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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Realty, Metals & Energy led the charge, rising 9% each. On the flip side, IT lagged with a modest 1% rise.
When an employer when employees a person, he specifies his cost to the company (C.T.C). It means that the organization is going to spend that much amount per year to employ that person
Since multi-asset allocation funds must invest at least three different asset classes, they suit investors looking for more diversification
One should use his savings account to park only temporary surpluses or to use the account for routing investments and meeting expenditures
RBI is also asking for options to switch to fixed rate loans, which are not typically offered by most banks.
Home loan borrowes should continue with floating interest rate loans
Overall, the luxury goods basket grew seven per cent, providing 'credible' returns for ultra high net worth individuals
Auto and ancillaries, Textiles, Chemicals, and capital goods are key beneficiaries of China+1
In the June quarter, Page Industries, Housing Development Finance Corporation, HDFC Bank, Star Health and Allied Insurance, Avenue Supermarts were among companies that saw the highest buying by HNIs
Low cost, simplicity and market returns were cited as reasons for choosing index funds.
The survey revealed that passive funds have taken centre-stage in India over the last few years, gaining a market share from 1.4% of AUM in 2015 to over 17% in 2023.
This was on account of profit booking by LIC, mutual funds as also retail and HNI investors with markets reaching all-time highs.
The Assets Under Management for the large-cap equity category regained its peak, with assets totaling Rs 2,59,583 crore, as of June 2023. said Morningstar.
The first quarter of fiscal-year 2023-24 saw 25 new fund offerings (NFO). Cumulatively they were able to garner INR 5,539 crores during their NFO period.
Among the available tax deductions, 50% of users claimed 80D for tax deductions on medical insurance, while 20% utilised 80CCD(1B) for tax deductions on NPS self-contributions.
SaaS, B2C Product Companies, and FinTech are amongst the most promising categories to produce IPO-ready companies.
Both liquid funds and sweep in fixed deposits are excellent risk-averse investment options. We help you decide between the two
The GST Council has stuck to its earlier decision to impose a 28% levy on the full face value of bets placed on online gaming, casinos and horse racing, but kept the door open for a review
The downgrade of the U.S. credit rating to AA+ can have significant implications for the financial markets, both domestically and globally
With the new interest rate, the Bank is reinforcing its commitment to promoting a culture of savings thereby building financial corpus and in turn, self-reliance.