Bajaj Housing Finance IPO to hit D-Street on Sept 9; Check issue size, key dates

Bajaj Housing Finance IPO to hit D-Street on Sept 9; Check issue size, key dates

Bajaj Housing Finance IPO: The initial public offering (IPO) of non-banking financial company (NBFC) Bajaj Housing Finance will open for subscription on September 9. The three-day bidding window will remain open for investors till September 11, 2024. The price band for the mainboard IPO will be announced on Tuesday, September 3 and the anchor book … Read more

‘The Crow’ reveals key money lessons: Financial wisdom from a cult classic reimagined

‘The Crow’ reveals key money lessons: Financial wisdom from a cult classic reimagined

When a cult classic is reimagined, it is natural that we will compare it to the original that was mind blowing visually and aurally, and came with the baggage of the accidental death of the much loved young action star in a story that resonates across generations. James O’Barr wrote the comic book as a … Read more

Oil sits $1 lower on OPEC’s October supply plans; Brent drops 2.5% in August at $79/bbl, WTI down 3.6%

Oil sits $1 lower on OPEC’s October supply plans; Brent drops 2.5% in August at $79/bbl, WTI down 3.6%

International crude oil prices retreated in the previous session as investors weighed expectations of a rise in supply by the Organization of the Petroleum Exporting Countries and allies (OPEC+) starting in October, along with dwindling hopes of a hefty US interest rate cut next month, following data showing strong consumer spending. Brent crude futures for … Read more

Explained: How can income tax be saved on selling urban agricultural land?

Explained: How can income tax be saved on selling urban agricultural land?

I have Long Term Capital Gain (LTCG) on selling an ancestral urban agriculture land. How can I save taxes on such long-term capital gains? Regarding the sale of agricultural land capital gain, which is taxable because it is not farmland and is not treated as a capital asset for taxation purposes, an individual and HUF … Read more

Filatex Fashions share price: This penny stock under ₹2 will be in focus on Monday. Here’s why

Filatex Fashions share price: This penny stock under ₹2 will be in focus on Monday. Here’s why

Penny stock under ₹2: Filatex Fashions’ share price is expected to be in focus when the Indian stock market resumes trading activities on Monday. On Friday, the small-cap stock was in focus for receiving an export order worth ₹293 crore for the supply of 2,97,388 metric tonnes of White Marble. The Company’s subsidiary in the … Read more

Can TDS be deducted in husband’s name while sale proceeds go to wife?

Can TDS be deducted in husband’s name while sale proceeds go to wife?

I want to purchase a property in the joint names of the husband and his wife. The property’s value is above 50 lakhs. The husband insists that the TDS on the sale proceeds of the property be deducted in his name and his name be mentioned in form 26QB. But the net sale amount chequesshould … Read more

Gold rate today: Yellow metal retraces from record high as US dollar index rebounds from seven-month low. Buy or wait?

Gold rate today: Yellow metal retraces from record high as US dollar index rebounds from seven-month low. Buy or wait?

Gold rate today: Following the bounce back in the US dollar index after the revision in the US GDP data, gold prices witnessed some profit-booking on the weekend sessions. Spot gold price retraced from its all-time high of $2,531 per ounce and closed around $2,503 per ounce. On the Multi Commodity Exchange (MCX), gold rate … Read more

Investing for your child’s future: Are mutual funds a good option to consider?

Investing for your child’s future: Are mutual funds a good option to consider?

Securing your child’s future is a top area of priority for every parent and financials have a major role to play in this journey. Responsible parenting goes well beyond providing for their immediate emotional and financial needs. It is also about planning your investments right so that you set them up for long-term financial success … Read more

Sebi tweaks entry and exit rules for stocks in derivatives segment. Here are the details

Sebi tweaks entry and exit rules for stocks in derivatives segment. Here are the details

The Securities and Exchange Board of India (Sebi) has revised the criteria for the entry and exit of stocks in the derivatives segment. Under the revised norms, the regulator has raised the median quarter sigma order size (MQSOS) for the previous six months on a rolling basis to ₹75 lakh from the existing ₹25 lakh. … Read more

Global vs Indian Investing: Why diversification matters for your portfolio?

Global vs Indian Investing: Why diversification matters for your portfolio?

Most Indian investors have primarily focused on the domestic market for various reasons, including strong economic growth and solid fundamentals. This has led many to overlook investment opportunities abroad. Additionally, restrictions on transferring large sums of money outside India and the additional paperwork involved have further contributed to the India focus. Global opportunities and diversification … Read more