The Economic Times



Equity and retirement planning: Why you should not invest only in traditional instruments

What does equity do to a retirement portfolio? It offers long-term growth.

Staff takeover deals in IT see retention perks

Indian IT has seen about a dozen such contracts in the past two years as clients seek their ex...

Uber analysts say India food unit sale ends ‘dark chapter’

The deal was a “smart, strategic” move and “shows strong execution on the part of ...

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  • Foreign fund managers have cut their stake in Infosys at a time when two whistleblower complaints hit the software major. In comparison, during the same period, these fund managers increased their stakes in Tech Mahindra and TCS, while in Wipro and HCL Tech their stakes were almost unchanged.

    They have all heard the story of Trump's pressure on Ukraine. Only a handful claim to have not made up their minds on whether Trump should be removed from office. And the outcome — the impeached president's acquittal — seems clear. Still, the trial is expected to cover tedious, familiar territory six days a week until it is resolved.

    In 2019 alone, fintech startups raised $2.6 billion, the highest ever in any year and double the capital inflow in 2018, as reported by ET earlier. The overall investments in the fintech sector was $7.4 billion in the decade ended 2019.

    Rural development ministry has invited applications for the post of director general of the National Institute of Rural Development and Panchayati Raj (NIRD&PR) to be done directly or through deputation for w term of five years from the date of assuming charge or until the age of 60 years, whichever is earlier.

    Taking a cat nap, or power nap is increasingly being encouraged after studies have shown that an energy nap boosts brainpower and productivity at work.

    Yadalam should opt for the NPS benefit offered by his company. Under Sec 80CCD(2), up to 10% of the basic salary put in the scheme is tax free.

    Southern Peripheral Road offers an exclusive continental lifestyle.

    Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hence in this way, you can optimise your tax by rejigging your income and investments.

    NLC India paid its employees a total Rs 26.83 crore, which included two special golden jubilee increments from January 2006. In 2009, it distributed two-gram gold coins to employees completing 30 years of service in the company.

    The increase in volume terms has been 3.89 million tonnes, an official statement said. December’s production witnessed 16% month-on-month growth compared to November 2019. It said two of the company's best producing companies South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields turned around in December 2019 with production growths of 11.3% and 10.1% respectively.

    CIL is also hoping to increase fuel stocks at power plants to the prescribed level of 22 days, estimated at 36 million tonnes, by the end of January. At the end of 2019, total coal stock at power plants and mine mouths was 57 million tonnes. Stocks at pit heads stood at 25.3 million tonnes, ahead by 2.1million tonnes than the year-ago period.

    A Silicon Valley CEO was fired for allegedly spending over $75K at strip clubs and charging it to a company credit card.

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