The domestic stock market is on a continuous decline. On Monday also the stock market started trading in the red mark. The Bombay Stock Exchange (BSE) index Sensex was trading at 77186.57 level with a huge decline of 393.74 points at 9:59 am. Similarly, the National Stock Exchange (NSE) benchmark …
Read More »How much does the purity of gold affect Gold Loan, understand these things before applying
When on a special occasion or in an emergency you have to fulfill some financial responsibility and you do not have sufficient funds, then a gold loan can be an immediate resource at such a time. It is worth noting that the amount of gold loan you will get depends …
Read More »What is Top up Home Loan? Know the special things related to it
Top-up Home Loan: Everyone dreams of having their own house. A house is the biggest purchase in a person’s life. Often people take home loans to buy a house. Home loans are the longest-term loans. Many times, even after taking a home loan, money is needed to buy or build a …
Read More »Last week, HDFC Bank and SBI investors suffered the biggest losses, while Infosys-TCS made profits
In terms of market capitalization, the total valuation of eight of the country’s top 10 companies declined by Rs 1,65,180.04 crore last week. During this period, private sector HDFC Bank and public sector State Bank of India (SBI) suffered the biggest losses. Last week, the BSE Sensex fell by 1,906.01 …
Read More »Stock Market Outlook: Will people lose crores of rupees in the market this week too or will there be a boom, know what the experts are saying
Trading activities of foreign investors (FIIs) and global trends will be the key driving factors for the upcoming stock markets. Major stock exchanges BSE and NSE have declared a trading holiday on November 20 for the assembly elections in Maharashtra. Elections for the 288-member Maharashtra Assembly will be held on …
Read More »So far in November, FPI has withdrawn Rs 22,420 crore from the stock market, will the selling stop now?
Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month due to high valuations of the domestic stock market, rising allocations to China, and a rise in the US dollar as well as treasury yields. With this sell-off, foreign portfolio investors (FPIs) have …
Read More »If this disclosure is not made in ITR, then a fine of Rs 10 lakh may be imposed, Income Tax Department warns
The Income Tax Department on Sunday cautioned taxpayers that non-disclosure of assets located abroad or income earned abroad in ITR could attract a penalty of Rs 10 lakh under the anti-black money law. The department on Saturday issued a public consultation as part of its recently launched compliance-cum-awareness drive to …
Read More »RBI suggested to municipal corporations to increase revenue by imposing adequate user fees on essential services
Municipal corporations should levy adequate user charges on essential services such as water supply and sanitation to raise non-tax revenue and provide quality public services, a Reserve Bank of India (RBI) report said. The ‘Report on Municipal Finances’ 2019-20 to 2023-24 (Budget Estimates) takes a deep look at the fiscal …
Read More »Big news for the Indian stock market, the tables have turned, new report from global brokerage firm CLSA released
Global brokerage firm CLSA has reversed its initial strategic shift of exiting Indian stock markets and investing in China. The brokerage house has decided to increase investment in India while reducing investment in China. CLSA said in a report that after Donald Trump’s victory in the US elections, Chinese …
Read More »Nifty fell 10.44% from its all-time high, the stock market has been declining continuously since October
The decline in the Indian stock market that started in October is continuing. During this period, stock market investors have suffered losses worth lakhs of crores of rupees. BSE’s major index Sensex and NSE’s Nifty 50 are continuously going through a huge decline after reaching record highs this year. Nifty …
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