Hela April 24, 2019

Having adequate amount of money at the right time for what you intend to do is like a dream come true. Tenets of personal finance talk about creation and execution of financial plan for financial well-being of an individual. But what you plan today may not work next year, as your needs change, your cash-flow […]

Hela April 22, 2019

Why women shy away from taking personal loans (Illustration: SHYAM Kumar Prasad) By Hemanth Gorur Personal loans can be very handy in times of financial deficit or emergency situations like sudden hospitalisation. This can be even more so for Indian women as they seem to be earning less, spending more on medical expenses, yet receiving […]

Hela April 21, 2019

As a personal loan is an unsecured loan, its interest rate, terms, and other features that you can enjoy are heavily dependent on your credit score. A good credit score, one that’s 750 and above, can help you bag the loan amount you need at an affordable interest rate from a reputed lender. However, in […]

Hela April 20, 2019

Mumbai: Every year in March, the income tax department chases tax collections in order to fulfil targets for the financial year. But this year the department had kicked up the collection drive a notch. According to multinational companies, tax consultants and chartered accountants, the taxman has been uncharacteristically aggressive. “In the last quarter of every financial […]

Hela April 16, 2019

I started my first business out of my university dorm room, and like most startup business owners, I had to be resourceful and use whatever tools I could afford. Thus, I taught myself how to use Photoshop and I designed my own business cards, my own logo and all of my own marketing materials — […]

Hela April 14, 2019

The Income Tax department recently carried out raids at over 50 locations in Delhi and Madhya Pradesh. BHOPAL:  The Madhya Pradesh Lokayukta has refused to share details on search operations conducted by the Income Tax department against corrupt public servants of the state government citing an exemption clause under the RTI Act. RTI activist Ajay […]

Hela April 13, 2019

BENGALURU | MUMBAI: Flipkart co-founder Sachin Bansal is betting big on the domestic financial services sector as he looks to acquire a majority stake in a Bengaluru-based microfinance firm, two people familiar with the matter said. A successful transaction could also result in Bansal taking the top job at the firm, marking his return to an executive position, the sources said. […]

Hela April 12, 2019

The wall of worry surrounding Asia’s double-digit stock market growth this year just got another impetus: equity ETFs inflows have dwindled. Despite a 9 percent increase to $502 billion in assets under management for Asia equity exchange-traded funds so far this year, net inflows have been tapering off, according to data compiled by Citigroup Inc. On top […]

Hela April 10, 2019

After consolidating early in the day, the market managed to gain momentum in the last hour of trade and ended near the day’s high on April 9 with all sectoral indices closing in the green. The BSE Sensex gained 238.69 points at 38,939.22 while the Nifty 50 rose 67.50 points to 11,672, forming a bullish […]