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Why target date funds must be introduced in India for retirement planning
Many developed nations have ‘defined contribution’ retirement savings instruments known as the target date funds. India still doesn’t have these, but globally, such schemes manage nearly $2.3 trillion in assets.
With the growing focus on…
Maruti Suzuki attains 50L sales-mark cumulatively
New Delhi: Automobile major Maruti Suzuki India (MSIL) has attained the mark of 50 lakh sales cumulatively in rural markets.
At present, nearly 40 per cent of the total MSIL sales come from rural markets.
The company currently has…
Samsung Galaxy M21 2021 Edition now in India
New Delhi, July 21 Samsung India on Wednesday launched a new Galaxy M21 2021 Edition smartphone that will be available in two storage variants starting at Rs 12,499.
The smartphone, which will be available in India from July 26 onwards,…
Byju’s acquires US-based Epic for $500mn, to invest $1bn in US
Bengaluru, July 21 Leading online learning platform Byju's on Wednesday said it has acquired Epic, the world's leading digital reading platform for kids 12 and under, for $500 million. The big acquisition comes on the heels of it buying the…
6 Things I Wish I’d Known When I Bought My First Car
Whether you’re a young adult entering college or a city dweller finally giving up on public transit, buying your first car represents a new chapter in life. But being a newbie to the car-owning world can lead to some costly maintenance…
5 reasons for making NPS your main retirement vehicle
India’s senior citizen demographic has been a matter of justifiable pride. This is the wealth-building generation that contributed to the GDP before globalization. They “made it” without bank loans freely being available back then. You…
Jeff Bezos on board spaceship New Shepard, breaches Zero Gravity
Accompanied by his 81 year old elder Brother Wally Funk and 18 year old Oliver Demon, creating several records, opened the sky for commercial flights. Bezos' was the second trip into space after Richard Branson's adventure last week
Tata Steel Mining and Jindal Stainless will jointly mine chrome ore in Odisha
New Delhi: Tata Steel Mining Limited (TSML), a 100 percent subsidiary of Tata Steel Limited and Jindal Stainless Limited (JSL) have signed a memorandum of understanding (MoU) on July 16 to jointly unearth the chrome ore locked up in the…
MCL to supply 100 MT coal from Talcher coalfields: CMD
Talcher: State-run Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has planned to supply 100 MT coal from Talcher coalfields, as it moves steadily to achieve the coal production and despatch targets in financial year…
S Korea readies law to curb Google’s in-app billing system
Seoul: South Korean lawmakers decided on Tuesday to press forward with legislation that restricts app market operators from wielding their dominance in determining how digital goods payments are processed in a move widely seen as reining in…
NFTically raises seed funds, launches global marketplace for NFTs
New Delhi, July 20 NFTically, a unique global non-fungible token (NFT) marketplace from India, on Tuesday announced it has raised seed fund from Polygon Matic CEO and angel investor Jayanti Kanani and others.
NFTically enables content…
Longest pause in weeks, no change in fuel prices for 3 days
New Delhi: The oil marketing companies (OMC) continued to pause fuel price revision for the third consecutive day, the longest period in weeks, as global development on oil production has softened crude and product prices.
Accordingly,…
Wipro investing $1 bn to expand cloud services
Bengaluru, July 20 Global software major Wipro on Tuesday said it would invest $1 billion (Rs 7,454 crore) over the next 3 years to expand cloud services for business transformation of its clients worldwide.
"We will invest $1 billion…
Does Headlight Cleaning and Restoration Make a Difference?
When most people think of headlight maintenance, what first comes to mind is changing bulbs when they burn out. However, as a vehicle ages another culprit can strike: foggy headlights. With the average age of vehicles on the road growing to…
Here are two products for investors who missed the market rally
Investors seem to be willing to take more risks in bullish markets.
This could be because they believe markets will remain strong or because they missed the bus earlier. This is very typical of bull markets.
I see many queries in…
Tata Steel Mining and Jindal Stainless will jointly mine chrome ore in Odisha
New Delhi: Tata Steel Mining Limited (TSML), a 100 percent subsidiary of Tata Steel Limited and Jindal Stainless Limited (JSL) have signed a memorandum of understanding (MoU) on July 16 to jointly unearth the chrome ore locked up in the…
OFB Corporatisation: Govt responds on safeguarding employees’ interests
New Delhi: The government on Monday responded to the question on safeguarding the interests of the OFB employees post corporatisation. Govt said that steps are being taken to safeguard the interests of employees of the Ordnance Factory…
All efforts being made to complete Delhi-Mumbai Expressway project expeditiously: Gadkari
NEW DELHI: Road Transport and Highways Minister Nitin Gadkari on Monday said all efforts are being made to complete the Delhi-Mumbai Expressway project expeditiously.
In a written reply to a question in the Rajya Sabha, Gadkari said, out…
Tour operators’ delegation meets FM, seeks raising SEIS scrips’ benefit to 10%
New Delhi: A delegation of the Indian Association of Tour Operators (IATO) called on Union Finance Minister Nirmala Sitharaman at her office on Friday, and urged her to increase SEIS duty credit scrips percentage to 10 per cent.
SEIS or…
Reliance Retail to acquire controlling stake in Just Dial for Rs 3,497 cr
Mumbai: Reliance Retail Ventures Limited (RRVL), Just Dial and VSS Mani and others on Friday executed definitive agreements which will entail preferential allotment of 2.12 crore equity shares, equivalent to 25.33 per cent post preferential…