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Market News

Location American Market News for 25 August 2025
Warren Buffett backs THIS 90/10 investment mantra for his family: Should Indian investors follow? Warren Buffett's 9010 rule recommends investors allocate 90% to a low-cost S&P 500 index fund and 10% to short-term government bonds. While effective in the US, here's how Indian investors can adapt this stra...
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Credit score: What is the difference between soft and hard inquiry? Soft inquiry does not affect your credit score but hard inquiry affects, albeit marginally, it
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Minimum credit score not mandatory for first-time loans; will it benefit personal loan borrowers? MoS Finance Pankaj Chaudhary said in Parliament last week that banks could not insist on a credit score for first-time borrowers. This means that even borrowers with no credit report will be eligible to raise personal lo...
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From viewing passbook to tracking claim, EPFO subscribers can use Umang app for THESE services EPFO: Allotment and generation of Universal Account Number can now be done only through the Aadhaar-based Face Authentication Technology in the Umang App
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Will new Income Tax Act make things simpler for taxpayers? Experts weigh in The new income tax law differs from the existing one on several counts. It is concise, with fewer words and tax provisions. The number of sections has been reduced from 819 to 536.
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The pros, cons, and key takeaway of the first passive fund in the flexicap category Generally, the flexicap fund category's allocation to large-caps has been in the range of 62-78%, with less allocation to mid- and small-cap stocks. Here is the gap that a rule-based flexicap fund can look to fill. B...
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Income tax: What a higher threshold on perquisites means for employees The Central Board of Direct Taxes (CBDT) has revised monetary thresholds for determining the tax-free status of perquisites such as rent-free accommodation, concessional housing, employer-paid medical treatment abroad, i...
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Edelweiss MF CEO Radhika Gupta shares tip for GenZ to ensure savings: Before you see the money For young investors who express difficulty saving while enjoying life's small pleasures, Radhika Gupta has some advice on how much and how to save, adding that life is not a choice between YOLO and savings.
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Wrongly enrolled in EPS? Getting your money back could take a year or more Flawed EPS contributions are only corrected after financial years close-leaving workers stranded without access to their provident fund.
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Do you pay tax on lottery or game show winnings? Heres the breakdown Income tax: Lottery and game show winnings are taxed at a flat 30 per cent with no deductions, exemptions or slab benefits, making accurate disclosure of gaming income crucial for taxpayers.
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Gurgaon gang running fake credit card scam caught; how to protect yourself from fraud calls A fake credit card scam was busted in Gurugram where fraudsters tricked users with bogus offers; here are essential tips to protect against fraud calls and safeguard financial data.
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Switching jobs? How it can make or break your personal loan approval Switching jobs can impact personal loan approval as lenders assess job stability, credit score, income, and repayment history, making employment continuity vital for boosting loan eligibility and financial confidence.
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YES BANKs POP-CLUB Credit Card rewards 10% POPcoins for online transactions. Details here YES BANK POP-CLUB Credit Card: The card provides 10% POPCoins on online spends and 2% POPCoins on offline spends, with 5% additional POPCoins on UPI spends.
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