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Discover the latest demands for Dearness Allowance (DA) hikes, including an inflation-linked wage model and a new calculation formula. Employee groups are advocating for a merger of DA components to better align with rising costs. These proposals aim to address financial challenges faced by workers amidst ongoing inflation.
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"Looks like employees are pushing for some serious financial upgrades!"
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A recent study reveals that BOI Large & Mid Cap and BOI Multi Cap Funds share a staggering 79.4% portfolio overlap. This finding raises concerns about true diversification when investing in multiple equity mutual funds across different categories. Investors should reconsider their strategies to ensure effective risk management and portfolio diversity.
EPFO's UPI-linked claim settlement facility launch is delayed to August. This new system promises faster credit of eligible PF claims through UPI, enhancing user experience once glitches in the CITES 2.01 portal are resolved. Members can expect improved efficiency and quicker access to their funds.
Discover how India's economic outlook impacts small-cap stocks. Over 20 years, mid- and small-cap stocks have outperformed large-caps in strong markets, highlighting their potential despite volatility. Investors should consider these segments for long-term growth in India's booming economy.
Lodha Developers aims to raise βΉ9,000 crore through land sales to hyperscalers, targeting βΉ2,000-3,000 crore annually. This strategic move highlights the growing demand for data centers and tech infrastructure in India. The sale of Palava land is expected to attract major tech players, boosting the local economy and enhancing Lodha's portfolio.