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Source: Live Mint Do you indulge in a lot of work-related travel in your conveyance? Or are you a travel freak who loves to go on long drives on national highways? If one of this is true in your case then perhaps you spend a lot of money at petrol pumps, and may possess one…
Source: Live Mint Amitabh Bacchan was nicknamed the angry young man because he was fighting against the system in the movies, and despite the ghastly sound effects of ‘dishoom-dishoom’, you smiled because he had the chutzpah of calling the ambulance before he beat up the bad guys. Released on National Cinema Day celebrated in India…
Source: Live Mint If you are a travel freak and have a wanderlust, then raising money for your indulgences may not always come easy. You could be travelling and spending at a frantic pace without having to worry over money at all. All you could, however, possibly do is to borrow money. And when it…
Source: Live Mint If you happen to face a financial emergency or have a sudden need for money then you can explore the prospect of raising a personal loan from a financial institution. The financial institution could be a bank or a non-banking financial institution (NBFC). A personal loan is an unsecured loan that the…
Source: Business Standard Finance Minister Nirmala Sitharaman launched the NPS (National Pension Scheme) Vatsalya Scheme on Wednesday that will allow parents to save for their children’s future by investing in a pension account. (Photo: PTI) 1 min read Last Updated : Sep 20 2024 | 9:48 PM IST About 9,700 minor subscribers have been…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 7:40 PM IST With the Reserve Bank of India (RBI) nudging non-banking financial companies (NBFCs) to reduce their dependence on banks, and mutual funds becoming conservative after the Franklin Templeton incident, NBFCs are increasingly turning to the bond market to raise…
Source: Live Mint A number of banks have lately rolled out new deposit schemes to woo the current and new depositors. Some of these schemes are rolled after making minor tweaks in the regular deposit schemes. For instance, Bank of Baroda (BOB) has rolled out a recurring deposit plan which is similar to a recurring…
Source: Live Mint The Employees Provident Fund Organisation (EPFO) has issued a circular highlighting the allotment of funds for the year 2024-25 towards welfare activities of employees. The total budget for welfare activities, reads the circular, is ₹13.10 crore — out of which ₹74.37 lakh belong to the holiday homes alone. Excluding the budget for…
Source: Live Mint Credit cards are one of the easiest ways to buy your favourite products without paying for them in cash immediately. But what does it mean for banks that provide you credit? How do they benefit by lending money to you? Or do they have to wait till the due date to get…
Source: Live Mint Choosing the right mutual fund to invest in can be daunting, given the countless options available in the market today. While the fund’s past performance—some numbers on what kind of returns it has offered in the recent past—may seem to be an obvious starting point for your investigation, this may not be…
