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Source: Live Mint Abhimanyu, the sixteen-year-old son of the mighty archer Arjuna, was displaying breathtaking bravery in the Mahabharata war. He not only killed a number of prominent warriors on the enemy side, but also managed to break the flagstaff of Bhishma, the supreme commander of the Kauravas, in a hugely symbolic moment. The energy…
Source: Live Mint The push for electric two-wheelers (2W) in India has been accelerating at an impressive rate, driven by a growing shift in consumer preferences from traditional internal combustion engine (ICE) vehicles to greener, more sustainable mobility options. This transition is driven by increasing environmental awareness, discounts on popular models, government incentives, and lower…
Source: Live Mint The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds. Despite…
Source: Live Mint SBI Cards and Payment Services Ltd’s shares are up about 10% so far in September. While there is general optimism about wholesale funding costs peaking for non-banking financial companies (NBFCs), SBI Card got an additional boost from a rating upgrade from ‘sell’ to ‘buy’ by Goldman Sachs. The brokerage firm raised the…
Source: Live Mint If you run short of cash and plan to withdraw your mutual fund investments, take a pause. There is another option: You can take a loan against mutual funds and not disrupt the long-term potential compounding of your investment. Several banks offer loans against mutual fund units at interest rates ranging from…
Source: Live Mint The Indian stock market extended its upward trend for the second consecutive trading session on Tuesday, tracking a rally on Wall Street overnight amid hopes of potential Fed rate cuts next week. The surge was led by gains in IT and pharma stocks, with a 5% increase in Nifty IT stocks, fueled…
Source: Live Mint Axis Mutual Fund has announced the launch of its latest investment product, the Axis Nifty500 Value 50 ETF, on September 9. This open-ended exchange-traded fund (ETF) aims to replicate or track the performance of the Nifty500 Value 50 TRI, providing investors with a value-based investment strategy in a basket of 50 companies…
Source: Live Mint Wadhwa started her journey when Facebook was thriving and Instagram was a photo-sharing platform. During this time, she created her online persona, Miss Coco Queen, a name that reflects her love for Coco Chanel and Alexander McQueen. “Back then I used to operate through blogs and Facebook posts, there was no video,”…
Source: Live Mint PN Gadgil Jewellers IPO: On day one of bidding, the initial public offering (IPO) of PN Gadgil Jewellers Limited received a strong response from Indian primary market investors. According to the PN Gadgil Jewellers IPO subscription status, the public issue has been booked more than the shares the jewellery brand offers. PN…
Source: Live Mint There has been a marked increase in the number of income tax notices issued to taxpayers across India in recent months. These communications – on everything from defective returns to demands for additional taxes – have caused anxiety and confusion, especially among individual taxpayers. This article delves deeper into the reasons behind…
