In line with the undeniable and imperative need to fuel sustainable growth recovery for an economy that is emerging from a pandemic ridden year, the Union Budget placed duly warranted importance on […]
Union Budget FY2021-22: Growth Booster Shot for the Economy
Highlights of Union Budget 2021-22
General First digital Budget in the history of India Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 64,180 […]
Changes in Nav applicability rules effective 1st Feb 2021
This is with reference to the SEBI Circular No SEBI/HO/IMD/DF2/CIR/P/2020/175 dated 17.09.2020 regarding Uniformity in applicability of Net Asset Value (NAV) across various schemes upon realization of funds irrespective of the amount […]
RBI keeps rate unchanged, maintains accommodative stance
The RBI kept the repo rate unchanged at 4% for the third time in a row while maintaining its accommodative policy stance. A few key highlights are appended for your ready reference: […]
LIC Jeevan Labh : Plan 936
LIC’s Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of […]
Indices closed at record high
Domestic stock markets started Monday’s session at record highs as Joe Biden’s win in the US presidential election. The BSE Sensex index jumped 704.37 points – or 1.68% – to touch an […]
New Category in MF: Flexi Cap Funds
SEBI has introduced a new category in the MF industry – Flexi Cap funds. Flexi Cap Funds will be in line with erstwhile multi cap funds where fund manager can take equity […]
Restoration of normal cut off timings for Mutual Fund transactions
Pursuant to communication received from SEBI vide its letter dated November 6, 2020, the cut off timing for subscription and redemption for all schemes of the Fund will be restored in accordance […]
How to use WhatsApp’s payments service
WhatsApp has launched its payments service in India after receiving a nod from the National Payments Corporation of India (NPCI). The Facebook-owned company has now been allowed to roll out its payments […]
Sanchayika Day : 15 September
Sanchayika Day or the school banking day is celebrated in India every 15th of September each year. This day aims to promote the habit of saving money among students. Sanchayika Day is used […]
