Page 82 - Sunainaa Chadha

Passion investments: What do millionaires in India spend their money on?

Watch was the most preferred investment by Indian UHNWIs, followed by Art and Classic Cars. Globally, super rich cited Art as the preferred luxury investment, followed by watches and classic cars.

32% of Indian millionaire wealth is allocated towards residential assets

Nearly 14 per cent of their residential portfolio is allocated outside India.

Tax season 2024: Where should you invest? Best tax-saving options for you

You must buy only a term insurance plan. The premium that you pay is eligible for tax benefit under Section 80C

Looking for a golden visa? Most popular investment migration programmes in 2024

Malta holds first place in the 2024 Global Citizenship Program Index as it has done for nine consecutive years

Tax season 2024: How to make the most of your ELSS investment

An ELSS fund is an equity-oriented scheme with a mandatory lock-in period of three years. In recent years, many taxpayers have turned to ELSS schemes to avail of tax benefits.

Explained: The social media-FPI trading fraud Sebi has cautioned about

Fraudulent trading platforms are offering resident Indians trading opportunities on par with foreign funds, which is not possible under the current rule

'Foreign investors to buy India on correction, won't chase stocks at current valuation'

Kotak Institutional Equities expects the market to remain largely range-bound this year.

Rupee least volatile in 20 years, likely to touch 82 against US dollar

Market participants expect the rupee to appreciate to the 82 mark in the current calendar year given the healthy capital flows and reasonably higher balance of payment surplus.

Want to buy into Nvidia rally? Top 5 MFs that have exposure to the US stock

Indian mutual funds have an exposure of Rs 1,699 crore (on an AMC level) to Nvidia. Some of the top fund houses with exposure to the chip maker's stock include Motilal Oswal, Mirae, Franklin, Kotak an

Where's money flowing? FIIs sell financial services, buy IT, oil and gas

FY24 trends show FIIs remain upbeat on Capital Goods and Auto while paring stakes in Financial Services and FMCG

Realty, consumer services, capital goods see biggest m-cap expansion in 5 years

Media, FMCG Auto and IT has lagged the broader trend

Dubai's 5-yr multiple-entry tourist visa for Indians: What it means, how it works

The visa is to be issued within a period of 2 working days upon receipt and acceptance of the application

'Bite-sized SIPs will lead to doubling of MF's AUM to Rs 100 trn by 2030'

Bite-sized SIPs generated from growing household savings are billowing sufficiently to push India's mutual fund industry to double its AUM in 5 years, expects Axis Capital's Praveen Agarwal

Why ICICI Prudential has launched a Nifty LargeMidcap 250 index fund

Large caps tend to offer reasonable stability during market corrections, whereas, Mid caps offers relatively high growth during rising market scenarios

Rs 1.8 cr passed through mule accounts: How you are being duped by this scam

Mule accounts are essentially bank accounts that receive funds from illegal activities and then transfer them elsewhere, acting as a bridge in the laundering process.

V Bazaar CMD's wife buys 10,000 sq ft DLF flat in Gurgaon for Rs 95 crore

The apartment size is 10,813 sq ft and it comes with five car parkings, the document showed.

Japan has a new 6-month digital nomad visa but Indians don't stand to gain

Japan has announced its plans to launch a digital nomad visa which would enable a person to legally live and work remotely from anywhere in the country for 6 months.

Mutual funds continued to buy Paytm in January, with a few exceptions

In terms of share count, Nippon Mutual Fund, Mirae Mutual Fund, and Motilal Oswal Mutual Fund rank as the top three, holding the largest number of Paytm shares in their portfolios as of January 2024

Vistara Points Fest 2024: How to get maximum rewards from its loyalty programme

Club Vistara has launched its Points Fest 2024, offering up to 100,000 bonus CV Points for Bank/Hotel points transfers from February 20 - March 31.

How Canada's latest post-graduation work permit tweak impacts Indian students

Students of masters programs of even 1 (one) year will now be eligible for post graduation work permit for 3 years.