IREDA IPO Listing: The shares of the Mini Ratna company IREDA made a strong entry into the market today. This IPO received a robust response from investors and was oversubscribed by more than 38 times overall. The shares were issued at a price of Rs 32 under this IPO. Today,…
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SoFi Halts Crypto Services: Important Information for Customers.SoFi is a platform where users can purchase and sell digital assets such as Bitcoin, Ethereum, and Litecoin. SoFi Technologies (SOFI) plans to close its cryptocurrency services by December 19. Existing account holders can either transfer to the Blockchain.com platform or opt for…
First Gold Bond Set to Mature on November 30. Investors who purchased the Sovereign Gold Bond (SGB) offline are set to receive higher returns from the redemption of these bonds compared to those who bought them online. Those who bought the SGB offline will get a discount of INR 50…
Foxconn will invest 1.5 Billion Dollars in India. The company Foxconn, known for assembling Apple iPhones, is set to make a substantial investment in India. The recent announcement reveals that they will invest $1.5 billion in a construction project aimed at fulfilling the operational needs of Apple’s suppliers. Earlier, Foxconn’s…
A life insurance policy is a contract between an individual (policyholder) and an insurance provider (insurer) where the insurance company provides financial protection (financial protection) to the policyholder in exchange for a premium. Based on this arrangement, in the event of the policyholder’s death or, if the policy matures (reaches…
Credit Card users between October and November, India experienced several major festivals, such as Navratri and Diwali. During this festive season, people enthusiastically made purchases of new items. Due to a significant boost in Point of Sale (POS) and e-commerce payments, credit card spending among Indians reached a new record…
Midcap and small-cap funds have recently become favourites among mutual fund investors in India. According to the Association of Mutual Funds in India (AMFI) data, after April 2022, Rs 33,486 crore and Rs 48,650 crore have been invested in midcap and small-cap funds, respectively. Meanwhile, only Rs 3,398 crore was…
In today’s digital era, where there is minimal need to step out for various tasks, if you ever find yourself suddenly in need of funds and require a loan, you can swiftly avail one using your phone. Discover the best loan apps in India that provide instant personal loans up…
This is a contract where insurance companies cover your medical expenses in case you fall ill, providing reimbursement to the hospital. Under this, they also reimburse expenses related to hospitalisation, treatment, surgery, organ transplant, and other associated costs. To avail of this coverage, you need to pay the premium on…
Binance, the world’s largest cryptocurrency exchange, has been criminally charged for breaking sanctions and money-transmitting laws. The company has agreed to a $4.3 billion settlement, which is one of the largest penalties obtained by the U.S. from a corporate defendant. Changpeng “CZ” Zhao, the founder, pleaded guilty to personal charges,…