Money

RERA: Homebuyers to get 10% penalty for delay in projects, but is that enough?

In a bid to protect the interest of homebuyers as well as weed out non-serious and unscrupulous players from the market, the Real Estate (Regulation and Development) Act, 2016 (RERA) has proposed heav

Money News

SBI slashes affordable home loan rates by 25 bps to 8.35 per cent; lowest in market

State Bank of India (SBI) has slashed the loan interest rates for home loan below Rs 30 lakh by 0.25 per cent to 8.35 per cent and loan above Rs 30 lakh by 0.10 per cent.

Money News

Mutual Funds’ asset base crosses Rs 19 lakh cr mark

The mutual fund (MF) industry's asset base has crossed the Rs 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments.

MF News

NFO: All you need to know about the Franklin India Fixed Maturity Plans – Series 1

Franklin India Fixed Maturity Plans – Series 1 Plan B (1104 days) is a close-ended debt fund. The investor's principal amount will be held at moderate risk. It is a fund that will get invested in de

MF News

Initials on PAN card not matching Aadhaar data while filing ITR? Here’s how you can update your Aadhaar

Every individual is now required to compulsorily mention his Aadhaar number in the ITR form and PAN application from July this year. The government has already said that it wants people to link their

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5 ideas to committing to your savings goals

We all have an image of our future selves in our minds. We foresee money in our bank account, multiple properties, cars, and going on expensive holidays. It is great to dream about a comfortable, pros

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Holiday season is here again: Is it wise to travel by opting for a travel loan?

The holiday season is fast approaching and it is time to travel. Many people yearn to travel to unknown places and mark the unexplored places in the world. Some travel to experience different cultures

Money News

Angel Broking launches UPI app for investing in stock markets

In order to make investment convenient for client, brokerage house Angel Broking brokerage has introduced Unified Payments Interface (UPI) in investing.

Money News

Referral income: From BHIM app, Uber rewards, to credit cards, here’s how to get paid for putting in a good word

Recently, Prime Minister Narendra Modi announced what may become the government’s largest referral scheme.

Money News

Till when can belated income-tax returns can be filed? Find out here

For assessment year (AY) 2016-17 (i.e. FY 2015-16), if the income tax returns are not filed within the prescribed due date under section 139(1), then the same can be filed as belated return within one

Money News

Savings plan: Here’s how to start and stick with it in 5 easy steps

If you are wondering how to start saving for your goals, or have failed to stick to your plans earlier, here are some tips to stay focused.

Money News

Irdai issues new outsourcing guidelines for insurers

The regulator said the regulations dated April 20 but put on the Gazettee of India on May 5, is aimed at ensuring that insurers follow prudent practises on management of risks arising out of outsourci

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7th Pay Commission Report: Cabinet approves modifications in pay structure, pay matrices

The Union Cabinet, chaired by PM Modi, recently approved important proposals relating to modifications in the 7th CPC (Central Pay Commission) recommendations on pay structure and revision of the thre

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Four reasons to look beyond employer-provided health cover

Most salaried employees these days are fortunate to have access to employer-provided health cover. This employer-provided coverage is a group health policy.

Money News

Edelweiss rates Dabur as ‘Buy’ says domestic business is on road to recovery

Dabur India’s Q4FY17 revenue came in line, while Ebitda and PAT surpassed estimates led by better than expected margin.

Money News

Kotak rates Biocon as ‘Sell’, says poor quarter with all round revenue miss

Biocon’s Q4FY17 results disappointed as revenues declined 2% y-o-y and 10% q-o-q, missing our estimates by 17%.

Money News

EPF members can make online claim using UAN interface: Here are 5 things to know

All EPF members who have activated their Universal Account Number (UAN) and have also seeded their Aadhaar-linked KYC with EPFO will be able to apply for PF final settlement, pension withdrawal benefi

Money News

Criminal penalties under RERA unfair to genuine developers

To the buyers, it safeguards their interests: brings transparency, ensures accountability and timely completion projects. Unfortunately, RERA does not address the concerns of developers, thereby not p

Money News

10 smart ways to reduce your car insurance premium

Car prices in India are increasing rapidly and so are maintenance charges. Along with them, car insurance premiums are also rising. For instance, IRDAI recently gave its nod for a hike in third party

Money News

Paytm enables purchase of digital gold starting at Re 1 & store it for free in digital lockers

Paytm has partnered with India’s only internationally-accredited refinery – MMTC PAMP – to launch digital gold on its platform. This will allow customers to buy 24K 999.9 pure gold online and st

Money News

5 ways to make sure property you’re buying is legal

One way to be sure about the reputation of a builder is by checking if the banks approve of it. Banks only allow you to take home loan for a property that is legally clear.

5 ways to make sure property you're buying is legal News

UPI goes live on Samsung Pay in collaboration with Axis Bank: 5 things you should know

Samsung India has already announced the availability of the National Payments Corporation of India’s (NPCI) Unified Payments Interface (UPI) on its flagship mobile payments service, Samsung Pay, in

Money News

DHFL Pramerica Life Insurance reports Rs 61.4 cr PAT in FY2016-17

DHFL Pramerica Life Insurance Co Ltd (DPLI) reported a robust growth of 21% in FY 2016-17, posting a profit after tax (PAT) of Rs 61.4 crore against Rs 50.8 cr in FY2015-16.

Money News

NFO: Here’s all you need to know about AXIS Equity Advantage Fund – Series 1

AXIS Equity Advantage Fund - Series 1 is a close-ended equity scheme which helps investors in getting their capital appreciated over medium to long term. However, investors should understand that thei

Money News

When you should opt for domestic travel insurance

Every time you travel, your mind starts imaging the happy moments ahead without even experiencing. The source of happiness is the belief that you are going to have time of your life after reaching you

Money News

Filing your ITR for AY2017-18? Know which tax return form to use

It is time to file your income tax return (ITR) and, thankfully, the Income Tax Department has activated the e-filing facility for all categories of Income Tax Returns (ITRs) for the assessment year 2

Money News

IRB InvIT IPO subscribed 0.62 times on Day 2

The initial public offering (IPO) of India’s first infrastructure investment trust (InvIT) from IRB Infrastructure Developers was on Thursday subscribed 0.62 times, the second day of its issue.

initial public offering, infrastructure investment, InvIT, IRB Infrastructure, BNP Paribas, Birla Sunlife, Deutsche Global, Morgan Stanley, investment manager News
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