Page 63 - Sunainaa Chadha

Festive holiday surge: Udaipur, Dubai, Singapore top getaways this Diwali

Udaipur has emerged as the top trending domestic destination for Indians traveling domestically, witnessing a 220% increase in searches followed by Puducherry (200%) and Mumbai (35%).

Residential sales: Rs 1 cr + homes lead market, constitute 46% of all sales

Residential prices in Bengaluru saw the sharpest rise at 10% YoY as focus increasingly shifted toward the development of premium properties.

Factor investing gets popular: Axis Nifty500 Value 50 Index Fund launched

The scheme objective is to invest in stocks comprising the Nifty500 Value 50 Index (the index).

Food tourism: South Korea tops list of culinary destinations in Asia

The land of kimchi, Korean barbecue, and fried chicken is followed closely by Taiwan (62%), with Thailand (55%), Japan (52%, and Malaysia (49%)

Brokers to offer UPI-based trading or 3-in-1 account to investors by Feb 1

A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution.

Tax structure explained: Delhi govt offers rebate for scrapping old cars

The government is offering a rebate on motor vehicle tax for buyers who scrap their old vehicles and purchase new ones within three years. T

PE investments in residential realty cross $1bn in first 9 months of 2024

Most of these investments were directed towards developmental assets, as institutional investors continue to partner with reputed developers in marquee residential projects.

Explained: Sebi's new asset class and how it can benefit HNI investors

The new asset class will fill the void between mutual funds and PMS, providing investors with a viable option for investments between Rs. 10 lakh and Rs. 50 lakh.

Explained: New rules for same-day stock settlement and impact on investors

The number of stocks eligible for T+0 settlement has been expanded from 25 to the top 500 stocks by market capitalization.

Spend Rs 10,000 first: ICICI Bank updates debit card lounge access rule

Starting October 1, 2024, ICICI Bank customers who spend Rs. 10,000 in the preceding calendar quarter will receive two complimentary airport lounge accesses.

HDFC Bank introduces new reward point rules for certain cards from 1 Oct

HDFC Bank has implemented new reward point rules for certain credit cards effective from October 1, 2024.

Life insurance policyholders to get higher early-exit payouts from today

Unlike now, when policyholders lose the entire premium paid if they exit after year one, once the new policy kicks in, they will get a part of their premium back.

Singapore Airlines launches two co-branded card in India: Is it worth it?

Reward Points in the form of KrisFlyer miles can be used to book flight tickets on Singapore Airlines, Scoot airline and SIA Group entities

MF Lite is here for passive funds: Sebi is making investing easier for you

The framework will feature relaxed requirements around sponsor eligibility, including net worth, track record, and profitability, as well as changes to the responsibilities of trustees.

Have higher risk appetite ? There's a new asset class option for HNIs

The new asset class, dubbed "Investment Strategies," is aimed at high-risk investors and seeks to bridge the gap between mutual funds (MFs) and portfolio management services (PMS)

After a 2-year bull run, home sales are down 11%, property prices up by 23%

1.07+ lakh units sold across the top 7 cities in Q3 2024, against 1.20+ lakh units back in Q3 2023

MakeMyTrip inks pact with 10 airlines to offer 20% off on biz class fares

MakeMyTrip recently introduced a dedicated Business Class Funnel for international flights.

India market strategy: Quality and low volatility factors lead the way

Investors seeking to balance risk and return may find defensive factors like Quality and Low Volatility to be more advantageous.

39% of self-employed urban Indian women rely on savings to fund businesses

Self-employed women across India allocate 45% of their investments into savings account and gold, revealed a survey

Explained: How ED busted the Rs 400 crore Fiewin gaming app scam

The app, initially presented as a legitimate platform for earning money through games, was found to be a scam.