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ELSS or PPF, which is a better tax-saver?
Investments in these schemes are eligible for a deduction of up to Rs 1.5 lakh under Section 80C of Income-Tax Act
Results to be published every 15 days
What is of particular concern is that SBI small-cap fund, which is India’s 3rd largest small-cap fund, will need at least 60 days to liquidate 50% of its portfolio.
MFs may take up to 27 days to liquidate small cap funds
The test is meant for investors to understand how liquid their mutual fund assets are. The test will also keep the MFs on their toes regarding liquidity and be prepared for any sudden redemptions.
Fuel prices cut Rs 2/litre before poll announcement
Petrol in the national capital will now cost Rs 94.72 a litre as compared to Rs 96.72 per litre previously while the price of diesel will now come to Rs 87.62 as opposed to Rs 89.62
Car thieves 240% more successful in 2023 than 2022
The city where thieves have been most successful is the national capital which has reported the maximum number of thefts
SIB, Federal Bank stop issuing co-branded credit cards
According to RBI, co-branded cards should explicitly indicate that the card has been issued under a co-branding arrangement with clear mention of the card-issuer
India’s capex push will remain buoyant
Capex upswing currently visible in India is similar to the crest it witnessed during 2003-2007
MF stress test result on 15th March
In response, bloodbath ensued in the market, with the BSE SmallCap Index dipped by 5.11%, along with BSE Midcap Index, which slumped by 4.20%. Investors collectively lost around Rs 13 lakh crore in the markets on Wednesday
Markets just a bit 'bubbly': Kotak
Kotak also pitched for greater quality on the taxation front between equity and debt, as asset classes to give more clarity for investors and incentivise the right set as per priorities
E-car sales hit 5-month low on lower discounts
Government of India gives subsidy to the tune of Rs 10,000/kWh subject to maximum of 20 per cent of ex-factory price of E4Ws

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