Duration funds, which invest in longer-maturity bonds, have the potential to generate higher returns compared to funds with shorter durations. When interest rates decline, the prices of longer-duration bonds rise more than shorter-duration bonds, allowing duration funds to capture greater capital appreciation. This can lead to stronger overall returns for investors during periods of falling…
The 53rd meeting of the Goods and Services Tax (GST) Council is scheduled to take place on June 22, 2024, under the chairmanship of Union Finance Minister Nirmala Sitharaman. This meeting comes after a gap of eight months and is significant as it is the first council meeting following the NDA government’s third-term win in…
Zepto, a prominent player in the rapid grocery delivery market, has recently made headlines by raising an impressive $665 million in its latest funding round. This significant capital infusion comes as the company prepares for its initial public offering (IPO) next year, marking a pivotal moment in its growth trajectory. With this new round of…
The Nifty Financial Services Ex Bank Index is gaining traction among investors for several compelling reasons, making it a potentially attractive option in today’s financial era. This index, curated specifically to exclude banking stocks, offers unique advantages and opportunities that cater to diverse investment strategies and risk appetites. Understanding The Nifty Financial Services Ex Bank…
On June 18, 2024, millions of Reliance Jio users across India were left without internet connectivity and disrupted voice call services as the telecommunications giant experienced a significant service outage. This unprecedented disruption has sparked widespread concern and frustration among subscribers, underscoring the critical dependency on mobile networks in today’s digital age. The Scope Of…
Trade finance, the lifeblood of global commerce, is undergoing a profound transformation with the integration of digital supply chain management (DSCM) into traditional banking practices. This evolution promises to revolutionize how financial institutions support international trade, offering unprecedented efficiency, transparency, and risk management capabilities. Traditional Challenges In Trade Finance Historically, trade finance has been plagued…
Shareholders at Tesla have made a significant decision, choosing to maintain Elon Musk’s compensation schedule, which includes a record-breaking $44.9 billion pay package. This move comes after a contentious shareholder referendum, with some notable investors expressing opposition to the deal. Despite the controversy, the majority of shareholders have approved the package, which is seen as…
The recent filing of the initial public offering (IPO) by Bajaj Housing Finance, a subsidiary of Bajaj Finance, has sent shockwaves through the financial markets. The proposed IPO, worth ₹7,000 crore, is expected to be a significant milestone in the company’s growth trajectory. In this article, we will explore the implications of this IPO on…
Cashback offers have become a favorite marketing tactic for businesses across India, from e-commerce giants to local retailers. The lure of getting a portion of your money back after a purchase is undeniably attractive. However, with the rise of these offers, there’s also been an increase in cashback scams. Fraudsters are constantly devising new ways…
Creating long-term wealth might sound like a daunting task, but with the right approach, anyone can achieve it. One of the most effective ways to grow your wealth over time is by investing in the stock market. To do this efficiently, you’ll need a Demat account. A Demat (short for dematerialized) account allows you to…
