By Manas Kumar Chaudhuri & Pranjal Prateek The Unified Payments Interface (UPI) has transformed how day-to-day money transactions take place in India, primarily driven by the enabling digital payments ecosystem that has allowed private players/ enterprises to invest, innovate, and thrive by utilizing the digital infrastructure built on the UPI rails. UPI’s open architecture has
Sectoral mutual funds have yielded great returns to investors. If you are also thinking of investing in sectoral mutual funds, here are some funds that have performed well in the last 5 years. But you should always remember that the past performance of any fund doesn’t guarantee future returns. What is sectoral fund? Sectoral funds
Managing healthcare expenses can be challenging when it comes to maintaining overall financial well-being. Doctor visits, prescriptions, and OPD expenses are unscheduled and cannot be planned for, as one does in case of hospitalisation expenses. Whereas the expenditure towards a scheduled surgery or an emergency can be estimated and prepared for, OPD can arrive anytime;
The Diwali season represents an optimal period for banks to introduce exclusive festive promotions on loans, fixed deposits (FDs), and various other financial products. Individuals seeking to make significant purchases, initiate new investments or refinance current loans will find this festive period to be an advantageous time to investigate the available offerings. Let’s take a
Have you bought gold jewellery on Dhanteras and not sure about the purity of the item? Though gold hallmarking is mandatory now for all products, large or tiny, sold by jewellers, customers still want to be sure about the purity of gold items they intend to purchase or have already bought. In this article, we
Surendra Hiranandani-led House of Hiranandani, a premium brand name in Indian real estate, has announced its strategic investment of Rs 12,500 crore to deepen its presence in the Mumbai Metropolitan Region (MMR) in the next 24 months. With luxury development of over 7.3 million square feet, House of Hiranandani aims to capitalise on the region’s
PM-JAY Ayushman Bharat Yojana: Prime Minister Narendra Modi on October 29 formally launched health coverage plan for all senior citizens aged 70 years and above irrespective of income under the flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). The Union Cabinet earlier this month approved the health coverage plan, which will additionally
Gold has long been a prized asset globally, sought after by central banks, institutional investors, and individuals alike. For decades, India has been one of the largest consumers of gold, and the yellow metal plays a significant role in the country’s culture. Through centuries, Indians have shown a deep appreciation for gold, especially during traditional
Go to Live UpdatesMamata Machinery Share Price, IPO listing Live Updates: The IPO is all set to hit the exchanges on December 27. The IPO was subscribed to a total of 194.95 times. The retail investors booked the issue 138.08 times and employees booked it 153.27 times. The QIBs subscribed to the issue 235.88 times.
Go to Live UpdatesDAM Capital Share Price, IPO listing Live Updates: The IPO is all set to make its debut on the exchanges – NSE and BSE – on December 27. The IPO allotment was finalised on December 24. The issue was subscribed to a total of 81.88 times. The retail portion was booked 26.8
With many investors early awaiting with much anticipation of upcoming listings, the Indian stock market prepares for an exciting day tomorrow (December 27), with 6 IPOs set to make their debut. From grey market premiums (GMP) indicators to subscription figures, here is what investors need to know about these IPOs and their potential listing prices.
With global supply chains increasingly tilting in India’s favour, the manufacturing sector is poised for a transformative era, Tata Sons chairman N Chandrasekaran said on Thursday in his New Year message to employees. Describing the present moment as “a new manufacturing golden age for India,” Chandrasekaran expressed hope and optimism for 2025, following a challenging
In a setback to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company’s annual general meeting (AGM) scheduled for December 31. Earlier this month, RBI