Personal Finance

Say no to NFOs, buy direct plans and seek suggestions from Sebi RIAs

Sebi's new rule is a positive step towards investor protection. It will reduce mis-selling by aligning distributor incentives with investor interests and discourage unnecessary portfolio churn

Over Rs 20k cr of unclaimed amounts lie with life insurers at end of FY24

Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal

Australia's new rules prioritise international student visa processing

The changes apply exclusively to offshore student visa applications for students currently outside Australia

Paying rent with credit cards? Convenience versus costs & risks

By paying rent with a credit card, you can accumulate rewards, which can be redeemed for various benefits like travel, shopping, or bill payments

Metro brands promoters Alisha, Zia Malik buy Worli flats for Rs 81 cr each

Alisha Rafiq Malik and Zia Malik Lalji, co-promoters of Metro Brands, have invested in Mumbai's luxury real estate by purchasing two apartments in the Palace Royal complex in Worli for Rs 81 cr each

How senior citizens can enrol for PM-JAY & FAQs

Once the first family member aged 70 or above is enrolled, you can use the 'add member' feature on the enrolment portal to include other family members aged 70 or older under the AB PM-JAY Senior Cit

Top cashback credit cards to maximise savings on utility bill payments

Choosing the right credit card can significantly impact your monthly expenses, especially when it comes to utility bills

SC ruling decoded: Banks can charge you more for late credit card payments

With the removal of the 30% cap, banks and financial institutions may have more flexibility in setting interest rates on late credit card payments.

Insurance portfolio review: Up term cover with rising income, liabilities

A good rule of thumb is to purchase term cover amounting to 7-10 annual income, plus outstanding liabilities

Travel insurance for holidayers should depend on place, trip duration, age

Travellers are also increasingly opting for add-ons covering refunds, adventure sports, and cyber fraud

Indians can travel to Malaysia without a visa for 30 days until Dec 2026

Malaysia has officially extended its visa exemption for Indian nationals until December 31, 2026, allowing them to visit the country without a visa for up to 30 days.

All-inclusive 1-way fares from Rs 1499: Xmas discount offer from Akasa Air

The sale is valid for 'Saver' and 'Flexi' fares on bookings made between 24 December 2024 and 26 December 2024, for travel starting from 7 January 2025.

Algo trading: Understand risks, have realistic return expectations

The circular is expected to provide retail investors access to registered and approved algos, ensuring their interests are protected

Soon, unregulated loan apps may be banned with Rs 1 cr penalty, 10-yr jail

A definition of "unregulated lending activities" to cover loans offered outside the scope of existing regulations, including digital lending platforms

DBS Bank launches overseas education solutions with free transfers & loans

This programme helps Indian students studying abroad with zero-fee international transfers, education loans and travel insurance

Inflows into largecap MFs up 731% in a yr, sectoral funds see 289% growth

The Indian mutual fund industry has witnessed an over 135 per cent surge in net inflows and nearly 39 per cent growth in net AUM (Assets under Management) over the last one year.

New H-1B visa rule: Entrepreneurs can get visa sponsored by their own firm

"This change is promising for the growing number of Indian startups and innovators looking to access the US market," said Varun Singh, Managing Director at XIPHIAS Immigration

Ghajini, Queen producer Madhu Mantena buys 3 Juhu apartments for Rs 26 cr

The properties have been registered under the name of his company, Big Bang Mediaverse Private Limited.

Finance sector deadline for 'masking' KYC documents extended till Jan 20

Once security measure is enforced, registered reporting entities will only be able to view the last four digits of KYC identifiers such as Aadhaar, PAN, Voter ID, driving licence

Tax saving on mutual funds as Hindu Undivided Family: Here's how to do it

Income is taxed separately from individual incomes, preventing clubbing and reducing the likelihood of higher tax brackets