Finance

One of the biggest issues that homebuyers face across the country is inordinate delays in project completion. The worst sufferers, however, are homebuyers from the National Capital Region (NCR) and …

This is with reference to the reply given ( published on November 16, 2020) to a query raised by H S Murlidhar. The query was regarding taxability of interest on …

Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Consumers have been sitting at home for months and …

Smaller and mid-sized entities with an AUM of under Rs 20,000 crore expect higher growth rate compared to their larger peers. Growth in non-banking financial companies’ (NBFC) assets under management …

The Association of Mutual Funds in India (Amfi) has asked markets regulator the Securities and Exchange Board of India (Sebi) to restore the cut-off time for mutual fund purchases and …

With the deadline for filing tax returns approaching, two friends, share their tax woes. Ram: I made a neat gain of ₹1 lakh when I sold some of my old …

American Express shares fell after the Wall Street Journal reported that the investigative arms of three U.S. financial agencies were probing the card issuer’s sales practices. Shares of the company …

The margin trajectory will remain moderately under pressure, given the continued monetary easing, low lending rates and relatively higher liquidity on bank balance sheets. Private lenders have reported a sequential …

Mutual Fund dividend plan assets have seen a 50% drop over the past year as Budget 2020 made dividends taxable at slab rates. In a circular issued on 5 October, …

Varadhan, an NRI aged 55 and retiring in 2021, has been working in West Asia for the last 30 years. He wanted to return to India and live comfortably in …

Uber driver picking up customer. Al Seib | Los Angeles Times | Getty Images Self-employed and gig workers applied for unemployment benefits last week at half the level from the …

The margin trajectory will remain moderately under pressure, given the continued monetary easing, low lending rates and relatively higher liquidity on bank balance sheets. Banks are likely to post weak …

In order to boost the adoption of digital payments further, the Reserve Bank of India last week allowed the transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock, 365 days …

The insurance regulator, IRDAI, recently mooted the draft guidelines for a standard personal accident product and it is mandated to be offered by all general and health insurance companies. A …

Online finance start-up SoFi is set to go public by merging with a blank-check company run by venture capital investor Chamath Palihapitiya, the companies announced Thursday. The merger with Palihapitiya’s …

The bond issuance was a part of SBI’s $10 billion medium term note programme, the ratings of which were withdrawn by rating agency Moody’s. Image: PTI State Bank of India …

A far more confident, poised and assertive Nirmala Sitharaman looked nothing like the fumbling finance minister just a few months back when she announced the first fiscal package. The almost …

After announcing standardisation in term life and health insurance, the insurance regulator, IRDAI, is now set to bring standardisation in home insurance as well. As per its recent circular dated …

US President-Elect Joe Biden delivers remarks before the holiday at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images Stocks and taxes: What’s going …

YS Chakravarti, MD & CEO, Shriram City Union Finance Shriram City Union Finance, a deposit-accepting NBFC and part of the over Rs 1-lakh-crore Shriram Group, has done well in the …

Axis Bank has launched a new credit card, the ACE card, in collaboration with Google Pay and Visa. The card uses tokenization through Google Pay to allow users to make …

The articles covered by your esteemed newspaper are very informative and well-researched. May I request you to extend your coverage to issues related to autumn years, especially on health insurance …

Richard Clarida Scott Mlyn | CNBC Federal Reserve Vice Chairman Richard Clarida said he expects the central bank to maintain the pace of its asset purchases through the balance of …

“On a review of evolving liquidity and financial conditions, it has been decided to restore normal liquidity management operations in a phased manner,” the RBI said in a statement. The …

The market has gotten so optimistic that it would make even Little Orphan Annie seem like a pessimist. Emotionally, it was a bruising week. Rioters stormed the Capitol Building and …

The Standard & Poor’s 500 Index, or simply S&P 500, is a market-capitalization-weighted index of 505 large-cap U.S. stocks. The index accounts for 80% of the market value of the U.S. …