Finance and Economy

Sensex and Nifty Finish FY23 on a High

Sensex and Nifty Finish FY23 on a High Note: IT Sector Leads the Charge

The Sensex and Nifty indices in India ended the FY 2022-2023 on a high note. The Sensex surged by 1,031 points, or 1.9%, to close at 52,925 on March 31, 2023. Meanwhile, the Nifty 50 rides to 308 points, or 1.8%, to end at 17,350. The positive trend was visible across most sectors with IT …

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UPI Transactions

Customers Won’t be Charged for UPI Transactions, According to NPCI

The National Payments Corporation of India (NPCI), on march 28, 2023 has declared that all Unified Payments Interface or UPI transactions which is over Rs. 2,000 shall be liable to get charged of a fee of 1% on the payments. This process is decided to start from April 1, 2023. This decision was taken by …

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SEBI's action against social media stock tips

SEBI Planning Accelerate Action Against Stock Tips From Social Media: Sources

In recent years, social media has become an integral part of our lives. It has also had a significant impact on the stock market. As a source of stock recommendations and advice, social media sites like Facebook, Reddit, and Twitter are becoming more and more popular among investors. Regulators have taken action after finding that …

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Finance Bill 2023

Finance Bill 2023 – Big Challenges on Debt Funds

The Finance Bill 2023 proposes substantial changes to debt fund taxes in India. The revisions are intended to close tax loopholes utilized for investment by high-net-worth people and family offices. The proposed revisions have unfolded varied reactions, with some experts predicting a negative impact on the bond market and investments in debt mutual funds. Investments …

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Navratri Financial Planning

Planning Your Money: The Lessons of this Navratri!

Navratri is the festival celebrated for Navdevi, also known as Nav Durga, a Hindu goddess to worship each of her forms. Interestingly, these forms can also be associated with financial planning principles. It is the occasion on which people pray to rekindle a good force that is desperately required following an entire year of hard …

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How to Grow Mutual Funds Distribution Business

How to Grow Mutual Fund Distribution Business?

Have you ever questioned why some people appear to have more success than others in reaching their ambitions and dreams? Their habits and mentality hold the key to the solution. Reaching one’s full potential and succeeding in several facets of life may be facilitated by cultivating a growth mindset and forming useful habits. In this …

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Importance of Social Media in Securities Market

Importance of Social Media in Securities Market

The importance of Social Media in Securities Market has been very important as investors has switched to gather information and make investments decision based on social media information dissemination at platforms like Twitter, Facebook etc. These can be particularly useful for companies as to get important news, announcements such as earnings reports, major deals and …

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Silicon Valley and Signature Bank

Bankruptcy of Silicon Valley and Signature! Impacts on Stock Market & Startups

Silicon Valley Bank and Signature Bank Collapse: Impact on Indian Startup Ecosystem and Stock Market Volatility The recent collapse of Silicon Valley Bank and Signature Bank has sent shockwaves throughout the global financial community. Both banks were known for their support of the tech and startup sectors, making their sudden closure particularly concerning for entrepreneurs …

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