The central government has announced the Unified Pension Scheme (UPS), reigniting discussions surrounding pensions. Starting from the next fiscal year, not only will the UPS be implemented, but the government’s financial burden may also increase by over ₹6,200 crore. Over the past few days, there has been considerable discourse regarding the UPS, the National Pension ...
The remarkable journey of the Dhingra Brothers—Kuldeep Singh Dhingra and Gurbachan Singh Dhingra—illustrates how two ordinary individuals transformed a struggling business into a thriving empire. These brothers are the proud owners of Berger Paints, one of India’s leading paint manufacturing companies. Their story is particularly inspiring, especially considering that they took over a company that ...
Gold and Silver Prices Experience Significant Decline On Tuesday, August 27, 2024, the prices of gold and silver witnessed a substantial drop. As the market opened, both precious metals faced a decline of over 200 rupees. Just a day earlier, gold prices had surged past 72,000 rupees, while silver was trading above 85,000 rupees. Experts ...
If you have filed your Income Tax Return (ITR) after the deadline, this news may shock you with its implications. Even if you paid a fine of ₹1,000 or ₹5,000 for filing a belated ITR, the government has made a substantial profit from this process. The Income Tax Department set the last date for ITR ...
If you are looking to earn from the stock market, this news could be of great interest to you. A solar panel manufacturing company is presenting an excellent opportunity, with analysts estimating a potential profit of ₹300 per share. The Initial Public Offering (IPO) of Premier Energies Limited, a company specializing in integrated solar cells ...
As individuals age, concerns about retirement income tended to heighten, particularly when one reaches or surpasses the age of 40. If you’re wondering how to secure a monthly pension of ₹50,000, we have an actionable approach for you through the National Pension System (NPS). Let’s explore what the Unified Pension Scheme (UPS) is and how ...
Although the Reserve Bank of India (RBI) has not reduced the repo rate, leading to high home loan rates, the demand and prices for properties continue to rise consistently. In the first quarter, significant increases in property prices have been observed from Delhi to Chennai. Notably, the highest appreciation has been recorded in the Delhi-NCR ...
Recently, the central government announced the Unified Pension Scheme (UPS) for its employees, which will be available solely to those currently enrolled in the New Pension Scheme (NPS), including retired employees. Under the UPS, employees with a minimum of 25 years of qualifying service are promised a pension equal to 50% of their average basic ...
The Modi government is making every possible effort to accelerate India’s development journey. The central government has been working swiftly to achieve this goal. In the budget, Finance Minister Nirmala Sitharaman highlighted a strong focus on the infrastructure sector, announcing plans for several new highways and expressways. Additionally, new funds have been allocated for the ...
Vedanta Group is formulating a strategic plan worth ₹30,000 crores aimed at reducing its debt and accelerating growth. Introduction Under the leadership of Anil Agarwal, Vedanta Limited is taking significant steps to streamline its operations and finance. The company is devising a special financial plan that involves Qualified Institutional Placement (QIP), Offer for Sale (OFS), ...