As cautioned in the last article about the market, the week turned out to be bearish. Indices declined sharply. Need to be cautious in the short-term to mid-term as correction may get extended too. When such corrections emerge, there are 2 ways to approach the market.
Campaign to eradicate Tuberculosis (TB), a ban on broken rice export, the appointment of consultants for consumer cases, and other policy updates in the last week.
The banks are now offering numerous services on their apps. Besides payments, savings, borrowing and shopping are other major uses of mobile apps.
The Ethereum blockchain, the largest behind Bitcoin, has seen a major upgrade called ‘The Merge,’ Ethereum is switching to a more energy-efficient method of validating transactions that take place on the platform, known as Proof-of-Stake.
India’s edible oil imports have risen 35% y-oy to 1.3 mn tonnes (MT) in August. While producing more oilseeds can reduce imports, it is not as easy. Read the challenges and government initiatives to tackle them.
There has been a ton of bullishness about the Price/Earnings-to-Growth (PEG) ratio being a great indicator to buy stocks. Motilal Oswal’s wealth creation studies did a great job explaining that buying stocks below a PEG of 1 and especially 0.5 lead to good wealth generation.
Tickertape’s renewed Portfolio features an interactive tree map to give you a visual aid on the return attribution based on sectors and market capitalisation. Simply put, return attribution allows you to identify the source of your returns.
With the Make in India, Digital India, and Start-up India programmes, India has witnessed a substantial spike in demand for electronic products in the last few years. The country’s position as the second-largest mobile phone manufacturer in the world, and the surge in internet penetration among the population are creating a huge demand.
Gratuity is a monetary benefit an eligible employer pays their employees under the Payment of Gratuity Act. Read gratuity rules, eligibility, calculation and more here.
India’s current transport demand is 2.2 tn tonne-km and is expected to touch 9.6 tn tonne-km by 2050. Zero Emission Trucks can reduce dependency on oil, air pollution and costs.