Post Joe Biden’s selection as U.S President, there is positivity in the Indian stock market. The Indian pharma sector will expect to benefit from Biden as he proposes affordable health insurance by protecting and strengthening The Affordable Care Act, which ensures a reduction in healthcare costs and access to health insurance for Americans. Gold and Silver rallied for the same...
NABARD gives clean chit to Reliance Commercial Finance Government owned National Bank for Agriculture and Rural Development (NABARD), the second-largest lender to Reliance Commercial Finance Limited with over Rs 1,100 crore of secured loan exposure, has given it a clean chit and has removed its red flag. NABARD had classified the account of RCF as a red flag on February 25, 2020....
Now that this year is approaching the end, it is time to take a count of what was to be done, what is done, and what needs to be done if we wish to stay ahead. This applies to your investment portfolio same way as in case of your life goals. So, stay tuned as we present to you most important pointers to raise equity investment in coming year 2021. Take stock Past is the...
India’s October factory growth at decade high India’s factory activity expanded at its fastest pace in over a decade in October as demand and output continued to recover strongly from corona virus-related disruptions. Companies were convinced that the resurgence in sales will be sustained in coming months, as indicated by a strong upturn in input buying amid restocking...
Telecom Sector Telecom sector is looking at another potential turnaround as Airtel’s net subscriber additions in the past quarter are the highest. Last week Airtel declared an addition of 13.9 million subscribers mostly in 4G as compared to Jio’s 7.3 million additions. In addition, Airtel has done well to keep its churn ratio to an all-time low level of 1.7%. Retention of Postpaid...
Paying taxes is a duty of every citizen of this country. A part of our hard earned income is returned to the Income Tax Department of India. However, we all desire to save up the most of the money we earn for personal needs or any future emergencies. There are many smart ways to do that. Some do it by investing in mutual funds and other schemes available in the...