As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular the State Bank of India (SBI) and IDFC First Bank card consumers. Now, on and from April 1, 2025, important changes are going to strike reward points, free cover insurance, … Read more
“Wherever possible, we like to buy individual stocks and securities globally. In certain markets, because of regulatory reasons, stocks cannot be purchased directly, in which case we may get exposure via country ETFs (Exchange-traded funds),” said Mehra, who runs a global fund out of Cayman Island. She invests 80% of her portfolio in her global … Read more
Q. Me and my wife have been investing in large-cap index mutual funds for the past 10 years. We now intend to diversify our investment and have thought of investing in sectoral mutual funds, specifically commodity mutual funds. Can you please elaborate on the pros and cons of commodity mutual funds. C.K. Tiwari, Noida, Uttar … Read more
The Union Cabinet on Wednesday approved the extension of a ₹1,500 crore incentive for the promotion of small-value BHIM-UPI (P2M) transactions. The new move, aimed to benefit common man and small merchants, will be applicable for transactions below ₹2,000. “The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved the ‘Incentive Scheme … Read more
Although first three-quarters’ growth was not too promising with 6.2 percent in Dec quarter – it was somewhat expected since it was an election year, explains Dr Rumki Majumdar (PhD), economist at Deloitte. She speaks about the current volatility in the financial market and deconstructs to explain what it reflects on the fundamentals of economy. … Read more
Morgan Housel’s book “The Psychology of Money” throws light far and wide on why emotion, behavior, and decision-making all have a role to play in equity investing and financial success. The following are seven lessons from the book that will help you create a healthier relationship with money: Find the role of luck and risk … Read more
However, while this offers a lot of convenience, an invisible threat also looms: cyber fraud. This threat often catches even the smartest and tech-savvy individuals off-guard. Take the case of Ananya Sharma, a 32-year-old IT professional from Bengaluru. She received a text about an urgent electricity bill payment to avoid disconnection. Trusting its authenticity, she … Read more
Economic success and creation of new jobs alongside innovation and growth stems from micro small and medium-sized enterprises (MSMEs). Securing finance has always proven challenging due to the necessity of collateral. The program creates an opportunity for MSMEs to acquire loans worth up to ₹1 crore without requiring any security pledges. This article details the … Read more
In today’s dynamic financial landscape, Indian investors face increasing challenges with domestic market volatility and currency fluctuations. Recognising the need for diversification and global exposure, we are proud to presentMint Horizons, an exclusive masterclass series designed to empower investors with the knowledge and tools to navigate international markets effectively. Featuring some of the top investment … Read more
With health insurance premiums seeing a sharp increase due to the rising cost of medical inflation, you should consider purchasing riders, which are offered as an ‘add-on option’ in your policy. Health insurance riders can provide you with decent coverage at lower costs. A health insurance rider, which is the extra benefit or coverage that … Read more