Business – Page 344 – Dnyan pravah news

5 investing mantras by Chuck Akre that elevated him to the league of Buffett and Munger

adminJuly 29, 202407 mins

Celebrated for his value-oriented investment philosophy and unwavering long-term perspective, Chuck Akre is an American financier, businessman, and investor who has consistently produced impressive results. Akre advocates for investing in companies with enduring competitive advantages, robust balance sheets, and steady earnings growth. His widely emulated investing principles include: Avoid becoming fixated on the market’s direction…

Planning for your child’s retirement? Discover how the NPS Vatsalya scheme can help

adminJuly 29, 202404 mins

In this year’s Union Budget 2024, Finance Minister Nirmala Sitharaman introduced a new initiative – the NPS Vatsalya scheme. This scheme is designed to support long-term savings for minors. The scheme is a noteworthy government initiative aimed at fostering long-term savings for children. It enables parents and guardians to invest on behalf of minors, encouraging…

HDFC Bank revises credit card rules from August 1, 3rd party app transactions, late fees, rewards to cost…

adminJuly 29, 202404 mins

India’s biggest private sector bank, HDFC Bank, has brought in new terms and conditions for credit card holders. The new rules will take effect from August 1, 2024. Here are the updated terms and conditions for HDFC Bank‘s credit card holders: Charge on rental transactions using third-party payment apps 1 per cent fee on transaction…

Stocks to buy or sell: GHCL Textiles to CSL Finance — Sumeet Bagadia recommends five breakout shares to buy today

adminJuly 29, 202403 mins

Stocks to buy or sell: The Indian stock market, buoyed by strong global market sentiments, broke a five-day losing streak on Friday. The Nifty 50 index soared to a new peak of 24,861, finishing 428 points higher. The BSE Sensex also saw a significant surge, skyrocketing 1,292 points to close at 81,332. The Bank Nifty…

Ola Electric IPO price band set at ₹72-76 per share; issue to open on August 2

adminJuly 29, 202403 mins

Ola Electric IPO: SoftBank-backed Indian e-scooter maker Ola Electric will offer shares in the price band of 72-76 rupees ($0.86-$0.91) in its stock market offering which will open this week and be one of India’s biggest IPOs this year, a newspaper ad showed on Monday. Ola Electric’s roughly $740 million IPO will be the first…

Stock market update: List of market holidays for August 2024

adminJuly 28, 202403 mins

The Indian stock markets will be closed for a total of 10 days including weekends in August 2024. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for the entirety of the 10 days in the month of August. Here is a list of holidays for August, investors and traders…

Health ministry reports 350 violations of e-cigarette ban, black market thrives

adminJuly 28, 202405 mins

The Union Health and Family Ministry’s tobacco cell has reported 350 vape-related violations since 2022. This data highlights a small part of a larger issue, despite the ban on e-cigarettes and vapes in India under the Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage, and Advertisement) Act, 2019. Electronic nicotine delivery…

Wall Street week ahead: Spotlight on Fed rate decision, jobs data, earnings from Apple, Meta Platforms, Amazon

adminJuly 28, 202404 mins

Next week, the focus of Wall Street investors will be on the US Federal Reserve’s monetary policy decision and Chair Jerome Powell’s press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the ‘Magnificent 7’ — Microsoft, Meta Platforms, Apple, and Amazon — will…

RBI penalizes Ola Financial, Visa, Manappuram Finance for non-compliance with rules

adminJuly 28, 202404 mins

The Reserve Bank of India (RBI) imposed fines on payment system operators Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance. The central bank imposed a penalty of ₹2.4 crore on Visa Worldwide Pte Limited, ₹41.5 lakh on Manappuram Finance Limited and ₹87.55 lakh fine on Ola Financial Services in two…

IPOs next week: Ola Electric and Akums Drug to hit Dalal Street this week; two listings expected, check full list here

adminJuly 28, 202407 mins

Indian stock market after the Union Budget 2024 announcement is set to witness the launch of two new initial public offerings (IPOs) and the listing of two companies in the coming week. Dalal Street is expected to witness the issue of the two pharmaceutical sector IPOs, one EV maker IPO, and one SME IT company…