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17Jul 2024 by finvestiya.com No Comments

Maximize Your Savings with BOB’s ‘Monsoon Dhamaka’ FD Scheme – Up to 7.75% Returns

Finance

Bank of Baroda (BoB) has launched two new deposit schemes named 'Monsoon Dhamaka' FD Scheme. Under this scheme, 7.15% annual interest will be given on FD for 333 days. Senior citizens will be given interest at the rate of 7.65% per annum. 7.25% annual interest will be given on FD for 399 days. Senior citizens will be given interest at the rate of 7.75% per annum. Bank of Maharashtra is Also Offering Four Special Schemes Bank of Maharashtra has launched four special deposit schemes for different periods. In this, one has to invest in FDs of 200 days, 400 days, 666 days and 777 days. The interest rate for 200-day deposit is 6.9%, for 400-day deposit the interest rate is 7.10%, for 666-day deposit the interest rate is 7.15% and…

17Jul 2024 by finvestiya.com 1 Comment

Revealed: SBI Amrit Vrishti Scheme with Up to 7.75% Interest – SBI Amrit Vrishti Scheme Full Details PDF

Finance

SBI Amrit Vrishti Scheme Details - State Bank of India (SBI) has launched a new deposit scheme named 'Amrit Vrishti'. Under this scheme, 7.25% annual interest will be given on FD for 444 days. Senior citizens will be given interest at the rate of 7.75% per annum. You Can Invest Online or Offline To invest in this scheme, you can also go to the bank branch and invest. You can also invest in it through net banking and SBI YONO app. You will be able to invest in this scheme till 31 March 2025. SBI is Also Running SBI Amrit Kalash Scheme State Bank of India (SBI) is also running a special fixed deposit (FD) scheme Amrit Kalash. Under this scheme, senior citizens are being given 7.60% annual interest on…

17Jul 2024 by finvestiya.com No Comments

Budget 2024 Revealed: The Sweet Secret Behind Nirmala Sitharaman’s Record-Breaking Plans- Budget 2024 Halwa Ceremony

Business

Budget 2024 Halwa Ceremony- The Union Budget 2024-25 will be presented on July 23. Its preparations have been completed. Along with the printing of budget related documents, the traditional Halwa Ceremony was held this evening (July 16). This event took place at the Union Finance Ministry in North Block, Delhi. The video of the event has been shared on the social media platform X. In this, Finance Minister Nirmala Sitharaman is seen with halwa kept in a large iron pan. The Finance Minister served halwa to the officials of the ministry. Union Minister of State for Finance Dr. Bhagwat Kishanrao Karad, Pankaj Chaudhary and senior officials of the Finance Ministry were present on this occasion. Finance Minister Nirmala Sitharaman will present the budget for the seventh consecutive time. She will…

17Jul 2024 by finvestiya.com 1 Comment

Breaking: IMF Boosts India’s GDP Growth Forecast 24-25 to 7%, RBI had estimated it to be 7.2% – What This Means for Your Investments

Business

India's GDP Growth Forecast 24-25 Before the budget, the International Monetary Fund (IMF) has increased India's GDP growth estimate for the financial year 2024-25 by 0.20% to 7%. At the same time, the GDP estimate for the financial year 2025-26 is 6.5%. Earlier in April, the IMF had given the same estimate for FY26. The IMF said in its World Economic Outlook (WEO) report that the growth forecast for India has been revised to 7.0% for this year. This has been done due to better prospects for private consumption. The World Bank had estimated GDP growth to be 6.6% Earlier in April, the World Bank had also estimated India's GDP growth for FY25 to be 6.6%. At the same time, the National Statistical Office (NSO) has estimated India's GDP…

17Jul 2024 by finvestiya.com 2 Comments

This High Return Mutual Funds Doubled Money in Just 9 Months – You Won’t Believe How

Mutual Fund

Want to invest money where there's no risk of sinking? Mutual funds are a great option. But if I told you a mutual fund could double your money in just 9 months, you might think I’m joking. Well, it’s no joke! The HDFC Defence Fund has pulled off this amazing feat. This sectoral fund has made investors super happy and is now one of the top high return mutual funds out there. According to ACEMF data, this fund has given around a 39% return in the last three months. Over the past 6 months, it's delivered a 55.16% return. And in one year, it has an incredible return of 130.44%. Even the best stocks can’t match that. Read More: Unlock the Basics of Mutual Funds: Guide For Beginners! - Finvestiya.com…

01Jul 2024 by finvestiya.com No Comments

Stock Market Next Week Expectations: Don’t Miss These 5 Key Factors Next Week- FOMC Minutes, Auto Sales, and More!

