Financial advisor Prem Soni shared how a 23-year-old used Rs 3 lakh invested in an index fund and an SWP to fund Rs 30,000 annual premiums ...

Digital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...

From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential...

Sweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed...

Let us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...

HDFC Bank introduced two new savings accounts for specific customer groups. The Specialé Senior Citizen Savings Account offers security and...

Shivalik Small Finance Bank completed its acquisition of ManiBhavnam Home Finance India Pvt last week. This strategic merger cost the bank ...

Besides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...

Investors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased...

Birbhum Police arrested Tullu Mondal's manager and brother-in-law after a large cash and gold recovery. Rs 28.5 crore in cash and 15 kg of ...

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basi...

India's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...

In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...

Elon Musk's X platform has launched X Money, a new financial service. This service allows users to send money to each other in real-time. X...

Banks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...

Elon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...

Small and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, off...