7 new altcoins to invest in for a 100x crypto pump explosion [ad_1] Finding the next crypto pump and dump can be a great way to earn a profit in the space with minimal effort. However, finding 100x crypto coin projects is a difficult task. This guide will look at some of the top crypto pump and dump projects on ...
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Rupee opens higher at 79.25 vs dollar as US inflation concerns ease
Rupee opens higher at 79.25 vs dollar as US inflation concerns ease The Indian rupee opened higher against the dollar on Thursday as a decline in the U.S. inflation rate boosted Asian currencies, lifting risk appetite. The rupee was trading at 79.25 per U.S. dollar by 0333 GMT, up from 79.52 in the previous session. **Asian ...
Read More »Rupee: Falling rupee: What it means for your investment portfolio, study abroad and foreign holiday plans
Rupee: Falling rupee: What it means for your investment portfolio, study abroad and foreign holiday plans [ad_1] Recent headlines have made for some uncomfortable reading. The rupee sank to record lows against the dollar, with the greenback costing Rs.80 in exchange. The local currency depreciated nearly 8% against the dollar since the beginning of 2022, before pulling back in recent ...
Read More »Monetary policy: Negative interest rates are a matter of concern, says RBI
Monetary policy: Negative interest rates are a matter of concern, says RBI After the MPC’s decision to hike repo rate by 50 basis point (bps) to 5.4 per cent, Governor Shaktikanta Das, Deputy Governors Michael Patra, MK Jain, T Rabi Sankar, and M Rajeshwar Rao spoke to the media. Edited excerpts: The rate hikes have been sharp ...
Read More »Money Transfer Rules: Want to send money abroad? Here are the rules, limitations, tax implications, charges, ways to transfer
Money Transfer Rules: Want to send money abroad? Here are the rules, limitations, tax implications, charges, ways to transfer [ad_1] If you’re planning to send money abroad, be it for your child’s higher education or a relative’s medical treatment, you can do so as per the RBI’s Liberalised Remittance Scheme (LRS), which falls under the Foreign Exchange Management Act 1999. ...
Read More »Banks can’t rely on RBI money ‘perennially’ for credit demand: Governor Das
Banks can’t rely on RBI money ‘perennially’ for credit demand: Governor Das Banks cannot always rely on the central bank’s money and they must mobilise deposits to fund credit offtake in the economy, said RBI governor Shaktikanta Das on Friday. His statement comes as the gap between credit and deposit growth is widening. There are concerns that ...
Read More »Maturity Mutual Funds: What are target maturity mutual funds?
Maturity Mutual Funds: What are target maturity mutual funds? [ad_1] 1.Target Maturity Funds are passively managed debt funds which replicates an underlying index. 2.TMFs are open-ended debt schemes with a specific maturity date. 3.TMFs hold the underlying bonds till maturity and an interest rate movement does not impact your returns if you hold till the maturity date. 4.The portfolio typically ...
Read More »NRIs can now pay utility bills through Bharat Bill Payment System
NRIs can now pay utility bills through Bharat Bill Payment System Non-resident Indians (NRIs) will now be able to make utility bill payments for their family in India as the Reserve Bank of India (RBI) on Friday proposed to enable Bharat Bill Payment System (BBPS) to accept cross-border inward payments. BBPS, owned and operated by the National ...
Read More »22 carat gold Jewellery price: 14-carat gold jewellery is 36% cheaper than 22-carat jewellery: Know resale value, charges, loan options
22 carat gold Jewellery price: 14-carat gold jewellery is 36% cheaper than 22-carat jewellery: Know resale value, charges, loan options [ad_1] When 23-year-old Harshita Thakur got her first salary, she wanted to buy some jewellery for herself. But the price of gold made her baulk. Searching online for something more affordable, Thakur stopped when she saw a ring from Mia ...
Read More »RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts
RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday hiked the policy repo rate by 50 basis points to 5.4 per cent — a three-year high —owing to inflation concern and to shield the exchange rate, which has come under pressure since ...
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