The Prime Minister’s Jan Dhan Yojana (PMJDY) was initiated nearly ten years ago with a noble goal: to provide every citizen with access to essential banking and financial services. From the moment the Modi government took office, a comprehensive plan was set in motion to ensure that even the poorest individuals could access banking facilities ...
Introduction Pioneer in solar cell and module manufacturing, Premier Energies, recently launched its Initial Public Offering (IPO), which garnered overwhelming interest on its first day, receiving a subscription of 2.1 times. This enthusiasm from investors reflected a growing interest in renewable energy investments, especially in the Indian market, where solar energy is rapidly gaining traction. ...
Introduction In a significant move for the real estate and fintech sectors in India, Tishman Speyer, one of America’s leading real estate companies, has announced a partnership with Axis Asset Management Company Limited (Axis AMC) to construct a state-of-the-art office complex in Fintech City, Chennai. This venture marks an essential step towards developing a world-class ...
As the festival season begins in India, the demand for gold and silver inevitably rises, reflecting positively on their market prices. The festive sparkle brought by occasions like Raksha Bandhan and Janmashtami has significantly boosted the prices of these precious metals, leading to a notable uptick in the market. On Tuesday, both gold and silver ...
India’s Finance Minister Nirmala Sitharaman recently addressed the allegations made by the Congress Party regarding the government’s policy actions. In her statement, she firmly asserted that the government has not made any “U-turn” in its policies. According to her, various options have been provided to the people concerning the Old Pension Scheme (OPS), indexation, and ...
The Life Insurance Corporation of India (LIC), the largest insurance company in the country, has urged the Insurance Regulatory and Development Authority of India (IRDAI) to amend new regulations concerning the surrender value of insurance policies. This statement comes at a time when there is less than a month left before the new rules are ...
In recent years, there has been a significant push for green energy alternatives in India to reduce carbon emissions. While the Adani Group has held a dominant position in the solar and wind energy sectors, the JSW Group appears to be preparing to pose a formidable challenge in the near future. Recently, JSW Energy secured ...
The announcement of the Unified Pension Scheme (UPS) by the Modi government has led to discussions among employees, many of whom are comparing it with the National Pension Scheme (NPS). The key difference is the guaranteed pension coverage under the UPS, which is not available in the NPS. In this article, we will examine which ...
Introduction In today’s world, the quest for passive income has gained significant momentum. Individuals are increasingly turning to passive funds as a viable investment option. This trend has led to a remarkable surge in investment within these funds, with a staggering 182% increase in investor participation over the past three years, bringing the total investment ...
The long-standing merger dispute between Zee Entertainment Enterprises (ZEEL) and Sony Pictures Networks India has finally been resolved. This resolution has resulted in a significant surge in ZEEL’s stock prices, which crossed the 150-rupee mark during the trading session. Analysts noted that this marked one of the most substantial increases in ZEEL’s share price in ...