Vaasu

From rule for pre-booking train tickets to new money transfer guidelines – November 1 will bring significant changes. Checklist

Vaasu2 months ago06 mins

From November 1, 2024, a series of important changes will affect the daily lives of citizens across India. These updates cover several sectors, especially financial regulation, including a major new rule from the Reserve Bank of India (RBI) governing domestic money transfers. Staying abreast of these developments is essential for effective financial planning and compliance….

The success of Hyundai’s IPO could prompt other multinationals to list Indian units, ETCFO

Vaasu2 months ago04 mins

The success of the initial public offering (IPO) of Hyundai Motor Company’s Indian arm could lead to a wave of multinational companies (MNCs) looking to list their subsidiaries in the country. With investment bankers confirming that several multinationals are exploring similar opportunities, Hyundai’s decision to go public in India could set a precedent for foreign…

Beyond SEO With Content Marketing Strategies

Vaasu2 months ago021 mins

In digital marketing, content marketing is a critical element that goes beyond traditional SEO’s limits, becoming a pathway to holistic brand development. BrandingExperts.com believes that this strategy focuses on creating and promoting valuable, pertinent content designed to captivate a specific audience, thus driving increased website traffic, improving brand recognition, and nurturing a customer’s trust in…

Sensex and Nifty end lower as IT stocks lead the market decline

Vaasu2 months ago06 mins

Indian equity benchmarks closed lower on Thursday, led by heavy selling in technology stocks, with the BSE Sensex down 553.12 points and the NSE Nifty down 135.50 points on weak global cues and monthly expiry of derivatives. The 30-share BSE Sensex ended at 79,389.06, down 0.69 per cent, while the broader NSE Nifty closed at…

The Ministry of Finance signals weaker urban demand and factory production

Vaasu2 months ago05 mins

The Finance Ministry acknowledged emerging concerns about weakening consumer confidence and faltering demand, especially in urban India, as well as a moderation in industrial momentum in recent months, even as it maintained that the economy will grow between 6,000 and 2025 between 2024 and 2025. 5% and 7% will grow. The Finance Ministry on Monday…

How to Take a Loan Against Stocks to Tackle a Money Crisis

Vaasu2 months ago08 mins

However, leveraging equities comes with conditions and risks that should be carefully considered. How borrowing against shares works A loan against shares (LAS) allows borrowers to pledge their shareholding as collateral for an overdraft facility, offering flexibility by only charging interest on the amount used. For example, if shares are worth ₹10 lakh has been…

Hyundai Motor India shares fall on debut after record launch, ETCFO

Vaasu2 months ago06 mins

Shares of Hyundai Motor India Ltd fell nearly 6% early in their debut in Mumbai, a tepid start to trading for what was the country’s largest-ever initial public offering. The shares traded at just Rs 1,844.65 after being priced at Rs 1,960, the top of the market. South Korea’s Hyundai Motor Co sold a 17.5%…

Middle-income households’ negative views of their personal finances are plummeting to a new low

Vaasu2 months ago06 mins

Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holiday season on Varney & Co. America’s middle class is feeling the pressure like never before, according to new data. Primerica’s latest Financial Security Monitor report for the third quarter shows that 55% of middle-income households now rate their personal…

Market News

Colombia cuts its key interest rate to 9.75% as budget risks confuse the market

Vaasu2 months ago03 mins

Colombia’s central bank ignored pressure to accelerate the pace of interest rate cuts as policymakers weigh fiscal risks that sent the peso to its weakest level in more than a year. The seven-member board voted 4-3 to cut interest rates by half a percentage point to 9.75%, Governor Leonardo Villar told reporters in Bogota on…

Core sector growth recovers to 2% in September after August setback, CFO News, ETCFO

Vaasu2 months ago03 mins

India’s nuclear sector output growth rose 2% in September, compared with a 42-month low of 1.6% the month before, according to official data released Wednesday. Excluding August figures, September growth was the slowest in about two years. Production was up 9.5% in September 2023. “Mitigating disruption due to rainfall in sectors like mining and power…