Bharat: India’s New Cooperative Taxi App Set to Challenge Ola and Uber

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5 Key Takeaways

• Eight major cooperatives have joined to launch the 'Bharat' taxi service to compete with Ola and Uber.
• The initiative has Rs 300 crore authorised capital and is fully funded by the cooperatives, with no government stake.
• 200 drivers from Delhi, Gujarat, Uttar Pradesh, and Maharashtra are already onboard.
• The service aims to offer better returns for drivers and provide affordable, safe rides for passengers.
• A pan-India ride-hailing app is being developed, with a cooperative pricing model and expansion plans underway.

A New Taxi Service is Coming: ‘Bharat’ to Take on Ola and Uber
Big news for anyone who uses ride-hailing apps in India! A brand-new taxi service called ‘Bharat’ is set to launch by the end of this year, and it’s aiming to give big players like Ola and Uber some serious competition. But what makes Bharat different? It’s not run by a private company, but by a group of eight major cooperatives from across the country.
Who’s Behind Bharat?
The Bharat taxi service is being launched by the Multi-State Sahakari Taxi Cooperative Ltd, which was officially registered on June 6. This cooperative brings together eight well-known organizations, including the National Cooperative Development Corporation (NCDC), Indian Farmers Fertilizer Cooperative Ltd (IFFCO), and the Gujarat Cooperative Milk Marketing Federation (GCMMF), among others. These are big names in India’s cooperative sector, and they’re pooling their resources to make this new service a reality.
Why Start a New Taxi Service?
The main goal of Bharat is to create a fairer system for drivers and passengers. According to Rohit Gupta, Deputy Managing Director of NCDC, the idea is to ensure drivers get better earnings, while passengers enjoy safe, reliable, and affordable rides. Unlike Ola and Uber, which are private companies, Bharat is fully owned and funded by the cooperatives themselves—there’s no government money involved.
Where Will Bharat Operate?
Bharat is starting strong, with 200 drivers already signed up across four states: Delhi, Gujarat, Uttar Pradesh, and Maharashtra (50 drivers in each state). The cooperative is also reaching out to other organizations to expand even further.
How Will It Work?
Bharat is currently looking for a technology partner to build its ride-hailing app, which is expected to be ready by December. The app will work across India, just like Ola and Uber. Experts from IIM-Bangalore are helping to design the marketing strategy, so you can expect to hear a lot more about Bharat soon.
What’s Different About Bharat?
One of the biggest differences is the cooperative pricing model. This means the service is designed to benefit both drivers and passengers, rather than just making profits for a company. Membership drives are already underway to get more drivers on board.
The Bottom Line
With Rs 300 crore in authorized capital and the backing of some of India’s biggest cooperatives, Bharat is gearing up to shake up the taxi market. If you’re looking for a new way to get around—and want to support a service that puts drivers and passengers first—keep an eye out for Bharat later this year!

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July 2025 Jobs Report Sparks Recession Fears: Is Trouble Ahead for the U.S. Economy?

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5 Key Takeaways

• US job growth slowed sharply in July 2025, with only 73,000 jobs added—the weakest monthly gain in over two years.
• The unemployment rate rose to 4.2%, and major downward revisions to May and June job data revealed earlier growth was overstated.
• Key sectors like retail, tech, and manufacturing are experiencing significant hiring slowdowns and layoffs.
• President Trump's 2025 tariffs have raised costs for businesses and consumers, adding to inflation and economic risks.
• The Federal Reserve faces increased pressure to adjust interest rate policy as labor market weakness raises recession fears.

Is the U.S. Economy Headed for Recession? July 2025 Jobs Report Raises Red Flags
The latest U.S. jobs report for July 2025 has sent shockwaves through Wall Street, government offices, and even regular households. For months, America’s job market seemed strong, helping the country bounce back from the pandemic. But the new numbers are raising serious concerns that the world’s largest economy could be heading for a recession.
What’s in the July 2025 Jobs Report?
According to the Bureau of Labor Statistics, only 73,000 new jobs were added in July—the smallest monthly increase in over two years. To make matters worse, the unemployment rate ticked up to 4.2%. While that might not sound huge, it’s a sign that fewer people are finding work, and more are losing jobs.
Even more worrying, the government revised its earlier job numbers for May and June, cutting a combined 90,000 jobs from previous estimates. This means the job market wasn’t as healthy as we thought earlier this summer.
Why Does This Matter?
The job market is often seen as the backbone of the economy. When hiring slows and unemployment rises, people have less money to spend, businesses make less money, and the whole economy can start to shrink. Sectors like retail, tech, and manufacturing are already reporting layoffs and hiring freezes.
At the same time, inflation is still higher than the Federal Reserve would like, running between 2.6% and 2.8%. This puts the Fed in a tough spot: if they cut interest rates to help jobs, inflation could get worse. If they keep rates high to fight inflation, it could make the job market even weaker.
What’s Making Things Worse?
President Trump’s new tariffs in 2025 have also made things harder. These tariffs are basically taxes on imported goods, and they’ve reached their highest level in over 100 years. This means higher prices for businesses and consumers, which can slow down spending and lead to more job losses.
What’s Next?
Financial markets reacted quickly to the bad news, with stock prices dipping and investors worrying about what’s ahead. Economists say the next few months will be critical. If hiring doesn’t pick up and unemployment keeps rising, a recession could be around the corner.
For now, everyone—from the Federal Reserve to everyday workers—is watching closely. The hope is that this is just a temporary slowdown, but the warning signs are getting harder to ignore.

