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Home loans are a type of mortgage loan that allows individuals to purchase or refinance a home. They provide a convenient and affordable way to finance the cost of purchasing or upgrading a property. This type of loan is available from a variety of lenders, including banks, credit unions, and other financial institutions. Here are …
Although mutual funds are seen as a way to build wealth, many investors don’t have the patience to stick with them for the long haul. According to experts, this is one of the main reasons why the returns you get on your hand are so much lower than the amount stated in your fund’s fact …
Some of us tend to compare our career scripts to that of previous generations. We only see the difference in salary level, not knowing that Rs 100 in the 1960s is Rs 8,858 in 2022! (This assumes an inflation rate of 7.5%). Therefore, using the same old scale to measure the success or effectiveness of …
Total public debt, measured as debt to government gross domestic product (GDP), is expected to remain high at 30-31% in the current fiscal year 2022-23, about the same as the previous fiscal year at around 31, 5 %. said the largest national rating agency CRISIL in its report published on November 10. Additionally, the report …
Last week, when inaugurating a new aircraft factory in western India, Prime Minister Narendra Modi resorted to a slogan he coined just months after taking office in 2014: “Make in India.” This time, however, he added: “Do it for the world.” This is not the first time Modi has pointed out that India needs to …
India’s headline retail inflation rate fell to a three-month low of 6.77% in October from 7.41% in previous months with a favorable base effect, data from the Ministry of Statistics and Program Implementation showed on 14 of November. At 6.77%, the latest Consumer Price Index (CPI) inflation reading is broadly in line with expectations. According …
The Insurance Regulatory and Development Authority of India (Irdai) is actively considering giving policyholders the flexibility to change agents at any time during the policy term, as long as the policy term is 20 years or less. . Customers should use this privilege to only connect with agents who build lasting relationships. For now, insurers …
Federal Bank credit card holders now benefit from a group credit protection facility that offers life insurance for a credit limit of up to a maximum of Rs 3 lakh. The Federal Bank has partnered with Ageas Federal Life Insurance to make this offer available to its credit card users. In a statement, the Federal …