RBI

Retail inflation jumps, rate cut expectations shift; should investors adjust investment strategy? Experts weigh in

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Retail inflation jumps, rate cut expectations shift; should investors adjust investment strategy? Experts weigh in

India’s retail inflation for September came in higher than expected, sparking concerns that the Reserve Bank of India (RBI) might delay interest rate cuts even further, potentially dampening investor risk appetite. Higher food prices drove Consumer Price Index (CPI)-based inflation, or retail inflation, to a nine-month high of 5.49 per cent, still within the RBI’s … Read more

RBI announces buyback of ₹25,000 crore worth G-Securities through auction on THIS date; check details here

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RBI announces buyback of ₹25,000 crore worth G-Securities through auction on THIS date; check details here

The Government of India has announced the buyback of its securities through auction for an aggregate amount of ₹25,000 crore (face value), announced Reserve Bank of India (RBI) on Friday. The G-securities with coupon rate of 7.72 percent will mature on May 25 next year. The securities with coupon rate of 5.22 percent will mature … Read more

AIFs face risk of large investors moving away as Sebi tightens rules

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AIFs face risk of large investors moving away as Sebi tightens rules

AIFs include private equity, venture capital and hedge funds, besides other privately pooled instruments that invest in real estate to commodities. Such investments usually carry higher risk and are targeted at high-net-worth or wealthy investors. Also read | Prop, retail see decline in F&O turnover ahead of Sebi curbs taking effect The Securities and Exchange … Read more

FD interest rates: These 6 banks offer highest returns on fixed deposits; check details

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FD interest rates: These 6 banks offer highest returns on fixed deposits; check details

If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of interest on fixed … Read more

Sending money abroad? Here’s all you need to know about the RBI’s Liberalised Remittance Scheme

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Sending money abroad? Here's all you need to know about the RBI's Liberalised Remittance Scheme

Here’s everything you need to know about it. Investments LRS allows Indians to invest in listed foreign securities – both equity and debt. You can invest in mutual funds, exchange traded funds (ETFs), venture funds, and real estate (with some caveats). You can also invest in listed debt securities such as bonds, but not unlisted … Read more

Why Nithin Kamath-funded SundayGrids shouldn’t be seen as an investment

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Why Nithin Kamath-funded SundayGrids shouldn't be seen as an investment

The concept is simple: For those living in apartments without enough space to install solar panels, SundayGrids helps you buy solar panels that are put up elsewhere. The electricity generated by these offsite panels is credited against your electricity bill. It’s a novel solution that makes users feel like they have solar installed at their … Read more

Credit card fees exposed: Can you be charged before your card is even activated?

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Credit card fees exposed: Can you be charged before your card is even activated?

Can banks charge you a joining fee even before your credit card is activated? They cannot as the credit card account will not be created unless the card is activated. With complaints about banks charging a joining fee even before the card is activated, unsolicited cards being issued and the undue delay in closing the … Read more

How to obtain a Dubai Golden Visa through real estate investment

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How to obtain a Dubai Golden Visa through real estate investment

Approximately 4,300 Indian millionaires are expected to move abroad in 2024, with a majority of them preferring to relocate to Dubai, the UAE, according to a recent Private Wealth Migration Report by Henley & Partners. Here’s an overview of how the Golden Visa programme works. Application process The most popular way of applying for UAE Golden Visa … Read more

Plan to invest directly in bonds? Beware these risks or you could lose it all.

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Plan to invest directly in bonds? Beware these risks or you could lose it all.

The recent reduction in the minimum ticket size for corporate bond investments from ₹1 lakh to ₹10,000 is a significant step towards this. While it opens up new opportunities for retail investors, it’s important to be aware of the risks before diving into bond investments, and remain vigilant once you do. Retail investors often assume … Read more

UPI: The world’s favourite payment method hits $964 billion in record time

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UPI: The world’s favourite payment method hits $964 billion in record time

Unified Payments Interface (UPI), which has emerged as the world’s most popular alternative payments method (APM), processed transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37% year-on-year (y-o-y) surge compared to the same timeframe the previous year. Transaction metrics and global comparison UPI processed a staggering 3729.1 transactions … Read more