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India's Rail Tech Revolution: Companies to Watch

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All Aboard the Future! India's Railways Are Getting a High-Tech Makeover – And These Companies Are Leading the Charge!
Hey there, future-focused readers! When you think about cutting-edge technology, your mind might jump to electric cars or fancy gadgets. But what if I told you one of India's oldest networks is quietly undergoing a massive tech revolution? That's right, our very own Indian Railways!
The government has a grand vision: to make our trains faster, safer, and smarter. This isn't just about laying new tracks; it's about upgrading everything from how trains communicate to how they avoid accidents. Think digital control systems replacing old ones, and a special Indian-made safety system called KAVACH designed to prevent collisions and reduce human error.
This huge push for electrification (powering trains with electricity), automation (making systems work by themselves), and using Indian technology is creating a golden opportunity for companies involved in railway electronics, signaling, and safety. While many companies are jumping on this "tech express," here are five key players to keep an eye on:


RailTel Corporation: The Digital Backbone
    This government company is like the IT department for Indian Railways. They provide broadband, telecom, and digital solutions that modernize train operations and safety. They're heavily involved in KAVACH projects and are building the digital infrastructure that makes smart railways possible. They've got a huge pipeline of future projects, showing their strong position.


HBL Engineering: The KAVACH Pioneer
    Originally known for batteries, HBL has smartly shifted focus to specialized engineering, including railway electronics. They were the first company to get the official approval for the latest version of the KAVACH system, giving them a significant lead. They have a massive order book for KAVACH, even though some project delays have affected recent sales.


Kernex Microsystems: The Safety Specialist
    Unlike some others, Kernex is almost entirely dedicated to railway safety and signaling. They're experts in making and installing KAVACH (their version is called TCAS) and have a strong in-house research team. Their revenue has shot up thanks to railway orders, and they have many more projects lined up, though like any big project, they face risks of delays.


Siemens: The Global Giant with a Local Focus
    You might know Siemens for many things, but they're a major player in rail technology too. They're building powerful locomotives, working on metro systems, and contributing to signaling improvements like KAVACH. While their overall business is diverse, their "Mobility" division is seeing huge growth in railway orders, showing their commitment to India's rail future.


Jupiter Wagons: The Wagon Powerhouse
    Jupiter Wagons is all about the physical side of railways – manufacturing freight wagons, brake systems, and even wheels. They're a leading supplier of wagons and are making a massive investment in a new facility to produce wheel sets, which will significantly boost their future earnings. They're also exploring electric vehicles, but railways remain their core strength.


The Bottom Line:
India's railway tech sector is truly at a turning point, moving from the background to the forefront of innovation. While the excitement around new projects and big orders is real, it's crucial for anyone interested to look beyond the headlines. Always research a company's financial health, how well they execute projects, and their overall strategy before making any decisions. This "tech express" offers exciting potential, but a smart investor always checks the tracks carefully!

Disclaimer: This blog post is for informational purposes only and should not be considered investment advice. Always consult with a qualified financial advisor before making any investment decisions. We have simplified complex financial terms for easier understanding.

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Bill Gates' $52 Billion 'Loss': The Best Reason Ever

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## The Shocking Reason Bill Gates Just Lost $52 Billion and His Top 10 Spot!

Imagine waking up one day to find out you've lost a staggering $52 billion. For most of us, that's an unimaginable sum. But that's exactly what happened (in a financial sense) to Bill Gates, the co-founder of Microsoft, who recently dropped out of the world's top 10 richest people.

According to the Bloomberg Billionaires Index, Gates saw his net worth plummet by this incredible amount in just one week, marking a 30% drop in his fortune. He went from being the 5th richest person on the planet to the 12th. His personal wealth, which was nearly $175 billion, is now estimated at $124 billion.

But here's the twist, and it's a truly inspiring one: this wasn't a financial disaster in the usual sense. A huge chunk of this "loss" is actually due to his incredible, ongoing commitment to philanthropy. Gates has been pouring billions into the Bill & Melinda Gates Foundation, which aims to tackle some of the world's biggest problems, from global health to poverty.

As of late 2024, Gates and his former wife, Melinda French Gates, had jointly contributed an extraordinary $60 billion to the foundation. Gates has publicly stated his goal to give away almost all of his wealth within the next two decades, with the foundation projected to disburse over $200 billion by 2045. Analysts have even adjusted how they calculate his wealth growth to better reflect the sheer scale of his giving.

So, who stepped into his former fifth-place spot? None other than his former assistant and fellow Microsoft CEO, Steve Ballmer. While Gates is still incredibly wealthy, his move down the list highlights the dynamic nature of extreme wealth and, in his case, the powerful impact of intentional giving. The top spots are now held by familiar names like Elon Musk, Mark Zuckerberg, and Jeff Bezos, but Gates' story stands out.

This isn't a story of financial ruin, but rather a powerful testament to Bill Gates' dedication to using his fortune for global good. It's a reminder that for some, immense wealth isn't just about accumulation, but about making a lasting, positive impact on the world.

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Nvidia's $4 Trillion AI Empire: Almost as Rich as India!

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The Chip Giant That's Almost as Rich as India! Nvidia's Staggering Rise

Ever wonder how big a company can get? Well, get ready to have your mind blown by Nvidia, the tech world's current superstar. This week, the chipmaking titan hit a mind-boggling **$4 trillion in market value** – that's how much the company is worth if you add up all its shares.

To put that into perspective, Nvidia is now just a tiny 5% away from surpassing **India's entire economy**, which the IMF estimates at around $4.2 trillion for 2025. Think about that: one company, almost as valuable as everything a nation of over a billion people produces in a year!

