Page 326 - Personal Finance

Banking, IT promising in 2024: What sectors should investors bet on?

On the back of relatively lower historic returns compared to earnings growth, large caps appear favourable on a risk-reward basis

RBI takes steps to curb inoperative bank accounts: Things you should know

The RBI has issued fresh guidelines to reduce the quantum of inoperative bank accounts and unclaimed deposits with focus on tracing customers, and reducing fraud risk. Check all the details

IPO fundraising drops 17% in 2023, 40 firms gave over 10% return on listing

Tata Technologies gave a stupendous return of 163 per cent followed Ideaforge (93 per cent) and Utkarsh Small Finance Bank (92 per cent). 53 of the 57 IPOs are trading above the issue price (closing

Duration funds likely to offer 12-14% return: What should your 2024 strategy be?

With high starting yield and expectation of fall in bond yields, long term government bonds offer investor a rewarding opportunity, said experts

Better risk-reward, FPI flows augur well for LargeCap MFs in 2024: Analysts

Valuation is comfortable for large-caps, but there is little margin of safety in the broader market categories, analysts said

Invest in longer-duration funds to gain from anticipated rate cuts

But avoid going overboard with exposure as unforeseen events could prevent inflation from softening

Nifty50 overvalued by 20%, expect correction in 6 months: Kotak Securities

Nifty index looks to be 20% overvalued as per our model after moving up more than 10 per cent in the last two months, it said

Female govt employees may now nominate child for pension before husband

The female employee will be eligible to nominate their children to receive family pension before the spouse if there is a pending divorce, domestic violence or dowry case in any court

Co-branded credit cards most sought after, average spend per card grows to Rs 5577

Rewards and convenience will remain the buzzword, and cards that are conveniently available digitally will be the most sought after in 2024

UPI transaction rules 2024: New regulations applicable from January 1

UPI new rules: The RBI and NPCI have announced a number of changes to regulations for online payments via UPI. Here are the top 5 such changes

Gold expected to move much higher in 2024, could touch Rs 70,000

The yellow metal has boomed from the lows seen in the last six months to levels above $2000, and currently, it is perched at the $2050 level

Can green deposits be withdrawn prematurely? All your questions answered

Green fixed deposits provide guaranteed returns and have a range of tenure options available, spanning from 18 months to 10 years. Premature withdrawal is allowed under certain conditions

Health, EV, fintech: Key industries beckoning foreign investors in 2024

Emerging industries poised for investment-led growthare battery energy storage solutions, green hydrogen, biotechnology, AVGC (animation, visual effects, gaming, comics)

Optimise returns on short-term corpus with liquid and overnight funds

Yields from these schemes are attractive currently, but could come down if rate cuts happen

FAQs: What will the market do in 2024? What will result in a correction?

The returns in 2024 will depend on the tussle between fundamentals and sentiment. In an entirely 'fundamental' market, returns will likely be modest for the market and negative for many stocks.

Bank locker agreements to car prices: Key money changes from January 2024

Here are a few new regulations which come into effect from January 1, 2024

Equity funds' outlook for 2024: Book profits in smallcap, midcap funds

Money received should be allocated to largecap funds and fixed-income instruments

Prioritise life coverage, financial aims when delving into ULIP investments

Term plan plus MF combo offers greater flexibility and liquidity

In charts: Why ICICI Direct sees Nifty hitting 25000 in 2024

Indian Equities are expected to compound at 12-15% as seen historically

Hyderabad pips NCR as India's second-costliest city, Ahmedabad most reasonable

Ahmedabad, Kolkata and Pune are the most affordable residential markets in 2023