IPO Financial News
29.10 / 15:27
UPS
IPO
Platform
smart money
Smart money moves for a debt-free festival season
Festive season is the right time to make big-ticket purchases as retailers and financial institutions announce appealing discounts and offers on their products. These attractive discounts often lead consumers to spend beyond their repayment capacity. However, before spending, you must consider your financial fitness to avoid any financial exigency.
29.10 / 15:13
Facebook
IPO
Compilation
Labour Min hikes minimum wages for central sphere workers from Oct 1
The Ministry of Labour and Employment has revised the rate of variable dearness allowance for 1.5 crore central sphere workers. The hike, which will be effective from October 1, will result in an increase in the minimum wages for central sphere employees and workers.
29.10 / 12:57
Facebook
UPS
IPO
Your Money-Mutual funds: How holding period impacts taxation
If you invest in mutual funds, it is important to know the tax implications on your investments. Mutual funds are taxed according to the holding period or the investment duration. There are two types of holding period—long-term and short-term. Different types of mutual funds have different measures for what constitutes a short-term holding period and long-term holding period.
29.10 / 09:39
IPO
Digital
Action
Financial
80% of Indians admit to Covid-19 having been a wakeup call to fix their financial health: Survey
Challenging and disruptive as Covid-19 has been, it is also shaping behaviours towards personal finance. According to the findings of the Scripbox Survey for World Savings Day 2021, 80 per cent believe that Covid-19 has been a wake-up call for them, to get their personal finances in order and to course-correct for better financial health. One in three respondents says that the biggest stressor during Covid-19 has been financial health and well-being, ahead of physical health and relationships.
28.10 / 22:03
UPS
IPO
Festive cheer for realty sector, Govt aid required to sustain bonhomie
After Q2 2021, a lot of optimism seeped into the real estate sector; the sales started picking up from June 2021. The sector was hoping for a turnaround from the festival season, and it would be right to say that the festivity did not let the sector down. The latest reports indicate that the new launches and sales have picked up tremendously during the July-September 2021 quarter. However, the festival has not yet ended and looking at the momentum, and the sector will come out smiling.
28.10 / 22:03
Facebook
IPO
Merit
Challenges of Cashless Health Insurance – All you need to know
The pandemic has been an eye-opener for people and most since then have started opting for insurance, especially health insurance. Medical expenses have also been spiking for the past few years. Along with that, it is difficult to ignore the inflated medical bills that have been visible during this ongoing pandemic. Under such situations, having a health insurance policy comes to one’s rescue as it keeps one financially equipped during any medical emergencies.
28.10 / 16:55
Facebook
IPO
Provident
Target
Eldeco raises Rs 275 cr from Tata Capital Housing Finance
Leading real estate developer Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd. The Eldeco Group plans to deploy the capital raised in mid-income residential projects in Delhi NCR.
28.10 / 15:21
UPS
Citi
IPO
Q3
New project launches in top 6 cities shoot up by 68% in Q3 2021: Report
Top realty markets of the nation — that were derailed from the recovery path in Q2 2021, hit hard by the second wave of Covid-19 — seem to be getting back on track. Echoing the buoyant sentiment in the realty market, Q3 2021 saw the number of new project launches in the top six cities shoot up by 68% as compared to the previous quarter, according to Square Yards’ India Residential Overview (July-Sept 2021).
28.10 / 14:51
IPO
Provident
Digital
CRA
pension
open
Want to open Atal Pension Yojana account? Now onboard through Aadhaar eKYC
New subscribers to Atal Pension Yojana (APY) can now be onboarded by Central Recordkeeping Agencies (CRAs) through Aadhaar eKYC. This facility will be available to CRAs as an additional option, according to PFRDA.
28.10 / 14:09
IPO
FIVE
AXY
Top 10 mutual funds to buy this Diwali which can grow your wealth
Diwali is not only a festival of light. It is also considered to be an auspicious festival to make investments. It is believed that investments made in Diwali multiply many folds. For those who believe slow and steady wins the race, mutual funds are excellent option for investments.
28.10 / 12:33
Facebook
IPO
Telegram
7th Pay Commission (Dearness Relief Hike): New DR notification puts more money in hands of pensioners!
The Central Government has increased the rate of Dearness Relief (DR) to 31% from 28% for Central Government pensioners/family pensioners. The increased rate of DR will be applicable with effect from July 1st, 2021.
28.10 / 09:15
IPO
Digital
ACI
Indian
week
60% of Indian shoppers use digital payments multiple times each week for festive season spending: Report
Digital payments continue to grow as India’s economy emerges from the worst of the pandemic. According to a new study conducted by YouGov and ACI Worldwide (NASDAQ: ACIW), with 60 per cent of consumers having used digital payments (including eWallets and UPI) multiple times per week for festive season purchases, digital payments in India continue to grow.
28.10 / 09:15
28.10 / 08:39
UPS
IPO
Digital
Future
The future of digital gold
Gold is one of the world’s oldest assets. It has been in existence since before any currency was introduced and hence, will always be trusted by governments across borders, making it a valuable and most trusted asset class.
28.10 / 07:43
UPS
IPO
Provident
National
pension
NOT
National Pension System: Who should not invest in NPS?
The National Pension System (NPS), regulated by PFRDA, has emerged as a popular investment scheme aimed at saving for one’s retirement. NPS is essentially a market linked investment that helps accumulate one’s savings towards retirement. After opening an NPS account, one has to keep saving during the ‘deferment phase’ or the ‘accumulation phase’ and then start getting a pension from the ‘annuity phase’.
27.10 / 16:39
UPS
Citi
IPO
Office space renewals gaining pace post pandemic, NCR & Bengaluru most resilient office markets: Report
While leasing has declined from April 2020, some interesting trends have emerged in the office space. Occupiers, for instance, are increasingly renewing their office spaces since April 2020 when the pandemic started, as per a joint report by Colliers and Propstack.
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