The Reserve Bank of India has announced the maturity date for the Sovereign Gold Bonds (SGB) 2017-18 series, offering investors final redemption at prices reflecting over 300% returns. This update marks a significant milestone for gold investors who participated in the scheme during that period. RBI announces maturity date for Sovereign Gold Bonds 2017-18 series;…
JPMorgan Chase CEO Jamie Dimon spoke out against fears that artificial intelligence will lead to widespread job losses, offering a nuanced perspective amid growing concerns. He also praised Nvidia as a key player in AI technology during a recent industry discussion. JPMorgan CEO Jamie Dimon addresses AI job fears, praising Nvidia and emphasizing AI as…
Lenskart’s initial public offering (IPO) has drawn significant investor attention, raising questions about the allotment status, grey market premium (GMP), and anticipated stock listing date. This article details how investors can check their allotment status, the current GMP trends, and when the shares are expected to debut on the stock exchanges. Explore how to check…
State Bank of India (SBI) announced plans to list its mutual fund arm through an initial public offering (IPO) to unlock value and expand its business reach. This strategic move is expected to bolster SBI’s footprint in the asset management sector and attract significant investor interest. SBI announces plan to list its mutual fund arm…
Groww’s initial public offering (IPO), managed by Billionbrains Garage Ventures, has been fully subscribed by the second day of its opening. The strong investor response underscores growing market confidence in Groww’s business model and growth prospects. Groww IPO fully subscribed on Day 2 with strong investor interest, backed by Billionbrains Garage Ventures. Explore details on…
The distinction between a nominee and a legal heir often causes confusion regarding asset claims after a person’s demise. This article explains their differences, legal implications, and who ultimately holds the right to claim assets in India. Understand the difference between nominee and legal heir in India and who has the rightful claim on assets…
India’s services sector experienced a slowdown in growth during October 2025, marking the softest expansion in five months according to HSBC’s Purchasing Managers’ Index (PMI). The moderation was attributed to heavy monsoon rains disrupting operations and increased competition across key service industries. India services sector growth slows in October 2025 due to heavy monsoon rains…
Finance Minister Nirmala Sitharaman emphasized the need for India to develop large, world-class banks in ongoing discussions with the Reserve Bank of India (RBI). The initiative focuses on expanding the scale and capacity of Indian banks to compete globally and support the country’s economic growth. Finance Minister Sitharaman urges the creation of large, world-class Indian…
The Finance Minister has called on banks across India to ensure their staff are proficient in the local languages of their operating regions. This initiative aims to improve customer accessibility and foster better communication within the banking sector. Finance Minister urges banks to ensure staff speak local languages to improve customer service and financial inclusion…
Life Insurance Corporation of India (LIC) reported a 31% year-on-year increase in profit for the second quarter, reaching Rs 10,098 crore. The insurer’s premium income grew 5.5%, supported by a rise in assets under management (AUM) and an improved solvency ratio. LIC Q2 profit rises 31% to Rs 10,098 crore, with premium income growing 5.5%,…