Nvidia's incredible surge is largely thanks to the massive boom in **Artificial Intelligence (AI)**. Their specialized chips are the backbone of most AI systems, making them indispensable for everything from advanced chatbots to self-driving cars. This huge demand has sent their stock soaring. On Wednesday alone, their shares jumped nearly 3% on the stock market, hitting their highest price in a year. Over the past year, the stock has soared by over 24%, and it's already up 18% this year, far outpacing the general tech market.

But Nvidia isn't just about hardware. They're also making moves in software. Recently, Perplexity AI, a company backed by Nvidia, launched **'Comet,' a brand-new web browser**. Comet isn't just another browser; it aims to challenge Google Chrome's dominance by integrating powerful AI. Imagine a browser that can not only search but also compare products, summarize articles, book meetings, and even handle complex tasks for you, all through simple conversations. It's designed to be an 'agentic AI' – an AI that can think and act on your behalf. This is a bold move, considering Google Chrome currently holds a massive 68% of the global browser market.

This expansion into browsers shows Nvidia's ambition to grow beyond its core chip business. Already, Nvidia is more valuable than other tech giants like Microsoft ($3.7 trillion) and Apple ($3.1 trillion). The broader stock market also saw positive trends, reflecting investor confidence in the tech sector.

Nvidia's journey to a $4 trillion valuation is a testament to the transformative power of AI and the company's strategic vision. It highlights how quickly technology can reshape global economics. As AI continues to evolve, it seems Nvidia is poised to remain at the forefront, constantly pushing boundaries and redefining what a single company can achieve.

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The Brain Drain at Musk's Empire

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Why Are So Many Top Executives Leaving Elon Musk's Empire?

Imagine running some of the world's most innovative companies – Tesla, SpaceX, and X (formerly Twitter). Now imagine a steady stream of your top leaders walking out the door. That's the challenge facing Elon Musk right now, as his business empire grapples with a wave of high-profile resignations.

The latest and perhaps most surprising departure is Linda Yaccarino, who just stepped down as CEO of X after a little over two turbulent years. She was brought in specifically to win back advertisers and stabilize the platform after Musk's takeover caused a lot of chaos. Her mission was to transform X into an "Everything App," but her sudden exit signals ongoing struggles with internal tensions, advertisers fleeing, and users losing trust.

But Linda's exit isn't an isolated incident. In the past year alone, a staggering fourteen other senior executives from Tesla, SpaceX, and X have also left their high-powered roles. These aren't just any employees; they're the brains behind critical projects, from Tesla's electric vehicles and advanced batteries to SpaceX's commercial launches and X's global policies.

So, what's driving this mass exodus? The reasons are varied but point to a common theme: a challenging work environment under Musk. Many departing leaders have cited disagreements over company strategy, especially as Musk increasingly blends his business ventures with his political views. Others mention internal tensions, project delays, and a general sense of instability.

For instance, the head of Tesla's Optimus robot program reportedly left due to funding issues, while the person overseeing X's data privacy efforts departed amid concerns about the platform's reduced focus on user privacy. Even the head of infrastructure engineering at Musk's AI company recently jumped ship to OpenAI. Other key departures include leaders in Tesla's sales, HR, battery technology, and the program manager for the Cybertruck, as well as top figures in SpaceX's commercial sales and X's content and operations.

This pattern of high-level departures raises serious questions about Elon Musk's ability to keep top talent. As his companies become more intertwined with his personal brand and political ambitions, industry watchers are wondering if his leadership style is sustainable for retaining the brilliant minds needed to run such complex and ambitious ventures. It's a critical moment for Musk's empire, and how he addresses this talent drain will shape its future.

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Noida: India's Japan?

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Noida's Shocking Secret: An Indian District That Earns Like Japan!

Hey there, ever heard of a place in India that's so rich, its average income per person is comparable to a developed country like Japan? Sounds wild, right? Well, get ready to be surprised, because that's exactly the story of Gautam Buddha Nagar, the district home to Noida and Greater Noida in Uttar Pradesh.

This isn't just a small difference; it's a massive leap. According to recent reports, GB Nagar boasts an incredible per capita income (that's income per person) of ₹10.17 lakh. To put that in perspective, it's more than ten times the average income for the entire state of Uttar Pradesh! And when you adjust for purchasing power – meaning what your money can actually buy in that region – this figure puts GB Nagar right up there with Japan. Imagine, a district in UP, matching an economic giant like Japan in terms of individual earning power!

But the district's economic muscle doesn't stop there. GB Nagar contributes over 10% of Uttar Pradesh's entire economic output, with its GDP (Gross Domestic Product, the total value of goods and services produced) hitting a whopping ₹2.63 lakh crore in 2023-24. That's double the size of Lucknow's economy, the state capital, and even bigger than the entire state of Himachal Pradesh!

This incredible success story, however, highlights a stark contrast within UP itself. While GB Nagar thrives, other districts lag far behind. Lucknow, for instance, has a per capita income of ₹2.16 lakh, which is closer to India's national average. Districts like Ghaziabad (₹2.11 lakh) are comparable to Morocco, while Hamirpur (₹1.46 lakh) mirrors Côte d’Ivoire, and Sonbhadra (₹1.44 lakh) is on par with Pakistan. At the very bottom, places like Pratapgarh, Jaunpur, and Ballia have incomes similar to Afghanistan or Mali.

It's truly a tale of two UPs. The top 5 districts, including GB Nagar, Lucknow, Ghaziabad, Agra, and Kanpur, collectively generate over a quarter of the state's wealth. Meanwhile, the bottom 5 districts combined contribute less than 2.5%. GB Nagar's income per person is five times higher than Lucknow's and an astonishing 23 times higher than Pratapgarh, the poorest district. Shravasti, one of the poorest, has a GDP 30 times smaller than GB Nagar's.

