News and Updates

NEW HOME (A)LOAN SCHEME WITHOUT COLLATERAL ON CARDS

The government is launching a new housing loan scheme. This scheme will help low and middle-income groups buy homes. Loans up to Rs 20 lakh will be available. Borrowers will not need collateral. The government will guarantee a portion of the loan. Digital transactions will be considered for loan approval. This will make homeownership easier for many.

LOAN AGAINST MUTUAL FUNDS: INTEREST RATES OF SBI, HDFC BANK, ICICI BANK, OTHERS

LOAN AGAINST MUTUAL FUNDS is a financial solution that allows investors to borrow money against their mutual fund units without selling them. It works as an overdraft facility and the interest is charged only on the amount availed as credit.

YEAR-ENDER 2024: TOP 10 EQUITY MUTUAL FUNDS OF THE YEAR. DO YOU HAVE ANY?

Seven equity mutual funds gained over 50% in 2024. Mirae Asset's FANG+ and S&P 500 Top 50 ETFs topped the list. Motilal Oswal funds also performed well across categories. HDFC Defence Fund saw strong gains. International funds experienced some losses. Most equity funds delivered positive returns in 2024.

YEAR-ENDER 2024: TOP 13 MULTICAP MUTUAL FUNDS DELIVER OVER 25% RETURNS IN 2024; AXIS MULTICAP FUND LEADS THE PACK

ET Mutual Funds analyzed the performance of multicap funds against their benchmarks. Out of 23 funds, 18 outperformed their respective benchmarks, achieving a 78% outperformance rate in 2024. This means only five multicap funds fell short of their benchmarks. All funds were benchmarked against the Nifty500 Multicap 50:25:25 - TRI, which delivered a 22.62% return in 2024.

WHY REAL ESTATE OUTSHINES GOLD AND STOCKS AS A LONG-TERM INVESTMENT

Real estate has consistently proven to be an effective hedge against inflation.

RS 100 CRORE+ APARTMENTS SELLING LIKE HOTCAKES: INSIDE INDIA'S UNREAL ESTATE BOOM FUELLED BY ULTRA-RICH BUYERS

India's luxury housing market is booming, driven by a surge in wealth and demand from billionaires and HNIs. Sales of luxury apartments skyrocketed, with properties worth hundreds of crores being snapped up. Branded residences and smart homes are gaining popularity, attracting both domestic and NRI investors.

CRYPTO SALE PROFITS BEFORE 2022 RULE CHANGE BE TREATED AS CAPITAL GAINS: ITAT

The decision is significant as it recognizes virtual digital assets as capital assets, said experts. "It not only recognizes Bitcoin as a capital asset but also provides clarity on how such transactions should be treated for the period before the introduction of the formal VDA (virtual digital asset) regime in 2022," said Sandeep Jhunjhunwala, tax partner (M&A), Nangia Andersen.

SUPREME COURT LAYS DOWN FACTORS FOR DECIDING ALIMONY AMID TECHIE SUICIDE CASE

The Supreme Court advised all other courts to follow the guidelines but said the factors do not lay down a 'straitjacket formula' while deciding the permanent alimony.

POWER OF COMPOUNDING: FROM 20 TO 50 YEARS OF AGE, SEE HOW EVERY 5-YEAR DELAY IN STARTING YOUR RS 11,000 MONTHLY SIP CHANGES THE WAY YOUR WEALTH GROWS TILL AGE 55; LEARN WITH EXAMPLES

If slow and steady truly wins the race, how soon should you start your investments? Many financial planners have time and again emphasized the importance of starting to invest early in life to make the most of compounding, which is nothing but reinvested returns to generate additional earnings over time. Now, if you were ready to spare Rs 11,000 every month till you reach an important financial goal in life, say early retirement at 55, can you guess the actual cost of every 5 years of delayed investment?

Relief for home loan borrowers only in 2025: Savings on EMIs as RBI likely to cut rates by 50-100 bps in new year

Home loan borrowers may see relief in 2025 as interest rate cuts are anticipated following a decline in GDP growth. Experts predict a potential repo rate reduction, with varying estimates of up to 100 bps. Borrowers are advised to switch to external benchmark-linked lending rates to maximize gains and consider refinancing for better deals.

THE CRR CUT NOW MAY DELIVER MORE THAN LOWER RATES

The Reserve Bank of India (RBI) unexpectedly cut the cash reserve ratio (CRR) by 50 basis points to inject ₹1.16 lakh crore into the banking system. This move aims to improve liquidity and transmission of rate cuts amid high inflation and slowing economic growth.

DIRECT TAX CODE 2025: INDIVIDUALS EARNING UP TO RS 15 LAKH WILL BENEFIT MORE FROM NEW TAX LAWS, FEEL EXPERTS

Direct Tax Code's key provisions are expected to include streamlined tax regimes, fewer slabs, and reduced complexities, benefiting individuals with annual incomes between Rs 5 lakh and Rs 15 lakh.

MUTUAL FUND TAXATION: HERE'S HOW IT WORKS

We walk you through the current tax structure for mutual funds

Mutual funds are an easy and popular investment option for many. However, while understanding how mutual funds work is simple, figuring out how they are taxed can be challenging. In this primer on mutual fund taxation, we break down the key details, helping you make smarter investment decisions while minimizing your tax liabilities.

MAHARASHTRA CM DEVENDRA FADNAVIS: LODHA, OBEROI REALTY, GODREJ PROPERTIES, RUSTOMJEE & SUNTECK AMONG REAL ESTATE STOCKS IN FOCUS

Macrotech Developers shares climbed 3.94 percent to hit a high of Rs 1,348 on BSE. Oberoi Realty shares jumped 5.04 percent to Rs 2,162.45. The Godrej Properties stock was marginally higher at Rs 2,860.90.

SINGER SHEKHAR RAVJIANI REVEALS HE COMPLETELY LOST HIS VOICE 2 YEARS AGO. WHAT IS 'VOCAL CORD PARESIS'?

Shekhar Ravjiani, the renowned singer and music composer, recently shared his emotional journey of battling vocal cord paresis, a condition that left him temporarily voiceless. For nearly two years, he struggled with the fear of never being able to sing again. Through rigorous treatment and sheer determination, Ravjiani regained his voice and is now speaking out to inspire others facing similar challenges.