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
The stock market has been turbulent lately, leaving many investors facing significant losses. However, amidst the downturn, JainCo Projects (India) Limited has emerged as a strong performer. On Thursday, the stock price surged by 20%, hitting an upper circuit and reaching Rs 6.97, compared to its previous close of Rs 5.81 on Wednesday. Impressive Growth … Read more
March 2025 is the final opportunity to invest in several special deposit schemes. Five schemes, including the ‘Mahila Samman Savings Certificate’ and SBI’s ‘Amrit Kalash’ deposit scheme, will close on March 31, 2025. These schemes offer attractive annual interest rates of up to 8.05%. Here’s a detailed look at each scheme to help you make … Read more
The Securities and Exchange Board of India (SEBI) has introduced stricter rules for Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs). These changes aim to help SMEs with a good track record raise funds while protecting investor interests. The new regulations address profit requirements and limitations on the Offer for Sale (OFS) by … Read more
Zomato Ltd has received approval to change its name to Eternal. According to the company, shareholders have granted permission for this change. However, the name change will only apply to the corporate identity. The brand name and app name will remain unchanged. The company confirmed this information through an exchange notification. Updates to Company Documents … Read more