How to manage a demat account efficiently? Here are 5 ways
Equity investment is rising due to shifting preferences, especially among millennials. Factors include mobile trading platforms, regulatory initiatives, and young Indians' willingness to take risks. With a surge in demat accounts, vigilance is key to safeguard investments from potential threats.
Morgan Stanley expects Brent to climb to $90/bbl by summer 2024
Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and Russia's oil production curtailments after recent drone attacks on its refineries.
Are DTAA benefits applicable to MFs?
The allocation of taxation rights under the capital gains article of the DTAA is usually not concerned with the source of investment, rather it is dependent upon the situs (location) of the asset or the residence of the alienator (seller) of the asset at the time of sale.
Dont follow, but take advantage of Mr Market's mistakes
The mid and small-cap stocks had a significant fall last week. Instead of speculating about what led to it and what triggered it, let us look at issues that will be more important from 1, 3, and 5 years from now.
22 mutual fund NFOs collected Rs 11,720 crore in February
How to transfer shares from one demat account to another? Here's a step-by-step guide
Transferring shares from one demat account to another is an important feature used by multiple investors. Here are the advantages as well as the online and offline process for making the transfer.
FMs caution on cryptocurrency: What do crypto players feel?
Industry players divided on Indias stance, but welcome the governments nuanced approach
Top credit cards for international travel: The list given below shows credit cards that can help users avail considerable savings on international travel through a low forex mark-up fee, complimentary international airport lounge access, hotel memberships and other benefits.
What is commodity trading and can I start this trade through a demat account?
Commodity trading stands as a time-honored financial practice deeply rooted in the foundation of global commerce, offering a distinct investment avenue compared to traditional stocks or bonds.
Hindustan Copper, Biocon among 5 stocks with top long unwinding
Stock market update: Nifty IT index falls 1.64%
The Nifty IT index closed 1.64 per cent down at 36886.05.
Demat Accounts: How does dematerialisation benefit investors? MintGenie explains
Indian capital market growth in the 1990s led to challenges with paper-based transactions. The Depositories Act of 1996 established depository systems like NSDL and CDSL, enabling dematerialisation of physical shares into electronic form.
Stock market update: Nifty Bank index falls 0.04%
The Nifty Bank index closed 0.04 per cent down at 46575.9.
DA (dearness allowance) hiked: 6 things central government employees should know now
Mint and GoalTeller launch coffee table book '20 Personal Finance Strategies
The book is a collection of Mints popular daily personal finance infographics. It covers tips to make your money go further.
The policy has several key features, including increased limits for female cancer treatment, coverage for puberty and menopause-related disorders, among others
How RBIs latest rules on credit card billing cycle impact you
Know your billing dates and clear all outstanding dues to get the benefit of interest-free period.
Financial goals and the buckets of investing
Bucketing not only helps you manage cash flow but also improve risk adjusted returns.
Buy Mahindra Lifespace Developers; target of Rs 736: Sharekhan
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 736 in its research report dated March 15, 2024.
Voltas shares fall 1.1% as Nifty gains
A total of 12,231 shares changed hands on the counter till time (IST).
T+0 trade settlement in India to soon be a reality; all you need to know about it
Last week, the Securities and Exchange Board of India said that the beta version of optional T+0 settlement will be launched for a limited set of 25 stocks, and with a limited set of brokers.
All you need to know about planning a holiday to Sikkim: Costs to where to stay
Sikkim is a beautiful northeastern state in the Himalayas. It is one of the smallest in the country, and home to Kanchenjunga, Indias highest and worlds third highest peak. Surrounded by hills on three sides, it is a mountaineers haven.
Share price of Bharat Forge falls as Sensex gains 176.63 points
Promoters held 45.25 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 16.6 per cent and 19.84 per cent, respectively.
DroneAcharya Aerial shares jump over 9% on securing order from Indian Army
We are honored to have received this contract from the Indian Army for the establishment of the Drone Lab in J&K, said Prateek Srivastava, Founder and Managing Director of DroneAcharya.
Buy Punjab National Bank; target of Rs 140: Sharekhan
Sharekhan is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 140 in its research report dated March 15, 2024.
