Bonds are finally within reach. But do you know what you’re buying?
Sebi’s ₹10,000 minimum has opened the bond market to retail investors. Before chasing a higher yield, here are the five things that matter.
Sebi’s ₹10,000 minimum has opened the bond market to retail investors. Before chasing a higher yield, here are the five things that matter.
Gold prices surged to a near three-month high on Friday, extending gains for a third straight week as a weaker US dollar and the US Treasury’s decision to increase bond buybacks supported demand for the yellow metal. Spot gold rose 2% to $4,603, taking its weekly gain to 5%, after earlier touching its highest level…
If you plan on switching jobs or careers, it does not necessarily mean your EPF savings and interest earnings have to stop. What happens to your existing balance and future contributions depends on the type of employment you move into. Whether you switch to another salaried job, become self-employed or move to an establishment with…
Bank holidays this week: All public and private banks across India will remain closed today, since 16 August is a Sunday. Hence, physical in branch banking services at all scheduled and non-scheduled banks will remain suspended today since SBI, HDFC, ICICI, PNB and other banks observe weekend off on all Sundays of the month. According…
The 8th Central Pay Commission (8th CPC) is in its consultation stage now, with plans to interact with employee and pensioner associations, federations, unions of central government, UT employees and other stakeholders across the country. Chaired by former Supreme Court Justice Ranjana Prakash Desai, the commission includes Pankaj Jain, a former IAS, as Member-Secretary, and Professor…
Dearness Allowance (DA) is a percentage of employees’ and pensioners’ basic salaries that aims to mitigate the impact of rising living costs for central government employees and retired pensioners, providing a buffer against inflationary pressures. Updated biannually using data from the All-India Consumer Price Index (AICPI), new announcements are made in March and October, with…
Shares of Vedanta Aluminium, Aditya Birla-backed Hindalco and National Aluminium Company (NALCO) fell as much as 7% to their day’s lows on Friday after aluminium prices retreated from a seven-week high. Norwegian aluminium major Norsk Hydro ramped up production at its Brazilian refinery, Alunorte, following approval from Brazil’s oil, natural gas and biofuels regulator ANP…