Gold Sales Surge on Raksha Bandhan Festival This year, the Raksha Bandhan festival saw a remarkable increase in gold sales across the country, generating a staggering ₹12,000 crores in revenue. Despite the rising prices, the demand for gold and beautifully crafted rakhi gifts remained robust, indicating the festive spirit and economic resilience of consumers in ...
Understanding Co-Payment in Health Insurance In the wake of the COVID-19 pandemic, individuals have become significantly more aware of the importance of health insurance. As a result, many are prioritizing health policies that best cater to their needs. However, when purchasing health insurance, most people focus heavily on the premium costs and coverage amounts. This ...
Understanding Systematic Investment Plans (SIPs) Enhancing financial stability through investment is a crucial step in achieving your financial goals. However, many individuals struggle to comprehend how small, regular investments can lead to substantial profits over time. This is where Systematic Investment Plans (SIPs) come into play. An SIP is a structured and disciplined investment strategy ...
MobiKwik Achieves Profit Ahead of IPO: The startup sector is experiencing significant upheaval lately. On one hand, Ola Electric’s IPO received an overwhelming response from the market, and the company has dramatically reduced its losses. Meanwhile, the fintech startup MobiKwik, which is preparing for its own IPO, has made headlines by recording its first-ever profit. ...
Cute Charge on Flights Image Credit source: Unsplash The idea that looking ‘cute’ could incur a charge has taken social media by storm, with questions circulating about the so-called ‘Cute Charge.’ This charge was purportedly imposed on an IndiGo flight, prompting users to ask whether such fees were being levied based on one’s appearance or ...
Understanding the National Pension Scheme (NPS) In India, while government employees enjoy the benefits of a pension post-retirement, private sector employees often find themselves in a precarious situation regarding their financial security in old age. To address this concern, the government has introduced various pension schemes over time, one of which is the National Pension ...
Recent news from the Federal Reserve in the United States has caused a significant fluctuation in gold prices in India, pushing them towards record highs. On the Multi Commodity Exchange (MCX), gold prices reached ₹71,597 per 10 grams on Monday. In the local bullion market, prices have surged to nearly ₹72,650. Post-market opening on Monday, ...
Transforming Government Ration Shops: A New Era Ahead The traditional government ration shops in your local neighborhoods are about to undergo a significant transformation. Known primarily for their offerings of wheat, rice, and sugar in sacks, many of these shops have gained a reputation for their dimly lit surroundings and inadequate facilities. However, the central ...
In 2024, Forbes published its list of the world’s youngest billionaires, featuring a total of 2,781 individuals from various countries. This year’s list has seen an increase of 141 billionaires compared to last year, highlighting the ever-expanding wealth landscape. Among the prominent names included are iconic figures like Elon Musk, Jeff Bezos, Mukesh Ambani, and ...
In recent days, a significant buzz has emerged around Anil Ambani’s company, Reliance Power, which has shown remarkable growth. Despite the backdrop of Anil Ambani’s financial struggles, including declaring bankruptcy, the company’s stock has surged by an impressive 15.72% within just three days. This resurgence is bringing hope to investors, as the stock price reached ...