The prices of gold and silver are witnessing a decline in local markets, following a similar trend observed in foreign markets. For the second consecutive day, gold prices on the Multi Commodity Exchange (MCX) in India are experiencing sluggishness. Despite this downturn, gold remains above the ₹72,000 mark. Additionally, silver has seen a significant drop, ...
Introduction The financial world is currently abuzz with the latest findings from Hindenburg Research, which has turned its scrutiny away from the Adani Group and Sebi to target another major player: Super Micro Computer Inc., a Silicon Valley-based IT firm. Following the release of Hindenburg’s report, the company’s shares listed on NASDAQ experienced a significant ...
As the beginning of a new month approaches, several important regulatory changes are set to take effect in the country. With only three days left in August, many significant alterations will come into play starting in September, influencing the financial and daily lives of ordinary citizens. From credit card transactions to gas cylinder prices and ...
Recently, South Korean companies have shown a keen interest in the Indian stock market, which is gaining momentum as a hotspot for investment and growth opportunities. Following Hyundai’s decision to launch its IPO in India, another prominent South Korean company, LG Electronics, is reportedly considering a similar move. This growing trend raises the question: why ...
In recent developments, Zomato has transformed from just a food delivery service into a multi-faceted platform, now encompassing various services including quick commerce and B2B supply delivery through platforms like HyperShure. A noteworthy addition to its portfolio is the newly launched ticket booking business. While the impact of these services on Zomato’s profits and shareholder ...
Investing in Fixed Deposits: A New Era of Opportunities Traditionally, banks have offered fixed deposits (FD) for a maximum of 10 years. However, a significant change is on the horizon that could reshape the investment landscape. Suryauday Small Finance Bank is planning to extend the maximum term for fixed deposits to over 20 years. This ...
Are you planning to buy a new car this festive season but are on the lookout for discounts? You don’t need to worry! You can avail up to a 3% discount on a new car, provided you adhere to a condition set by Union Minister Nitin Gadkari. Major commercial and passenger vehicle manufacturers are offering ...
In recent developments, the Indian government has approved the implementation of the UPS (Uttar Pradesh State Pension Scheme) for central government employees. This initiative has led to a decline in the demand for the OPS (Old Pension Scheme), as many are now gravitating towards the newly introduced scheme. If you find yourself confused about the ...
One of India’s leading telecom companies, Airtel, led by Sunil Bharti Mittal, is set to discontinue one of its business ventures. Yes, you heard it right. Reports indicate that Bharti Airtel plans to exit the music segment and will be shutting down its Wink Music app. According to the information provided, the company intends to ...
The Securities and Exchange Board of India (SEBI) has imposed a two-year ban on Rana Sugars, along with its promoters and officials, from participating in the securities market. This decision follows a recent ban on industrialist Anil Ambani from the market as well. In addition to the ban, the board has levied a hefty penalty ...