Are you planning to apply for a credit card but worried about its prohibitively high annual fees? If that is the case – you should bear in mind that there are a slew of cards which do not levy any annual fee at all. Here, we list out five of these credit cards which do … Read more
I have invested in an ELSS scheme under the Dividend Reinvestment Plan. Does the reinvestment of dividends qualify for a rebate under Sec 80C? Yes. The dividend reinvested is treated as a fresh investment in the ELSS. Therefore, it is eligible for deduction u/s 80C within the overall limit of ₹1.50 lakh during the financial … Read more
When remaking the classics, Disney has had to step gingerly around everything: Cannot say ‘white’ because, racism; cannot say ‘dwarf’ because we acknowledge the dignity of people of short stature, and not to forget the outrage over the prince kissing a sleeping princess ‘without her consent’. That said, the joy of revisiting a childhood favourite … 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
Prior to investing in a mutual fund scheme, investors tend to compare its past returns with those of similar schemes in the same category. Besides past returns, investors are also supposed to evaluate other factors which include past performance of the fund manager, overall market performance and reputation of the fund house, among others. Here, we … Read more
If you stare at a financial crisis and need funds urgently – you will invariably have a temptation to raise a loan. Now with a range of fintech platforms offering loans aplenty, it is highly unlikely not to opt for a personal loan. Most unsecured loans charge a higher rate of interest, thus putting a lot … Read more
It is often emphasised that credit card users should check their credit report at least once in a year. This not only helps them stay updated of their creditworthiness, but also flags any error which may have cropped up for no fault of theirs. What does one do in case there is an error in the credit … Read more
If you are an enthusiastic shopper and looking for a credit card to satisfy your shopaholic cravings – there are options galore. Here we list out the six popular credit cards which one can explore to make the most of their extravagant disposition. Six key credit card options for shoppers I. Amazon Pay ICICI Credit Card: … Read more
Financial markets have been quite volatile lately. Benchmark index Nifty50 has already lost 14 percent off its peak of 26,277 it hit in September. Although it lost 16 percent by February-end, it has now pared some of the gains. The declining trajectory of markets has naturally cast a shadow an mutual funds. The latest AMFI … Read more