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These 11 banking stocks can give more than 27% returns in 1 year market, according to analysts
Every sector has a key element and it is important to look at it if you are investing in that sector. In the case of banking, it is NPAs, or non-performing assets. Why the abbreviation before the full form? We react to news before understanding it. News is the abbreviation whose meaning becomes clear only on closer examination. So, while looking at the Q4 numbers of banks, it is important to look at NPAs. But there is another number which is equally important: Credit growth. It is likely to remain muted. And that in itself is not a bad sign. Asset quality is good and stays that way if NPA numbers are stable and the books are reliable.
Pay new income tax TCS of 1% on these luxury goods above Rs 10 lakh; CBDT issues notification
TCS on luxury goods: The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at source (TCS) from the buyer. The TCS will be levied on the purchase of luxury goods. Know the new TCS rules on buying luxury goods like Omega watches, Birkin bags, etc.
Rs 5,000 crore man shocked: India's IT capital Bengaluru’s iconic park refuses UPI, demands cash for receipt
A tweet by Thyrocare founder Dr. A Velumani has sparked debate about India's digital progress. He expressed surprise that Bengaluru's Lalbagh Botanical Garden, a prominent landmark, still requires cash payments for entry despite issuing digital receipts. This highlights a disconnect between India's IT prowess and the availability of digital payment options in public services.
New Tax Bill 2025: No Nil TDS certificate for all taxpayers including NRIs; What does it mean for Indians and NRIs?
New Income Tax Bill, 2025 has removed the concept of nil TDS certificate. This means now only a lower TDS certificate is possible, so non-residents including non-resident Indians and Indian taxpayers need to file an income tax return (ITR) claim this TDS so deducted. CA Ankit Jain says deduction of TDS can become a useful tool for the government in identifying cases where income is not being properly disclosed.
Edelweiss ARC exits Adhunik as Davidson Kempner takes control
Edelweiss, which had acquired Adhunik via the insolvency resolution route, had been gradually monetising its exposure through asset sales and repayments. The latest deal marks the end of Edelweiss's involvement, transferring control to Davidson Kempner-backed entities.
Deadline approaches for $3.1 million recall settlement, Americans must submit proof soon or risk losing their direct payment
Boar’s Head recall settlement is making headlines as the deadline approaches for Americans to claim their part of the $3.1 million payout. If you bought Boar’s Head meat between May and August 2024, you could qualify for a direct payment refund—but only if you act by May 16, 2025. Proof of purchase boosts your payout, but even without receipts, you might still get compensated. This settlement follows a listeria contamination linked to serious illness and deaths.
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Infosys ADRs drop 5% after IT co's Q4 PAT falls 12% YoY
Infosys Q4 results: Infosys ADRs fell nearly 5% after Q4FY25 profit declined 12% YoY to ?7,033 crore. While revenue rose 8%, weak constant currency growth and muted FY26 guidance dented sentiment. CEO highlighted strong cash flows and margin expansion despite macro headwinds.
NARCL looks at Rs 10,000 crore worth of acquisition in Q1
India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ?10,000 crore in the first quarter of FY26. Offers have been made for companies like BGR Energy and Girija Alloys & Power. A recent RBI circular incentivised banks to sell distressed assets to NARCL, potentially boosting bank profits.
These 8 banking stocks can give more than 27% returns in 1 year, according to analysts
Just after the announcement of the RBI policy meeting, two large banks reduced their SB account interest rates. Now, why have banks, which were vocal about the cost of deposits, all of a sudden reduced their SB rates? Is it because they are not concerned about the cost of deposits? Or, have they figured out that they will not be getting much money in the savings accounts, so might as well cut the rate? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Paying rent above Rs 50,000? You can be classified as assessee in default by income tax dept if you fail to deduct TDS
TDS on rent: According to a Income Tax Department brochure, Form 16C is a TDS certificate issued by a tenant to a landlord for rent payments, under Section 194-IB of the Income Tax Act. The tenant must deduct 5% TDS on rent payments exceeding Rs 50,000 per month. This form is filed after submitting Form 26QC and shows the TDS deducted.
