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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
The fintech company has been barred from accepting fresh deposits and carrying out credit transactions for consistently flouting RBI guidelines
By absolute value, the biggest gainers this year were Microsoft, up US$708bn, and Nvidia up $697bn, followed by Meta Platforms up $466 bn.
Los Angeles is the city with the most crypto ATMs (1810 ATMs) in the world.
In new-age plans, if one of the spouses has already subscribed to a policy, the nine-month waiting period for the other spouse is waived off.
The last week saw an inflow of $549 million into India-dedicated funds, led by large-cap funds. Out of this inflow, $120 million was from US investors and $145 million from Japan investors.
Cashs level for largecap and midcap schemes have already dropped to February 2022 lows and now much below the long-term average. Smallcap
NCR saw maximum growth (of 37%) in avg. flat sizes among top 7 cities - from 1,375 sq. ft. in 2022 to 1,890 sq. ft in 2023
In the calendar year 2023, financials saw FPI net flows of $6012 million and industrial stocks saw flows of $7127 million.
SBI Ecowrap estimates that the state government earn an additional tax revenue of Rs 20,000-25,000 crore due to a huge spurt in several tourists during fiscal year 2025.
Brokerage ICICI Securities' preference is reasonably valued cyclical stocks over expensive defensives with growth concerns.
Generally, high-end credit cards from Amex and HDFC come with travel Insurance inbuilt where they have partnered with the insurers and cover the same benefits
Fifty per cent of the amount donated for renovation/repair of the Mandir to Shri Ram Trust is eligible for deduction under Section 80G.
FY25 equity inflows to exceed the $36.7bn inflows of FY21
In contrast, 2022 saw 82 land deals for 2,508+ acres closed; thus, 2022 and 2023 together saw 179 deals for 5215+ acres
A new study by SBI Research has revealed that income inequality has declined in recent years, supporting the trend of upward migration through increased income and ascent of the Indian middle class
Kotak expects expect net profits of the Nifty-50 Index to grow 18% in FY2024, 11% in FY2025 and 12% in FY2026
Travel and e-commerce cards witness faster adoption
Fundraising activity for funds located in India saw a 51% decline compared to a year ago and amounted to $6.6 billion in 2023.
Defensives attract attention in CY23; the BFSI pack contracts
In CY23 US, India & Japan have been the biggest recipients of foreign flows. Outflows were seen across Europe.