India economy

Are you planning to open a PPF account online on Diwali 2024? Here are three new Public Provident Fund rules you NEED to know

The Public Provident Fund (PPF) is a very popular savings scheme that offers a low-risk investment option. As you prepare for the festivities of Diwali 2024, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it is important that you are aware of three important changes that…

Read More
India economy

Indian bonds remain attractive amid stable macroeconomic variables: PGIM India, ETCFO

New Delhi [India]October 21 (ANI): Indian bond markets continue to show resilience, supported by stable macroeconomic fundamentals and favorable supply-demand dynamics, said Puneet Pal, head of fixed income at PGIM India Mutual Fund. Pal expects a gradual approach from the Fed to lower interest rates. He said Indian bonds remain a lucrative investment option due…

Read More
India economy

Cyclical delay? Nomura thinks so

The Indian economy is likely to enter a cyclical slowdown and growth could fall below 6.7% due to emerging risks, Nomura economists opined, noting that weak urban demand is likely to remain paltry amid of high interest rates and moderating wage growth. “Urban consumption indicators have been softening lately… We think this weakness in urban…

Read More
India economy

What if you transfer money to the wrong account? Here’s how the family lost ₹6 lakh after a mistake in transferring tuition fees

A family from Miryalaguda is lost ₹6 lakh after he accidentally transferred the tuition fees to the wrong US bank account more than two months ago. According to a report by TOI, Dongari Chakravarthi is studying Advanced Data Analytics at the University of North Texas. His family sent $7,100 ( ₹5,99,174) for his installment fees….

Read More