Explained: What just happened in the US bond market
The selloff is the latest sign of the power of government bond markets to act as a restraint on policymakers, while talk of a return of so-called bond vigilantes has risen in recent years.
RBI MPC Meet Highlights: From repo rate to GDP growth, key numbers in focus
RBI MPC Meet Highlights: Led by Sanjay Malhotra, the RBI's MPC is anticipated to cut the repo rate by 25 bps and shift to an 'accommodative' stance, aiming to bolster economic growth amid subdued inflation. This decision follows a previous rate cut and CRR reduction to enhance liquidity.
Vodafone Idea allots shares worth Rs 36,950 crore to the govt, stake in company increases to 48.99 pc
Vodafone Idea has allotted 3,695 crore shares to the government for Rs 36,950 crore, increasing the government's stake to 48.99%. This move, part of the 2021 Telecom Sector Reforms, converts outstanding spectrum auction dues into equity. Despite the increased government stake, Vodafone Plc and Aditya Birla Group will retain operational control of the telecom operator.
10 Best Wallets for Men Online: Functional Picks to Match your Style
This article offers a curated selection of high-quality, stylish, and functional wallets designed to meet the needs of the modern man. Featuring a variety of materials, including leather, RFID protection, and sleek, minimalist designs, these wallets combine convenience with security. Whether you are looking for a durable everyday wallet, a fashionable accessory, or a practical gift, this list highlights the best wallets for men that provide ample space for cards, cash, and IDs without compromising on style.
Airport server mistakes checkbook for tip, what he found inside was heartbreaking
Guillermo Ortiz, a server at Planet Hollywood in LAX, experienced a disheartening incident when a couple left a racist note instead of a tip. The note wrongly assumed Ortiz was an illegal immigrant and targeted his ethnicity. Despite the hurtful message and losing his job, Ortiz remains proud of his work and committed to supporting his family.
These 9 banking stocks can give more than 27% returns in 1 year, according to analysts
Banks provide the lifeline of capital to the economy. So it is credit growth that is the vital parameter when looking at banks. This is not to say that parameters like NIM and NPAs don't matter. But in the overall picture, credit growth is more important. Now, where parameters like NPAs are concerned, things have been brought under control, with the first step being accepting their existence on the balance sheets instead of brushing them under the carpet. But low credit offtake is still a pain point for banks. So, as the Q4 earning season starts, keep an eye on credit growth and deposit cost as these will determine the winner of the next phase of the rally which will only start once the drama about reciprocal tariff gets over.
New loan sale rule to give Rs 20k-cr lift to bank profits
The Reserve Bank of India (RBI) allowed lenders (on Saturday) across the spectrum and ownership types to reverse excess provisions in their profit and loss (P&L) accounts if a loan is transferred to an asset reconstruction company (ARC) at a value exceeding its net book value.
Government stake in Vodafone Idea to increase to 48.99 pc with fresh acquisition of shares worth Rs 36,950 cr
Vodafone Idea announced that the government's stake in the company will rise to 48.99% following the acquisition of shares worth Rs 36,950 crore. This move aligns with the September 2021 Telecom Sector Reforms and involves converting outstanding spectrum auction dues into equity. The government stake will increase from 22.60%, with promoters maintaining operational control.
Tax saving on donation: You can get up to 50% deduction on your donation to Ayodhya Ram Mandir
Save income tax: If you want to save some income tax by reducing your total taxable income then Section 80G is one of the available options. CBDT notified Ayodhya Ram Mandir (Ram Janmabhoomi Teerth Kshetra) long back and experts say its very simple process. All you need to do is donate money for renovation purposes and then claim Section 80G tax deduction up to 50% of the amount.
Four words: Bullish, selective, cautious, quality. 6 mid-cap stocks from different sectors with upside potential of up to 42%
As the stock market starts to witness a recovery, it seems logical to stay bullish. Why fight a trend? But, while staying bullish, add an element of caution to your buy/sell decisions. When we say “caution”, we mean stay with quality stocks, especially if you are increasing exposure to mid-caps. There is enough evidence to show that owning quality stocks pays both in bullish and bearish markets. In a bullish market, they tend to rise faster, and they lose less weight in a bearish phase. They also recover faster after a bearish phase. So stay bullish, but be selective.
