Recently another cryptocurrency Dogecoin is making headlines and is a subject of discussion these days. DogeCoin has been in the spotlight for the past few days and its price has reached record levels. Since the world’s richest man and founder and CEO of electric car company Tesla (Elon Musk) have tweeted about it, it has become popular. It is believed that more than 128 billion Dogecoin is in circulation worldwide and is being called just a beginning in the digital world of cryptocurrency. Dogecoin is a digital currency full of security that you cannot touch, but using the Internet, you…
Author: Harsh Verma
Share means part. The market is the place where you can buy and sell. In a literal sense, the stock market is a place to buy and sell a stake in a government or private listed company. The company in which an investor buys shares becomes a shareholder in that company. This stake depends on the number of shares purchased. Brokers do the work of buying and selling shares and are the most important link between the company and the shareholders. There are two exchanges: BSE ie the Bombay Stock Exchange and NSE ie National Stock Exchange in the country…
India’s richest man Mukesh Ambani is building one of the largest zoos in the world. The zoo is being built by Ambani in his home state of Gujarat, where his group operates the largest oil refining complex. According to Parimal Nathwani, Corporate Affairs Director at Reliance, it is expected that the zoo will open in 2023 and it will also include a rescue center to help the endangered species and local government. Mukesh Ambani’s wife Nita Ambani has also joined the board of the New York Metropolitan Museum of Art in 2019. The Detailed Project Report (DPR) of the Greens…
You must have seen the advertisements for mutual funds on TV. But what exactly are they? Mutual funds raise money from companies’ investors and they invest this money in shares. It also takes charge from its curves and for those who do not know much about investing in the stock market, mutual funds are a good investment option. How to invest in mutual funds? One can invest directly from the websites of any public, private bank, or a firm of a mutual fund. If you want, one can also use the service of a mutual fund adviser who will plan…
People are mostly worried and often remain engaged in doing tax planning so that they can avail maximum tax exemption and pay less tax. Here are Six such schemes wherein one can invest and take advantage of a tax rebate with maximum return. Home Loan Under Section 80EEA, an additional tax exemption of Rs 1.5 lakh can be taken on the interest of the home loan. However, its first condition is that the stamp value of the house should not exceed Rs 45 lakh, and The home loan is taken one year before the month in which you are paying…
Amazon founder Jeff Bezos has once again become the world’s richest person. Jeff Bezos achieved this position by overtaking Tesla and SpaceX Chief Executive Officer (CEO) Elon Musk. In fact, Tesla Inc’s shares declined significantly, due to which the assets of Elon Musk were affected. Talking about Mukesh Ambani, India’s richest person and owner of Reliance Industries, his wealth and position have dropped out of the top 10 rich list. Tesla shares declined 2.4 percent, after which it closed at $ 796.22. Elon Musk’s assets declined by $ 4.58 billion due to the fall in shares. At present, Elon Musk’s…
Bitcoin and many other cryptocurrencies may be banned in India. A new bill will be introduced in the budget session in the upcoming days and with this, the Digital Currency Bill 2021 is even ready. Under this rule, trading of any kind of cryptocurrency will be banned including Mining and transfer of crypto. The government of India will bring its digital currency which will come through RBI. The people who have already invested in crypto will get an opportunity to withdraw from the investment in around 3-6 months. Investors may have to pay a penalty as keeping cryptocurrency would be…
The Tata Group is buying a 68 percent stake in Big Basket, which sells online grocery stores, for about Rs 9,500 crore. The group is making this acquisition as part of an effort to expand into the fast-growing e-business segment in India. This news has come at a time when Reliance Retail is expanding its business in the Indian market. Under this, more than 24 thousand crore rupees have also been signed between Future Group-Reliance Industries. This deal will be officially announced soon. Recently, in view of the growing business of the Grocery sector, the Tata group has taken this…
Tesla American electric car maker will set up its first manufacturing unit in Bengaluru, the capital of Karnataka. Karnataka Chief Minister BS Yeddyurappa gave this information about Tesla, counting the benefits received from the Union Budget to the state. Tesla’s arrival in India was first reported by Union Minister for Road Transport and Highways, Nitin Gadkari. In December, Gadkari said that Tesla would begin its operations in India early next year. He had said that India has the potential to become the world’s largest electric vehicle producer in the next five years. Tesla is entering India at a time when…
Chinese company Byte Dance is set to sell its business in India after a permanent ban on short video sharing app TikTok. Byte dance Ltd is in talks with rival Glance to sell TikTok India’s Indian operations. ByteDance is trying to save the short video sharing app because it is currently banned indefinitely in India. Japan’s Softbank Group Corporation Conglomerate has started negotiations for the assets of Tiktok India. Mobile content provider company is InMobi’s parent company is Glance. Negotiations between the two companies are underway for this deal. For this, Japan’s technology company SoftBank has started talks with Byte…