Mukesh Ambani, the Chairman of Reliance Industries Limited (RIL), has recently announced a major bonus issue and ambitious plans that could significantly benefit retail investors. Here’s a breakdown of the key highlights: 1. Bonus Share Issue Announcement: RIL will...
Definition of Compounding At its core, compounding refers to the process of earning returns on an initial investment, as well as on the returns that accumulate over time. This principle applies to both financial investments and non-financial contexts like personal...
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5% during its latest Monetary Policy Committee (MPC) meeting. This decision marks the fourth consecutive instance of maintaining the current rate. For Home Loan Borrowers: The stable repo...
The RBI has introduced the Sovereign Gold Bond (SGB) Scheme Series III for the fiscal year 2023-2024, available for subscription from December 18 to December 22, 2023, with a settlement date of December 28, 2023. The issue price per gram during the subscription period...
Share of Tata technologies were trading at a premium of rs.414 in grey market today, compared to its issue price of rs.500 a share. The statement suggest that the premium (higher price) observed in the unlisted market implies a potential increase of over 80% when the...
Recently RBI has announced Sovereign Gold Bond (SGB) and subscription opened on 19yh June 2023 with issue price of 5,926 per gram of gold. In this In this article, we have provided some of the features about the SGB’s. A discount of ₹50 per gram from the issue price...
Indian government is in consultation with RBI and decided to launch the sovereign gold bond series IX by Monday official said by Reserve Bank of India (RBI). Issue price Rs. 4786/gram, discount Rs.50/gram, issue opens on 10/01/2022 - 14/01/2022, Tenure for 8 years,...
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