The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds, reveals the AMFI (Association … Read more
With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for presentation in July. Anticipation runs high among industries, farmers, taxpayers, and the middle class alike, as they await potential boosts and tax reliefs from Finance Minister Nirmala Sitharaman. As the first budget of this new … Read more
While FDs offer guaranteed returns, these returns are typically modest. In an era of rising living costs, the purchasing power of your money can diminish, leaving you with less than you started with in real terms. Inflation: The silent wealth killer One of the biggest drawbacks of fixed deposits is their vulnerability to inflation. When … Read more
As May approaches, it brings with it a series of important dates and deadlines for taxpayers to remember. From depositing taxes deducted or collected to issuing TDS certificates and filing various statements, May is a crucial month in the income tax calendar. To help you stay on top of your tax obligations, here’s a comprehensive … Read more
In contemporary times, mobile phones possess capabilities equivalent to those of computers, becoming indispensable tools for various activities ranging from bill payments to online shopping. This widespread adoption of mobile phones has also spurred advancements in financial services. Also Read: What are the charges associated with a demat account? Stockbrokers and fund managers have developed … Read more
Holi, the festival of colours, is not just a time for fun and merry-making but also offers valuable financial lessons that can be applied in our everyday lives. As we celebrate Holi, let’s take a closer look at some of the financial lessons we can learn from this vibrant festival. Budgeting and planning ahead Just … Read more
Dragon Warrior Po is the hero of the Valley of Peace, signing autographs and opening noodle shops for his two dads. The Furious Five Kung Fu masters – Master Tigress, Master Viper, Master Monkey, Master Mantis and Master Crane – are out on other assignments. Master Shifu has asked the Dragon Warrior Po to find … Read more
No heroes beating up a hundred baddies accompanied by ear-drum splitting sound effects, no villains threatening to drop the hero’s parents into a vat of acid, no item song by an A-list movie star who plays sanskari heroine in every movie but secretly wishes she were Helen, no reminiscing over good ole days, no nationalist … Read more