TOP NEWS - MONEY
The 3-bucket retirement strategy involves appropriating the retirement fund in 3 buckets: liquidity, safety, and wealth creation.
Sovereign Gold Bonds (SGBs) offer protection against risks associated with physical gold holdings. Eligible investors in India can invest in SGBs and benefit from the market value of gold at redemption. SGBs provide tax benefits on capital gains and indexation benefits.
You have to cross the threshold of 182 days or more stay in India in order to qualify as a tax resident of India.
Two fintechs enter regulatory grey zone to offer crypto and digital gold as card rewards
REITs allow investors to participate in the real estate market without direct ownership, offering returns through dividends and potential capital appreciation. Investing in REITs through a demat account involves choosing a broker offering access to REIT investments, researching suitable REITs.
TOP NEWS - MARKETS
During an analyst call, NSE’s MD & CEO Ashishkumar Chauhan said that Sebi has returned the exchange’s proposal to increase trading time due to a lack of consensus among the broker community, the report added.
Indegene IPO includes an offer-for-sale of equity shares and a fresh issue totaling ₹1,841.76 crore. Various parties are selling their holdings. Proceeds will fund growth and debt repayment. Lead managers are Nomura, Citigroup, J.P. Morgan, and Kotak Mahindra. Registrar is Link Intime.
Sensex Today Live Updates : Foreign institutional investors (FIIs) net sold ₹2,168.75 crore shares, while domestic institutional investors (DIIs) pumped in ₹781.39 crore on May 6, provisional data from the NSE showed.
Nifty 50 Share Price Live Updates: At 09:00 Nifty 50 was trading at 22442.7 (-0.15%). Today Nifty 50 has been trading in the range of 22588.8 to 22409.45.
Bank Nifty Share Price Live Updates: At 09:00 Bank Nifty was trading at 48895.3 (-0.06%). Today Bank Nifty has been trading in the range of 49252.65 to 48784.
TOP NEWS - COMPANIES
Q4 FY2024 Results: Around 42 companies, including Dr Reddy's Laboratories, Voltas, JSW Energy, Pidilite Industries, United Breweries, IDFC, Hindustan Media Ventures, and PB Fintech, are scheduled to post their earnings on May 7.
Women entrepreneurs face challenges like lack of awareness about government financial schemes, dependency on family credits, and informal borrowing. Only 52% have access to financial credit.
Apart from tightening the approvals process for pharmaceutical products meant for overseas markets, the government’s efforts are also directed at strengthening drug exports
The markets regulator is examining complaints from several shareholders of ICICI Securities who allege that ICICI Bank employees tried to get them to vote for the delisting in late March
The pandemic saw firms world over scrambling to digitise their businesses, a trend that made IT services companies hire people in droves to handle the demand. The pandemic’s gone now, but the hired people are still around, mostly
TOP NEWS - OPINION
Wider health insurance coverage, as with India’s accident care plan, is welcome. But it’s a stopgap at best. We should aim for an efficient state-run healthcare system that covers all.
The services sector PMI was reported at 60.8 in April, the manufacturing PMI was bright too and GST collections have started this fiscal year with a new record high. Reason enough for optimism?
Deploying AI against climate change can make our cities safer, more adaptable and more sustainable. The unequal distribution of climate-driven threats warrants equal opportunities for all of us to upskill and adapt.
Amazing but slavish creative tools can’t really rival human minds. Companies need creative thinkers who will challenge their ideas, and they won’t get that from AI bots.
From having motivated teams and unbiased advisors to ‘good bureaucracy’ and governance, startups must focus on relevant metrics to measure their growth. They can draw vital lessons from the longevity of large firms.