The decline in Mukesh Ambani’s personal wealth is attributed to the poor performance of his company’s retail and energy divisions. When his son Anant got married in July 2024, his wealth was more than 120.8 billion dollars i.e. 10 lakh crore rupees, which has now reduced to 96.7 billion dollars …
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BSE SME IPO index hits new record high of 1,16,218
Major indices of the Indian stock market closed with losses today following selling in leading metal and IT stocks amid slowdown in Asian markets. Unlike large cap stocks, mid cap and small cap stocks gained momentum and the SME IPO index hit a new record high today. Ahead of the …
Read More »Government launches Rs 1,000 crore credit guarantee scheme to increase farmers’ income
Many schemes are being run by the Central Government to increase the income of farmers and improve their economic condition. In this direction, the Central Government has launched a credit guarantee scheme of Rs 1,000 crore on 16 December 2024. The objective of this scheme is to provide easy and …
Read More »Tremendous response from investors, subscribed 169.17 times on last day
Yash Highvoltage IPO subscription status: Yash High Voltage IPO received tremendous support from investors. The issue was subscribed 169.17 times by the last day of subscription on 16 December 2024. According to data available on BSE, investors bid for a total of 91.16 crore equity shares through 4.01 lakh applications, …
Read More »Where is Elon Musk getting so much money from? Net worth will soon cross $500 billion
Elon Musk Net Worth: Recently, there has been a tremendous jump in the wealth of Elon Musk and his total net worth has crossed 400 billion dollars, creating a new record. Now Elon Musk is once again very close to making a mega record. Elon Musk’s wealth may soon increase …
Read More »Sale of cheap 5G smartphone with 5000mAh battery and best camera starts from today
New Delhi: ( Moto G35 5G Sale) Smartphone manufacturer Motorola has recently launched a new affordable 5G phone for Indian users. The latest phone has support for 12 5G bands. A 5,000 mAh battery is provided for power. Also, a 50MP camera setup is provided on the rear panel. Its …
Read More »Rupee reaches new low of Rs 84.88 against dollar
Mumbai: Today, the rupee reached a new low due to the rise in the dollar against the rupee in the Mumbai currency market, while the dollar reached a new high. The impact of the fall in the stock market was seen on the rupee in the currency market. After opening …
Read More »The funds raised through QIP will peak in 2024. crossed 1 lakh crore
New Delhi: Fund raising through Qualified Institutional Placements (QIP) reached an all-time high for the first time in a calendar year in 2024. 1 lakh crore figure, which was reflected by strong stock market conditions and high valuations. According to data compiled by Prime Database, Indian companies raised Rs. 500 …
Read More »A record transaction of Rs 223 lakh crore was done through UPI payment in 11 months.
Ahmedabad: The trend of digital payment is continuously increasing in the country. Unified Payments Interface (UPI) has laid an important foundation in the architecture of Digital India. The UPI system reinforced this trend by setting a new record in 2024. According to data released by the Finance Ministry, a total …
Read More »These three reasons are responsible
Sensex and Nifty Update: The stock market has been declining for the last few days. Sensex and Nifty also saw a slight decline today. But most of the stocks in small cap and midcap indices are rising. Due to the pressure in the big stocks, the decline has increased, which …
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