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Salary hikes this year may not translate into higher cash-in-hand for employees if organisations choose to pay more in provident fund (PF) contributions due to the new definition of wages proposed by the government, showed a study.
US stocks end up, recovering some of rout's lossesAfter a choppy session, the Dow Jones Industrial Average stood at 25,745.60, up 1.2 percent or around 300 points after losing 700 points Wednesday. The broad-based S&P 500 gained 1.1 percent to 3,083.76, while the tech-ri… Read MoreHexaware’s delisting buyback may give good gainsIn August 2018, the firm sold about 8 per cent stake at a floor price of Rs 447.5 apiece.
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… Read MoreStocks in the news: ITC, RIL, Vedanta, Ruchi Soya, Ashok Leyland and Coal IndiaFitch Ratings upgraded RIL's long-term local-currency issuer default rating (IDR) to 'BBB+' from 'BBB',
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… Read MoreRollovers hint at limited upside for Nifty in JulyNifty rollovers on expiry day stood at 71.6% higher than the three-month average of 69.7%
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… Read MoreBest picks: NCDs of top-rated finance companies beat bank returnsWhile a FD by SBI fetches 5.3%, some NCDs could return 7-9% if held to maturity.
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