Mortgage Rates Soar Towards 7%: Homebuyers Face Unprecedented Challenges
The housing market is experiencing further setbacks as mortgage rates soar closer to 7%, exacerbating the existing challenges faced by homebuyers. This surge in interest rates comes amidst expectations of…
Coal India OFS Witnesses Massive Oversubscription: Green Shoe Option to be Exercised
New Delhi: The government's offer-for-sale (OFS) of up to 3% stake in Coal India witnessed overwhelming response from non-retail investors, leading to an oversubscription of the non-retail portion. Investors have…
Breaking: India’s May GST Revenue Hits Record High with 12% YoY Surge; Check Details
New Delhi: The Ministry of Finance revealed that India's gross GST revenue collection for the month of May amounted to Rs 1,57,090 crore, showcasing a substantial 12% year-on-year increase. This…
Record-Breaking Milestone: UPI Surpasses 941 Crore Transactions Worth Rs 14.3 Lakh Crores in May 2023!
UPI Achieves Record-Breaking Performance in May 2023: 941 Crore Transactions Worth Over Rs 14.3 Lakh Crores In a remarkable feat, India's indigenous Unified Payment Interface (UPI) system reached unprecedented heights…
Debt Ceiling Vote and Fed Hike Fears Black Wall Street: What Investors Need to Know
As the crucial debt ceiling vote looms, U.S. stock indexes suffer a downturn, while robust labor market data intensifies expectations of an impending Federal Reserve interest rate hike. Lawmakers in…
Markets Brace for Debt Ceiling Vote: Global Equities Plummet as US Yields Tumble
Global equities and U.S. Treasury yields experienced a decline on Wednesday due to prevailing risk-off sentiment in the market. Investor attention was focused on an imminent vote in Congress regarding…
India’s Astonishing Transformation: Morgan Stanley Groundbreaking Report Reveals Jaw-Dropping Changes!
According to a recent report by Morgan Stanley, India, under the leadership of Prime Minister Narendra Modi, has undergone a significant transformation, positioning itself in the global order and emerging…
Breaking: India’s GDP Skyrockets to 7.2% in FY23, Stunning Growth Figures Revealed
India's GDP experienced a notable increase in the January-March 2023 quarter, reaching a growth rate of 6.1% compared to 4.4% in the previous quarter. This positive development has contributed to…
Nvidia’s Trillion-Dollar Milestone: The First Chip Stock to Reach $1 Trillion
Nvidia (NVDA) has achieved a significant milestone by becoming the first chip company and the seventh U.S. firm to join the elite trillion-dollar club. With a market value of around…
Wall Street Memes: The Fastest Growing Cryptocurrency Raises $1 Million in Viral Meme Token ICO
The world of meme coins is witnessing a fervent surge in demand for high-growth tokens, particularly those capable of achieving extraordinary price surges. With Dogecoin and Shiba Inu's lackluster performance,…
RBI’s Gold Holdings Surge Over 17% to ₹2,30,734 Crore: Insights from the Annual Report
The Reserve Bank of India (RBI) has witnessed a remarkable surge in its gold holdings, according to its annual report for the financial year (FY23). Despite a 24% drop in…
Exemption from TCS for International Debit and Credit Card Spending up to ₹7 Lakh Annually
The Indian government has addressed the concerns surrounding the 20% Tax Collected at Source (TCS) on overseas credit card spending. In a recent announcement, it stated that individuals will not…
