Colombia’s central bank ignored pressure to accelerate the pace of interest rate cuts as policymakers weigh fiscal risks that sent the peso to its weakest level in more than a year. The seven-member board voted 4-3 to lower the benchmark rate by half a percentage point to 9.75%, Governor Leonardo Villar told reporters in Bogota … Read more
HDFC Bank is offering some of its popular credit cards without any annual fee or other charges during the festival season. The offer is valid till December 31 for Swiggy HDFC Bank Credit Card, Tata Neu Plus HDFC Bank Credit Card, Tata Neu Infinity HDFC Bank Credit Card and till October 31 for Freedom Credit … Read more
Muhurat Trading 2024: Samvat 2080 was a remarkable year for the Indian markets with Nifty 50 touching all time high of 26,277 and SENSEX reaching 85,978 on 27 September 2024 led by continued optimism about the economy, healthy earnings growth by India Inc., FII equity in-flows, general election and events like cricket world cup tournament, … Read more
Credit cards can be a convenient option for paying insurance premiums, which are the amounts required to maintain an insurance policy. Timely payment of these premiums is crucial, as failing to do so can lead to policy lapses and loss of coverage. Here’s how to effectively use credit cards for insurance payments. How to pay … Read more
Top Gainers and Losers Today : The Top Gainers and Losers today reflect significant movements in the stock market. The Nifty index closed at 24,340.85, experiencing a decline of 0.56%. Throughout the trading session, the Nifty reached a high of 24,372.45 and a low of 24,172.6. Similarly, the Sensex fluctuated between 80,044.95 and 79,287.93, ultimately … Read more
However, leveraging shares comes with conditions and risks that need careful consideration. How loan against shares works A loan against shares (LAS) allows borrowers to pledge their equity holdings as collateral for an overdraft facility, offering flexibility by charging interest only on the utilized amount. For example, if shares worth ₹10 lakh are pledged, the … Read more
Gold and Silver Prices Today: Gold prices saw a slight increase on Thursday. The cost of 24 carat gold is Rs.8134.3 per gm, up by Rs.710.0. The cost of 22 carat gold is Rs.7458.3 per gm, up by Rs.650.0. The price change in 24 carat gold in the last one week has been -0.41%, whereas … Read more
India’s household savings as a proportion of our GDP is declining. In its latest Financial Stability Report (June 2024), the Reserve Bank of India has also noted that while net financial savings have declined in 2022-23, financial liabilities have gone up thanks to retail loans for consumption and investment. Rise of personal loans The personal … Read more
International crude oil prices rebounded on Wednesday, October 30, rising more than two per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that the Organisation of Petroleum Exporting Countries (OPEC) will likely delay its planned oil output increase. After falling more than six per cent earlier in … Read more
Have you received an expensive gift from someone this Diwali? It could be an expensive watch, a rare painting, a piece of jewellery, or even a pair of branded shoes. Although a gift is typically considered tax-free, when its value is more than ₹50,000, it is liable to income tax in the hands of the … Read more