News and Updates

What is the Boycott Maldives issue and how might it affect the economy of the Maldives?

The incident began when Maryam Shiuna, Malsha Shareef, and Mahzoom Majid, three deputy ministers in the Maldives’ Ministry of Youth Affairs, made disparaging remarks about India and the Prime Minister during his recent visit to Lakshadweep. Subsequently, they speculated that the Indian Prime Minister’s visit to Lakshadweep was intended to undermine Maldivian tourism, which is …

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Top 5 World Economies

Business, Finance and Economy, News and Updates / By My Finopedia / January 6, 2024 January 6, 2024

The system of producing, distributing, and consuming products and services within a society is referred to as its economy. It is important because it affects how resources are allocated, society well-being, and individual livelihoods. The quality of life is impacted by growth, employment, and general prosperity that are fostered by a stable and well-functioning economy. …

All About Latest Revision of the Sukanya Samriddhi Yojana

Finance and Economy, Investing, News and Updates / By My Finopedia / January 2, 2024 January 2, 2024

A government-backed savings programme in India called the Sukanya Samriddhi Yojana aims to improve the financial security of young girls. It was introduced as part of the Beti Bachao, Beti Padhao initiative and comes with tax advantages and a high interest rate. For a girl under the age of ten, parents or guardians may start …

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Gurpatwant Singh Pannun – Khalistani Militant threatens Indian Economy with Stock Market Attack

Finance and Economy, News and Updates / By My Finopedia / January 1, 2024 January 1, 2024

Khalistani leader Gurpatwant Singh Pannun allegedly called for the “economic destruction” of India in a new threat message, threatening to start attacking the National Stock Exchange and the Bombay Stock Exchange on March 12. In a video statement posted on Monday, Pannun stated, “The call to target BSE/NSE from 12th March is aimed at destroying …

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How can MFD deal with Finfluencers?

Finance and Economy, Mutual Funds, News and Updates / By My Finopedia / December 28, 2023 December 28, 2023

The utilisation of Mutual Fund Distributor (MFDs) is crucial in managing the difficulties presented by financial influencers, also referred to as finfluencers. These people, who frequently use social media, use their online presence to sway financial decisions. With their cutting-edge technology, MFDs can successfully tackle this problem. First off, sentiment analysis algorithms can be used …

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The Impact of the Russia-Ukraine War on the Global Economy

Finance and Economy, News and Updates / By My Finopedia / December 25, 2023 December 25, 2023

The conflict between Russia and Ukraine has profound effects on many different areas of the world economy and has led to broader financial implications. Here are few detailed ones :- Sanctions and geopolitical unpredictability impact international trade, disrupting trade flows. Disruptions to the supply chain occur, especially in sectors of the economy that depend significantly …

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Effects of the Upcoming Election on the Stock Market

Finance and Economy, News and Updates, Stocks Market / By My Finopedia / December 23, 2023 December 23, 2023

General elections in India have an impact that goes beyond politics. It has a big impact on the stock markets and economy of India. We shall examine the connection between the Indian stock market and general elections in this essay. It will assist you in making plans for the upcoming months. During election seasons, the …

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Union Budget 2024-25 Expectations Key Highlights

Finance and Economy, News and Updates / By My Finopedia / December 21, 2023 December 21, 2023

The whole budget for the financial year that follows, or FY25, will be unveiled in July following the election of a new government. It is improbable that the government would unveil major policy changes in the February 1 budget. As a result, there is little possibility that policies that could boost market mood and give …

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What is the GDP forecast for FY24

Finance and Economy, News and Updates / By My Finopedia / December 20, 2023 December 20, 2023

According to S&P Global Ratings, India’s economy would expand more quickly in FY24 than it did in earlier projections before slowing down in the following fiscal year. Because of significant internal tailwinds, the rating agency increased its GDP growth estimate for the fiscal year 2024 from 6% to 6.4%. In the initial portion of the …

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What exactly shall be your strategy when the Sensex crosses the 70,000 mark?

News and Updates, Stocks Market / By My Finopedia / December 19, 2023 December 20, 2023

On December 11, the Sensex had its first-ever break above 70,000, while the Nifty reached 21,000, indicating that the bullish momentum in the equity market persisted. In its latest policy decision, which was made public last week, the RBI stated that it is witnessing a rise in private consumption, a fortification of manufacturing, and buoyancy …

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