The Reserve Bank has cut the repo rate again, and with US President Trump’s reciprocal tax hike coming into effect from yesterday, the Reserve Bank has lowered the country’s economic growth forecast for the current fiscal year from 6.70 percent to 6.50 percent. What is the benefit of a repo rate cut At the end … Read more
It’s like having a credit card without a card. Banks will provide a certain amount as a ‘credit line’ depending on the customer’s repayment habits and income. It will be linked to your mobile phone’s UPI. What is the benefit of credit line in UPI? When you buy goods or services in a store or … Read more
New Delhi, Apr. 8- Credit card loan outstandings have increased by 28 percent to Rs 6,742 crore in the last year, the Reserve Bank of India (RBI) said. what happens if you don’t pay your credit card loan Credit card usage has increased in the last three years due to increased consumer spending and use … Read more
New Delhi: To counter the global trade competition caused by the US’s reciprocal taxation, the central government should expand the production-linked incentive scheme to other sectors, SBI has urged in a statement. India has a good opportunity as the global trade pattern has changed. In particular, the US has imposed high taxes on Chinese products. … Read more
What is an ETF and how does it work? ETF stands for Exchange Traded Fund, and is a form of investment similar to a mutual fund. For example, the National Stock Exchange of India (NSE) Nifty index is made up of stocks of 50 companies. What is the main benefit of an ETF? In this, … Read more
Mumbai: sensex is falling, Fears of a global economic slowdown due to the US’s reciprocal tax imposition shook the Indian stock markets yesterday. Economic slowdown fears cause Sensex to fall During yesterday’s trading, the market indices Sensex and Nifty fell by 1,000 points and 350 points, causing investors to lose nearly Rs 10 lakh crore. … Read more
Yesterday’s Indian business news included a huge order for L&T, and a third Maruti plant in Haryana. Ferrari’s first maintenance center in Bengaluru Italian luxury sports car company ‘Ferrari’ has set up its first car maintenance service center in India in the Meena Kunde area of Bengaluru. It is operated by ‘Select Cars’, which imports … Read more
How to deal with SIP investment risk, When mutual fund returns are hit by market volatility, investors can recover from it. What will happen to SIP if market crashes? The stock market trend can change anytime and anywhere. The market situation has changed a lot in the last few months. Till September last year, the … Read more
Recently, the shares of a private bank suddenly fell sharply due to an audit error. A few months ago, a cooperative bank was in trouble and faced the control of the Reserve Bank. What is the safest way to deposit money? Many banks have been in trouble in the past. They have attracted attention. In … Read more
The Central Revenue Intelligence Agency (CRI) has seized 1,319 kg of smuggled gold in the last financial year 2023-2024 alone. Gold smuggling. Officials have warned that it is becoming a very profitable industry in our country. Which state in India smuggles the most gold Gold smuggling seized across the country in a single year is … Read more