The Maharashtra Real Estate Regulatory Authority (MahaRERA) has come out with specific guidelines, cautioning homebuyers to verify the project’s registration status on the state realty sector regulator’s website and also do complete due diligence before buying a property. To help property buyers invest in safe projects, the regulator has suggested they check if the developer
All mutual fund investors investing in equity have this primary goal of achieving high returns. However, there are lots of investors who enter the mutual fund space with one equally important objective, i.e. tax saving. Investors who park their money in ELSS (Equity Linked Saving Scheme) mutual funds are allowed to avail of tax deduction
In a bid to ease the pension disbursement process for Employees’ Pension Scheme (EPS) members, the Employees’ Provident Fund Organisation (EPFO) recently rolled out the Centralised Pension Payment System (CPPS). The CPPS is a paradigm shift from the existing pension disbursement system that is decentralized, with each zonal, regional office of the EPFO maintaining separate
Rupay’s UPI-enabled credit cards are transforming the way Indians use credit, promoting accessibility and responsible spending, says a report. UPI-enabled credit card users are transforming the way people transact, averaging 40 transactions per month — eight times higher than traditional credit card users, according to a report by Kiwi, a credit-on-UPI platform. With a 20%
In spite of the significant rise in housing prices across Indian cities in 2024, homebuyers continue their quest for bigger living spaces. Latest ANAROCK data shows that average flat sizes in the top 7 cities rose by 8% annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back
Donald Trump taking the oath as the US President for the second time saw US markets soar. The entire world watched closely how Trump might shape his possible economic policies. There were concerns that if Trump implemented his protectionist policies, as widely anticipated by experts, it could impact the global economy and markets adversely, though
8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend
Tax saving is one of the key factors when it comes to savings and investments for middle-class taxpayers and senior citizens. As regards senior citizens, they aim for financial security by investing their money primarily in non-market-linked products, which give them a sense of safety in times of volatile stock markets. Another key aspect of
Following SEBI’s initiative on sachetisation of investment in mutual fund schemes, SBI Mutual Fund has launched the first micro-SIP scheme. Such products will help low-income people invest small amounts regularly and thus participate in equity markets, explains Saikat Neogi Rationale behind micro-SIP Micro Systematic Investment plan (SIP) is a small-ticket mutual fund product of Rs
Wipro plans to invest $200 million to its venture arm, Wipro Ventures, in its latest round of funding to accelerate the focus on early- to mid-stage startups. This is the fourth round of investment raised by Wipro Ventures since its inception in 2015. This brings Wipro Ventures’ total investment to $500 million and will be
Companies across the Asia-Pacific (APAC) region are accelerating their adoption of artificial intelligence (AI) to drive productivity and revenue growth, with nine out of ten organisations planning to implement agentic AI models within the next three years, according to a study by Accenture. However, despite this rapid adoption, most organisations are yet to operationalise responsible
Several sellers of Flipkart are up in arms over a recent practice adopted by the e-commerce major, which they allege offers preferential treatment to a group of big sellers, referred to as alpha sellers, in terms of pricing of their products and commission rates. The sellers have alleged that the practice, which in trade terms
On Tuesday, Madhya Pradesh concluded a two-day global investors’ summit and proudly announced investment pledges worth Rs 26.61 lakh crore by global and domestic companies. That is precisely double the size of the state’s gross domestic product (GDP). Late January, Odisha, one of the mineral-rich states in the country that is betting big on its