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Market News

Location American Market News for 24 February 2025
Investment word of the day: Extended Internal Rate of Return -- what is XIRR and why is it crucial for MF investors? XIRR is a financial metric essential for investors managing multiple transactions across different times. It provides a precise return estimate for SIPs and mutual funds by accounting for irregular cash flows.
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Mutual Funds: Does the date of SIP make a difference to the long term wealth creation? There are some investors who believe that investing in an SIP on a particular date makes a difference to the overall wealth creation. Wealth advisors, have a different take on this
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Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.
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Managing finances across borders? Finding the right collaborators is crucial. Here's how a 60-year-old woman navigated her inheritance in the US, her mother's finances in India, and her own future in Norway after her father passed away in February 2023.
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Google Pay rolls out convenience fee on utility payments. Check details Google Pay will now charge a convenience fee on utility payments made with credit and debit cards, ranging from 0.5% to 1% of the transaction value, including GST. This follows similar actions by PhonePe and Paytm, raisi...
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Personal loan pre-closure: 4 key factors to consider before paying off early Factors to decide on personal loan pre-closure: has the loan completed the lock-in period, are the interest savings meaningfully higher after the foreclosure fee, will foreclosure halt your credit score progress or finan...
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RBI to stop banks from levying foreclosure charges or prepayment penalties on loans. Details here According to the latest rules, when a loan borrower decides to foreclose a floating rate loan or prepay it, the bank will not be supposed to levy any charge or penalty.
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How to choose the perfect personal loan? 5 key factors to keep in mind Personal loans are one of the most popular financial options for individuals who require money. These funds can be required for any reason, whether it is medical treatment, renovation of the house, planning for future ed...
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Which bank has the best personal loan? Compare top lenders for low interest rates Personal loans remain a popular tool for Indians to get money in a hurry for a variety of purposes, from medical emergencies to renovating homes. With several banks competing with one another, it is necessary for an indi...
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Legal rights against credit card fraud: What every consumer should know Credit card frauds are on the rise in India, and most of them are happening through internet transactions. Rapid digitalization of payment services is also a crucial factor facilitating: credit card scams, loss of funds ...
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Can a tax refund be claimed only before ITR filing due date? Since the only condition under section 239 for claiming a refund is to file a tax return under section 139, both revised and belated returns are covered under this provision.
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ITR filing 2025: Opted for the new income tax regime? These 3 deductions may help you save money, maximise savings ITR filing 2025: Choosing between old and new tax regimes in ITR filing 2025 involves understanding benefits like standard deductions, NPS contributions, and specific exemptions
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After the Budget, updating ITR may cost you more than a reassessment Budget 2025's ITR update window looks like a win for taxpayers--until you realise that cost of voluntary compliance by filing an updated return in the third or fourth year is much higher than getting a reassessment notic...
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How to build lasting wealth: Top tips for your 20s and 30s India has the highest population of all the countries in the world. India also is the fastest growing economy among all the major economies. It is common knowledge that humans are the real capital of any civilization.
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Personal student loans: Benefits, eligibility, interest rates and more In today's cut throat competitive environment personal student loans are becoming increasingly popular among Indian students who need financial support to meet their educational requirements and aspirations.
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Personal loan: Choosing the right tenure can help you optimise your EMI A personal loan EMI calculator helps you calculate the optimum monthly instalment as it allows you to tweak different inputs to arrive at the desired outcome
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Credit cards: 5 popular cards offer discounts on movie tickets. Check details here Here we list out five popular credit cards which offer discounts on movie tickets apart from other rewards
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Amid global risks, Indian retail investors increase their allocation to bonds and fixed deposits Retail investors in India are increasingly investing 15%-20% of their portfolios in fixed-income assets like corporate bonds and NCD IPOs amid market volatility. Experts emphasise the importance of due diligence and regu...
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Credit cards: When should you pay the minimum due? Key advantages of this There are a few scenarios wherein paying the minimum due can be advantageous to credit card users
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What are the key advantages of UPI credit cards? Check details here UPI credit cards enable you to make instant payments via digital payment interface without losing money from your bank account in real time basis.
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Credit Card: Why accessing airport lounge may be more difficult than it sounds? THESE are points to remember There could be several reasons for the denial of lounge access. Here, we list 8 key reasons for which the lounge access is denied while you possess a credit card that allows airport lounge access.
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How to choose the right personal loan for you? THESE are the key things to keep in mind Personal loan: At the outset, you should compare the interest rates of different banks. And obviously, you would choose the one which is lowest of all.
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