So, what makes GB Nagar such an outlier? Its strategic location near Delhi plays a huge role, along with well-planned infrastructure, massive private sector investments, and a consistent focus on industrial and IT growth. It's become a magnet for real estate, electronics manufacturing, data centers, and logistics, all fueling this rapid income boom.

Gautam Buddha Nagar stands as a shining example of economic potential, proving that with the right focus and investment, incredible growth is possible. It's a fascinating case study that shows both the immense possibilities and the significant disparities that exist within our diverse nation.

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Debt Bomb: Invest Smart, Not Scared

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Is the World's Debt Bomb Ticking? What It Means for Your Investments

Imagine a country owing so much money that just the interest payments are more than its entire defense budget. That's the reality for the United States right now, with its national debt soaring to a staggering $36 trillion – a level not seen since the end of World War II. This isn't just America's problem; it's a ticking global time bomb, and yes, India is well within its blast radius.

**The Debt Spiral Explained**

So, how did we get here? Decades of unchecked spending, tax cuts, and popular political moves have bloated the US balance sheet. Now, the US central bank is trying to fight rising prices (inflation) by increasing interest rates. But here's the catch: higher interest rates make it less attractive for big investors, like China and Japan, to lend money to the US. This forces America to borrow at even higher rates, leading to more debt and even bigger interest payments. It's a vicious cycle, and the illusion that the US has everything under control is fading fast.

Every time the interest rates on long-term US government bonds hit new highs, we in emerging markets like India feel the heat. Why? Because global money tends to rush towards the US, seen as a safer haven, leaving other markets vulnerable.

**India's Connection**

India, like the rest of the world, is deeply connected to this global financial system through trade and investments. We've seen the impact before: in 2008 during the global financial crisis, and again in 2013 and 2022, foreign investors quickly pulled their money out of India. When the US dollar strengthens, our Rupee weakens, making imports more expensive, pushing up Indian bond yields, and causing our stock markets to tremble. Our stock market's total value, compared to our economy, is already flashing a warning sign.

While India's economy is much stronger today – thanks to a disciplined central bank, healthy reserves, and strong consumer spending – we can't afford to be complacent. This time, the US doesn't have the easy option of just printing more money to solve its problems, a trick that helped in 2008. The "monster" of debt has grown too big.

**What Smart Investors Are Doing**

If you're an investor, this isn't the time to gamble. It's time to rethink your strategy. Here's what smart money is doing:

*   **Investing in Gold and Silver:** These precious metals historically perform well when traditional currencies are under pressure. Silver, in particular, is often undervalued.
*   **Choosing Quality Stocks:** Focus on big, stable companies that can handle rising costs and have strong finances.
*   **Using Smart Funds:** Consider funds that automatically adjust your investments based on market conditions, managing risk intelligently.
*   **Cutting Down on Borrowed Money:** Avoid using loans to invest, as this magnifies your risk.

**What to Avoid:**

*   **Risky, Trendy Stocks:** These are the first to crash when markets panic.
*   **Too Much in Small Companies or Leveraged Positions:** These can amplify your losses.
*   **Blindly Following Fads:** Don't invest just because everyone else is; understand the basics first.

The fuse is lit. Debt is a silent thief, slowly eroding future prosperity. Markets don't punish those who are careful; they punish those who are late. Smart money moves early – it doesn't panic, it prepares. So, stay ahead, stay sharp, and most importantly, stay invested wisely, not exposed to unnecessary risks.

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Haryana unveils ₹15,000 crore Rapid Rail Plan connecting Gurugram to Greater Noida

All About Management

Gurugram, India: In a significant boost to regional connectivity within the National Capital Region (NCR), the Haryana government is reportedly advancing plans for an ambitious ₹15,000 crore high-speed train corridor. This transformative project aims to link Gurugram to Greater Noida, with a crucial stop in Faridabad, promising to drastically cut travel times and unlock new avenues for economic development across the region.

The proposed high-speed rail line is envisioned as a critical artery for commuters and businesses alike, connecting three major urban and industrial hubs. Gurugram, a prominent financial and technology hub; Faridabad, a key industrial city; and Greater Noida, an emerging educational and industrial center, are all set to benefit from this ultra-modern transportation link. The project underscores Haryana's commitment to developing world-class infrastructure that supports rapid urbanization and seamless inter-city movement.

While details on the project's timeline and specific technological specifications are still emerging, the sheer scale of the investment signals a strong intent to implement a state-of-the-art rail system. Such high-speed corridors are instrumental in decongesting existing road networks, reducing pollution, and fostering a more integrated economic landscape by bringing distant areas closer in terms of travel time. This initiative aligns with India's broader vision of enhancing its rail infrastructure to meet the demands of a growing economy and population.

"The proposed ₹15,000 crore high-speed rail link connecting Gurugram, Faridabad, and Greater Noida is a game-changer for the NCR's urban development," stated Mrs. Mamta Shah, MD & CEO, Urban Infra Group. "This project is not just about faster travel; it's about creating a more cohesive economic zone, attracting investments, and significantly improving the quality of life for millions of commuters. Such regional high-speed corridors are essential for unlocking the full potential of our metropolitan areas and setting new benchmarks for integrated urban mobility."

The development of this high-speed corridor is expected to spur further growth in real estate, commercial activities, and industrial development along its route. It will also provide a much-needed alternative to road travel, which is often plagued by heavy traffic congestion in the NCR. As India continues to invest heavily in modernizing its transportation backbone, projects like the Gurugram-Greater Noida high-speed train are pivotal in transforming regional connectivity and fostering sustainable urban growth. The successful implementation of this project could serve as a blueprint for similar high-speed inter-city connections across other densely populated corridors in the country.

