In recent times, peer-to-peer (P2P) lending has gained significant traction as a viable investment avenue for individuals seeking higher returns compared to traditional methods. The rise of platforms like MobiKwik Xtra has enabled investors to connect directly with borrowers, providing a seamless and transparent financial solution. This article explores the experiences of two businessmen from ...
The stock market experienced a significant drop on October 22, 2023, plunging to a level not seen in ten weeks. This decline broke through key support levels, raising concerns among investors and analysts alike. The Nifty 50 index fell by 1.25 percent, settling at 24,472. This decline positions the index below critical support thresholds of ...
The stock market closed with gains on October 18, marking a significant rebound after three consecutive days of decline. The Nifty index surged by 104 points, closing above 24,850. Experts have indicated that the immediate resistance level for the Nifty is at 25,000. In this article, we will outline vital data points and insights to ...
Baiju Raveendran, the founder of Byju’s, has addressed ongoing discussions regarding his stay in Dubai. In recent years, Byju’s, a prominent edtech brand, faced numerous challenges that impacted its operations. In his first virtual press conference in four years, Raveendran clarified the misconceptions surrounding his move to Dubai, emphasizing the personal nature of his stay. ...
The United Arab Emirates (UAE) has introduced a new ‘Visa on Arrival’ provision that will significantly benefit Indian travelers. This development is particularly useful for those looking to visit the UAE for tourism, business, or family reunions. The new regulations aim to streamline the entry process, making it more convenient and efficient for travelers from ...
Introduction Hindustan Zinc, a subsidiary of Vedanta Group, recently announced its production figures for the second quarter of the current fiscal year. The company reported a significant boost in its production of mined metal, reflecting its ongoing efforts to enhance operational efficiency and meet market demands. Production Highlights Mined Metal Production Growth On October 2, ...
The stock market in India will reopen for trading on October 3rd, following a mid-week holiday. Investors are keenly watching the ongoing geopolitical tensions in the Middle East, as well as recent trends in the U.S. stock markets, which are likely to influence market behavior in the coming days. Amid these circumstances, Chris Wood from ...
The electronics manufacturing landscape in Taiwan has witnessed a significant development with Foxconn, a major player known for its contract manufacturing of iPhones, making a robust investment in a semiconductor joint venture. The company plans to invest ₹424 crores in collaboration with HCL Group, signaling its dedication to strengthening its foothold in the semiconductor industry. ...
The Securities and Exchange Board of India (SEBI) has recently made headlines by maintaining the status quo with respect to its index derivatives regulations. This decision, made during a board meeting on September 30, 2023, has caught the attention of market participants who were eagerly awaiting potential changes. In the months leading up to this ...
In a bid to curb administrative expenses, Pakistan has taken significant measures by eliminating over 150,000 government jobs. Additionally, around six ministries have been dissolved, while the announcement for the merger of two ministries has also been made. These actions are a part of the reforms agreed upon with the International Monetary Fund (IMF) under ...