Anything that Spices up your Money Life!
Apple Inc., one of the world’s largest technology companies, is making significant strides in the Indian market, further cementing its presence in the country. After the successful launch of its flagship retail stores in Delhi and Mumbai, Apple is planning to open four more retail stores in major cities like Bengaluru, Pune, Delhi-NCR, and Mumbai. … Read more
Baroda BNP Paribas Mutual Fund has launched a new fund, the Nifty 200 Momentum 30 Index Fund, available for subscription from September 25 to October 9, 2024. This fund aims to tap into the momentum investing strategy, offering a mix of passive investing benefits with the potential for superior returns. The fund invests in the … Read more
Silver Prices Today Market Trends & Analysis MCX Futures Data Factors Influencing Gold and Silver Prices Several external factors influence the price of gold and silver, including: These factors contribute to the ongoing volatility in the gold and silver markets. Source: Data compiled from daily market reports.
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