With the speed of finance today, monitoring your credit health like an eagle has never been more important. For Indian consumers, where credit access is becoming a necessity for everything from home loans to personal loans, frequent credit report updates are no longer a luxury, they are a must. Hence, understanding how these changes enhance…
On 13 February, finance minister Nirmala Sitharaman introduced the much-awaited bill to replace the existing Income-Tax Act, 1961. Among the changes proposed in the Income-Tax Bill, 2025, a significant one that cannot be overlooked is the extensive power granted to tax authorities to carry out searches of tax evaders. The bill has introduced the term…
Credit cards are an integral part of the financial lives of most Indians today, bringing convenience and several advantages, including reward points. Reward points are highlighted as one of the key advantages but the question that has to be taken seriously is: Are they worth it? It is important for card users to understand their…
When you are running low or have completely run out of internet data on your mobile, you can easily do a top-up. A top-up gives an instant boost to the internet data. Similarly, if you have taken a personal loan and need more funds, you can go for a personal loan top-up. In this article,…
Investment word of the day: Investing in the stock market may be intimidating, especially for beginners. Many struggle with understanding essential stock market terms, making the process complex. Here’s a simple guide to one such term: active funds. Let’s see what active funds are, how they work, and why they matter. What are active funds?…
As the global landscape of wealth management evolves, so do the expectations of affluent investors. Now, in early 2025, the focus has shifted towards a more nuanced and diversified approach, with high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNIs) seeking a broader array of services to manage and grow their wealth effectively. Core expectations – tailored…
It is important to note that, applying for a home loan is a big milestone towards the realisation of the dream of the homeowner. However, the home loan application can be rejected due to one or two reasons, and the applicants would get confused, having no idea what they are expected to do next. It…
Financial wisdom depends on grasping the operations of personal loan interest rates. Interest rate variations directly control your regular payments throughout the loan period as well as the total expense and available funding of your loan. Personal loan interest rates can be understood through an easy method which explains influencing variables presented in this article….
The latest data presented by the Reserve Bank of India (RBI) show easing of personal loan expansion in India’s financial sector. Personal loan expansion year-to-year was 14.2% in the fortnight as of January 24, 2025 as detailed in a press release by RBI on Feb 28, 2025. This, in the case of the sample 41…
Mint analysed India’s top 15 fund houses in terms of assets under management (AUM) to see which of their equity funds had higher share of regular plans and which had higher share of direct plans. Data revealed that many funds launched in the past four to five years lean heavily on regular plans for their…