Infosys, RIL among top 10 stock holdings of SBI Mutual Fund
Buy 360ONE WAM; target of Rs 850: Motilal Oswal
Motilal Oswal is bullish on 360ONE WAM recommended buy rating on the stock with a target price of Rs 850 in its research report dated March 15, 2024.
SBI Card shares rise 0.17 per cent in Monday's trading session
The Relative Strength Index of the stock stood at 40.76 on Monday.
Seeking your dream home? Get negotiation tips for the best deal
Thorough preparation is the foundation for successful negotiation
Buy Varun Beverages; target of Rs 1732: KR Choksey
KR Choksey is bullish on Varun Beverages has recommended buy rating on the stock with a target price of Rs 1732 in its research report dated March 18, 2024.
Buy Cipla; target of Rs 1700: Sharekhan
Sharekhan is bullish on Cipla has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated March 14, 2024.
Gold prices dip as the dollar strengthens, ending a four-week rally
Traders continue to bet on interest rate cuts in June, although the chances of rates easing in June are seen at 59%
Buy ICICI Bank; target of Rs 1300: Sharekhan
Sharekhan is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated March 13, 2024.
How RBI is shaping the credit cards market
India's credit card market will continue in its growth path, but under the watchful eye of the regulator.
Buy ITC; target of Rs 515: Sharekhan
Sharekhan is bullish on ITC has recommended buy rating on the stock with a target price of Rs 515 in its research report dated March 13, 2024.
Buy Varun Beverages; target of Rs 1600: Motilal Oswal
Motilal Oswal is bullish on Varun Beverages recommended buy rating on the stock with a target price of Rs 1600 in its research report dated March 14, 2024.
Zomato share gains as UBS sees 22% upside
UBS, which retained the #39;buy#39; call on the stock said, food delivery volumes were up 29 percent in February from the year-ago period
Neutral IRB Infrastructure; target of Rs 60: Motilal Oswal
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 60 in its research report dated March 14, 2024.
Sensex, Nifty trade flat as investors cautious at higher levels
From the Sensex pack, Power Grid, Asian Paints, Maruti Suzuki, HUL, and Nestle India opened with cuts, while M&M, Tata Steel, NTPC, Tata Motors, and JSW Steel opened with gains.
Buy 360 One Wam, target price Rs 850: Motilal Oswal
360 One Wam Ltd. key Products/Revenue Segments include Fees & Commission Income for the year ending 31-Mar-2023.
6 investing lessons that David Swensen gave to the investment community
David Swensens influence on the realm of investing is indisputable. His groundbreaking methodology in endowment management, which underscores diversification, alternative asset classes, and long-term investment strategies, has been embraced by numerous institutions.
Stocks to buy: Will pharma scrips keep rising? 3 stocks with potential upside of up to 30.6%
In the December 2023 quarter, the pharma stock universe (89 stocks) reported 12% and 27% y-o-y growth in revenue and PAT, respectively. Comparatively, the aggregate revenue and PAT of Nifty 500 companies (excluding pharma) grew by 5.3% and 20%, respectively. The sector fundamentals are stable, but stretched valuations could hinder price performance.
Is Aavas Financiers a good buy? Know why analysts are bullish on this stock
Aavas Financiers: The AUM growth remained steady at 23% y-o-y and the disbursements are expected to pick up in the next few months aided by technology transformation. The companys strong in-house execution model for lead generation, risk management and collections has led to a reduction in the average turnaround time and an improvement in collection efficiency. Analysts are bullish on the company because of sectors growth prospects and the managements measures to meet Aavas 3.0 goals.
What is the taxability for inherited assets?
In accordance with section 47 of the Income Tax Act , the transfer of capital assets through inheritance is not deemed as a taxable transfer.
Mcap of 5 of top 10 firms tanks Rs 2.23 lakh crore; Reliance, LIC biggest laggards
Five of the top 10 valued firms faced a combined erosion of Rs2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.
Guy Ritchies The Gentlemen on Netflix: 2 key money lessons to learn from the series
British soldier Edward Horniman inherits a Dukedom, but gets entangled in shady family business involving weed cultivation. Facing debt and threats, he struggles to break free. Lessons on family businesses and investing are highlighted in this Guy Ritchies The Gentlemen series on Netflix.
