Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
The Competition Commission of India (CCI) recently imposed a Rs.213 crore penalty on Meta, the parent company of WhatsApp, over alleged anti-competitive practices linked to WhatsApp’s 2021 privacy policy update. Responding to the fine, Meta has expressed its disagreement and announced its intent to consider legal options to challenge the decision. Why Was the Fine Imposed? The CCI’s decision relates to privacy policy changes introduced by WhatsApp in 2021. According to the regulator, these changes allowed WhatsApp to share user data with other Meta-owned platforms for advertising purposes. To address these concerns, the CCI has barred WhatsApp from sharing such…
Donald Trump is set to take office as the President of the United States for the second time in January 2025 after a decisive electoral win. However, his victory comes with an enormous challenge—the ballooning national debt of the United States. As of now, the U.S. national debt stands at a staggering $36 trillion, with every American citizen carrying a debt burden of over $100,000 (₹84 lakh). The U.S. Treasury Department’s latest data paints a grim picture of rising financial strain. In just four months, the debt has surged by $1 trillion, growing at an annual pace of $3 trillion.…
The rooftop of your house isn’t just an unused space; it’s a goldmine of opportunities waiting to be explored. If you’re looking for a profitable business idea that doesn’t require much investment, then starting a business on your rooftop could be the solution. With minimal risks and high earning potential, these ventures are suitable for small towns and big cities alike. From terrace farming to installing solar panels, renting space for mobile towers, or using it for advertising banners, there are plenty of options to turn your roof into a steady source of income. Start Terrace Farming: Grow Vegetables on…
The recent 12% drop in Sensex and Nifty has left many investors worried. Falling stock prices and lower short-term mutual fund returns are causing hesitation among investors. While some fear further decline, market experts recommend viewing such phases as opportunities rather than setbacks. Here’s why market downturns can work in your favor if you stay invested with a long-term perspective. Why Market Behavior is Hard to Predict Market fluctuations are natural and unpredictable. According to AK Nigam, Director of BPN Fincap, trying to time the market or predict daily movements is nearly impossible. Historical data shows that while markets often…
India’s Public Distribution System (PDS), designed to provide subsidized grains to over 800 million people, is losing food worth Rs.69,000 crore annually due to leakages and theft. According to a report by the Indian Council for Research on International Economic Relations (ICRIER), about 28% of the grains intended for the poor never reach them. The government procures rice and wheat every year to distribute free or subsidized food grains. However, 20 million tonnes of these grains are reportedly diverted to the open market or exported illegally, raising concerns about the efficiency of the system. Persistent Challenges in the Distribution System…
ICICI Prudential Mutual Fund has introduced its latest New Fund Offer (NFO) — ICICI Prudential Equity Minimum Variance Fund. This scheme is designed for investors seeking long-term growth with lower market volatility. The NFO subscription opens on November 18, 2024, and closes on December 2, 2024. Here’s everything you need to know about this investment opportunity. What Makes This Fund Unique? This fund operates on the minimum variance strategy, targeting stocks with lower price fluctuations. By focusing on stable, low-volatility stocks within the Nifty 50 index, the scheme aims to provide steady returns over the long term. Key highlights: Features…
When you visit a hotel or restaurant for a meal, you might have noticed that some establishments only serve bottled water, refusing to provide regular drinking water. This practice is not only unfair but also against the rules. As a customer, you have the right to access free and clean drinking water without being forced to purchase bottled water. What Are the Rules? Under the rules of business standards and consumer rights, hotels and restaurants are required to provide basic amenities to their customers, including drinking water. Denying this service and insisting on selling bottled water is a violation of…
The NTPC Green Energy IPO is set to open on November 19, 2024, marking an important step in India’s renewable energy journey. As a wholly owned subsidiary of NTPC, this IPO aims to raise Rs.10,000 crore, with anchor investor bids scheduled for November 18 and public bids closing on November 22. Shares are expected to list on BSE and NSE on November 27. Here’s a breakdown of everything you need to know about the IPO, expert opinions, and whether it’s a good investment option. IPO Price Band and Lot Size The IPO proceeds will primarily be used to reduce the…
The Income Tax Department has issued a strong warning to taxpayers regarding the disclosure of foreign income and assets. Residents of India who fail to declare such details in their Income Tax Returns (ITR) for the assessment year 2024-25 may face penalties of up to ₹10 lakh under the Black Money (Undisclosed Foreign Income and Assets) Act, 2015. As the deadline for late and revised ITR filing approaches on December 31, taxpayers are urged to ensure all foreign holdings and earnings are reported accurately. Here’s everything you need to know to stay compliant. What Counts as Foreign Assets or Income?…
The air hostess profession is a dream career for many, offering opportunities to work with top airlines and travel the world. Whether on domestic or international flights, air hostesses play a crucial role in providing a safe and comfortable journey for passengers. However, their salaries can vary significantly depending on whether they serve in business or economy class. Let’s dive into the factors influencing this difference. Higher Pay in Business Class: Here’s Why Economy Class Salary: Where It Stands Economy class, being the standard travel option for most passengers, requires fewer premium services. As a result, salaries are comparatively lower:…