Shoonya Blog
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Shoonya is amongst India's fastest growing FinTech company, offering financial services ranging from zero brokerage, zero clearing, zero account opening, zero AMC to name a few. The company has advised institutional clients on their investments in fourteen countries while also acting as a one-stop shop for Foreign Portfolio Investors (FPI) Who seek to invest in the Indian markets.
Shoonya Blog
10h ago
Have you ever thought about the history behind the household brands your family has relied on for years? From the coconut oil endorsed by our grandmothers to the health-conscious preference for Saffola refined oil. And what about products like Mediker anti-lice treatment and Livon hair serum? But did you know these household staples and more are all products of a single company? That’s right, Marico Limited it is.
Let us walk you through the history of Marico Limited today.
Table of Contents
Marico Limited Company Profile
Year-by-Year Advancements: History of Marico Limited
Company Profile ..read more
Shoonya Blog
15h ago
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As investors, we often have different priorities. Some look for ways to earn a lump sum, while others look for ways to earn regular returns. Do you belong to the second category? By regular intervals, we mean monthly, quarterly, or yearly from your initial investment amount. When we talk about investing in small amounts, we all know about SIP- a Systematic Investment Plan in mutual funds. But, when it comes to a similar method that lets you withdraw at regular intervals, i.e. SWP (Systematic Withdrawl Plan) in mutual funds.
Now, what is SWP in Mutual Fund
Let us take a look!
Table of Co ..read more
Shoonya Blog
15h ago
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Imagine a scenario where every mother, regardless of her socio-economic background, receives the care and assistance she deserves during one of life’s most crucial phases—pregnancy! We often have such thoughts when we hear about women delivering babies on footpaths or losing babies due to a lack of facilities. The Pradhan Mantri Matru Vandana Yojana (PMMVY) paints this very picture, ensuring that women have access to essential healthcare services, nutrition, and financial assistance during pregnancy and childbirth.
The journey of motherhood is a big step, full of excitement and happiness ..read more
Shoonya Blog
15h ago
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SEBI (Securities and Exchange Board of India) has made significant changes affecting index funds and Exchange Traded Funds. The new rules allow these passive funds to invest more in group companies of their sponsors. This move, announced on April 30, aims to align passive funds more closely with their benchmark indices. Additionally, SEBI is tightening regulations to catch market abuses like front-running, signalling a proactive approach towards investor protection. How do all these changes affect you?
Let’s take a look!
Table of Contents
SEBI Rules for Index Funds and ETFs| Key Highl ..read more
Shoonya Blog
3d ago
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Are you one of those individuals who is often confused when someone at your office or in your friend circle begins talking about TDS or TCS? These two types of tax systems seem to confuse most of us. TDS means Tax Deducted at Source, and TCS means Tax Collected at Source, but what exactly is the key difference between TDS and TCS?
Let us understand TDS vs TCS today.
Table of Contents
What is TDS?
Types of TDS
TDS Rate Chart for FY 2024-2025
Due Dates for Filing of Quarterly TDS Statements
What is TCS?
Due Dates for filing of Quarterly TCS Statements:
Difference Between TDS and T ..read more
Shoonya Blog
3d ago
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Most of us nowadays are looking for additional sources of income. One common avenue we consider is investment. When it comes to investing, there are two main approaches: active and passive. Active investing means when you try to beat the market, while passive investing aims to mirror the performance of a specific market index. How do you decide which strategy is suitable for you: active or passive investment? And why do most people begin with passive investing?
Let us understand it today!
Table of Contents
Understanding Passive Investing
What is a Passive Investment Strategy?
What are ..read more
Shoonya Blog
1w ago
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Zandu Balm is often the go-to remedy for headaches among our parents and grandparents. Products like BoroPlus, Navratna, and Fair and Handsome have become our favourites. But have you ever wondered about the backstory of these cherished products? The masterminds behind these brands are two childhood friends, Mr R S Agarwal and Mr R S Goenka. They formed Emami Limited, a company synonymous with trust and quality in the Indian FMCG sector.
Join us as we journey through the history of Emami Limited.
Let us trace how an idea between two friends has blossomed into a business with a presence i ..read more
Shoonya Blog
1w ago
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SEBI, the capital markets regulator in India, has issued a new circular. As per the new regulation, SEBI expands cross margin benefits to include offsetting positions with different expiry dates. This change, which will be effective from July 23, 2024, aims to safeguard investor interests and regulate the securities market. Let us take an in-depth look at the latest updates on the cross margining.
Key Highlights of SEBI Circular on Cross Margin Benefits
Cross-margin benefits extended to offsetting positions with different expiry dates.
Spread margin of 40% for correlated indices with va ..read more
Shoonya Blog
1w ago
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Are you someone who has always used “trading” and “investing” interchangeably? Today, you’ll likely have an “aha” moment when we will tell you the huge difference between trading and investing. These two terms often confuse most of us. But they cannot be used interchangeably as they hold different meanings!
Let’s walk you through trading vs investing!
Table of Contents
What is Investing?
Example of Investing
What is Trading?
Example of Trading
Trading vs Investing| Path to Financial Growth
Trading vs Investing| How Do They Differ?
Time Horizon
Objective
Focus
Frequency of Activ ..read more
Shoonya Blog
1w ago
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The Reserve Bank of India (RBI) has set the premature redemption price for Sovereign Gold Bonds (SGBs) due on April 23, 2024. This announcement is significant for those holding SGBs, as it provides clarity on the redemption value and aligns with the bond’s conditions.
Let us see what is the latest sovereign gold bond redemption price and its calculation!
Latest RBI Update on Sovereign Gold Bonds (SGBs)
Government of India Notifications allow premature redemption of Sovereign Gold Bonds (SGB) after the fifth year from the issuance date. This helps in aligning with the interest payment da ..read more