4 reasons IndiGo is this week’s stock pick [ad_1] Helped by the resumption of international air travel, easing of flight capacity restrictions and strong passenger yield, low-cost airline company InterGlobe Aviation (IndiGo) reported strong revenue growth of 328% y-o-y and 60% q-o-q in the first quarter of 2022-23. It also managed to narrow its net loss in both periods. Though ...
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4 NBFC stocks with up to 37% upside potential
4 NBFC stocks with up to 37% upside potential [ad_1] After three years of single-digit growth, the NBFC sector is expected to see strong traction in 2022-23. This will be enabled by strong disbursements across product segments, rising consumer spending, growth in the automobiles sector and decent economic growth. According to a recent Crisil report, the AUM of NBFCs will ...
Read More »Money musts during divorce: Woman must keep her interests in forefront when negotiating settlement
Money musts during divorce: Woman must keep her interests in forefront when negotiating settlement [ad_1] A dear friend, whom we shall name Mona, sought to divorce her husband of 27 years. She had recognised their incompatibility early on, but persisted in the marriage in the interest of her children. Now that both children were educated and employed, emboldened by what ...
Read More »How to estimate expenses after retirement
How to estimate expenses after retirement [ad_1] Binaifer, 30, is an independent interior designer who has done well with planning and saving for many of her goals. But when it comes to retirement planning, she is intimidated by the idea of trying to estimate her financial needs nearly three decades into the future. Binaifer wants to avoid the error of ...
Read More »Rising interest rates mean a 20-year home loan will take 25 years to repay: What borrowers can do
Rising interest rates mean a 20-year home loan will take 25 years to repay: What borrowers can do [ad_1] Imagine taking a 20-year home loan and paying EMIs for more than 26 years. The flurry of repo rate hikes by the RBI in recent months have pushed up home loan rates from 6.7% in April to 8.1% now. This will ...
Read More »True and false lessons from the 2008 stock market crash
True and false lessons from the 2008 stock market crash [ad_1] A few days ago, I came across an article that was more than a decade old but is worth a careful re-read. It was an excerpt from a letter to investors written by US fund manager Seth Klarman. The letter was written in late 2009 or early 2010, and ...
Read More »Central Govt DA: 7th Pay Commission: Dearness relief hiked by 4% for central govt pensioners; notification issued
Central Govt DA: 7th Pay Commission: Dearness relief hiked by 4% for central govt pensioners; notification issued [ad_1] The government has hiked the dearness relief (DR) component for central government employees by 4% effective from July 1, 2022. The DR has been hiked to 38%, according to the office memorandum (OM) Department of Pension & Pensioners’ welfare (DOPPW). According to ...
Read More »RBI cancels Seva Vikas Co-operative Bank’s licence: What depositors should know
RBI cancels Seva Vikas Co-operative Bank’s licence: What depositors should know [ad_1] The Reserve Bank of India (RBI) has cancelled the licence of Pune-based Seva Vikas Co-operative Bank as the lender does not have adequate capital and earning prospects. The bank will cease to carry on banking business, with effect from the close of business on October 10, 2022, stated ...
Read More »6 tips to escape online frauds
6 tips to escape online frauds [ad_1] 6 tips to escape online frauds [ad_2]
Read More »NSC interest rates: What is the latest National Savings Certificate interest rate?
NSC interest rates: What is the latest National Savings Certificate interest rate? [ad_1] The NSC interest rates are set up by the government and revised every three months (i.e., quarterly). The NSC interest rate for the quarter ending December 31, 2022 is 6.8%, compounded yearly. 5 Years National Savings Certificate Minimum investment that should be made is Rs 1,000 and ...
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