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 Reserve Bank of India (RBI) has taken significant steps to boost digital transactions across the country by increasing transaction limits for UPI services. The recent changes in UPI Lite Wallet and UPI 123Pay limits aim to enhance the ease of use for digital payment users, especially in rural and remote areas. This move will further support India’s fast-growing digital payments landscape. UPI Lite Wallet Limit Increased to Rs. 5,000 One of the key updates from RBI’s latest Monetary Policy Committee (MPC) meeting is the increase in UPI Lite Wallet’s transaction limit. Users can now send up to Rs. 5,000…
Hindenburg Research’s latest report accuses Roblox of exposing children to inappropriate content while management allegedly cashes out Hindenburg Research, a well-known American short-selling firm, has made startling allegations against Roblox, a popular online gaming platform. The report accuses the platform of serving harmful content to children, including obscene, violent, and abusive material. Additionally, the report claims that key figures at Roblox are misleading investors while secretly selling off their shares, raising serious concerns about the company’s integrity and operations. Roblox Allegedly Targeting Children with Inappropriate Content According to Hindenburg’s report, Roblox is having a disturbing impact on children by exposing…
The commodity market is a financial platform where traders buy and sell contracts related to different commodities like gold, crude oil, metals, and agricultural products. Much like the stock market, investors can make profits from price changes in these commodities, but instead of stocks, they trade in physical goods or their derivatives. In India, the commodity market has become a popular option for traders due to its flexible timing and the opportunity it provides to diversify portfolios. It’s especially attractive to those looking to invest in safe options like precious metals during economic downturns. What is Traded in the Commodity…
Union Road and Transport Minister Nitin Gadkari has introduced the Humsafar Policy, a new initiative aimed at improving facilities on national highways for travelers. Long road trips can be challenging, especially when traveling with family, children, or individuals with special needs. To address these issues, the Humsafar Policy will provide modern amenities on highways, ensuring comfort and safety for all passengers. Better Facilities for Travelers Gadkari announced that this policy will focus on providing clean and well-maintained rest stops on national highways. These rest stops will include basic yet essential facilities like clean toilets, child care rooms, and accessible areas…
If you’re seeking long-term wealth creation, the Aditya Birla Sun Life Frontline Equity Fund (ABSL Frontline Equity Fund) is a strong option. With consistent performance, this fund has helped investors build a corpus of Rs. 1 crore over 22 years with a simple monthly SIP of Rs. 3,200. Here’s a detailed look at how you can benefit from this large-cap equity fund and its investment strategy. How You Can Turn Rs. 3,200 SIP into Rs. 1 Crore Launched 22 years ago, the Aditya Birla Sun Life Frontline Equity Fund has delivered an impressive annualized return of 19.59%. If you had…
Swiggy, one of India’s leading online food delivery platforms, is gearing up to make its debut in the stock market after receiving approval from the Securities and Exchange Board of India (SEBI) for its Rs 12,500 crore IPO. With its competitor Zomato already listed, the IPO marks a significant move for Swiggy as it prepares to challenge Zomato not just in the food delivery space, but also in the stock market. Deepinder Goyal’s Take on Swiggy’s IPO Zomato’s founder and CEO, Deepinder Goyal, sees the entry of Swiggy into the stock market as a positive development. When asked about his…
SAMCO Asset Management Company (AMC) is all set to offer a new investment opportunity for mutual fund investors with the launch of its Multi Cap Fund. This New Fund Offer (NFO) will open for subscription from 10 October 2024 and will remain available till 24 October 2024. The fund is designed to give investors exposure to stocks across different market capitalizations, including large cap, mid cap, small cap, and even micro cap companies. The multi cap nature of this fund provides a balanced portfolio for investors seeking long-term growth. What Makes SAMCO Multi Cap Fund Unique? The SAMCO Multi Cap…
Bank of Baroda has appointed cricket legend Sachin Tendulkar as its global brand ambassador in a significant move to boost its brand presence. This three-year partnership aims to align the bank’s core values of excellence and trust with Tendulkar’s iconic global reputation. With his immense popularity and positive public image, the bank believes Sachin will help elevate its brand on a global level. The announcement was made on Monday, marking the start of a fresh chapter for the bank, which is planning rapid business growth in the coming years. First Campaign: “Play the Masterstroke” with Sachin To kickstart this collaboration,…
Kotak Mahindra Mutual Fund has introduced a new fund offer (NFO) called Kotak MNC Fund, which focuses on investing in multinational companies (MNCs). These companies, known for their presence in multiple countries and strong global business operations, offer long-term growth potential for investors. The NFO is open for subscription from 7 October 2024 to 21 October 2024, giving investors a unique opportunity to participate in the growth of these global giants. Key Features of Kotak MNC Fund NFO Here are some important details about the Kotak MNC Fund NFO: The scheme is designed to provide long-term capital appreciation by investing…
Investing in mutual funds is one of the most popular ways to grow wealth over time. Among the many mutual funds available in India, the HDFC Top 100 Fund stands out due to its consistent performance and potential to generate impressive returns. One of the most exciting aspects of this large-cap fund is that you can start small and still build a significant corpus over time. In this post, we’ll explore how a monthly SIP (Systematic Investment Plan) of just Rs. 4000, combined with a lump sum of Rs. 1 lakh, can potentially help you create a fund of over…