India’s journey towards becoming self-reliant in manufacturing has been marked by a series of visionary steps, with the latest being a pivotal upgrade to the Production Linked Incentive (PLI) Scheme for White Goods. This scheme, aimed at encouraging the production of components and sub-assemblies for Air Conditioners (ACs) and LED Lights, has witnessed further refinements …
Introduction: In a significant move towards unlocking India’s vast mineral wealth, the Union Cabinet, led by Prime Minister Shri Narendra Modi, approved a game-changing amendment to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). The amendment, passed by the Parliament in 2023, introduces groundbreaking changes to the regulation of critical and strategic …
Ashok Leyland, the flagship of the Hinduja Group, has established a robust presence in the domestic medium and heavy commercial vehicle (M&HCV) sector. Renowned for its strong brand, it boasts a diversified distribution and service network spanning the nation and a global presence in 50 countries. The company is known for its fully integrated manufacturing …
Let us consider an example, when you open a DEMAT account with Angel One, it authorises you to place buy and sell orders with BSE and NSE. And your account gets registered with CDSL. Both are independent authorities. When you place an order to ‘buy’, Angel One on your behalf virtually receives the shares and then …
In the grand theater of global finance, India is emerging as the golden chidya, the shining star that commands attention from the world’s financial titans. Rakesh Jhunjhunwala, often referred to as the “Big Bull of Dalal Street,” had once prophetically declared, “India ka time aa gaya hai ” during a conclave appearance. Now, as we …
Retail investors can now start an account with India’s apex bank to trade in government bonds. Earlier this year, RBI granted direct access to the government bond market for retail investors. With both these moves into play, trading in government bonds for retail investors has now become accessible. Key highlights of this move RBI’s move …
Kaynes Technology, a prominent integrated electronics manufacturing company offering end-to-end and IoT solutions, has made a significant announcement regarding the establishment of a new semiconductor manufacturing facility in Telangana. In a landmark moment for India’s Semiconductor Mission, Telangana is set to host a Semiconductor OSAT and Compound Semiconductor facility by Kaynes Technology. According to the …
Against the backdrop of subdued global indicators that have impacted the majority of global markets due to concerns over rising inflation rates, escalating crude oil prices, and an elevated 10-year Treasury yield, India’s central bank, the Reserve Bank of India (RBI), has offered some relief. The Monetary Policy Committee (MPC) of the Reserve Bank of …
Investing in the stock market is a common financial activity, but what happens to your investments when you pass away? Dealing with the investments of a deceased family member or friend can be a complex and time-consuming task. To simplify this process and ensure a smoother transition of shares and assets, the Securities and Exchange …
On Tuesday, shares of Larsen & Toubro (L&T) surged over 0.7% to trade at an intraday high of Rs 3,044 apiece on BSE. The company informed the exchange that L&T Construction’s Transportation Infrastructure division has been awarded the esteemed Dahisar Bhayander Bridge project in Mumbai by the Municipal Corporation of Greater Mumbai (MCGM). This project …
