The PPF investment limit was last hiked in 2014, when the government increased the maximum annual contribution from Rs 1 lakh to Rs 1.5 lakh. The Public Provident Fund (PPF) is a popular and safe investment that gives assured and tax-free returns. At 7.1% tax-free, it offers higher returns than what other fixed income options…
The all-India House Price Index (HPI), compiled by the Reserve Bank of India (RBI) using transaction-level data from 18 major cities, rose 3.6 per cent year-on-year in the first quarter of the current fiscal, the central bank said on Thursday.The RBI said the growth moderated compared with the 7.6 per cent increase in the same…
The Indian government is signalling a warmer reception for Chinese investment in electronics manufacturing, provided companies commit to technology transfer and local workforce training, officials said.This could improve the chances of Chinese joint ventures clearing the stricter scrutiny currently applied to investments from neighbouring countries, a ministry of electronics and IT (MeitY) official said.“The ECMS…
TCS Q2 results FY 2025-26 TCS Q2 results: Tata Consultancy Services (TCS), India’s largest IT services firm, on Thursday reported a net profit of Rs 12,075 crore for the quarter ended September, 2025.The net profit saw an increase of 1.4% compared to Rs 11,909 crore in the previous year. The profit after tax (PAT) fell…
The government has moved a step closer to boosting India’s self-reliance in rare earth magnets, with a key panel approving a Rs 7,300 crore scheme to support local manufacturing. These magnets are essential for electric vehicles, wind turbines and a range of consumer electronics.The expenditure finance committee (EFC), which functions under the finance ministry, cleared…
China has sought assurances from India that heavy rare earth magnets they supply will be utilised exclusively for domestic requirements. (AI image) China will export rare earth magnets to India only if it assures that they will be used for domestic needs and will not find their way to the US. Indian companies have already…
According to analysts, markets are expected to trade within a range. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Thursday. While Nifty50 was above 25,050, BSE Sensex was just below 81,800. At 9:16 AM, Nifty50 was trading at 25,059.40, up 13 points or 0.053%. BSE Sensex…
Karva Chauth, which falls just days before Diwali, will be celebrated on October 10 this year. Many are wondering if banks will observe a holiday on this day.With a host of festivals in October, it is advisable to check the bank holiday schedule in advance to plan any banking activities smoothly. The RBI’s pre-released holiday…
Gold has surpassed the crucial psychological mark of $4,000, signaling strong bullish momentum. (AI image) Gold and silver price prediction today: Gold and silver prices are exhibiting bullish momentum, reaching new highs, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and silver: MCX Gold Price…
Asian markets were mixed on Thursday as investors tried to assess the global AI-driven rally, US interest rate moves, and the continuing government shutdown in Washington.Japan’s Nikkei gained 1.29% or 614 points trading at 48,349, while HSI dipped 9 points or 0.03% to reach 26,820 at 9:30 AM IST. In India, NSE benchmark Nifty traded…
