Indian stock market icon Rakesh Jhunjhunwala may no longer be with us, but his legacy continues to inspire those looking to make fortunes in the share market. A significant contributor to India’s newest airline, Akasa Air, he witnessed the launch of its first flight service on August 7, 2022, just a week before he passed ...
Introduction The Reserve Bank of India (RBI) is poised to trigger a significant transformation in the lending landscape, particularly for the MSME (Micro, Small, and Medium Enterprises) sector. RBI Governor Shaktikanta Das announced the ongoing pilot testing of the Unified Lending Interface (ULI) on August 26. This technology-driven platform aims to streamline the loan approval ...
In recent times, India has been receiving positive news regarding its economy and GDP figures. However, a recent estimate has emerged that could dampen the spirits of both the government and the general public. According to a poll conducted by the foreign agency Reuters, India’s GDP for the first quarter might fall below 7 percent. ...
The Indian government is preparing to sell eight Public Sector Undertaking (PSU) companies, with a focus largely on fertilizer companies. This move comes after a hiatus due to the general elections. The government is now revisiting its previously planned privatization efforts, which had been put on hold. Let’s delve deep into the details of this ...
Gautam Adani, one of Asia’s wealthiest and India’s richest business tycoons, has made headlines not just for his immense wealth but also for the significant amount of debt he has accumulated. In the past year, Adani’s debt levels have seen a considerable increase. Surprisingly, loans taken from domestic banks have surged by approximately ₹18,000 crore, ...
Expect a Singaporean twist to the biryani. In the world of culinary experiences, the lines between different brands are often blurred. Fasos, Behrouz Biryani, Oven Story Pizza, and Eat Sure are all brands that are well-loved across India. However, many might not know that all this delicious food comes from the same kitchen. This kitchen, ...
Is gold once again poised to set new records? It certainly seems so. The price of gold on the Multi Commodity Exchange has surged by up to ₹2,200 in August, while silver has witnessed an increase of over ₹2,500 per kilogram. Experts believe that possible interest rate cuts from the Federal Reserve in September, along ...
Tata Sons, the largest business group in India, has been making waves in the market with its strategic moves one after another. Recently, the Reserve Bank of India (RBI) categorized Tata Sons as an upper-layer Non-Banking Financial Company (NBFC). As a result, it has become imperative for the company to launch an Initial Public Offering ...
On the occasion of Janmashtami, the stock market is witnessing a bullish trend right from the morning. Around 10 AM, the BSE Sensex showed an impressive gain of over 500 points. Concurrently, the Nifty index is trading near the significant 25,000 points mark. The surge in the stock market is largely attributed to the rising ...
The month of August is coming to an end, and September is just around the corner. For those who have postponed their bank visits from August to September, it is crucial to check the list of bank holidays for September. This will help you plan your trips effectively by knowing which days the banks are ...