The Press Editor

New Delhi: Markets have been highly volatile of late due to geopolitical uncertainties and tension in the Middle East. Investors remain cautious as crude oil prices hover around USD 95 amid uncertainty over the Strait of Hormuz, the world’s most critical maritime energy chokepoint. Even during this uncertainty, Systematic Investment Plans (SIPs) can be beneficial for those investing with a long-term perspective. While the instinct during a market crash is to hit the "pause" button, data suggests that every dip gives investors the opportunity to create wealth in the long term.  What does SIP really do? According to Swati Jain,…

New Delhi: Public Provident Fund (PPF) is a popular government-backed long-term savings scheme, and many people consider this a good investment option for their children's futures. This government-run savings scheme allows a maximum investment of Rs 1.5 lakh per account during a financial year. Some parents think that by opening a PPF account in their child's name, they can contribute up to Rs 3 lakh annually (Rs 1.5 lakh + Rs 1.5 lakh). However, this is a misconception. What is the annual deposit limit in PPF? According to PPF rules, up to Rs 1.5 lakh can be deposited in a…

Mumbai: Shares of IT services company Wipro will be in focus during the trading session as the company is set to announce its financial results for the January-March quarter of the financial year 2025-26. Along with the results, the board of directors of the company would consider a share buyback, and investors are also expecting some announcement related to the annual dividend. The meeting holds significance as it comes in the backdrop of the company holding a cash balance of Rs 41,510 crore as of the third quarter, the highest among the top five IT firms. The IT company has…

Mumbai: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL), a smallcap company engaged in the design, development and manufacturing of electronic and telecommunications equipment, are in focus as the company has received two fresh orders from the Indian Railways. The order is related to enhancing passenger information systems and telecom infrastructure across multiple railway divisions. Amid this update, the stock opened at Rs 41.44 against the previous close of Rs 40.51 on the BSE. It gained further to touch the high of Rs 42.34, representing a gain of 4.52 per cent from the previous close. Despite Sensex falling over 1000 points…

Mumbai: Shares of diversified FMCG company Elitecon International Ltd jumped 5 per cent and were locked in the upper circuit at Rs 41.47 after the company informed exchanges that it has been awarded a major long-term supply contract valued at approximately Rs 2.02 billion or Rs 202 crore from an entity based in Johannesburg, South Africa. Amid this update, the stock opened in green at Rs 40 against the previous close of Rs 39.50 on the BSE. The counter gained further to touch the high of Rs 41.47, a gain of 5 per cent from the previous close. The market…