Rs.2000 Note Ban – Why is it banned and What RBI says about it ?

On the 19th of May, 2023, the Reserve Bank of India (RBI) made a momentous decision by announcing the Rs.2000 note ban. The central bank, in line with its "Clean Note Policy," urged everyone to deposit or exchange 2000 rupees banknotes by the 30th of September, 2023. (Read more about Clean Note Policy here) In an official statement issued on Friday, the RBI expressed its rationale behind this move. The introduction of the ₹ 2,000 banknote took place in 2016 November, subsequent to the demonetization of ₹1,000 and the older ₹500 notes. The primary objective behind the introduction of the Rs 2,000

UPI Payment New Rules Applicable from 1st April 2023

Unified Payment Interface (UPI) is the most happening thing currently all across the world. People dwelling in every corner of the metropolitan cities, towns, and even villages are happened to be using UPI for making payments be it one rupee or thousands of rupees with just a click of a button. However, until today, we all lived in a constant state of making payments through UPI without hassle but now the UPI payment new rules will restrict an individual to pay charges and this norm will be implemented from April 1st as this was discussed on Wednesday, 29th March 2023. If you

Cheetah in India Returns After 70 Years of Extinction

After 70 Years of Extinction, PM Modi Imported Cheetahs to India. Most of us are already aware of the “Project Cheetah” introduced in India. In the transfer of cheetahs inside quarantine cages within Kuno National Park in Madhya Pradesh on Saturday, on the occasion of Prime Minister Narendra Modi’s birthday, requested calm from the people before viewing cheetahs in a speech to the country. Although India proclaimed that cheetah in India extinct in 1952, PM Modi said, it is regrettable that no proactive steps were taken to restore them for many years. On Saturday, September 17, which was also Prime Minister

Omicron Virus – A new variant of COVID-19

The Omicron Virus is another variant of the SARS-CoV-2 virus causing the disease COVID-19. It was first taken into notice by the World Health Organization (WHO) from Africa [SOUTH] on November 24, 2021. The new variant which is OMICRON was first identified on November 11, 2021, in Botswana and on November 14th in the Republic of South Africa, obsessed with examples collected between 11–16 November; the most realized example was collected in the last country on November 8. Overview of the new variant of Coronavirus - Omicron Virus  The Omicron variant is likely to spread more quickly than the primary SARS-CoV-2 infection. A person with Omicron which is

Intraday Trading and Delivery Trading – What are the differences?

Intraday Trading Intraday exchanges include purchasing and selling a stock inside an exchanging meeting, for instance around the same time and this is termed as Intraday Trading. If you do not square off your situation before the day's over, your stock may be sold consequently at the day's end cost. Advantages of intraday trading Low capital Intraday brokers frequently use edge supports when taking positions. Along these lines, they'll put an even bigger exchange while paying just a limited quantity forthright. Their merchant gives the additional assets to the exchange. Accordingly, the broker can have a greater situation than their capital would permit. This pushes up the potential for benefit also. High liquidity Intraday positions must be

NFO Launch – SBI MF launches SBI Balanced Advantage Fund

SBI launches its NFO i.e SBI Balanced Advantage Fund on August 12, 2021, and here are all the details of how you can reap its benefits. But first things first, let’s dive into the basics of an NFO for anyone who is new to this. What is an NFO? An NFO translates as New Fund Offer which basically means the first-ever subscription offering that an investment company offers to its investors. It marks the first-ever launching of funds that allows the company to raise capital for buying securities. Mutual funds are common examples of NFOs launched by an investment company. All details about