Fixed Deposits (FDs) have long been a trusted investment option in India, particularly for senior citizens seeking financial stability and regular income. To cater to this demographic, Senior Citizen FDs offer enhanced interest rates and additional benefits, making them a popular choice among retirees. What Are Senior Citizen FDs? Senior Citizen Fixed Deposits are specialized
A historic milestone in regional energy cooperation was achieved on Nov 15, 2024 with the inauguration of the first trilateral power transaction from Nepal to Bangladesh through the Indian grid. This momentous occasion, celebrated with a virtual event, marks a significant step towards fostering sub-regional connectivity in the power sector, enhancing energy cooperation between the
Both the stock exchanges – the National Stock Exchange and BSE – to remain shut on Friday, November 15 on account of Guru Nanak Jayanthi. All trading activities, including equities, equity derivatives, and securities lending and borrowing, will be closed on November 15. The stock exchanges will continue regular trading from Monday, November 18. Also Read
Japanese motorcycle maker Kawasaki is offering special year-end discounts on its Ninja range of motorcycles, especially for the Ninja 650, Ninja 500, and Ninja 300. The special discount ranges from Rs 10,000 to Rs 35,000 and the offer is valid until stocks last. Here are more details on the discounts available for the Kawasaki Ninja
As the festive glow of Diwali begins to fade, it’s time to shift focus to a different kind of illumination—shining a light on your financial health. The weeks following Diwali mark an ideal time to reflect, reorganize, and reinforce your financial strategies before the year ends. Whether it’s maximizing tax-saving opportunities, reevaluating investment plans, or
NTPC Green Energy IPO will launch on November 19 and the company plans to raise Rs 10,000 crore from the primary markets. The IPO will close on November 22. The issue is entirely a sale of 92.59 crore fresh shares. The price band is set at Rs 102-108. But is it a good idea to
Happiest Minds Technologies, a Bengaluru-based digital solutions provider, forecasts robust growth in the second half of the year, stemmed from its recent investments in generative AI. Managing director and CFO Venkatraman Narayanan expressed confidence in the upcoming quarters, citing an uptick in business volume and a robust pipeline. The company is expanding into Africa and
Indian markets are shut on account of Guru Nanak Jayanti but there is a lot of action globally. The Asian markets are muted on weak cues from the US and investors are assessing key economic data from China. Wall Street ended lower on Thursday after Federal Chair Jerome Powell said that he’s in no hurry for
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
The China Securities Regulatory Commission (CSRC) has suggested implementing salary reductions of up to 50% for fund managers whose investment products either incur losses or fail to meet benchmarks by 10% or more. This initiative, announced on March 14, 2025, is part of efforts to reform China’s $4.6 trillion mutual fund sector in light of
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in
