3 min read Last Updated : Feb 07 2023 | 10:41 PM IST Insurance industry executives on Tuesday met Finance Minister Nirmala Sitharaman to seek relaxation on the Budget announcement of taxing income from high-value life insurance policies. As a part of a Confederation of Indian Industry (CII) …
Read More »Which hybrid mutual fund categories received inflows in April? Take a look – Hybrid Mutual Funds
May 12, 2024, 10:32:59 AM IST The net inflows in hybrid mutual funds surged by 256% on a monthly basis and stood at Rs 19,862.94 crore in April from Rs 5,583.62 crore in March, according to the monthly data released by AMFI. Out of 6 hybrid MF categories, five categories …
Read More »Planning maternity breaks? How soon-to-be moms can make good financial plan
Motherhood is a joyful journey that brings a sense of fulfilment to oneself; but it is also one of the crucial times when women face significant hurdles while planning a career break. While taking maternity breaks, or simply taking time off to care for their growing family, women face a …
Read More »Bharat Bandh announced: Are banks closed today?
Amid continuous farmer demonstrations calling for the enactment of laws about minimum support prices (MSPs) and other agricultural reforms, Samyukat Kisna and the Kisan Mazdoor Morcha have unitedly called for a Bharat Bandh on February 16, 2024, as per an Economic Times report. Many services could be impacted during the …
Read More »One-third of urban Indians claim dip in disposable income in last 12 months
3 min read Last Updated : Feb 09 2023 | 2:01 PM IST More than a third of urban Indians have claimed that their disposable income has decreased in the last 12 months, YouGovs latest report said. In India, more consumers report a decrease than increase in their …
Read More »3 mutual fund NFOs to open for subscription this week – On Radar
May 12, 2024, 12:18:56 PM IST Three mutual fund NFOs will open for subscription this week, according to the data by ACE MF. Two NFOs will be from Bajaj Finserv Mutual Fund and one will be from Samco Mutual Fund. iStock 2/6 Bajaj Finserv Nifty 1D Rate Liquid ETF The …
Read More »Mother’s Day gift: Can credit card be a good gift to your mother especially when she is not earning?
Mother’s Day is celebrated as a day dedicated to all the mothers who unconditionally love, nurture, and support each of us. This year Mother’s Day is on May 12, 2024. Every child should dedicate this day to giving back to their mothers something useful that can help and support them. …
Read More »Husband wins Rs 1.57 crore health insurance claim against LIC after a 5-year fight
Life Insurance Corporation of India (LIC) was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 1.57 crore to the husband of deceased policyholder. She died from Breast Cancer in April 2017 and in March 2018 LIC rejected her husband’s insurance claim. NCDRC said in its order that …
Read More »How have the home loan EMIs changed since RBI’s repo rate hike in May 2022? | PF NEWS LOANS
4 min read Last Updated : Feb 10 2023 | 2:12 PM IST On Wednesday, the Reserve Bank of India (RBI) increased the repo rate by 25 basis points, taking it to 6.5 per cent. Since May 2022, the repo rate has been hiked by 250 basis points. One basis …
Read More »9 equity mutual fund categories witnessed inflows in April. Here is the break up – Inflows rise, outflows linger
May 10, 2024, 03:54:19 PM IST 1/11 Inflows rise, outflows linger Equity mutual funds received a total inflows of Rs 18,917 crore in April. In all, 9 of them received inflows in April, according to the monthly data by AMFI. The data further showed that two categories saw outflows in …
Read More »