Home affordability has continued to be advantageous for buyers in 2024, as interest rates have remained relatively stable since late 2023. As per Knight Frank India’s Affordability Index, Ahmedabad ranks as the most affordable housing market among the eight major cities, boasting an affordability ratio of 20%. Pune follows closely with a ratio of 23%
Airport lounge access is no longer a luxury reserved for a few. With the right credit card, you can enjoy the comfort of lounges across India and beyond. You must remember that not all credit cards offer unlimited lounge access. Many have restrictions. For example, some cards only allow a limited number of visits each
Top credit cards for complimentary airport lounge access in 2025: Credit cards now go beyond offering cashback, reward points and dining perks to attract customers. Banks now add premium features like free or complimentary airport lounge access to their select premium cards. Airport lounges provide a comfortable space to relax, with internet, food, and drinks
Axis Max Life Insurance Ltd, formerly known as Max Life Insurance Company Ltd, has announced the launch of Axis Max Life Sustainable Wealth 50 Index Fund. This fund, developed by Axis Max Life, plans to invest in companies that generate consistent cash flows based on the proprietary Sustainable Yield Index. This customised Index will be
Here’s some good news for you: transferring money to the wrong bank account may soon be a thing of the past! The Reserve Bank of India (RBI) has announced a new initiative to introduce a beneficiary account name lookup facility for the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems. This
UTI Mutual Fund (UTI) has launched an open-ended equity scheme, UTI Quant Fund, that follows a sophisticated quantitative investment strategy. The active equity fund, which combines predictive modelling with UTI’s extensive investment research expertise and investment process, aims to consistently generate alpha over the broad index by dynamically adapting to market conditions and managing volatility
WhatsApp Pay, the payment feature of the widely used messaging platform, has given a go-ahead to roll out Unified Payments Interface (UPI) services for its entire user base in India. The National Payments Corporation of India (NPCI) recently announced its decision to lift the cap on user onboarding for WhatsApp Pay. In an official statement
Fixed deposits (FDs) are a popular investment option for risk-averse investors, especially senior citizens who also get higher interest. They offer safety, assured returns, and flexibility. But, many people wonder how many FD accounts they can and should open. The answer is simple. There is no limit to the number of FDs you can have.
The government has given some relief to individual taxpayers by extending the time limit for filing updated Income Tax Returns (ITR) from two years to four years. Before filing such a return, one must consider eligibility, additional tax liability, interest and the nature of corrections required. An updated ITR can be filed within four years
French sports good retailer Decathlon has identified India as a priority market, where it has an annual revenue of Rs 4,000 crore, growing at over 35% per annum. The double-digit growth prompted Decathlon to announce an investment of nearly Rs 1,000 crore in India in August, which will be done over the next five years. Sankar
India and the European Union on Friday decided to conclude their much-awaited Free Trade Agreement (FTA) by the end of 2025, and finalised a blueprint for increased collaboration in broad range of areas such as trade, mobility, technology and investment. “We have directed our teams to conclude a mutually beneficial Bilateral Free Trade Agreement by
The ongoing sell-off in Indian equities is primarily technical in nature reflecting multiple compression rather than any drastic macro issues, according to Jefferies’ latest GREED & fear report. It noted that a major driver of the sell-off has been aggressive foreign selling. The report pointed out that foreigners have sold a net $12.2 billion worth
The benchmark indices lost nearly 2% on Friday as US President Donald Trump’s tariff threats saw foreign portfolio investors (FPIs) selling as much as `11,639 crore – one of the biggest sell-offs – in their rush to exit India. Indian investors have lost `40 lakh crore in February – the worst ever monthly loss — after Friday’s
