Government figures show that from the inception of the Startup India program, the Department for Promotion of Industry and Internal Trade (DPIIT) has formally recognized 92,683 organizations as startups as …
Finance
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Finance
2023 World Environment Day: What is sustainable investing and why should you consider it?
by Team, Endocby Team, EndocWhat is Sustainable Investment? The term “sustainable investment” is currently in vogue. Due to rising investor awareness of the problems, as well as the opportunities and risks, associated with sustainability,…
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Finance
Expert’s opinion on how the withdrawal of 2000 notes can affect bank’s FD rates.
by Team, Endocby Team, EndocThe interest rate on bank FDs: The Reserve Bank of India (RBI) recently declared that it would stop printing rupee 2000 notes. Some personal financial experts have stated that the…
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Finance
Pakistan’s inflation soars to record 38%, surpassing Sri Lanka’s
by Team, Endocby Team, EndocShehbaz Sharif’s government in Pakistan is in a challenging situation since the country is hesitant to adhere to the IMF’s demands, which might lead to a default on its sovereign…
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Finance
RBL Bank introduces the 8.5% interest ACE Fixed Deposit Scheme.
by Team, Endocby Team, EndocRBL Bank introduced its ACE Fixed Deposit scheme with an interest rate of up to 8.50% to give customers better-saving options. The new savings plan is available for a period…
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FinanceCountryLawTechnology
RBI Introduces an Expanded e-Rupee Pilot Programme to Include Additional Banks.
by Team, Endocby Team, EndocIn 2023–2024, the Reserve Bank of India (RBI) plans to broaden the Central Bank Digital Currency (CBDC) pilot program and include a variety of use cases and functionalities. Aim of…
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Finance
Giphy Inc. is Purchased by Shutterstock from Meta for $53 Million in Cash
by Team, Endocby Team, EndocStock photography company Shutterstock Inc on Wednesday said it would buy animated-images platform Giphy Inc from Meta Platforms Inc. According to a report by Reuters, Shutterstock purchased Giphy for $53…
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Finance
Adani Green intends to sell shares to fund up to ₹6,000 crore.
by Team, Endocby Team, EndocAdani Green Energy Ltd., India’s largest renewables business, has revived its capex ambitions four months after the Hindenburg setback and is in negotiations with international investment managers to borrow $5,000–$6,000…
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In November 2016, the ₹2000 denomination banknote was launched in accordance with Section 24(1) of the RBI Act, 1934, principally to swiftly address the economy’s need for cash following the…
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FinanceBusinessLatest
BYJU’S denies allegations of concealing $500 million from BYJU Alpha.
by Team, Endocby Team, EndocBYJU’S, an Indian multinational educational technology company fights against it’s US-based subsidiary BYJU Alpha regarding hiding $500 million. What’s the News? In the recent news it was highlighted that the…
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BusinessFinance
Small-cap Mutual funds are the new trend of investing for Indians, offering a great ROI constantlyÂ
by Team, Endocby Team, EndocIn a scenario where investing is increasing, small cap mutual funds are safer to invest on
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HDFC Bank has hiked its marginal cost of funds-based lending rates (MCLR) by 5 basis points across tenures.
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Finance
FPIs Boost Indian Stock Market with Rs. 10,850 Crore Investment from May 2-5.
by Team, Endocby Team, EndocIn May, foreign portfolio investors (FPIs) continued to buy Indian stocks. Foreign portfolio investors (FPIs) continued to purchase Indian shares in May, investing Rs 10,850 crore in the past four…
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BusinessEducationFinance
Cars24 shuts down operations in Indonesia and Saudi Arabia to focus on core markets.
by Team, Endocby Team, EndocGhatak Ship Management and their story. On May 3, 2023, the used car marketplace Cars24 located in India will cease operations in Saudi Arabia and Indonesia. According to Vikram Chopra, a co-founder…
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BusinessFinance
India’s Adani Ports sells Myanmar port for a discounted $30 million.
by Team, Endocby Team, EndocThe Adani Group, founded by Gautam Adani in 1988, is an Indian conglomerate interested in various sectors such as ports, real estate, energy, and more. It has a presence in…
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BusinessFinance
Government Approves Rs 687 cr for Upgradation of Power Distribution Infrastructure in Ladakh.
by Team, Endocby Team, EndocThe beginning of the story. A positive achievement in the development of the area is the government’s decision to sanction Rs 687 crore for the upgrading of Ladakh’s power distribution…
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BusinessEducationFinance
After the Adani debacle, who will finance India’s infrastructure?
by Team, Endocby Team, EndocIn an effort to weaken Prime Minister Narendra Modi’s apparent ironclad hold on power in the run-up to next year’s general elections, Rahul Gandhi of the Congress Party and other…
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BusinessEducationFinancePolitics
Adani Green Energy Limited has witnessed a significant increase of 49% in its operational capacity.
by Team, Endocby Team, EndocAdani Green, the renewable energy division of Adani Group, has reported a remarkable 49% growth in its operational capacity, reaching 8,086 MW by the end of the fiscal year 2023.…
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The BMW X1 has gained popularity among auto enthusiasts since its release. It is a posh little crossover SUV. The X1 diesel has long been a well-liked option for people…