Gold price, which is trading at Rs 71,502 for 10 grams of gold with 999 purity, has witnessed a remarkable rise in the last one year; it has grown by around 18% from Rs 60,616 on previous Akshaya Tritiya (which was on April 22, 2023), according to the India Bullion …
Read More »Kotak Securities was ordered to refund Rs 5.67 lakh lost in F&O trading to NRI after 13 years of long fight
A retired non-resident Indian (NRI) has allegedly lost Rs 5.67 lakh when representatives of Kotak Securities dabbled in futures and options (F&O) with his money without his knowledge. In this regard, the National Consumer Disputes Redressal Commission (NCDRC) has ordered Kotak Securities to refund the entire amount of money lost …
Read More »Navi Mutual Fund first to switch from active to passive ELSS fund
2 min read Last Updated : Feb 14 2023 | 7:38 PM IST Navi Mutual Fund (MF) on Tuesday launched ELSS Tax Saver Nifty 50 Index Fund. This is only the second passive tax saver fund in India, after IIFL’s ELSS Nifty 50, which was launched in December 2022. …
Read More »MFs: MFs record net inflows for 38th month in a row, SIPs at new high
Mumbai: Equity investors continued to increase their allocation toward equities in a staggered manner but have been cautious in making lump sum investments ahead of the general election and fourth-quarter results. This is the 38th month of consecutive net equity inflows with investors adding ₹18,917 crore in April. However, fresh …
Read More »NFT Revival: The top 5 crypto projects connected with NFTs that can explode this year
Non-fungible tokens (NFTs) have made a major return, especially during the past few months. This is evident as Azuki NFT sales recently soared to over $1.1 million within the span of a single day. According to CryptoSlam data, the NFT sales volume reached $22.962.383, with an average daily transaction rate …
Read More »How to use Bajaj Allianz General Insurance’s Gen AI Bot to understand your insurance cover better
Bajaj Allianz General Insurance has launched a Gen AI powered Bot called Insurance Samjho for its policyholders. This next-generation AI technology bot is designed to simplify insurance complexities, empower customers with knowledge about their policies with easy-to-understand information, stated a press release issued by Bajaj Allianz General Insurance. What information …
Read More »Most Indians see families’ financial security top life goal: Survey
2 min read Last Updated : Feb 16 2023 | 7:56 PM IST As many as 71 per cent respondents in multiple Indian cities told a survey financial security of their families is their most important life goal. Bajaj Allianz Life India’s Life Goals Preparedness Survey 2023 was …
Read More »3% mutual fund accounts have ‘KYC Hold’ status: AMFI
After mutual fund KYC (know your customer) rules came into effect from April 1, around 3% of MF accounts have ‘KYC Hold’ status, stated the Association of Mutual Funds of India (AMFI) on Thursday. While noting that the mutual fund industry is addressing concerns for a smooth KYC process, AMFI …
Read More »Retik Finance sets 21st May 2024 as launch date
DeFi analysts and enthusiasts always look for the next big thing in the DeFi space. The project disrupting the space at this moment is Retik Finance. This is due to the news of its upcoming launch on May 21, 2024 that has taken over social media. With a successful presale …
Read More »Toyota Innova’s airbag failed to open in an accident, car owner to get Rs 32.07 lakh or a new vehicle, orders NCDRC
The National Consumer Disputes Redressal Commission (NCDRC) has held in a recent case that a Toyota Innova car, which was sold to Sunil Reddy, was defective. The front airbag(s) of the car did not open at the time of an accident. When the legal fight reached the NCDRC, the commission …
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