The central government has recently announced a significant change to the National Savings Scheme (NSS). From October 1, 2024, interest payments on deposits in the NSS will cease. Due to this change, depositors have been instructed to withdraw their funds by September 30, 2024, after which no interest will be paid. Purpose of the NSS … Read more
The Government of India has set a target for scheduled commercial banks and non-banking financial companies (NBFCs) to provide an additional Rs 1.54 lakh crore in loans to Micro, Small, and Medium Enterprises (MSMEs) during the current financial year (FY 2024-25). Finance Minister Nirmala Sitharaman announced that the goal for MSME loan growth will reach … Read more
Indian stock markets will be closed on Wednesday, 20th November 2024, due to the Maharashtra assembly elections. There will be no trading on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) that day. This announcement has been made officially by the stock exchanges. Other Markets Closed on Election Day In addition … Read more
Page Industries Ltd has announced a dividend of Rs 250 per share. This comes after the company’s shares saw a rise of more than 7 percent, reaching a 52-week high. Earlier this year, the company had given a higher dividend of Rs 300 per share. Experts remain optimistic about this stock, with many showing confidence … Read more
If you work in the private sector, this update from the Employees Provident Fund Organization (EPFO) could impact your finances. EPFO is planning to raise the basic salary threshold for private employees. Sources say the preparation for this change is nearly complete, and an official announcement may come soon. Basic Salary Increase: From Rs 15,000 … Read more
The Municipal Corporation of Delhi (MCD) has introduced a big improvement for property owners when it comes to property tax. They are taking various steps to make property tax collection more efficient and transparent. A key feature of this improvement is the ability for property owners to generate their Unique Property Identification Code (UPIC) in … Read more
According to Axis Bank, a digital FD offers the same fixed returns as a traditional FD. You can invest for a maximum tenure of up to 10 years, and the interest rate is the same as that offered on normal FDs. This makes it a great choice for people who want to earn secure, higher … Read more
There is good news for investors focused on dividend-yielding companies. Page Industries, known for its brand Jockey International in India, has announced a dividend along with its quarterly results. The company will provide a dividend of ₹250 per share. Earlier, during the June quarter, Page Industries declared its first interim dividend, granting eligible investors ₹300 … Read more
In 2024, numerous companies have been launching IPOs to get listed on the stock market. Recently, four more companies—Rubicon Research, Sai Life Sciences (backed by TPG Capital), Sanatan Textiles, and Metalman Auto—received approval from the Securities and Exchange Board of India (SEBI) to proceed with their IPOs. According to SEBI, these four companies submitted their … Read more
Shares of KBC Global Limited saw significant movement on Wednesday, with a rise of up to 5%. The company’s stock reached an intraday high of ₹2.44, hitting an upper circuit limit. This increase comes after KBC Global announced the successful possession of 12 units from its ongoing projects in October 2024. The handover of these … Read more
In India, many farmers are shifting from traditional crops to horticultural crops, especially vegetables, due to their shorter growing periods and high yields. Traditional crops often require more time to mature, making vegetables a more attractive option. Among these, radish is a particularly profitable winter crop, as it grows quickly and sees high demand in … Read more