Personal Finance Top Stories

India home to 2,19,000 millionaires: Report

India home to 2,19,000 millionaires, says report [VIDEO]

In the latest Asia-Pacific Wealth Report (APWR) report released by Capgemini, India has been ranked fourth in terms of largest millionaire population.

Nov 8, 2017

Apple's iPhone X as seen on its official website

iPhone X at Rs. 102,000? How about smart money first?

An electronic item is ultimately a depreciating asset, but wealth is created through the purchase of appreciating assets – think of real estate, Mutual Funds, gold, etc.

Sep 19, 2017

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Betting on corporate governance? Go for Bharat 22

Bharat 22 ETF may offer discounts, some tax breaks and loyalty bonuses to lure and compensate investors.

Aug 24, 2017

Banging the buck: Modi govt slashes PPF, NSC rates to 7.8%

The Senior Citizen's Savings Scheme and Sukanya Samriddhi Yojana will now offer 8.3 percent. Both schemes were earlier offering 8.4 percent.

Jul 1, 2017

Buy, buy, baby: RBI's checks can make the banks bounce

Guidelines on third party product sales from the banking regulator may not really stop banks from mis-selling.

Jun 29, 2017

The Hurting Locker: Trust and liability are gone with the RBI wind

Are banks saying that they don't care for lost or stolen goods from their lockers, but will still charge customers for taking the risk?

Jun 26, 2017

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UTI Equity Fund completes 25 years of wealth creation and prosperity, declares tax-free dividend of 28%

The scheme has a proven track record for 25 years and has paid out total dividend of Rs.798 crore during the past 25 years.

Jun 19, 2017

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Low bank deposit rates push retail investors to liquid funds

In 2016-17, retail portion of AUMs of liquid funds rose 42 percent to Rs 5,800 crore from Rs 4,100 crore in the preceding fiscal, says Cafemutual.

May 27, 2017

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Bitcoin's murkier rivals line up to displace it as cybercriminals' favourite

Bitcoin addresses are anonymous, but users can be traced through IP addresses or by analysing money flows.

May 19, 2017

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Reliance Growth Fund says Rs 1 lakh grows to Rs 1 crore in 22 years

In a comparison to drive home its success, Reliance Growth Fund says Rs 1 lakh invested in the scheme in 1995 is worth Rs 1 crore now.

May 10, 2017

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Closing your car loan? Don't make these mistakes

It's not just payment of the last EMI, make sure you complete the formalities to bring a closure to your car loan.

May 10, 2017

Mutual funds hit a new high in April; investments in equity schemes more than double

Assets under management (AUMs) of India's 42 mutual funds rose to Rs 19.26 lakh crore as of April 30 from Rs 17.55 lakh crore a month earlier.

May 8, 2017

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Mutual fund investments in stocks more than double in April

Net inflows into equities by mutual funds rose to Rs 9,918 crore in April from Rs 4,191 crore in March.

May 8, 2017

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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

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Kajal Aggarwal makes interesting comments on 'overexposure'; MF investors would agree

Data released by Amfi reveals retail investors are exercising caution when it comes to equity MFs; actress Kajal Aggarwal talks of "overexposure", though in a different context.

Mar 21, 2017

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