Gautam Adani Earnings: Adani’s Wealth Soars Post-Hindenburg Report Gautam Adani Earnings: After the Hindenburg Research report, Gautam Adani’s wealth, which had fallen significantly, rebounded at a remarkable pace as conditions improved. Gautam Adani Net Worth: Gautam Adani, the Chairman of the Adani Group, turned 62 on Monday, June 24, 2024. The past year has been … Read more
Gold Reserves: According to the World Gold Council report, 81% of central banks have announced plans to continuously increase their gold reserves. Gold Price: Gold prices are making it difficult for the common man, with the likelihood of further increases in the coming days. The reason for this is that central banks worldwide are scrambling … Read more
IRDAI’s Directive on ULIP Advertisements: The Insurance Regulatory and Development Authority of India (IRDAI) has issued a master circular on June 19, mandating that insurance companies cease advertising Unit Linked Insurance Plans (ULIPs) as investment products. This directive emphasizes that ULIPs, which are linked to the stock market, cannot guarantee fixed returns. IRDAI’s circular explicitly … Read more
Budget 2024-25: Telangana imposes the highest VAT on petrol at 35%, followed by Andhra Pradesh at 31%. Fuel Taxes: Taxes on Petrol and Diesel: In Modi 3.0 government, Hardeep Singh Puri has once again been given the responsibility of the Central Petroleum Department. This has led to speculation about bringing petroleum products under the GST … Read more
World’s Biggest Company: Due to the strong global demand for artificial intelligence, Nvidia shares have been surging at an extraordinary pace over the past few months. Most Valuable Company In The World: The American chip manufacturing company Nvidia has made history with a historic rally in its shares over the past few months. Nvidia’s shares … Read more
IRDAI’s New Directives Aim to Improve Life Insurance Policy Benefits In an effort to make life insurance policies more accessible to policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) has implemented several changes to the regulations. The IRDAI has issued new directives requiring insurance companies to offer mandatory loans on life insurance savings … Read more
Sunil Shetty Unveils Nexgen Energia’s Electric Scooter: A Game Changer for Urban Mobility Nexgen Energia, an e-mobility company based in Noida, launched an affordable electric scooter on Thursday, with prices starting at INR 36,990. The scooter was unveiled by businessman-actor Sunil Shetty on Wednesday, targeting primarily the middle-class population in India. Nexgen Energia’s experts emphasize … Read more
Key Changes: Ensure Minimum Deposits in Savings Schemes Are You Making a Deposit? Penalty if Not Deposited by March 31! For the current financial year 2023-24, you have the option to choose a new tax regime for paying your taxes. If you opt for the new tax regime, while also having paid taxes under the … Read more
Microsoft Gets Green Light for Epic Takeover of Activision Blizzard Unexpectedly, a federal judge has approved Microsoft’s massive $69 billion acquisition of the well-known video game business Activision Blizzard. The judge agreed that the combination needed to be carefully examined because of its possibly historic scope for the tech sector. She came to the conclusion … Read more
Pine-Sol products are recalled by Clorox due to potential germs As a precaution against bacteria, including pseudomonas aeruginosa, Clorox is recalling 37 million Pine-Sol products, the firm announced on Tuesday. Why it matters: According to Clorox’s recall notice, exposed individuals who have compromised immune systems or external medical devices “stand a risk of serious infection … Read more
