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RBI keeps policy rate unchanged at 6.5% but more MPC members want a cut; Inflation outlook at 4.5%, GDP growth at 7.2%
There were signs of a more divided policy committee with two members voting for a softening in stance as well as policy direction
Money9June 7, 2024/2:24 PM IST -
SBI Mutual Fund AUM around 20% of country’s at over Rs 10 lakh cr
The increase in AUM indicates growing trust among investors. The question arises as to how SBI's AUM is increasing and how it should be viewed from different perspectives.
Devendra SharmaJune 7, 2024/2:15 PM IST -
Can you bank on small finance banks to help your money grow?
Small finance banks are able to provide higher returns as compared to larger banks due their low overhead costs
Devendra SharmaJune 7, 2024/11:30 AM IST -
TRAI floats consultation paper for new numbering plan for fixed lines
While TRAI is exploring new number series, it is also thinking of options to penalise telecom operators if they are found holding on to unutilised fixed line phone numbers
Money9June 7, 2024/11:15 AM IST -
Six things to know before investing in NPS
Currently, over 1.81 crore people are enrolled in NPS which has Rs 12,56 lakh crore of assets under management as on May 25, 2024
Devendra SharmaJune 7, 2024/11:00 AM IST -
Unveiling the Allure of Gold Exchange-Traded Funds
Beyond its cultural and symbolic roles, gold acts as a tangible investment and economic hedge, making it an important asset that Indian households own
Money9June 7, 2024/10:50 AM IST -
Advance tax: When is it due, how much needs to be paid?
Income tax for the year you're earning, needs to be paid in the next financial year, while advance tax needs to be paid during the earning financial year
Pawan PandeyJune 7, 2024/10:30 AM IST -
RBI to soon release stressed asset securitisation rules paving the way for junk bonds
Junk bonds allure investors with the possibility of higher yields since those venturing to invest in such bonds hope to rake in better returns than those offered by safe debt instruments
Money9June 7, 2024/9:50 AM IST -
ITC gets nod to demerge hotels biz
Under the scheme of demerger, ITC Hotels will issue 60% equity shares to the shareholders of ITC
Money9June 6, 2024/7:15 PM IST
