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Indian equities are likely to remain guided by a mix of domestic growth data, global market cues, crude oil prices and institutional flows this week, with investors tracking India’s first-quarter GDP data and the US non-farm payrolls report for fresh direction. On Friday, August 28, benchmark indices, the BSE Sensex and NSE Nifty50, ended higher,…
Young investors often hear that they have decades ahead of them and can therefore afford to take higher equity risk. While equity can indeed remain the core of a portfolio for long-term wealth creation, experts say this does not mean investors in their 20s or early 30s should avoid debt mutual funds altogether. Debt can…
Are you a borrower aiming to avail a fresh home loan of ₹1 crore or more? Then it becomes vital for you to clearly understand the implications of interest rates, processing fees, total repayment tenure, and other factors. This is because these factors, taken together, can make a substantial difference to the monthly EMIs and,…
American Express announced the end of its six-year-old Reward Multiplier programme, effective 30 September 2026, in an email to cardholders earlier this week. According to a CNBC TV18 report, this will directly impact Platinum, Gold, and Membership Rewards (MR) cardholders who relied on the feature to easily earn bonus points on select brands, including Apple,…
A credit report plays a vital role in determining how lending institutions check and assess an individual’s financial creditworthiness. That is why a credit report without any prior history of late payments or loan defaults helps borrowers in securing credit more easily. This makes focusing on one’s credit history, credit report and credit score indispensable….
The comfort and convenience of investing and managing life insurance online come with immense responsibilities. Clearly knowing what is genuine and what is a trap. This is because a lack of a proper understanding of the fundamentals can lead to serious financial crimes and setbacks. As technological improvements enable insurers and associated stakeholders to continue…
This fund, run by Carlisle Management Company, a Luxembourg-based firm, buys life-insurance policies from older Americans who no longer need them. It then pays the premiums, and when the policyholder dies, the fund collects the death benefit. The returns are this payout, minus what it paid to buy the policy from the original policyholder, plus…
IPO activity is heating up, but investors need to look beyond the hype. Here’s how to use an IPO’s red herring propsectus to assess financials, governance, valuation and other warning signs before subscribing.
Receiving an income-tax notice in the name of a family member who has died can leave legal heirs unsure about what to do. Should they respond to it, or is the notice automatically invalid because the taxpayer is no longer alive? Tax experts say legal heirs should not simply ignore such notices. They should first…
Bank holidays this week: Since 30 August is a Sunday, public and private sector banks across India, including SBI, HDFC, ICICI and PNB will remain closed today. Hence, physical in branch banking services at all scheduled and non-scheduled banks will remain suspended today on account of weekend holiday. According to Reserve Bank of India (RBI)…