Daily Headlinez Top News Updates
We asked 7 wealth and fund managers from leading brokerages for where investors should invest Rs 1 lakh right now. (AI image) Wealth creation can seem intimidating for many – where should you put your money for steady returns over short-term, medium and long term? In today’s world of heightened uncertainty, the question becomes even…
The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…
Mumbai: A day before the Union Budget, State Bank of India chairman CS Setty has sought a level playing field for tax treatment of all financial products, including fixed deposits. The chairman’s comment came in the wake of bank deposits continuing to lag credit growth as retail savings continue to pour into mutual funds.Responding to…
Today emerges as a tapestry of promising transformations, where wishes hover on the brink of reality and the esteem of peers flourishes. Love effortlessly intertwines with genuine connections, leading to heartwarming exchanges and heartfelt dialogue. On the professional front, success rewards diligent efforts and transparent interactions, while academic pursuits thrive with dedicated focus. Things finally…
An FD gives you a fixed interest rate, a promise from the bank that you’ll get your money plus that interest back at maturity. (AI image) Over the long run, mutual funds usually outpace FDs—but only if you use each for the right goal, time frame and temperament.You talk about mutual funds and there’s always…
