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Here is a list of the world’s top 10 richest people, according to Forbes’ ranking 2026. The wealth of these people surpasses the GDP of several nations. Let’s take a look at these billionaires’ biographies, sources, net worth and more. List of Top 10 richest Person in the World Rank 1 – Elon Musk Country: […]
In India, treasury bills largely refer to short-term money sector instruments that act as promissory notes with the assurance of repayment in the future. The money accumulated through these money instruments is meant to help the government in its short-term requirements, thus contributing effectively to the decrease of the nation’s typical fiscal shortfall. Treasury bills […]
Muthoot FinCorp, on 21st May, 2024, announced its highest-ever loan disbursements in FY24 at Rs. 61,703.26 crore, which marked an 18.6 percent increase. Asset under management (AUM) of Rs 33,359.30 crore and a consolidated net profit of Rs 1,047.98 crore were reported by the company, which reflected a significant 62 percent rise. The company recorded […]
In the successful economy of any country, the role of taxes is quite crucial. Whether you are a salaried individual or a businessman, you are governed by the applicable tax laws set by the government. The government does not only update these regulations from time to time, but it also makes provisions to help taxpayers […]
Shri R. Lakshmi Kanth Rao has been appointed as the new Executive Director (ED) of the Reserve Bank of India (RBI) with effect from 10th May, 2024. Shri Rao had been serving as the Department of Regulation’s Chief General Manager-in-Charge prior to being appointed as the RBI’s ED. Shri Rao carries with him an experience […]
For any nation, the depreciation of their currency can have far-reaching effects on its economy as well as trade relationships. When we talk about the Indian rupee, its fluctuating value against major foreign currencies has been a matter of concern and interest for the policymakers, entities and the general masses in India. In the year […]
Buying a home is a big-ticket investment as people sometimes spend their life’s earnings to buy a home. Considering the scenario of rising inflation and a growing real estate market, the cost of owning a home has increased manifold. And, this is why most home buyers in India resort to taking a home loan to […]
In recent times, mutual fund investment has emerged as a promising investment avenue for all types of investors. Whether you are investing for a shorter period or a longer one, mutual funds investment promises excellent returns along with numerous other benefits. That is what makes them way ahead of other conventional investment channels such as […]
The best gift a parent can give to their child is to invest in their future. The right investment plan can help your little one(s) to fulfill their goals and ambitions. Child investment plans can be opted for different aims, such as for a child’s education, marriage, healthcare, and more. In this article, we will […]
In order to raise capital, many companies sell their stocks. Shareholders are those individuals or entities who buy stocks or shares of such companies. The shareholders are also commonly referred to as ‘Stockholders’ of a company. The stockholders own a chunk of the company. The more shares a stockholder has, the bigger stake he has […]