In this series of largest scams in India, our next scam is Vasundhara Raje Deendayal Upadhyaya Trust Scam 2006. Remembered as one of the biggest trust scams, it is settled in Rajasthan. Vasundhara Raje Deendayal Upadhyaya was the former, a BJP leader was the former CM of Rajasthan. She had founded the charitable trust named …
Vasundhara Raje Deendayal Upadhyaya Trust Land scam 2006 Read More »
In recent years, the telecommunication industry has witnessed all new changes, with 4G technology carving the way for faster speed of internet and connectivity. However, amidst the progress, there was a massive allegation of scam involving Reliance and a staggering RS. 23,000 crores raising hot debates among everyone. This is the second scam next to …
An index fund is a term that means mimicking of a specific market index like S&P 500 to get a nearly greatest return by following the rhythm of the fund. The market usually follows through a diversified portfolio with a low and transparent cost that reflects the original index fund. Based on the way of …
In the early 2000’s, the scam which shattered the country’s whole economic condition was the Stamp Paper Scam, 2003. The helmsman of this scam is Abdul Karim Telgi. Born in Khanapur, Karnataka, Abdul hailed from a middle-class family whose parents worked as vendors in the Khanpur Railway Station. Due to their weaker economic condition, he …
For Long-term investors a Yield to Maturity (YTM) works as a crucial factor. It indicates the maximum potential returns of a debt fund that one acquires until it gets matured. As the predictability is low in this case, the returns can be calculated by using yield to maturity. The simple formula helps a lot in …
The Great Recession of 2008 stands as the most crucial economic crisis of modern history. Stemming from a perfect storm of interconnected factors, this recession shaped the way governments, financial institutions, and societies approach economic stability. In this article, let us delve into the key causes, consequences, and lessons learned from the Great Recession. A …
In the world of financial investment, credit default swaps (CDS) is one of the most popular terms. It refers to the buying of credits from another lender or to exchange the debts in case of default of payment. A derivative product assists investors to nominate any other investor to reimburse the amount at the time …
Credit Default Swaps (CDS) – Everything You Need to Know! Read More »
‘Monopoly’ means the exclusive possession or control over a thing or commodity or trade in a particular industry or sector. Companies composed of monopoly stocks are said to be having monopolistic control over a particular sector. So, basically it dominates a particular industry with a low or absolutely no competitors leading to a giant company …
What are Monopoly Stocks? – Meaning, Types, & Example Read More »
Honoring the memory of Rakesh Jhunjhunwala, the legendary Dalal Street Big Bull, on the occasion of his first death anniversary. The D-Street stockbroker who showed many retail investors to pave their way in the stock market world. A chartered accountant himself, Rakesh Jhunjhunwala started his journey with Rs. 5000 in 1985 and made his way …
Paying Tribute to Rakesh Jhunjhunwala: The Big Bull of D-Street! Read More »
Recently, RBI governor Shaktikanta Das announced that now users can transact an amount upto 500 rupees instead of the previous 200 rupees without UPI pin for easy transaction via UPI Lite wallet. UPI Lite is an on-device wallet, which means it allows users to navigate the payments via the digital payment wallet. The RBI governor …
RBI Declared ₹500 Transaction Without Pin Limit Via UPI Lite from ₹200 on Thursday Read More »
