How can you Reduce Expenses without Affecting Quality of Life?
Cut expenses by adopting smart habits for a balanced and fulfilling life.
Read More
Aren't we all searching for something?
Not sure what to search? Here are some topics that we can suggest you:
Contributors | Mahamoney.com
CCI's Probe into Cement Sector Aims to Protect Consumers, Promote Competition
The Competition Commission of India (CCI) is actively investigating the cement sector, focusing on potential anti-competitive practices. This comprehensive probe aims to uncover price fixing, cartels, and other activities that may harm consumers and impede market competition. The investigation could lead to lower prices, transparency, and enhanced competition, ultimately benefitting the consumer.
Read MoreUnlocking Financial Well-Being: Insights for Effective Money Management
In a world filled with financial complexities, here are some invaluable insights challenging conventional money wisdom. From enhancing financial literacy to embracing diversified wealth-building strategies, these perspectives offer a refreshing take on achieving financial well-being and happiness. Let's delve into these aspects for a renewed perspective on managing money. Read on to learn more.
Read MoreNavigating the RBI's Tightened Loan Norms: A Practical Guide for Borrowers
The Reserve Bank of India's (RBI) decision to tighten norms for unsecured personal loans aims to protect the financial system. While it may result in stricter criteria, borrowers can enhance their approval chances by improving creditworthiness, demonstrating affordability, exploring secured options, seeking pre-approval, and maintaining transparency with lenders. Keep reading to learn more.
Read MoreSebi's Steps Towards Regulatory Simplification
SEBI initiated a review of financial sector regulations, seeking stakeholder input for simplification and compliance improvement. The focus areas include related party transactions, material event disclosures, rumour verification, and ESG assurance. Working groups and an industry standards forum aim to provide guidance on complex concepts, fostering collaboration between regulators and entities.
Read MoreTax Implications of Gold Investments: What Options do You Have?
As Diwali approaches, gold remains a favored investment in India, reflecting both cultural significance and financial prudence. However, understanding the tax implications is crucial when considering various gold investment options like physical gold, gold ETFs, Sovereign Gold Bonds, digital gold, and gold mutual funds. Each avenue carries distinct tax considerations, impacting investor returns.
Read MoreThe Role of Government in Business: A Critical Analysis
The role of governments in running companies is a perennial debate with nuanced perspectives. Examining instances of well and badly-run government enterprises globally, this overview explores arguments for and against government involvement in business, offering insights into the diverse outcomes and considerations shaping this complex economic landscape.
Read MoreRBI Fines Citibank, BoB, and IOB for Non-compliance with Norms: How Regulations Help
The Reserve Bank of India (RBI) recently imposed fines on Citibank, Bank of Baroda (BoB), and Indian Overseas Bank (IOB), totaling ₹10.34 crore, highlighting the importance of regulatory compliance in the banking sector. These penalties, addressing non-compliance with operational guidelines, risk management, and code of conduct, underscore the RBI's commitment to safeguarding depositor interests.
Read MoreDealing with Loan Recovery Agent Harassment: Legal Recourses for Borrowers
Struggling with loan recovery agent harassment? Explore legal remedies which include understanding your rights, documenting interactions with recovery agents, issuing a cease and desist letter, contacting the lender, involving law enforcement if needed, exploring consumer forums, and seeking legal counsel for comprehensive guidance. Read on for more details.
Read MoreIndia's Digital Leap: Unleashing Possibilities
India stands at the forefront of a digital revolution, propelled by its government's visionary ambition of achieving a trillion-dollar digital economy by 2025. Remarkable progress in the Information and Communication Technology (ICT) industry, coupled with initiatives like the fastest 5G deployment and the implementation of Digital Public Infrastructure, underscores India's digital prowess.
Read MoreWill the Indian Economy’s Growth Benefit the Younger Generation?
Navigating a landscape of resilience and growth, India's economic journey unfolds with optimism and caution. Fueled by robust fundamentals, a burgeoning demographic dividend, and strategic initiatives, India stands as a beacon of hope amid global economic uncertainties. However, challenges such as inflation and global slowdown warrant strategic solutions for sustained prosperity.
Read MoreSebi's New Frameworks Make Claiming Unclaimed Amounts Easier for Investors
The Securities and Exchange Board of India (SEBI) has introduced three frameworks to facilitate the claiming of unclaimed amounts by investors in various financial instruments. These frameworks cover non-convertible securities, Infrastructure Investment Trusts (InvITs), and Real Estate Investment Trusts (REITs). Read on to learn more about these new rules which will benefit investors.
Read More
