The government-backed Senior Citizen Savings Scheme (SCSS) offers an interest rate of 8.2%. This article discusses the eligibility criteria, interest rate, and recent changes to the scheme, including more time to invest retirement benefits, investment by the spouse of a government employee, scope of retirement benefits, deduction on premature withdrawal, unlimited extension of SCSS, and interest on the extension of scheme deposit.
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Expert Siddhartha Khemka reveals why he believes that Sunteck Realty and Hero Moto are good investment opportunities.
The Indian government has announced that investments worth Rs. 25,813 crore have been made and 56,171 new jobs have been added under the production-linked incentive (PLI) scheme for pharmaceuticals. The scheme aims to enhance India’s manufacturing capabilities in the pharmaceutical sector and promote the production of high-value goods. Additionally, the Pradhan Mantri Bhartiya Janaushadhi Pariyojana has successfully achieved its target of opening 10,000 retail outlets to provide affordable generic medicines to the poor and underprivileged.
Secondary rounds of investment are expected to take center stage in deal flow at startups in the year 2024. This article examines the trends and factors that may contribute to this shift.
A New York University student is making headlines for owning and operating a crypto mining operation worth $6 million. This ambitious young entrepreneur has turned his dorm room into a flourishing business, mining cryptocurrencies like Bitcoin and Ethereum. Learn more about his journey into the world of crypto mining and how he’s successfully managing his growing operation.
A survey reveals that a significant number of CEOs in India are prioritizing investments in generative AI to maintain a competitive edge. To fund these AI-related initiatives, the majority of CEOs are either raising new capital or reallocating funds from other projects or technology budgets. However, CEOs express concerns about the rapid progress of generative AI and the regulatory environment impacting their capital allocation decisions.
Stay updated with the latest live updates and analysis on the Eicher Motors stock. Get information on the current stock price, market capitalization, volume, price-to-earnings ratio, and earnings per share. Dive into the details of Eicher Motors through fundamental and technical indicators. Stay informed about breaking news that can impact the stock’s performance. Explore the potential of Eicher Motors in the market landscape.
Vivo Mobile India, the Chinese-owned smartphone brand, has reported a net profit of ₹211 crore for FY23, bouncing back from a net loss of ₹123 crore in FY22. The company attributes its profit to improved inventory management, increased local production, and a leaner inventory. Vivo Mobile is currently under investigation for alleged breaches of local financial laws and violations of the Prevention of Money Laundering Act.
Investment experts suggest investors not to miss the opportunity in the market. They recommend buying two largecap stocks on dips to maximize profits.
India’s stock market value reached more than $4 trillion, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong. The market capitalization of Indian companies has risen by $1 trillion in less than three years, making it one of the best performers in the region and the emerging world. Foreign and domestic investors have been pouring billions into the Indian stock market. However, some experts caution about the risks and high valuations of Indian shares.
