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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...
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Banks flag bad loans, rising fraud in SHGsBanks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...
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...
RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
Buying vs renting a home: ₹1 crore home today or ₹6 crore corpus after 20 years - how the strategy of renting and investing may beat buying a house in IndiaBuying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between...
Buying a house Vs Renting it: CA questions home ownership logic in urban India when 'banks have rebranded liability as a dream'A Chartered Accountant has sparked debate by questioning the financial logic of buying homes in urban India compared to renting. In a post ...
Rs 40,000 rent vs Rs 1 lakh EMI: CA explains the math changing India’s homeownership debateA chartered accountant suggests renting may be financially smarter than buying property in Indian metro cities. He highlights a gap between...
Property tax: e-Khata in Bengaluru can now be downloaded online using SAS Property Tax ID; Know how to downloadBengaluru residents can now download their e-Khata online. This new system uses your SAS Property Tax ID for quick access. The Bruhat Benga...
What is the US Automatic Military Draft? Check Start Month and Eligibility - Are women included?America is set to introduce automatic military draft registration for men. Starting December 2026, individuals aged 18 to 25 will be automa...
Paid your car loan but struggling with NOC and hypothecation removal by RTO? You can now do it online on parivahan portalVehicle owners can now easily remove the hypothecation clause from their Registration Certificate online after repaying car loans. This pro...
SBI net banking will be down on this day; here are alternativesState Bank of India customers will not be able to access internet banking services due to scheduled activity. However, it has not mentioned...
How to register for HDFC Bank’s SMS banking facilityCustomers of HDFC Bank now have access to a 24-hour SMS service. You can manage your credit cards, apply for loans, check your account bala...
Mumbai property registrations on record-setting spree; December to close with highest numbers everThe performance in December has already broken all the monthly records in just the first half of the month and is expected to close with th...
How to avail credit from P2P lending platformsThe loan agreement is typically a digitally signed agreement available for inspection upon logging into the profile of the lender or borrow...
Loan waiver: 100 farmers linked to single Aadhaar numberChief Minister Devendra Fadnavis has called an urgent meeting with bankers today to address issues like this that crop up in the way of spe...
- RBI asks companies to give details of ECB fund utilisation
Reserve Bank asked companies to divide utilisation of funds raised through External Commercial Borrowings (ECBs) under the heads of foreign...
- Follow loan application acknowledgment rules: RBI to banks
RBI today directed banks to strictly follow the rules and submit an action-taken report by the end of the month.