Manking Personal Finance Easy
According to a report by Motilal Oswal, 2024 was a successful year for initial public offerings (IPOs) in the Indian primary market. The report highlighted that a record ₹1.8 lakh crore has been raised through over 317 IPOs so far this year. This figure surpasses the previous record of ₹1.3 lakh crore in 2021 and…
Cybercrime Tricks: With cybercrime on the rise in the country, India’s largest bank, State Bank of India, has issued an advisory outlining possible ways in which fraudsters can deceive customers. 10 common cybercrime tricks TRAI telephone fraud: Some fraudsters may threaten to suspend your mobile services due to allegations of illegal activities or non-compliance with…
International crude oil prices were little changed last session as markets weighed on weak Chinese demand and lower interest rate cut expectations from the US Federal Reserve following recent pressures from US inflation. Brent crude futures closed up six cents, or 0.08 percent, to settle at $72.94 a barrel. U.S. West Texas Intermediate crude futures…
BIMARU states can no longer be considered sick (sick), if the strong growth of mutual fund assets managed by these states is something we can expect. BIMARU is a term coined by demographer Ashish Bose in the 1980s to describe the poor economic conditions in Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. Mutual fund assets…
In a ruling that will impact many credit card holders in India, the Supreme Court on December 20 overturned a 2008 National Consumer Disputes Redressal Commission (NCDRC) ruling capping credit card interest on late bill payments at 30% per annum. “In view of the foregoing reasons, the judgment of the NCDRC is set aside and…
Buy or sell shares: Following the US Fed’s aggressive outlook on interest rate cuts and selling of financial instruments, the Indian stock market broke its four-week winning streak. Major benchmark indices have wiped out their four-week gains over the past week. The Nifty 50 index fell to 23,587 from 23,768, with a weekly loss of…
Bank FD Interest Rates: Several banks including Federal Bank, RBL Bank and Equitas have revised their fixed deposit interest rates in December 2024. As per the revised FD rates, investors can get a return of almost 9% on their fixed deposits. Fixed deposits are one of the most suitable options for investors who want to…
Target: ₹1100 CMP: €845.80 Anant Raj (ARCP) is transitioning from its real estate stronghold to a diversified business model with strategic investments in data centers (DCs) and cloud services. This shift taps into the growing trends of data localization and digital transformation in India. With a planned capacity of 300 MW for DC over the…
I had invested in bonds of a listed company with a cumulative interest option. These bonds were redeemed on July 15, 2024. I have received the redemption money of 1 lakh with interest of ₹67,595/-in interest after deducting TDS from ₹7,511/-. I have not shown any interest income related to these bonds in the past….
IPO News Today Live Updates: Navigate the dynamic world of IPOs with our dedicated IPO News section. Here we bring you the latest updates on companies entering the public markets and provide insights into their financial strategies, valuation and market reception. Whether you’re an investor looking for new opportunities or simply curious about the financial…
