Historically Indian banking has benefited from high savings rates and growth in savings as well as disposable income growth. Number of offline and online ATMs – 252,000 (as on Mar 2022) Total bank branches: ~123,000 Total Deposits – $2 Tn The Banking industry in India has historically been one of the most stable systems globally,…
As the world continues to focus on adopting AI to overcome several challenges, It’s inevitable for Indians to avoid becoming part of the growth. Over the past few months, especially since the launch of ChatGPT, the Indian AI landscape has undergone a significant transformation. AI isn’t a new term. It was originally coined by John…
1Certain New York Life variable annuities provide access to an accumulation benefit rider called the Investment Preservation Rider 4.0 (IPR) which guarantees all premium payments from a loss that are made in the first policy year (less any proportional withdrawals) after the completion of a holding period. The rider is available for an additional charge. The…
According to VCBeat, on August 11, 2020, Shanghai-based Wallaby Medical Technology Co., Ltd (“Wallaby Medical”) announced the completion of a Series B+ financing of hundreds of millions. Proceeds from the latest round will be mainly used to promote the development of Wallaby Medical’s product portfolio of ischemic stroke and bleeding, expand the business in Europe,…
*]:mt-10 [&>p]:mt-5 [&_ul]:mt-5 [&_ul]:list-[revert]Udabur Investment [&_ul]:ps-[revert] [&_ol]:list-[revert] [&_ol]:ps-[revert] [&_li_ul]:mt-0 [&_li_ol]:mt-0 [&>h2]:mt-16 [&>h3]:mt-10 [&>h3]:-mb-2 text-lg/8 [&_img]:rounded-3xl” Trading books are essentially the portfolios of large financial institutions. They contain information about all the securities currently held by the institution, as well as the history of any and all accounting transactions involved in the buying and selling of…
Apple is set to open four new retail stores in India by next year.The company is looking to recruit around 400 employees in India for these stores.Here’s everything you need to know about the job opening at Apple. Cupertino tech giant Apple is expanding its retail presence in India amid a rise in sales of…
The article uses rolling returns to compare various investment options for US-based NRIs intending to invest in the Indian stock market. Understanding the Investment Options Case 1: Indian MF without repatriation Case 2: Indian MF with repatriation Case 3: US-domiciled ETF (Exchange-Traded Fund) Performance Analysis Fixed investment of $1000/month Increasing investment of $1000/month (10% a…
As of August 31, 2024 the ratio values are: For much more analysis and information on the data sources, methodology, and counterpoints to this model, continue reading. The Buffett Indicator is the ratio of total US stock market value divided by GDP. Named after Warren Buffett, who called the ratio “the best single measure of…
A sharp correction in small-cap stocks portends souring risk appetite on the broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally.An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to…
From purchasing physical gold on auspicious occasions to buying gold bonds or mutual funds, investing in gold is quite popular in Indian households. The recent Budget 2024 has introduced significant changes to the capital gains tax rules, impacting how gold investments are taxed. Whether you are a seasoned investor or just starting your gold journey,…