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Trust AMC launches maiden mutual fund
New Delhi: Trust Asset Management Company on January 12 announced the launch of its maiden mutual fund. | The new fund offer (NFO), Trust MF Banking & PSU Debt Fund, is an open-ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds. The NFO will open […]
Press Trust of IndiaJanuary 13, 2021/9:05 AM IST -
I-T returns: Income Tax Department says 5% more returns filed this year
New Delhi: Income tax returns filed this year have risen by about 5 percent to nearly 6 crore, the I-T Department said. Over 5.95 crore income tax returns (ITRs) for the fiscal year ended March 31, 2020 (2019-20) were filed by January 10. The ITR filing deadline for individuals ended on January 10 while for […]
Press Trust of IndiaJanuary 13, 2021/8:47 AM IST -
IBM receives record 9,130 US patents in 2020; India second-highest contributor
New Delhi: Tech giant IBM on Tuesday said it has received 9,130 US patents in 2020 — topping the US Patent List for the 28th consecutive year — with India being the second-highest contributor. “IBM scientists and researchers received 9,130 US patents in 2020,marking 28 consecutive years of IBM patent leadership,” IBM said. IBM India […]
Press Trust of IndiaJanuary 12, 2021/1:58 PM IST -
D-Street movers and shakers: These stocks that moved the most on January 12
Despite opening in the red partly due to the remarks made by RBI Governor Shaktikanta Das on the stability of banks, benchmark indices staged a strong recovery and rallied for the third consecutive day to end at record highs. Sensex was up 247 points or 0.50 percent to close at 49,517 while Nifty rose 78 […]
Harsh ChauhanJanuary 12, 2021/1:24 PM IST -
Don’t let your saving sit but decide if you want it to crawl, walk or may be run for you!
Work-earn-spend, Work-earn-spend- repeat. If this is the pattern of your earning and spending, it’s time to break this chain. You work to earn and spend what you earn but you aspire to earn more, spend more and live better to fulfil your aspiration it’s just not important that you save but put your savings to […]
Priyanka SambhavJanuary 12, 2021/12:57 PM IST -
Auto lease or buy: Let the numbers talk
Indians have bought upwards of 20 million vehicles in 2019-29. Almost 13% of these are cars. So, if you are planning to buy your first car or looking at changing cars, bear in mind that most auto companies are also offering long term leasing options. It serves well to calculate your costs before deciding on […]
Kartik MalhotraJanuary 12, 2021/12:45 PM IST -
ELSS vs PPF: Which tax saving option suits you the best?
When it comes to saving taxes we often get confused whether to go for traditional Public Provident Fund (PPF) or investing in the stock market through Equity Linked Saving Schemes (ELSS). Here is a primer on what these two tax-saving schemes offer and how to choose between them: Equity Linked Saving Scheme (ELSS) What is […]
Teena Jain KaushalJanuary 12, 2021/12:43 PM IST -
Here are YES Securities’ top 9 stock picks for 2021
Brokerage YES Securities believes that the best for the Indian equity market is yet to come despite more than 15% return in 2020. It says this is an opportune time to tweak and tighten the equity portfolio. Therefore, it recommended nine stocks which can deliver a double-digit return to investors this calendar year. This includes […]
Rahul OberoiJanuary 12, 2021/12:27 PM IST -
Domestic hospitality industry to contract by 65% in FY21: Icra
Mumbai: The domestic hospitality industry is likely to witness a decline of over 65 percent in 2020-21, according to a report. There may be a recovery in demand in the later part of financial year 2021-22 as vaccine rollouts gains traction, it said. In a report, rating agency Icra said it expects the industry to […]
Press Trust of IndiaJanuary 12, 2021/12:18 PM IST
