The prospect of obtaining a loan without interest may appear unrealistic. Nevertheless, there are particular circumstances in which interest-free loans are available. These alternatives are intended for specific purposes or demographics. Although such loans are accompanied by certain stipulations, they can offer considerable financial assistance when utilized judiciously. No-Cost EMIs for Consumer Goods Interest-free loans
Pension funds represent long-term investment vehicles designed to ensure a reliable income stream in the future. For individuals preparing for retirement, investing in pension funds can be a prudent choice, as they typically yield consistent returns. In India, there are numerous benefits associated with investing in pension funds. To begin with, these funds provide tax
ICICI Prudential Life Insurance logged a claim settlement ratio of 99.04% for the July-September quarter of FY2025, the highest amongst all life insurance companies in the country, according to an official statement. “Importantly, the average claim settlement turnaround time was just 1.2 days. Also, during this period the total value of death claims settled by
Over the years, credit cards have evolved beyond mere convenience, offering now significant savings and rewards. Customers can choose cards based on their lifestyle and spending habits. For example, if fuel expenses are a significant part of someone’s budget, he can opt for the credit card that offers value back benefits on fuel purchases. Similarly
Travelling can be exhausting and that is why you need airport lounge access where you can relax and access services like refreshments, Wi-Fi access and comfortable seating. You can enjoy these perks without extra costs with the help of your credit card. Many credit cards provide lounge access benefits along with these services. Airport lounge
Digital gold investment platform Gullak has achieved remarkable growth, recording a 10X expansion in just a year, driven by strong consumer trust and festive season sales. It recorded sales of over Rs 50 crore during the recent festive season, the company said in a statement. The platform achieved a significant milestone on Dhanteras, generating the
EPFO News: Employee unions have been raising the demand for a long time for an increase in the minimum pension amount under the Employees’ Pension Scheme (EPS), 1995. In this regard, representations have also been made from the employees’ side as well as by other stakeholders. In the latest development, Asaduddin Owaisi, Member of Parliament
In a notable development, certain peripheral regions in India have experienced greater price increases over the past six years compared to many prime locations within the top seven cities, according to recent research by ANAROCK. For example, the peripheral area of Gunjur in Bengaluru witnessed an impressive 69% rise in average residential prices, escalating from
Adani Enterprises on Monday announced that its wholly owned subsidiary, Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works India (Engineering) Private Limited, a private sector MRO company with a pan-India footprint. The cost of acquisition would be at an enterprise value
Indian benchmark equity indices BSE Sensex and Nifty 50 ended the day on a green note (December 23). The BSE Sensex ended the day at 78,540.17, up by 478.58 points or 0.64 per cent, while the NSE Nifty ended at 23,753.45, gaining 165.95 points or 0.7 per cent. The Nifty Bank index also ended on
NACDAC Infrastructure IPO, which ran its subscription from December 17 to December 19, is all set to make its debut on the BSE SME platform tomorrow, December 24. The IPO, which captured investor interest during its three day process with record-breaking subscription figures, is now generating buzz in the grey market with a sharply rising
Indian equity markets are to remain open on February 1 – Budget Day – on account of the the Union Budget 2025-26 presentation. This will be a special trading session by the exchanges. The announcement is very important as February 1 is on Saturday. Normally, the markets are shut on weekends. However, as the Budget
Kisan Credit Card Scheme: The Kisan Credit Card (KCC) scheme was launched to cater to the financial needs of farmers at different stages of farming. It provides a streamlined credit support system through banks, ensuring timely and adequate financial assistance under a single-window approach. The KCC scheme simplifies the loan process, offering farmers a flexible