We, Indians, hold our traditions and cultural beliefs very close to our hearts, finding significance in the rituals that shape our lives. The auspicious festival of Akshaya Tritiya, falling on the third day of the Hindu month of Vaishakha, carries a sacred message of prosperity and success. Hence, purchasing gold on this day is considered … Read more
ThisThiruvananthapuram-basednon-banking financial corporation (NBFC) has launched a fresh issue of secured redeemable non-convertible debentures, which will close on May 17. The face value of NCD is ₹1,000. The minimum application requires investors to invest 10 NCDs, i.e., 10,000, in multiples of ₹1,000. The issue is meant to raise ₹50 crore with an option to retain … Read more
What is the 3-bucket strategy? The 3-bucket strategy involves appropriating your retirement corpus into three separate investment buckets to cater to your cash flow needs during different periods of the retirement years. Each bucket is based on a specific time horizon and serves a specific purpose. The strategy ensures you keep getting regular cash flows … Read more
Gifted money does not impact your CIBIL score in a direct way. But it can, and does, affect the score positively in the following scenarios: you invest the gifted money into a scheme and improve your financial situation, use the gift received in cash to retire a debt, or use the same to give the … Read more
There’s chemistry that sets the hero literally on fire. Witty repartee through the film that will make you smile as you munch on popcorn (cheese and caramel for me!). There’s non-stop action (and not CGI) that will make your jaws drop (watch out for the popcorn!). And yes it is perhaps a coincidence that the … Read more
SEBI’s move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up. Also Read: Will investing in bonds be made easier in India? How will SEBI’s move impact the … Read more
Shares of REC surged 9.5 percent in intra-day deals today, May 2 to hit a new high of ₹555.45 on the back of strong March quarter (Q4FY24) results. Including today’s rally, the stock has extended gains for the eighth straight session, soaring 30.5 percent in this period. The PSU (public sector undertaking) company posted a 33 … Read more
Use a small portion to treat yourself Before you get down to the business of using the annual bonus for financial planning, you may set aside 10-20% of it. You can use this amount to treat yourself and your family. It is your well-deserved bonus for which you worked hard the entire year. Hence, you … Read more
However, in March and February, the Nifty Midcap fell around 0.5 percent each while the Nifty Smallcap index declined 4.4 percent and 0.3 percent, respectively. Meanwhile, the benchmark rose over 1 percent in both those months, strongly outperforming the broader markets. Read here: General Elections 2024: Will Nifty extend gains for 4th straight month in … Read more
What is algo trading? Automated trading, also known as algorithmic trading or mechanical trading systems, involves using specialised software backed by algorithms to execute trades at high speed. It allows investors to execute trades automatically based on predefined criteria such as technical indicators, market data, or other parameters. Investors and traders utilise trading software to … Read more