Personal Finance

Trading volume in dollar-rupee NDF hits record high on arbitrage activity

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, data from Clearing Corporation of India showed

Aggressive hybrid funds: Cope with mkt volatility, benefit from rate cuts

If interest rates decline, the bond component of these portfolios could generate capital gains. Conversely, rising interest rates may cause short-term losses

HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%

The bank offers fixed deposits (FDs) with tenures ranging from 7 days to 10 years, featuring annual interest rates between 3 per cent and 7.90 per cent

Mirae Asset launches smallcap fund, targets India's high-growth segment

The scheme will invest in quality stocks that show sustainable high earnings growth, high capital efficiency, good corporate governance and have low or negligible leverage

Israel launches e-visa for Indian travellers: How to apply & required docs

The e-visa platform is integrated with Israel's Entry Travel Authorization (ETA) system, ensuring efficient processing and prompt approvals

Consumer protection: Challenges of prolonged litigation, low compensation

Since no expert evidence was provided, the National Commission held that a "manufacturing defect" had not been established, but the repeated major repairs constituted a "deficiency in service"

Buying a home? Explore the best loan rates in January 2025

Terms vary and are influenced by several factors including your creditworthiness, loan amount, profession

Planning to buy a new car? Here are the best loan rates by several banks

The EMIs you pay on the loan will vary significantly depending on the interest rate

Riders on the storm: Indian biking comes into its own as riders hop on

With the advent of a slew of foreign makes, Indian bikers are now spoilt for choice, and the growing numbers of riders point to the emergence of a proper riding culture in the country

Guwahati emerges as fastest-growing spot for international travelers

According to Agoda's New Horizons report, Malaysia is an increasingly popular choice among Indian travelers heading abroad

Personal loan EMI calculator is equal to smart borrowing decisions

The digital tool aids in budgeting, and provides flexibility by allowing users to experiment with different loan tenures

Now, file rectification requests online for incorrect ITR processing

New feature added to the ITR portal streamlines rectification process, which previously required manual submissions and was often fraught with delays and complications

Key financial changes coming into force from Jan 1 that taxpayers must know

Several key financial deadlines have changed, including filing belated income tax returns (ITR) by the due date and availing of Vivad Se Vishwas scheme

Health insurance claims rejection up 19.10% in FY24: Irdai report

A claim is rejected or disallowed when an insurance company refuses to process it due to specific issues with its validity

These rule changes will impact how you file Income Tax returns in 2025

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July 2025

Build debt fund portfolio diversified across duration, watch volatility

Take limited exposure to longer-duration debt funds; match horizon with fund's portfolio duration

Key Financial Planning Tips Before Starting Your Career

From the humble chai to boutique teas, a beverage for all seasons

India is home to some of the most exquisite and premium teas, cherished for their unique flavors, but the humble chai holds its own special place even among aficionados

Looking for term insurance? These are the life cover policies available

Term insurance policies are a must for young professionals who have dependants and looking to insure their financial future

Loan moratorium: Understand benefit, impact, smart borrowing tips

It helps borrowers facing financial crisis but may result in accumulated interest on loan