Investment Biker
India’s Finance Minister Nirmala Sitharaman has eliminated the tax advantage that debt mutual funds have over bank fixed deposits (FDs) starting next financial year. This change in the Finance Bill 2023 has […]
The Department of Telecommunications (DoT) manages the Central Equipment Identity Registry (CEIR), a centralized system designed to reduce the counterfeit mobile phone market in India. The platform is now available in all […]
SEBI has urged mutual fund investors to link their Aadhaar and PAN by March 31, 2023, to avoid disruptions in all capital market transactions, including mutual fund transactions. According to SEBI, under […]
Starting next month, mutual funds will deposit the redemption amount from equity schemes in investors’ bank accounts within three days of the transaction. The Association of Mutual Funds in India (Amfi) announced on Friday that the […]
Investing in mutual funds through the systematic investment plan (SIP) mode can be a smart and easy way to grow your money over time. Here’s why: First, SIP allows you to invest […]
KYC mandatory for buying insurance policies If you wish to buy a health, travel or motor insurance policy post January 1, you will have to mandatorily complete the know-your-customer (KYC) process, as […]
The MF AUM has crossed Rs.40 lakh crore for the time to reach AUM of Rs.40.49 lakh crore in November 2022. Further, the SIP inflows and total folio count also remained at […]
Sensex snaps 8-session rally, ends 416 points lower; Nifty below 18,700; Paytm jumps 8%, Adani Transmission tanks 3% Bears remained at the helm throughout the day as the benchmark index couldn’t pare […]
Sensex ends above 63K for the first time; Nifty tops 18,700 Indian shares have been driven by growing domestic equity fund inflows from a relatively young population keen to take risks. Twinned […]
Stock Market Live Updates: Indian stocks logged record highs yet again on Tuesday, aided by an uptick in fast-moving consumer goods (FMCG) and metal stocks, tracking Asian peers that rebounded after China’s […]
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