Wall Street veteran Vivian Tu urges investors weighed down by high-interest credit card debt to prioritise repayment before entering the stock market, highlighting the higher cost of borrowing relative to recent market gains. Vivian Tu says investors should not rush…
A monthly systematic investment plan of Rs 20,000, compounded at 12% annually over 21 years, can potentially grow into a corpus of over Rs 2 crore, highlighting the power of disciplined investing and long-term horizon, according to Zee Business. A…
As students start university, the most valuable lesson may be how to manage their finances effectively, helping them avoid debt and make the most of their funds. Parents sending children off to university are usually focused on practicalities such as…
Punjab National Bank has inked a three-year agreement with GYFTR Limited to create a branded digital platform offering lifestyle benefits and merchant tie-ups for select credit cardholders, enhancing customer engagement and digital experience. Punjab National Bank has signed a three-year…
Paytm is launching Cash Flow Guardian, an AI-driven tool designed to help small firms anticipate cash shortages and plan accordingly by analysing payment data and transaction patterns, marking a shift towards proactive liquidity management within payment platforms. Paytm is pitching…
New insights suggest that retirees need tailored emergency reserves based on individual expenses and risks, rather than standard guidelines, to safeguard their financial stability in later life. Retirement does not end the need for cash on hand; it changes what…
Whether it’s marriage, divorce, a new job or family shifts, staying on top of your financial plan through regular reviews ensures it adapts to your evolving circumstances and goals, preventing costly mistakes. A financial plan is not something to write…
Data shows a rise in household deposits below Rp100 million, with savers exploring alternative investment options like money market funds and government bonds amid growing safety concerns and market improvements. Indonesia’s savers appear to be keeping more cash in banks,…
A promoter’s pre-IPO share transfer has raised questions about fairness in private deals, amid NSE’s rollout of shorter-term securities lending contracts and new secure payment practices, signalling shifts in market transparency and efficiency. A pre-IPO transfer of shares by a…
In July, mutual funds increased holdings in small and mid-cap stocks, with Biocon and PB Fintech leading the charge, as the healthcare sector outperformed broader markets amid sustained growth and investor interest in defensive sectors. Mutual funds increased their exposure…
