We already know the importance of the Aadhaar card. Aadhaar card is important when filling income tax returns, to open a savings account in any bank, to apply for a new PAN card, etc. Since Aadhaar Card is also linked with your PAN card and bank accounts, it becomes immensely important when applying for a personal […]
A rate hike was expected, but the expectation was for a maximum of 35 bps. The hike by 50 bps is definitely on the higher side, and home loan lending rates will now edge further into the red zone. This is the third consecutive rate hike in the last two months and finally marks the […]
In line with market expectations, US Fed hiked interest rates by 75 bps in its latest meeting. Hence, Fed funds rate now stands in the range of 2.5%-2.75%. The FOMC statement noted that inflation remains elevated and labour market conditions remain tight thus necessitating the rate action, even though economic activity appears to have slowed […]
Real estate PE investments registered an increase of 28% in Q1 FY23 as compared to Q1 FY22, states ANAROCK Capital’s latest FLUX report. Improved market sentiments, widespread vaccine coverage, and lifting of lockdown restrictions helped this revival. Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “The revival primarily rode on the top 5 private […]
Choosing an equity mutual fund for your portfolio demands a two-phased thorough selection process. The first involves determining your financial goal, as well as its time horizon and a risk tolerance evaluation. The second phase is finding appropriate funds and examining various risk parameters by seeking specific information about the funds. An investor must consider […]
You can seek help from the best debt settlement companies if you’re having difficulty paying your bills or keeping up with your debt payments. The objective of a debt relief company is to reduce, cancel or settle your outstanding debts by negotiating with your creditors. Debt relief companies offer debt consolidation, debt management, and debt […]
Bonds often get overlooked by retail investors. In traditional portfolio management, they are the second most important asset class after equities, but a quick search online will reveal a far lesser interest in these financial instruments compared to equities, forex or even commodities. So what are bonds? Bonds are debt. By buying a bond issued […]
Current inflation in India is not due to surge in demand exceeding supplies. On the contrary, consumption demand is subdued and the production capacity is underutilized. In such circumstances,recent hikes in repo rate from 4.0% to 4.9%, almost by 25%, might be counter-productive. It shall increase lending rate hiking EMI of Housing and Auto loan. […]
As anticipated, with inflation edging higher in the aftermath of the Russia-Ukraine war and the surging oil prices, the RBI has decided to increase the repo rates by 50 bps. It is now increased to 4.90%. “A hike was inevitable, but we are now entering the red zone. Any future hikes will reflect markedly on […]
If you have taken out a loan some time ago, or if the people you know have perhaps done that, then you are bound to start hearing about refinansiering options at one point or another. Everyone definitely starts thinking about this at a certain point and you are most likely not going to be an […]