Power of Rs 1,50,000 PPF Investment... In Generating a Stable Income

Lessons in Investing

On a side note:

If you want to do this math yourself in an excel sheet, do check this Excel sheet out.

How many years will it take to generate Rs 85,000/month tax-free income from Public Provident Fund?

To earn Rs 85,000 per month from a PPF, one must start with an investment of Rs 1.50 lakh every year and continue it until the 15-year maturity period is reached. Later, you can extend the account for blocks of 5 years each to reach your target corpus. Let’s understand it with the help of calculations.

The PPF is a government-backed investment scheme, which makes it secure to invest in. The returns are assured by the Government of India, providing a reliable option for investors, but remember you can hold a PPF account in only one individual's name. The Public Provident Fund also enjoys an Exempt-Exempt-Exempt (EEE) tax status. 

Which means, investments of up to Rs 1.5 lakh annually are deductible from your taxable income, the interest earned on the PPF is tax-free, and the maturity proceeds, including the principal and interest, are also exempt from taxation. Go through the article to figure out how you can get Rs 85,000/month tax-free income from Public Provident Fund.

1/14: What is Public Provident Fund?

As mentioned above, Public Provident Fund, which is popularly known as PPF, is a long-term, government-backed savings scheme in India. It is designed to encourage consistent savings for the golden years. The PPF scheme has a fixed tenure of 15 years, with the option to further extend it in blocks of 5 years. 

2/14: What are advantages of PPF?

It offers guaranteed returns.
Public Provident Fund is open to all individuals, including those who are employed or self-employed.
Parents or guardians can open a PPF account for minors.

3/14: What are withdrawal rules in PPF account before maturity period?

You can make one withdrawal per year after completing 5 years from the date of account opening.
Note that the 5-year lock-in period includes the year of account opening.
For example, if you opened your PPF account in 2024-25, you can make your first withdrawal in 2030-31 or later.

4/14: How much can you withdraw from PPF?

When making a withdrawal from your Public Provident Fund (PPF) account, there are specific limits to keep in mind:

5/14: Public Provident Fund withdrawal limit

You can withdraw up to 50 per cent of the balance at the end of the 4th preceding year or the end of the preceding year, whichever is lower.
For example, if you are making a withdrawal in the financial year 2024-25, you can withdraw up to 50 per cent of the balance as of March 31, 2023, or March 31, 2024, whichever is lower.

6/14: What happens to your PPF account after 15 years?

After completing the initial 15-year maturity period, you have the flexibility to manage your Public Provident Fund (PPF) account as follows:
You can choose to continue your account with or without making further deposits.
This allows you to extend the benefits of your PPF account beyond the initial maturity period.

7/14: How to get Rs 85,000/month income from PPF?

To generate Rs 85,000 per month from a PPF, you have to begin with an investment of Rs 1.50 lakh every year and continue it until the 15-year maturity period. Later, you can extend the account for blocks of 5 years each for maximum return. 

8/14: How many years will it take to build Rs 85,000/month tax free income?

It will approximately take 29 years to reach this target corpus.

9/14: What will be PPF corpus after 15 years?

The investment amount in 15 years will be Rs 22,50,000, the estimated interest will be Rs 18,18,209, and the estimated maturity will be Rs 40,68,209. The investor can take an extension of 5 years and keep investing Rs 1.50 lakh a year in the same way as before.

10/14: What will be PPF corpus after 20 years?

In 20 years, the total investment will be Rs 30,00,000, the estimated interest will be Rs 36,58,288, and the estimated corpus will be Rs 66,58,288. At this stage, the investor can take another extension of 5 years and continue the practice of investing Rs 1.50 lakh a year. 

11/14: What will be PPF corpus after 25 years?

In 25 years, the total investment will be Rs 37,50,000, the estimated interest will be Rs 65,58,015, and the estimated corpus will be Rs 1,03,08,015.

12/14: What will be PPF corpus after 29 years?

In 29 years, the total investment will be Rs 99,26,621, the estimated interest amount will be Rs 99,26,621, and the estimated corpus will be Rs 1,42,76,621. 

13/14: What is next step after 29 years of investment?

From here onwards, account holders can start withdrawing interest on the entire corpus. During extensions, the account holder is allowed to withdraw the interest amount once a year.  

14/14: What will be your interest amount?

At a 7.1 per cent interest rate, the interest in a year will be Rs 11,89,718, which will be equal to Rs 85,000 a month.

Ref

Tags: Investment,Finance,

Accenture's Gen AI bookings increase 7% to $1.5 billion in Q3FY25

All About Management

Meanwhile, the company said its revenue from Gen AI is now upwards of $1 billion year-to-date. Accenture follows a September-August financial year.

Information technology (IT) major Accenture, on June 20, reported $1.5 billion in new Generative AI (Gen AI)-related bookings in the third quarter of fiscal year 2025, which is an increase of 7 percent sequentially.


Accenture and TCS are the only two big IT companies that have so far declared revenue from this nascent technology.

The Dublin-headquartered firm signed 30 clients with bookings over $100 million each in the quarter.

Meanwhile, the company said its revenue from Gen AI is now upwards of $1 billion year-to-date. Accenture follows a September-August financial year.

In Q2, the world’s largest IT services company's new bookings in Gen AI now contributed $1.4 billion, or 7 percent, of the company’s $20.9 billion in new bookings for Q2FY25.

The Dublin-based services company has recorded approximately $7.1 billion in Gen AI bookings since it began reporting these figures separately.

"We continue to see a significantly elevated level of macroeconomic uncertainty compared to 2024," Julie Sweet, CEO, Accenture, said while addressing analysts in a conference call. She added that clients are facing everything at once, such as macroeconomic uncertainty and geopolitical risks.

