Searched for
IDLE BANK ACCOUNTS
Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...
Betting big on mid and smallcaps; largecaps most expensive on PEG basis, says Dinshaw IraniHelios Mutual Fund is shifting investments from large companies to mid and small companies. This move follows earnings growth trends where ...
Bengaluru CA used to earn Rs 13.5 LPA at 22. But she made one financial mistake for 3 years. She shares her hard-earned lesson at 30A Bengaluru Chartered Accountant, Meenal Goel, realized her biggest financial mistake was letting her savings sit idle for years. Despite a...
EU's six biggest economies agree on capital markets supervisionEurope's six largest economies have agreed to back more centralized supervision of capital markets. This move is crucial for integrating Eu...
India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh ShahNilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
Easy ways to improve fuel efficiency and save hundreds on gas this yearDrivers can save money and help the environment by adopting simple habits. Aggressive driving, speeding, and hard braking reduce gas mileag...
India’s gold import duty hike: A double-edged swordIndia has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...
George Alexander Muthoot sees no demand slowdown, expects strong gold loan momentum to continueMuthoot Finance's gold loan growth remains robust, fueled by higher gold prices. The company observes a decline in smaller loans, with larg...
Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
Malabar Gold & Diamonds backs Modi’s call on responsible gold use, seeks overhaul of monetisation schemeMalabar Gold & Diamonds proposed enhancements to the Gold Monetisation Scheme to boost public participation and mobilize idle gold. The com...
Rethinking ‘idle money’ in a rising rate environmentIndian savings accounts are evolving beyond mere transactional tools. With rising interest rates, institutions like IDFC FIRST Bank are off...
Amid PM Modi's 'no gold buy' appeal, a scheme that planned mobilisation of idle gold at homes gets spotlightThe gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mo...
No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...
Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
GJC pushes RBI for revamped Gold Monetisation SchemeThe Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...
Gurgaon-based 25-year-old product manager spends ₹90K monthly without partying; here’s where it goesA 25-year-old product manager in Gurgaon shared his monthly expenses, totaling ₹90,000. Despite living frugally with no expensive hobbies, ...
Don’t let a large amount idle in your savings bank accountLetting money go out of the bank account automatically each month might be a good way to compulsorily invest. The good thing about a recurr...