The government is devising a restructuring plan as MTNL reported a consolidated net loss of 890 crore in Q2FY25, prompting concerns about its financial future and lenders' strategies.

Unpredictable weather patterns continue to pose challenges for inventory management, as retailers now face shorter but more intense winter seasons.

The Banking Laws (Amendment) Bill, 2024, allows bank account holders to have up to four nominees.

WAVES, Prasar Bharati's new streaming service, will provide a range of family-oriented content, including free shows and premium collaborations. The platform focuses on diverse programming to engage all demographics, while maintaining a strict adherence to broadcasting standards.

Tax must be deducted at the rate of 30% (plus applicable surcharge and cess) on the rent payable to an NRI landlord.

The nature of tax treatment depends on the type of income generated through margin trading facility transactions.

A penthouse in Gurgaons DLF Camellias sold for 190 crore, setting a record for high-rise condominiums in Delhi NCR and India. The 16,290-square-foot property was purchased by Info-x Software Tech, marking a significant surge in the luxury real estate market in the region.

This decision emerged during a high-level meeting led by the DFS Secretary, attended by representatives from the Reserve Bank of India (RBI), public sector, private, and payment banks

Bank Holiday Today: The Reserve Bank of India has not notified any bank holiday today, ie Saturday December 7. Hence all government and private bank, including ICICI, PNB, SBI, etc, will remain open today.

Having two or more UANs can make it difficult to withdraw your funds, deprive you of tax breaks, and affect your pension payout.

The national transporter hopes that the new service using the semi-fast trains will help it regain some of the non-bulk freight business that has moved to roadways and air cargo.

India's highway toll collection may miss 70,000 crore target for FY25. But it's expected to pick up from next year onwards as more toll roads get commissioned.

The move comes as the domestic currency battles devaluation pressures against the US dollar.

This will help the banks deal with the issue of mule bank accounts expeditiously and reduce digital fraud.

RBI had already requested banks and non-bank financiers to strengthen their underwriting standards and to step up their collection efforts so that the stress does not translate into bad loans.

Possessing a credit card can be a boon for frequent travellers who by virtue of holding a credit card get free access to lounges at select airports. It is noteworthy that this access may become effective upon meeting of certain conditions or limits imposed by the bank

Credit cards: Yes Bank has put a limit of 70% on reward points redemption for booking flights and hotel accommodation; the charges for auto-debit return, late payment, and finance charges have been revised, and quarterly spends required for complimentary airport lounge access have been increased.

Real estate experts urge the RBI to lower interest rates to boost sluggish sales and relieve borrowing costs. With high home loan rates and rising prices, housing demand has moderated, particularly in affordable segments. 

Credit Cards: Using credit cards wisely can build a strong credit history and improve credit scores, which are crucial for loan approvals and favourable interest rates. However, poor management may lead to loan rejections and higher borrowing costs.

Instant personal loans are unsecured and provide quick funds with minimal documentation. Borrowers should estimate their repayment capacity and maintain a good credit score to facilitate approval.

Personal Loan: Investing with personal loans can yield profits but comes with risks like high interest and market fluctuations. Proper planning and financial stability are crucial to mitigate potential losses and avoid debt traps.

Personal loans: When considering a personal loan, interest rates are crucial as they determine borrowing costs. Rates vary by lender, with options ranging from 9.99% to 24% per annum for loans up to 50 lakhs, depending on the bank and tenure.

Credit cards: American Express credit cards provide numerous benefits, such as travel and dining perks. Understanding the card's features is essential to maximize these advantages. Users can apply online and should utilize tools to manage spending and redeem rewards for greater value.

Credit cards: Choosing between cashback and rewards credit cards depends on purchasing habits and financial goals. Evaluate interest rates, fees, and redemption ease to optimize benefits. Each card type offers unique perks, so selecting the right one can significantly impact financial health.

Credit score: Tracking your CIBIL score is crucial for financial health. Access your score using your PAN card to understand your credit-worthiness, which can improve loan terms and repayment reliability. Ensure a single PAN card for a consistent credit history.

Personal loan: It provide quick access to funds for various purposes, including emergencies and major life events. However, they come with higher interest rates and risks. It's vital to assess your financial situation and seek professional advice when necessary.

