The central government introduced the Mahila Samman Savings Certificate in the 2023 budget, offering women a chance to earn a high return on their short-term savings. Under this scheme, women can earn an annual interest rate of 7.50% on their deposits. Here’s all you need to know about this special scheme. Investment Details and Eligibility … Read more
Indian Railways is offering a unique tour package to make the journeys of passengers more memorable. The IRCTC has introduced a combined pilgrimage tour package that covers major religious destinations in India. Passengers will pay according to their budget, with Railways covering the rest of the costs. Tour Details and Itinerary The tour will start … Read more
Shares of Paytm’s parent company, One97 Communications, are showing a steady increase. On Friday, the stock rose by about 7%, reaching an intraday high of ₹897.90. This is the fifth consecutive day of gains for Paytm’s shares, which have risen by 19% over the past five days. A global brokerage firm, Bernstein, has been optimistic … Read more
Industrialist Gautam Adani, the head of the Adani Group, is facing serious accusations from US prosecutors. They claim that he paid $250 million in bribes and committed fraud to secure favorable solar power contracts in India. These deals are said to have been made with the help of Indian officials. However, the Adani Group has … Read more
The Central Government has directed the Employee Provident Fund Organization (EPFO) through the Ministry of Labor to implement Aadhaar-based OTP (One-Time Password) for activating the Universal Account Number (UAN) of employees. This step is aimed at simplifying access to EPFO’s online services. Once the UAN is activated using the OTP, employees can conveniently utilize EPFO’s … Read more
If you’re looking to invest in mutual funds, PGIM India Mutual Fund has launched a new option that may interest you. The PGIM India Health Care Fund is an open-ended equity scheme. This fund will invest in healthcare and pharmaceutical companies, which could help grow both your health and wealth. Investment Details and Duration The … Read more
Multibase India, a small-cap stock, has declared an interim dividend of ₹53 per share for the financial year 2024-25. This is 530% of its face value of ₹10 per share. The announcement caused the company’s shares to rise nearly 20% on Tuesday. However, the stock market is closed today, Wednesday, due to the Maharashtra Assembly … Read more
There are several investment options available through the post office, offering good returns similar to bank schemes. These include options such as Fixed Deposits (FD), Recurring Deposits (RD), and Public Provident Fund (PPF). In addition to these, there are unique post office schemes that are not available in banks. Interest Rates for Various Post Office … Read more
Shares of Kitex Garments Limited rose sharply, hitting a 5% upper circuit on Tuesday, November 19, reaching ₹635.30. This increase is linked to the company’s announcement regarding bonus shares. Kitex Garments plans to issue bonus shares after a gap of seven years. The last time the company issued bonus shares was in 2017, offering a … Read more
Market exchanges have recently made a significant move regarding brokerage earnings. According to new rules, brokerages will no longer be able to offer free trading services. This change comes as the brokerage industry faces increasing challenges. The Zee Business research team shared that exchanges have started imposing True to Label charges, which are causing financial … Read more
This is a simple business idea that many people overlook, even though it has great potential. A product that was once local for centuries became branded over the last few years, but now people are returning to local options. Many companies have lost the trust of consumers, creating a great opportunity for anyone willing to … Read more