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.
Elon Musk’s Starlink, a satellite internet service by SpaceX, aims to bring high-speed internet access to India, especially to remote regions where traditional internet is limited. With its global presence in over 36 countries, Starlink is set to transform connectivity in rural and underserved areas by leveraging a network of low-Earth orbit satellites. However, establishing Starlink in India is not straightforward. Here’s a look at the hurdles Starlink faces as it navigates regulatory processes and competition in the Indian market. What Exactly is Starlink? Starlink is a satellite-based internet service that uses a constellation of thousands of small satellites to…
The recent surge in retail inflation has left many households and policymakers concerned. October’s inflation data revealed a 14-month high, catching economists and the public off guard as the numbers exceeded the Reserve Bank of India’s (RBI) tolerance level of 6%. As costs for daily essentials and loan EMIs climb, the RBI’s path forward appears uncertain. The potential for interest rate cuts is limited, leaving borrowers wondering how long they may have to wait for relief on their monthly EMIs. A Steady Climb in Retail Inflation India’s retail inflation, which had been relatively stable at around 3.60% in July, began…
For investors looking to capitalize on India’s growing consumption sector, Bajaj Finserv has launched a new fund offering (NFO) — the Bajaj Finserv Consumption Fund. This NFO, designed to focus on sectors benefiting from rising domestic demand, opened on 8 November 2024 and will close on 22 November 2024. It aims to provide long-term capital appreciation through investments in companies that drive India’s consumption growth. Why Bajaj Finserv is Betting on the Consumption Sector India’s consumption story is strong, driven by rising incomes, urbanization, and a growing young population with higher spending power. Bajaj Finserv AMC believes that sectors like…
With Donald Trump’s recent win in the US presidential election, new roles have been handed out within his administration. Among the prominent appointments, Vivek Ramaswamy, an Indian-American entrepreneur and biotech leader, has been tasked with an important role. He will work alongside billionaire Elon Musk to lead the newly created Department of Government Efficiency, which is set to reduce bureaucracy and cut down on excessive regulations and expenses within the government. Early Life and Family Roots in India Vivek Ramaswamy, born in August 1985 in Ohio, USA, has roots in India. His father, V. Ganapathy Ramaswamy, hails from Kerala and…
For investors seeking long-term growth with reliable performance, ICICI Prudential Large & Mid Cap Fund has consistently proven to be a strong option. This fund, which has been around for over 26 years, has delivered impressive returns and maintained a 5-star rating, making it one of the notable choices in the mutual fund market. Whether through lump-sum investments or a monthly SIP (Systematic Investment Plan), this fund has provided substantial growth for investors with a steady approach. 26 Years of Strong Returns: A Closer Look Since its inception in 1998, ICICI Prudential Large & Mid Cap Fund has yielded an…
Investing through SIPs (Systematic Investment Plans) in mutual funds has become a popular way for Indians to grow their wealth, especially over long terms of 7 to 10 years. Financial experts often suggest SIPs as a good option for investors looking for steady returns without needing to time the market. But how much can you grow with a consistent SIP? Here, we look at the top 10 mutual funds that have offered the highest SIP returns over the past decade, achieving annual growth rates of 23% to 27%. If you’re considering starting a SIP, this list could give you a…
Donald Trump, potentially returning to the U.S. presidency, is hinting at an aggressive trade strategy targeting China and possibly other Asian countries. His plans to impose a steep 100% tariff on Chinese goods could create a ripple effect that reaches India, affecting not only Indian exports but also other Asian economies that have strong trade ties with the U.S. This move could disrupt global trade and influence diplomatic relations as countries face higher tariffs on exports to the United States. Understanding Tariffs: How Higher Import Taxes Could Hurt Trade Tariffs, essentially import taxes, are imposed by a government on products…
Nippon India Mutual Fund has announced two new index fund options through New Fund Offers (NFOs), both set to provide sector-specific investment opportunities for Indian investors. The new funds—Nippon India Nifty Realty Index Fund and Nippon India Nifty Auto Index Fund—are geared toward investors looking to add a focused sectoral approach to their portfolios. Subscription for both NFOs will be open from November 14 to November 28, 2024, and each offers the potential for sectoral growth in real estate and auto industries. These funds can be a great option for investors who prefer low-cost, passive investment in specific sectors while…
UTI Mutual Fund has rolled out two new index funds through New Fund Offers (NFOs), opening up fresh opportunities for Indian investors looking to diversify with a long-term focus. The two funds, UTI Nifty Alpha Low Volatility 30 Index Fund and UTI Nifty Midcap 150 Index Fund, are designed for high-risk investors aiming for long-term returns. This overview will help investors understand the key features, risk profile, and performance history of these funds, enabling them to make an informed choice. The NFOs for these funds are open from November 11 to November 25, 2024. Overview of the New Funds Both…
The story of Raj Rajaratnam is a tale of meteoric rise, a fall from grace, and a second chance at life. Known as one of the most infamous names in the world of finance, Raj was a hedge fund manager whose illegal activities changed the course of his life. His journey from Wall Street to prison and now to a career in cryptocurrency is nothing short of dramatic. Born in 1957 in Colombo, Sri Lanka, Raj Rajaratnam’s early life was marked by a strong family background. His father, a businessman with high-profile roles including being the CEO of Singer Sewing…