Page 308 - Personal Finance

Global fintech investment drops to 5-year low, India funding halves to $3 bn

Geopolitics conflicts, the high interest rate environment, and the barren exit environment across regions saw fintech investors holding onto their cash throughout much of the year.

31 of India's most valued companies in 2023 hail from Gujarat, 25 from WB

These companies are ranked according to their value, defined as market capitalization for listed companies and valuations for non-listed companies.

Your EPF money is set to rise at faster rate, 8.25% interest highest in 3 yrs

In 2021-2022 and 2022-2023, the EPF interest rates were 8.1 per cent and 8.15 per cent, respectively, which means the 2023-2024 interest rate is the highest in three years.

Zerodha, Swiggy, Razorpay among India's 10 biggest unlisted companies

Serum Institute of India is the most valuable unlisted company in the country, followed by National Stock Exchange of India and the Megha Engineering and Infrastructure

Paytm fiasco: Merchants must onboard alternative provider for UPI payments

Long-term, fundamentals-oriented investors should stay away from its stock for now

Liquid funds are back in favour in 2024: Should you invest?

Liquid funds recorded the highest net inflows of Rs 49,468 crore, followed by Money Market funds that saw net inflows of Rs 10,651 crore and Overnight funds with a net inflow of Rs 8,995 for January

Decoded: Into which mutual fund category is the money flowing?

Currently with 149 schemes, the sectoral/thematic category has the highest number, followed by 42 schemes in the ELSS category and 38 schemes in the flexi-cap category

Sovereign Gold Bonds 2023-24 Series IV opens today: Should you invest?

Sovereign gold bonds can be the best bet for those looking to protect their investments during market downturns.

Simplifying nominations can boost financialisation

The Securities and Exchange Board of India's (Sebi) recent consultation paper aimed at overhauling nomination facilities for mutual funds and securities in demat accounts seeks to rectify such issues

Use multi-asset allocation funds if you are a new investor in the market

Evolved investors should use the option only as part of diversification of funds

EPFO recommends 8.25% interest rate on employees' provident fund for FY24

The previous high level of EPF interest rate was at 8.5% in 2019-20

Odisha CM raises pension for beneficiaries under social security schemes

Each of them will receive the minimum enhanced amount between February 20 and 25, a release issued by the CMO said

ESIC extends benefits to superannuated insured persons with relaxed norms

The decision was taken at the 193rd meeting of ESIC under the chairmanship of Union Minister Bhupender Yadav, a labour ministry statement said

EPFO fixes 8.25% interest rate on employees' provident fund for 2023-24

Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25% on employees' provident fund (EPF) deposits for 2023-24

Soaring house rents: Secure longer-tenure lease agreement of 3 to 5 years

Incorporating an annual 5-7% rent hike clause in rent agreement will ease concerns

RBI status quo: What it means for bond market and what should investors do

Investors with 2-3 years short-term horizon can consider dynamic bond funds to potentially benefit from the falling bond yields.

Equity MFs see 35th consecutive month of inflows, sectoral funds lead the way

Equity schemes experienced a surge in inflows, reaching approximately Rs 21,780 crore in Jan 2024, compared to Rs 16,997 crore in Dec 23.

Diverse portfolio funds and beach holidays: Top personal finance stories

This week we tell you about multi-asset allocation funds and unspoiled coastal destinations

Company fixed deposit rates' terms, tenure explained in one table

Look at returns offered by various players over different horizons

Fund review: Franklin India flexi cap fund

Fund review: Franklin India flexi cap fund