Are all debts necessarily bad? Find out when debts can be good also

We’re well aware about bad debts that spiral you down in a vicious debt trap, but there are also good debts which not many of us seem to be aware of.

Money News

Going cashless: Unified Payments Interface value, volume soar to highest ever level in May

The volume and value of transactions made through the Unified Payments Interface channel during May were the highest in any month since its launch in mid-2016.

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Infrastructure in India: ICICI Bank-backed fund sees jump in space, set to raise Rs 3000 cr

ICICI Bank-backed infrastructure debt fund India Infradebt plans to raise Rs 3,000 crore via bonds in FY18 in anticipation of growth picking up in the infrastructure space, MD & CEO Suvek Nambiar told

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What is risk in finance? All you need to know

Market risk or price risk is the risk that the price of an asset may move in an unfavourable direction.

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Wedding costs: Here’s how not to bankrupt yourself; 6 brief points to know

Plan ahead and save enough money for a grand wedding

Wedding costs, how to reduce Wedding costs, how to plan Wedding costs, how to save Wedding costs, Wedding costs india, Wedding costs in india News

Rupee gains 12 paise against dollar, ends at 3-week high

The rupee appreciated by another 12 paise to end at three-week high of 64.21 against the US currency today on sustained dollar selling by exporters and banks.

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DigiYatra: A new digital experience for air travellers

‘DigiYatra’ is an industry-led initiative co-ordinated by the Ministry of Civil Aviation in line with PM Narendra Modi’s Digital India vision to transform the nation into a digitally-empowered

Money News

Financial Ministry may push for IFCI, IIFCL merger

The finance ministry is examining the possibility of a merger of two state-run financial institutions India Infrastructure Finance Company (IIFCL) and IFCI to create a bigger financing firm for the se

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How to apply robust fintech system to counter cyber crime

It has become imperative today to follow safety protocols to avoid falling victims to hackers and cyber criminals.

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RG group raises Rs 170 crore from PE firm for Noida realty project

The Delhi-based realty firm has developed 14 commercial projects in the national capital. It is currently building two housing projects in Noida and Greater Noida.

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Equity mutual fund inflows hit nearly two-year high of Rs 10,790 crore in May

Equity mutual funds saw an inflow of Rs 10,790 crore in May, making it the highest in nearly two years, underpinned by investor optimism and steps taken by fund houses to create awareness about MFs.

Money News

Maharashtra RERA hits developers hard; number of unit launches drop by 24% in Q1 2017: Report

While RERA has ushered in a hopeful era of transparency and regulation in the real estate sector, it has brought developers, promoters and real estate agents in an unfamiliar environment, where they a

Money News

8 factors to keep in mind while applying for a car loan

The big surge in low-cost deposits has forced banks to slash their MCLR rates, allowing customers to get their cars purchased at much lower interest rates. If you are looking to buy a new car, here ar

Money News

Why tax automation is critical for business success under GST

The GST regime necessitates a high level of synchronization between tax payer’s application and the GST system, which without automation would be a difficult task.

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Here’s all you need to know about TDS and why it is deducted

Do you know about TDS, why it is deducted from one's salary or remuneration and how can you claim it? If not, here's some help.

India News

Buying property? Here’s why new home loans are set to get cheaper

Home buyers could soon get cheaper loans if banks pass on the benefits of lower risk weights and provisions, as they look to gain share in a competitive market.

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Reliance Group plans mutual fund unit IPO; may get Rs 20,000 crore valuation

Anil Ambani-led Reliance Group plans to come out with an initial public offering during this fiscal for its mutual fund arm, which is expected to value the company at about Rs 20,000 crore.

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Punjab cabinet raises annual income limit for pension eligibility

The Punjab cabinet today raised the annual income limit for eligibility for pension and other social security schemes to Rs 60,000.

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Realtors hail RBI move, but say they expected a rate cut as RERA, GST may increase prices

With RERA already been implemented and GST coming up next, residential demand and prices are expected to move northward. Realty experts, therefore, feel that this monetary review should have provided

Money News

Axa Re gets approval from Irdai to open branch in India

French reinsurance major, Axa Re is all set to open a branch in the country after it received the second level of regulatory clearances or R2 from the Irdai

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RBI keeps repo rate unchanged, cuts SLR by 50 bps: Here is why your home loans may get cheaper

As expected, the Reserve Bank of India kept the repo rate unchanged at 6.25% in its second bi-monthly monetary policy review of this financial year today.

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Mutual Funds’ asset base drops 1.15% to Rs 19 lakh crore

The mutual fund (MF) industry's asset base declined marginally by 1.15 per cent to Rs 19.03 lakh crore at the end of May, mainly due to outflow from money market segments.

Money News

Here’s how Delhi’s land pooling policy will boost affordable housing, create more jobs

The biggest advantage perceived from this proposed development is availability of land parcels for affordable housing projects.

Money News

No capital gains load on genuine transactions like ESOP, approved M&As

The final notification provides that the condition of chargeability to STT shall not apply to all transactions of acquisitions of equity shares entered into on or after the first day of October, 2004.

Money News

Here’s how you will be losing on tax benefits on your second home now

The Budget 2017 has restricted the tax deduction on interest paid on rental property to a maximum of Rs 2 lakh per annum, which will now be a loss of opportunity for people buying a home for rental in

Money News

Claiming insurance for small procedures can lead to higher premium, loss of no claim bonus

Medical insurance is just like any other insurance. The claimant should use the policy when treatment costs are extremely high and unaffordable.

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Mutual funds: Should you buy a balanced fund; 3 profitable points to note

Balanced funds are ideal for first-time investors as they are less volatile compared to diversified equity schemes

Mutual funds: Should you buy a balanced fund; 3 profitable points to note
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