Health

Bank of India Rationalizes Interest Rates on Green and Savings Deposits Amid Market Dynamics

Bank of India Rationalizes Interest Rates on Green and Savings Deposits Amid Market Dynamics

#BankOfIndia #GreenDeposit #InterestRateUpdate #SavingsDeposit #PSUBank #RepoRate #MonetaryPolicy #BankingNews Chandigarh: In a strategic move aimed at realigning its deposit schemes with evolving market conditions, Bank of India (BOI), one of the country’s premier public sector banks, has revised interest rates on its Green Deposit and Savings Deposit accounts, effective July 7, 2025. This rationalization comes in the wake of the Reserve Bank of India’s recent decision to adjust the repo rate, influencing the broader financial ecosystem. BOI’s latest initiative reflects its commitment to proactive rate alignment, seamless policy rate transmission, and ensuring a stable balance between deposit inflows and credit growth.…
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Mainboard IPOs Make a Strong Comeback: Signal of India’s Market Resilience and Economic Confidence

Mainboard IPOs Make a Strong Comeback: Signal of India’s Market Resilience and Economic Confidence

#MainboardIPO #IndiaMarkets #IPOBoom #MarketResilience #ConsumerDiscretionary #SMEIPO #EquityMarkets #InvestmentTrends #SEBI #IndianEconomy #RetailInvestors #NSEEMERGE Chandigarh — After a two-month lull, Mainboard Initial Public Offerings (IPOs) have roared back to life, underscoring investor confidence and India’s enduring market strength amid complex global conditions. The Indian primary equity market regained its footing in May 2025, with three Mainboard IPOs collectively raising around ₹5,250 crore, each averaging an issue size of approximately ₹1,750 crore. This marked a significant turnaround from the previous months, which saw no Mainboard IPO activity. The broader revival of IPO momentum has been buoyed by an improving macroeconomic backdrop—marked by early signs…
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Capital Gains Tax in India Explained: What You Pay on Property, Stocks, and Mutual Funds

Capital Gains Tax in India Explained: What You Pay on Property, Stocks, and Mutual Funds

#CapitalGainsTax #TaxPlanning #MutualFundTaxation #RealEstateTax #EquityTaxation #FinancialFreedom Chandigarh | July 6, 2025 Whether you’re selling a piece of real estate, exiting a stock investment, or redeeming mutual fund units, capital gains tax is a key part of your financial journey. Understanding how capital gains are calculated and taxed is crucial for preserving your returns and optimizing your tax liability. Capital gains tax is levied when you sell a capital asset — such as property, stocks, or mutual funds — at a profit. But the rate of tax you pay depends primarily on: The type of asset sold The duration for which…
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Indian Engineering Students Can Now Pursue Master’s Degrees at Austria’s Top Technical Universities through VFS Education Services Partnership

Indian Engineering Students Can Now Pursue Master’s Degrees at Austria’s Top Technical Universities through VFS Education Services Partnership

#StudyInAustria #GlobalEducation #IndianStudentsAbroad #EngineeringMasters #SustainableTech #HigherEducationOpportunities #VFSGlobal #TUWien #TUGraz Chandigarh — In a major development for international education and Indo-Austrian cooperation, VFS Education Services has signed a strategic agreement with three of Austria’s most prestigious public Technical Universities — TU Wien (Vienna), TU Graz, and TU Leoben. This landmark partnership paves the way for Indian engineering graduates from ANABIN-recognized institutions to pursue advanced degrees in engineering and technology in Austria. Through this public-private initiative, students from recognised Indian colleges will gain access to high-quality education in one of Europe’s most academically renowned and technologically advanced countries. The programme offers not just…
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🏖️ IHCL Signs New Vivanta Hotel in Anjuna, Goa – Strengthening Its Footprint in India’s Premier Beach Destination

#IHCL #VivantaAnjuna #GoaHotels #IndianHotelsCompany #LuxuryTravelIndia #VivantaHotels #AnjunaVibes #IHCLExpansion Chandigarh – Indian Hotels Company (IHCL), India’s largest and most iconic hospitality company, has announced the signing of a new Vivanta-branded hotel in Anjuna, Goa. This upcoming greenfield project adds another milestone to IHCL’s robust portfolio in India’s most vibrant coastal state. Set in the heart of Anjuna, known for its eclectic culture, lively beaches, and thriving nightlife, the new hotel is designed to offer an immersive experience for today’s leisure travelers. 🌟 A Strategic Move in a High-Growth Market “IHCL has played a pioneering role in establishing Goa as a global tourism…
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Reliance Retail Deepens Beauty Play with Strategic Investment in UK-Based FACEGYM

