Facing a difficult financial situation can certainly challenge your commitment to saving, but there are smarter approaches than depleting your emergency fund or selling investments. An alternative option is to explore loans from banks or other financial institutions such as NBFCs. However, the decision between opting for a personal loan or a payday loan depends … Read more
Abans Holdings, Transformers & Rectifiers, Waree Renewable Tech, IIFL Finance, KEI Industries, Anand Rathi Wealth, Llyods Metals, Force Motors, Suryoday Small Finance Bank, Motilal Oswal Financial Services among other smallcap stocks logged a double-digit growth in their share prices last week. Markets’ Weekly Print Domestic equity benchmarks traded mixed and finally settled almost flat, taking … Read more
Securing a personal loan is based on various factors that lenders evaluate to determine your capacity to repay the loan. There are various steps you can take to enhance your eligibility for a personal loan and potentially secure more favourable loan terms, such as lower interest rates or increased loan amounts. Here are some essential … Read more
Oil prices rose around one per cent in the previous session on geopolitical tensions in the Middle East but posted a weekly loss over a bearish world oil demand growth forecast from the International Energy Agency (IEA) and worries about delayed US interest rate cuts after hotter-than-expected inflation. Brent crude futures settled up 71 cents … Read more
Bajaj Finance raised its fixed deposit (FD) interest rates recently. The NBFC offers interest rate in the range of 7.4 percent to 8.10 percent. When tenure is between 12-14 months, the annual interest is 7.40 percent. Bajaj Finance FDs are rated AAA/Stable financial instruments by Crisil. And when FD tenure is between 15-23 months, the … Read more
Shankar Sharma portfolio: Telecom stock Valiant Communications is in the news these days as the ace investor’s name has appeared in the shareholding pattern of the small-cap company for the January to March 2024 quarter. As per Shankar Sharma’s latest portfolio update, the market magnate has picked Valiant Communications shares during the recently ended March … Read more
What is Portfolio Diversification? Portfolio diversification is a crucial concept in finance, epitomised by the adage “Don’t Put All Your Eggs in One Basket.” This principle underscores the importance of spreading investments across various asset classes to mitigate risk. By diversifying across equities, commodities, currencies, and bonds, investors can shield themselves from unforeseen market movements, … Read more
Modi is likely to spend heavily on manufacturing and infrastructure should he win, continuing a strategy that wooed money managers during his decade in power. The stock market has rallied to successive records, while India’s imminent inclusion in a major global bond index is expected to lure billions of dollars in inflows. A “pro-growth, pro-market … Read more
Regardless of Reserve Bank of India (RBI) keeping its repo rate constant at 6.5 per cent, Bank of Baroda raised its MCLR across four tenors by 5 basis points with effect from today i.e., April 12, 2024. Bank of Baroda’s base rate is now 9.40 percent with effect from Friday. Additionally, BPLR for all the existing accounts … Read more
(Bloomberg) — United States Steel Corp. shareholders voted in favor of a $14.1 billion takeover offer by Nippon Steel Corp., leaving the fate of the deal for the iconic American steelmaker to the realm of US regulators and politics. Investors of US Steel approved the Japanese steelmaker’s $55-a-share offer at a special shareholders’ vote Friday … Read more
