Market capitalization (market cap) means the total market value of a company’s outstanding shares. It shows the size of a company and its aggregate value. It is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share. For example, If a company has 1,000 shares, each […]
New Delhi: Regulator IRDAI has advised general and health insurers to have agreements with health providers on rates for treatment of COVID-19 on the lines of other diseases. In a circular, the regulator said in case of ‘cashless claims’ under a health insurance policy, the claims should be settled as per the tariff decided by […]
Credit score is a report card of your financial behaviour. How have you been with the repayment of your credits like loan and credit card dues? Did you skip any payment? Was there a delay in any your EMI payment? On the basis of these information, a conusmer’s monthly credit report is generated which includes […]
Ace stock picker Rakesh Jhunjhunwala picked more than 32 lakh shares of Tata Communications in the third quarter of 2020-21. Shares of the company have climbed 486% to Rs 1,168.80 on January 12 from its 52-week low of Rs 205.70, scaled in March 2020. With a net worth of Rs 15,901 crore, Jhunjhunwala is the […]
Rating agency ICRA sees a record double-digit expansion of 10.1 per cent in India’s gross domestic product (GDP) in the financial year 2022. However, it cautioned that the value of GDP will mildly surpass the level that had been recorded in the financial year 2020. It also expects a multi-speed recovery in the next financial […]
Indian equity market will continue to stay strong in 2021 with the likely recovery in the economy and earnings. The benchmark equity indices BSE Sensex and NSE Nifty had advanced nearly 16% last year after central banks expanded their balance sheet and interest rates declined sharply leading to a wave of liquidity globally. Overall, the […]
Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Consumer, Oberoi Realty, Indian Energy Exchange, ICICI Securities, Varun Beverages, Security and Intelligence Services (SIS) and Gujarat Gas amid the ongoing rally in the domestic equity market. Barring SIS (down 12%), shares […]
Online transfer of funds has now well and truly taken roots. Consumers now use more of online transfer than cheques to conduct banking transactions. One of the routes for online transactions– Real Time Gross Settlement (RTGS) – will now work 24×7. Earlier you could make an RTGS transfer only from 7 am to 6 pm […]
In a madly competitive age where everyone’s struggling to make ends meet, one often looks for alternative sources of income to manage daily expenses comfortably. From a variety of part-time jobs available today, one must look for a secure route that offers good money along with flexible hours. One such option can be to become […]