Finance and Economy

Bollywood Stars Startups

Bollywood Stars Invest in Startups: The Recent Growing Trend

The startup ecosystem has been growing up rapidly, due to a surge of entrepreneurs creating innovative solutions for everyday problems. Recently, many Bollywood investors have contributed to fuel this growth. Many startup companies got funded copiously by these celebrities. We would discuss in this article a closer look at what is the driving force of …

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Equity Inflows 2023

Equity Inflows Increase, and Debt Funds Sees Outflows: March 2023 Fund Flows in India

Equity funds are again gaining popularity being chosen as top priority by potential investors. In a recent report by AMFI (Association of Mutual Funds in India),  it was found out that almost 31% inflows came out month by month reaching  12months this March 2023. In addition to that, specific rise in SIP investments by retail …

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Mutual Fund Taxes

SEBI to Include All Mutual Fund Taxes and Expenses in TER

Recently, the Securities and Exchange Board of India (SEBI) has announced that it will incorporate all expenses and taxes within the total expense ratio or TER charged by mutual fund companies. The move is aimed to bring more transparency to the mutual fund industry, and ensure that investors are out of any additional fees on …

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EdTech Unicorns

EdTech Unicorns Brace for Slower Growth in FY24 Due to Changing Market Conditions

The EdTech industry has been on a rollercoaster ride over the past two years, with the pandemic accelerating the adoption of online learning. EdTech unicorns in India had a stellar year in FY22 with massive user growth, aggressive advertising, and huge ESOP coats to attract and retain top talent. However, the industry is bracing for …

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Income Tax Regime Selection

Income Tax Regime Selection: Why You Must Act Now to Preserve Deductions and Exemptions

As the new financial year begins, it is important to be aware of the income tax regime you are selecting as an employee. The old regime provides various exemptions and deductions while the new regime offers a low tax rate without any exemptions and deductions. All employees who want to opt for the old regime …

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Johnson & Johnson Case

Johnson & Johnson Wants to Settle Cases For $8.9 Billion.

Johnson & Johnsons faces again a multi-billion dollar lawsuit over their baby products safety concerns! In a recent  lawsuit against Johnson & Johnson, the largest baby product company was charged almost $8.9 billion due to their safety issues in the product. The lawsuit alleges that the company’s baby powder products contain asbestos, which is a …

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IRDAI Launches Direct Insurance Options

IRDAI’s New Direct Plans for Increases Choice and Lower Costs

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced direct plans in the insurance sector. The aim of these processes is to offer more choices to customers and increase transparency in the market. Direct plans will enable customers to buy insurance policies directly from insurers, even without the intervention of intermediaries such as …

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English Grammar saved Yes Bank Millions of Dollars

How Proper English Grammar saved Yes Bank Millions of Dollars

In a recent incident, a lawsuit filed against “Yes Bank” by “Cantor Fitzgerald bank” ruled that Yes Bank was saved by an accurate grammar usage in the clause of a contract. “Yes Bank” which is India’s leading private sector bank saved millions of dollars in a recent judgment of court provided to its strict adherence …

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HUL reduces MRP of Popular Household Products

Price Relief for Consumers: HUL reduces MRP of Popular Household Products

In a recent news published in ZEE Business, it was reported that prices of some household products of the brand Hindustan Unilever have been curtailed to a maximum 25%. This includes popular household cleaning and personal products like Surf excel, Rin , Vim & Lifebuoy. The aim of this move by Hindustan Unilever is to …

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