India’s net direct tax collections have surged by 13.13% to over Rs 21.26 lakh crore so far this fiscal year, according to government data released on Monday. This growth is largely attributed to higher advance tax collections, with the government collecting Rs 10.44 lakh crore from four instalments of advance tax, compared to Rs 9.11…
Zerodha founder & CEO Nithin Kamath (File Photo) Zerodha founder & CEO Nithin Kamath has emphasised on the critical role of risk management in ensuring the success of traders, particularly in volatile market conditions. In a X (formerly Twitter) post, Kamath shared insights based on his experience as both a trader and broker. Kamath noted…
Gold’s performance as both a safe haven and wealth generator has garnered attention, with its 17% three-year returns outpacing Sensex’s 11.6% Gold has since ages been seen as a safe haven investment bet, especially in riskier times when other asset classes face uncertainty. But is gold just a safe haven investment or is it also…
Gold and silver prices reached fresh record levels on Monday, surging by Rs 1,300 each, driven by strong global market trends amid rising concerns over US tariffs, trade tensions, and expectations of monetary policy easing by the Federal Reserve.According to the All India Sarafa Association, gold of 99.9% purity surged by Rs 1,300, hitting an…
Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks of March, FPIs sold equities worth Rs 30,015 crore across both primary and secondary markets, bringing the total outflow for the fiscal year to Rs…
Regarding Bitcoin’s potential decline, Schiff observed that with the Nasdaq already showing a 12% decrease. Will Bitcoin crash to $20,000 if Nasdaq enters a bear phase? Peter Schiff, a seasoned investor and Bitcoin critic has said that world’s largest cryptocurrency, Bitcoin, may be in for a poor show if the Nasdaq gets into bear territory.Cryptocurrency…
Srikanth Bolla stands as a prominent Indian business leader who currently heads Bollant Industries Private Limited as its CEO, co-founder and Chairman. ‘Shark Tank India‘ has a new addition to its panel – Srikanth Bolla, who serves as the founder and chairman of Bollant Industries. Bolla announced this through his social media handles. He posted…
NEW DELHI: Uncle Sam expects visitors from India to continue growing at the fastest rate till the end of this decade — as it has seen happen post Covid. The US government’s National Travel and Tourism Office (NTTO) has forecast visitors from India will more than double at 201% from 2019’s 14.7 lakh in 2029,…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 17, 2025) are HPCL and Varun Beverages. Let’s take a look: Stock CMP Target Upside HPCL 324 490 51% VBL 488 680 39% HPCL:HPCL’s 3QFY25 earnings beat estimates, driven by…
MUMBAI: The number of consents under the account aggregator system has been growing 12% every month with the value of total number of loans facilitated by the framework crossing Rs 1.3 lakh crore as of December 2024.According to a report on the account aggregator platform by Sahmati, the number of borrower consents for providing access…
