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New limits for international mutual funds based on redemption - (A)

As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …

Eyeing for an international scholarship - This how you can maximize your chances - (A)

For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …

Ways to shorten your home loan approval time - (A)

If you want to buy a home, the lengthy approval process can seem daunting. Even in today’s digital age, home loan applications require a lot of paperwork to be submitted and reviewed by the lender. Because let’s face it, the housing market is tough for just about everyone and no one wants to wait weeks, …

Seven common mistakes people make when planning for health insurance - (A)

Company health policy is sufficient, personal policy is not necessary This is one of the most common mistakes we have come across from people who work in the corporate sector: they rely on the group policy offered by their company and do not have personal coverage. They don’t realize two things: First, an office policy …

How safe is it to invest in a recession-hit stock market - (A)

The stock market typically enters a bear phase during a recession (when stocks are falling or are already at their lowest levels). Investors are often reluctant to reinvest in such a market, as the risks of falling share prices keep them further away. To complicate a gloomy situation, a recession has no expiration date: it …

India's Q2 gold demand rises 43% to 170.7 tonnes - WGC - (A) (1)

India’s gold demand surged 43% in the April-June quarter, but factors including inflation, rupee-USD rates, and political action are likely to weigh on consumer sentiment, a report says. According to a World Gold Council (WGC) report, India’s gold demand was 170.7 tonnes in the April-June quarter, compared to 119.6 tonnes in the corresponding quarter of …

Does a rupee travel card work better than a forex card - (A)

In recent years, a forex chart has become a favorite travel companion for many travelers. A forex card is a prepaid debit card loaded with foreign currency. Nowadays, however, some neobanks have started offering global rupee travel cards. It is a new type of card in the highly competitive market of credit, debit, and prepaid …

ITR deposit Four ways to file a tax return - (A)

  There are a few days left to file your income tax return (ITR) for the fiscal year 2021-22 (the appraisal year 2022-23). You have the option of filing yourself or using the services of several experts to calculate your income and tax obligations, prepare the return, and file it. These experts include government-licensed service …

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