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 Indian stock market has been facing a consistent downward trend, with Nifty losing around 480 points in the last five trading sessions. As per market analysts, the situation may worsen in the coming days due to a mix of global events and technical market issues. One of the primary reasons for this forecast is the escalating tension in the Middle East, particularly after Iran’s missile strike on Israel on October 1, 2024. On October 1, Nifty dropped from its all-time high of 26,277 to 25,797, and market experts believe that this decline could continue. With the market closed on…
The recent missile attacks by Iran on Israel have sent crude oil prices soaring by 4%, causing concern for the global oil market. For India, which imports the majority of its oil, the rising prices could lead to serious economic repercussions. As tensions escalate, experts are warning that prolonged increases in crude prices could harm the Indian economy. Rising Crude Prices Could Push Inflation Higher in India Sugandha Sachdeva, founder of SS WealthStreet, explains that a $10 rise in crude prices could increase India’s inflation by 0.3%. This would also widen the current account deficit (CAD) by $12.5 billion, which…
In October 2022, Elon Musk, the world’s richest man, made headlines by purchasing the microblogging site Twitter for a massive $44 billion. After rebranding it as X, the platform’s financial journey has been anything but smooth. According to investment firm Fidelity, the value of X’s shares has taken a severe hit, dropping by nearly 80% since the purchase. The company’s current valuation stands at $9.4 billion, a significant drop from its estimated worth of $30 billion at the time Musk acquired it. Advertisers Shy Away from X, Revenue Declines A big reason for this drastic decline in X’s value is…
Central government employees are waiting for the next announcement regarding the hike in Dearness Allowance (DA), which is expected this month. Media reports suggest a possible 3% to 4% increase in DA, which could be announced just before the festive season of Dussehra and Diwali. This comes as welcome news for employees and pensioners alike, as DA adjustments help offset rising living costs. What is Dearness Allowance (DA)? Dearness Allowance, or DA, is a critical part of a government employee’s salary. It is a cost of living adjustment allowance paid by the government to its employees and pensioners to help…
The Middle East is witnessing rising tensions, with the conflict between Israel and Hamas now involving other countries like Lebanon, Iran, and Yemen. On October 1st, Iran fired missiles at Israel, and there are threats to US bases in Iraq. These developments are raising concerns about the economic impact, especially on countries like India that depend on the region for crude oil. The question now is, how should investors in India navigate this uncertain environment? Here’s a breakdown of the key factors affecting the Indian stock markets and what investors can do to manage their portfolios. Impact of Middle East…
For investors looking for high returns from public sector companies (PSUs), the SBI PSU Fund has been a top choice over the years. This fund, which primarily invests in leading government-owned companies across various sectors, has become one of the best performers in its category. Over the past decade, the SBI PSU Fund has multiplied investments fourfold, delivering strong returns even during market fluctuations. Here’s a breakdown of its performance, portfolio, and who should consider investing in this fund. Impressive 10-Year Return: 284% Growth One of the standout features of the SBI PSU Fund is its excellent performance over the…
The bitter conflict between Ashneer Grover, cofounder of BharatPe, and the digital payment company has officially come to an end. After months of legal battles and public drama, both parties have reached a settlement that sees Grover completely exiting BharatPe. As part of the agreement, Grover will have no involvement with the company moving forward, and his shares will be transferred to different entities, including a family trust. According to media reports, a portion of Grover’s shares will go to the Resilient Growth Trust, while the rest will be managed by his family trust. Both sides have agreed to drop…
A recent tragedy has sparked a national conversation about the pressures of modern work culture in India. Following the unfortunate death of a CA working at EY, her family blamed the heavy workload for her demise. This incident reignited the ongoing debate about work-life balance and the concept of the “Right to Disconnect.” The idea behind this policy is to allow employees to be free from work-related communication outside of office hours, helping them maintain a balance between their personal and professional lives. A new survey by the global hiring platform Indeed reveals that most Indian employers are beginning to…
A recent report by DBS Bank and CRISIL has highlighted the financial landscape for women entrepreneurs in India. The findings reveal that a large percentage of self-employed women rely on personal savings to start and run their businesses, with fewer women opting for bank loans or other financial institutions. The report provides a detailed insight into how women in cities are funding their businesses and embracing digital payments. Savings Over Loans: A Financial Trend The report reveals that 39% of self-employed women in India use personal savings to finance their businesses. In contrast, only 21% of women have taken business…
India’s stock market has been grappling with concerns lately as China announces its largest post-pandemic stimulus to revive its economy. With Chinese stocks witnessing a significant surge, many investors are wondering whether foreign investments will shift from India to China. But is there really a reason for Indian investors to worry? Let’s break it down. Why Is China’s Stock Market Rising? China recently unveiled its most substantial economic relief package since the COVID-19 pandemic. The package includes multiple measures aimed at reviving the struggling property market and bolstering the economy. As a result, Chinese stocks saw their biggest rise in…