Understanding Indexation in Mutual Funds and Eligible Schemes
When you sell mutual fund units, you are liable to pay capital gains tax on the profit earned. Capital gains tax depends on factors like the holding period and the…
RBI Policy Extends Opportunity for Fixed Deposit Investors to Secure Higher Interest Rates
The Reserve Bank of India (RBI) has opted to maintain the Repo Rate at 6.5%, a decision that is viewed positively by experts as beneficial for home loan borrowers and…
Gold Poised for Potential Rebound Amid Oversold Conditions Ahead of Non-Farm Payroll Data
Gold prices have experienced an over 11% decline since their May peak above $2,000 per ounce due to the Federal Reserve's hawkish stance, which has driven long-term bond yields to…
Study Shows Benefits of Professional Financial Planning
A study commissioned by the Financial Planning Standards Board (FPSB) highlights the positive impact of working with certified financial planners (CFPs) on individuals' financial well-being and overall quality of life.…
Calcutta High Court Halts Aadhaar Deactivation of Woman and Family Accused of Bangladeshi Citizenship
In a significant decision, the Calcutta High Court has issued a stay order against the Union Home Ministry's decision to deactivate the Aadhaar cards of a woman and her family…
New Fund Offer (October 2023): WhiteOak Capital Launches Balanced Hybrid Fund
WhiteOak Capital Mutual Fund has introduced the 'WhiteOak Capital Balanced Hybrid Fund,' an open-ended balanced scheme designed to invest in both equity and debt instruments. The New Fund Offer (NFO)…
L&T Shares Surge Over 2%, Reaching 52-Week High
Shares of Larsen & Toubro (L&T) experienced a surge of over 2% after the company secured several 'large' projects across various business units. The engineering and construction conglomerate's stock reached…
RBI Expected to Maintain Interest Rates Amid Growing Risks
The Reserve Bank of India (RBI) is anticipated to keep key interest rates unchanged during its Monetary Policy Committee meeting. Although the RBI faces rising global and domestic risks, including…
New Visa Rules Create Opportunities for Indian Students Studying Abroad
Recent changes in visa rules for international students have significantly impacted the decision-making process of Indian students aspiring to study abroad. These changes, aimed at attracting more international students, have…
Panel approves a Rs 60,000 billion urban housing subsidy program.
The Indian government is set to launch a new interest subsidy program worth Rs 60,000 crore, aimed at benefiting both the urban poor and middle-class citizens. Sources reveal that the…
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