In the latest episode of Mark to Market, we take a look at why Reliance Jio is the biggest gainer post the tariff hikes. Jio revised tariffs are at a meaning discounts to the tariffs announced by Vodafone Idea and Bharti Airtel.
Economic revival depends a lot on recovery of the real estate sector while banks and NBFCs wait for resolution in the industry. In 2019, stock markets were shaken up by crisis like the DHFL and the government resolution measure for the real estate sector may not be enough. Mint's Nasrin Sultana speaks to Gulam Zia, Executive Director, Knight Frank India if there is more pain left in the sector?
The Senior Citizens Saving Scheme (SCSS) is a social security scheme offered by the central government. Anyone over 60 can open an SCSS account and make the most of the lucrative interest rate. We tell you all you need to know about opening an SCSS account.
India’s GDP growth has fallen to 6-year low in September quarter and all eyes are on Reserve Bank of India’s monetary policy for a rate cut. Considering food inflation is on upswing, markets fear this could be the last of the cuts from the RBI. However, a big challenge for RBI is to unclog the credit flow and resolve the NBFC crisis. Markets will watch for commentary on credit flow, NBFC crisis and forecasts of GDP and inflation on Thursday when the committee puts out its vote on policy rates and stance.
Many of us avail of a loan to buy our dream house. But loans of any kind become a burden on your finances. So, it’s better to get rid of them soon. One way to do it is to utilise that extra bonus of yours to partly prepay your loan. Remember that making part prepayment early on during the loan tenure helps you save on the interest cost of your home loan. Here are a few other things you need to keep in mind while you consider making part prepayment to your home loan.
The entertainment news this week includes the box office analysis of action thriller Commando 3 and a chat with filmmaker Ritesh Sidhwani. In the latest episode of its show, 'Business of Entertainment', Mint's Lata Jha goes through the financial performance of what’s buzzing in the world of entertainment.
Traditional insurance plans are opaque products and the benefit illustration is your best friend in decoding these products. Here’s how.
India’s GDP hit more than six-year low of 4.5% in July-September 2019. GDP was recorded at 7% in corresponding quarter of HY 2018-19. GDP growth data for Sept 2019 quarter is lowest since Jan-March of 2012-13.
The stock markets are at all-time highs when the economy is at a multi-year low. What is happening?
Benefit illustration is important to know the investment benefits of your life insurance policy.
Sebi has tightened disclosure norms for reporting loan defaults. The capital market regulator has also made some changes in PMS. Mint's Nasrin Sultana speaks to Jinesh Gopani, Head Equities, Axis Mutual Fund if the new norms will impact stock markets at all.
Sebi order notes that an amount of ₹1,096 crore was transferred to Karvy Realty Private Ltd. A media report says that Karvy raised ₹600 crore by pledging client securities. In this episode of Why Not Mint Money, we tell you what to do if you are a customer of Karvy Stock Broking.
SpiceJet has denied a news report that it plans to raise Rs750 crore through a qualified institutional place (QIP). Whether or not the company is looking to raise money, the fact is that the airline has extremely low amounts of cash on its books, and needs to bolster its balance sheet with a fund-raise sooner than later. As on 30 September, the airline had cash and cash equivalents worth Rs93 crore and a negative networth of about Rs850 crore.
Traditionally transferring EPF money was difficult and time-consuming but not anymore. With the launch of the Universal Account Number and under the one employee-one EPF account platform, employees can now transfer provident fund money online. We tell you the process.
Despite an overhang of falling GDP growth, foreign investors continued to remain bullish on India with robust foreign inflows driving Indian equities to a record high on Monday as expectations around fresh government stimulus gained further momentum. Benchmark indices gained over 1% on hopes that the Reserve Bank of India may reduce interest rates further to infuse fresh liquidity in the economy over concerns that GDP growth could fall below 5% in the second quarter. Gaining 529.82 points or 1.31%, the Sensex ended at a record high at 40,889.23.
The entertainment offerings this week include Disney’s animation flick Frozen II besides a new Hotstar original titled Out of Love. In the latest episode of its show, 'Business of Entertainment', Mint's Lata Jha goes through the financial performance of what’s buzzing in the world of entertainment
Real returns factor in inflation and other crucial elements such as taxes. It’s important your investments make real returns if you want your wealth to grow. Retail inflation rose to 4.62% early this month and is expected to inch upwards. While for the policymakers who are looking to cut policy rates to boost investments this presents a challenge as it would only add to the inflationary pressures, investors too need to worry as inflation can eat into their investment returns.
The first National Goods and Services Tax Conference took place in Delhi on Monday. The conference, held at Vigyan Bhawan in the national capital, was attended by Commissioners of State Tax, Zonal Chief Commissioners and Directors General of Central Tax. One of the objectives of the meeting was to boost 'synergy' at the state and central level. The conference was chaired by Union Revenue Secretary, Ajay Bhushan Pandey. The meeting took place just days after Union Finance Minister had participated at a session to explore simplification of the GST filing process.
With healthcare costs spiralling in India, you need to be prepared for any medical emergencies. Such events can dent your savings and even land you in debt, putting your financial life out of gear. That’s what happened with Saipriya Padala and her husband Saikishore, both finance professionals. But a disciplined approach towards saving and sound financial advice has helped them salvage the situation. Watch the video to know how they did it.
