[ad_1] The 8-4-3 rule of compounding is a guideline that suggests how much money you need to invest each month to achieve a specific corpus over a given period, assuming a certain rate of return. Here are some basic rules of investing to build a good corpusStart investing early: The earlier you start investing, the…
[ad_1] NEW DELHI: Patel Engineering Ltd (PEL) has reported a multi-fold jump in its consolidated net profit to Rs 70.2 crore during the quarter ended December 2023, supported by higher income. It had clocked a net profit of Rs 19.4 crore during the October-December period of preceding 2022-23 financial year, the company said in an…
[ad_1] NEW DELHI: State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 723 crore for December quarter 2023-24, on the back of improvement in core income and reduction in bad loans. The Chennai-based lender had earned a net profit of Rs 555 crore in the same quarter…