Mutual fund SIPs (Systematic Investment Plans) show no signs of slowing down, as recent data indicates that volumes hit an all-time high in September. Retail investors view SIPs as an easy and convenient way to build wealth, contributing to record-high inflows month after month. Retail investors often prefer SIPs over lump-sum investments because this method
Buying a home for the first time is a significant milestone that involves careful planning and strategic decision-making. As the real estate market evolves, particularly in 2024, first-time homebuyers must adopt smart investing principles to ensure they make sound financial choices. Here are five essential tips that can guide first-time buyers through this complex process.
8th Pay Commission Update: With the dearness allowance hiked for the July-December period, will the Centre finally make a decision on setting up the next pay commission? This question is likely on the minds of crores of central government employees and pensioners, who believe there may be announcements soon, especially considering the trend in which
The Oberoi Group on Monday announced two new resorts in Rishikesh — an 80-key luxury resort with ‘vilas’ branding, and a 120-key five-star hotel with Trident branding. Both hotels will be managed by EIH, the Oberoi Group’s flagship company. Located on a 60-acre site with the Ganges on three sides, near Rishikesh, the vilas will
Domino’s and Swiggy’s quick food delivery arm Bolt announced a partnership on Monday, saying that the brand’s pizzas would now be available in 10 minutes. This makes Domino’s the first pizza brand in the country to promise such a rapid delivery. In a statement, Swiggy said, “With this partnership, Domino’s menu items will be available
Ennoconn Corp, a Taiwan-based Industrial IoT and hardware manufacturer and a Foxconn subsidiary, has started its India operations, focussing on the country’s industrial automation and digital transformation market. “Ennoconn has already registered a company in Tamil Nadu with plans to bring their products to the Indian market,” a source aware of the development told FE.
Coffee Day Enterprises (CDEL), which owns the Cafe Coffee Day (CCD) chain, has cut its store count by 3% in the December quarter (Q3FY25) versus last year, as it seeks to manage its debt obligations, its latest financial statements show. At its peak in FY19, CCD operated 1,752 stores. It now has 439 stores (Q3)
Equity inflows through the foreign direct investment (FDI) route declined 6% year-on-year to $10.8 billion in the October-December quarter, as global uncertainties persisted. The data show that the recent years’ declining trend in FDI inflows and the rising levels of repatriation and disinvestment haven’t been arrested yet. ALSO READGovernment unlikely to intervene in market decline
