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 Karnataka government is preparing to introduce a new electric vehicle (EV) policy that could bring significant benefits to EV buyers and manufacturers in the state. One of the major highlights of this policy is the likely exemption from road tax for electric and strong hybrid vehicles, aimed at promoting the adoption of clean mobility solutions. Road Tax Relief on EVs and Strong Hybrids As per reports, the upcoming policy may offer a road tax exemption on vehicles priced up to ₹25 lakhs. This includes both electric vehicles and strong hybrid cars, which are seen as a greener alternative to…
Even as the stock market continues to rise, many mutual funds (MFs) are holding substantial cash reserves. This cautious strategy is raising questions among investors, especially since MFs currently have nearly ₹1.86 lakh crore in cash. The market is strong, but funds seem hesitant to deploy their cash reserves. What’s driving this decision? What’s Driving MFs to Hold Cash? Several factors are pushing MFs to remain cautious: Top Mutual Funds Holding Large Cash Reserves Here’s a list of the funds that are holding a significant percentage of their assets in cash: Why High Cash Holdings Aren’t Necessarily Bearish Many assume…
From October 1, 2024, several new income tax rules are set to come into effect. These updates, introduced in the 2024 budget, will impact various financial aspects, including Aadhaar regulations, Securities Transaction Tax (STT), Tax Deducted at Source (TDS) rates, and more. If you are filing income tax returns or investing in the stock market, it’s crucial to stay informed about these changes to avoid potential issues. Let’s break down the key updates coming into force this October. 1. Securities Transaction Tax (STT) Increased for F&O One of the major changes is an increase in STT for Futures and Options…
When it comes to mutual funds, investors often face the question: “Should I invest in active funds or passive funds?” With numerous options available, making the right decision can feel overwhelming. But don’t worry! This guide will help you understand both types of funds in a simple and straightforward way, so you can make an informed decision. What Are Active Mutual Funds? Active mutual funds are professionally managed by fund managers, whose goal is to beat the market. They actively choose stocks and adjust the fund’s portfolio based on research, analysis, and market trends. Key Points About Active Mutual Funds:…
The Indian stock market has been on a continuous upward trend, breaking new records every day. Recently, the Sensex crossed the 85,000 mark, sparking curiosity among investors about when it will reach the highly anticipated milestone of 100,000 points. Many experts believe that the Sensex could achieve this feat sooner than expected. Growth Momentum: From 85K to 100K It took about one and a half months for Sensex to rise from 80,000 to 85,000, and now it needs to gain another 17.5% to hit the 100,000 mark. According to financial analysts, this could happen by 2025. If Sensex continues to…
In recent months, Public Sector Undertaking (PSU) stocks have shown impressive growth, making them a lucrative option for investors. The government’s increasing focus on strengthening public sector companies has led to a boom in these stocks. As a result, the BSE PSU index has surged by nearly 70% in the last year and by 163% in the past three years. If you’re looking to include high-performing PSU stocks in your investment portfolio, PSU-themed mutual funds are an excellent option. These funds focus on government-owned companies across different sectors, providing investors with exposure to a diversified portfolio. Let’s explore the top…
In a surprising turn of events, data reveals that more than 900 companies reported zero employee complaints in 2023. At first glance, this seems like an impressive feat, especially considering how workplace concerns are common everywhere. From health and safety issues to complaints about working hours, many companies receive numerous reports from their employees. But why are these companies showing no complaints at all? Over 2 Lakh Complaints Filed in 2023 According to a report by Economic Times and data from Prime Database, top Indian companies faced over 2.20 lakh employee complaints in the 2023 financial year. Out of these,…
The Burman family, well-known for their iconic company Dabur, is now trying to gain control of Religare Enterprises (REL), a financial services firm. However, Religare’s current management, led by Chairperson Rashmi Saluja, is resisting this takeover attempt. While the Burmans have steadily increased their stake in Religare, the conflict between them and the management has escalated. Let’s dive into the details of what’s causing this friction. Burman Family’s Stake Crosses 25%, Triggers Open Offer On September 25, 2023, the Burman family acquired an additional 5.27% stake in Religare, bringing their total holding to over 25%. According to SEBI’s regulations, this…
Multi asset funds have become increasingly popular among investors who are looking for a balanced approach to their investments. These funds are designed to reduce risk by investing in multiple asset classes such as equities, bonds, and commodities like gold and silver. In this article, we’ll explore the top multi asset funds in India that have delivered impressive returns over the past five years and discuss the benefits they offer to investors. Top Multi Asset Funds with High Returns Despite being hybrid in nature, multi asset funds have proven that they can deliver significant returns. Here’s a look at six…
Zoho Corporation, a global tech company known for its cloud-based software suite, is now gearing up to venture into the semiconductor manufacturing industry. Sridhar Vembu, CEO of Zoho, confirmed that the company has applied to the Indian government to set up a chip manufacturing facility. This move positions Zoho alongside major industry players like Tata Group, Vedanta, and Adani in the race to establish a robust semiconductor industry in India. Application Submitted, Awaiting Approval In an interview, Sridhar Vembu revealed that Zoho, in partnership with another company, has submitted an application to the government for approval to build a semiconductor…