When Prerna applied for a credit card with a comparatively high limit of 5 lakh rupees, in the first year of her job as a junior fashion designer, her application was denied on the basis of a low credit score, owing to her lack of credit history. During her conversations with her peers and seniors,…
Undoubtedly, the digital era has increased accessibility to financial products. Now that there are investment apps and online banking, handling money is easier than before. However, this accessibility may also come with a set of drawbacks. Most importantly, there has been a notable rise in consumer debt as a result of how easy it is…
Being the victim of identity theft or losing your debit or credit card can be quite upsetting. You must take immediate action to protect yourself from future financial loss. Blocking your ATM card right away is essential as the first line of defence against illegal transactions. The following simple steps can help block your debit…
Real estate has traditionally been considered one of the safest forms of investment, with recent research pegging 10-year returns on real estate investments at 10 per cent. However, savvy investors are now diversifying their portfolios with considered luxury real estate purchases that bear the allure of even higher returns and more market stability. Factors such…
Ceigall India IPO: The initial public offering (IPO) of Ceigall India Limited has hit the Indian primary market today. The public issue will remain open until 5th August 2024, i.e., Monday next week. The infrastructure construction company has fixed the Ceigall India IPO price band at â‚ą380 to â‚ą401 per equity share. The book build…
 Bank of India has revised its fixed deposit (FD) rates for deposits less than â‚ą3 crore and for deposit ranging from â‚ą3 crore to â‚ą10 crore. After the revision, Bank of India offers interest rates on deposit tenors of 7 days to 10 years ranging from 3% to 6% for fixed deposits up to â‚ą10…
The last date for filing an Income Tax Return (ITR), July 31, for the Financial Year 2023-24, has passed. As the Income Tax Department (IT Department) did not extend the deadline, income taxpayers who missed the ITR deadline are required to pay extra amounts as penalties while filing a belated return until December 31, 2024….
Previously, investments in ETFs and FoFs faced distinct tax rules, but the new regulations have streamlined these, creating a more favourable environment for ETFs. This shift not only reduces the time needed to benefit from long-term capital gains (LTCG), but also enhances trading convenience, positioning ETFs as the preferred choice for savvy investors looking to…
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on…
Several co-operative banks and regional rural banks (RRBs) were impacted on Wednesday, facing an interruption in retail payments, following a ransomware attack on associate technology service provider C-Edge Technologies Ltd, National Payments Corp. of India (NPCI) said in a statement. “It has been brought to NPCI’s notice that C-Edge Technologies Ltd, a technology service provider…
