New Financial Rules That Come Into Effect From April 1
The Indian government introduced major financial reforms during the parliamentary budget session Most of the new taxes and rules introduced by Nirmala Sitaraman come into effect today, April 1, including a new tax regime and new EPFO ( Employees’ Provident Fund Organisation) rules that might impact your retirement planning. Having a comprehensive understanding of these…
Bharti Hexacom IPO: Issue Date, Lot Size And Price Band
A subsidiary of one of India’s top telecom service providers, Bharti Hexacom, is said to launch its IPO in the coming month. The opening date of the IPO is April 3, and it will close on April 5. The size of the IPO is estimated to be around Rs 4,275 crore. The bidding for anchor…
Mumbai Is Asia’s Billionaire Capital For The First Time
For the first time, Mumbai has clinched the title of Asia’s billionaire capital. Shanghai-based Hurun Research Institute makes the announcement. With 92 billionaires, Mumbai, the Maximum City, is the third billionaire city after New York (119) and London (97). Two popular business tycoons, Mukesh Ambani, with $115 billion in assets, and Gautam Adani, with $86…
Wangchuk Fights Enduring Ladakh’s Statehood Battle
Renowned for his activism in climate change and education reform, Sonam Wangchuk concluded his 21-day hunger strike on Tuesday, signifying a notable advancement in Ladakh’s continuous endeavor for statehood and incorporation under the Sixth Schedule of India’s Constitution. However, he reaffirmed his dedication to persisting in the struggle. Wangchuk’s rallying cry rekindled a surge of…
J&K After Article 370 AbrogationÂ
Since the cancellation of Article 370 in 2019, which removed Jammu and Kashmir’s special constitutional status and divided the state into two Union Territories, the region has been governed directly by the President and has only seen two local body elections. The economic situation in the area has been mixed since 2019. In the financial…
T+0 Settlement Cycle: Check SEBI’s New GuidelinesÂ
Yesterday, SEBI announced that the same-day settlement cycle would be launched on March 28 for testing. This beta version will include only 25 stocks and is optional for brokers to participate. SEBI has rolled out this testing phase to ensure that the new settlement cycle is glitch-free and works smoothly after its launch for the…
Vantara – Spiritual Path To Animal Welfare  Â
In Hinduism, animals hold the utmost grandeur regarding spirituality, strength and control. Whether it’s Durga’s Lion, Indra’s white elephant, Shiva’s snake or bull, Vishnu’s eagle, Sraswati’s hamsa, Kartikeya’s peacock or Krishna’s cow, these creatures are revered as divine beings personifying various gods and goddesses in mythology. Believing in the narrative where Shri Ram aided and…
Indian Startups Expected to Raise $8-12 Billion In 2024
Ranjan Anandan, the managing director of Peak XV, said that Indian startups are expected to raise $8-12 billion this year while highlighting the country’s vibrant startup ecosystem. In an interview with Startup Mahakumbh event, he stated that, in a country like India, where startups play a major role in the country’s economic growth, $ 10…
First ‘Startup Mahakumbh’: All The Highlights Of The Event
The Indian economy is the fastest-growing in the world, and startups have played a huge role in its growth. As many as 100,000 startups were started in 2023 alone. For this reason, the government of India introduced a three-day event in Delhi called the ‘Startup Mahakumbh’. The event’s sole purpose was to bolster the Indian…
India’s Import Tax Cuts Present An Opportunity For Tesla
Last Friday, the Indian government announced that it would cut the import tax on vehicles, which is exactly what electric car manufacturers like Tesla and other competitors are looking for to get their foot set in the third-largest car market in the world. For years now, the import tax in India has been very hefty….