The US dollar has long been the world's reserve currency, but its dominance is under threat. In recent years, there has been an accelerating trend towards de-dollarization as countries seek to reduce their reliance on the dollar. The dominance of the US dollar in international trade and finance has faced increasing challenges, leading to discussions about the future of global economic dynamics and the potential consequences for various stakeholders.
7 Aug 2023Elon Musk Has Stumped Twitter Users Once Again With His Move To Limit The Number Of Posts Users Can Read On The Platform. On 1 July He Tweeted That Users With Unverified Accounts And New Unverified Accounts Would Be Limited To Reading 600 Posts A Day And 300 Posts A Day, Respectively, While Those With Verified Accounts Could Read 6,000 Posts A Day. These Temporary Limits Were Later Raised To 10,000 Posts A Day For Verified Users, 1,000 A Day For Unverified Users And 500 A Day For New Unverified Users. Musk Believes The Move Will Address The Extreme Levels Of Data Scraping And System Manipulation.
18 Jul 2023The video highlights the big price war plan of Reliance Industry by jumping into personal and care products. Reliance Retail Ventures Limited (RRVL) has made its entry into the personal and home care segment of the FMCG sector in India with a competitive pricing strategy that undercuts established brands by 30% to 35%. The company's FMCG arm, Reliance Consumer Products Limited (RCPL), offers a range of products including beauty soaps, natural soaps, hygiene soaps, and liquid detergents. To expand its reach, Reliance is building a pan-India dealer network, with its products currently available only in select markets. The company has also relaunched the iconic soft drink brand Campa at a lower price. With the Indian beauty and personal care industry valued at USD 21.65 billion and the FMCG market at USD 110 billion, Reliance's entry into the sector is set to shake things up.
28 May 2023It is a post office saving scheme that offers an interest rates of 7.7 percent compounded annually.
1 min read18 Apr 2023If you fear that you may not have saved enough, it’s time to relook at your financial habits, especially, with regard to your savings, investments, and expenditures. How do you check if you have saved enough money? You may start by corroborating the following details. 1- Do you have a regular income source for a post-retirement period? 2- Have you bought life insurance? 3- Do you have adequate health insurance coverage? 4- Are you still repaying your loans or debts?
5 Feb 2023RBI’s Financial Stability Report (FSR) reveals the gross non-performing assets (GNPA) ratio has been gradually trending downwards from 9.3% in September 2019 to a seven-year low at 5.0% in September 2022, while net non-performing assets have dropped to a 10-year low of 1.3% of total assets. The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations. Let's do an in-depth analysis of the report to determine its trend, the policy actions that have been helpful, and what can be done to make things even better.
5 Feb 2023But those seeking higher returns than those offered by bank fixed deposits might speculate on post office fixed deposits or National Savings Certificates (NSC).
3 min read23 Jan 2023National Savings Scheme (NSS): Post offices shall have to ensure settlement of deceased claim cases within the timeline prescribed, says revised procedure for deceased claims
2 min read21 Jan 2023For the Public Provident Fund (PPF) and other small savings schemes, the Department of Posts (DOP) claims many post offices are not following the prescribed procedures and timeline for settlement of deceased claim cases.
2 min read12 Jan 2023On December 30, the Central government hiked interest rates on various small savings schemes. Let’s take a look at the revised rates.
1 min read31 Dec 2022The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared