The current stock market boom has created a sense of euphoria among investors as their net worth soars along with rising share prices. However, this wave of optimism can easily breed complacency and overconfidence, so it is crucial to remain cautious in these markets. Humans are especially prone to being swept away by the onslaught … Read more
HDFC Mutual Fund has launched the NIFTY500 Multicap 50:25:25 Index Fund, which opened for subscription on August 6 and will remain open till August 20. There are regular and direct plan options, and each plan offers only growth options. This index includes all the companies that are part of Nifty500 Index with allocations to large … Read more
Reserve Bank of IndiaNew credit reporting rules for: From 1 January 2025, the Reserve Bank of India (Reserve Bank of India) will require lenders to update credit information twice a month, on the 15th and last day of each month. This change is designed to improve risk management and encourage more responsible lending behavior. Understanding … Read more
Have you ever wondered what you would do if you had a… fixed deposit Do you have an NBFC but want to withdraw it prematurely due to an emergency? Well, the latest guidelines issued by the Reserve Bank of India (RBI) to take steps to this end. The banking regulator published a regulatory framework through … Read more
Smart Debt Strategies: India’s household debt reached a record high of $617.3 billion in March 2024, up significantly from $486.7 billion in the previous year. This data, provided by Statista and CEIC, reveals a drastic increase in household debt over the years. The figures, updated annually from March 1998 to March 2024, show a peak … Read more
Sebi first issued the norms for research advisers in 2014. The idea was to create a framework through which individuals and entities could provide research and advisory services to the masses. As internet connectivity improved, many started offering these services online. Now, Sebi has said that anyone who makes money, directly or indirectly, from research … Read more
Propshare, a fractional real estate platform, recently became the first player to obtain a SM (small and medium) REIT license from Sebi. SM REITs are real estate investment trusts with an asset base between ₹50 crores and ₹500 crores. However, Propshare’s existing investors rejected the migration to SM Reit status. High upfront costs, including a … Read more
NEW DELHI India had 162 million demat accounts in June and 93 million SIP (systematic investment plan) accounts in July, a strong indicator of growing financialisation in the country. Still, there are places where terms like “Sensex” or “Nifty” are unfamiliar to people. Kargil, in the Union Territory of Ladakh, more than 200 kilometres from … Read more
The worker can save some taxes by opting for the old regime if he can make investments that allow him to save taxes and has expenses of at least ₹4.84 lakh. Now, only ₹Investments worth 1.5 lakh are allowed as tax deductions, while ₹3.35 lakh or more has to come from expenses like home loans, … Read more
With the latest budget announcement and the previous year’s budget directive, debt mutual funds have become unattractive and have been relegated to the back burner – a booming segment that has virtually been left to its own devices. This was also gleaned when the Mutual Funds Association of India released a six-point budget report on … Read more
