Motilal Oswal Asset Management Company has launched its latest Mutual Fund, the Motilal Oswal Nifty India Defence Index Fund. The fund aims to enable investors to capitalize on the growth prospects within the Indian Defence industry. The Motilal Oswal Nifty India Defence Index Fund will operate as an open-ended fund, mirroring the performance of the… Read More
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Introduction Hyundai Motor India is gearing up to launch the biggest IPO (Initial Public Offering) in India’s history. This momentous event has generated significant buzz and excitement among investors and the general public. But what does this IPO mean for you, and why is it so important? Let’s dive into the details and explore the… Read More
In a remarkable start to the week, the Indian equity benchmark indices, BSE Sensex and Nifty50, surged in opening trade on Monday, reaching lifetime highs. This noteworthy rally in the market follows the release of exit polls from the Lok Sabha elections, signalling a high probability of Prime Minister Narendra Modi winning a third consecutive… Read More
Revolutionizing Semiconductor Chip Examination Strategic Partnership for Innovation Tata Consultancy Services (TCS) has announced a strategic partnership with the Indian Institute of Technology, Bombay (IIT-Bombay), to develop India’s first Quantum Diamond Microchip Imager. This groundbreaking collaboration aims to revolutionise the precision and efficiency of semiconductor chip examination. Advancing Chip Quality Control Collaboration Details Over the… Read More
Aditya Birla Sun Life Mutual Fund Unveils New Fund Option Aditya Birla Sun Life Mutual Fund has recently launched the Aditya Birla Sun Life Nifty PSE ETF Fund, an open-ended exchange-traded fund that will be benchmarked against the Nifty PSE Index, to mirror the benefits of investing in the Nifty PSE Index. Interested investors can… Read More
The Reserve Bank of India (RBI) has recently mandated Kotak Mahindra Bank to halt the acquisition of new customers via online channels and mobile banking platforms. Additionally, the RBI mandated the bank to stop issuing fresh credit cards. This action was taken under Section 35A of the Banking Regulation Act, 1949, which empowers the RBI… Read More
Yes Bank, the Indian private lender once grappling with financial hurdles, has sent shockwaves through the stock market with a meteoric 23% rise in its share price over the past five days. This bullish streak in Yes Bank Shares resulted in a new 52-week high of ₹31.45 on February 8th, 2024. The sudden surge has… Read More
Paytm, India’s leading digital payments giant, continues to face turbulent times. On Thursday, February 8th, 2024, Paytm’s stock price dropped by 8%, adding to the company’s woes already grappling with the Reserve Bank of India’s (RBI) restrictions on its payments bank unit. This comes amidst news of Paytm’s potential acquisition of e-commerce startup Bitsila, raising… Read More
This is the ‘US Dollar’ – a simple paper note, that looks like any other currency bill, but the whole world is a slave to $. Let me give you a food for thought. For the USA, dollar is not just a medium to trade, but a tool to control you, your national interests, and… Read More
Introduction In recent times, the United States has been facing some challenging economic situations, which are causing concerns not only within the country but also around the world. One of the major issues that the US is currently grappling with is the debt ceiling crisis. This blog aims to explain the debt ceiling crisis in… Read More