Credit cards: Understanding the minimum amount owed on credit cards is crucial for financial management. While paying only the minimum keeps accounts in good standing, it can lead to long-term debt. Careful use and timely payments are essential to avoid falling into financial traps.

Personal loan: Raising a personal loan from a bank is one of the most feasible things to do. Banks offer loan at a low rate of interest but require borrowers to have a good credit score say above 700

As fog season looms, Indian airlines are ramping up efforts to reduce delays and enhance passenger experiences. Airlines like IndiGo and Air India are implementing strategies to ensure smoother operations

RBI Governor Shaktikanta Das has announced the expansion of the facility of credit lines through UPI from commercial banks to small finance banks. Separately, he also advised banks to reduce the number of inoperative accounts.

Personal Loan: Using an EMI calculator is essential for personal loan planning. It provides accurate monthly payment estimates, helping borrowers avoid over-borrowing and manual calculation errors. This tool aids in maintaining a good credit score and facilitates wise borrowing decisions.

Personal loan: Before you take a fresh loan for loan consolidation, make sure you take loan at a lower rate of interest, and other costs including processing fee & prepayment penalty are lower than the amount that you are geared to save

They offer higher returns but are they better overall? Lets find out.

A top-up plan is a very effective way to enhance your health insurance coverage.

Credit Score: A credit score reflects repayment ability and credit history, affecting loan approvals and terms. Ranges from poor to excellent indicate risk levels for lenders. Timely payments and cautious borrowing can improve credit scores, enhancing borrowing options.

Personal Loans: Online personal loans offer quick approval and disbursement, making them attractive for urgent financial needs. In contrast, traditional loans provide personalized service but may involve a longer application process and higher interest rates for certain borrowers.

Tata Equity PE Fund is a value mutual fund launched on June 29, 2004. Value funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked, as per the Sebi's categorisation of Mutual Funds.

Credit cards: Interest-free periods on credit cards help manage cash flow and avoid fees if used wisely. By making timely payments and avoiding cash advances, users can benefit from these terms while maintaining a good credit profile and minimizing unnecessary debt.

The claims paid ratio in terms of amount gives a better picture of claims experience than a settlement ratio on the number of claims

Earlier the deadline was Nov 30. In a latest circular dated Dec 4, the EPFO issued directions to all employers that the earlier circular stands modified.

While some of us are better than others at handling risk, human nature often causes us to underestimate or overestimate it.

Travel loans can help fund your vacation despite financial constraints. Offered by banks, these loans have lower interest rates and specific eligibility requirements. They range from 30,000 to 50 lakh, with short repayment periods and processing fees starting at 2% of the loan amount.

Personal Loans: Before obtaining a personal loan, borrowers must consider factors including credit history and macroeconomic indicators. Changes in repo rates, inflation, and government spending significantly affect interest rates, ultimately influencing the affordability of loans.

Credit cards: As a first-time credit card user, prioritize timely payments and avoid tempting offers. Select a card that aligns with your financial situation, keeping an eye on fees and rewards. Understand the approval process and eligibility criteria to secure a suitable credit card.

Personal loans: A personal loan is an unsecured borrowing option for immediate funds, typically requiring less documentation. Key features to consider include disbursal time, interest rates, repayment flexibility, and possible tax benefits based on usage, ensuring alignment with financial goals.

Credit cards: Axis Bank is making some changes to its credit cards from 20th Dec. These include an increase in interest charges, a fee for payment failure, a cash payment fee, DCC, etc. There will be a 1% reward redemption fee and a 1% surcharge on specified transactions beyond a specified limit.

Credit cards: In co-branded credit cards, a bank joins hands with a brand to create a card tailored to the brand's customers. The cardholder then starts earning points, miles, or cashback when they buy from the partner brand.

Canara Bank has revised its fixed deposit interest rates for amounts below 3 crore, effective December 1, 2024, offering rates from 4% to 7.40% for the general public and 4% to 7.90% for senior citizens on callable deposits.

Mahaparinirvan Diwas bank holiday: Are banks in Maharashtra closed on December 6 for Mahaparinirvan Diwas? No, it is not a public holiday. However, banks in the state are closed for at least 17 days in December 2024, including weekends and other holidays.

DCB Bank, led by Praveen Kutty, is emphasizing low-cost deposits and secured lending, while steering clear of unsecured loans. The bank plans to issue credit cards against fixed deposits to cater to various customer segments