Stock Market

Stock market next week expectations -The stock market may see a rise next week. The market will keep an eye on FOMC minutes, auto sales, domestic economic data, global economic data, FII-DII flow and upcoming IPOs. Find all the factors which may impact the market in coming week. Here we are telling you key factors which will decide the market movement this week Auto Sales The market will be keeping an eye on the automobile sales figures for the month of June, which will be released on July 1. Growth is expected in sales of two-wheelers and passenger vehicles. Sales in the commercial vehicles segment are expected to remain flat. Domestic economic data The final HSBC manufacturing PMI data for June will be released on July 1. The final HSBC…

26May 2024 by finvestiya.com No Comments

Awfis IPO Details: – Price, Dates & Lot Size Announced! Act Fast – Bidding Ends May 27 with Minimum Investment Just Rs.14,937

IPO's

The Initial Public Offer i.e. IPO of Awfis Space Solutions Limited has opened for public subscription today i.e. 22nd May. Retail investors will be able to bid for this IPO till 27th May. Know more details in awfis IPO details below. Through this issue, the company wants to raise a total of Rs.598.93 crores. For this, the company will issue 3,342,037 new shares worth Rs.128 crores. At the same time, the existing investors of the company will sell 12,295,699 shares worth Rs.470.93 through Offer for Sale i.e. OFS. Important Dates Related to Awfis IPO Details If you are also planning to invest money in this IPO, then we are telling you how much you can invest in it. What is the Minimum and Maximum Amount Retail Investors Can Invest in…

25May 2024 by finvestiya.com No Comments

High Return Midcap Funds: This Mid-Cap Funds Soar by 82% in Just One Year! Know the Surprising Things Now!

Mutual Fund

If you are planning to invest in mutual funds these days, then mid-cap funds can be a good option. This fund category High Return Midcap Funds has given a return of more than 82% in the last 1 year. If you can take risks, then investing in mid-cap funds can give you good profits. First Know What Are Mid Cap Mutual Funds Mid-cap mutual funds are funds that invest primarily in shares of mid-cap companies. Mid-cap companies are those whose market cap is more than Rs 5,000 crore but less than Rs 20,000 crore. Companies ranked 101 to 200 in terms of market cap are also called mid-cap companies. Invest Only if You Have the Ability to Take Risks Mid-cap funds have higher risk than large-cap funds. Therefore, only those…

25May 2024 by finvestiya.com No Comments

NTPC Fourth Quarter Results: NTPC’s Explosive Q4 Results Shock Investors! Massive 33% Profit Surge Revealed!

Stocks

National Thermal Power Corporation i.e. NTPC Limited's profit in the fourth quarter (January-March) of FY 2024 increased by 33.22% year-on-year (YoY) to Rs. 6,490.05 crore. The company's consolidated net profit in the same quarter a year ago was Rs. 4,871.55 crore. NTPC's consolidated revenue from operations grew by 7.61% year-on-year. Revenue from operations stood at Rs. 47,622.06 crore in the fourth quarter of FY24. Revenue stood at Rs. 44,253.17 crore in the same quarter a year ago i.e. the fourth quarter of FY23. NTPC Shares Gave 114% Return in One Year On Friday before the results were announced, NTPC's stock rose 0.59% to close at Rs. 374.50. In the last one year, it has given a return of 114.61%. In the last 6 months, the stock has risen by 45.41%.…

24May 2024 by finvestiya.com No Comments

ICICI Prudential Mutual Fund: Turn Rs. 1 Lakh into Rs. 65 Lakhs! This Investment Strategy Guarantees 21% Annual Returns!

Mutual Fund

ICICI Prudential's Aggressive Hybrid Fund invests 65% in equity. It is suitable for investors with relatively higher risk-taking capacity. ICICI Prudential Equity & Debt Fund gave a return of 25.88% over a period of 3 years. Small investment and bumper returns is the biggest wish of any investor. Every investor wants to get maximum interest on minimum money and there is no risk. If you are also looking for such an option, then hybrid funds can be the best option. There are some hybrid funds in the market that have converted Rs, 1 lakh into Rs. 65 lakh in 22 years and the risk has been negligible. During this period, the fund has given an annual return of more than 21 percent. Hybrid funds provide a much-needed diversified investment option…

Author: finvestiya.com