How Edelweisss Radhika Gupta dialed up risk in her portfolio
Gupta says she cut exposure to balanced advantage funds, added to mid- and small-cap funds.
NSC vs 5-year FD: Which is a better tax saving investment option?
Choosing between NSC and tax-saving FDs can be tricky as both have advantages and limitations. NSC interest is reinvested and qualifies for tax deduction under Section 80C, while FD interest is taxed as per income slab.
First-time foreign traveller? Here are seven things you need to keep in mind
According to the Henley Passport Index 2024, the Indian passport stands at 85th position in a list of 109 countries, and it makes travelling around the world more convenient and hassle-free than ever before.
How can you negotiate lower interest rates with a good credit score?
It is vital to emphasise your good credit history and score during negotiations. Banks are more likely to offer favourable terms to borrowers with low credit risk.
What is the ideal number of credit cards for a good credit score?
Making payments on time is one of the key factors which influence your credit score. If you can manage a number of credit card payments in a responsible way, it shows positively on your credit history.
How can you avoid credit score scams? These are 7 key ways
One should stay away from the agencies that promise to improve your credit score immediately or guaranteeing specific results. Genuine credit repair services may offer assistance in improving your credit, but they cannot give guarantees.
What is the role of credit inquiries in determining your credit score?
Hard inquiries happen when a lender pulls your credit report after you sought a loan from it. This may have a small negative impact on your credit score
Bankruptcy! How does it affect the credit score?
Filing for bankruptcy typically leads to a sudden drop in credit score. The severity of drop hinges on a number of factors such as your credit history before filing.
These 12 equity mutual funds witnessed outflows over Rs 100 crore in February
Broking staff likely to get generous increments, bonuses on D-Street high
Bonuses at some of the leading companies could range from three to seven months of additional pay, said top executives. Average increments could be in the range of 10-15%, with high performers, especially in technology and product development roles, likely taking home 30-40% more, they said.
PNB Know Your Customer details: Check who all need to update their KYC info by March 19
As part of the KYC compliance exercise, customers should provide their updated information like Aadhaar card, identity proof, address proof, recent photo, PAN, income proof, mobile number (if not available) or any other KYC information to their base branch.
DGCA not to extend June 1 deadline for revised flight duty norms for pilots
The new norms, which will be implemented from June 1, will provide rest time for pilots and seek to alleviate pilot fatigue.
Over 1 cr households signed in for Rooftop Solar Scheme for free electricity: PM Modi
The rooftop solar project, which was launched in February, promises an investment of over Rs 75,000 crore, that is going to benefit 1 crore households by providing up to 300 units of free electricity every month.
Learn from Sidharth Malhotra: Become a financial Yodha with these 3 lessons
A patriotic film Yodha featuring Sidharth Malhotra as a soldier facing hijack attempts and money lessons, challenging cliches about Indian heroes and Pakistani villains.
Top small cap stocks that mutual funds added in February. Do you own any?
The fund house added Crompton Greaves Consumer Electricals (120,97,771 shares), Piramal Pharma (137,42,958 shares), Whirlpool India (18,51,815)
SBI General Insurance discontinues its low-cost health plan Arogya Plus: Report
Arogya Plus provided coverage on an indemnity basis up to a specified sum insured at a flat premium. Flat premium was given irrespective of age of the insured and family combination.
Stock exchanges impose fines on Dish TV over board strength
Mar 15 (PTI) Leading bourses BSE and National Stock Exchange have again imposed penalties on DTH operator Dish TV over composition and lack of quorum for its Board meeting, according to a regulatory filing by the company.
British pounds spike to burn a hole in the pockets of UK-bound students from India
If a student is set to join a university that charges 20,000 per year from international student, s/he will end up paying 21 lakh instead of 20 lakh earlier when the pound was 100 a piece a few months ago.
Tax-free bonds: All you need to know
17% hike for LIC staff, over 1 lakh employees to benefit
Effective from August 2002, the hike will cost Rs 4,000 crore a year to the company.
What is personal loan insurance and what does it cover? MintGenie explains
You have the option to purchase personal loan insurance directly from the lender when applying for a personal loan. Alternatively, you can consider obtaining the insurance from a separate insurance provider.
