According to an exchange filing, India’s largest IT company, Tata Consultancy Services (TCS) appointed Economic Subramanian as its new Executive Director -Chairman and Chief Operating Officer (COO), effective from May 1, 2025. According to filing data, Subramanian has been designed to serve five years in a new position as it is as COO in the … Read more
Online brokerage platform Zerodha’s Chief Executive Officer (CEO) Nithin Kamath, in a social media post on platform X, highlighted that purchasing life insurance and health insurance is the first thing essential for anyone starting on their personal finance journey. Also Read | Zerodha’s Nikhil Kamath, Nithin Kamath gift ₹1.5 crore Mercedes GLS to mom “The … Read more
Tata Group’s IT-enabled services arm, Tata Technologies, on Tuesday, March 11, announced some key leadership changes as a part of its strategy to support clients across its client base of automotive, industrial heavy machinery, and aerospace sectors, reported the news agency PTI. Tata Technologies shares closed 1.14 per cent lower at ₹646.95 after Tuesday’s stock … Read more
Nifty maintains positive short-term trajectory, though struggling at resistance levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday. While BSE Sensex moved up over 300 points, Nifty50 crossed 23,100. At 9:22 AM, BSE Sensex was trading at 76,297.32, up 158 points or 0.21%. Nifty50 … Read more
New Income Tax Bill 2025 (AI image) New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the existing 823-page law that has been in effect for 64 years. The New Income Tax … Read more
In a written communication to Sri Lanka’s Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government’s stance. The Adani Group on Thursday said that it has pulled out of further engagement in a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement.In a media … Read more
For 2023-24, EPFO offered 8.25% interest on earnings of ₹1,07,000 crore. Latest EPFO interest rate: The EPFO might maintain the provident fund deposits interest rate for 2024-25 near the previous year’s 8.25% when its central board of trustees (CBT) gathers on February 28, according to informed sources.For 2023-24, EPFO provided 8.25% interest on ₹1,07,000 crore … Read more
Jefferies has initiated its coverage of recently listed ITC Hotels with a ‘buy’ recommendation with a target price of Rs 240 (+37%). Analysts feel the company is seeing continuation of the long tenured hotels management team and post demerger, they believe that the independent new existence will help improve focus on return/growth. ITC Hotels is … Read more
BENGALURU: Commerce and industry minister Piyush Goyal said the combination of growth driven by consumption, alongside growth propelled by investment can serve as twin pillars for India’s economic advancement. “Economists will tell you that consumption-led growth, coupled with investment-led growth, can together become the twin pillars on which India’s growth story will rapidly scale up,” … Read more
NEW DELHI: Retail inflation eased to a five-month low in January as vegetable prices moderated, bringing much-needed relief to authorities battling stubborn price pressures, while industrial output growth slowed, led by a sluggish manufacturing sector. Data released by the National Statistical Office (NSO) on Wednesday showed retail inflation, as measured by the consumer price index … Read more
NEW DELHI: Just four states – Gujarat, Odisha, West Bengal and Maharashtra – have managed to lower the debt to gross state domestic product (GSDP) ratio, while Punjab and Tamil Nadu have been the worst performing, seeing the steepest increase, according to a new paper by economists.The paper by NCAER economist Barry Eichengreen and the … Read more
D-Street Smart: Volatility drives investors from thematic schemes to hybrid fundsMUMBAI: Retail investors continued to pour money into mutual funds in Jan despite a volatile stock market. Monthly gross SIP inflows remained steady above Rs 26,000 crore in Jan, industry body Amfi’s data showed. The volatile market conditions, however, prompted investors to prefer hybrid funds … Read more