India

RBI Normalises Liquidity After The Secondary Sales Of Securities

RBI Normalises Liquidity After The Secondary Sales Of Securities

The Reserve Bank Of India recently sold sovereign securities worth rupees 1,435 crores in the secondary market, clearing the sign of liquidity mobilisation.  Indian benchmark yields hit their highest level in the past two years, due to the sale of bonds in the recent auctions. Resulting in a rise of the 10-year-old bond yield of…

Reliance Retail Buys 25.8% Stakes in Dunzo Worth $240 Million

Reliance Retail Buys 25.8% Stakes in Dunzo Worth $240 Million

Reliance has picked 25.5% stakes worth $240 million in Dunzo – a Google-backed hyperlocal delivery startup, as the largest Indian retail chain expands to the instant commerce space.  Dunzo is a six-year-old startup that operates an eponymous hyperlocal delivery service in seven cities of India including Delhi, Bengaluru, Gurugram, Pune, Chennai, Mumbai, and Hyderabad. Its…

Sanjay Bhargav Step Down From Elon Musk’s Starlink

Sanjay Bhargav Step Down From Elon Musk’s Starlink

Sanjay Bhargav was appointed as Country Director and chairman of the board for Starlink India in the month of October 2021.  Earlier, Bhargav Announced a target to build 200,000 terminals across India. But was waiting for the government approval on the same.  On 4th January Sanjay Bhargav got on Linkedin and wrote about his withdrawal…

The Evolution of Healthcare Industry in India

The Evolution of Healthcare Industry in India

The Evolution of Healthcare Industry in India  The healthcare industry in India includes hospitals, medical equipment, pharmacy, pharmaceutical research, global healthcare, health insurance, and more. Due to expanded coverage, services, and additional investment by both public and private investors, the healthcare industry in India is growing rapidly. Healthcare Scenario in India  However, the constitution of…

BitMart To Compensate For $196 Million Hack From Personal Funds

BitMart To Compensate For $196 Million Hack From Personal Funds

BitMart, a cryptocurrency trading platform, has announced that it will use its own funds to compensate victims of a large-scale security breach in which hackers stole up to $196 million. According to BitMart, hackers took around $150 million in assets. Peckshield, a blockchain security and data analytics firm that originally reported the theft, believes the…

Mutual Fund SIP Contributes to Set a New Record In August

Mutual Fund SIP Contributes to Set a New Record In August

The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI).  With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…

New Scrappage Policy Launched: What Mr. Gadkari Says On It

New Scrappage Policy Launched: What Mr. Gadkari Says On It

New Delhi: PM Narendra Modi announced a new scrappage policy on Friday. It is also known as Voluntary Vehicle-Fleet Modernization Program (VVMP). The new scrap policy will bring many new changes across the country, ranging from increased new auto sales to reducing pollution and limiting the road accidents that have been a significant reason for…

Top 10 Diamond Company in India

Top 10 Diamond Company in India

To complement a woman’s beauty, Diamond is the most sparkling gemstone. Do you know which Diamond company in India contributes the most to enhancing women’s beauty? If not, this blog will be telling you about which diamond company has the highest turnover of the year and how Indian diamond companies are growing and recognized all…