5 sweatshirts for men that rank high on comfort and style
Sweatshirts are go-to comfort wear in winter season. They make for an excellent inner and outerwear option. Key Points
Hindustan TimesShould NPS investors opt for active choice or auto choice? HDFC Pension’s Sriram Iyer explains
The National Pension Scheme (NPS) offers two options for investors to manage their asset allocation – active and auto choice. Under the active option, investors have the freedom to actively manage their asset allocation, while auto choice is designed for investors who want to adopt a “set it and forget it” strategy. Three types of auto choice options are available - moderate, conservative and aggressive. Key Points
Economic TimesLearn With ETMarkets: Decoding option prices
When it comes to determining the price of an option, the current market price of the underlying asset is the key factor. When it comes to call options (right to buy), as the market price of the underlying asset rises, the value of the call option usually follows suit. Conversely, for put options (right to sell), as the market price of the underlying asset drops, the value of the put option generally increases. Key Points
Economic TimesThere may be a bubble in SME or option segment; be very careful: Ramesh Damani
Unpopular, unloved, and unacknowledged entities have surprisingly performed well, which is a typical characteristic of a new bull market. In order to witness new leadership, it is necessary for it to emerge from extreme unpopularity. This phenomenon has been observed time and again. However, caution must be exercised in the SME and option segments, as there might be a potential bubble forming. Key Points
Economic TimesNPS withdrawal rule set to change: Soon you can opt for periodic withdrawal instead of lump sum
At present, once an NPS subscriber turns 60, she can withdraw up to 60 per cent of the retirement corpus as a lump sum. Now, PFRDA is planning to offer NPS subscribers the flexibility to not withdraw 60 per cent corpus, instead letting it be with NPS and get it back in a staggered manner till the age of 75. PFRDA is likely to implement the Systematic Lumpsum Withdrawal (SLW) option by the end of this quarter, Deepak Mohanty, PFRDA chairman, told ET Wealth. Key Points
Economic Times
Double whammy! How tough is it to make money via options trading now?
His suggestion for stock option traders is to square off positions at least 2 days before the expiry in case of in the money (ITM) option. If you are deep in the money, then you should look for liquidity. For example, if the intrinsic value is Rs 20 and if you are getting a buyer at Rs 10-12, then you must exit. Don't wait for the last day as the liquidity will dry up, Sriwastava says. Key Points
Economic TimesWhatsApp brings this much-awaited feature for its users
WhatsApp users will be able to choose a better quality when sending photos. However, the option only appears when one selects a photo large in size. Key Points
mintWhatsApp for beta now lets you send HD quality photos, here is how
WhatsApp is finally offering an option to send high-quality photos to contacts. The HD quality option is only visible when you try to send a large-quality file from WhatsApp. Here are all the details. Key Points
India TodayWeak demand for State Bank of India perpetual bonds as investors seek higher returns
India's largest lender State Bank of India (SBI) (SBI.NS) raised only the base amount in its first perpetual bond issue for fiscal 2024 as investors sought higher returns than the bank was willing to offer, merchant bankers said. Key Points
ReutersOver 2.6 lakh voters opted for NOTA in Karnataka assembly election
According to figures available around 3.30 pm, 2,59,278 (0.7 per cent) out of the nearly 3.84 crore people who came out to vote on Wednesday exercised the NOTA. | Latest News India Key Points
Hindustan Times
Government gives time till May 31 for Goods Transport Agencies to opt for GST payment
Goods Transport Agencies (GTA) in India have until May 31 to exercise the option of paying Goods and Services Tax (GST) on a forward charge basis for the current fiscal year, according to the finance ministry. Under GST, GTAs can either pay 12% tax with input tax credit or 5% without, and can choose to pass on the liability to the service recipient under reverse charge mechanism. The extension applies to new businesses or businesses that cross the registration threshold during the fiscal year by 45 days from the GST registration application date or one month from the registration date. Key Points
Economic TimesOne-time option to switch to OPS from NPS available for these central govt employees; know eligibility, la
NPS vs OPS: Select All India Services (AIS) officers covered by the National Pension System (NPS) will now get a one-time option to switch to the Old Pension Scheme, said DoPT. Know who will be eligible, what is the last date to submit the application and how will NPS corpus be restructured if a government employee switch to OPS from NPS. Key Points
Economic TimesHigher pension: 8,897 beneficiaries have applied online, says EPFO
Further, it has received 91,258 online applications from retired EPS members (prior to September 1, 2014 and whose options were not considered at that time) as on March 4. The EPFO, however, closed the option of online application for such retired EPS members on March 4, 2023. Key Points
Economic TimesHow to choose right tax-saving investment options to save income tax
Very few days are left to complete the tax saving exercise for current financial year 2022-23. However, in a rush to complete the tax saving investment, we might make some mistakes. Every tax saving option must be evaluated on certain parameters before arriving at the preferred option. Read on to know things to keep in mind to choose the right tax saving investment option. Key Points
Economic TimesInstagram and Facebook launch ad-free paid subscription, but don’t take out your wallet yet
Instagram and Facebook will now allow users the option to buy paid subscriptions of the two services. This subscription will be ad-free. But so far it is going to be limited and the option will not be available to Indian users. Key Points
India Today
HDFC, Nabard and PFC line up bond sales
HDFC's bond issue, which may have an additional subscription option of up to ₹5,000 crore, may see the rate of interest being set around 7.80%, market sources said. Key Points
Economic TimesDoes eligible employee have an exit option to get out of higher EPS pension application?
