Page 339 - Personal Finance

AePS Scam: Here are the things you need to do if you are a victim of fraud

If you are a victim of an AePS scam, there are a few things you need to do immediately to protect your money

A snapshot of home loan rates offered by various banks and HFCs

Here is how the home loan rates offered by various banks and HFCs stack up

$8.9 bn in notices! Why India's gaming revenue forecast has been slashed

In the last financial year, gamers in India stood at 568 million, of which 25 per cent were paying users. The number of gamers in India, as per the report, grew by 12 per cent compared to last year

53% opt for personal loan even before 30, Bengaluru most credit healthy city

A whopping 53% of Indians took their first personal loan before reaching the age of 30, and 22% of the personal loan consumers were under the age of 25

M&A activity dips amid geopolitical concerns, only 5 mega deals this year

By the end of August 2023, about 21,500 M&A deals had been announced, with a total value of $1.18 trillion. This represents a 14 per cent decrease in the number of deals

MF strategy: Is there a good time to buy or sell actively managed funds?

On average, less than 4.2% of the months account for all of the outperformance for Indian actively managed diversified equity funds versus their benchmark.

Avoid withdrawing more from National Pension Scheme than you need

When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum

Reliance Retail, SBI Card collaborate to launch Reliance SBI card

SBI Card launched a credit card in collaboration with Reliance Retail for shopping at Reliance Retail outlets. These cards are available in two variants, Reliance SBI Card, and Reliance SBI Card PRIME

Alternative assets surged twice as fast as mutual funds in 5-yrs: Report

This growth rate is more than double that of the mutual fund industry, which recorded a CAGR of 13 per cent with an AUM of Rs 46.63 lakh crore as of August 2023

HDFC Regalia credit card: Lounge access restricted, will depend on spend

Cardholders who spend Rs 1 lakh or more in a calendar quarter can avail of up to two complimentary lounge access vouchers as part of the quarterly milestone benefit.

NFO alert: Bajaj Allianz Life launches Mid Cap Index Fund

The Bajaj Allianz Life Mid Cap Index Fund is designed to tap into the Nifty Midcap 150 Index's high-growth potential

Institutional shareholder dissent in Nifty-50 firms drops by 30% this year

The last year saw 63 dissenting resolutions, constituting 11.19 per cent of the total, while this year it decreased to 44, representing 9.24 per cent of the total resolutions presented

Jeevan Pramaan Patra: 5 convenient ways to submit your life certificate

Pensioners are required to furnish a life certificate/Jeevan Pramaan Patra to these PDAs in November every year either by presenting themselves personally or by delivering a life certificate

Low free float behind rally in most mid-cap, small-cap stocks: Kotak study

Stocks in the top and bottom performance quartiles had different free floats. Delivery value, relative to free float, was much higher for the top performers

India's gold bar, coin investments touch 55 tonnes, highest since 2015

Demand jumped 20% y/y and was 38% higher than its five-year quarterly average of 40t.

Aadhaar data on sale: A step-by-step guide to locking your biometric data

Aadhaar update: Last week, reports stated that the Aadhaar data of 815 million Indians was on sale on the internet. What can you do to protect your biometric data? Know here

Thailand, Srilanka and more: Countries where Indians can travel visa free

According to the latest Passport Index by Henley and Partners 2023, Indian passport holders can travel to up to 57 countries without a visa.

Tax deadlines to special FDs: 5 important financial dates in November 2023

One of the major requisites for pensioners post their retirement is to provide life certificates to the authorised pension disbursing agencies like Banks, Post offices etc.

56% of properties sold this year in Mumbai are priced above Rs 1 crore

The increase in property prices, combined with a significant 250 basis point rise in the policy repo rate during the last two years, has adversely impacted property registrations below the Rs 1 crore

Is inflation is eating into your earnings? How 50/30/20 rule can help you

According to the 50/30/20 rule, you should allocate your post-tax income into three main categories: 50 per cent for basic needs, 30 per cent for wants, and 20 per cent for savings.