Author: TI Editor
It could be frustrating to have a low credit score without ever taking a loan, but there are multiple reasons for this to happen, particularly if you are new to credit or have not actively used credit products.Here’s why your score might be low:Reasons for a low credit score without any loanI. No credit history: If you have never taken out a loan or credit card, credit bureaus such as CRIF High Mark would – in all likelihood – have no data to assess your credit score. This could be common among youngsters such as students or those who always pay via cash…
The Supreme Court refused to grant an interim stay on the Dharavi Slum Rehabilitation project being carried out by the Adani Group, as sought by a company that lost out on the contract.A bench led by Chief Justice Sanjiv Khanna heard a plea filed by Dubai-based Seclink Technology Corporation, challenging the award of the project to Adani. However, the court agreed on Friday to examine Seclink’s petition and issued notices to the Maharashtra government and the Adani Group.The top court refused to halt the ongoing work at the project site after senior advocate Mukul Rohatgi, representing the Adani Group, said…
Amid Canadian citizens’ calls to revoke Elon Musk’s citizenship of the country, a report highlighted that Tesla continues to solidify its business there. The report prompted a witty reaction from Paytm founder Vijay Shekhar Sharma, who said that Canada ‘loves’ the Tesla boss.“Canada loves Musk,” Sharma said in a three-word post on X, sharing another post that details Tesla’s growing business in the Justin Trudeau-led country.The post, which Sharma shared, mentions that Tesla sold 8,600 units of its electric vehicles in just 72 hours.Elon Musk is the CEO of Tesla.“Records from Transport Canada reveal that in just 72 hours, four…
If you are a new investor and exploring new schemes to invest, there are multiple options to choose from. From large cap funds to value funds and ELSS to thematic funds – there are options galore. There is no denying the fact that each category has its own set of advantages and characteristics. Here, we list out the key advantages of investing in dividend yield funds.It is an interesting category for those investors who want to earn a regular income on their investment. What are dividend yield funds?Dividend yield funds refer to mutual funds that invest predominantly in dividend-yielding stocks, with…
Average salary hikes in Indian companies are projected to come down to 8.8 per cent in 2025, as compared to 9 per cent in 2024 amid companies trying to navigate global and local headwinds.As per a survey conducted by Deloitte, there is a “clear focus” on optimising compensation cost budgets in 2025, which is likely to result in lower salary hikes.This average India increment is expected to be the lowest in a decade, excluding 2020–2021, the audit firm said.The Deloitte India Talent Outlook 2025 survey shows that 75 per cent of companies will either reduce or keep their pay increases…
In today’s consumer-driven world, buying electronic gadgets and more has become much easier with attractive EMI (Equated Monthly Instalment) options. EMI options have given consumers the flexibility to make high-value purchases without immediate full payment, enabling better financial management. Among the various EMI options available, no-cost EMI stands out as an attractive choice for many.What is no-cost EMI?No-cost EMI (Equated Monthly Instalments) is a payment option where the buyer can purchase a product or service and pay for it in equal monthly installments without incurring any interest charges. But can it help you build your credit history and enhance your…
If you frequently travel abroad to different countries, having a forex card in the wallet can be quite useful. HDFC Bank offers various forex cards under the HDFC Bank ForexPlus cards range. Currently, HDFC Bank is running a limited-time offer that gives 5X reward points on loading or reloading the ForexPlus cards with specified credit cards. In this article, we will discuss the details of this offer and whether one should avail it.What are the HDFC Bank ForexPlus cards?The HDFC Bank ForexPlus cards offer a safe and easy way to carry foreign currency on your international trip. Spending abroad through…
Q. My wife and I have been investing in an equity mutual fund for the past 7 years. We now intend to diversify. Many of our acquaintances have suggested that we invest in the hybrid mutual funds category. Can you please elaborate on multi-asset allocation funds, the pros and cons of investing in them and how multi-asset allocation funds are different from equity mutual funds.Vikrant Sharma, New DelhiWhat are multi-asset allocation funds?Multi-asset allocation funds are hybrid mutual funds that invest in at least three different asset classes, with a minimum allocation of 10% in each asset class. Typically multi-asset allocation…
RPG Group Chairman Harsh Goenka expressed gratitude to JSW Steel Managing Director Sajjan Jindal for praising his son Anant Goenka.Jindal said Harsh Goenka’s son, Anant Goenka, is ‘smarter’ than his father while highlighting the exceptional performance of the next generation of business leaders.“To a point, Harsh Goenka’s son is smarter than Harsh Goenka, and he’s doing an extremely good job,” Jindal stated at the EY Entrepreneur of the Year awards programme. He also praised Uday Kotak’s son, Jay Kotak and said, “Jay is extremely smart, working in the bank, and doing extremely well.”Goenka shared a clip of Jindal’s statement on…
Gensol Engineering Ltd on Friday announced that it had re-appointed Jabirmahendi Aga as its new Chief Financial Officer (CFO), effective immediately.Aga will replace Ankit Jain, who has decided to pursue other opportunities, the company said in an investor release available on stock exchanges.Shares of Gensol Engineering Ltd slipped following the announcement on Friday, opening at its intraday low of ₹307.25 apiece on the NSE. This marks the 10th consecutive session for the stock being in red, despite it gained in early trade. At 10:50 am, Gensol Engineering stock was down 3.18 per cent at ₹324.15 per share.Who is Jabirmahendi Aga?Jabirmahendi…