Manking Personal Finance Easy
Mumbai: Foreign investors sold Indian stocks worth ₹71,502 crore across 17 sectors in the first 15 days of October, according to NSDL data. Financial services bore the brunt of the overseas selling, with investors pulling out ₹23,274 crore from these stocks after buying a similar amount in September. From January to September, foreign investors sold…
Canada’s deepening dispute with India over the alleged campaign of violence against Sikhs in Canada could intensify Indian-based cyber espionage and stem immigration, but analysts and experts see no immediate impact on trade. Concerns about a widening rift between the two countries come after a senior Canadian official told a parliamentary committee on national security…
As digital payments become increasingly popular, it is quite common for the general public to use a Unified Payment Interface (UPI) service for a range of transactions. Whether it is paying your food bill or your taxi, going shopping or your fuel bill, digital payments are seen as convenient. Thanks to our extensive banking system,…
New Delhi, With Prime Minister Narendra Modi claiming that India has a ‘double AI’ advantage with the power of the combination of ‘Aspirational India’ and ‘Artificial Intelligence’, Suneeta Reddy, Managing Director of Apollo Hospitals, said on Monday that India is leading the way in the field of innovation. be able to lead this revolution. In…
India’s economy will grow at a solid pace for the rest of this fiscal and next year, but well below potential, according to a Reuters survey of economists who also said the employment situation will improve only slightly. The world’s most populous country aims to leapfrog to developed nation status, building on its unprecedented demographic…
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 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…
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…
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…
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%…
