Time to review your personal finances: 4 things you must check [ad_1] The last quarter of a financial year is when one should take stock of their finances to ensure that they are on track with their goals and are also well-protected in line with inflation, changing nature of expenses and other dynamic factors. Investment checkMake a consolidated list of ...
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No provision to refund accumulated corpus under NPS to state govt: FinMin
No provision to refund accumulated corpus under NPS to state govt: FinMin There is no provision in the Pension Fund Regulatory and Development Authority Act, 2013 under which the accumulated New Pension Scheme (NPS) corpus can be refunded to the state governments that have reverted to the old pension scheme (OPS), the minister of state for finance ...
Read More »ABSL Flexi cap mutual fund review: Needs a sharp turnaround; should you stay invested?
ABSL Flexi cap mutual fund review: Needs a sharp turnaround; should you stay invested? [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTSDATE OF LAUNCH27 AUGUST 1998CATEGORY EQUITYTYPEFLEXI CAPAUM*Rs.16,192 CroreBENCHMARKNIFTY 500 TOTALRETURN INDEX WHAT IT ...
Read More »Muthoot Finance December quarter profit beats estimates on high gold prices
Muthoot Finance December quarter profit beats estimates on high gold prices BENGALURU (Reuters) – Muthoot Finance Ltd reported a third-quarter profit on Monday that beat analysts’ estimates, as higher gold prices boosted demand during the festive season. The gold financing company reported a profit of 9.02 billion rupees ($109.14 million) for the three months ended ...
Read More »Debt mutual funds get a passive makeover; will this make it compelling alternative to bank FDs?
Debt mutual funds get a passive makeover; will this make it compelling alternative to bank FDs? [ad_1] Industry leader in the passive debt funds space, Edelweiss AMC is giving investors a taste of another industry-first offering, an open-ended short duration index fund. While its previous innovation—target maturity funds—carved out a new category of debt funds, this offering is throwing down ...
Read More »LIC Housing Finance December quarter profit declines 37% as costs weigh
LIC Housing Finance December quarter profit declines 37% as costs weigh BENGALURU (Reuters) – India’s LIC Housing Finance Ltd reported a 37% decline in third-quarter profit on Monday, hit by higher financing costs and as impairment charges more than doubled. The company, a unit of Life Insurance Corp of India, said net profit fell to ...
Read More »Best Fd Interest Rates: FD interest rate up to 7.25%: 5 banks offering best 1-year fixed deposit interest rate
Best Fd Interest Rates: FD interest rate up to 7.25%: 5 banks offering best 1-year fixed deposit interest rate [ad_1] With a fixed deposit, you can safely save money by placing a specific sum of money in an account for a predetermined period of time at a predetermined interest rate. You will get both the capital you put down as ...
Read More »Rupee falls 1% as robust US payroll data stokes Fed rate hike fears
Rupee falls 1% as robust US payroll data stokes Fed rate hike fears The rupee weakened 89 paise, or 1.08 per cent, vis-a-vis the US dollar on Monday, suffering its biggest single-day fall in four months on the back of unexpectedly strong US employment data, which stoked fears that the US Federal Reserve would hike rates for ...
Read More »EPFO: EDLI insurance claims: EPFO clarifies on assurance benefits payable to Employees’ Deposit Linked Insurance Scheme beneficiaries
EPFO: EDLI insurance claims: EPFO clarifies on assurance benefits payable to Employees’ Deposit Linked Insurance Scheme beneficiaries [ad_1] In October 2022, the Employees’ Provident Fund Organization (EPFO) had issued a clarification on the insurance claims under EDLI. It had stated that it has received complaints under the Employees’ Deposit Linked Insurance Scheme (EDLI) where an employee has passed away while ...
Read More »The FM has good news for those who don't use up their leaves
The FM has good news for those who don't use up their leaves [ad_1] The FM has good news for those who don’t use up their leaves [ad_2]
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