India is going through an epic credit card boom. The Reserve Bank of India (RBI) recently stated that the credit surge in the country has more than doubled in the last five years. The total number of credit cards has crossed 10.80 crore by January 2025. This number was around 5.53 crore in December 2019-20, … Read more
Starting a new job is an exciting milestone for many young professionals. However, alongside the job opportunity come financial responsibilities and challenges that require careful planning. To build a stable financial future, first-time earners must be aware of and avoid common mistakes that could hinder their financial growth. This article explores these common pitfalls and … Read more
The rapid growth of Indian equity markets since the Covid-19 pandemic has led to a surge in retail investors entering the BSE through various investment avenues, including direct equity, mutual funds, and ETFs. According to market veterans like Raamdeo Agarwal, Chairman of Motilal Oswal Financial Services, the Indian markets are expected to double in five … Read more
As the Indian economy continues to evolve and grow, the travel theme is gaining traction. The aspiration to visit new places and travel with joy is becoming an integral part of life for many Indians. Now, to meet such aspirations quickly and seamlessly, more and more people are applying for personal loans and opening up … Read more
In personal finance, the terms ‘credit report’ and ‘credit score’ are often used interchangeably, though they represent different concepts. Both serve as tools for assessing the creditworthiness of loan applicants and borrowers, but understanding the difference between them is crucial. 1. Definition, meaning and purpose A credit report is a complete and comprehensive white paper … Read more
Recent monetary policy decisions in both the United States and India indicate a shift towards easing interest rates. The US Fed has been signaling that there is a need to keep the policy rate accommodative and is open to rate cuts if the data supports this. In its latest summary of economic projections, Fed members … Read more
While this flexibility is a great relief during critical times, it’s important to understand the rules, limits, tax implications, and the overall impact of such withdrawals on long-term financial security. EPF withdrawal for marriage and higher education To access EPF funds for marriage or higher education, the rules are quite strict. Sanjay Kesari, former regional … Read more
The rate for the state, excluding Mumbai, has gone up by an average of 4.39%, while the financial capital’s RR has increased by 3.39%. These rates are used as a benchmark to charge stamp duty and other taxes related to real estate transactions. They are usually revised each year based on property transactions, development projects … Read more
I am a 62-year-old investor with moderate risk tolerance and a large portfolio of stocks and equity mutual funds. I also invested ₹30 lakh in HDFC, Axis, and ICICI Prudential asset management companies’ liquid funds in April 2023. Since the capital gains on these funds are taxed at slab rates, I wish to replace these … Read more
The State Bank of India (SBI) released admit cards for the Junior Associates Mains Exam 2025 on Tuesday, April 1. The admit cards were released for candidates appearing for the Mains examination scheduled between April 10 and April 12 this year. The admit cards for all exam dates have now been released. Candidates can download … Read more