Almost all the MSMEs are expected to cross the pre-pandemic level of revenue. “The overall MSME sector is expected to bounce back to 1.27 times of the pre-Covid level in terms of revenue this fiscal” said Pushan Sharma, director – research, Crisil Market Intelligence & Analytics.

The Data Protection Board of India, slated to operate as an independent body and function as a “digital office,” will be empowered to adjudicate on deciding the quantum of any such penalties. If any organisation handling personal data of users fails to “take reasonable security safeguards to prevent personal data Continue Reading

Officials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the current UPI platform. The central bank wants each bank to test the retail CBDC with 10,000 to 50,000 users for the pilot project.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

“Retail investors’ participation into these sectors (midcaps and smallcaps) have largely been aided through the IPOs which are back on track, as also with the basket-based portfolio opportunities that are provided by various platforms,” said Anand Varadarajan, director at Asit C. Mehta Financial Services.

While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on Continue Reading

“Stock investors are different from cricketers, actors and musicians. Passion remains the driving force in other disciplines like cricket, acting and music, but the lure to make big money is the first and immediate driving force for investors. But passion comes after an investor has learnt to get it right.”

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