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Source: Live Mint A report by Anarock found the demand for 3BHKs has now surpassed that of 2BHKs, and the sale of high-end apartments (above Rs.1.5 crore) has increased nearly four-fold since 2021. Meanwhile, demand for affordable housing (below ₹40 lakh) fell to 21% of homebuyers in the second half of 2023 from 25% in…
Source: Live Mint Bank of Baroda has rolled out BOB Utsav Deposit Scheme which has a 400-day tenure. The state lender offers an interest of 7.30 percent for the general public on this special deposit scheme. Interest rates for senior citizens Senior citizens are entitled to receive an extra 50 basis points i.e., 7.80 percent on…
Source: Live Mint Top Gainers and Losers Today : **Market Summary: Top Gainers and Losers for Today** The Nifty index closed at 25,127.95, reflecting a decline of 0.28%. Throughout the trading session, the index reached a high of 25,212.05 and a low of 25,008.15. The Sensex also experienced a downturn, trading within a range of…
Source: Live Mint State Bank of India (SBI) has revised its marginal cost of funds based lending rate (MCLR) with effect from October 15, 2024. The interest rates across all other tenures remain the same, however, MCLR for one-month tenor has been slashed from 8.45 to 8.20 per cent. Interest rate for overnight tenure stands…
Source: Live Mint SME IPO: As the Indian capital market buzzes with a surge of small and medium-sized enterprises (SME) initial public offerings (IPOs), marked by strong investor interest yet lacklustre performances, it’s the perfect moment to hit rewind and revisit some of the past IPOs that truly delivered impressive returns for investors, proving their…
Source: Live Mint In today’s fast-paced financial landscape, credit cards have become essential tools for managing expenses, offering convenience, security, and numerous rewards for everyday purchases. With a plethora of options available, choosing the right credit card can be challenging. This guide explores lifetime free credit cards—those that come with no annual fees—highlighting their benefits…
Source: Live Mint Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as…
Source: Live Mint MUMBAI : Imagine you’re planning a cross-country road trip and need to choose a driver. While having a driver’s licence is essential, it’s not enough. You would prefer someone with experience touring across the country, perhaps in different seasons. Similarly, selecting the right fund manager is as important as picking the right…
Source: Live Mint Are you eager to explore new destinations, immerse yourself in vibrant cultures, and create unforgettable memories? A travel loan can turn your dreams into reality. Whether you’re planning a solo adventure, a family getaway, or a romantic honeymoon, a well-structured travel loan can provide the financial flexibility you need to embark on…
Source: Live Mint The selling streak by foreign portfolio investors (FPIs) continues to grow, with another outflow of ₹3,731.60 crore from Indian stocks recorded in Monday’s trading session. This marks the 11th consecutive day of selling, highlighting a sustained trend of bearish sentiment among international investors towards the Indian equity market. This brings their total…
