Author: Finance Khabar
Finance Desk – SEBI, the organization that regulates the stock market in India, is planning to do a big survey across the country. The goal is to get more people to invest in the stock market, help them understand the risks involved, and fix any issues in the system. Ananth Narayan G from SEBI noted that even though a lot of foreign money left the Indian markets recently, Indian investors like mutual funds added just as much money back in. He warned that we shouldn’t be too comfortable though, because foreign investments are still crucial for India’s growth. He spoke…
Finance Desk – Elon Musk has just become the first person ever to have a net worth of $400 billion. This huge increase in his wealth came after his company, SpaceX, grew in value to about $350 billion due to a recent business deal. This deal involved SpaceX buying back $1.25 billion worth of its own shares from some investors. The boost in Musk’s wealth also happened right after Donald Trump won the U.S. Presidential election last month, which has been good for Musk’s businesses. Musk runs several big companies like Tesla, SpaceX, and X, and is involved with others…
Finance Desk – New rules in the futures and options (F&O) trading market in India have changed how trading happens. Previously, traders had different days to trade various stock indexes like Bankex, Fin Nifty, Bank Nifty, Nifty, and Sensex. Now, only Nifty and Sensex will have weekly expiries, which simplifies trading but also reduces opportunities. Experts think these changes might lower the total trading by 10% to 30% because traders, especially those using automated systems, need time to adjust. Also, with fewer weekly expiries, there might be more ups and downs in prices at the end of each month. Another…
Finance Desk – The Reserve Bank of India (RBI) is having a three-day meeting from December 4 to December 6 to discuss India’s economy and decide on interest rates. This meeting is led by a group called the Monetary Policy Committee (MPC), which has six members. They will look at various important topics like how much interest banks should charge, the rate of price increases (inflation), the economy’s growth, and oil prices worldwide. On December 6, at 10:00 AM, after the meeting ends, RBI Governor Shaktikanta Das will announce their decisions. You can watch his announcement live on the RBI’s…
New Delhi : Dabur Chyawanprakash Sugarfree, from the house of Dabur India launched a health awareness campaign with ‘Aapka Angrakshak’ as a run up to World Diabetes Day. The Campaign aims to raise awareness about the need for immunity and importance of maintaining health of vital organs for a diabetic alongwith maintaining blood sugar levels, eating healthy and staying fit. Speaking about the campaign, Mr. Amit Garg, Marketing Head – Health Supplements, Dabur India said, “According to an ICMR study, roughly 1 in 4 Indians are either diabetic or are pre-diabetic. Diabetes causes fluctuation in insulin levels which leads to…
Be it renovating the house or going on a dream vacation, an instant personal loan always has your back. But there is one thing you just can’t overlook, and that is your credit score. This three-digit number proves to lenders that you are a responsible borrower. How? Well it considers your past and present when it comes to your handling of and experience with credit. No matter which loan apps or websites you use to apply for a personal loan online, your credit score takes centre stage when the time comes for financial companies to assess if you are worthy…
Finance Desk – Truecaller, a company that helps identify who is calling you, has appointed Rishit Jhunjhunwala as its new boss. He will start his new job on January 9. Rishit has been working with Truecaller since 2015 and is currently in charge of the company’s products and operations in India. This announcement comes as the company’s founders, Alan Mamedi and Nami Zarringhalam, plan to stop handling daily tasks by mid-2025 to focus more on big-picture strategies from their positions on the board. Rishit has been important to Truecaller, starting as the head of products in 2015, becoming the chief…
Finance Desk – The government’s Enforcement Directorate (ED) searched 19 places linked to some big sellers on Amazon and Flipkart in cities like Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula. They are checking if these sellers broke rules about foreign companies in India. The searches are part of an investigation that began because of complaints that Amazon and Flipkart were not following foreign investment rules. These companies are accused of setting unfair prices and favoring some sellers over others, which could harm other sellers and small shops. The ED focused on the sellers using these platforms, not the offices of Amazon…
Finance Desk – This list encompasses all Sundays as well as the second and fourth Saturdays. November 1 (Friday) – Banks in several states like Tripura, Karnataka, and Maharashtra will be closed for festivals like Deepavali and Kannada Rajyotsava. November 2 (Saturday) – Banks in Gujarat, Maharashtra, Karnataka, and a few other states will close for Diwali celebrations. November 3 (Sunday) – All banks across India will be closed as it’s a Sunday. November 7 (Thursday) – Banks in Bengal, Bihar, and Jharkhand will be closed due to Chhath Puja. November 8 (Friday) – Banks in Bihar, Jharkhand, and Meghalaya…
Finance Desk – Sagility India, a healthcare services company in Bengaluru, is about to start its public stock sale, known as an IPO, on November 5. Before this sale, its parent company sold shares for ₹366 crore to prepare for the IPO. They sold these shares at ₹30 each, which is the maximum price they hope to get when the IPO starts. They’re looking to raise ₹2,107 crore in total from this IPO. Here’s the plan: The IPO is just selling shares that already exist, not creating new ones. This means the original owners are selling some of their shares…
