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The biggest advantage of investing in mutual funds is that if you choose the ‘right fund’ and stick with it for the long term, your money can grow very fast. However, finding this ‘right fund’ can be a challenging task. That’s why it’s wise to do some research on your own or seek guidance from

IndiGo, India’s leading airline, has appointed Vikram Singh Mehta as the new Chairman of its Board. Mehta has been part of IndiGo’s Board since May 2022 and now takes over from Dr. Venkataramani Sumantran. Dr. Sumantran has completed his five-year term as a Board member and stepped down as Chairman. He took charge in May

The range-bound session ends on a lower note for the second straight session on Wednesday. The Nifty 50 closed the session 74 points or 0.30% lower at 24,752, the Sensex fell 240 points or 0.29% to settle at 81,312.  Breaking ranks with the overall market sentiments, the Nifty Bank inched up 64 points or 0.12%

National Savings Certificate (NSC) is a government-backed savings scheme that offers guaranteed returns. The popular scheme, launched in May 1989, is suitable for conservative small investors who are averse to taking much risk when it comes to investing. NSC account can be opened with a minimum deposit of Rs 1,000 at any post office in

India’s health insurance sector is evolving, and with the increasing penetration of the government health insurance schemes and competition from the new entrants, the traditional standalone health insurers are having a tough time in terms of growth and profitability.  According to an Elara Capital report, due to the limited total addressable market in India, the

The volatile session ends on a lower note on Tuesday. The Nifty 50 closed the session 163 points or 0.65% lower at 24,838, the Sensex fell 592 points or 0.72% to end at 81,5845.  In line with the overall market sentiments, the Nifty Bank declined 220 points or 0.40% to end at 55,351.30. However, the

Amidst the changes in interest rates in recent months, many big public sector banks (PSU banks) have cut the interest rates of their fixed deposit (FD) schemes. The Reserve Bank of India (RBI) has cut the repo rate twice this year, which has also affected the FD rates of banks. However, despite this, some banks

India’s automotive component sector is expected to post a revenue growth of 7-9 per cent this fiscal, mirroring the previous fiscal, stated a report by Crisil Ratings. The growth, it added, will be driven by sustained demand momentum from two segments – two-wheelers (2Ws) and passenger vehicles (PVs), especially utility vehicles, which account for nearly