HDFC Bank Sets a New Standard with the Launch of PIXEL, Its First Virtual Credit Card on Visa’s Network

Revolutionizing Digital Payments with Innovation On May 14, HDFC Bank, India’s leading private sector lender, announced a significant breakthrough in digital banking with the launch of PIXEL, its first-ever virtual credit card. Available exclusively on the Visa network, PIXEL represents a pioneering move towards customizable credit solutions tailored to the individual needs of users. PIXEL: … Read more

Bharti Airtel’s Q4 Profits Dip by 31% Amid Market Challenges

In a recent financial disclosure, Bharti Airtel reported a significant drop in profits for the fourth quarter of the financial year 2023-24. The telecom giant’s net profit plummeted by 31%, settling at ₹2,072 crore compared to ₹3,005.6 crore in the same quarter of the previous year. Despite this downturn in profits, the company saw a … Read more

Mutual Funds: The Growing Craze of SIP Investments

Mutual Funds: The Growing Craze of SIP Investments

Amidst the consistent bullish trend in the stock market, investors are increasingly turning towards Systematic Investment Plans (SIPs) under mutual funds. In the financial year 2022-23, investments in mutual funds through SIPs amounted to ₹1.56 lakh crore, marking a significant increase from ₹1.24 lakh crore in the previous year 2021-22, and ₹96,080 crore in 2020-2021. … Read more

Managing Exchange Rate Volatility: Fed’s Dilemma and Market Dynamics Unveiled

Managing Exchange Rate Volatility: Fed's Dilemma and Market Dynamics Unveiled

Highlights: Concerns Over Exchange Rate Volatility: Federal Reserve officials are worried about stalled progress on exchange rate volatility, prompting discussions on the need for a prolonged period of strict monetary policy to control price increases. Uncertainty Over Exchange Rate Stability: There is uncertainty among policymakers about whether high exchange rates will persist, with recent data … Read more