Life Insurance Corporation will keep its offices open on March 30 and March 31 to facilitate taxpayers to complete tax saving exercise before the closing of the fiscal year. LIC's measure follows the announcement by banks that their branches will remain open on Saturday and Sunday. The RBI had earlier this month directed banks to keep their designated branches open for government transactions.
Open FlipAs the electorate prepares to vote in the upcoming general election to determine India's leadership for the next five years, market watchers often look for cues on how the results might sway sentiments. History shows us that election outcomes can significantly influence market movements. For instance, in 2004, the market dipped when the BJP lost power; in 2009.
Open FlipHitting a new milestone, Zerodha Fund House recorded a significant surge in its assets under management (AUM) from Rs 500 crore to Rs 1,000 crore in just 40 days. The fund house touched the asset base of Rs 500 crore on February 15. Zerodha Fund House is a joint venture between Zerodha and smallcase. It forayed into the mutual fund space with the launch of passive funds in October 2023.
Open Flip