In equity markets, holding duration dictates net returns. By Archit GuptaMost investors spend weeks deciding what to buy. Very few spend even an hour planning how they will sell. Yet the tax on an investment is charged when you realize your gains, not when you deploy your capital.This gap matters today more than ever. India…
At the upper end of this range, the IPO values Jio Platforms at approximately $108 billion. Jio IPO subscription: Jio Platforms Ltd’s Rs 30,213-crore initial public offering (IPO) received bids worth more than Rs 50,000 crore by mid-afternoon on Wednesday.Investors subscribed to 2.35 times the shares available on the first day. The issue had already…
Rupee gains against US dollar NEW DELHI: Rupee jumped nearly 0.5% against the US dollar on Wednesday, climbing to a six-week high of 94.50. The rally came as foreign currency inflows linked to the Jio IPO and gains at the Dalal Street supported the currency. At the same time, support from the Reserve Bank of…
SBI identifies 3,897 customer records in dark web data exposure NEW DELHI: The State Bank of India (SBI) on Wednesday said that it has identified 3,897 customer records containing personally identifiable information (PII) in data suspected to have been exposed on the dark web. The bank has launched a detailed investigation to establish the authenticity,…
SpaceX revenue surges 161% to $14.6 billion in Q3 SpaceX’s Super Intelligence business has become the biggest driver of the company’s latest quarterly growth, helping Elon Musk’s aerospace company report a net profit of $4.4 billion in the July-September quarter.Revenue more than doubled from a year earlier, rising 161 per cent to $14.6 billion, while…
On September 22, 2026, the ITAT Jaipur ruled in the retired bank employee’s favour. (Image for representative purpose only) Leave encashment is tax-free up to a limit for non-government employees. While the limit was earlier Rs 3 lakh, it was revised to Rs 25 lakh in 2023. There is no such upper limit for government…
Stock market began the session in green, with GIFT Nifty signalling a positive opening after BSE Sensex and Nifty fell more than 1% in the last trading session. Global cues offer some support, as Asian shares rise following gains on Wall Street and strong early corporate earnings. However, elevated crude oil prices, Middle East supply…
Top stocks to buy or sell today Stock market recommendations: Premier Energies, Jio Financial Services, and ICICI Life Insurance have been identified as top stocks to sell today by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for October 21, 2026. He sees ABB as a buy call. Let’s take a look:Premier Energies: Sell…
Reliance Industries Ltd, led by billionaire Mukesh Ambani, will continue to hold a majority stake in Jio Platforms following its stock market listing. Jio Platforms IPO: India’s largest Initial Public Offering (IPO) till date opens for subscription on Wednesday. Jio Platforms plans to raise approximately Rs 30,213 crore through a fresh issue of up to…
Oil prices climb over 1% (representative image) Oil prices rose on Wednesday as traders weighed concerns over Middle East supplies amid growing risks to shipping in the Red Sea and threats to oil infrastructure in Saudi Arabia.Brent crude futures climbed $1.34, or 1.23 per cent, to $110.10 per barrel, while US West Texas Intermediate (WTI)…
