Manking Personal Finance Easy
Our goal here at Credible Operations, Inc., NMLS Number 1681276, hereinafter “Credible,” is to give you the tools and confidence you need to improve your finances. Although we promote products from our partner lenders who compensate us for our services, all opinions are our own. The latest private student loan interest rates from the Credible…
Foreign portfolio investors (FPIs) extended their robust selling streak in the Indian market, making a sharp turnaround to become net sellers in October amid ongoing geopolitical tensions and cheaper valuations in the Chinese stock market. This comes after an aggressive buying streak recorded in September, when FPI inflows hit year-to-date (YTD) highs and a nine-month…
State administrations increased new expenditure by 67% to nearly ₹1.62 lakh crore, surpassing the central government’s investment plans, which, however, registered a sharper spike of 185.6% and reached around ₹1.54 in the second quarter lakh crore. | Photo credits: Getty Images/iStockphoto New investment plans rebounded strongly in the July to September quarter, with public investment…
Early planning was essential to save money, especially during Europe’s busy travel season in June and July. Gandhi, who carefully collected credit card points, took a strategic approach: spend more to accumulate points that could earn him free business class tickets and stays in luxury hotels. Collect Avios Gandhi and his family enjoy luxury travel,…
India’s economy grew 7.6 percent in the September quarter of this fiscal and remained the fastest-growing major economy, mainly due to better performance by the manufacturing, mining and services sectors, government data showed on Thursday. Gross domestic product (GDP) grew by 6.2 percent in the July-September quarter of 2022-2023. India remained the fastest growing major…
I own shares of Infibeam Avenues. My purchase price is ₹42. Should I continue to hold or close at a loss? Rahul Infibeam Avenue (€29.25): The stock has fallen sharply from a high of ₹41 this year. On the chart, the bias is negative with strong resistance in the ₹32-34 area. As long as the…
NEW DELHI: Optimistic GDP growth forecasts for FY25 depend on strong government investment and effective inflation control for India to achieve growth above 7 per cent, according to Ernst & Young (EY) report. Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising…
I am a retired bank employee. My total annual income is around 15 lakhs which consists of pension, LIC annuity, house rent and interest on fixed deposit. I have the advantage that one percent are ex-staff and half are senior. I also get 8.2% on SCSS. If I open a HUF and transfer my fixed…
The Fed’s rate cut will lead to better interest rates for borrowers. (iStock) The Federal Reserve cut the fed funds rate by half a percentage point on Wednesday, a move largely anticipated by economists as inflation remains sustainable toward a 2% target rate. The central bank announced it would cut the federal funds rate by…
With the quarterly earnings of India’s largest bank by total assets, State Bank of India, around the corner, analysts have become bullish on the stock and are predicting a healthy upside from the current market price. SBI will announce its September second quarter results on Friday, November 8. In the first quarter of the current…