To wade through this uncertainty, Julie said the company is leveraging Gen AI. The company is training its workforce on Gen AI and upskilling them.

"Gen AI demand is very strong, and now it is big enough that it will start to fluctuate," Julie further said. Adding that Gen AI is being embedded in every single service.

Q3FY25 Performance

Meanwhile, the IT services provider beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant's AI-driven services from enterprise customers.

The company reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts' average estimate of $17.30 billion, according to data compiled by LSEG.

Shares of the company fell 2.6% in premarket trading after Accenture said new bookings decreased 6% to $19.7 billion in the third quarter.

The company has increased the upper end of the annual revenue growth guidance between 6% and 7%, compared with its prior forecast of 5% and 7%.

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Tags: Technology,Management,Investment,

Stock Tips (21-Jun-2025)

Lessons in Investing

Recommendations borrowed from ICICI Direct

Short Term

Medium Term

Stock	CMP	Recommendation Price & Date	Target-1	Stop Loss	Potential Upside/ Down Side	Remark	Action
AARTI INDUSTRIES LTD - Quant Derivatives Pick - 3 month - Buy	441.3	477.00 11-Jun-2025	560.00	439.00	17.40%	Stop Loss Hit	Read More
HINDUSTAN AERONAUTICS LIMITED - Gladiator Stocks - 3 month - Buy	4973.1	5,110.00 10-Jun-2025	5,672.00	4,718.00	11.00%		Read More
ABB INDIA LIMITED - Gladiator Stocks - 3 month - Buy	5968.5	6,130.00 09-Jun-2025	6,860.00	5,648.00	11.91%		Read More
BANK OF MAHARASHTRA - Gladiator Stocks - 3 month - Buy	53.87	56.50 09-Jun-2025	65.00	51.00	15.04%		Read More
PHOENIX MILLS LTD - Gladiator Stocks - 3 month - Buy	1616.1	1,625.00 09-Jun-2025	1,842.00	1,488.00	13.35%		Read More
GODREJ PROPERTIES LIMITED - Gladiator Stocks - 3 month - Buy	2432	2,430.00 06-Jun-2025	2,748.00	2,218.00	13.09%		Read More
ALLIED BLENDERS AND DISTIL LTD - Gladiator Stocks - 3 month - Buy	422.65	415.00 05-Jun-2025	478.00	378.00	15.18%	Book 50% profit at 450 and trail stoploss for remaining position to 415	Read More
AXIS BANK LIMITED - Margin Trading Funding (MTF) - 3 Months - Buy	1220.7	1,200.00 23-May-2025	1,280.00	0.00	6.67%	Book 50% profit at 1234.4 and trail stoploss for remaining position to 1185	Read More
RELIANCE INDUSTRIES - Margin Trading Funding (MTF) - 3 Months - Buy	1466.2	1,420.00 23-May-2025	1,530.00	0.00	7.75%	Book 50% profit at 1465 and trail stoploss to 1408 for remaining positions (Return 4%)	Read More
TATA POWER CO LTD - Margin Trading Funding (MTF) - 3 Months - Buy	390.1	398.00 23-May-2025	445.00	0.00	11.81%		Read More
TATA STEEL LIMITED - Margin Trading Funding (MTF) - 3 Months - Buy	151.97	163.00 23-May-2025	178.00	0.00	9.20%		Read More
BHARAT ELECTRONICS LTD - Gladiator Stocks - 3 month - Buy	408.25	377.00 21-May-2025	422.00	344.00	11.94%	Book 50% profit at 396 and trail stoploss for remaining position to 374	Read More
TATA MOTORS LIMITED - Quant Derivatives Pick - 3 month - Buy	676.2	732.00 16-May-2025	830.00	662.00	13.39%		Read More
MPHASIS LIMITED - Quant Derivatives Pick - 3 month - Buy	2696.1	2,508.00 13-May-2025	2,820.00	2,322.00	12.44%	Book 50% profits at 2675 and trail stop loss to 2525 for the remaining positions. (Return= 6%)	Read More
LARSEN AND TOUBRO LIMITED - Gladiator Stocks - 3 month - Buy	3662	3,530.00 12-May-2025	3,928.00	3,264.00	11.27%		Read More
TITAN COMPANY LIMITED - Gladiator Stocks - 3 month - Buy	3519	3,562.00 12-May-2025	3,978.00	3,280.00	11.68%		Read More
SUN PHARMACEUTICAL INDUSTRIES - Gladiator Stocks - 3 month - Buy	1665.1	1,833.00 28-Apr-2025	2,040.00	1,687.00	11.29%	Hold on long position with a revised stoploss of 1636	Read More
UPL LIMITED - Quant Derivatives Pick - 3 month - Buy	633.5	668.00 23-Apr-2025	756.00	617.00	13.17%		Read More
STATE BANK OF INDIA - Gladiator Stocks - 3 month - Buy	796.15	852.00 03-Dec-2024	950.00	784.00	11.50%		Read More