Reliance Retail Deepens Beauty Play with Strategic Investment in UK-Based FACEGYM

#RelianceRetail #FACEGYMIndia #BeautyInnovation #TiraBeauty #FacialFitness #SkincareRevolution #WellnessIndia Mumbai: In a major move that underscores its aggressive push into the beauty and wellness space, Reliance Retail Ventures Limited (RRVL) has announced a strategic minority investment in FACEGYM, a UK-based pioneer in facial fitness and skin health. The investment not only signals Reliance’s continued diversification in the premium beauty category but also marks FACEGYM’s official entry into the Indian market. Founded by acclaimed beauty and wellness entrepreneur Inge Theron, FACEGYM has earned global acclaim for its non-invasive facial workout concept, combining advanced skincare products with high-energy massage techniques and muscle stimulation. With…
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Axis Mutual Fund Launches Axis Services Opportunities Fund to Harness India’s Services-Led Growth

Axis Mutual Fund Launches Axis Services Opportunities Fund to Harness India’s Services-Led Growth

#NFO #AxisMutualFund #AxisMFServicesOpportunitiesFund  #AxisServicesOpportunitiesFund #IndiaServicesLedGrowth Chandigarh: Axis Mutual Fund, one of India’s most prominent asset management companies, has introduced its latest thematic equity scheme — the Axis Services Opportunities Fund. With a focus on capturing India’s rapidly evolving services economy, the fund opens for subscription on July 4, 2025, and closes on July 18, 2025, under its New Fund Offer (NFO). This open-ended equity scheme seeks to invest in companies that are at the forefront of India's services-led transformation. By tapping into the country’s most dynamic and capital-efficient businesses, Axis AMC aims to offer long-term capital appreciation to investors through…
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Explore the Tranquil Charm of Rural Andhra at Club Mahindra Dindi

Explore the Tranquil Charm of Rural Andhra at Club Mahindra Dindi

#ClubMahindra  #ClubMahindraRuralAndhra #AndhraRuralLife Chandigarh: Tucked away in the peaceful village of Dindi, in the lush green Konaseema region of Andhra Pradesh, lies a riverside haven where time seems to slow down. Club Mahindra Dindi offers a rare escape into India’s heartland, surrounded by coconut groves, paddy fields, and the gently flowing waters of the mighty Godavari River—India’s second-longest—just before it merges with the Bay of Bengal. This quiet retreat is home to only around 2,000 residents and 250 homes, giving visitors a taste of authentic village life far removed from the noise and rush of cityscapes. Once a coconut plantation,…
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India’s ETF AUM Grows Over 5x in 5 Years; Retail Participation Surges 11-Fold: Zerodha Fund House Report

India’s ETF AUM Grows Over 5x in 5 Years; Retail Participation Surges 11-Fold: Zerodha Fund House Report

#IndiaETFAUMGrows5xin5Years #ETF #IndiaETF #ZerodhaFundHouseReport #Zerodha Mumbai: Exchange-Traded Funds (ETFs) have emerged as a transformative force in India’s mutual fund landscape, witnessing explosive growth in both assets and investor participation over the past five years. According to a recent report published by Zerodha Fund House, the total Assets Under Management (AUM) in ETFs surged from ₹1.52 lakh crore in March 2020 to an impressive ₹8.38 lakh crore by March 2025—a growth of more than five times. This exponential rise has pushed ETFs to now account for approximately 13% of the Indian mutual fund industry’s total AUM, which stood at ₹65.74 lakh…
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Bajaj Allianz Life Launches ‘Nifty 500 Multifactor 50 Index Fund’ for ULIP Customers

Bajaj Allianz Life Launches ‘Nifty 500 Multifactor 50 Index Fund’ for ULIP Customers

#BajajAllianzLife #BajajAllianzLifeULIPFund #BajajAllianzLifeNifty500Multifactor50IndexFund  #Nifty500Multifactor50IndexFund #ULIPCustomers #ULIPFUND   A New-Age Passive Strategy for Smarter Investing Chandigarh: In a move to bring smart, data-driven investing to policyholders, Bajaj Allianz Life, one of India’s leading private life insurers, has launched a new fund offering under its Unit-Linked Insurance Plan (ULIP) portfolio — the Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. The New Fund Offer (NFO) is open from 1st July to 14th July 2025, available exclusively through the company’s ULIP products. This innovative fund aims to offer investors a dual benefit: long-term capital appreciation through equity market exposure and the protection of life insurance coverage…
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