What is the 20/10/4 rule when taking a car loan [ad_1] 1.This is a thumb rule used while buying a car on a loan.2.20% of the onroad price of the car should be paid as down payment while booking the vehicle.3.The EMI should not be more than 10% of the monthly income.4.The loan tenure should be for a maximum of ...

When investing in the stock market, this is where new investors can go wrong [ad_1] The most dangerous time for stock investors is right at the beginning, when they have just started. Compared to equity mutual funds, and certainly compared to all debt funds and deposit-type investments, this is most unusual. In equity mutual funds, most individuals make a beginning ...

Higher inflation, muted demand and consumption slowdown impacted India Inc performance in December quarter [ad_1] India Inc reported muted performance in the third quarter of 2022-23 due to subdued demand, weak consumption in rural India and poor performance of energy and metal companies. From the Nifty 100 universe, 93 companies reported an aggregate revenue growth of 18.2% y-o-y on a ...

Retirement planning: How to plan regular income, investments, healthcare expenses, estate planning [ad_1] After putting in years of work and toil, comes the golden age of a retired life. However, the fact that we are no more earning a salary or income is hard to digest. So, when it comes to personal finance, it is important that we prepare for ...

Retirement planning must obsessively consider this decade of the 70s and explicitly and generously provide for it [ad_1] A few weeks ago we discussed how super seniors seem to be spending less. One of the takeaways there was to not view retirement as one 30-year block. How does one chunk it out and how might that help? The first five ...

First time in many years, fixed deposit rates turn positive at 8% As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab & Sind Bank top the chart offering a cool 8-8.50 per cent per annum. ...

Want to holiday in Karnataka? Here’s how much it will cost you [ad_1] This southern state, known primarily for its tech capital Bengaluru, offers a versatile range of attractions. From its rich history, culture and cuisine to geographical diversity, wildlife and adventure activities, there’s something for everyone. You can see it all in a longer trip of 10-12 days or ...

Public sector banks improve business growth in Q3, shows RBI data Backed by robust demand and healthy financials, public sector banks (PSBs) improved their business — advances and deposits — during the third quarter ended December 2022 (Q3), according to RBI data. State-owned banks increased their credit portfolio by 15.7 per cent during the calendar ...

PM Kisan 13th installment released; how to check status online [ad_1] Prime Minister Narendra Modi released the 13th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) initiative, worth over Rs 16,000 crore on February 27, 2023, during his Karnataka visit. Under the PM-Kisan scheme, the eligible farmers will receive an installment of Rs 2000 into their registered bank accounts. ...

Senior citizen FD rates: 5 banks offering best 1-year FD interest rates [ad_1] Senior citizen FD rates: 5 banks offering best 1-year FD interest rates [ad_2]