Do you often keep contemplating the amount needed to save in order to become a crorepati? There is no need for concern; achieving this goal is within your reach. Various strategies exist to accumulate one crore or even more over an extended period. Whether your target is accumulating a corpus of Rs 1 crore, Rs
By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry. For manufacturers in India, this shift is not optional any more. It is a strategic necessity
Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
Shoppers Stop Ltd announced its fiscal second quarter earnings with a loss of Rs 20.59 crore in comparison to a profit of Rs 2.73 crore recorded during the corresponding quarter of FY24, due to subdued demand. It posted revenue from operations at Rs 1,114.87 crore, up 7.3 per cent as against Rs 1,039.12 crore during
By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they
Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
In a setback for Bharatiya Janata Party (BJP), several BJP leaders, including three former MLAs, switched to the ruling Jharkhand Mukti Morcha (JMM) just weeks before the upcoming Jharkhand Assembly elections. On Monday, former legislators Lois Marandi, Kunal Sarangi, and Lakshman Tudu made the move to join JMM. This shift follows closely on the heels
March 31 is the last day of the financial year, which is considered a very important date for taxpayers and investors. If you have not yet made the necessary investments to save tax or some important financial work is pending, then it is very important to settle them this month. Whether it is taking advantage
Investing in mutual funds can significantly contribute to wealth accumulation over time. Interestingly, these investments can also serve as collateral for securing a loan. Lenders may consider your mutual fund holdings as a guarantee, allowing you to obtain loans at competitive interest rates. Prior to approving the loan, lenders will evaluate the value of your
Shares of One 97 Communications Ltd, the parent company of Paytm, surged up to 7.54 per cent at 11:30 am on Tuesday to a trading price of Rs 740.75 after its subsidiary Paytm Money received green light from the Securities and Exchange Board of India (Sebi) to offer services as a research analyst. With this
The heatwave may not be good news for you but the AC industry is rejoicing… It is expected to deliver robust volume-led growth in Q4FY25 on the back of early onset of the summer coupled with aggressive channel stocking. The Indian Meteorological Department has predicted above-normal number of heatwave days in most parts of the
Bajaj Finserv’s share price fell 1.8% to an intra-day low of Rs 1,837. The stock was the major loser in the Nifty 50. The fall in share price came after Bajaj Group signed a share purchase agreement with Allianz SE to buy out its stakes in the joint ventures. The company will acquire a 26%
