paytm-ipo

India’s Biggest IPO: Paytm IPO

Paytm recently announced raising Rs. 16,600 crore as IPO which will be India’s largest ever. It is expected to launch before November. What is an IPO?  IPO stands for Initial Public Offering and focuses on the Financial Market. The financial market subdivides into two, namely Money Market and Capital Market. The former is for...

Fall in Adani Shares

Recently, a huge crash was observed in Adani share prices. The Fall in Adani Shares shed around $7 Billion. One of their shares fell around 25%. There were also rumours about the accounts of three foreign funds under the Adani group being frozen by the National Securities Depository Limited (NSDL). What is the National...

India EU Summit

India EU Virtual Summit

French President Emmanuel Macron expressed his solidarity with Indian Prime Minister Narendra Modi during the India EU Virtual Summit in presence of 26 other EU leaders. He said, “India does not need to listen to lectures from anyone about vaccine supplies. India has exported a lot for humanity to many countries. We know what situation...

Small Savings Scheme

Small Savings Scheme- Revised Rates

The government withdrew the new small savings rates which were declared a few days ago. The Government had initially cut the rate from 4% to 3.5% for the first quarter of 2021-2022 but later they withdrew the order. On 31st March, the Government cut interest rates on various Small Savings Schemes sharply. The revised...