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 ...
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Is it the end of WhatsApp's UPI ambition?
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?
Read More »lic: Analysts confident about LIC’s growth prospects: 4 reasons it’s this week’s stock pick
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 ...
Read More »5 money mistakes that college-goers can make
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, ...
Read More »How to realign your retirement portfolio
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 ...
Read More »How to file a complaint against RBI regulated entity under the Integrated Ombudsman Scheme
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, ...
Read More »Buy a used luxury car at half the price: Benefits, watch-outs
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, ...
Read More »How investors should approach risk management
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 ...
Read More »DSP Tax saver mutual fund review: Needs to catch up with index
DSP Tax saver mutual fund review: Needs to catch up with index [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 FACTS DATE OF LAUNCH 18 JAN 2007 CATEGORY EQUITY TYPE ELSS AUM* Rs.10,428 crore BENCHMARK ...
Read More »Shriram Finance turns India’s largest retail NBFC after merger: Group
Shriram Finance turns India’s largest retail NBFC after merger: Group Shriram Transport Finance Company (STFC), India’s largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer, have been merged to form Shriram Finance. Shriram Finance will be India’s largest retail-focused non-banking financial company, said the Shriram Group on Monday. Shriram Finance will be a diversified player ...
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