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Banks, metals, utilities: What domestic mutual funds bought in April 2024

Reflecting the shift in investor preference, five out of the top ten stocks with the highest value increase in April belonged to the Banking sector.

Battle for retirement savings: NPS vs PPF vs EPF. Which is the best option?

You can save up to Rs. 1.5 lakh per year in NPS and get a tax deduction under Section 80C. NPS also offers an additional tax deduction of up to Rs. 50,000 per year

Life insurance premium: How is it taxed; the loopholes explained

An individual is allowed to choose the life insurance policies with higher maturity yield for tax exemption and pay taxes on those whose maturity amount is less.

Tech talent highly sought: 66% demand for these top 5 skill suites alone

Bangalore and Chennai showed the highest tech-focused intent-to-hire in FY24

Where should you invest? Pick consumption & BFSI funds, says Mirae Asset MF

Over the past year, mid-cap and small-cap indices have significantly outperformed the Nifty 50 (large-cap index) by 30% and 40% respectively.

Explained: 71% paid 10-20% more for hallmarked gold jewellery in last 1 yr

While hallmarking awareness is increasing, a significant portion (27%) is still buying non-hallmarked jewellery.

Akshaya Tritiya: Silver will outshine gold in near term, buy on dips

Investors looking for precious metals might want to consider silver over gold, according to Motilal Oswal Financial Services Limited (MOFSL).

39% of homes sold in Delhi NCR were priced upwards of Rs 1.5 cr in Q1 2024

Roughly 6,060 units were sold in the luxury category. This translates to a significant market share of approximately 39%

Fake HRA claims: What is this tax controversy and how to protect yourself?

It appears that some taxpayers might have fabricated rent receipts from non-existent landlords to claim HRA.

52% health insurance owners say premium gone up by over 25% in 12 months

21% of health insurance policy owners indicated premium increased by 50% or more

Why did RBI lift ban on Bank of Baroda's mobile app and what does it mean?

he RBI, which regulates India's banking system, found "material supervisory concerns" with Bank of Baroda's customer onboarding process for bob World.

53% of startup jobs are for freshers: Here are the top roles most in demand

Sales jobs in the sector increased by 23% in April 2024, highlighting the upward movement in hiring by startups

NRIs galore: DLF sells 795 flats priced at Rs 7 cr in Gurugram in 3 days

The project with 795 apartments valued at approximately Rs 5590 crore, sold out entirely within just three days.

Explained: Household savings at 5-year low, MF investments see boom

People are saving less as a proportion of their income but borrowing more to invest in a wider range of financial instruments, including stocks, mutual funds, and insurance products.

In charts: Nifty small and mid-cap stocks outperform market in April 2024

ifty Microcap 250 and Nifty Smallcap 250 have emerged as best performing Index, with an impressive growth of 10.6% & 10.5% in the month of April respectively.

Antigua to Grenada: Property purchases here can serve as passport to world

Caribbean havens of Antigua and Barbuda and Grenada, Central American jewel Costa Rica, and Mediterranean magnets Greece, Malta, and Spain stand out, according to the 2024 Wealth Report by Henley & P

5 of 10 richest cities in APAC, Delhi among top 50 cities for millionaires

By growth, seven of the 10 leading millionaire cities are located in APAC, including five in China and two in India.

DIIs vs mutual funds vs FIIs: Which sectors are investors betting on?

Indian markets are moving towards atmanirbharta (self reliance) with the share of DIIs set to overtake that of FIIs in the next few quarters.

ICICI Pru Platinum: A ULIP that aligns distributor payout to fund's value

Offers unlimited free switches between asset classes without any cost and tax implications

Explained: As bank lending slows, bond market takes centre stage

While overall credit growth is predicted to moderate in FY2025, domestic bond issuance is expected to rise, driven by attractive interest rates and potential foreign investment.