RBI announces buyback of G-Securities worth Rs 25,000 crore through auction on THIS date; see details here

The Government of India has announced the buyback of its securities through auction for an aggregate amount of $25,000 crore (nominal value), the Reserve Bank of India announced (driven) on Friday. He g values with a coupon rate of 7.72 percent will expire on May 25 of next year. The securities with a coupon rate … Read more

Sovereign Gold Bonds: Understanding Income Tax Exemption on SGB Early Redemption

He had invested in sovereign gold bonds (SGB). I opted for early repayment after five years. Are the profits made on such early redemption also exempt from tax, like the redemption upon maturity? Should I declare long-term capital gains on these bonds in my ITR2? TO Sovereign gold bond (SGB) is the best way to … Read more

Alia Bhatt’s Jigra: Discovering Essential Money Lessons Amid Family Drama

Vasan Bala, who gave us the unforgettable Mard Ko Dard Nahi Hota, gets a huge budget with Dharma Productions Jigra. Alia Bhatt plays Satya, the family’s troubleshooter: she carefully and emotionlessly sends the rich groom’s poor bride to London to have her baby while he marries a rich, chosen bride, knowing that even if it’s … Read more

Is it advisable to get a personal loan to consolidate multiple debts? Check pros and cons

If you have several loans to take care of and you want to pay them all at once, what would you do? Getting a new loan doesn’t seem rational. However, you can opt for this if you want to withdraw the current loans and consolidate them into a new one. personal loan. You can do … Read more

Star Health data leak: What recourse do policyholders have?

The company suffered a serious hacking episode last month in which a hacker using the alias “xenZen” created a website and Telegram chatbots to leak sensitive personal data of his policyholders, from names, phone numbers, email IDs and addresses to financial and insurance information. health. The hacker said Star Health’s chief information security officer, Amarjeet … Read more

Long-term or short-term personal loans: which option is best for you?

When considering a personal loan, a key factor to evaluate is the duration of the loan, which refers to the repayment period agreed upon between you and the lender. Understanding the differences between short-term and long-term holdings is essential to selecting the option that best suits your financial situation. Read also | Why do people … Read more

Amitabh Bachchan Net Worth: A Sneak Peek at Big B’s Luxury, Assets and Investments as He Turns 82

Amitabh Bachchan, one of India’s most famous actors, turns 82 today. Big B, as he is affectionately called, has a significant net worth built from his long career in bollywood and various investments. Based on Rajya Sabha MP Jaya Bachchan’s affidavit data compiled by election watchdog Association for Democratic Reforms (ADR), here is a simplified … Read more

Secured credit cards: How do they work? Are they a good option for those with a bad credit score?

What would you do when you don’t have a credit history Or a bad one and you intend to purchase a credit card? Your credit card application will most likely be declined. But as they say, there is always a light at the end of the tunnel for optimists. Such applicants can opt for a … Read more

Am I eligible for the surrender value after payment of the first year’s premium?

I bought a life insurance policy in 2023, but I plan to give it up because I lost my job. I heard that the surrender value will also be available after a year. What do I have to do? -Name withheld upon request As per the new rules of the Insurance Regulatory and Development Authority … Read more

Do you want to retire early but don’t know how? Here’s a simple guide to calculating your FIRE number.

Financial Independence, Retire Early (FIRE) is a popular movement in which people save and invest extreme amounts with the goal of leaving the workforce well before the traditional retirement age. However, many applicants struggle to calculate their ‘FIRE number’ – the amount they must accumulate to never have to work again. The calculation is complex … Read more