A loan against demat shares is a great borrowing option due to the following factors: Easier with the same financial institution: Applying for a loan from the same financial institution that holds your demat account can make the process smoother. The institution already has your shares as collateral, which streamlines the disbursal process. It’s important … Read more
SANTA ROSA, Calif. (AP) — Temporary farmworkers will have more legal protections against employer retaliation, unsafe working conditions, illegal recruitment practices and other abuses under a Labor Department rule announced Friday. Each year about 300,000 immigrants, mostly from Mexico, take seasonal jobs on U.S. farms. The new rule, which takes effect June 28, will target … Read more
If you are planning to buy a house and looking for a home loan for the same, you would ideally be looking not only for a bank that can give you money as early as possible but also the one that charges a low rate of interest. After all, the marginal difference in the interest … Read more
Domestic brokerage firm Religare Broking has picked Federal Bank as its stock pick of the month for May 2024 with a potential upside seen around 13 per cent. Shares of Federal Bank were on an uptrend and gained one per cent today to hit an intra day high of ₹158.55 against a 52-week high of … Read more
In contrast to previous decades, when fixed deposits were the favored investment avenue, recent years have seen a shift in trends. Investors now recognise the significance of stock investing and appreciate the benefits of equities. Additionally, initiatives from the Indian government, such as implementing tax-saving schemes, have further encouraged many Indians to take an interest … Read more
Silver prices were around ₹69,000-odd levels in the last week of February; they are trading near the ₹81,000-odd levels now. The recent rise in silver prices could be attributed to various factors, including geopolitical tensions, global economic uncertainty, rate-cut hopes and industrial demand. “The increase in silver prices can be attributed to global concerns, including … Read more
The CIBIL score requirements for unsecured loans vary from banks to banks and depend on a range of factors such as current employment, income, existing loans, and the credit history. There is no denying the fact that banks tend to lend to borrowers who have good to excellent credit scores for unsecured loans. This is … Read more
MOIL, India’s leading manganese ore producer, continued its upward trajectory for the fifth consecutive trading session on Friday, reaching a new all-time high of ₹443 per share with a gain of 2.5%. In the last four trading sessions alone, the stock has surged by an impressive 31.30%. Since hitting its lows in March 2024, the … Read more
Understanding these compliance obligations is crucial for maintaining a smooth and legally compliant investment journey. Also Read: Can you open a demat account without a PAN card? MintGenie answers In this article, we delve into the key compliance requirements that investors need to fulfill when opening and maintaining a demat account. These requirements encompass various … Read more
Meta’s Chief Operating Officer (COO) Javier Olivan has sold a portion of his holdings in the company, which likely put greater pressure on the tech stock amid the recent selloff. The top executive has offloaded 490 shares of Class A Common Stock at a price of $501.18 per share, totaling over $245,578, according to recent … Read more