In a positive development for the Indian economy, Finance Minister Nirmala Sitharaman announced that Non-Performing Assets (NPAs) on Mudra loans have significantly declined in the financial year 2023-24. This reduction is a promising indicator of the improved credit health of small and micro-enterprises, which form the backbone of India’s eco
Is There a Relief in Sight for Home Buyers? Nirmala Sitharaman to Move Finance Bill
Home buyers in India might soon receive much-needed relief as Finance Minister Nirmala Sitharaman is set to present the Finance Bill, which includes key provisions aimed at easing the financial burden on prospective homeowners. The housing sector, a crucial component of the Indian economy, has faced numerous challenges in recent years, from high pr
Hold LIC Housing Finance; Target of Rs 660: Prabhudas Lilladher
Prabhudas Lilladher, a renowned financial services firm, has issued a ‘Hold’ recommendation for LIC Housing Finance Limited (LICHFL), setting a target price of Rs 660. This guidance comes amid a cautious yet optimistic outlook for the housing finance sector, underscored by a detailed analysis of the company’s performance and market cond
Buy LIC Housing Finance; Target of Rs 860: Motilal Oswal
Motilal Oswal, a leading financial services firm, has issued a bullish recommendation for LIC Housing Finance Limited (LICHFL), setting a target price of Rs 860. This endorsement comes as LIC Housing Finance continues to show strong performance metrics and growth prospects, positioning itself as a prominent player in the housing finance sector. Inv
Japan Finance Minister Suzuki: Seeing Bright Aspects in Japan’s Economy
Japan’s Finance Minister, Shunichi Suzuki, has recently highlighted the promising facets of the nation’s economy amidst a backdrop of global uncertainties and challenges. In a press briefing, Minister Suzuki emphasized that Japan is witnessing a resurgence in economic activities and growth prospects, signaling a period of optimism and r
Relief for Homeowners Likely as Finance Ministry May Modify LTCG Regime
Homeowners in India might soon breathe a sigh of relief as the finance ministry considers modifying the Long-Term Capital Gains (LTCG) tax regime. This potential change is aimed at making it easier for property owners to manage their tax liabilities when selling their homes. As real estate continues to be a significant investment avenue for [&helli
SEALCOIN Technology Successfully Tested in a Proof of Concept for Transactional-IoT M2M
In a significant milestone for the intersection of blockchain and the Internet of Things (IoT), SEALCOIN Technology has announced the successful testing of its proof of concept for transactional Machine-to-Machine (M2M) communication. This breakthrough represents a major step forward in enhancing the security and efficiency of IoT networks through
Hidden Cost of Batteries: New Issue of Future Power Technology Out Now
The latest issue of Future Power Technology has hit the shelves, shedding light on an often-overlooked aspect of the energy revolution: the hidden costs of batteries. As the world increasingly turns to batteries to power everything from electric vehicles (EVs) to renewable energy storage systems, understanding the full financial and environmental i
ConocoPhillips Reports Increased Earnings in Q2 2024
ConocoPhillips, one of the world’s largest independent oil and gas companies, has announced a robust performance for the second quarter of 2024. The company’s latest financial results reveal a significant increase in earnings, highlighting a successful period of growth and operational efficiency. This article delves into the key factors contr
Smart Joules Appoints Gaurav Kejriwal as Chief of Product and Technology Officer
Smart Joules, a pioneering company specializing in energy efficiency and sustainable solutions, has announced the appointment of Gaurav Kejriwal as its new Chief of Product and Technology Officer (CPTO). This strategic move marks a significant step in Smart Joules’ mission to drive innovation and enhance its product offerings in the rapidly e