Before raiding your Diwali bonus, read this five-step check list
In a year of widespread layoffs and uncertainty, it’s wise to strengthen your finances before spending on expensive stuff. Here is what finance experts have to say.
In a year of widespread layoffs and uncertainty, it’s wise to strengthen your finances before spending on expensive stuff. Here is what finance experts have to say.
Market veteran Vikas Khemani’s Carnelian Asset Management has filed a draft document with Sebi to launch its first fund, a liquid fund. Carnelian Liquid Fund will be an open-ended liquid scheme with a relatively low interest rate risk and moderate credit risk. The fund house received approval from the Securities and Exchange Board of India…
Shares of Praj Industries surged 6.50% to Rs 342.45 in Friday’s trading session after the company reported strong performance for the June quarter, with consolidated net profit more than doubling year-on-year. The company’s Q1FY27 net profit jumped 117% to Rs 12 crore, compared with Rs 5 crore in the corresponding quarter last year. Revenue from…
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting the economy, lifting FY26 growth to 7.7%, according to official data released on Friday. A strong showing by private investment and consumption backed the numbers. “GDP growth surprised on the…
That leads to the third question — whether a mutual fund fund-of-funds (FoF) does the same job in a better wrapper, Kumar asks. “A FoF is a scheme, so it sits inside Sebi’s mutual fund regulations with a trustee, a custodian, a daily NAV, a mandated portfolio disclosure and a cap on what it can…
Digital lenders’ personal-loan books expanded sharply in the year to June even as the number of outstanding loan accounts edged lower, pointing to larger balances as the driver of growth. The outstanding portfolio of digital-first NBFCs rose 28% to Rs 1,54,195 crore at the end of June 2026 from Rs 1,20,122 crore a year earlier,…
A fixed deposit offers predictable returns over a specified tenure, making it a preferred investment option for traditional or risk-averse investors. However depositors may sometimes fail to claim their maturity proceeds on time if they overlook bank notifications or do not receive them at all. In such cases, the accumulated corpus does not simply disappear…