Long Term

Stock	CMP	Recommendation Price & Date	Target-1	Stop Loss	Potential Upside/ Down Side	Remark	Action
KEC INTERNATIONAL LTD (FORMER - Shubh Nivesh - 12 month - Buy	897.4	878.00 16-Jun-2025	1,050.00	0.00	19.59%		Read More
ADITYA BIRLA REAL ESTATE LTD - Shubh Nivesh - 12 month - Buy	2424.9	2,359.00 09-Jun-2025	2,850.00	0.00	20.81%		Read More
ADANI PORT AND SPECIAL ECONO - Conviction Ideas - 12 month - Buy	1349.3	1,433.00 04-Jun-2025	1,670.00	0.00	16.54%		Read More
INDIAN BANK - Shubh Nivesh - 12 month - Buy	615.65	620.00 02-Jun-2025	740.00	0.00	19.35%		Read More
KAJARIA CERAMICS LTD - Shubh Nivesh - 12 month - Buy	1022.4	994.00 26-May-2025	1,160.00	0.00	16.70%		Read More
DIXON TECHNOLOGIES INDIA LTD - Conviction Ideas - 12 month - Buy	14047	16,073.00 13-May-2025	20,000.00	0.00	24.43%		Read More
VEDANTA LIMITED - Conviction Ideas - 12 month - Buy	447.1	435.00 13-May-2025	600.00	0.00	37.93%		Read More
HYUNDAI MOTOR INDIA LIMITED - Conviction Ideas - 12 month - Buy	2006.2	1,630.00 15-Apr-2025	2,070.00	0.00	26.99%		Read More
AADHAR HOUSING FINANCE LIMITED - Conviction Ideas - 12 month - Buy	437.5	459.00 11-Apr-2025	550.00	0.00	19.83%		Read More
DALMIA BHARAT LIMITED - Conviction Ideas - 12 month - Buy	2040.2	1,812.00 11-Apr-2025	2,160.00	0.00	19.21%		Read More
CHALET HOTELS LIMITED - Conviction Ideas - 12 month - Buy	897.55	800.00 04-Apr-2025	1,060.00	0.00	32.50%		Read More
DLF LIMITED - Conviction Ideas - 12 month - Buy	854.25	762.00 06-Feb-2025	1,000.00	0.00	31.23%		Read More
GLAND PHARMA LIMITED - Conviction Ideas - 12 month - Buy	1723.4	1,515.00 31-Jan-2025	2,005.00	0.00	32.34%		Read More
INDIAN HOTELS CO LTD - Shubh Nivesh - 12 month - Buy	765.65	782.00 27-Jan-2025	984.00	0.00	25.83%		Read More
JINDAL STEEL & POWER LIMITED - Shubh Nivesh - 12 month - Buy	899.05	920.00 13-Jan-2025	1,220.00	0.00	32.61%		Read More
JINDAL STEEL & POWER LIMITED - Conviction Ideas - 12 month - Buy	899.05	940.00 08-Jan-2025	1,220.00	0.00	29.79%		Read More
JUST DIAL LIMITED - Shubh Nivesh - 12 month - Buy	877.75	1,064.00 06-Jan-2025	1,360.00	0.00	27.82%		Read More
LATENT VIEW ANALYTICS LIMITED - Conviction Ideas - 12 month - Buy	402.15	483.00 06-Jan-2025	610.00	0.00	26.29%		Read More
MAX ESTATES LIMITED - Conviction Ideas - 12 month - Buy	500.95	591.00 06-Jan-2025	741.00	0.00	25.38%		Read More
ADITYA BIRLA SUN LIFE AMC LTD - Market Strategy - 12 month - Buy	755.95	817.00 30-Dec-2024	985.00	0.00	20.56%		Read More
KNR CONSTRUCTIONS LIMITED - Market Strategy - 12 month - Buy	211.32	315.00 30-Dec-2024	390.00	0.00	23.81%		Read More
LARSEN AND TOUBRO LIMITED - Market Strategy - 12 month - Buy	3662	3,608.00 30-Dec-2024	4,262.00	0.00	18.13%		Read More
MAHINDRA & MAHINDRA LIMITED - Market Strategy - 12 month - Buy	3184.4	3,049.00 30-Dec-2024	3,600.00	0.00	18.07%		Read More
PIRAMAL PHARMA LIMITED - Market Strategy - 12 month - Buy	195.1	255.00 30-Dec-2024	320.00	0.00	25.49%		Read More
TECHNO ELECTRIC AND ENGINEERIN - Market Strategy - 12 month - Buy	1480.7	1,560.00 30-Dec-2024	1,920.00	0.00	23.08%		Read More
THE RAMCO CEMENTS LIMITED - Market Strategy - 12 month - Buy	1012.1	966.00 30-Dec-2024	1,180.00	0.00	22.15%		Read More
THE RAMCO CEMENTS LIMITED - Shubh Nivesh - 12 month - Buy	1012.1	966.00 30-Dec-2024	1,180.00	0.00	22.15%		Read More
ASHOK LEYLAND LTD - Yearly Derivatives - 12 month - Buy	235.15	220.00 23-Dec-2024	295.00	179.00	34.09%	Book 50% profits at 238 and trail stop loss to 215 for the remaining positions. (Return= 11%)	Read More
JSW STEEL LIMITED - Shubh Nivesh - 12 month - Buy	1005.55	920.00 23-Dec-2024	1,130.00	0.00	22.83%		Read More
VEDANTA LIMITED - Yearly Derivatives - 12 month - Buy	447.1	485.00 23-Dec-2024	610.00	410.00	25.77%		Read More
ZYDUS LIFESCIENCES LIMITED - Yearly Derivatives - 12 month - Buy	957.1	990.00 23-Dec-2024	1,320.00	809.00	33.33%		Read More
BEML LIMITED - Yearly Technical Picks - 12 month - Buy	4639.5	4,250.00 18-Dec-2024	5,390.00	0.00	26.82%		Read More
CESC LIMITED - Yearly Technical Picks - 12 month - Buy	163.39	180.00 18-Dec-2024	235.00	0.00	30.56%		Read More
