Dar Credit and Capital IPO: The â‚ą26 crore SME initial public offer (IPO) of Dar Credit and Capital, which opened for subscription on May 21, closed today. Dar Credit and Capital IPO recorded blockbuster subscription numbers, with the issue garnering over 100 times bids at the end of the three-day bidding period amid strong retail…
The Reserve Bank of India (RBI) will pay as much as â‚ą2.69 lakh crore—the highest-ever surplus—as dividend to the central government for fiscal 2024-25 (FY25). The central bank announced the record dividend payment on Friday, May 23. This compares with â‚ą2.1 lakh crore transferred to the government in the financial year-ended March 2024. RBI’s FY25…
The Employees Provident Fund Organisation (EPFO) introduced several reforms in 2025 to simplify and digitise the process. Here are the five most significant changes made by EPFO this year. Digitisation of the joint declaration process EPFO has digitised the joint declaration process from 16 January 2025 onwards. By linking the Universal Account Number (UAN) to…
As wedding related expenses continue to rise in the country, many couples are actively exploring financial resolutions to manage costs efficiently. ICICI Bank provides for marriage loans, to help aspirational borrowers in helping them meet various wedding related expenses from venue booking to attire, catering etc. What is a marriage loan? A marriage loan is…
JP Morgan & Co. chief executive officer Jamie Dimon sounded a warning for the US economy, as he flagged stagflation risk amid multiple challenges like geopolitics, deficits and price pressures. Speaking at JPMorgan’s Global China Summit in Shanghai, Dimon rejected the idea that the US economy is currently in a “sweet spot.” Stagflation is an…
Axis Bank’s ACE Credit Card has garnered immense attention for its lucrative cashback offerings and other additional benefits. That is why for all aspirational credit card applicants understanding the online process of application along with the associated terms and conditions is extremely important. Here are several important aspects on how you can apply for this…
Stock Market Today: Mid Cap Specialty chemical stock gained more than 8% during the intraday trades on Friday post Q4 results and Dividend announcement on Thursday after the market hours. Should you Buy or Sell the stock? Clean Science and Technology Q4 Results The quarterly consolidated net profit reported by Mid Cap Specialty chemical stock…
In India, boosting your credit profile or enhancing your credit score during periods of unemployment is quite challenging but it is still achievable. A strong credit score is crucial for future financial opportunities, including but not limited to securing flexible personal loans and premium credit cards. Smart ways to improve your credit score during unemployment…
Kotak Securities is a stockbroking firm that provides training, research and investment services across derivatives, mutual funds, equities and more. You can obtain the dividend related details through the Gain & Loss Statement or Capital Gains report provided by the firm. Here is the step by step guide you can follow to obtain your dividend…
As the 8th Pay Commission is expected to be set up soon, employee unions are likely to concentrate on the fitment factor and related details for salary and pension adjustments. The 8th Pay Commission could be expected to take effect by January 1, 2026, according to reports. As per key stakeholders, the terms of reference…
