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In a rather surprising move, the RBI has chosen to cancel the mega bond issue that the government was planning on 11th February. The plan was to issue bonds worth Rs.22,000 crore on 11-Feb, but the government summarily announced the cancellation of t
If the latest move by the RBI is through, we could see a surge in credit card issuances in India. For a debt averse culture like India, the number of credit cards have lagged the number of debit cards but a huge margin. This is in contrast to the tre
Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volum
In the light of persistent demands from the Union Civil Aviation Ministry, the Finance Minister has confirmed that the issue of ATF inclusion under the ambit of GST would be taken up for discussion in the forthcoming GST Council meeting. This has bee
The Union Budget 2022 almost clarified that the BPCL disinvestment would not happen in the fiscal year FY22. The fiscal year FY22 will be an important year as it saw 3 long standing privatizations demand completed. BPCL was supposed to be the most hi
In a significant shift, the government has decided to put off the announcement of the Monetary Policy for the month of February 2022 by a day. Now the MPC meet will start on 08-Feb instead of 07-Feb and the 3-day meeting will not conclude on 10-Feb.
Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Su
The shift to electrical vehicles is inexorable. Despite India being the fifth largest auto market in the world by volumes, the share of electrical vehicles is still too small. Other countries have already made rapid strides in electrical vehicles. Fo
Just a week ahead of filing for its mega IPO, LIC has announced a tie-up with India’s largest online digital insurance selling portal for marketing products of LIC through the Policybazaar channel. Policybazaar is a digital interface of PB Fintech,
A day after the Union Budget 2022, global rating agency (Fitch Ratings) expressed its disappointment with the higher borrowings level and the lower-than-expected cut in fiscal deficit. In fact, Fitch had gone to the extent of saying that the debt tra
With Tata Motors already into Electrical Vehicles in a substantial way and having aggressive expansion plans, M&M is also not too far behind. In fact, M&M plans to launch as many as 16 EV models by the year 2027 and this will be across the SU
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