Author: TI Editor
Amidst global economic uncertainties and fluctuating equity markets, fixed-income instruments are experiencing a surge in popularity among retail investors in India. From corporate bonds and G-Secs to Non-Convertible Debt (NCD) IPOs and NBFC Fixed Deposits, investors increasingly allocate 15% to 20% of their portfolios to these stable assets.Experts like Abhijit Roy, CEO of GoldenPi, highlight the accessibility and potential returns of secondary market bonds and NCD IPOs, emphasising the importance of due diligence and understanding associated risks. With regulatory reforms enhancing the safety and affordability of corporate bonds and the availability of G-Secs to retail investors, the fixed-income market is…
Credit card users are usually not recommended to keep their card bills outstanding. And when they have a pending bill, they have two options: to pay in full or to only pay the minimum outstanding.When you pay the minimum due, you are meant to pay only 5 percent of the total bill while the remaining can be paid later. The flip side: your interest keeps accumulating. Additionally, the interest that you need to pay accumulates from the date of transaction and not from the last date of bill.Although it is not a recommended plan of action, sometimes credit card users have…
Bhopal (Madhya Pradesh) [India], February 24 (ANI): Switzerland and other European Free Trade Association (EFTA) nations, including Iceland, Liechtenstein, and Norway, are set to invest USD 100 billion in India over the next 15 years, according to Martin U Maier, Consul General of Switzerland in Mumbai. Speaking exclusively to ANI on the sidelines of the Global Investors Summit in Bhopal, Maier highlighted that the commitment is part of the recently signed Trade and Economic Partnership Agreement (TEPA) between India and EFTA nations. One of the key chapters of the agreement outlines this substantial investment aimed at enhancing economic collaboration between…
Do you have a credit card and still failed to get access to your airport lounge then you are not alone? Perhaps you approached the wrong lounge (meant for business class travellers only) or the lounge access has expired, or you were accompanied with more guests than permitted.Overall, there could be several reasons for this. Here we list 8 chief reasons for which the lounge access could be denied despite possessing a credit card which allows airport lounge access.Unable to access the airport lounge? 8 Key ReasonsI. Lounge capacity is full: Many lounges limit Priority Pass or credit card-based access when they…
If you use a credit card and are obsessed with online payments at the same time, you may want to explore UPI credit cards.While UPI allows you to make payments directly via bank account, a credit card helps you make use of credit for carrying out transactions. UPI credit card, therefore, helps you give the best of both worlds where you make instant online payments via digital interface without having to record that transaction in your bank account.This is how it works: If you make a ₹50 payment every day for 30 days, the UPI enables you to transfer those 50 bucks straight…
If you are looking for a personal loan and you have a couple of offers in hand from different banks, it is vital that you opt for the one which suits you the most. For instance, when it comes to the interest rate, you are recommended to opt for the bank which charges a lower rate of interest but make sure to factor in processing charges before zeroing in on the bank.These are some of the key factors that you should consider before you take a final call.Personal loan: Key factors to considerI. Interest rate: At the outset, you should compare the interest…
US space agency, the National Aeronautics and Space Administration (NASA), is preparing to launch its mission moon on February 26. The spacecraft Nova-C lander ‘Athena’ on a SpaceX Falcon 9 rocket is scheduled for a lift-off from Florida’s Kennedy Space Center from Launch Complex 39A.This mission is a part of NASA’s CLPS (Commercial Lunar Payload Services) initiative and Artemis campaign. In a post on X, NASA stated, “To the Moon! On Feb. 26, NASA science and tech are set to launch on @Int_Machines’ Nova-C lander, Athena. Watch live coverage of our second lunar mission with Intuitive Machines here on X.” When…
I have listed shares and fixed deposits with a few banks in my HUF account. I have two sons and a daughter. All are married. After my death, how will the HUF assets be transferred to my son? Or should I dissolve my HUF now and distribute all the assets among my sons?HUF is a distinct legal entity and can own property in its name. Thus, the property held by a HUF does not absolutely belong to you but to all the members of the HUF. Before the Hindu Succession Act, 1956 amendment, in 2005, the daughters were not treated…
Several top-performing large-cap mutual funds in India have demonstrated superior returns compared to their benchmarks, according to Mutual fund body AMFI data from February 21, 2025. Funds like the Nippon India Large Cap Fund, ICICI Prudential Bluechip Fund, and HDFC Large Cap Fund have outperformed indices such as the NIFTY 100 Total Return Index and BSE 100 Total Return Index.Large-cap equity mutual funds that have outperformed their benchmarks over the last five years1)Nippon India Large Cap Fund: 18.84% vs. 15.82% (BSE 100 Total Return Index)2)ICICI Prudential Bluechip Fund: 18.30% vs. 15.03% (NIFTY 100 Total Return Index)3)HDFC Large Cap Fund: 17.28%…
Asteroid 2024 YR4, a large space rock continues to be in the spotlight since being discovered in December last year. Earlier this week, scientists increased the chances of the asteroid striking the earth above the threshold level of one percent but later revised them to as low as 0.28%. Now new predictions of the moon-asteroid collision have surfaced.US space agency NASA in a post on X stated, “New data gathered last night (Feb. 19-20) dropped the December 2032 impact odds of asteroid 2024 YR4 to 0.28%. Monitoring continues.”The city killer asteroid first made headlines after astronomers predicted that it has…