The combined market valuation of eight of the top 10 most valued firms surged ₹1,21,270.83 crore last week. Reliance Industries became the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The 30-share BSE Sensex hit its previous record high … Read more
NTPC Green Energy, the renewable energy subsidiary of NTPC, filed draft papers with the Securities and Exchange Board of India (SEBI) on Wednesday, seeking to raise ₹10,000 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the entire IPO will consist of fresh equity share issuance with no offer-for-sale … Read more
Have you ever faced a situation wherein you got your debit card linked to a portal for a monthly subscription to use a service such as Netflix or something else? And now you want to discontinue the service with immediate effect? There could be a number of reasons for this. Either you enrolled for it … Read more
If you own a credit card, you can explore a number of offers given by banks. These include the offers at eateries and restaurants in your city and beyond. It is recommended to check these offers before they expire. These offers are given by the cards issued by almost all top banks such as HDFC Bank, ICICI Bank, Kotak … Read more
HDFC Bank has revised its Marginal Cost of Lending-based interest rates (MCLR) with effect from Saturday i.e., September 7. Now, the MCLR based lending rates will be in the range of 9.10 to 9.45 percent per annum. However, only MCLR for 3-month tenure has been raised by 5 basis points. The rates for all other … Read more
Prior to investing in a fixed deposit (FD), depositors tend to compare the interest rates offered by different banks so that they can choose one bank over the other. Typically, the rate of interest and the tenure of FD go hand in hand. This means the longer the FD tenure, the higher the interest rate. … Read more
From time to time, you may get a message or email from your bank mentioning that you are eligible for an increase in the credit limit on your credit card. Some people who need a higher limit may accept the offer. Some people may ignore the message, thinking they are already using the credit card … Read more
As September 2024 unfolds, several key developments are poised to impact personal finances, with changes ranging from LPG cylinder costs to new credit card regulations. Staying updated on these shifts can help you manage your budget more effectively and steer clear of unexpected financial challenges. Here’s a look at the top five changes you should … Read more
Before you decide to open a fixed deposit (FD) account in a bank, it is incumbent upon you to compare the interest rates offered by different banks. The interest rates usually do not vary much from lender to lender. However, there is a rule of thumb that applies to most lenders uniformly —the longer the … Read more
The HDFC BizBlack Metal Edition Credit Card is a prestigious card that offers plenty of benefits tailored for business professionals and high-net-worth individuals. This credit card comes with 5X rewards on tax payments is an industry-first benefit and is a good beginning for the growth of business credit cards in India, a segment that’s under-served … Read more