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Budget 2024: The government is expected to extend the timeline for filing a revised tax return by individual taxpayers where foreign income and taxes are also required to be reported in the tax return, says Akhil Chandna, Partner, Grant Thornton Bharat.

FIFA-accredited stadium". The largest of the five, Asteroid 2008 OS7, was first spotted in 2008 by NASA. It will zoom past Earth on 2 February, 2024, at a distance of 1.77 million miles, which is relatively close in cosmic terms.

equity funds in the country are showing that size is just a number. Far from slacking under their bulging mass, these funds are running faster than most of their peers. The Rs.56,000 crore HDFC Mid Cap Opportunities is the biggest actively managed equity fund in the country. A scheme with a proven track record, its return profile faltered between 2017 and 2021, possibly suggesting that its burgeoning size was inhibiting its performance. However, the fund has made a strong comeback since 2022. It has ranked among the top three performers in the mid-cap category over the past three years. The next big name on the size ladder is Parag Parikh Flexi Cap. This Rs.52,000 crore fund, characterised by its valueconscious investing style and ‘go anywhere’ approach, has been an investor favourite for many years. It has not let its ballooning size dent its performance figures; the fund continues to rank in the top quartile in its category over a three-year horizon. The Rs.48,000 crore ICICI Prudential Bluechip, the biggest large-cap scheme in the country, is another big-ticket offering that has dispelled any concerns over size- led deterioration in its performance. While it went through a lean patch between 2018 and 2020, it has regained its mojo from 2021 onwards. The fund ranks third in its category over a three-year period. It has also comfortably outpaced its index over the past one and three years. HDFC Flexi Cap and Nippon India Small Cap, which boast assets in excess of Rs.40,000 crore, have also starred in their respective categories. Biggest funds have fetched healthy outcomes Large corpus did not impact the fund performance.

corpus of Rs.10.5 crore to sustain inflation-adjusted withdrawals till the age of 85. To build this enormous nest egg, Nagarajan needs to put away nearly Rs.80,000 every month in avenues that earn her 10% annualised returns. However, the Chennai-based IT professional earns Rs.60,000 per month and spends nearly all of it. “If I start saving for retirement, I will have nothing left to spend,” she says. Many people dream of a care-free retirement, with lots of spare time and enough money in the bank. This dream may remain just that if you haven’t saved enough. The road to building an adequate nest egg is full of pitfalls. Topping the list is investing less than you need to. A 30-year-old, aiming at a retirement income of Rs.50,000 a month, will need to invest Rs.35,000 a month for 30 years to live comfortably till the age of 90. Invest less than this amount and your nest egg will be finished in no time (see graphic). “Under-funding of retirement corpus is a common problem. People don’t realise this until much later, when money starts running out,” says Abhishek Kumar, Founder & Chief Investment Adviser, SahajMoney. No more nudges It is here that compulsory savings play an important role. The mandatory monthly contribution to retirement plans, such as the Employees’ Provident Fund and the NPS, means that salaried people are putting away at least 12% of their income towards retirement. Add to this the tax-saving investments under Section 80C, which force many people to put away money in long-term investments.

SINGAPORE (Reuters) -Small Chinese investors are scrambling even harder than foreigners to exit the country's crumbling stock markets, sending premiums on global index funds skyrocketing as they search for exposure to anything but the sputtering domestic economy.

Will 2024 mark the return of the momentum factor to the performance spotlight?

Destiny 2's competitive PvP mode, Trials of Osiris, is back with the Season of the Wish. This week's map and rewards bring new challenges and opportunities for players. Here's a breakdown of what to expect.

Macrotech Developers Q3 Results: Macrotech Developers announced its October-December quarter results for fiscal 2023-24 (Q3FY24) on Saturday, reporting a rise of 25 per cent in consolidated net profit at ₹505 crore, compared to ₹405 crore in the year-ago period. The real estate developer's revenue from operations in the third quarter of current fiscal rose 65.2 per cent at ₹2,930.6 crore, compared to ₹1,774 crore in the corresponding period last year. The Mumbai-based company's total income in the December quarter rose to ₹2,958.7 crore from ₹1,902.4 crore in the year-ago period.

ICICI Prudential S&P BSE Sensex ETF - has now completed 21 years of its inception. This index fund ETF has delivered an annualised return of 16.9 percent in the past two decades. In other words, a lump sum investment of ₹1 lakh at the time of inception (January 10, 2003), as of December 31, 2023, would be approximately worth Rs.

financial goals and maintain financial well-being. It involves budgeting, saving, investing, and making informed decisions about income and expenses. Essential aspects include creating a budget to allocate funds wisely, establishing an emergency fund for unforeseen circumstances, and strategically managing debt.

Oil prices edged slightly higher in choppy trading on Friday, heading for a second weekly gain as positive U.S. economic growth and signs of Chinese stimulus boosted demand expectations, while Middle East supply concerns added further support. Brent crude futures were up 53 cents, or 0.7%, at $82.93 a barrel by 1:48 p.m. ET (1848 GMT), and touched $83.57, their highest price since November.

The profit growth is seen upwards of 300%, while net interest income is likely to grow around 2% year-on-year in the October-December period. Some analysts are even predicting a decline in the NII due to slower loan growth and the rising cost of funds. The lender posted 47% growth in net profit at Rs 225 crore in the September quarter, while total income from operations increased by 25% to Rs 7,921 crore.

Volume faded in the afternoon ahead of the weekend and as investors braced next week for a slew of important U.S. economic data such as non-farm payrolls for January and key events led by the Federal Open Market Committee meeting and the Treasury's refunding announcement.

Microsoft Teams has experienced an outage that blocked access and limited features for some users

Microsoft Teams work chat has gone quiet this Friday, chances are your boss didn’t let you out early for the weekend.The workspace chat and videoconferencing service started experiencing issues in various regions of the world earlier in the day.Close to 15,000 incidents with Microsoft Teams were logged on outage tracking website Downdetector.com as of 3 p.m. Eastern.

By Alex Lawler

This week, Bitcoin traded along a downward-sloping support line, extending its gradual decline that began in early January.

Since the launch of their decentralized application just a month ago, the momentum has not wavered. The team has forged new partnerships, introduced additional products, enhanced user experience, and is in progress of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering trajectory of advancement.

Ajay Lakhotia: Nahi, aisa nahi hai (No, it’s not true). Think about this – what are the three most important things in our life – first, roti (food), second, kapda (clothes), and third, makaan (shelter). And then there are more important things – Instagram profile, number of followers, number of likes.

Apple had previously taken steps to enhance user privacy by requiring companies to seek explicit permission before tracking users. However, some app providers reportedly sought alternative methods to bypass these restrictions, leading to the adoption of the controversial "device fingerprinting" technique. Security researchers at Mysk shed light on how certain iPhone features are exploited for spying purposes.

Republic Day outfits, Prime Minister Narendra Modi's yellow pagdi for Republic Day celebrations today was seen as a tribute to Lord Ram, as per a News18 report. The first glimpse of PM Modi's attire for this Republic Day came when he arrived at the National War Memorial to pay homage to those who sacrificed their lives in the service of the nation before the Republic Day parade. Track | Republic Day 2024 LIVE Updates here The prime minister is known to incorporate elements of a particular tribe or area to respect the local culture.