An employeeâs 12% basic salary goes into EPF as the employee contribution. The employer matches the employer contribution. But what many miss out on is that only 3.67% of the employer contribution is allocated to EPF while the rest 8.33% goes into EPS. Being ignorant of EPS means Mr. A would lose out on this…
Prostarm Info Systems IPO Day 3 Live: The âš168-crore initial public offering (IPO) of Prostarm Info Systems, a firm specializing in integrated power solutions, will end today (Thursday, May 29). Prostarm Info Systems IPO price band is set at âš95-105 per share. The company provides a variety of integrated power solutions, focusing particularly on UPS…
Nvidia share price jumped as much as 6 per cent in afterhours trading on Wall Street after the IT giant posting record-breaking revenue and data center sales for the first quarter. The IT giant stock climbed to $142.22 apiece on Nasdaq in afterhours trading, against previous close at $135.50. Nvidia Q1 results 2025 The company…
Breakout stocks buy or sell: The benchmark indices, Sensex and Nifty 50, declined for a second straight session on Wednesday, May 29, due to weak global signals. The Sensex dropped 239 points, or 0.29%, to settle at 81,312.32, while the Nifty 50 slipped 74 points, or 0.30%, closing at 24,752.45. Meanwhile, the BSE Midcap index…
Two stock recommendations for today, 29 May, by MarketSmith India: Indraprastha Gas Ltd (current price: âš213) Why itâs recommended: Expansion into new markets, government support, and regulatory moat Key metrics: P/E: 21.37 | 52-week high: âš 285.18 | Volume: âš 113.69 crore Technical analysis: Reclaimed 200-EMA Risk factors: Policy and regulatory risks, competition and market…
Coal-fired plants asked to boost stockpiles by 10%, cut imports Move seen as bid to support coal prices, now at four-year lows Traders sceptical that guidelines will spur additional buying BEIJING, – China is pressing its coal-fired power plants to stockpile more of the fuel and import less in an effort to shore up domestic…
(Bloomberg) — Wall Street keeps inventing new ways to ride the digital-currency boom â from amped-up ETFs and tokenized funds to structured products â and crypto competitors keep circling. But the trade still delivering the biggest rewards belongs to Michael Saylor. His firm, now branded as Strategy, formerly known as MicroStrategy Inc., pioneered the original…
Canadian dollar falls 0.2% against the greenback Extends pullback from a seven-month high Price of U.S. oil settles 1.6% higher Canada-U.S. 10-year spread widens 5.1 basis points TORONTO, May 28 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Wednesday as recent U.S. economic data bolstered the appeal of the American currency…
NEW DELHI : The government has told e-commerce firms to hold annual internal audits to detect and remove deceptive online practices known as dark patterns, as part of a âjoint strategy” to protect consumer rights in the digital economy, consumer affairs minister Pralhad Joshi said on Wednesday. A joint committee of government officials, industry leaders,…
Finance and corporate affairs minister Nirmala Sitharaman has directed public-sector general insurance companies (PSGICs) to develop innovative insurance products tailored to new and emerging risks, including cyber fraud, and to diversify their product portfolio in line with evolving consumer needs in a bid to strengthen operations and generate profits. Three PSGICsâOriental Insurance, United India Insurance…
