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 …
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 …
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, …
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 …
The mutual fund industry in India showed impressive performance in October 2024, with 80% of equity mutual funds outperforming their respective benchmarks. This significantly improved compared to September 2024, when only 48% of funds surpassed their benchmarks. The study, which analysed 240 open-ended diversified equity funds, highlights the strength of equity funds across various categories …
The Indian aviation sector achieved a significant milestone on November 17, 2024, as domestic air traffic surpassed 5 lakh passengers in a single day. With 5,05,412 passengers travelling on 3,173 flight departures, this marks the first instance of such high single-day traffic in the country. This surge was driven by the festive and wedding seasons, …
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, …
Ola Electric, India’s largest EV manufacturer, has introduced the Gig and S1 Z scooter series, aiming to democratise electric mobility with affordable pricing. The scooters are available at introductory prices starting from ₹39,999, with reservations open for just ₹499. Deliveries will begin in April 2025 for the Gig series and May 2025 for the S1 …
