Flexi-Loan

Billionaire entrepreneur and venture capitalist Peter Thiel has built a reputation for identifying transformative companies long before they became household names. Thiel believes exceptional investment returns come from backing businesses that are fundamentally different, not merely better versions of existing companies. His ideas, outlined in his book Zero to One and various interviews, continue to…

Indore, Pride Hotels is looking to launch its initial public offering (IPO) by December, with the issue size expected to be around Rs 1,000 crore, as the hospitality chain accelerates expansion across leisure, wedding and corporate events and pilgrimage destinations, CEO Satyen Jain said. “We have opened nine hotels in the last 12 months. This…

Elevated global bond yields continue to cause concern in the market. Analysts say the US Treasury’s recent move to ease bond yields failed to provide lasting comfort, given surging crude prices and persistent inflation fears. Domestically, the RBI’s hawkish meeting minutes have pushed India’s 10-year yield to a two-month high, driven by local inflation risks…

Dearness allowance and dearness relief (DA and DR) is a percentage of the basic salary component for central government employees and pensioners. It is aimed at mitigating the impact of inflation and is adjusted bi-annually. Announcements usually come in March and October, with rollouts in July the same year and January in the next year,…

“The more the gap exists between these two events, the risk also increases dramatically,” said Sandeep Jethwani, co-founder of Dezerv. The company could go through a difficult period, its sector could see a downturn or the broader market could correct between the exercise and sale, he said. Jethwani recommends keeping the gap between exercise and…

For a long time now, I, along with many other mutual fund cheerleaders in India, have gone through a small monthly celebration. Amfi releases the previous month’s SIP figures, almost always a record, and we celebrate them as proof that the ordinary Indian has learned to save patiently instead of hiding in a ‘safe’ bank…

Mutual funds made notable purchases across large-, mid-, and small-cap stocks in July, with fresh buying seen in sectors ranging from pharmaceuticals and banking to technology, healthcare, and financial services. The buying trend shows that fund managers across different fund houses were positive on select stocks. While large-cap stocks are generally associated with greater stability,…

Banking eligibility in India varies significantly based on residential status and the specific account type. Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) cannot maintain standard resident savings accounts. Instead, they must utilize specialized options: Non-Resident Ordinary (NRO), Non-Resident External (NRE), or Foreign Currency Non-Resident (Bank) [FCNR(B)] accounts. Resident accounts are designed for individuals…

An SEBI Registered Investment Adviser shared a video recently to alert bank customers against fraudulent messages. Describing how the scam operates, he warned users and illustrated how one can spot fake texts from scamsters. The Delhi University Finance Professor named Vinny Arora posted the video on Instagram on Saturday in which he revealed that he…

In the current geopolitical environment of immense volatility and unpredictability, fixed deposits remain a trustworthy and preferred avenue for senior citizens to earn predictable, hassle-free returns. This is of immense importance because, after retirement, an individual’s earning potential generally decreases. Still, before locking into a particular fixed deposit investment, senior citizens should diligently check the…