RBI’s Latest Repo Rate Cut and Its Implications On February 7, 2025, the Reserve Bank of India (RBI) announced a 25 basis points (bps) reduction in the repo rate, bringing it down from 6.5% to 6.25%. This marks the first rate cut in nearly five years, a move aimed at stimulating economic growth amid easing ...
In the world of investing, the concept of compounding is considered to be one of the most powerful tools for potentially growing wealth over time. However, not many investors may realise the significance of the frequency of compounding on growth. Compounding cycles can be annual, semi-annual, quarterly, monthly or daily. Of these, daily compounding can ...
Whether you’re just starting your first job or opening your first bank account, you’ve likely been asked to submit a PAN Card. The PAN mechanism follows a computerised allotment system where a unique 10-digit alphanumeric identification number is assigned to every taxpayer in the country. Your PAN Card is not just important but mandatory for ...
People require health insurance as a basic requirement since medical expenses keep growing and health crises become more frequent. People encounter large-scale policy options when trying to choose their insurance coverage. The insurtech firm Fincover delivers straightforward digital service through which people from every demographic group can discover the best health insurance policy that matches ...
Regular exercise helps improve physical fitness and enhances overall well-being. With more people leading sedentary lifestyles, the importance of incorporating regular physical activity into daily routines cannot be overstated. It plays a vital role in reducing the risk of conditions such as diabetes, heart disease, and hypertension. It is about weight management as much as ...
Gold prices have recently experienced notable fluctuations, particularly as investors liquidate positions amidst an equities sell-off. Understanding these changes is crucial for traders aiming to make informed decisions in the dynamic financial landscape. The gold market’s behavior is intricately linked to various economic factors, offering both opportunities and challenges for investors. In today’s fast-paced financial ...
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In the rapidly changing environment of online gambling, players are always looking for the highest-paying slots. One aspect to consider is Return to Player (RTP) %, which gives an idea of how much a slot game pays back to players. A higher RTP would naturally mean better odds for a player. As we step into ...
Several Indian state-owned companies, including REC, IIFCL, HUDCO, and SIDBI, are preparing to raise nearly $2 billion through bond sales early next week. This initiative follows the Reserve Bank of India’s recent interest rate cut, the first in nearly five years, aimed at stimulating the economy. Despite the rate reduction, bond yields have risen as ...
Britannia Industries, known for popular biscuits like ‘Jim Jam’ and ‘NutriChoice’, reported a 5% increase in net profit for the quarter ending December 31, 2024, reaching ₹5.82 billion. This growth exceeded analysts’ expectations of ₹5.21 billion. The company’s revenue grew by 8% to ₹45.93 billion, which helped offset higher costs for key ingredients like palm ...
