The Power Finance Corporation Ltd (PFC), a prominent Maharatna company owned by the Government of India, has been making headlines as it prepares for yet another board meeting scheduled for March 12, 2023. Having distributed dividends four times in the current financial year, investors and stakeholders are keenly observing the outcomes of this upcoming meeting. ...
The Mobikwik IPO, a much-anticipated event in the financial market, was open for subscription from December 11 to December 13, 2024. The pricing range for this initial public offering (IPO) was set between ₹265 and ₹279 per share, presenting a compelling opportunity for investors looking to diversify their portfolios. With a minimum lot size of ...
The global economic landscape is undergoing significant changes that are impacting markets around the world. Factors such as market overvaluation, support for local companies in China, and tariff announcements by former President Trump have contributed to a bearish sentiment in domestic markets. Additionally, the ongoing trend of Foreign Portfolio Investors (FIIs) withdrawing funds from Indian ...
The economic performance of a country is often gauged by its Gross Domestic Product (GDP), a critical indicator of economic health. In the latest quarterly figures, India’s GDP has shown a notable increase, signifying a potential turnaround in its economic landscape. Understanding the factors contributing to this growth and its implications is essential for businesses, ...
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 ...