Prospects for Investment and Considerations for Investors. The electric vehicle industry in India has hit a purple patch. It has become the poster boy for investment in future technology owing to 100% FDI, a new manufacturing hub and an increased interest in improving the charging infrastructure. Federal subsidies and policies that make it easier to… Continue reading Electric Vehicle Industry in India: Investment Perspective and Points that Investors Should Pay Attention
Month: October 2022
Buy Low, Sell High: The Secret to building incredible Wealth for the future
Learning how to build wealth from nothing seems like “Mission Impossible”. But, it is possible to build wealth from nothing and those who are achieving the “impossible” are doing so with increasing profits. Investors that buy low and sell high do so to increase their profits. If the stock price rises, a day trader buys… Continue reading Buy Low, Sell High: The Secret to building incredible Wealth for the future
What is Muhurat trading? Check the date, stock market timing and all other details.
Samvat 2079 will begin on October 24, 2022, during the Muhurat trading session. On Diwali each year, domestic markets conduct a special one-hour trading session to mark the beginning of the Hindu calendar year, Vikram Samvat. During Diwali, the main ritual is the Lakshmi puja. A separate ritual known as chopda (books) pujan is however… Continue reading What is Muhurat trading? Check the date, stock market timing and all other details.
Banks hike FD rates. Are FDs making a return? Is it time to rebalance your portfolios and include more FDs?
As a domino effect of the consecutive rate hikes by the Reserve Bank of India(RBI), major banks, including HDFC Bank, ICICI Bank, IndusInd, and IDBI Bank, other smaller banks are also offering attractive rates to the general public and senior citizens. Rising repo rates often bring up a question. Is it a good time to… Continue reading Banks hike FD rates. Are FDs making a return? Is it time to rebalance your portfolios and include more FDs?
Trading and Demat account Portability in India
Demat was introduced in 1996 by NSE. Demat is an account that allows the holding of shares in an electronic format. It enabled the digitization of the Indian stock trading market, enforcing better governance by SEBI. Demat accounts reduced the risks of storing, theft, damage, and malpractices by storing securities in electronic format. At the… Continue reading Trading and Demat account Portability in India
Insurance covers you must buy this festive season, Plans that make a perfect gift for your loved ones
The holiday season is in full swing, and celebrations have begun, with festivals on the horizon and winter months just around the corner. While requesting that you consider insurance now may seem like a spoiler, wouldn’t you want to have complete peace of mind while taking in this holiday season’s festivities? We only ask that… Continue reading Insurance covers you must buy this festive season, Plans that make a perfect gift for your loved ones
No charge on UPI transactions for Rupay credit cards up to Rs 2,000: NPCI
RBI Governor Shaktikanta Das last month launched the Rupay credit card on the Unified Payments Interface (UPI) network. This action would almost certainly increase credit market access. At the launch, the MDR and other charges were not announced, as RBI is yet to confirm the approach. In a recent circular, the RBI made it clear… Continue reading No charge on UPI transactions for Rupay credit cards up to Rs 2,000: NPCI
Top 5 Evergreen stocks for Festival
The Indian festival season begins with Ganesh Chaturthi and continues in full swing in the following months with Navratri, Karva Chauth, Dussehra, Diwali, Eid, Christmas and more. Amidst this festive season, there is a surge in demand for consumer products. Various events during this season act as catalysts which trigger renewed excitement in the air,… Continue reading Top 5 Evergreen stocks for Festival
Long Term Insurance Plans – Benefits and Analysis before considering an Insurance Plan as an investment option
The importance of life insurance in modern times can never be emphasized enough. Life Insurance is the primary financial safeguard against the unexpected demise of the policyholder. Life insurance also functions as a good investment plan, which could, in turn, help you achieve many of your life goals. Indian markets have witnessed steady sectoral growth… Continue reading Long Term Insurance Plans – Benefits and Analysis before considering an Insurance Plan as an investment option