News and Updates

Keep yourself updated with the latest financial news and updates.

Posted On : 25-Aug-2022

Reference : Money Control

RBI HIKES REPO RATE BY 50 BPS: EMIS TO SHOOT UP FOR BORROWERS, INTERESTS TO RISE FOR DEPOSITORS

Typically, when interest rates go up, banks tend to extend loan tenure and not EMI first, pushing up the interest outgo for home loan borrowers significantly over long tenures of 15-30 years.

Posted On : 25-Aug-2022

Reference : Money Control

MUMBAI’S RENTAL MARKET IS ON FIRE, LANDLORDS CELEBRATE

Redevelopment projects, which entail the razing of old buildings and their replacement by new constructions, has been the game-changer for Mumbai’s rental market. When buildings are demolished, the supply of apartments goes out of the system, narrowing the choice for tenants.

Posted On : 25-Aug-2022

Reference : Financial Express

6 SIMPLE STEPS TO TOKENISE YOUR DEBIT AND CREDIT CARDS

Tokenisation will make transactions on your debit and credit cards safer and more convenient.

Posted On : 25-Aug-2022

Reference : ET Wealth

BUYING AN INHERITED PROPERTY? TAKE THESE 8 PRECAUTIONS

Buying any property, especially in the resale market, can turn out to be a dodgy business deal. One such aspect is when buying an inherited property because one has to be doubly sure how the property devolved upon the seller/s and if it reeks of potential fraud.

Posted On : 25-Aug-2022

Reference : Financial Express

ITR FILING: HOW TO CLAIM HOME LOAN TAX BENEFIT AND HRA EXEMPTION TOGETHER

Can you claim Home Loan Tax Benefit and House Rent Allowance exemption together? Find out

Posted On : 25-Aug-2022

Reference : Money Control

MEET THE SWEEPER WHO ROSE TO BECOME AN ASSISTANT GENERAL MANAGER AT SBI

Pratiksha Tondwalkar, a single mother from a humble family, rose through the ranks with sheer grit and determination.

Posted On : 25-Aug-2022

Reference : Money Control

HDFC HIKES LENDING RATE BY 25 BPS; HOME LOANS TO BE COSTLIER

The rate hike comes ahead of the RBI’s Monetary Policy Committee (MPC) meeting later next week. It is widely expected that MPC would hike interest rates to tame high inflation.

Posted On : 25-Aug-2022

Reference : Economic Times

HOME LOAN BORROWERS FACE HIGHER OUTGO IN GOODBYE TO EASY MONEY

On Saturday, Housing Development Finance Corp (HDFC), India's largest mortgage financier, hiked its benchmark retail prime lending rate (RPLR) for the fifth time this fiscal ahead of the RBI's monetary policy meeting scheduled on August 5.

Posted On : 25-Aug-2022

Reference : Livemint.com

BOMBAY HC ORDERS DEMOLITION OF 48 HIGH-RISE BUILDINGS NEAR BOMBAY INTERNATIONAL AIRPORT

The portions constructed above a certain height are to be demolished as per the Bombay High Court order.

Posted On : 25-Aug-2022

Reference : Money Control

STORY OF MUMBAI WOMAN WHO STARTED A BUSINESS AT 79

Kokila Parekh, now 80, owns a tea masala business. They ship orders across the country.

Posted On : 25-Aug-2022

Reference : Mid Day

WE DIDN’T PAY CRORES TO LIVE LIKE THIS, SAY RESIDENTS OF MULUND TOWER

400 residents of fancy Tirumala Habitats at Mulund West up in arms as short circuit plunges it into darkness and blows up a long-running feud with the developer.

Posted On : 18-Aug-2022

Reference : Zeenews.india.com

SBI: BENGALURU WOMAN WINS LEGAL BATTLE! BANK TOLD TO WAIVE OFF RS 54.09 LAKH LOAN, CHECK DETAILS

A woman has won a legal battle against the State bank of India (SBI). The SBI has been directed by a consumer court to waive off a Rs 54.09 lakh loan.

Posted On : 18-Aug-2022

Reference : Indiatoday.in

FALLING RUPEE AND INFLATION: COMMON MAN’S DEMONS

Milk, curd, honey, hospitalization, hotel rooms, and studying abroad are some common things that will get costlier and burn a hole in the common man's pocket. Why? Because the government decided to levy GST on items that were exempt earlier.

Posted On : 18-Aug-2022

Reference : ET Wealth

WHAT IS AIS? INCOME TAX DEPARTMENT ANSWERS ALL YOUR QUERIES ABOUT ANNUAL INFORMATION STATEMENT

The Annual Information Statement (AIS) is a tool the tax department uses to let people know what information it holds on them.

Posted On : 18-Aug-2022

Reference : Business League

PAN CARD CORRECTION AT HOME: GOOD NEWS! NOW YOU CAN DO PAN CARD CORRECTION IN THESE TWO WAYS AT HOME, KNOW EASY PROCESS HERE

One of the most important documents we have is a PAN card. Open an account in a bank, apply for PF, apply for a loan, check your civil score, file income tax return etc. For all these works, you need a PAN card.