Delhi election results are underway, and early trends at 9.45 AM suggest that the Bhartiya Janta Party is on its course to win the battle against the ruling Aam Aadmi Party (AAP) comfortably. The saffron party, in early trends, is leading on 50 seats, while AAP is seen doing well on 19 seats. The Congress
By Chaitali Dutta Last year, I took an education loan for my son. Should I start prepaying some amount now or leave it to my son to pay after the end of the moratorium period?—Shubham Kumar If you start paying part of the loan now, it will eventually be a smaller loan for your son
The Reserve Bank of India’s (RBI) decision to reduce the repo rate, translating into smaller equated monthly instalments (EMI) for loan repayments, and the Union Budget lowering the tax burden will boost disposable income. This will allow individuals to save more and spend on long-deferred purchases. Though the proportion of investing, loan repayment and spending
The 19th installment of the PM Kisan Samman Nidhi Yojana will be disbursed to eligible farmers by the end of February 2025, Union Agriculture Minister Shivraj Singh Chouhan has confirmed. According to media reports, Prime Minister Narendra Modi will personally release the funds during his visit to Bihar on February 24, where he will also
The Reserve Bank on February 7 cut the repo rate, at which it lends to the commercial banks, by 0.25 percentage point to bring down the key benchmark rate to 6.25%. This reduction means banks’ borrowing costs will come down, which will ultimately result in lower rates on loans, including home and other personal loans.
The Reserve Bank of India cut the repo rate by 25 basis points on Friday. Coupled with the recent tax rate cuts announced in the Union Budget 2025, this move provides a dual advantage for salaried individuals and the middle class, helping them combat inflation and boost household savings. Impact on Home Loan Borrowers For
Budget 2025 has brought significant changes to India’s tax structure, making the new tax regime more appealing to middle-class taxpayers. The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax. ALSO READQuant Flexi Cap Vs Parag Parikh Flexi
India’s real estate industry hailed the Reserve Bank of India’s decision to reduce the key interest rate by 25 basis points on Friday, saying this rate cut will have a positive impact on the overall sector, making home loans more affordable and increasing demand for housing. “With lower interest rates, we expect to see increased
Fort Knox, a place where lies the US Army installation in Kentucky and which is situated south of Louisville, has been in the news for the past many days. Fort Knox, known for large gold reserves for decades, has been a symbol of the world’s most powerful country’s financial security. Fort Knox’s heavily guarded vaults
Rental values across key Indian cities have surged significantly, making renting increasingly unaffordable for end-users. The Rent to Price Growth Differential (RPGD) by Magicbricks indicates that cities where rental appreciation has outpaced capital value growth—such as Mumbai (3.61), Greater Noida (2.27), Delhi (2.12), Chennai (1.76), and Ahmedabad (1.46)—are becoming costlier for tenants. As rents soar
The hospitality industry in India has witnessed a sharp rebound post pandemic with demand expected to outpace supply over next 3-4 years, stated a report by Yes Securities. This upcycle, unlike the previous ones, should allow the hospitality companies to capitalise on incremental growth opportunities given the robust balance sheets of key branded players with
Indian stock markets continued their losing streak on Monday, with both the Sensex and Nifty closing lower for the fifth consecutive session. The decline was largely driven by weak global cues, as U.S. markets fell due to concerns over slowing consumer demand and potential tariff hikes. Markets in red yet again The Sensex closed at
Mahindra & Mahindra (M&M) share price are gaining traction after a sharp decline in the past few days. The stock is currently trading at Rs 2,710.80, up 1.55% in intraday trading. The brokerage firm Jefferies has given a ‘Buy’ rating on M&M, setting a target price of Rs 4,075. Let’s take a look at the
