As we enter November, several key updates in financial regulations, banking terms, and service charges are set to impact various aspects of daily life in India. From new rules on domestic money transfers to updated credit card charges, these changes will influence how people manage their budgets, handle banking, and interact with financial services. Let’s … Read more
Market Overview: SEBI’s New Rules to Accelerate Mutual Fund Investments The Securities and Exchange Board of India (SEBI) has proposed changes to New Fund Offers (NFOs) to tighten the timeline for deploying collected funds. This move aims to reduce delays in fund allocation and improve overall market transparency, which could potentially enhance investor confidence. Currently, … Read more
Tata Consultancy Services (TCS), one of the world’s leading IT service companies, recently announced a monumental 15-year contract with Ireland’s Department of Social Protection (DSP). This deal aims to overhaul the country’s pension landscape, implementing a digital solution for automatic retirement savings enrollment. Such large-scale digital transformation projects are expected to drive investor interest in … Read more
India’s stock exchanges, primarily the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), are vital pillars of its financial sector. They provide an avenue for investors to build wealth and for companies to raise capital. With a professional structure and a commitment to regulation through the Securities and Exchange Board of India (SEBI), these … Read more
Apple’s Shift from China Towards India Apple Inc. has ramped up its iPhone exports from India, reporting a significant one-third increase in the past six months alone. In an ambitious pivot, Apple exported nearly $6 billion worth of India-assembled iPhones, putting it on track to exceed the $10 billion annual export mark this fiscal year. … Read more
Market Overview In a significant development for the renewable energy landscape, Hitesh Chimanlal Doshi, the visionary behind Waaree Energies, has propelled his company into the limelight following a successful initial public offering (IPO). Launched with a modest Rs 5,000 loan in 1985, Waaree Energies has transformed into India’s largest solar module manufacturer, boasting a capacity … Read more