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Battery Swapping Policy

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 Battery Swapping Policy Electric Vehicles have witnessed healthy growth as c onsumers are getting affordable eco-friendly transportation along with government incentives. The Indian EV market is still not fully grown. But it is expected to grow at a CAGR of 90% from 2021 to 2030. The market is fast expanding and is predicted to grow in value. 'Niti Aayog' plans to introduce a battery swapping policy, to overcome the lack of public charging infrastructure. Batteries account for approximately 40% of the total cost of an EV. Battery recycling can be seen as the only viable option.  As recycling can reduce the environmental impact as well as the overall cost of batteries. 'GRAVITA INDIA' is one such company that is actively involved in sustainable battery recycling. EV drivers may opt for battery swapping to replace exhausted batery blocks with freshly charged ones at swap stations, under 'Battery Swapping Policy' . This is faster than charging the vehicles. Batt

LIC IPO

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LIC IPO LIC IPO would be the biggest ever in the history of the Indian stock market. Once listed LIC market valuation would be comparable to top companies like RIL and TCS. The LIC IPO was originally planned to be launched in March. But the Russia-Ukraine crisis has derailed the plans as markets are volatile. The government has time till 20 May to launch LIC IPO. If the government misses the 12 May window, LIC would have to file fresh papers with SEBI. The officials said it would wait for the market to stabilize so that retail investors get confidence to invest in the stock market According to the norm up to 5% of an issue size is reserved for employees. 10% is reserved for policyholders.

Trade in US stocks via NSE IFSC

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 Indian Investors can trade in US stocks Investors in India will be able to trade in US stocks through the NSE International Exchange NSE IFSC).  It is a wholly-owned subsidiary of the National Stock exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks. It is in the form of depository receipts (DRs) For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan, Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Resident investors will have to open a demat account at the IFSC and the stock receipt will be considered foreign assets for filing income tax returns. Short-term capital gains will be taxed at the slab rate.  Long-term capital gain will be taxed at 20 percent with indexation.

T+1 Settlement Cycle

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  Stock Market Shifts to T+1 Cycle   Indian stock market has shifted to a shorter settlement cycle on 25th Feb 2022. In the first phase, 100 stocks based on the lowest market capitalization on NSE were put under the new settlement cycle. It means shares falling in this settlement cycle will get their money or shares delivered within 24 hours. 500 more stocks will be added on the last Friday of every month. This move of reducing the settlement cycle will increase retail participation because of more liquidity within the available funds.

Golden Rules of Success

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 Golden Rules of Success 1. Price is what you pay. Value is what you get. 2. Never invest in a business you cannot understand. 3. Risks come from not knowing what you are doing. 4. If the business does well the stock eventually follows. 5. If you are not thinking about owning a stock for 10 years, don't even think of owning it for 10 minutes.  6. Rule No. 1: Never lose money.     Rule No. 2: Never forget rule no. 1. 7. It's better to buy a wonderful company at a fair price, than a fair company at a wonderful price. 8. Never invest in borrowed money. 9. Keep realistic expectations. 10. Have a disciplined approach.

Alert LIC Policyholders For IPO

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LIC IPO ALERT POLICYHOLDERS The government currently owns 100 percent of LIC. The government intends to sell a portion of its stock to the public. In order to participate in such an IPO policyholders will need to ensure that their PAN details are updated in the records. Therefore the two things that policyholders need to be able to apply for LIC IPO 1. The policyholder's PAN should be updated on the LIC portal. 2. The policyholder should have a Demat account. HOW TO CHECK PAN-LIC STATUS 1. Click     https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus 2. Enter Policy Number, Date Of Birth, Your PAN, Enter Captcha then press Submit button. DEMAT ACCOUNT One of the pre-requisites for applying for share allotment in an IPO is Demat Account There is no need to open a new Demat Account if a LIC policyholder already has one. If you don't have a Demat Account you can open one with the Depository Participants. You can open your Demat and Trading account here https://upstox.

Non-Fungible Token (NFT)

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Non-Fungible Token (NFT) NFTs are non-fungible tokens. It basically means that it's a one-of-a-kind of digital asset that belongs to you and only you.   NFT is a digital asset that represents real-world objects, like art, music, videos and game items. They are bought and sold online.  They are encoded with the same underlying software as many cryptos. Similar to cryptocurrencies these NFTs are bought and sold on specialized platforms. What is NFT? NFT gives us a way to have clear ownership over a digital item.  It allows us to buy and sell ownership of unique digital items that keep track of who owns them by using the blockchain. It contains anything digital like painting, songs, animated GIFs, or video games. Cryptocurrency and NFTs Cryptos are fungible means they can be exchanged. NFTs are non-fungible. Fungible means replaceable by another identical item.  Token of NFT is unique and irreplaceable. NFTs are bought and sold on a digital marketplace like goods are sold on Amazon. T