Even before the new financial year begins, the Modi government has made an important decision regarding government employees. On Friday, the central government announced a 2% increase in Dearness Allowance (DA). This means DA has now increased from 53% to 55%, leading to a salary hike for lakhs of employees. What is Dearness Allowance (DA) … Read more
The Pradhan Mantri Vidyalakshmi Yojana (PM-Vidyalakshmi Scheme) aims to help promising students pursue higher education without financial hurdles. Bank of Baroda (BoB), a leading government bank, has announced the implementation of this scheme, making it easier for students to apply for education loans at affordable rates. The best part is that students can now apply … Read more
Laxmi Dental Limited’s shares are in focus today, Wednesday, as they surged over 5%, reaching an intraday high of ₹435. The reason behind this rise is a positive report from global brokerage firm Nuvama Institutional Equities. The firm has initiated coverage on the stock with a ‘buy’ rating and set a target price of ₹570 … Read more
If you’re looking for a business that can generate high income, then lemon farming is a great option. It is in high demand from villages to cities, and many educated professionals are leaving high-paying jobs to take up farming. By growing cash crops like lemons, you can earn lakhs of rupees from home. When done … Read more
The Time Deposit (TD) scheme offered by the Indian Postal Department is a reliable and profitable investment option. It functions similarly to a bank’s Fixed Deposit (FD) but provides more attractive interest rates. Since it operates under the Government of India, the investment is completely secure. Interest Rates and Investment Period The Post Office TD … Read more
Rapid Fleet Management Services Limited is launching its IPO for subscription on March 21, 2025, and investors can bid for shares until March 25, 2025. This IPO follows a book-built issue model, allowing the company to raise ₹43.87 crore. It is a completely fresh issue of 22.85 lakh shares, with each share having a face … Read more
Life Insurance Corporation of India (LIC), the country’s largest life insurance company, is set to enter the health insurance business. LIC Chief Executive Siddharth Mohanty announced on Tuesday that the company will acquire a stake in a health insurance firm within the next two weeks. While he did not reveal the name of the company, … Read more
There has been a significant rise in Paytm’s shares today. Around 1:30 PM, the shares of Paytm’s parent company, One 97 Communications, were trading 5.62% higher at ₹727.65. After opening at ₹697 in the morning, it reached a day’s high of ₹742.50. The surge in Paytm’s stock is due to an important approval from SEBI. … Read more
The government is set to give a major relief to lakhs of employees demanding the restoration of the Old Pension Scheme (OPS). In response to two decades of protests over the National Pension System (NPS) and the push for OPS, the government has decided to introduce similar benefits in the NPS. The Central Pension Accounting … Read more
During the Holi festival, the number of train passengers increases significantly, often exceeding station capacities. Learning from the recent Maha Kumbh experience, the Railways have implemented several measures to manage crowds at stations during Holi. One key step is the temporary ban on the sale of platform tickets at major stations in the Mumbai division. … Read more
If you haven’t applied for the Prime Minister’s Internship Scheme (PMIS) yet, there’s still time. The government has extended the application deadline to 31 March 2025. The previous deadline was 12 March 2025. About the PM Internship Scheme The PMIS was announced by Finance Minister Nirmala Sitharaman in the Budget 2024-25. The aim is to … Read more