The PM Shram Yogi Maandhan Yojana is a pivotal initiative aimed at enhancing the living conditions of unorganized sector workers in India. By providing a minimum monthly pension of ₹3,000 post the age of 60, this scheme addresses the financial security concerns faced by workers who often lack a stable income and social security benefits. ...
The stock market is currently experiencing a challenging period, with investors facing significant volatility and uncertainty. As of today, Tuesday, marks the third consecutive day of decline, with the benchmark BSE Sensex closing below the key psychological level of 73,000, reflecting a decrease of 96 points. This downturn has prompted concern among traders and analysts ...
The Indian stock market is currently experiencing significant challenges, marked by a trend of consistent decline. In February, the benchmark index Nifty 50 registered its longest monthly losing streak in 29 years, highlighting the severity of the situation since 1996. This article delves into the reasons behind this downturn, potential impacts on the economy, and ...
In the fast-paced world of finance, Initial Public Offerings (IPOs) serve as a significant gauge of market health and investor sentiment. The Indian IPO landscape for 2023 has shown a relatively slow start, but promising developments are on the horizon. Notable companies such as Tata Capital, Reliance Jio, and others are preparing to make their ...
In recent years, the shift to floating rate loans linked to External Benchmark Lending Rate (EBLR) has transformed the banking landscape in India. This change impacts how borrowers are affected by fluctuations in interest rates, particularly when it comes to home loans. Understanding the implications of EBLR for borrowers is crucial, as any adjustments made ...
The global financial markets have recently faced significant turmoil, primarily triggered by a stark announcement from former U.S. President Donald Trump regarding an additional 10% tariff on Chinese products. This decision sent shockwaves through stock exchanges around the globe, resulting in marked declines in various indices, including India’s benchmark indices, Sensex and Nifty, which plummeted ...
On Thursday, the shares of five major wire and cable companies experienced significant declines. These companies include Polycab India Limited, Havells India Limited, KEI Industries Limited, Finolex Cables Limited, and RR Kabel Limited. Understanding the factors behind this dip can provide valuable insights into the current market trends and the overall health of the electrical ...
Vakrangee Limited is poised to be in the spotlight during Thursday’s trading session. This attention comes as the company has announced a strategic corporate agency tie-up with Aditya Birla Capital’s health insurance arm, Aditya Birla Health Insurance Company Limited (ABHICL). This partnership aims to enhance the distribution of health insurance products, thus marking a significant ...
The stock market has always been a realm of both opportunity and risk, reflecting the economic pulse of a nation. Recently, the Indian equity market has witnessed significant turbulence as foreign investors pull out large sums. In this article, we will delve into the recent trends in foreign investments, the implications of these withdrawals, and ...
The recent stock market crash in India highlights the growing concerns among investors and the impact of global factors on domestic markets. For the fifth consecutive session, the Indian stock exchanges have faced sharp declines, driven by significant outflows of foreign institutional investors (FIIs), weakening global cues, and apprehensions regarding potential trade wars between major ...