of total investments in green energy: Sources Monday 18 March 2024 02:03 AM UTC+00 Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure. |
Stock markets surrender early gains to trade lower amid weak global cues, rupee gains against dollar Monday 18 March 2024 04:53 AM UTC+00 Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044. |
TCS offers Rs 40,000 incentives for rapid hiring, requires 6-month continuity Monday 18 March 2024 11:14 AM UTC+00 |
What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED Monday 18 March 2024 04:03 PM UTC+00 Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances. |
Narayana Murthy gifts shares worth Rs 240 crores to four-month-old grandson in Infosys Monday 18 March 2024 04:31 PM UTC+00 |
Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade Tuesday 19 March 2024 04:21 AM UTC+00 |
Last-minute tax-saving: Five mistakes to avoid that can cost you heavily Tuesday 19 March 2024 05:33 AM UTC+00 Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. |
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY Tuesday 19 March 2024 07:37 AM UTC+00 E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. |
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