Strategic Investment for the New Fiscal Year Generally, the start of the fiscal year is a good time to review investment and tax saving plans and chart a path for the future, especially since major changes, including tax rates, have come into effect since April. Strategic investing for the new fiscal year in india Therefore, … Read more
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
New Delhi: In the last 6 trading sessions of this month, foreign equity investors have invested nearly Rs 31,000 crore in Indian equity markets, data shows. is fdi increasing in india In the last 6 trading sessions of this month, i.e. from March 21 to 28, foreign equity investors have invested nearly Rs 30,927 crore … Read more
New Delhi: Following the advice of SEBI, the National Stock Exchange (NSE) has announced that it will postpone the decision to shift the expiry date of weekly contracts in pre-trade from Thursday to Monday. BSE shares rise due to NSE’s decision The National Stock Exchange of India (NSE) announced in early March that weekly contracts, … 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