Author: 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 US Federal Reserve (Fed) is expected to make a significant decision on its interest rates, and this could have a domino effect on the global economy. For Indian borrowers, especially those with home, personal, or auto loans, this could be a crucial moment. A rate cut by the US Fed could eventually lead to cheaper loans in India, but the real question is—how soon will this happen? Let’s break it down. Why Do Central Banks Raise Interest Rates? To understand the potential impact of a US Fed rate cut, it’s essential to know why central banks raise interest rates…
Veteran Investor Highlights the Role of Valuation in Investment Decisions through Big B’s Interesting Incident The topic of valuation has been at the forefront of discussions lately, especially with the continuous rise in stock markets leading to the inflated prices of shares. Veteran investor and fund manager Sameer Arora recently shared an intriguing incident involving Bollywood superstar Amitabh Bachchan to explain the significance of understanding valuation when making investment decisions. This story, involving Bachchan’s shopping experience in London, perfectly illustrates how misjudging value can lead to costly mistakes. Big B’s Encounter with a Shopkeeper in London During a trip to…
DroneAcharya Aerial Innovations, a prominent player in India’s drone technology industry, recently grabbed attention after securing an export order worth $2,40,000. The order involves supplying heavy payload drone components to a Lithuanian company, MB Darvilis. This deal highlights DroneAcharya’s growing presence in the global drone market, as it strengthens its position as a reliable supplier of advanced drone components. Despite this positive news, the company’s stock witnessed significant volatility in the market. Share Price Movement After Export Order Announcement Initially, DroneAcharya’s share price saw a 4% rise in early trading, reaching Rs 161. However, this upward trend didn’t last long.…
In a significant move, the Punjab government unveiled the draft of its new Agriculture Policy on September 16. The policy draft highlights several farmer-friendly proposals, including a guaranteed Minimum Support Price (MSP) for all crops, ensuring that farmers receive fair prices for their produce. Additionally, the draft proposes a pension scheme for farmers and laborers who own less than five acres of land, addressing the financial difficulties faced by small-scale farmers in the state. Emphasis on Crop Diversification and Reducing Water-Intensive Farming One of the key aspects of the policy is its strong push for crop diversification. The state has…
The process of submitting a life certificate for pensioners has become more convenient with the introduction of the Digital Life Certificate initiative. Launched by Prime Minister Narendra Modi on 10th November 2014, this scheme allows retired employees to submit their life certificates digitally, ensuring their pension continues without hassle. The government has made it even easier for pensioners to submit these certificates from the comfort of their homes using their mobile phones. EPFO’s Step-by-Step Guide to Submit Digital Life Certificate The Employees Provident Fund Organization (EPFO) has outlined the process for submitting a Digital Life Certificate. According to EPFO, pensioners…
Pakistan, already struggling with a severe debt crisis, is set to receive additional loans from the Asian Development Bank (ADB). The ADB has committed to providing $2 billion annually to Pakistan over the next four years, according to recent reports. This assistance, aimed at helping the country manage its cash shortages, will begin in 2024 and continue through 2027. The announcement was made following discussions between ADB President Masatsugu Asakawa and Pakistani officials on Monday. The total package, worth $8 billion, is part of ADB’s ongoing efforts to support Pakistan’s economic recovery. Concessional Loan at Low Interest Rates As part…
Rating agency Crisil has stated that the ongoing crisis in Bangladesh is unlikely to have any significant short-term impact on Indian industries. In its recent report, Crisil pointed out that although industry-specific risks could vary, the overall credit quality of Indian companies remains unaffected for now. Limited Trade Exposure to Bangladesh Minimizes Risks India’s trade exposure to Bangladesh is relatively small, accounting for just 2.5% of its total exports and 0.3% of imports in the last fiscal year. Indian exports to Bangladesh mainly consist of cotton, petroleum products, and electricity, while imports include vegetable oil, marine products, and garments. Crisil’s…
Investors seeking exposure to gold often find themselves presented with various avenues, and Sovereign Gold Bonds (SGBs) have gained prominence as a government-backed investment option. While SGBs can be purchased from various channels, including banks and post offices, the option to buy them from the stock exchange has become increasingly popular. In this comprehensive article, we will explore the pros and cons of buying Sovereign Gold Bonds from the stock exchange to help investors make informed decisions. Understanding Sovereign Gold Bonds (SGBs) SGBs are financial instruments issued by the Reserve Bank of India (RBI) on behalf of the Government of…