Credit card issued without your consent? Here’s what you should do

Credit card issued without your consent? Here’s what you should do

Restrictions have been implemented by the Reserve Bank of India (RBI) to protect consumers from unsolicited credit cards. This law was put into effect by the RBI to safeguard you against unsolicited credit cards and the risks associated with them, such as Unwanted debt: Since you did not budget for the credit line, unanticipated debt may … Read more

Stock market today: Falling tech stocks drag Wall Street lower again

The S&P 500 was down 0.4% in afternoon trading, even though the majority of stocks within the index were rising, and remains on track for its first losing week in the last six. The drop for tech stocks dragged the Nasdaq composite down a market-leading 1.1%, as of 2:33 p.m. Eastern time, while the Dow … Read more

These seven value mutual funds beat benchmark index in past 10 years. Should you invest?

These seven value mutual funds beat benchmark index in past 10 years. Should you invest?

Before investing in a mutual fund scheme, investors tend to examine its past returns and a host of other aspects, including the reputation of the fund house, macro-economic factors and the scheme’s category. One of the key factors that determine a scheme’s reputation is the ability to beat its benchmark index, which is a standard … Read more

Lok Sabha Elections 2024 trading strategy: Hold large positions; continue SIPs, says Puneet Sharma of Whitespace Alpha

Lok Sabha Elections 2024 trading strategy: Hold large positions; continue SIPs, says Puneet Sharma of Whitespace Alpha

Simultaneously, the country’s stock markets witnessed a surge in volatility, echoing the intensity of the electoral fervor. Initial market expectations of a third consecutive term for the NDA government with a clear majority were challenged by lower-than-expected voter turnout, prompting erratic market movements. As the seventh phase of the general election concludes on June 1, … Read more

Is the 18x15x12 formula the secret to smart investing for your child?

Is the 18x15x12 formula the secret to smart investing for your child?

A recent article about becoming a “Crorepati” by simply investing in the Public Provident Fund (PPF) has caught many people’s attention. The catch is “The investor must be willing to stay invested for 30 years”. In a country, where there are more Dream11 subscribers than mutual fund investors, the proclivity to earn money quickly is … Read more

Multibagger IPO: Motisons Jewellers shares rise 200% against issue price in five months. Do you own?

Multibagger IPO: Motisons Jewellers shares rise 200% against issue price in five months. Do you own?

Multibagger IPO: The Initial Public Offering (IPO) of Motisons Jewellers Limited, launched in December 2023, was a resounding success. The IPO, offered at a price range of ₹52 to ₹55 per equity share, generated a substantial ₹151.09 crore from this book-build issue. The public offer received an overwhelming response from the Indian primary market investors, … Read more

New EPF Rules: EPFO updates policy on cheque leaf and bank passbook uploads. Details here

New EPF Rules: EPFO updates policy on cheque leaf and bank passbook uploads. Details here

How will EPFO verify claims? To verify the accuracy of claims, the EPFO instead employs extra verification techniques.  These could consist of: Online bank KYC verification: Check your bank’s or the National Payments Corporation of India’s (NPCI) KYC details directly. Verification of employers via DSC: Your bank account details can be verified by your employer … Read more

The AI doctor will see you…eventually

The AI doctor will see you…eventually

There is already evidence that AI systems can enhance diagnostic accuracy and disease tracking, improve the prediction of patients’ outcomes and suggest better treatments. It can also boost efficiency in hospitals and surgeries by taking on tasks such as medical transcription and monitoring patients, and by streamlining administration. It may already be speeding the time … Read more

EU 2024/25 wheat crop forecast held at 4-year low, stocks outlook raised

PARIS, – The European Commission on Thursday kept unchanged its monthly forecast of the European Union’s main wheat crop in 2024/25 at a four-low, but raised its stocks outlook on bigger than expected supplies left over from this season. As in April, the Commission pegged EU usable production of common wheat, or soft wheat, in … Read more

Fake discount on insurance premium: Three key lessons you can learn from this X user’s experience

Fake discount on insurance premium: Three key lessons you can learn from this X user's experience

What would you do if someone told you that you are entitled to a discount on your insurance premium and that by making an instant payment towards it, you will save 20 or even 30 per cent of the premium? When colossal frauds amounting to crores are taking place, why would someone perpetrate a minor … Read more