Browsing: financial

[ad_1] India has made remarkable progress in its quest for a sustainable future, showcasing significant advancements in the field of green buildings. The country has emerged as a global leader in incorporating sustainable and eco-friendly practices into the real estate sector, demonstrating a strong commitment to energy-efficiency and environmentally-conscious materials. The green building revolution in India has been further bolstered by proactive government policies and initiatives. The Ministry of Environment, Forest and Climate Change has introduced a range of regulations, incentives, and grants to promote sustainable practices in the real estate sector. These measures include tax benefits, streamlined approvals, and…

[ad_1] Reliance Industries’ subsidiary Jio Financial Services will enter three FTSE Russell indices: FTSE All-World Comprehensive Factor Index, FTSE Emerging Comprehensive Factor Index and FTSE All-World ex CW Balanced Factor Index. The demerged entity will be included in the indices 20 July onwards. However, Jio Financial Services will remain at a static price on FTSE indices, since the date of listing on exchanges has not been announced yet, following its demerger from Reliance Industries. “[Jio Financial Services] will remain in the index at a static estimated price until its trading commences on the exchange. If the trading day remains unknown…

[ad_1] Buying a piece of property can be a hassle at times especially when you are not aware of all the nuances you must know before striking a deal. Though there are many things to keep in mind while buying any property, one of the key things to check is the property ownership type. It could be freehold or leasehold. Freehold ownership gives you full freedom to use your property the way you like it. There will be no restrictions with regard to buying and selling, and you don’t need any permission from the government authority to sell your property.…

[ad_1] A penny saved is a penny earned. How many of us believe in this? We often tend to forget that our savings are our earnings and we can maximise this money to achieve our critical goals. These days when overspending has become a prevalent issue that can wreak havoc on our financial well-being, it is crucial to adopt responsible spending habits to ensure a secure financial future. Let’s look at some of the key factors to avoid overspending and regain control over your finances. Create a Budget Assess your income and track your expenses, categorising them into essential and…

[ad_1] Saving money is important for financial security and freedom, but the key thing is to know the purpose of your saving and how do you want to cater to your goals. It is not advisable to focus on just one thing or goal. You must look at your life span and break your investments to ensure you have sufficient funds for every phase of your life. Let us focus on short-term savings and understand how we can do it. Having a solid financial plan that includes short-term savings is critical. Whether you’re saving for a dream vacation, a down…

[ad_1] In our fast-paced world, where instant gratification is the norm, it’s becoming increasingly challenging to balance our short-term and long-term financial goals. We’re bombarded with messages that promise quick fixes and immediate satisfaction, which often take priority over the more arduous, long-term financial planning that’s essential for financial security and stability. While it’s easy to indulge in immediate gratification and prioritize short-term goals, it’s important to understand that the real key to financial well-being lies in finding a balance between both. This balance requires consistent effort and planning, and it’s not always easy. We all have pressing needs and…

[ad_1] We recently had a meeting with the senior management of Mahanagar Gas (MGL) last week, to gain insights into their recent developments and future prospects. Here are the key takeaways: MGL implemented a significant reduction of Rs 8/kg in CNG prices at the beginning of Q1FY24. However, during Q1, the volumes remained steady in the range of 3.45-3.65mmscmd. This could be attributed to the summer vacations, which affected bus volumes. Nevertheless, we expect Q2 to demonstrate stronger momentum, driven by the reopening of schools, the arrival of monsoons (leading to increased time spent on the road), and the higher…

[ad_1] VK Sharma Markets closed the week, month and the quarter with a flourish with the Nifty closing at an all-time closing high of 19,189. It gained 2.80% for the week, 3.53% for the month and 10.54% for the quarter. The tally of stocks above their 200 DMA amongst the NSE 500 has surged from 67% a fortnight ago to 76%  as on June 30.  So where do we go from here? The previous all-time high was 18,887, which also happened to be the 50% Fibonacci swing extension. The next likely resistance could come from the Golden ratio, which is…

[ad_1] By Arun Poddar Transparency is a fundamental element for the ease of operations of financial markets as it empowers investors to make well-informed choices. However, recent complexities in the financial landscape have highlighted the necessity for more robust disclosure requirements to ensure heightened transparency. To address this, the Securities and Exchange Board of India (SEBI) has introduced amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations of 2015. These amendments aim to strengthen shareholder engagement in decisions that adversely affect their interests while enhancing disclosure and approval mechanisms for agreements impacting the management and control of listed entities.…

[ad_1] Credit products such as loans or credit cards typically are a part of most people’s lives. Most importantly, these products are the vehicles that help us overcome funding hurdles, allowing us to realise life goals, and thus, lead a richer, more fulfilled life. But, access to loans and credit cards is determined by your credit score. A high credit score can help fetch you lower rates and faster approvals on credit applications, while a low credit score can hamper your prospects of accessing credit. Maintaining a healthy credit score is not difficult but does require effort. In the spirit…