Page 99 - Sunainaa Chadha/undefined

75% Indians don't have funds for emergencies: How to save and plan for it

Most thumb rules related to emergency fund planning state that you must have 6-9 months of your fixed monthly expenses saved away in an easily accessible and low risk asset class.

Explained: How to maximize card reward points without having to overspend

Don't bust your budget just for earning the reward points

Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm

The total value of the top 500 companies in India declined marginally by 6.4% to Rs 212 trillion from Rs 227 trillion as of October 30,2022.

Short term debt funds are in demand: Where should you park your funds?

The return of debt funds appears to be a reset of institutional allocation, as well as locking in higher rate

HNIs to skilled professions: Australia regains millionaire magnet crown

Australia has regained the top spot in New World Wealth's 2023 list of destinations forecast to enjoy the highest net inflows of high-net-worth individuals globally, replacing the UAE.

Rewards galore: Most loved credit cards for online spends in India

India is approaching 100 million (10 crore) credit cards. Just 4 banks account for 71% of all credit cards

Withdrawal of Rs 2000 notes is win for real estate, gold, consumer durables

Currency in circulation has declined less when compared to Rs 2000 notes deposits in banks

Net inflows into equities decline to a 2-yr low: What should investors do?

Overall, inflows have declined significantly in the last two months as the market rise led to investors putting in lower amount

When is money gifted not taxable? All your tax queries on gifts answered

In India, if an individual receives a gift, whether it's cash, immovable property, or any other item of value exceeding Rs. 50,000 from a non-relative, it generally falls under taxable income.

Everything to know about the Sovereign Gold Bond scheme that opens today

Sovereign gold bonds (SGBs) remain the best way to take exposure to gold due to additional 2.5% per annum interest and no capital gains tax. There are no annual recurring expenses while capital gains

Adani Total Gas, Zomato, Nykaa and more: Top large caps MFs bought in May

Life Insurance Corporation of India (LIC), Kotak Mahindra Bank, Indian Oil Corporation, Hero MotoCorp, Hindustan Aeronautics were the most sold

Rs 6 cr to 45 cr for a flat: NCR's Golf Course Road sees 42% price hike

Golf Course Road is a well-developed luxury micro market in Gurgaon which has been in high demand from the HNIs and luxury buyers alike

In a first, Bajaj Housing Fin offers extended home loans: Should you opt?

Whenever you opt for a loan scheme, you must thoroughly examine your financial situation, income stability and existing debt.

Senior citizen saving scheme vs bank FD: What is the right strategy for you

senior citizens with an investment horizon of 5 years, who are seeking regular income at quarterly intervals and/or wishing to save tax under Section 80C would find SCSS more attractive than bank FDs

Home prices costlier by 8% in India, Delhi-NCR sees steepest hike of 16%

Delhi-NCR saw the highest increase in residential prices at 16% year-on-year, followed by Kolkata and Bengaluru with 15% and 14% increase, respectively.

Decoded: Why India's millionaires are flocking to Dubai and Singapore

Prohibitive tax laws coupled with convoluted and complex rules on outbound remittances that are open to misinterpretation and abuse are among the problems that have triggered the migration

India to lose 6,500 millionaires in 2023, Dubai and Singapore top choice

This places India as the second-largest country in terms of HNWI outflow globally, following China (net loss of 13,500)

Small banks vs private/PSU banks: Where should you lock your money?

Here are some key points to consider when making your decision

How you can rebuild your credit score even after late payments

Start by reviewing your credit report and identifying the late payment entry. Understand the impact it has had on your credit score and how it may affect your overall creditworthiness.

Denied boarding due to overbooked flight? How to get Rs 20,000 as refund

The alternative flight is arranged within 24 hours of the original flight's departure, an amount of up to Rs 10,000 has to be paid as compensation by the airline.