Business

What is DHFL Scam What was Dheeraj Wadhawan arrested for

What is DHFL Scam? What was Dheeraj Wadhawan arrested for?

On The Tuesday of 14th May 2024, Dheeraj Wadhawan,  an influential figure in the financial sector was arrested by the Central Bureau of Investigation (CBI) in the concern devoted to Dewan Housing Finance Corporation Ltd (DHFL) which involved scam of  a whooping Rs 34,000 crore. After being taken into prison in Mumbai on Tuesday night, …

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Top UPI Market Share in India

Top UPI Market Share in India

UPI (Unified Payments Interface) launched on 11th of April 2016 has been like a boon to the lives of many. Whether it be outgrowth of the Indian economy, ease of expenditure and hassle free way of transaction of money, UPI stands tall supporting 300 million Indian active users nationwide carry out their financial deeds tension …

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Go Digit Insurance IPO GMP

Go Digit General Insurance IPO Review

One of the top non-life insurance providers in India, Go Digit General Insurance is renowned for its advanced offerings and customer-oriented approach. Let’s explore its advantages, disadvantages, possibilities, and risks as it prepares for its Initial Public Offering (IPO). ADVANTAGES DISADVANTAGES POSSIBILITIES OF GROWTH POTENTIAL RISKS

Inheritance Tax

What is Inheritance Tax in India ? Example, Works and Benefits

The notorious Inheritance Tax was a crude mechanism solely aimed for the asset transfer from the dead to the eligible living to let down the disparity of injustice and inequality amongst families or government. In India it was applied by the British on 1953 while it was withdrawn by the Rajiv Gandhi Government on 1985. …

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Elon Musk in India

Elon Musk is Expected to declare a $2–$3 Billion Investment in India While there

Elon Musk, the CEO of Tesla, is expected to announce an investment of between $2 and $3 billion when he visits India next week, according to Reuters, which cited people with knowledge of the situation. The article states that Musk is anticipated to declare the amount of investment for India without disclosing specifics like a …

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How Do I Read The Balance Sheet

How Do I Read The Balance Sheet?

A balance sheet is merely an image of a company’s financial health at a certain point in time, but reading one can be intimidating. This is a condensed guide: Recall that although the balance sheet provides insightful information, it is only one component of the jigsaw when assessing the financial health of a company.

How Does the Attack on Israel by Iran Affect Crude Oil Prices

How Does the Attack on Israel by Iran Affect Crude Oil Prices?

● Geopolitical strife in the Middle East caused a 1% hike in oil rates on Friday, as worries about possible supply interruptions mounted. Brent crude concluded at ₹6,591 per barrel, with U.S. West Texas Intermediate crude climbing to ₹6,264, despite experiencing a weekly decline due to a pessimistic outlook on global oil demand growth from …

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Fundamental Financial Terms

Fundamental Financial Terms You Should Know!

Understanding financial terms is essential as these terms provide the language necessary for proper decision-making in the financial world in maybe managing personal investments or analyzing corporate balance sheets, familiarity with concepts like assets, liabilities, and cash flow is paramount. A grasp of financial terminology empowers individuals to make informed choices, mitigate risks, and pursue …

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Economy of Social Media Influence on India

Economy of Social Media Influence on India

India’s social media economy has grown significantly, which is not surprising given the nation’s rapidly developing digital ecosystem and the extensive use of social media platforms. With more than 500 million active social media users and over 600 million internet users, India offers influencers a sizable market to exploit their online presence for financial benefit. …

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