Most unresolved investors' complaints belong to venture capital funds, Sebi data shows
Complaints filed by investors to the capital markets regulator Sebi against listed companies and Sebi-registered intermediaries are redressed through SCOREs
Unemployed and seeking a personal loan? This is what you should do
Obtaining a personal loan without employment presents challenges, yet there are potential avenues to explore.
Navigating Cryptocurrency Volatility: Exploring the Risks and Rewards of Current Market Leaders
Despite risks like market manipulation and volatility, savvy investors can capitalize on altcoins like Luxveda, Paysenger, and COINCALL. Thorough research and diversification help navigate the crypto market's uncertainties while seizing promising investment opportunities.
Tax notice: Ashneer Grover thanks I-T dept for 'timely closure of faceless assessment of ITR'
Earlier this week, the former Shark Tank India judge and investor posted on social media platform X that he received an I-T notice at 8.00 am on Tuesday and that he has to produce accounts and documents called for by 12:28 pm Wednesday (March 13).
What is a Power of Attorney for a Demat account? A look at its types, precautions to take and FAQs
In the realm of investment and trading, understanding legal frameworks is paramount. One legal instrument that frequently garners attention is the Power of Attorney (PoA) in demat accounts. This article seeks to demystify the intricacies of PoA. Let's take a look.
Sukanya Samriddhi Yojana: 8 features that makes SSY attractive investment option
Sukanya Samriddhi Yojana: 8 features that makes SSY attractive investment option
What latest NPCI approval for Paytm means for those using @paytm UPI handle
Bank of Baroda green FD: 6 things to know about bob Earth Green Deposits
Bank of Baroda green FD: 6 things to know about bob Earth Green Deposits
Pig Butchering Scam: What is it? How does it work? All you need to know
Online scammers use deceptive tactics to befriend victims, tricking them into cryptocurrency trading through a fake app. Victims are persuaded to invest more money before realising it's a scam
5 hidden Indian superfoods in your kitchen for radiant skin
Did you know your kitchen holds hidden treasures for glowing skin? Discover five Indian superfoods endorsed by dermatologists.
Aurobindo Pharma trades 2% down as US FDA spots issues in Telangana unit
Aurobindo Pharma subsidiary#39;s Telangana plant was slapped with 7 observations by the US FDA after its inspection of the unit from February 19-29.
5 smallcap mutual funds delivered over 25% CAGR in 5 years. What's next?
We considered all the small cap schemes that have been in the market for five years for the study. We considered regular and growth options. We considered daily rolling returns of small cap schemes for the analysis. Daily rolling returns were calculated from March 13, 2019 to March 13, 2024.
How to manage multiple personal loans? Here are 6 effective ways
Balancing multiple personal loans and effectively managing them can be challenging. The optimal approach is to prioritise repayment of the loan with the highest interest rate. While this demands greater discipline initially, it ultimately saves the most money in interest payments.
Biocon stock falls 4% after subsidiary sells branded formulations biz to Eris Lifesciences
Biocon Biologics said that it has entered into a long-term commercial collaboration with Eris Lifesciences to expand patient access to its portfolio of Metabolics, Oncology, and Critical Care products in India.
From Cash to UPI: How evolution of digital India fueled online payments?
Industry experts believe that initiatives like the Digital India campaign have aimed to bridge the digital divide and empower citizens with access to digital services, including payments
Debunking 5 widely-held myths around credit scores
There are a number of myths such as closing a credit card improves credit score, or checking the score hurts it. Here we try and bust some of the myths.
40% increase in women buying health insurance in FY24, shows Policybazaar data
The survey, based on responses from over 23,000 respondents, also shows a 43% increase in the number of women purchasing individual coverage
How to choose the perfect neighbourhood for your first home
The first thing is to establish priorities; do you favour access to amenities, proximity to work or family and friends
BAT #39;very happy#39; with current holding, stubs hope of more stake sale; ITC trades flat
ITC is transforming itself, making a number of investments and divesting the hotel business which we supported, said the BAT CEO.
While applying for health insurance, provide accurate and complete information about your medical history. Hiding pre-existing conditions can lead to policy cancellations or claim denials.
Income tax alert: Hurry up! Advance tax last instalment deadline ends today, March 15
Income tax alert: Advance tax refers to the income tax amount that is required to be paid in installments according to specified due dates, rather than in a single lump sum