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Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
You'll always have mummy-papa bankAfter spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
Lending money to friends or relatives? Why guaranteeing loans and personal lending can put your finances, credit score, and goals at riskWhen a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...
Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
Can you get another loan if you’re already paying EMIs? Here’s the answerYour salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...
Trump slams Fed Chair Jerome Powell as ‘Disaster’ as Mortgage rates Stay above 6.5% and 10-year yield nears 4.5%US interest rates are still high and causing problems for home buyers. Donald Trump criticized Fed Chair Jerome Powell over this issue. Mor...
Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
Inherited wealth: How to plan wisely and avoid costly impulsive decisions for long-term financial securityThe primary rule to follow is: do not make rash and immediate decisions. Take time to consider what you have inherited and how to use it in...
"We have to tighten our belts", Pashupati Advani warns of LPG crunch, IT job losses, and a 2-month earnings holeMarket veteran Pashupati Advani remains cautious about the current market rally, citing unresolved fundamental uncertainties like the Strai...
How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probeThe Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance...
Home loan default case: Why acting within 45 days can stop a bank auctionBanks can auction homes for home loan defaults. Borrowers facing this can approach the Debt Recovery Tribunal within 45 days of the bank's ...
Will 'guarantee' drive home loans after COVID-19?Lenders are exploring products to cover loans which are vulnerable to volatility in cash flows.
- ‘Indians least likely to default on home loans’
Rating agency Crisil on Wednesday provided some solace to bankers, the banking sector regulator and policy makers apprehensive about a rise...