The circular issued by the Employees' Provident Fund Organisation (EPFO) on May 11, 2023, clarifies that how dues will be calculated to be paid for higher EPS pension. Further, a written consent is mandatory for diversion or depositing funds for higher pension from EPS. However, what will happen if written consent is not provided by the EPFO? Key Points
Economic TimesSBI board approves raising up to $2 billion via long-term debt
It was SBI's third Tier-1 bond issuance in the previous financial year. The tenor of these bonds is perpetual, with a call option after 10 years and every anniversary thereafter. Key Points
Economic TimesAmazon Sale: Up to 68% off on men's bottom wear like jeans, shorts, pants
Amazon Sale 2023: It's time to introduce comfortable and stylish bottom wear options in men's wardrobe. Avail exciting discounts on shorts, pants and jeans. | Fashion Trends Key Points
Hindustan TimesLearn With ETMarkets: Options Demystified 504 – Iron Fly and Short Straddle
In high premium situations, you can use the concept of spreads and sell an out-of-the-money (OTM) option for both the call and put to offset some premium. However, this comes with a capped profit. For instance, in the previous scenario, you can sell a 19450 put for 24.5 and a 19850 call for 57.5, reducing your premium by 82 points. This is known as the Iron Fly strategy. The payoff graph for Iron Fly looks like this: Key Points
Economic Times
Coal India OFS opens for retail investors today; non-retail issue oversubscribed 3.46x at Rs 6,500 cr on Day 1
As a result of the positive response to the Coal India OFS on Thursday, the government is exercising the green shoe option of divesting an additional 1.5% stake on Friday. Key Points
FinancialexpressGovt says 1,20,279 EPFO subscribers applied to opt for higher pension under EPS scheme till March 9
As of March 9, 2023, 1,20,279 people have applied online to opt for higher pension under the Employees' Pension Scheme 1995 (EPS-95). The Supreme Court had asked the Employees' Provident Fund Organisation (EPFO) to give four months time to subscribers as well as pensioners to contribute on their actual salaries towards EPS-95. Many EPFO subscribers have been contributing on threshold (pensionable salary) of Rs 15,000 per month which is less Key Points
Economic TimesWWE2K23’s tips and tricks for cashing in ‘Money in the Bank’
The game offers plenty of iconic on-ring action, including the exciting opportunity to cash in on Money in the Bank, which your wrestler can win in Universe Mode. With various methods available, this feature will guide you through how to successfully cash in on your Money in the Bank and make the most out of this thrilling gameplay element. Key Points
mintEPFO sets deadline for subscribers to opt for higher pension set as May 3
The apex court gave a four-month window to enable opting for higher pensions. The deadline accordingly should have been around March 3, 2023, but EPFO only last week came out with the procedure for opting for higher pension under the Employees' Pension Scheme (EPS). Key Points
Hindustan TimesTikTok videos: How to recover deleted videos? Here’s everything you should know
TikTok provides users with the opportunity to create and share short videos, enhanced with a wide range of special effects and filters. While TikTok videos have a maximum duration of 10 minutes, the most widely favoured videos tend to be concise, often spanning less than 15 seconds. Key Points
Economic Times
Raksha Bandhan 2024 gift ideas: 5 Electric scooters you can buy for your siblings - Ola S1 X, Ather 450X and more
Celebrate Raksha Bandhan by gifting your sister an eco-friendly electric two-wheeler. Options include the Ola S1 X, Lectrix EV LXS G2.0, Hero Electric Optima CX, LXS G3.0, and Ather 450X Gen 3. Key Points
mintJEE Mains answer key challenge window closes today; Here's how to apply
JEE Mains Answer Key challenge window will close today, February 9. Candidates can raise objections through the official link that will remain active until 11 pm today. Key Points
mintIRCON's offer for sale to open for non-retail investors on Thursday
New Delhi [India], December 6 (ANI): The offer for sale (OFS) in IRCON will open on Thursday for non-retail investors, the Department of Divestment said in an X post. Ircon International, or Indian Railway Construction International Limited, is an Indian engineering & construction corporation, specialized in transport infrastructure. The public sector undertaking was established in […] Key Points
