Rupee gains in-line with equities, rises 16 paise to 79.65 against dollar The rupee appreciated 16 paise to 79.65 against the US dollar in early trade on Tuesday in line with a positive trend in domestic equities. At the interbank foreign exchange, the domestic unit opened at 79.70 against the dollar, then touched 79.65, registering a gain ...
Read More »Author Archives: LoanFinanceadmin
Driving licence, leaner’s licence, 56 other RTO services available online now; Check full list
Driving licence, leaner’s licence, 56 other RTO services available online now; Check full list [ad_1] You can now avail as many as 58 transport-related citizen-centric services online with the help of Aadhaar authentication on a voluntarily basis. These services include driving licence application and renewal, learner license application and renewal, vehicle registration, and transfer of ownership among others, as per ...
Read More »Ahead of IDBI privatisation, Centre working on tightening disclosure rules
Ahead of IDBI privatisation, Centre working on tightening disclosure rules As the Centre gears up to privatise banks including the IDBI Bank, it is tightening disclosure norms for bidders. Bidders will have to share the details of legal proceedings against them, if any, until the completion of sale transactions, a report in Economic Times (ET) stated. The ...
Read More »What are the 4 latest rule changes NPS subscribers, pensioners must know? Check here
What are the 4 latest rule changes NPS subscribers, pensioners must know? Check here [ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) and the Insurance Regulatory and Development Authority of India (IRDAI) have recently introduced a host of changes for National Pension System (NPS) subscribers and pensioners. If you invest in NPS or are about to retire, here are ...
Read More »Govt’s intervention to protect rupee takes large bite from record reserves
Govt’s intervention to protect rupee takes large bite from record reserves India’s intervention to protect the rupee is running down currency reserves at a rate that’s poised to eclipse the drawdown during turmoil a decade ago. While economists and the Reserve Bank of India aren’t ringing any alarm bells just yet, investors are watching closely given the ...
Read More »stocks: When net profits grow faster than economy: 6 stocks with up to 41% upside potential
stocks: When net profits grow faster than economy: 6 stocks with up to 41% upside potential [ad_1] National economic parameters have a bearing on the performance of stock markets due to the working mechanism of the economic system. A booming economy lifts consumer confidence which leads to increased spending on consumer products and services. The rising optimism supports stock markets ...
Read More »Retirement Goal: MF portfolio doctor: Late start, small corpus will pare Bhowmik’s retirement goal by half
Retirement Goal: MF portfolio doctor: Late start, small corpus will pare Bhowmik’s retirement goal by half [ad_1] Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if ...
Read More »Global Bond INdex: What India’s inclusion in global bond index means for local investors
Global Bond INdex: What India’s inclusion in global bond index means for local investors [ad_1] The local bond market is abuzz with murmurs that India may finally be included in a major global bond index. Indian bonds are likely to find space in JP Morgan Global Bonds Index – Emerging Markets, opening the gates to a flood of foreign inflows. ...
Read More »Credit Card Selection: How to choose the right credit card: Answer these 7 questions
Credit Card Selection: How to choose the right credit card: Answer these 7 questions [ad_1] Credit card issuers lure customers by offering a variety of joining benefits and co-branded deals. So, you need to be smart about which ones work best for you as your card usage should be aligned to your spending habit. Here’s a short quiz to help ...
Read More »Asset Monetization: 5 reasons you must monetise all assets
Asset Monetization: 5 reasons you must monetise all assets [ad_1] Assets must align to life cycle needs. This principle must have been repeated in various forms and examples in this column over time. But it comes back every now and then. The enthusiasm with which investors build assets, the sacrifices they make in the process, the pride they enjoy with ...
Read More »