Spicey Money

The much-anticipated Initial Public Offering (IPO) of Kross had a lukewarm debut on the National Stock Exchange (NSE). Listed at Rs 240 per share, the Kross IPO ended up making a flat start despite a promising outlook. However, its share price saw some positive movement later, peaking at an intraday high of Rs 265.99, reflecting … Read more

Introduction to SIPs Systematic Investment Plans (SIPs) have become a popular financial tool for investors seeking to grow their wealth over time. By allowing individuals to invest small, fixed amounts regularly, SIPs democratize access to the stock market, making it feasible for even those with limited disposable income to participate in wealth creation. Over the … Read more

Introduction Becoming a crorepati is a financial goal many aspire to achieve, and with disciplined investing, it’s entirely possible. In this article, we will explore how Ramesh, a 25-year-old who starts investing in a Systematic Investment Plan (SIP), can achieve this milestone. We will also delve into how the 8-4-3 rule of compounding accelerates wealth … Read more

Achieving Financial Independence at 45: The Story of Ramesh and the FIRE Movement The dream of financial independence and early retirement (FIRE) is captivating more people as they seek to escape the 9-to-5 grind and gain control over their lives. The FIRE movement, which stands for Financial Independence, Retire Early, is a lifestyle strategy that … Read more

In a striking example of market exuberance, a small Delhi-based bike dealership, Resourceful Automobile, recently launched an Initial Public Offering (IPO) that captured the attention of retail investors across India. The company, seeking to raise a modest Rs 12 crore, ended up with bids worth a staggering Rs 4800 crore, oversubscribed by nearly 400 times. … Read more

Introduction Premier Energies, a well-known player in the solar energy sector, recently launched its Initial Public Offering (IPO). If you’re new to IPOs or investing in general, don’t worry. This article will break down what the Premier Energies IPO is all about, why it’s important, and whether it might be a good investment for you. … Read more

Assured Pensions Under the Newly Introduced Unified Pension Scheme The introduction of the Unified Pension Scheme (UPS) is expected to bring significant changes to government pension policies, with a notable financial impact in the fiscal year 2025 (FY25). However, economists suggest that while the initial one-time allocation may be substantial, it is unlikely to have … Read more

Investing wisely is one of the most effective ways to achieve financial independence. In India, the dream of becoming a crorepati (having 10 million Indian Rupees or more) is a goal for many. Systematic Investment Plans (SIPs) offer a structured and disciplined approach to achieving this dream. Whether you start at 20, 30, 35, 40, … Read more

Bank frauds in India represent a significant threat to the country’s financial stability and trust in the banking sector. Over the past decade, the frequency and sophistication of these frauds have escalated, exacerbated by the rapid growth of digital banking and the complexity of financial transactions. As India strives towards a more inclusive and digitalized … Read more