ThePrintWhatsApp now lets you hide your location from other parties on call
New option hides your IP address from other party by relaying calls through WhatsApp servers. Meta-owned WhatsApp has added a new ‘Protect IP Address in Calls’ option that helps hide your location from other parties on the call. Key Points
The Tribune IndiaWhatsApp now lets you hide your location from other parties on call
New option hides your IP address from other party by relaying calls through WhatsApp servers. Meta-owned WhatsApp has added a new ‘Protect IP Address in Calls’ option that helps hide your location from other parties on the call. Key Points
The Tribune India/cloudfront-us-east-2.images.arcpublishing.com/reuters/G4BU2XPWNJPW5KQX7WWGEYSWNU.jpg)
CEO says Bayer is looking into break-up, will cut management jobs
Bayer (BAYGn.DE) said on Wednesday it was looking into splitting off either the diversified group's Consumer Health or Crop Science division, but ruled out a three-way split. Key Points
ReutersDelhi Metro extends UPI payment facility across entire network
The Delhi Metro has extended the Unified Payments Interface (UPI) option for payments at ticket vending machines and counters across its network, streamlining ticketing services and providing a digital mode of travel. Passengers can recharge their smart cards or purchase metro QR tickets through UPI-supported mobile apps. Key Points
Economic TimesIn a first, IIT-Bombay to allow BTech students an early exit with BSc degree in three years
IIT-Bombay has implemented an early exit option for its 4-year BTech programme in line with the National Education Policy 2020, which allows students to receive a BSc (engineering) degree after completing 60% of the total credit requirement during their third year. This move provides students with an opportunity to partake in placements early. Key Points
Economic TimesElon Musk, Sergey Brin reportedly taking ketamine, magic mushroom, Tesla CEO says, ‘better option than…’
Drug use, particularly psychedelics, is becoming more common among public figures and tech executives in Silicon Valley. The global psychedelics market is estimated to reach $8 billion by 2029. Key Points
mintWill EPS pensioners get an option to sell or commute a part of their pension for a lump sum?
Commutation of pension is a facility where a pensioner can sell a part of pension and receive a lump sum amount. This facility is available under Old Pension Scheme for government employees. For EPS member this option existed till September 2008. Will EPFO offer this again to bring parity between both the pension schemes. Key Points
Economic Times
Karnataka: AAP garners fewer votes than NOTA, all 209 candidates lose deposits
AAP's performance was so dismal that it got lesser votes than option None of the Above (NOTA), which got 0.69 per cent vote share. Key Points
FinancialexpressF&O Strategy: Buy call on Kotak Mahindra Bank
We advise traders to buy plain vanilla call option on Kotak Mahindra Bank. Go long on 1760-call that closed with a premium of ₹24.65 last week Key Points
The Hindu'India will stick with Rahul in WC': Ponting snubs Samson, picks Pant's backup
Pant's absence means India won't have an extra left-handed option in the middle-order. Ponting believes Ishan Kishan should get the preference over Samson. | Cricket Key Points
Hindustan TimesPension protests to bring 'maximum' workers in France after government, union talks fail
Labour groups vowed to dig in their heels after talks with Prime Minister Elisabeth Borne on Wednesday - which lasted just an hour - failed to calm the situation. They said the only way out of the crisis was for the legislation to be pulled, an option which Borne flatly rejected. Key Points
India TodayThis WhatsApp feature will save you from privacy invaders, tipped to launch soon
A new Chat Lock feature has been spotted in the 2.23.8.2 Android beta update, which reveals that people will be able to add an additional layer of security to their private chats. Key Points
India Today
Looking for long term investing options: PEG ratio is better than PE
Because it is easy to calculate and understood by a large majority among the valuation ratios, PE ratio is one of the most overused and misused ratios. But is this the right matrix to look at ? The answer is no, there is a better option. Key Points
Economic Times