Department of telecommunications is likely to take at least 6-12 month to notify all 39 rules under the Telecommunications Act 2023. Existing licences would have to be grandfathered; govt will ensure new rules don't create conflict or deter level playing field.

Sovereign Gold Bonds (SGBs) offer protection against risks associated with physical gold holdings. Eligible investors in India can invest in SGBs and benefit from the market value of gold at redemption. SGBs provide tax benefits on capital gains and indexation benefits.

Indian airlines are likely to capture nearly 50% of the country's international passenger traffic by FY28 with the help of additional aircraft, expansion of routes, etc, according to CRISIL Ratings report.

You have to cross the threshold of 182 days or more stay in India in order to qualify as a tax resident of India.

Two fintechs enter regulatory grey zone to offer crypto and digital gold as card rewards

REITs allow investors to participate in the real estate market without direct ownership, offering returns through dividends and potential capital appreciation. Investing in REITs through a demat account involves choosing a broker offering access to REIT investments, researching suitable REITs.

Setting up trusts, HUFs, and gifting are some of the ways to effectively plan succession.

Building a strong credit history is a gradual process. Obtaining a personal loan can be challenging under these circumstances, emphasising the importance of enhancing your credit score over time to bolster your prospects in the future.

This sales pitch primarily targets whole-life insurance plans, where death benefits extend for the policyholder's lifetime up to 100 years.

Some MSMEs expressed concerns that the provision might lead larger buyers to bypass small and medium suppliers and instead opt to purchase from unregistered enterprises

Avoiding specific errors ensures that a personal loan remains a beneficial financial resource rather than becoming a burden.

Before proceeding with debt consolidation, thoroughly assess your options, confirm that the financial calculations are advantageous (such as saving money on interest), and develop a responsible plan for repaying the consolidated loan.

Real estate is experiencing an upturn in India due to economic growth and urbanisation, with the advent of fractional ownership making commercial properties accessible to retail investors, offering higher rental returns and capital appreciation.

Logistics firms are seeing an increase in e-commerce orders from tier-2 towns and beyond as more people in those markets start shopping online.

Gifted money does not directly affect your CIBIL score as it depends on your credit behaviour and financial management. But here's how you can use this money to improve your score indirectly.

Some high-profile films that publicised they would be streaming on specific platforms post theatrical release are yet to launch on the said services

Sneha Poddar believes that our economy is undergoing a mini-Goldilocks moment as a result of strong macroeconomic conditions, healthy corporate earnings, peaking of interest rates and current policy momentum.

Although divorce itself does not impact your credit score, or CIBIL score, credit behaviour and financial management, such as your payment history, credit utilisation, types of credit accounts, and credit inquiries, among others, may have an effect on the score.

The ceiling price of bare metal stents is 10,509.79 while that of drug-eluting and some other types of stents is 38,267.18.

Bajaj Finserv offers higher interest rates on special periods i.e., 18, 22, 33 and 44 months. The interest rates range between 7.40 percent to 8.25 percent per annum across durations.

GroupM expects companies to spend 1,500-2,000 crore in advertising across mediums, including TV channels. Fast-moving consumer goods, automobiles, building materials, and white goods companies are likely to be the top advertisers in their quest to grab eyeballs and boost sales.

Record-high searches and bookings are defying the summer heat, keeping the skies busy.

Western spirit pedlars think so

The development came as some media reports claimed that FSSAI allowed 10 times more pesticide residue in herbs and spices.

Capital gains arising from transfer of a long-term capital asset being equity share in a company or units of equity oriented mutual fund, shall be taxed at 10% on capital gains exceeding 1 lakh, if STT has been paid at the time of acquisition and transfer of such capital asset.

While there is growing echoes and concern about individual allocation to mid and smallcaps, there is also enough interest to allocate money in these segments together due to return potential.

One of the latest ways to take investors for a ride is through fake messages. A random person claiming to know someone close to you will call you to ask for your UPI details so that s/he can send the money. A fake message later, they will ask you to send some if the excess money back.

Chandan, a contrarian investor, says he waits for right overreaction from market participants

Novo Nordisk and Eli Lilly are making blockbuster drugs. Can they maintain their lead?

When FOMO takes over, investors often make decisions that prioritize immediate excitement over long-term financial health.

Kareena Kapoor Khan, who has been associated with UNICEF India since 2014, will support the not-for-profit organisation in furthering every childs right to early childhood development, health, education and gender equality

India's fintech sector has seen significant growth driven by technology and private investment, offering diverse financial products. Intellect Design Arena focuses on global banking solutions, emphasizing long-term sustainability over short-term gains.

There is no restriction on the number of houses a person can own under the provisions of the Income Tax Act. Likewise, there is no restriction on the number of houses a person can avail of the tax benefits for a home loan

SEBI's move to reduce the face value of debt securities from 1 lakh to 10,000 has made bonds more accessible to retail investors, potentially increasing their involvement in the corporate bond market and improving liquidity.

The income tax (I-T) department has released the excel utility of ITR-6 for AY 2024-25. Prior to this, the department enabled the excel utility of ITR-1, ITR-2 and ITR-4 for AY 2024-25.

The film The Fall Guy features non-stop action and witty repartee, paying homage to unsung heroes who perform stunts. It also highlights the importance of giving credit to those who support your financial journey.

Early filing can help taxpayers get refunds sooner. Additionally, it gives them more time to revise or correct returns without penalty, say experts.

Before onboarding, a portfolio manager and the client will enter into a written agreement that clearly defines the relationship and sets out their mutual rights.

Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results.

Credit counselling entails a number of sessions where you receive guidance on managing your finances, creating a budget, and developing strategies to repay debt. Putting this advice in practice can lead to better financial habits, which may eventually improve your credit score.

Balance transfer can be a useful tool to manage debt and improve your credit score. It should not be seen as a quick fix since improving your credit score takes time and regular financial management habits.

Personal loans are becoming more attainable, user-friendly, and customized to suit individual requirements. Furthermore, in areas such as India, the utilization of data analytics for credit evaluation and a concentration on simplified loan solutions in rural sectors are burgeoning trends.

Although using a personal loan to settle your student loans may seem feasible, many lenders might reject your application if they discover that the loan will be utilized for this specific purpose.

Open AI-founded chatbot tells investors with a high risk appetite to opt for cryptos since the market is highly speculative and volatile. The popular options are bitcoin, Ethereum and other altcoins.

Exactly two months before the expiry of the deadline for nominating a nominee for mutual fund folios, Sebi made the process optional for investors who hold accounts in joint mutual fund folios

Whatever premium-payout combination one designs, the point remains that the IRR in traditional life insurance plans tends to be poor.

In terms of number of transactions, the figure declined to 13.30 billion in April from 13.44 billion in the preceding month

In its meeting on 30 April, the board of Sebi approved the proposal to reduce the minimum ticket size for privately placed listed bonds to only Rs10,000 from Rs1 lakh earlier. Let us understand why it was done and what implications this has for investors, bond market, and issuers.

The start of a new financial year presents an ideal opportunity for a fresh beginning in your finances. Its a moment to capitalize on renewed motivation and implement essential financial planning principles.

Insider trading refers to the buying or selling of a publicly traded company's stock by someone who has non-public, material information about that stock. Participating in insider trading, whether knowingly or unknowingly, can have serious implications for demat account holders in India.