Finance Minister Nirmala Sitharaman on Wednesday launched the Vatsalya Scheme of the NPS (National Pension Scheme), which will enable parents to save for their children’s future by investing in a pension account. (Photo: PTI) 1 minute read Last update: September 20, 2024 | 21:48 IS Around 9,700 underage subscribers signed up for NPS Vatsalya on … Read more
The Indian stock market has grown dramatically over the past few decades, attracting millions of investors looking to grow their wealth. However, navigating the stock market can be a daunting task, especially for beginners. One of the most important decisions you will make as an investor is choosing the right stockbroker. A reliable broker can … Read more
SIP Investment and 10X20X15 Formula: In the current investment landscape, there are numerous options, but among all of them, the Systematic Investment Plan (SIP) stands out as one of the most effective strategies for wealth accumulation. If you are someone who aspires to build a significant financial corpus through consistent and disciplined contributions, SIP investment … Read more
3 minutes reading time Last update: September 20, 2024 | 19:40 IS With the Reserve Bank of India (RBI) urging non-banking financial companies (NBFCs) to reduce their dependence on banks and mutual funds turning conservative after the Franklin Templeton incident, NBFCs are increasingly turning to the bond market to raise funds. According to the PRIME … Read more
The Centre has recently expanded the scheme that allows central government employees to visit Jammu and Kashmir, Ladakh, Andaman and Nicobar Islands and the North East region on a two-year LTC concession. Which central government employees will be eligible for this LTC scheme? When will they have to visit these selected regions and apply for … Read more
The Securities and Exchange Board of India (SEBI) has announced new guidelines allowing mutual funds in India greater flexibility to engage in credit default swaps (CDS). Previously, mutual funds could only participate in CDS transactions as buyers, mainly to hedge credit risks on corporate bonds within fixed maturity plans (FMPs) with a duration of more … Read more
4 minutes reading time Last update: September 20, 2024 | 16:33 IS The UK government has launched a national initiative urging all migrants, including a large number of Indians, to switch from physical immigration documents to electronic visas. The move is part of the country’s plan to fully digitise its border and immigration system. Immigrants … Read more
If you are planning to retire in the next 10 to 20 years, even a small deviation in your investment or retirement plan can result in a Monthly income In the post-retirement period, the impact can be enormous. That’s why it’s important to plan well so as not to be surprised at the last minute … Read more
LIC Mutual Fund, one of India’s oldest fund managers, has launched ‘LIC MF Manufacturing Fund’, an open-ended investment scheme focused on the manufacturing sector. He New Fund Offering (NFO) is open for subscription until October 4, 2024. Units will be allocated on October 11, 2024. Objective and theme of investment The LIC MF Manufacturing Fund … Read more
3 minutes reading time Last update: September 20, 2024 | 12:09 pm IS IDFC First Bank on Thursday launched the Mayura credit card, adding a new option to its range of premium metal cards. The card is designed for those seeking style and benefits, with a focus on rewards and travel perks, according to the … Read more
