Ashok Leyland is set to unveil its first vehicle scrappage facility, operating under a franchise model. The company has entered into an agreement with a Registered Vehicle Scrapping Facility (RVSF). "This positions Ashok Leyland strategically on our path to circularity and reducing our environmental impact," the company's annual report for FY24 stated. Additionally, the Hinduja […]
Have you ever wondered how to maximise your investments while minimising risks? That's where portfolio diversification comes into play, and it’s simpler than you might think! Imagine your investment portfolio as a grand Indian thali, brimming with various dishes from different regions. It is all about not putting all your money into one dish but […]
To encourage small investors to participate in the securities market, SEBI has raised the limit for the basic service demat account (BSDA) from ₹2 lakh to ₹10 lakh. These new guidelines will start on September 1, as stated by SEBI in a circular. Increasing the limit for the value of securities in a BSDA aims […]
Is dividend income taxable? Yes, dividend income is taxable in India. Whether you receive dividends from Indian companies or foreign ones, you must pay tax on your income ,. Understanding how dividend income is taxed is important because it helps you plan your finances better and ensures you comply with tax laws. We've got you […]
The Indian rupee plunged to a historic low against the US dollar, closing at 83.57 on Wednesday. This depreciation underscores ongoing economic challenges and a strengthening US dollar which has significantly impacted emerging markets. The Indian currency's slide past the 83.50 mark was driven by multiple factors. Persistent inflationary pressures, elevated crude oil prices, and […]
BlackRock Inc., the world's largest asset manager, has launched a new exchange-traded fund (ETF) tracking the Nifty 50 index in Japan. The move aims to provide Japanese investors with broader exposure to India's equity market, reflecting the increasing globalization of Indian financial markets. The BlackRock Nifty 50 ETF will be traded on the Tokyo Stock […]
The Securities and Exchange Board of India (SEBI) is planning significant regulatory adjustments aimed at mitigating the risks associated with derivative trading. This move comes in response to a surge in trading activities, particularly in the options market, which saw a record 108 billion contracts traded globally in 2023, with 78% of these on Indian […]
Investing in mutual funds, shares, and property is a common way to build wealth, but it's important to understand the tax implications associated with these investments. One such tax is the Short Term Capital Gain Tax, which applies when you sell an asset within a short period after acquisition. This guide will help you understand […]
Current Market Price, is the ongoing trading price of a security in the stock market. It reflects the real-time value at which a specific stock or financial instrument is currently being bought or sold. This dynamic metric is essential for investors, providing immediate insights into a security's market valuation. By comparing CMP in stock market […]
One of the key steps to start investing in mutual funds (MFs) is to link a valid bank account to your MF account. This allows for easy transactions, such as buying or redeeming mutual funds, and for receiving dividend credits. The market regulator SEBI allows investors to link up to five bank accounts to a […]
