Author: Finance Khabar

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…

Finance Desk – Here’s what’s on the agenda for the GST Council meeting: Health and Life Insurance: The Council might lower the tax on these insurances, making them cheaper to buy. Support for Older Adults: They’re thinking about reducing insurance costs for seniors. Online Gaming Taxes: They’re checking how much money they’ve made from taxing online games since increasing the tax last year. Stopping Fake Registrations: They’re working to stop fake registrations that cheat the system, and they’ll discuss how well they’re doing. Fixing Past Mistakes: The Council will talk about forgiving some past tax errors if people pay what…

Finance Desk – A new report explains what Indian banks should focus on to help the country grow its economy to $30 trillion by 2047. Build Stronger Banks: Banks need a lot of money to support big projects that will help the economy grow. Right now, banks are doing well, so it’s a good time for them to aim higher. Save Smarter: More people are putting their money in banks and investing in the stock market. Banks should offer new saving options and teach people how to save and invest better. Give Better Loans: Banks should be careful about the…

Finance Desk – SpiceJet, an airline in India, is having a tough time with money problems and other issues. Ajay Singh, who leads the company, is thinking about selling more than 10% of his shares in SpiceJet to get some money. This could even go up to 15% if things work out well. They are planning to get as much as Rs 2,000 crore from big investors by the end of September. This money will help fix planes that aren’t flying and pay off some debts. Right now, Ajay Singh and his team own a bit over 47% of SpiceJet.…

Finance Desk – An NRI living in London bought two flats from Godrej Properties but ended up in trouble when asked to pay most of the money sooner than planned. When the NRI couldn’t pay on time, Godrej canceled the flat bookings and didn’t return the money. This led the NRI to take the issue to court. The court found that Godrej sold the flats to someone else for more money and hadn’t followed the right steps in canceling the original booking. The Maharashtra Real Estate Regulatory Authority (MahaRERA) decided that Godrej should return the money because they didn’t cancel…

Finance Desk – Studying stock market charts might seem hard at first, but anyone can learn it with the right steps. Stock charts show how a stock’s price changes over time. They help you understand when to buy or sell stocks. What Are Stock Market Charts? Stock market charts show the price changes of a stock over a certain period. The Y-axis (vertical line) shows the price of the stock, and the X-axis (horizontal line) shows the time. You can look at charts for different times, like daily, weekly, or monthly. Different Types of Stock Charts There are several types…

Finance Desk – During a lively podcast conversation, investment guru Nikhil Kamath shared some valuable tips with rapper Badshah on smart investing. Badshah, curious about where to invest Rs 3 crore, got some savvy advice from Kamath. Kamath suggested putting money into the renewable energy sector, like solar energy companies, electric vehicle makers, and battery manufacturers. He explained that as the world shifts away from fossil fuels, this sector is set to grow, boosted by government incentives. He also advised being cautious about entering crowded markets and recommended choosing industries that are expected to expand significantly over the next decade.…

Finance Desk – Shankar IAS Academy has been fined Rs 5 lakh for making false claims in their advertisements. They said a lot of their students passed the UPSC Civil Service Exam in 2022 after taking their courses. However, they didn’t clearly show which courses these students took. This made it seem like all these students succeeded because of buying their paid courses, which isn’t true. They claimed 336 students passed, but only had details for 333. Many of these students took free or cheaper courses, but the academy didn’t mention this in the ads. This kind of misleading advertising…

Finance Desk – This week, the stock market will see several new companies offering shares to the public, aiming to raise a total of Rs 1,301.32 crore. Gala Precision Engineering: They start their IPO on September 2 and end it on September 4, looking to raise Rs 167.93 crore. Jeyyam Global Foods: This small company’s IPO runs from September 2 to September 4, with plans to raise Rs 81.94 crore. Their share price will be between Rs 59 and Rs 61. Naturewings Holidays: This IPO is up for grabs from September 3 to September 5, aiming to collect Rs 7.03…

Finance Desk – In August 2024, India collected a lot more money from taxes compared to last year. The total money collected from GST, which stands for Goods and Services Tax, was Rs 1,74,962 crore. This is 10% more than what was collected in August 2023, which was Rs 1,59,069 crore. After giving back Rs 24,460 crore as refunds, the actual amount India kept was Rs 1,50,501 crore. This is slightly more, about 6.5%, compared to last year during the same time. From April to August 2024, the total GST collected was Rs 9,13,855 crore, showing a 10.1% increase from…

Finance Desk – In Ghaziabad, a couple lost more than Rs 3 crore to a cyber scam. They were tricked by a fake investment opportunity they found on Facebook. Nabanita Mishra clicked on an advertisement on Facebook that led her to a WhatsApp group. This group claimed to be part of a well-known investment platform. The group leader, named Rajat Chopra, promised big returns from a competition. Nabanita paid a monthly fee of Rs 2,000 for investment advice. She and her husband made 22 different payments to various bank accounts, thinking they were investing in shares and IPOs (Initial Public…

Finance Desk – In August 2024, there will be several days when banks in India are closed because of national holidays and festivals. August 13: Banks in Manipur are closed for Patriot’s Day. August 15: All banks across India will close for Independence Day. August 19: Banks in several states including Tripura, Gujarat, and Uttar Pradesh will be closed for Raksha Bandhan. August 20: Banks in Kerala will be closed for Sree Narayana Guru Jayanthi. August 26: Banks in multiple states like Gujarat, Tamil Nadu, and West Bengal will be closed. These holidays include both national holidays and days that…

Finance Khabar: In today’s digital world, earning money online without spending any money is easier than ever. Whether you want to make extra cash or replace a regular job, there are many opportunities available. Freelancing Freelancing is a popular way to make money online. Websites like Upwork, Fiverr, and Freelancer let you offer your skills in writing, graphic design, programming, and more. Here’s how you can start freelancing: Create a Profile: Share your skills and experience. Bid on Projects: Find projects that fit your skills and apply for them. Deliver Quality Work: Build a good reputation by completing projects on…