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Introduction  Sensex and Nifty are important metrics/data that stock marketers use every day to determine market trends. But what is Sensex or Nifty? What is the difference, and most importantly, how is Nifty and Sensex calculated? To answer all of the questions, we first need to understand the concept of the Index. What Is index? To determine the market trend, the market experts cannot calculate the performance of each listed stock. That would be time-consuming and impossible as thousands of stocks are listed, and by the end of the calculation, the market trends would have changed. So, how can anyone make a spontaneous decision? With an Index value. An index picks a sample of listed companies from their respective industries that act as a representative. It is similar to choosing a few apples from the basket and not the entire store, as they would be enough to know if the Apples are overall good. This sample of listed companies is called the Index, and the companies un...

Most of us have heard of Harshad Mehta and how he committed one of the largest financial scams in the history of the Indian stock market. He was a master manipulator, and his influence over the market and other institutions helped him rig share prices. But did you know that one of his mentees, Ketan Parekh, pulled off another infamous and ruthless scam that completely shook the markets? Government agencies have estimated that the extent of the fraud could be up to Rs 40,000 crore!  In today’s article, we discuss the Ketan Parekh Scam of  2001.Who is Ketan Parekh: The Pied Piper of Dalal Street? Ketan Parekh was a Chartered Accountant (CA) by profession. He started his career in the late 1980s and initially ran a business called NH Securities— a stockbroking firm established by his father. Parekh later joined Harshad Mehta’s firm (GrowMore Research & Asset Management), where he closely observed market trends and the mindset of investors. He learnt the techniques...

Who says you can’t start a business and make a life if you don’t have any capital? Several business options known as zero investment business ideas, do not require any investment but provide excellent rewards. This article is for you if you’re looking for money-making business ideas that require no investment. What are Zero Investment Business Ideas? Zero investment business ideas are those that do not require any form of investment yet nonetheless provide a reasonable profit. These enterprises are built on your knowledge and talents, as well as your efforts and time commitment. Blogging If you know a lot about any topic and have confidence in your writing skills in that industry, blogging can be a fantastic business concept. You can make money by writing blogs for many websites. In addition, you can buy a domain for a low cost and create articles on your website to earn revenue from advertisements. 2. Affiliate marketing Affiliate marketing is marketing  in...

Online shopping has become a part of daily life for most of us today. A recent survey in 2022 reveals that over 2.14 billion people worldwide shops online, which makes 27.6% of the people out of 7.74 billion people in the world. Thus, it can be concluded that more than one out of four people shops online now.   While the number of e-commerce companies worldwide is growing fast, there are a few pioneer companies that have established themselves as the market leader in the sector, and one of them is Amazon. Amazon - About Amazon.com, Inc was launched in 1994 by Jeff Bezos in the United States. Later, it stepped into other countries to increase its market. Amazon India was started in June 2013, and sooner it became one of the biggest eCommerce platforms in India. Initially, the company started by selling books and it expanded to sell electronics, households, software, food, jewellery, and a lot more. Currently, other than being an e-commerce co...

Elon Musk has been the talk of the town for a few years. His exceptional achievement despite the odds has startled and amazed crowds of people. He is popularly known for founding SpaceX while simultaneously managing the functioning of his other company, Tesla Motors. His astonishing performance in the field has led to comparisons with Bill Gates, Steve Jobs, and others. Elon Musk’s success was well-drafted by himself despite his difficult childhood. However his relentless work ethic played a key role in the success story of Elon Musk. In this article, let us have a look into the early life, education, and the career timeline of Elon Musk. Elon Musk’s Early Life Elon Musk was born on the 28th of June in 1971. He was born in one of the three capital cities of South Africa called Pretoria. He is the oldest of three siblings. Elon Musk’s father, Errol Musk, is a successful engineer while Maye Musk, his mother, was a model and a nutritionist. His brother, Kimbal Musk is an e...

BharatPe is a QR code-based payment app for offline businessmen and retailers. The company's headquarters are in New Delhi, however, there are about 5 more BharatPe offices throughout the country. Small retailers and Kirana store owners will benefit greatly from the software, which allows users to accept UPI payments for free using the BharatPe QR code. BharatPe also offers Bharat Swipe (a POS machine) for card acceptance and small business finance, in addition to providing simple and interoperable QR codes for seamless UPI payments. Furthermore, the organization provides merchant loans of up to Rs 7 lakhs for a period of three to twelve months. The BharatPe app, which is powered by efficient QR code payments, allows users to sign in and start receiving monies in their bank accounts right away. BharatPe was founded to make payments free for all of its customers. Its goal is to assist everyone. At the time, most businesses operated within a closed ecosystem, which meant ...

Peyush Bansal, the founder and CEO of Lenskart, has had an eventful journey since starting his e-commerce venture in 2010. Bansal grew up in New Delhi India and first gained experience with online retail when he started selling used textbooks online while he was still in college. Bansal quickly realised that there was a great opportunity to create a better online shopping experience for Indian consumers and decided to launch Lenskart as an e-commerce platform specifically focused on Indian products. Initially, Bansal faced many challenges when attempting to pioneer e-commerce in India. The country is still relatively new to the digital age, and many consumers were not familiar with the concept of online shopping or how to use technology to buy products. Furthermore, there were few reliable suppliers of Indian products available online, which made it difficult for Lenskart to compete with conventional retailers. However, Bansal persevered and managed to build a successful bu...