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Showing posts from September, 2022

Best Electric Vehicle (EV) Stocks in India for 2022

             (EV) are one of the trending topics globally. They are gaining attention as they help in reducing emissions and depletion of natural resources. In India, electric vehicles are slowly entering the market. In 2021, ~32 lakh electric vehicles were sold in India, which is 168% more than the previous year. This number is expected to grow even more. With the rapid innovative growth in the auto sector, EV stocks in India are also trending these days. In this article, read about the best EV stocks in India according to the different categories and the market potential for electric vehicles.                Electric vehicles sector categories      Before getting into the best electric vehicle stocks in India, it is important to note that the electric vehicles sector is not limited to manufacturers. The sector has four subdomains: Auto manufacturers – Thi...

LIC: Special plan for women, only Rs 29 will have to be invested daily

LIC: Special plan for women, only Rs 29 will have to be invested daily            Life Insurance Corporation of India offers various investment and insurance plans keeping in mind the needs of all classes of people.  Aadharshila plan is one of the eating plans of LIC.  In this scheme, investors get an opportunity to raise huge funds with very little investment.  LIC has prepared Aadharshila scheme keeping in mind the needs of women.  Women can invest in this scheme by saving some money.  A small investment will generate a huge amount here.  The age limit for investing in Aadharshila scheme is 8 to 55 years.  On depositing Rs 29 daily in this scheme, an amount of Rs 4 lakh will be ready.  Let us understand the foundation plan.                 Will take 20 years     Let us take an example.  If a woman saves Rs 29 a...

RD: Know how much to invest so that a fund of Rs 7 lakh is ready

RD: Know how much to invest so that a fund of Rs 7 lakh is ready Apart from the hustle and bustle of share market and mutual funds, there are still some people who are earning money without any risk by investing in RD.  There are many RD options too but State Bank Recurring Deposit and Post Office Recurring Deposit, both of them are the best means of saving.  By investing money in the RD scheme of these two, the work of raising lakhs of rupees can be done easily.  The tenure of a recurring deposit is generally from 12 months to 10 years. Better returns without risk The biggest feature of saving in an RD scheme is its interest rate.  By investing in RD, customers have complete security of getting better returns without any risk.  The government guarantees the money deposited in RD.  The investment in this scheme is guaranteed by the government scheme DICGC.  This means that even if the customer's money is lost, then the government will co...

These 6 Financial Instruments Are Also Good For Investment

      There are many different financial instrument possibilities available on the market today. Choosing the appropriate investment tool is crucial in order to create a portfolio that is both robust and well-balanced. The top six financial instruments are described in the following paragraphs.               1.   Gold Funds         One of the world's biggest gold marketplaces is in India. Indian households buy gold for auspicious occasions. India's desire for gold is rising as wealth levels rise. However, in the era of digitalization, everything is digitalized, even buying gold. And that's where Gold Funds come. Open-ended funds that invest in shares of a gold exchange-traded fund are known as gold funds (ETF). Investors wanting exposure to gold as a commodity can consider these funds. Managers want to build wealth by exploiting the ...

Big preparations for Mukesh Ambani, Pepsi and Coca-Cola will be worried

Reliance Industries Limited is now going to start business in FMCG business very soon.  In the recent AGM, Reliance Retail Director Isha Ambani has given information about this new move of Reliance.  Reliance has bought Delhi-based Pyare Drinks Group in a deal worth around Rs 22 crore, and the group will soon enter the soft drink market. Campa Cola will be seen again in the market In 1977, when Coca Cola had to go out of India, then the beloved drink group's Campa Cola filled the shortage of Coca Cola in the country.  After the acquisition of Reliance, now this soft drink is ready to dominate the market again.  Reliance is all set to launch Capa Cola soft drink on the occasion of Diwali. Reliance Industries is now all set to enter the soft drink market with this deal, preparing to compete with PepsiCo and Coca-Cola.  Reliance will compete directly with market leaders Coca-Cola and PepsiCo.  Indian customers will benefit from Relian...