Sanjay Malhotra is set to take over as Governor of the Reserve Bank of India (RBI) on December 10, 2024. Malhotra was appointed during a period of severe economic difficulties, succeeding Shaktikanta Das, who has been the governor for six years. With a reputation for effective policy implementation and rich experience in finance and governance,…
The stock market, a realm of potential wealth creation, often lures individuals with promises of quick returns. However, as Nithin Kamath, the CEO of Zerodha, aptly highlights, such pursuits often lead to financial losses. Recently, Kamath voiced his support for the Securities and Exchange Board of India (SEBI) in its crackdown on stock market scams,…
The RBI Monetary Policy Committee (MPC) concluded its December 2024 meeting amid a challenging economic environment. As expected, the MPC retained the policy repo rate at 6.50% while continuing with its neutral monetary stance. This decision underscores the committee’s commitment to balancing inflation management with economic growth, a vital priority for the Indian economy at…
Bajaj Auto is set to make waves in the electric two-wheeler segment with the launch of the next-generation Chetak e-scooter on December 20, 2024. Touted as “The Best Chetak Yet,” this latest version is expected to bring significant upgrades to design, performance, and utility, further solidifying its position in the rapidly growing electric vehicle market….
The Nifty IT Index, a significant benchmark for India’s IT sector, has recently climbed to an all-time high of over 45,000. This remarkable performance highlights the resilience and growth potential of the Indian IT industry, driven by strong market fundamentals and favorable global conditions. Let’s explore the key factors behind this rally, the implications for…
