Finance

Planning to take a home loan? Here’s a checklist for you

When you plan to go for a home loan, don’t look at interest rate in isolation. Besides interest rate, check for processing charges and other costs too. Photo: iStockphoto Home loans are usually one of the only big ticket loans an individual takes. As the amount is huge, it is important that you opt for the right one. Types of ... Read More »

Still interested in gold investments? Here’s how to go about it

Gold investments fetch just 5-6% returns, which are not much compared to 10-12% returns investors get in the equity and real estate markets. Photo: Pradeep Gaur/Mint India no longer seems to be a gold-obsessed country. This year, total gold demand in January-March 2018 fell by 12% in volume and 8% in value, according to data released by World Gold Council ... Read More »

A guide to buying health insurance plan

A health plan that matches 85-90% of your requirements is better than missing out on it. Photo: iStockphoto A few months ago, I got a frantic call from a friend who wanted me to “quickly” recommend a good health insurance plan, as she wanted to urgently furnish tax deduction proofs to her employer. She didn’t have the time to research ... Read More »

Buy Dewan Housing Finance; target of Rs 726: Edelweiss

Dewan Housing Finance (DHFL) ended FY18 on a positive note. AUM gathered significant momentum—rose >30% (average 20% growth over the past two years)—on the back of robust >80% YoY disbursement growth in Q4FY18. This, along with stable NIMs at 3.03%, supported revenue growth and asset quality also remained stable (GNPLs at 96bps) with coverage of 110% (105% in FY17). However, ... Read More »

Nykaa, Aye Finance raise funding; ecommerce to see higher cross-border data transfer

The Walmart-Flipkart deal, the biggest in India’s ecommerce sector so far, has thrown up a few pertinent questions on data and the privacy of around 100 million Indian online shoppers. With the two large e-tailers Amazon and Flipkart controlling a whopping 75 percent of the market, the data of a significant number of shoppers will now be subject to cross-border ... Read More »

Home finance cost on the rise: What should homebuyers do?

The impact of the hike on customers depends on whether the loan is benchmarked against the base rate of MCLR. Most of the banks in India recently hiked their Marginal Cost of Lending Rates (MCLR) by 5-10 basis points. And with the banks stepping up their MCLR, housing finance institutes are also following suit. It is although not yet clear ... Read More »

3 Tips for Finding Affordable Car Insurance

Car insurance is a necessity in California. You should focus on finding a policy that will provide you with the coverage you need without spending too much on the premiums. When you’re looking for affordable car insurance Sacramento insurance agents provide a few tips to help you save money. Look for a Safe Car One of the best things that ... Read More »

Where you have more chances to earn money: Forex or Binary Options?

If you are a beginner investor who is wondering you have the chances of making the most profit, this article will come as a handy guide to help you decide which trade instrument you should use. Binary Options investments are pretty new while the forex trading has been in existence since the origin of money. The forex markets are much ... Read More »

I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

The income taxdepartment on Thursday released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate assets for payment of dues. The department issued an advertisement as part of its name and shame defaulters policy in leading national dailies titled ‘List ... Read More »

Snap lays off 100 employees in latest round of downsizing

Snap Inc. is cutting another set of employees, focusing this time on the advertising side of the business after earlier trimming staff in engineering and content. The cuts total around 100 workers, according to people familiar with the matter, and represent the final step in a restructuring process set in motion in the fourth quarter. The people didn’t want to be identified ... Read More »