The Centre fixed the ceiling for ad hoc bonuses for central government employees at Rs 7,000 for 2022-23 on Tuesday, ahead of the festive season. In a recent notification, the Union Finance Ministry's Department of Expenditure (DoE) stated...

Investing in Systematic Investment Plans (SIP) is frequently commended as an efficient way to reach long-term financial objectives. With an ambitious objective of Rs 10 crore by the age of 60 and an estimated annual return of 12%, it is critical...

The consulting space is at the cusp of a revolution, especially when businesses are heading towards 2024. If we look at today’s versatile and disruptive market, businesses, irrespective of industry verticals, are constantly seeking ways to...

Avendus said that it will begin offering investment banking services from Singapore in order to capitalize on the anticipated technology sector dealmaking boom in Southeast Asia. According to Avendus managing director Karan Sharma, the Singapore...

SIPs into mutual funds reached an all-time high in September, surpassing the Rs 16,000-crore mark for the first time, although inflows into small and midcap funds eased due to sky-high valuations in select stocks.  Despite a drop in net...

According to AMFI data, the net AUM of Balanced Advantage Funds (BAFs) exceeded Rs 2.14 lakh crore as of September 30. Since July 2023, the BAFs have seen increased net inflows as investors seek consistent returns. BAFs, which invest in a...

According to Reuters, Chennai-based space firm Agnikul Cosmos announced on October 17 that it has acquired an extra $26.7 million in investment ahead of its debut rocket launch. Agnikul is derived from the Hindi and Sanskrit words for fire....

Maruti Suzuki India intends to issue shares to Suzuki Motor Corporation (SMC) for the acquisition of its Gujarat unit at a price of Rs 10,421. According to a filing with the markets, the company's Board of Directors approved the purchase of...

Despite the sale of the US currency by the RBI, the rupee ended at a new closing low of 83.28 against the dollar. This is due to the mounting pressure and rising fears that the Israel-Hamas conflict may draw in its neighbors. Due to this, concerns...

An international proxy advisory firm, Institutional Shareholder Services Inc., has advised shareholders to vote against the proposal to appoint billionaire Mukesh Ambani's youngest son, Anant Ambani, to the board of the family-controlled...