Rupee falls 24 paise to 82.09 against dollar in line with domestic equities The rupee declined 24 paise to 82.09 against the US dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers ...

rbi repo rate hike: No further extension of home loan tenure for many if RBI hikes repo rate again [ad_1] Home loan borrowers are in for a lot more pain as the Reserve Bank of India (RBI) is widely expected to increase the repo rate again on December 7, 2022 during its bi-monthly monetary policy review. The equated monthly instalments ...

Cooling prices give Reserve Bank of India space to slow interest-rate hikes India’s central bank will probably start slowing the pace of interest-rate increases on Wednesday, signaling it’s near the end of its aggressive tightening cycle. After 190 basis points of rate increases this year, including three half-point moves, the six-member Monetary Policy Committee led by Governor Shaktikanta ...

Is it the end of WhatsApp's UPI ambition? The free run for PhonePe and Google Pay is likely to continue, as the 30% market cap mandate will not come into force for another two years. So, what does it mean for new players like WhatsApp?

lic: Analysts confident about LIC’s growth prospects: 4 reasons it’s this week’s stock pick [ad_1] Government-owned Life Insurance Corporation of India (LIC) reported decent numbers in the first half of 2022-23, supported by 48% y-o-y growth in annual premium equivalent (APE) and 132% y-o-y growth in the value of new business (VNB). However, the growth in embedded value (a measure ...

5 money mistakes that college-goers can make [ad_1] As teenagers leave school and step into college life, the newfound freedom and confidence needs to be tempered with restraint and discipline that only parents can provide. This is also true of financial habits and decisions. Increased social interaction and entertainment, independent handling of day-to-day expenses, move to new cities for education, ...

How to realign your retirement portfolio [ad_1] Sandeep is a 65-year-old retired senior executive who lives on the pension from the government. He supports his wife, but has no other financial commitments. His pension is adequate to meet the household requirements but not enough to cope should a large sum of money be required suddenly. A few months ago, his ...

How to file a complaint against RBI regulated entity under the Integrated Ombudsman Scheme [ad_1] Any person who has a grievance or complaint against a Reserve Bank of India (RBI) regulated entity, such as a bank, non-banking fi nancial company (NBFC), or payment system participant, can lodge their complaint through a centralised complaint redressal system under the Integrated Ombudsman Scheme, ...

Buy a used luxury car at half the price: Benefits, watch-outs [ad_1] Recently, Mercedes Benz hit headlines in India when its Sales and Marketing Head, Santosh Iyer, mentioned how sales of luxury cars are low in the country because people prefer to save their money and invest in SIPs. There was a deluge of memes and comments on his statement, ...

How investors should approach risk management [ad_1] Should you approach risk management in investing as you would a puzzle or a mystery? In a jigsaw puzzle, all the pieces have a defined place and will fit only in that place and nowhere else. But in a mystery you are dealing with the known, the unknown and the unknown ‘unknowns’. These ...