Business

What is Margin of Safety and How to Calculate it

What is Margin of Safety and How to Calculate it?

The margin of safety (MOS) is an accounting concept that measures the variation between real or predicted sales and break-even sales volume. It determines how much sales can fall before a company hits its break-even threshold measurement, past when it will make a financial loss. This notion is critical for firms to evaluate their risk …

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Why is Quant Mutual Funds Under Strict Supervision Of SEBI What Do We Do

Why is Quant Mutual Funds Under Strict Supervision Of SEBI? What Do We Do?

Sandeep Tandon founded Quant MF, which has been one of the country’s fastest growing mutual funds. The fund firm acquired SEBI clearance to begin the mutual fund business in 2017. In January, it topped Rs 50,000 crore in assets with 26 schemes and 54 lakh folios. Quant MF has grown significantly in recent years, owing …

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What are The GST Cost On Online Gaming In India

What are The GST Cost On Online Gaming In India?

Who doesn’t love procrastinating tasks or pass time by playing interactive games? But have you wondered that you ultimately pay taxes to the government while investing to win in your game? Taxes on games are solely aimed for mitigating practises of gambling, consumer protection, Governmental control over gaming industry and generation of funds for the …

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Sensex and Nifty Today

Today’s Stocks Market Updates (14 June 2024)

VALUATIONS SENSEX PE Ratio 23.26 NIFTY PE Ratio 22.32 Source: NSE and BSE BSE SENSEX 76992.77 +181.87 +0.24% NIFTY 50 23465.60 +66.70 +0.29% NIFTY Bank 50002.00 +155.30 +0.31% BSE MID CAP 46058.76 +536.90 +1.18% BSE SMALL CAP 51199.99 +521.05 +1.03% GOLD (Rs./ 10 gm) 71,785.00 +647.00 +0.91% SILVER (Rs./kg) 88,357.00 +374.00 +0.43% USD/INR 83.54 -0.00 …

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Multi Commodity Exchange (MCX)

All you need to know about Multi Commodity Exchange (MCX)!

Introduction How cool would have been everything under the barter system? The Multi commodities exchange of India Limited (MCX) is the India’s largest commodities derivatives market, established in 2003 with the sole aim to rocket India’s financial status. It works under the Securities and Exchange Board of India’s (SEBI) rules and regulations and offers a …

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Mutual Fund AUM Touches ₹ 60 Lakh Crore In May!

Mutual Fund AUM Touches ₹ 60 Lakh Crore In May!

– Equity Fund Equity funds are a part of investment funds that are specifically intended to invest in stocks or equities laid out by the company.  Talking about the amount of Equity inflows, a total of Rs.19,000 crore in April 2024 were generated as compared to Rs.35,000 crore in May 2024 while the sectorial/thematic funds …

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RBI Retrieves 100 tonnes of Gold from UK originated from India. How did it happen?

RBI Retrieves 100 tonnes of Gold from UK originated from India. How did it happen?

According to the reports, India tends to bring in 100 metric tonnes of its gold reserves from UK out of its original holding of 822.10 metric tonnes from the Bank of England by June 2024. As we know many countries such as Italy, Germany or USA do keep their monetary or Gold reserves abroad for …

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What are Tax Exemption

All About Tax Exemption You Need To Know This Year!

When a person, organization, or another company meets certain requirements, the government may reduce or eliminate their responsibility to pay certain taxes. This is known as a tax exemption. Activities that are thought to be helpful to the general public or society, such as helping those in need, schooling, or religious activities, are the objectives …

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What is DHFL Scam What was Dheeraj Wadhawan arrested for

What is DHFL Scam? What was Dheeraj Wadhawan arrested for?

On The Tuesday of 14th May 2024, Dheeraj Wadhawan,  an influential figure in the financial sector was arrested by the Central Bureau of Investigation (CBI) in the concern devoted to Dewan Housing Finance Corporation Ltd (DHFL) which involved scam of  a whooping Rs 34,000 crore. After being taken into prison in Mumbai on Tuesday night, …

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