Experts Financial News

mutual funds having exposure to them also give high double-digit returns. Yet, there are at least 45 schemes which have trailed their respective benchmarks by significant margins during this period. A data analysed by ETMarkets shows that there are 25 active midcap mutual fund schemes and 20 smallcap schemes which have delivered returns that are lower than their respective benchmarks. Also Read: These 5 midcap mutual funds have given over 50% returns in last one year

Uzbekistan’s capital is all set to host the third Tashkent International Investment Forum (TIIF-III) on May 2-3 that would boost foreign investments in the Heart of Central Asia. Tashkent expects Indian investors to be part of the Forum amid the growing ties. TIIF is one of the significant events not only for Uzbekistan but also for the region. Its program traditionally includes a plenary session at the head of state level, over 50 expert discussion meetings, including panel sessions, round tables, and B2B negotiations.

Three cables under the Red Sea that provide global internet and telecommunications have been cut as the waterway remains a target of Yemen’s Houthi rebels

Siemens, Jefferies recommended a buy on IIFL Finance, JPMorgan has an overweight rating on Max Healthcare, and Macquarie maintained an outperform rating on Tata Motors.

income tax return (ITR) filed by taxpayers. These mismatches are relating to financial year 2021-22 and 2022-23. It is important to fix these mismatches as tax experts say that if an individual is unable to explain the reason behind the mismatch, they may get an income tax notice. To help individuals find the mismatch and then take action, a new on-screen online functionality has been made available on the income tax portal at https://eportal.incometax.gov.in by the Central Board of Direct Taxes (CBDT). The name of this web portal is 'Compliance portal' and the scheme is being called 'E-Verification Scheme 2021'. «In some cases of Income Tax Returns (ITRs) filed for A.Y. 2021-22 (F.Y. 2020-21), a ‘mismatch’ has been identified, between the information filed in the ITR vis-à-vis information of specified financial transactions, as available with the Department. In cases where ITRs for A.Y. 2021-22 have not been filed and, the Department is in possession of information of specified high value financial transactions, the same also needs to be examined,» said the Income-tax department in a press release dated March 4, 2024.

Gold rate today, 5th March 2024: Ahead of the US Fed chief's testimony before the US Congress this week, gold price on the Multi Commodity Exchange (MCX) touched a new lifetime high of ₹64,575 per 10 gm on Monday. However, the MCX gold rate today witnessed some selling pressure during morning deals. Gold futures contract on the MCX for April 2024 expiry opened lower at ₹64,331 per 10 gm level, which is its intraday low as well.

₹265 per share, 86.62% higher than the issue price of ₹142. On BSE, Exicom Tele-Systems share price today opened at ₹264 apiece, up 85.92% than the issue price.

₹225 per share, 31.58% higher than the issue price of ₹171. On BSE, Platinum Industries share price today opened at ₹228 apiece, up 33.33% than the issue price.

home prices in India are set to rise 7% this year and next, driven by purchases of luxury properties, according to analysts polled by Reuters who said the supply of affordable homes would continue to lag demand. Barely dented by the Reserve Bank of India's 2-1/2 percentage points of interest rate rises from May 2022 to February 2023, the housing market has powered along with Asia's No. 3 economy, the fastest growing amongst major peers. Home prices rose 4.3% in 2023, the fastest since 2018, according to Reuters calculations based on the RBI's House Price Index.

Exicom Tele Systems IPO: The listing date of the initial public offerings (IPO) of Exicom Tele-Systems Limited has been fixed on 5th March 2024 i.e. today. As per the information available on the BSE website, Exicom Tele Systems share price will be listed on BSE and NSE in a special pre-open session during Tuesday dealings.

Platinum Industries IPO: The listing date of the initial public offerings (IPO) of Platinum Industries Limited has been fixed on 5th March 2024 i.e. today. As per the information available on the BSE website, Platinum Industries share price will be listed on BSE and NSE in a special pre-open session during Tuesday dealings.

Pakistan will attempt to keep his popularity in check, but it remains to be seen for how long they can hold him off. Well, just don't take our word for it. LiveMint spoke with various international observers on the subject and almost all were unanimous in their opinion that Imran Khan's popularity will haunt the Army and the new government in Pakistan for a while.

By David Shepardson

Canada treats its aviation industry as a cash cow, when it should be considered an essential service, says an airline expert.

The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day.

MILAN (Reuters) -Italy's Agnelli family has a 10.1% stake in New York-listed information services provider Clarivate through their investment arm Exor (AS:EXOR), the two companies said on Monday, adding that Exor could increase its stake to up to 17.5%.

MUMBAI : Customers will soon be able to pay businesses through net banking irrespective of whether their banks and the merchants’ payment aggregator are integrated, with the central bank ironing out one more wrinkle in India’s rapidly evolving digital payments ecosystem. “We have given approval for implementing such an interoperable system to NPCI Bharat BillPay Ltd. We expect the launch of this interoperable payment system for internet banking during the current calendar year," Reserve Bank of India governor Shaktikanta Das said on Monday.

Vedanta Group's Sterlite Power Transmission. The appeal sought to declare corporate guarantees to subsidiaries non-taxable under the current tax regime. It also contested the valuation criteria set by the finance ministry for the purpose of taxing such guarantees when there is no financial consideration involved.

Jair Bolsonaro, on June 15th. Hours later police announced that they had found human remains later confirmed to be those of Dom Phillips, a British journalist who was working on a book called “How to Save the Amazon". Other remains, still being examined, are likely to be those of Bruno Pereira, an expert on indigenous peoples.

By Sarah Wu

Bharat Heavy Electricals (BHEL) jumped over 14% on Monday to hit their 12-year high of Rs 269.45 on the NSE. With this rally, the state-run stock has extended its gains to over 20% in the last four trading sessions. The stock generated tremendous buying interest among the investors with more than 16.52 crore shares trading on the NSE at 2:10 pm. The total traded value of the shares stood at Rs 4,305.48 crore.