In the bustling city of Bangalore, two brothers, Nithin and Nikhil Kamath, embarked on a venture that would redefine India’s stockbroking landscape. Their brainchild, Zerodha, emerged as a disruptive force, challenging the status quo with its innovative approach to discount broking. The Early Years: Nithin’s Journey into the Stock Market Nithin Kamath, the elder of the Kamath siblings, delved into…

The cryptocurrency community is on the edge of its seat as the next Bitcoin Halving approaches, anticipated to occur around mid-April 2024. This event, which happens approximately every four years, is known for its significant impact on Bitcoin’s supply and, consequently, its price. Latest Developments: The upcoming Bitcoin Halving has already begun to stir market volatility, with traders and investors…

The Reserve Bank of India (RBI) is expected to make a strategic move later this year by reducing interest rates. This decision has been eagerly awaited by investors and the market, as it could have significant implications for the economy’s trajectory. Economic Context The Indian economy has been witnessing robust growth, giving the RBI room to focus more on managing…

The recent announcement by the Tata Group regarding the establishment of a ₹27,000-crore indigenous ‘Semiconductor Assembly and Test Facility’ in Assam’s Jagiroad marks a significant leap forward for India’s technological independence and economic growth. Led by Ratan Tata, chairman emeritus of Tata Sons, this ambitious venture holds the promise of not only revolutionising India’s position in the global semiconductor industry…

In March 2024, the Federal Reserve released its highly anticipated Monetary Policy Report, providing a comprehensive examination of the current economic conditions, with a particular emphasis on inflation dynamics. Here’s a detailed exploration of the key findings: CPI Overview: The latest data reveals encouraging signs of inflation easing, offering a glimmer of hope for the US economy, which has been…

Zomato’s ‘Pure Veg Mode’ is a new feature catering exclusively to vegetarian customers. It offers a selection of restaurants that serve only vegetarian food, ensuring no non-vegetarian items are included. This makes it easier for vegetarians to find suitable dining options without worrying about cross-contamination or accidentally ordering non-vegetarian dishes. This feature is a response to feedback from many vegetarian…

Tata Sons, the holding company of Tata Consultancy Services (TCS), has recently grabbed attention within financial circles due to its significant stake sale in TCS. This move has not only made headlines but also sparked discussions about the strategic direction of both Tata Sons and TCS within the highly competitive IT services sector. Key Points: Stake Sale Overview: Tata Sons…

In recent weeks, Ukraine has intensified its use of drones to target Russian oil refineries, causing significant disruption to Russia’s energy infrastructure. These strikes have directly impacted the refining capacity of the nation, with approximately 7% of Russian refining capacity affected in the first quarter of this year alone. One notable example is the Slavyansk refinery located in Krasnodar, a…

As the global economy grapples with various challenges, including inflationary pressures, pandemic-induced uncertainties, and geopolitical tensions, the upcoming monetary policy meetings of major central banks hold immense significance. In particular, the United States Federal Reserve, the Bank of Japan, and the Bank of England are set to convene in March 2024 to deliberate on key policy decisions that will shape…