Market Mavericks & Trends
The stock market is a mix of ups and downs, with the Sensex and Nifty showing resilience. IPOs like JSW Cement and BlueStone Jewellery are making waves.
Experts predict growth, but caution is advised. The real estate sector is experiencing a boom, particularly for homes in the Rs 50 lakh to Rs 1 crore range. Rental markets are also showing strong growth.
Taxing Times Ahead
The new Income Tax Bill 2025 is here, bringing changes for both salaried individuals and freelancers. With ITR filing deadlines approaching, understand your obligations and the benefits of the old versus new tax regimes. Don't forget, contributions to Section 80G can ease your tax burden. Make sure you have filed your returns before the deadline.
Banking & Finance Shifts
Banks are adapting! ICICI Bank reduced its minimum balance requirement, while SBI adjusted home loan rates. Keep an eye on MCLR changes. Consider this before using FDs, especially for emergencies. International UPI services are expanding. The RBI and government have also been involved in various other regulations.
Investment Insights
Experts offer insights into investments, including REITs, sovereign gold bonds, and potential risks in real estate. Consider mutual funds and explore how these can help you diversify your investments and grow your wealth. Assess the pros and cons before making investment decisions, and always consider risk.
Economic & Other News
India's solar PV manufacturing is booming! Other sectors, like diamonds, shrimp, and textiles, may face challenges from global shifts. The government is also focusing on new reforms. Plus, there's the buzz around GenAI startups. Stay informed about these emerging trends and opportunities.
