Author: Legal Parivar

Market volatility is a familiar aspect of the Indian stock market, characterized by rapid and unpredictable price fluctuations. While volatility can present opportunities for profit, it also poses risks for investors. In this article, we’ll explore strategies that every Indian stock investor can employ to navigate market volatility effectively. Understanding Market Volatility in India:In the context of India, market volatility can be influenced by a range of factors, including domestic economic indicators, geopolitical events, government policies, corporate earnings reports, and global market trends. The Indian stock market, represented by indices like the BSE Sensex and NSE Nifty, is known for…

Creating a detailed budget is the cornerstone of sound financial management. It empowers individuals to take control of their finances, prioritize spending, and work towards achieving their financial goals. In this article, we’ll explore the importance of creating a detailed budget and provide practical tips for mastering this essential skill. Why Create a Detailed Budget?A detailed budget serves as a roadmap for managing your finances effectively. Consider the case of Alex, a recent college graduate navigating the complexities of adulthood. By creating a detailed budget, Alex gained insight into his income, expenses, and spending habits, enabling him to make informed…

Life is full of uncertainties, and unexpected expenses or financial emergencies can arise when least expected. That’s why having an emergency fund is essential for maintaining financial stability and peace of mind. In this article, we’ll explore the importance of building an emergency fund and provide practical tips for creating and growing your financial safety net. Why Do You Need an Emergency Fund?An emergency fund serves as a financial safety net to cover unexpected expenses such as medical emergencies, car repairs, home maintenance, or sudden job loss. Without an emergency fund, individuals may find themselves relying on high-interest credit cards…

Managing personal finances becomes particularly crucial during major life events such as marriage, divorce, having children, job loss, or starting a business. These events can significantly impact one’s financial situation, requiring careful planning and decision-making to navigate through successfully. Marriage marks the union of two individuals and often involves combining finances. It’s essential for couples to have open and honest discussions about money, including budgeting, saving, and financial goals. Creating a joint budget can help manage expenses and allocate resources effectively. Additionally, couples may need to update their insurance policies, beneficiary designations, and estate plans to reflect their new marital…

Former India captain Sourav Ganguly criticized the fans for booing Mumbai Indians skipper Hardik Pandya, stating that it’s unfair to blame the player for replacing the beloved Rohit Sharma, who led the team in previous seasons. Pandya faced backlash from fans ever since Mumbai Indians announced him as the captain of the five-time champions. He was booed during the first game he played as MI skipper, even at his previous franchise’s home ground in Ahmedabad, Gujarat Titans. The negative reception continued when Pandya played against Sunrisers Hyderabad in Hyderabad, and surprisingly, he was also booed during Mumbai Indians’ first home…

Gland Pharma Limited, a pharmaceutical company specializing in generic injectables, has obtained approval from the United States Food and Drug Administration (USFDA) for Eribulin Mesylate Injection, 0.5 mg/mL Single Dose Vial. In a statement, the company announced that this product is anticipated to be the first generic approval in the market, with plans for imminent launch through its marketing partner. According to IQVIA, the product has recorded US sales of approximately USD 92 million for the twelve months ending in February 2024. Collaborating with Orbicular Pharmaceutical Technologies Private Limited, Gland Pharma is co-developing various complex injectables, including Eribulin Mesylate Injection.…

United Breweries Limited disclosed on Friday, April 5, that it has received a tax demand totaling Rs 263.72 crore from the Maharashtra State Goods & Service Tax (GST) Department. As per regulatory filings, the GST department issued an order under Section 9(2) of the Central Sales Tax Act, 1956, imposing an additional tax amounting to Rs 119.8 crore, along with interest of Rs 115 crore and a penalty of Rs 28.8 crore, totaling Rs 263.7 crore for the financial year 2020. This demand order arises from a 60 percent central sales tax (CST) imposed on debit notes issued by UBL…

All 21 employees at SAIL’s Bokaro steel plant, who were placed under medical observation following a fire outbreak on Saturday morning, are reported to be in stable condition, according to an official statement. This precautionary measure was taken as they were exposed to smoke, the official noted. The Steel Authority of India Ltd (SAIL) official confirmed that there were no fatalities resulting from the incident. Referring to a medical bulletin issued by the Bokaro General Hospital, where the affected employees were admitted, the official stated, “21 employees, including some contract workers, are currently under observation. They are all in stable…

On April 6, Bajaj Finance announced to the stock exchanges that its subsidiary, Bajaj Housing Finance, has informed the BSE on April 5 regarding its efforts to meet mandatory regulatory requirements after being designated as a Non-Banking Financial Company (NBFC) – Upper Layer by the Reserve Bank of India (RBI). Bajaj Housing Finance conveyed to the BSE that its Board of Directors will meet on April 24 to deliberate on strategies for fulfilling the compulsory listing requirement. The company emphasized that it will explore various options, considering the current market conditions. As per the RBI’s classification outlined in a press…

In preparation for the upcoming General Elections, the Indian National Congress (Congress) has disclosed its roster of candidates for several Lok Sabha seats, including Goa North, Goa South, Morena, Gwalior, Khandwa, and Dadra & Nagar Haveli (ST). Ramakant Khalap has been nominated by the Congress to contest from the Goa North constituency, while Capt. Viriato Fernandes will represent the party in the Goa South Lok Sabha seat. In Madhya Pradesh, Satyapal Singh Sikaewar has been selected as the Congress candidate for the Morena constituency, while Praveen Pathank and Narendra Patel will be contesting from Gwalior and Khandwa, respectively. In the…