INDIAN BANK - Yearly Technical Picks - 12 month - Buy	615.65	555.00 18-Dec-2024	705.00	0.00	27.03%	Book 50% profit at 629 and hold remaining long positions with stop loss of Rs 561	Read More
JK LAKSHMI CEMENT LIMITED - Yearly Technical Picks - 12 month - Buy	818	820.00 18-Dec-2024	994.00	0.00	21.22%		Read More
STEEL AUTHORITY OF INDIA LTD - Yearly Technical Picks - 12 month - Buy	127.48	117.00 18-Dec-2024	153.00	0.00	30.77%	Book 50% profit at 133.20 and hold remaining long positions with stop loss of 120	Read More
TIMKEN INDIA LIMITED - Yearly Technical Picks - 12 month - Buy	3279.2	3,160.00 17-Dec-2024	3,950.00	0.00	25.00%		Read More
FEDERAL BANK LTD - Shubh Nivesh - 12 month - Buy	207.51	213.00 09-Dec-2024	260.00	0.00	22.07%		Read More
SAREGAMA INDIA LIMITED - Shubh Nivesh - 12 month - Buy	499.7	507.00 02-Dec-2024	610.00	0.00	20.32%		Read More
HPL ELECTRIC & POWER LIMITED - Shubh Nivesh - 12 month - Buy	531.55	484.00 25-Nov-2024	660.00	0.00	36.36%		Read More
BANK OF BARODA - Shubh Nivesh - 12 month - Buy	234.15	242.00 18-Nov-2024	300.00	0.00	23.97%		Read More
ENGINEERS INDIA LTD - Shubh Nivesh - 12 month - Buy	221.17	188.00 11-Nov-2024	240.00	0.00	27.66%		Read More
NIPPON LIFE IND ASSET MANAGEME - Shubh Nivesh - 12 month - Buy	759.45	711.00 04-Nov-2024	850.00	0.00	19.55%		Read More
HDFC ASSET MANAGEMENT CO LTD - Top Picks - 12 month - Buy	4958.6	4,580.00 25-Oct-2024	5,500.00	0.00	20.09%		Read More
NATCO PHARMA LIMITED - Top Picks - 12 month - Buy	875.1	1,390.00 25-Oct-2024	1,680.00	0.00	20.86%	Target price was revised downwards to Rs 1305 post Q3FY25 numbers, due to significantly lower than expected traction from one cancer drug Revlimid in the US besides unforeseen pricing pressure and subsequent downgrade in our earnings estimates	Read More
NCC LIMITED - Top Picks - 12 month - Buy	221.3	300.00 25-Oct-2024	400.00	0.00	33.33%		Read More
PCBL CHEMICAL LIMITED - Top Picks - 12 month - Buy	390.95	470.00 25-Oct-2024	600.00	0.00	27.66%		Read More
SANSERA ENGINEERING LIMITED - Top Picks - 12 month - Buy	1327.1	1,590.00 25-Oct-2024	2,000.00	0.00	25.79%		Read More
TATA POWER CO LTD - Top Picks - 12 month - Buy	390.1	450.00 25-Oct-2024	530.00	0.00	17.78%		Read More
TECH MAHINDRA LIMITED - Top Picks - 12 month - Buy	1696.1	1,750.00 25-Oct-2024	2,000.00	0.00	14.29%		Read More
ACTION CONSTRUCTION EQUIPMENTS - Shubh Nivesh - 12 month - Buy	1177.8	1,390.00 21-Oct-2024	1,700.00	0.00	22.30%		Read More
JK LAKSHMI CEMENT LIMITED - Shubh Nivesh - 12 month - Buy	818	782.00 07-Oct-2024	960.00	0.00	22.76%		Read More
AEROFLEX INDUSTRIES LIMITED - Conviction Ideas - 12 month - Buy	204.47	178.00 30-Sep-2024	230.00	0.00	29.21%		Read More
L&T FINANCE LIMITED - Shubh Nivesh - 12 month - Buy	190.05	187.00 30-Sep-2024	225.00	0.00	20.32%		Read More
H G INFRA ENGINEERING LTD - Shubh Nivesh - 12 month - Buy	1003.9	1,562.00 16-Sep-2024	1,885.00	0.00	20.68%		Read More
KALPATARU PROJECTS INTL. LTD - Shubh Nivesh - 12 month - Buy	1160.2	1,342.00 02-Sep-2024	1,630.00	0.00	21.46%		Read More
STAR HEALTH ALLIED INS CO LTD - Shubh Nivesh - 12 month - Buy	425.75	602.00 26-Aug-2024	730.00	0.00	21.26%		Read More
SONATA SOFTWARE LIMITED - Shubh Nivesh - 12 month - Buy	397.9	616.00 19-Aug-2024	770.00	0.00	25.00%		Read More
NTPC LIMITED - Shubh Nivesh - 12 month - Buy	335.2	420.00 05-Aug-2024	500.00	0.00	19.05%		Read More
JAMNA AUTO INDUSTRIES LIMITED - Shubh Nivesh - 12 month - Buy	89.29	136.00 29-Jul-2024	170.00	0.00	25.00%		Read More
INDIAN BANK - Shubh Nivesh - 12 month - Buy	615.65	559.00 15-Jul-2024	700.00	0.00	25.22%		Read More
MISHRA DHATU NIGAM LIMITED - Shubh Nivesh - 12 month - Buy	443.3	494.00 08-Jul-2024	600.00	0.00	21.46%		Read More
ELGI EQUIPMENTS LTD - Shubh Nivesh - 12 month - Buy	510.25	685.00 18-Jun-2024	835.00	0.00	21.90%		Read More
BIRLA CORPORATION LTD - Shubh Nivesh - 12 month - Buy	1266	1,476.00 10-Jun-2024	1,870.00	0.00	26.69%		Read More
NRB BEARINGS LTD - Shubh Nivesh - 12 month - Buy	290.2	322.00 21-May-2024	400.00	0.00	24.22%		Read More

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