Is India Dominating Lithium-ion Battery Manufacturing?
Finance

Is India Dominating Lithium-ion Battery Manufacturing?

From the automotive industry, including Electric Vehicles (EVs), to renewable energy storage, consumer electronics, and grid management, all these sectors are likely to benefit from the growth of one industry- the lithium-ion battery.    In India, the lithium-ion battery industry is expected to grow a lot in the next five years, and by 2030, there could be a significant recycling market for these batteries. Now, pivoting to a different aspect, are you familiar with ACC? Not the cement, but ACC batteries. Let me provide some information.

Continue Reading about 3 months ago
Factors to Consider While Investing in a New Fund Offer
Mutual Funds

Factors to Consider While Investing in a New Fund Offer

As the popularity of mutual fund investment grows among today's investors, Asset Management Companies (AMCs) and fund houses are levelling up their game by introducing new mutual fund schemes. Whenever a new scheme is launched, it is done via a New Fund Offer or NFO.

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Alternative Investment Funds (AIF): Why and What Should You Know?
Finance

Alternative Investment Funds (AIF): Why and What Should You Know?

₹8.3 trillion! That's the aggregate raised amount by over 1,000 registered Alternative Investment Funds (AIFs) in India, as reported by the Securities and Exchange Board of India (SEBI) data as of March 2023!

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10 Stocks to Benefit from Ayodhya
Stock Market

10 Stocks to Benefit from Ayodhya's Transformation

Shri Ram Janmabhoomi Temple in Ayodhya, India, opened its gates to devotees on 22 January 2024. This event is going to make history for the nation, not only from the perspective of faith but from economic grounds as well.

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Prime Minister Rozgar Yojna Explained
Macro Moves

Prime Minister Rozgar Yojna Explained

Launched in 1993, the Prime Minister Rozgar Yojana (PMRY) is a government initiative to assist educated unemployed individuals in initiating self-employment ventures. 

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Best Ways to Avoid Bad Stocks
Stock Market

Best Ways to Avoid Bad Stocks

Do you know what’s the most crucial trick to ensure the selection of the “right stocks”? It’s the creation of a stock analysing method. But, before analysing a company’s financials, it’s essential to learn how to avoid the stocks unfit for your portfolio.

Continue Reading about 4 months ago
7 Steps Guide for your Financial Plan
Your Money

7 Steps Guide for your Financial Plan

A survey indicates that 67% of Indians think they are prepared for retirement. Would you like to be in charge of your financial future? I'll take you step-by-step through the process of putting together a complete plan for your finances to put you on the road to financial success. 

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How to Pick Stocks in Less Than 6 Minutes?
Stock Market

How to Pick Stocks in Less Than 6 Minutes?

Ready for a money move that won't make your head spin? You're in luck! This isn't a fake-out today; I'm here to help you pick out stocks for your cash stash. Now, why am I doing this? Well, turns out 90% of traders are in the red, and I am here to change that.

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Prime Minister Employment Generation Programme (PMEGP): A Guide
Finance

Prime Minister Employment Generation Programme (PMEGP): A Guide

Turning dreams into enterprises and fostering self-employment and economic empowerment, the Prime Minister Employment Generation Programme (PMEGP) is a flagship initiative by the Government of India, led by the Khadi and Village Industries Commission (KVIC). 

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Best International Fund for 2024
Mutual Funds

Best International Fund for 2024

Focusing on the financial world, large-cap funds exhibited an average annual return of 16.15%, while mid-cap funds showcased a commendable 30.77% return. Notably, small-cap funds emerged as the frontrunners, boasting the highest average return at an impressive 34.29%.

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Ultimate Investing Platform: The Finology Guide
Your Money

Ultimate Investing Platform: The Finology Guide

I know the title sounds like a huge declaration to make. But, the platform discussed in this article is worth it. Hear me out. 🫴

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DuPont Analysis: A Simplified Guide
Finance

DuPont Analysis: A Simplified Guide

Originating from the DuPont Corporation in the 1920s, DuPont Analysis is a powerful tool that provides deep insights into a company's financial condition. It helps analysts break down a company's Return on Equity (ROE) into its essential parts. This breakdown is super handy because it lets you thoroughly assess a company's strengths and weaknesses. 

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Best Tax Saving (ELSS) Mutual Funds for 2024
Mutual Funds

Best Tax Saving (ELSS) Mutual Funds for 2024

As tax season looms closer, think about diving into Equity Linked Savings Scheme (ELSS) funds- they're not just a smart move for growing wealth but also pack a punch when it comes to saving on taxes. These funds provide a dual advantage of potential returns and tax deductions under Section 80C of the Income Tax Act.

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Best Flexi & Multi Cap Mutual Funds for 2024
Mutual Funds

Best Flexi & Multi Cap Mutual Funds for 2024

As of 30 November 2023, there were a total of 1,472 mutual fund schemes. In the ever-changing world of mutual funds, we know how important it is to pick the winners for your portfolio. 

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Sovereign Gold Bond Scheme 2023-24: Worth Investing?
Macro Moves

Sovereign Gold Bond Scheme 2023-24: Worth Investing?

Giving a double-digit return on investment in 2022-23, the Sovereign Gold Bond (SGB) Scheme tranches 3 and 4 were announced for 2023-24. The scheme yielded an average of 13.7% return for the past few years.

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Is Small Industries Development Bank of India Helping Your Business?
Macro Moves

Is Small Industries Development Bank of India Helping Your Business?

Small Industries Development Bank of India, or SIDBI, is slowly but steadily expanding its reach in the MSME sector. The lending firm for Micro, Small and Medium Enterprises has a 14% share as of December 2023. This percentage is expected to increase to 25% via a rights issue by 2024, as per MD & CEO of SIDBI S. Ramann.

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All you need to know about the Indian Banking Sector
Finance

All you need to know about the Indian Banking Sector

India's banking scene is quite a spectacle! Don't trust me? Let me prove my point using data. We have 12 public sector banks, 22 private counterparts, 46 foreign players, 56 regional rural banks, 1,485 urban cooperative banks, and 96,000 rural cooperative banks.  As of March 2023, the nation boasts a total of 14,74,548 ATMs, with a notable 2,796 added in just the first four months of FY23, showcasing a robust momentum in banking infrastructure expansion.

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EbixCash IPO: Worth applying?
Stock Market

EbixCash IPO: Worth applying?

With over 6,50,000 retail outlets across India, 10,431 dedicated employees and 196 offices in the Asia Pacific region, EbixCash has built a robust presence. Their extensive portfolio is easily accessible- be it digitally or through a wide network spanning 4,000 cities and 75,000 villages. 

Continue Reading about 4 months ago