The past few weeks have been tough for the Indian markets. While a 10% fall in indices isn’t unusual, the frequency of such falls has fallen significantly since the pandemic and as a result, new investors are learning lessons that old timers have known for years. With that, let’s come to the topic at hand…
Most shoppers prefer using credit cards as a mode of payment for online shopping over in-store purchases. More than 48% of credit card users stated in a survey that they chose only credit cards to make payments on online purchases during the festive season. Credit card usage Around 45% users mostly chose credit cards for…
Three years after India unveiled the account aggregator, or AA, framework to facilitate consented sharing of consumers’ financial information, multiple gaps still plague the system that was rolled out as an overarching network connecting various regulators and market players. The account aggregator framework is meant to give individuals greater visibility and control over all their…
Considering your moderate risk appetite as mentioned in your query, your preference towards protecting the downside is natural and we completely understand it. Considering you have 18 years to retirement, which is long-term from all perspectives, you can consider a combination of BAFs and aggressive hybrid funds to generate better risk-adjusted return for your portfolio. …
If you are planning to raise a personal loan for any amount then remember that your equated monthly instalment (or EMI) is contingent on two factors i.e., time duration and rate of interest. Among these two factors, amount of EMI is directly proportional to the rate of interest that the bank charges, and inversely proportional…
Personal loans are the most widely applied financial tool when the individual has an urgent need, such as medical, house improvement, or rescheduling debts. More weight is given to interest rates, but processing fees and even hidden costs are significant cost drivers when it comes to a loan. Only if one understood these expenses would…
Domestic stock markets on November 19, 2024 showed some bounce back after consistent selling pressure at the beginning of this week. | Photo Credit: Reuters Stock markets across the country remained closed on Wednesday on account of the assembly elections in Maharashtra. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) observed a…
Union Finance Minister Nirmala Sitharaman recently hinted at the need to cut interest rates for the sake of growth. In a covert hint, which can be construed as a nudge, she hoped for the lending rates to be more affordable. At an SBI event held in Mumbai on Monday, Ms Sitharaman said that the bank…
Personal loans are one of the most sought after products in the field of finances, since they fulfil the need for instant money for any purpose. Personal loans can be rather beneficial and convenient at the same time as it has its advantages and on the other side it also has the risks which are…
Have you recently come across a video where Reserve Bank of India Governor Shaktikanta Das is seen giving investment advice? This is another deepfake video intended to trick investors into making investment in fraudulent platform(s). This is not the first time when fraudsters tried fleecing gullible investors with the aid of a public figure’s “video”….
