Before starting a fixed deposit (FD), it is common for depositors to compare the interest rates offered by different banks so that they can maximise the income earned on it. Typically, banks offer high interest on their long term deposits and low when the deposit is made for a short period. A small difference of…
Buy or sell: The Indian stock market witnessed a downward trend this past week. In the last month, Foreign Institutional Investors (FII) were net sellers, offloading shares worth Rs. 87,000 crores. This month, FIIs have already sold shares worth Rs. 30,000 crores, a significant figure that has added to market nervousness. Additionally, the recent U.S….
Stock markets celebrated the Donald Trump administration’s pause on tariff hikes on Canada and Mexico, adding nearly ₹6 trillion of wealth as investors bet that a full-fledged trade war is unlikely. In the best day for the stock markets in a month, the Nifty ended up 1.6% at 23,739.25, while the Sensex closed 1.8% higher…
There are various means of ensuring that your payment is processed efficiently and promptly for whatever reason you might favour more traditional options or online ones such as net banking and smartphone applications. In order to help you manage your finances better, this provides an exhaustive rundown of these methods. What is a credit card…
If you are planning to take out a personal loan, it is recommended that you compare the interest rates charged by different banks so that you can get the best deal. The interest rate charged by a bank on a personal loan is typically a function of several factors such as the borrower’s credit score,…
Q3 results coming week: Indian corporates’ December quarter (Q3FY25) earnings have been mixed so far. Major IT companies such as TCS, Infosys, HCL Tech, Tech Mahindra and Wipro have announced their Q3 scorecards and now focus is on the banking heavyweights such as HDFC Bank and ICICI Bank, which will disclose their Q3 results in…
If you have a credit card which has a high annual fee, there could be a way to get this waived off. Sounds strange, but true. In some cases, banks give an offer to get the annual fee waived off so long as the card holder spends money beyond a threshold. How this works Suppose…
The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed 573.25 points (2.38…
Prior to investing in a fixed deposit (FD), depositors tend to compare the interest rates offered by different banks so that they can choose one bank over the other. Typically, the rate of interest and the tenure of FD go hand in hand. This means the longer the FD tenure, the higher the interest rate. …
To whom should Buch make this explanation? Who is institutionally responsible for holding her, or the head of any other statutory regulatory body, for that matter, to account? The realistic answer is piquantly vague, rather than definitive. This must change. Regulators should be accountable to parliamentary standing committees on relevant subjects. The Securities and Exchange…
