Market News

India's pension regulator has launched NPS Sanchay for the informal sector. It aims to ease retirement savings for individuals with limited financial guidance. Full details here. 

Filing the correct Income Tax Return form is crucial. and taxpayers must select forms based on income sources. Here are the details about forms that salaried taxpayers and freelancers should choose. 

Effective management of monthly salary is crucial for financial stability. The 50/30/20 rule allocates income into essential expenses (50%), lifestyle spending (30%), and savings (20%), promoting disciplined budgeting, i...

FD laddering involves spreading investments across multiple fixed deposits with varying maturities, enhancing liquidity and flexibility. Here's how it works and how the strategy benefits investors when repo rate is c...

ChatGPT suggests a 3.25% withdrawal rate for early retirement in India, requiring an investment of ₹10-17 crore, depending on the city. It recommends maximising earnings before transitioning to lower-cost cities.

Senior citizens can choose between FDs and SCSS for income post-retirement. SCSS often yields higher returns, whereas FDs offer flexibility in contributions and payout structures. Full comparison here. 

Fixed deposits are popular for stable income, particularly among retirees. Banks provide various payout options, and non-cumulative FDs offer periodic interest payments. Here's how much investment is needed to earn �...

The Senior Citizens Savings Scheme (SCSS) offers Indian retirees a secure investment with guaranteed returns. Eligible individuals can invest a minimum of ₹1,000, with a maximum limit of ₹30 lakh. The scheme provides...

Leema Rose, wife of lottery baron Santiago Martin, has declared a staggering net worth of ₹5,863 crore in her nomination affidavit filed with the Election Commission of India. Leema is first-time AIADMK MLA from Lalgud...

In India, children's legal claims on property depend on whether it is ancestral or self-acquired. Ancestral property grants rights by birth, while self-acquired assets allow fathers complete control. Here are details...

A systematic withdrawal plan generates monthly or quarterly income for investors while keeping the remainder of their mutual fund corpus invested. Here's all you need to know about SWP

A Gurgaon-based woman has gone viral after sharing a detailed breakdown of her and her husbands monthly household expenses, revealing that the couple spends around ₹75,000 to ₹80,000 every month. 

Protect your credit score from silent damage caused by hidden credit behaviours that reduce creditworthiness, from high utilisation to missed payments and credit report errors.

Multiple credit card applications can lower your credit score due to repeated hard inquiries, which increase lenders' risk perception, while spaced applications and responsible credit usage help maintain a healthy cr...

The death of a family member disrupts finances, making it crucial to focus on financial matters. Key steps include obtaining a death certificate, listing assets and liabilities, managing insurance claims, and re-planning...

BlackRock Inc. plans to launch two money-market funds for stablecoin investors, including a digital version of its $6.1 billion liquidity fund and a new tokenized fund for crypto wallet users. 

Buying a car is a significant milestone for many Indians. Tax benefits for home and car loans differ, with deductions for the latter only available under certain circumstances. Here's a look at how it works

Account holders and registered bank customers are eager to know whether 9 May is a bank holiday. Check if SBI, HDFC, PNB and other banks are open or closed on Saturday with RBI's holiday calendar.

Fixed deposits remain popular among Indians for their safety and reliable returns. With tax-saving FDs offering deductions up to ₹1.5 lakh and interest rates as high as 7.90%, they are ideal for risk-averse investors s...

To fund a Europe trip, SIPs are safer and predictable, requiring monthly savings of ₹24,000- ₹25,000. Credit cards can be cost-efficient if repayments align with bonuses, but delays can lead to high costs. A hybrid s...

To curb digital payment fraud, the RBI has suggested measures such as lagged credit, a trusted person authenticating transactions for vulnerable individuals, prescribing a ceiling for annual aggregate credits in a bank a...