In India’s economy, the role of public sector entities, particularly central public-sector entities (CPSEs), is paramount. These entities have been pivotal in driving capital expenditure (capex) and fostering economic growth. Let’s delve into the latest figures and trends shaping this crucial aspect of India’s economic development. CPSEs: Driving Capital Expenditure From April to January of …
Enhancing Transparency in Lending Practices The Reserve Bank of India (RBI) has recently taken a significant step towards enhancing transparency in the lending process by instructing lenders to integrate loan processing fees and documentation charges into actual interest rates. This move, emphasized by RBI Governor Shaktikanta Das, aims to provide borrowers with a clearer understanding …
In a groundbreaking development reported by Bloomberg, India is on the verge of finalising a historic trade deal with the European Free Trade Association (EFTA). This deal could potentially bring in a staggering investment of $100 billion over 15 years, marking a significant milestone in India’s economic relations with the European bloc. A Landmark Trade …
The all-new T+1 settlement rule is set to roll out from 25 February 2022 in a proper phased manner. It will be introduced in both the Bombay Stock Exchange and the National Stock Exchange and will begin with the bottom 100 stocks ranked according to their market capitalization in descending order. Earlier, SEBI cut down …
Cryptocurrency is a digital or virtual currency that uses cryptography or blockchain technlogy to secure online transactions. These are not government regulated currency but based on online trading value that depends on crypto market. Crypto tokens are are not accepted as an substitute of real currency, and thus, one must exchange them for real money …
In the world of currencies, the Indian Rupee (INR) has emerged as a shining star, defying the odds and standing tall in the global financial landscape. Let’s delve into the intriguing journey of the INR through 2023 and its promising start in 2024. Stability Reigns Supreme The year 2023 was a period of exceptional stability …
Israel’s recent security breach, marked by Hamas and Islamic Jihad’s unprecedented rocket attacks and border incursions, has ushered in a seismic geopolitical shift. The resulting casualties, including over 1,000 deaths in Israel, have reignited global tensions, sparking a surge in oil prices and market turbulence. This surge, coupled with heightened gold demand, carries implications for …
In the active land of global finance, a remarkable shift has unfolded as the Indian stock market surpasses Hong Kong to claim the fourth-highest equity market position worldwide. India’s Soaring Stock Market: A Spectacular Journey Trillion-Dollar Milestone India’s stock market capitalisation surpassed the elusive $4 trillion mark on December 5, 2023, marking a historic moment. …
Everyone has a dream, but there is one dream common for everyone – a peaceful retired life! Especially when the stress levels of work have increased significantly most want to get financially independent and enjoy a good peaceful life. No wonder when we set up a financial goal – retirement planning is considered the most …
Humans have learned to adapt and live a decent life over the years. What was considered impossible a century ago is considered to be impossible to live without now. India is a developing country, and the proof of the same is seen in the drastic increase in the life expectancy of Indians. While the life …
