International crude oil prices climbed three per cent before paring gains on Wednesday, October 2, on worries that the escalating conflict in the Middle East due to the Israel-Iran war could threaten oil supplies from the world’s top-producing region. However, a large build-up in US crude inventories limited gains. Brent futures were last up 84 … Read more
The government recently expanded the scope of its free public health insurance scheme, Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), to include all citizens above age 70 irrespective of their socio-economic status. This comes at a time when health insurance premiums for senior citizens have been soaring. But will it be a good idea for … Read more
Sales of two-wheelers have demonstrated robust growth in September, achieving double-digit increases, bolstered by a notable surge in electric two-wheeler sales and improvement in the exports. Leading brands like Hero MotorCorp, Bajaj, TVS Motor Co, and Honda Two-Wheelers all reported positive growth compared to their performance in September 2023. In contrast, passenger vehicle wholesales have … Read more
When singer and actor Diljit Dosanjh announced the India leg of his tour on 4 September, his fans across the country immediately started scrambling for tickets. Along with the tickets came another important bit of information: HDFC Pixel Play credit card holders would get exclusive access to book the tickets ahead of others. Pixel cardholders … Read more
Shares of Polycab India, a leading manufacturer of electrical wires and cables, resumed their upward momentum in the last few sessions and witnessed a breakout after consolidating in a narrow range for nearly three months. The stock surged 13.14% in the past eight trading sessions, rising from ₹6,475 to ₹7,326 apiece. Polycab shares jumped nearly … Read more
The festive season is a time of joy, celebration, and increased spending. For many first-time borrowers, personal loans can help cover additional expenses. However, it’s vital to borrow wisely to avoid future financial issues. Here’s a guide to managing loans responsibly during this festive period. Tips for festive borrowing Plan your budget carefully Identify essential … Read more
Stock market holiday: The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will be closed on Wednesday, October 2, 2024. The closure marks Gandhi Jayanti, a national holiday in India. Gandhi Jayanti honors the birth of Mohandas Karamchand Gandhi. He was key to India’s independence movement and known for his nonviolence principles. All trading … Read more
Right outside Fernandes’s home is a poster of a woman who passed away recently. It grabs his attention each time he opens his gate. His eyes are then drawn to one of his favourite possessions, his bicycle, long unused, which reminds him of happier days. Now, he can barely pick up his phone without using … Read more
Stock Market News: On Monday, domestic benchmark indices, Sensex and Nifty 50, started the day with losses, primarily due to a decline in information technology and financial stocks as investors booked profits at all-time high levels. The Nifty 50 index commenced at 26,061.30 points, marking a decrease of 0.45% or 117.65 points, while the BSE … Read more
A Cash Deposit Machine or Automated Deposit-cum- Withdrawal Machine (ADWM) — is an ATM-like machine that enables depositors to deposit cash into their accounts using the ATM-cum-debit card. One can use this machine to immediately credit their account without visiting the branch. The transaction receipt gives an updated account balance. Meanwhile, it is vital to … Read more