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IndiaTV Business: Google News Feed: Digest for January 08, 2023

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

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Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".
Top IPOs: The Securities and Exchange Board of India (SEBI) has received a large number of Draft Red Herring Prospectus (DRHP) filings from various organisations. Given the favourable environment for public issues, businesses that have already filed their maiden prospectuses are most likely to start accepting public registration in January. Many Initial Public Offerings (IPOs) are expected to be rolled in the month of January.

IRB Infra approves 10:1 stock split

Thursday 05 January 2023 04:25 AM UTC+00
IRB Infrastructure Developers Limited has announced to split its stocks. As per a regulatory filing by the company, shares will be split in the ratio of 10:1. It means that one stock with a face value of Rs 10 will now get divided into 10 shares with a face value of Rs 1 each.
Amazon layoff news: Amazon today (January 5) said it will lay off over 18,000 employees from its workforce citing economic uncertainty.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Significant investment in real estate and acquiring possessions is thought to be the best investment option due to the assured, dependable, and unquestionable earnings and better yields. It provides long-term safeguards and the stand to gain of consistent cash inflows via rental properties since it is a tangible asset. The value of property invariably goes up over time, and rental rates rise as well, actually creating more income stream. The longer you retain one's estate, the more revenue you'll earn when it comes time to sell it. and with a solid investment, you could indeed earn a great deal of money.
In Indian middle class and lower income households, the go-to option for money is savings. Any and every extra penny goes into savings. This method has been around for decades, but there is a flaw in it and that it - stagnancy. 

Can rent rates really cover 100% of my EMIs? Explained

Thursday 05 January 2023 07:02 AM UTC+00
The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.
Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella, on Thursday, met Prime Minister Narendra Modi and said it was inspiring to see India's emphasis on digital transformation-led sustainable and inclusive economic growth. He also hailed PM Modi for an insightful meeting. 
Delhi power demand: The prevailing cold conditions pushed Delhi's peak power demand to a record high of 5,247 MW on Thursday (January 6), more than the peaks during winters in the past two years, said officials.
During a road show in Mumbai on Thursday, Uttar Pradesh Chief Minister Yogi Adityanath invited entrepreneurs and industrialists to visit his state during the 'UP Global Investors Summit'. 
Goldman Sachs, in a report pitting Gold against Bitcoin, stated that Gold is less likely to be affected by tighter financial conditions, which makes it a "useful portfolio diversifier".

Fixed deposit rates of banks touch 8 per cent after 3 years

Saturday 07 January 2023 05:53 AM UTC+00
For the first time in the past three years, senior citizens are seeing returns of 8 percent and more on fixed deposits. Many are hence rushing to their banks to review existing FDs.
India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per cent gross domestic product (GDP) growth in 2021-22.
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
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