Amazon India on 23 April said it plans to invest over ₹2,800 crore to strengthen associate safety, health, and financial well-being measures and to boost its operations network across the country. The latest investment is part of the company’s stated commitment to infuse more than USD 35 billion in India by 2030, focusing on business…
Mutual funds: Transferring MF units involves converting them to demat format, with specific processes for gifting or transmission. Here is a step-by-step guide to gifting your MF units to a loved one. A popular investment option for individuals looking to achieve financial goals and grow their wealth, a mutual fund is formed when an asset…
There is a surge in crypto adoption among older millennials and Gen X in India, with Uttar Pradesh and Maharashtra leading. The 35+ demographic is now the fastest-growing segment indicating shift towards focus on long-term investment, as per a CoinSwitch report. Millennials and Gen X investors, aged between 26–35 years, dominate participation in the cryptocurrency…
Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place. Over the weekend, the US attacked and seized an…
Larsen & Toubro (L&T) share price Share price of Larsen & Toubro (L&T) rose 2 per cent to ₹4,149.55 on the BSE in Thursday’s intra-day trade, extending its Wednesday’s 3 per cent rally on easing geopolitical tensions. With past two days’ up move, the stock price of the civil construction major has bounced…
During the day, the BSE Sensex made a high of 78,270.42, up 1,423 points, or 1.85 per cent. Likewise, the NSE Nifty50 gained 439 points, or 1.84 per cent to hit a high of 24,280.90 levels. Indian equity benchmark indices Sensex and Nifty witnessed a sharp rebound on Wednesday, April 15, amid optimism over the…
The buying on the counters came after the Delhi government proposed a 100 per cent exemption on road tax and registration fees for electric cars priced up to ₹30 lakh JBM Auto, Olectra Greentech, and Atul Auto shares spiked up to 18.9 per cent in trade on BSE after the Delhi government released a draft…
The high-stakes engagement between US and Iran in Pakistan ended after marathon discussions that stretched 21 hours, with both sides blaming each other for the breakdown. Table Of Contents Why did the Islamabad talks fail? What were the point of contention between US and Iran? What did US say after Islamabad talks failed? Iran…
Investors continue to show strong commitment to systematic investing despite the stock market selloff last month. Equity mutual funds also saw significant buying, particularly in flexi-cap and small-cap categories. Systematic Investment Plan (SIP) flows jumped to a record high in March, while equity mutual funds also witnessed healthy demand, according to monthly data released by…
Sensex ended at 76,631.65, down 931.25 points or 1.20 per cent. Nifty closed the day at 23,775.10, down 222.25 points or 0.93 per cent. Nifty Bank settled at 54,821.70, down 1.58 per cent. Benchmark indices, Sensex and Nifty fell over 1 per cent, while Nifty Bank tumbled 1.5 per cent, to snap five sessions of…