Free of cost solution with automatic activation for Airtel customers on all devices Meerut : Bharti Airtel through its AI-powered spam detection solution has given much-needed relief to its customers in Uttar Pradesh. In the last 7 days since its launch, the system, a first-of-its-kind solution by a telecom service provider, has been able to successfully identify potential 112 million spam calls and 6 lakh spam SMS in Uttar Pradesh. The solution, which is free of cost, has been auto activated for all Airtel customers without them having to raise a service request or download an app. Commenting on the…
AI solution processes 1 trillion records on a real time basis. Flags 100 million spam calls and 3 million SMSes every day New Delhi, September 25, 2024: In a pioneering move to curb the country’s spam menace, Bharti Airtel (“Airtel”), today, launched India’s first network-based, AI-powered spam detection solution that will significantly solve the issue of spam calls and messages for its customers. A first-of-its-kind solution by a telecom service provider in the country, the tool will alert customers in real-time to all suspected spam calls and SMSes. The solution is free of cost and will get auto-activated for all Airtel customers…
Finance Desk – Prime Minister Narendra Modi met with big tech company leaders in the US. He talked about how India is doing well in technology and its plans for even more growth. Modi focused on how artificial intelligence, or AI, can help improve health, education, and farming in India. Google’s CEO, Sundar Pichai, said that Modi encouraged them to work more in India and use AI to help people there. Pichai also said that Google is investing a lot in AI in India and is excited about what they can do together. The meeting covered topics like AI, computer…
Finance Desk – On Monday, India’s main stock markets, the Sensex and the Nifty, reached new highest points thanks to good performances in other parts of the world’s markets. By 10:00 AM, the Sensex had gone up by 270 points to 84,815. The Nifty also rose, up by 115 points to 25,906. These gains continue from last Friday when both the Sensex and the Nifty grew by about 1%. The Sensex ended the day up 1,360 points at 84,544.31, and the Nifty reached a new high before ending the day at 25,791, up 375 points. Jatin Gedia from Sharekhan explained…
Finance Desk – Finance Minister Nirmala Sitharaman has launched a new savings plan called NPS Vatsalya, specially designed for children. This plan helps families start saving early for their children’s future. What is NPS Vatsalya? It’s a part of the National Pension System but for kids under 18. Parents or guardians can open this pension account for their children. How does it work? Where can you open an account? You can open an account at: What do you need to open an account? Choices for investing: How to withdraw the money: ( Image/Pixabay)
Finance Desk – The GST Council has created a special team to review the tax rates on health and life insurance. This team, made up of 13 members, will share their recommendations by October 30. Currently, insurance premiums are taxed at 18%. Led by Bihar’s Deputy Chief Minister Samrat Choudhary, the team includes representatives from various states like Uttar Pradesh, Rajasthan, and West Bengal. They will consider how much tax should be charged on different types of insurance. Some states suggest removing the tax on insurance completely to make it cheaper, while others suggest reducing the tax to 5%. The…
Bajaj Housing Finance shares kicked off their first day on the stock market at Rs 150 each, way higher than their initial price of Rs 70. This strong start pushed the company’s value over Rs 1 lakh crore. Last week, people showed huge interest in buying these shares, placing orders worth Rs 3.23 lakh crore. Experts say the company is doing well and could bring more profits to those who bought shares. The money from these shares will help the company grow stronger. Bajaj Housing Finance, which began in 2015, helps people get loans to buy and fix up homes…
Finance Desk – Personal loans are a great way to get money for things like medical emergencies, buying something big, or even a vacation. If your monthly salary is ₹30,000, you might be wondering how much personal loan you can get. Let’s understand it. What Do Banks Look at Before Giving You a Loan? Your Monthly Salary: The more you earn, the bigger loan you can get. In this case, we’re looking at ₹30,000 per month. Credit Score: This is a number that shows how well you have paid off loans or credit cards in the past. If your score…
Lucknow, India, September 11, 2024 – Western Digital® today showcased a range of ‘SanDisk® Mobile Pen Drive’ offerings, from its award-winning SanDisk brand, designed to satisfy consumers’ needs for storage both at home and on-the-go at an event in Lucknow. In a world of pixelated memories and digitalized experiences, the need for more space remains constant. Whether documenting a child’s first steps, clicking selfies, or backing up a carefully curated music library, these new solutions are built for capturing, storing, and preserving life’s journeys. The company also introduced affordable SanDisk Mobile Pen Drives, available in vibrant colors such as Nasturtium Orange,…
Lucknow, 09th September: Advancing its focus on strengthening scientific capabilities to provide cutting-edge, next-generation support in health and wellbeing, Amway, a global company, today formally introduced its four state-of-the-art Research & Development (R&D) labs across India with an investment of $4 million. By harnessing advanced technology, contemporary science and thought leadership, these labs are poised to redefine industry standards by developing safe, effective, differentiated and high-quality health and wellbeing products with the aim to support people in India and around the world. India is the location of one of the four Amway R&D hubs, worldwide. This strategic move is in line with Amway’s…