Flight canceled or delayed? Here is what to do if you are stranded at the airport
Check flight status before heading to the airport. Act quickly during cancellations. Be polite to staff and come prepared with backup options. Utilize interline agreements and frequent flyer miles. Know your rights for accommodation or refunds. Booking with travel protection credit cards can help. Lounge access and in-terminal hotels offer comfort while waiting.
What to do with stocks of BSE, CDSL & others that live and breathe the stock market? Is the best behind them?
Every bull run has a sector that stands out. Towards the end of the last bull run, a set of stocks that did extremely well were those related to the capital markets. From the stock exchange to the depositary to asset management companies… all did well. Even after all the mayhem of the past six months, on a one-year trailing returns basis these stocks are still in the green. But now a narrative has emerged that, because F&O segment volumes have dipped after the implementation of new rules in November 2024, these stocks are not as attractive. With stocks like BSE Limited seeing a sharp decline, the narrative has gathered strength. So, the question is: Should you sell, buy, or hold these stocks? The answer is different for each of them.
Who is Justice Yashwant Varma, the Delhi HC judge facing heat over unaccounted cash found after a fire at his home?
Justice Yashwant Varma will be moved from Delhi High Court to Allahabad High Court. This decision follows the discovery of a large amount of cash at his official bungalow during a fire incident. The Supreme Court collegium decided on this transfer. Justice Varma had previously served at Allahabad High Court before his appointment at Delhi HC in 2021.
These 8 banking stocks can give more than 22% returns in 1 year, according to analysts
This is something that might not be very obvious because the whole stock market has been under pressure. The fact, however, is that, leaving aside the IndusInd Bank episode, most banking stocks have been relative outperformers in the last six months of correction. In fact, the performance of banks like HDFC and Kotak suggest that the worst is probably over for the sector. There do not appear to be any stronger sellers in these stocks even when markets have been under pressure from bears. Time to focus on them once again?
RERA impact: Relief to 14 homebuyers after builder unilaterally cancelled allotment four years after signing agreement to sale
RERA: 14 homebuyers got relief from TGRERA when the builder took money from them & executed sale agreement but failed to give possession of the flat & registration for 4 years. TGRERA held the builder & the real estate agent jointly and severally liable for this &imposed heavy fines on both of them. This real estate agent didn't had valid registration. Read to know how homebuyers won.
Lenders transfer Rs 1,104cr McLeod Russel debt at discount with 5-yr repayment tenure
A consortium of lenders transferred McLeod Russel's debt to NARCL for Rs 700 crore, taking a 36% haircut. The move is seen as a positive step for McLeod Russel to negotiate debt recovery more effectively, helping the company restructure and avoid a distress sale of assets.
Govt seeks House nod for extra ?51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ?51,463 crore for the current fiscal year, on top of a previous approval of ?44,143 crore. Despite this, the fiscal deficit is expected to be contained at 4.8% of GDP due to higher nominal GDP estimates.
ED searches 14 locations linked to son of former Chhattisgarh CM Bhupesh Baghel
The Directorate of Enforcement (ED) conducted searches at 14 locations linked to Chaitanya Baghel, son of former Chhattisgarh CM Bhupesh Baghel, in connection with a money laundering probe in a ?2,161 crore liquor scandal. Searches were also conducted in Durg district.
NFO Alert: Axis Mutual Fund launches Nifty500 Value 50 ETF
Axis Mutual Fund has introduced the Axis Nifty500 Value 50 ETF, an open-ended exchange-traded fund tracking the Nifty500 Value 50 TRI. The new fund offer (NFO) is open for subscription until March 12, with a minimum investment of ?500. Managed by Karthik Kumar, the ETF follows a passive investment strategy, allocating 95-100% in index securities and up to 5% in debt and money market instruments.
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