The growing interest in international investments has created a unique dynamic in the Indian financial landscape. International Exchange-Traded Funds (ETFs) have become a preferred route for many investors seeking exposure to global markets. However, regulatory constraints and market trends have resulted in these ETFs trading at unprecedented premiums, leaving investors wondering: Is it worth the …
India’s young chess prodigy D. Gukesh made headlines with his spectacular victory at the 2024 FIDE World Championship, earning an impressive ₹11.45 crore in prize money. While this remarkable feat has brought immense pride to the nation, the spotlight now turns to an intriguing question: Will his prize money be taxed, or can it escape …
Non-bank lender Muthoot Capital Services has announced the resignation of three key members from its board of directors, effective December 23, 2024. The company accepted the resignation letters of Thomas George Muthoot, Managing Director, Thomas John Muthoot, Non-Executive Chairman, and Thomas Muthoot, Non-Executive Director. On December 24, 2024, Muthoot Capital Services share price plunged 1.33%, trading at …
Introduction to New Tax Measures in Karnataka’s Mining Sector The Karnataka state government has introduced a significant proposal that could transform the financial landscape of the mining industry within the region. The newly proposed Karnataka Mineral Tax Bill 2024 aims to impose a retrospective tax on mineral land and rights, a move prompted by a …
In 2024, small cap mutual funds have seen a notable surge in investor interest, driven by their potential for high returns despite inherent market volatility. A small cap mutual fund primarily invests in the stocks of companies with a smaller market capitalisation, which typically has higher growth potential but also comes with increased risk. According …
Infosys Foundation, the philanthropic and CSR arm of Infosys, has announced a 4-year collaboration with INAE to transform engineering education in India. With a ₹38 crore investment, the initiative will focus on upskilling educators, providing project-based internships, and offering mentorship to students. Aim of the Collaboration This collaboration, with an investment of over ₹38 crore, …
The holiday season is a time for travel, exploration, and creating memories. However, currency exchange can often become a stressful task that affects your trip’s budget. Whether you are visiting a nearby country or travelling to the other side of the world, understanding how to exchange money efficiently can help you save a lot and …
India has emerged as a global FinTech leader, driven by its dynamic innovation and digital-first approach. With a market size of $584 billion in 2022, the Indian FinTech sector is projected to grow exponentially to $1.5 trillion by 2025. The industry is reshaping financial services globally by combining key segments like Payments, Digital Lending, InsurTech, …
On November 29, 2024, KEC International announced securing ₹1,040 crore worth of new transmission and distribution (T&D) orders globally, including contracts for supplying towers and poles in the Americas. Order Details Overview KEC International’s latest orders highlight its strategic focus on international markets. The company will supply transmission towers, hardware, and poles in the Americas, while in …
Cochin Shipyard share price have hit the upper circuit limit again on Wednesday, November 27. This positive trend indicates strong investor interest in the stock. Recent Stock Performance and Price Correction Cochin Shipyard’s stock reached an all-time high of ₹2,979 in July 2024. Since then, it has experienced a significant correction, falling by nearly 50%. …
