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Approaching a home loan in your retirement years might seem difficult, but it is possible. To enable senior citizens in India to become homeowners, it is essential to simplify the home loan procedures to accommodate their specific financial situations. Taking steps to customize loan terms, lower interest rates, and add flexibility to repayment choices can enhance accessibility to home loans for this particular age demographic.

As we navigate through the recent times, the Indian residential real estate market is emerging as a beacon of security for investors, making the housing market shine for those seeking stability and growth. The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. Buyers are now placing a greater emphasis on owning a home rather than opting for rental arrangements.

Real estate investment remains a cornerstone of wealth building for individuals worldwide, offering diverse opportunities for financial growth and stability. However, navigating the complexities of the real estate market requires a strategic approach and a keen understanding of several key factors.

Inflows to systematic investment plans (SIPs) touched a record high of Rs 20,371 crore in April, the tenth consecutive month where inflows surpassed Rs 15,000 crore, reflecting sustained investors’ interest. Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund, in an interview to Saikat Neogi, says retail investors should increase the SIP amounts over years in line with inflation and higher income.

Owning a savings account is a wise financial choice for several reasons. A savings account serves as the first step of your personal finance journey, providing you a secure place to deposit money while earning interest. Understanding how to manage a savings account effectively is crucial for financial stability and growth.

Central West Delhi is witnessing a significant transformation in residential preferences as more individuals and families transition from traditional builder floors and kothis to high-rise condominiums. This shift is influenced by factors such as enhanced security, superior amenities, and a community-oriented lifestyle. New real estate developers entering the area are keenly aware of these changing preferences and are designing their projects to cater to the evolving psychology of potential homeowners, focusing on providing comprehensive security, luxurious amenities, and strong community bonds through their condominium offerings.

Zee Entertainment Enterprises Ltd. gained 4.0 per cent to Rs 154.7 in Monday's trade. It hit a high of Rs 160.0 and low of Rs 151.55 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 215.04, while the 50-DMA was at Rs 143.74. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Mamata Banerjee, Jadavpur, represents a prestige battle for the TMC, as West Bengal stepped into public life as a giant killer from here after defeating CPI(M) veteran Somnath Chatterjee in 1984.

Cholamandalam Investment & Finance Company Ltd. traded 3.05 per cent up at Rs 1277.85 at around 11:16AM (IST) on Monday. The stock had closed at Rs 1239.95 in the previous session. Equity benchmark Sensex traded 2122.45 points higher at 76083.76 around the same time.

Bank of Baroda leading the charge with a notable gain of 7%, followed closely by Bank of India with a rally of 4.7% and SBI with a solid 5% increase. Also Read: Indian Stock Market: Exit polls sentimental positive for capex stocks: JefferiesAdditionally, stocks such as Canara Bank, Indian Bank, Punjab National Bank, UCO Bank, Punjab & Sind Bank, Union Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Central Bank of India all posted gains ranging between 3% and 4.9%.The majority of exit polls indicated that the BJP-led NDA alliance will comfortably secure between 350 and 390 seats of the 543 seats in the Lok Sabha, the lower house of India’s Parliament.A party or coalition needs 272 seats in parliament to form a government.

MUMBAI : The Reserve Bank of India (RBI) is intensifying scrutiny on asset reconstruction companies (ARCs), mandating that they classify borrowers by risk profile and verify their KYC (know your customer) data after acquiring bad loans from banks and non-bank financiers. This move aims to bolster fraud detection and anti-money laundering measures, aligning ARCs with the same rigorous standards imposed on banks. According to two ARC executives aware of the development, the RBI has informed ARCs that they need to start verifying the KYC of borrowers even if they are buying from lenders who have those details.

Stock market today: The frontline indices surged during early morning deals in response to the Lok Sabha Election 2024 results. Most of the Exit Polls predicted a third term for the Narendra Modi government, which ended on Saturday last week.

East African nation Rwanda aims to create its own retail central bank digital currency (CBDC) to assert its significance in the global economy’s future landscape by 2026.

Just as the summer travel season gets into gear, Canadians and visitors could find themselves waiting in long lines at the border — delays that could also deal a blow to the economy.

PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators later this year or early next year, the firm's CEO and founder Ali Niknam told CNBC.

Cryptocurrencies have opened a radical new chapter in finance. Built on blockchain technology, they have a decentralised, transparent spirit.

Stock market today: After the end of Lok Sabha Election 2024 on Saturday last week, and most of the Exit Polls predict the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to remain volatile on Monday. On Friday last week, frontline Indian indices ended marginally higher after erasing most of its early morning losses.

will win at least 350 Lok Sabha seats in the just-concluded national election, making for a clear majority in Parliament that would allow for policy and fiscal continuity. When the Election Commission of India announces the voting results on 4 June, the markets will be tracking the margin of victory for the NDA, and not wondering about a possible loss, said Nirmal Jain, founder of financial conglomerate IIFL Group. The government that takes charge once the results are officially announced has its task cut out, Jain said.

Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte Ltd (AIPH), a subsidiary of Adani Ports and Special Economic Zone Ltd (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania.Cochin Shipyard: Udupi Cochin Shipyard, a subsidiary of Cochin Shipyard, has won an order from Ocean Sparkle Limited, an Indian tug operator under Adani Harbour Services, for the construction of three Azimuth Stern Drive (ASD) Tugs of 70 T bollard pull power.Deepak Nitrite: The company announced that its subsidiary, Deepak Chem Tech Ltd, will acquire a 100% stake in Narmada Thermal Power Private Ltd for a cash consideration of ₹61.65 crore. The acquisition is expected to be completed by June 30.Tata Steel: The company faces industrial action from around 1,500 employees based at Port Talbot and Newport Llanwern in Wales.

encounter broke out between terrorists and security forces in the Nihama area of Pulwama district on Monday morning.

Indian government bond yields are expected to open with a gap down on Monday, with investor sentiment likely boosted after exit polls over the weekend signaled that Prime Minister Narendra Modi's government will secure a third term. India's benchmark 10-year yield is likely to move in a 6.94%-7.00% range, following its previous close of 6.9809%, a trader with a state-run bank said.