Introduction The recent coup in Bangladesh has sent shockwaves not only throughout the country but also across borders to India. The impacts are particularly profound for Gautam Adani, one of India’s wealthiest industrialists, who stands to suffer substantial losses. While Adani’s businesses are among the most affected, he is not alone; four other Indian companies ...
Elon Musk, renowned as the world’s richest person, consistently achieves remarkable feats in the realm of technology and space. On Wednesday, his company SpaceX is set to launch the world’s first commercial spacewalk, dubbed ‘Mission Polaris Dawn,’ which will take a crew of four individuals into outer space. Among the ‘space tourists’ is a notable ...
The Securities and Exchange Board of India (SEBI), the market regulator, has issued a show-cause notice to Paytm’s founder, Vijay Shekhar Sharma. This notice questions the classification of Sharma as a ‘non-promoter’ during Paytm’s IPO (Initial Public Offering) launch, which SEBI alleges was a misclassification. However, the crux of the matter transcends the IPO classification; ...
The central government has announced the Unified Pension Scheme (UPS), reigniting discussions surrounding pensions. Starting from the next fiscal year, not only will the UPS be implemented, but the government’s financial burden may also increase by over ₹6,200 crore. Over the past few days, there has been considerable discourse regarding the UPS, the National Pension ...
The remarkable journey of the Dhingra Brothers—Kuldeep Singh Dhingra and Gurbachan Singh Dhingra—illustrates how two ordinary individuals transformed a struggling business into a thriving empire. These brothers are the proud owners of Berger Paints, one of India’s leading paint manufacturing companies. Their story is particularly inspiring, especially considering that they took over a company that ...
Gold and Silver Prices Experience Significant Decline On Tuesday, August 27, 2024, the prices of gold and silver witnessed a substantial drop. As the market opened, both precious metals faced a decline of over 200 rupees. Just a day earlier, gold prices had surged past 72,000 rupees, while silver was trading above 85,000 rupees. Experts ...
If you have filed your Income Tax Return (ITR) after the deadline, this news may shock you with its implications. Even if you paid a fine of ₹1,000 or ₹5,000 for filing a belated ITR, the government has made a substantial profit from this process. The Income Tax Department set the last date for ITR ...
If you are looking to earn from the stock market, this news could be of great interest to you. A solar panel manufacturing company is presenting an excellent opportunity, with analysts estimating a potential profit of ₹300 per share. The Initial Public Offering (IPO) of Premier Energies Limited, a company specializing in integrated solar cells ...
As individuals age, concerns about retirement income tended to heighten, particularly when one reaches or surpasses the age of 40. If you’re wondering how to secure a monthly pension of ₹50,000, we have an actionable approach for you through the National Pension System (NPS). Let’s explore what the Unified Pension Scheme (UPS) is and how ...
Although the Reserve Bank of India (RBI) has not reduced the repo rate, leading to high home loan rates, the demand and prices for properties continue to rise consistently. In the first quarter, significant increases in property prices have been observed from Delhi to Chennai. Notably, the highest appreciation has been recorded in the Delhi-NCR ...