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HDFC MF announces discontinuation of lumpsum subscription, restrictions on Systematic Transactions in NIFTY Realty Index Fund

HDFC MF announced that fresh lumpsum investments (including additional purchases and switch-ins) will be discontinued. The fresh systematic transactions registrations such as SIPs (including SIP Top up), STPs (into the scheme) etc. shall be registered only under monthly frequency for…

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Mahindra Manulife Mutual Fund files draft document for Build India Fund

The investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies engaged in manufacturing and infrastructure themes.

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Chennai lakes contaminated with ‘Forever Chemicals’ linked to cancer and liver damage

Chennai lakes show alarming PFAS levels 19,400 times higher than EPA safety limits. Contamination extends to Adyar, Buckingham Canal. Urgent intervention needed to address hazardous ‘forever chemicals’ in water sources.

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Rupee ends at record closing low pressured by Asia FX, oil companies#39; dollar buys

Most Asian currencies fell with the Thai baht down 0.3% and leading losses, while the offshore Chinese yuan also weakened 0.1% to 7.26.

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Steven Spielberg, Taylor Swift, Oprah, Rihanna, Jay-Z among Forbes celebrity billionaires 2024

Forbes said the richest celebrity billionaires are worth a collective $31 billion. Here#39;s a handful of filmmakers, TV personas and singers who grabbed top spots.

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How influencer marketing has upended India Inc’s sales pitch and advertising spends by drawing big money

Influencer marketing is expected to grow by 25% in 2024, reaching ₹2,344 crore and rising to ₹3,375 crore by 2026, as per the report. The report was “based on an EY survey of 2,053 respondents, including 86 brands, 556 creators,…

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  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

  • PPF withdrawal before 15 years: When can you withdraw early and is there a penalty?

    To access funds from a PPF account before maturity, account holders can make partial withdrawals or close the account early under specific conditions after five years. Here's all you need to know about the withdrawal rules.

  • Gold vs Nifty 50: Which investment created more wealth over the past 10 years?

    The analysis shows gold has significantly outperformed the Nifty 50 over the short term, particularly in the last one to five years. Over 10 years, both gold and the Nifty 50 have delivered broadly similar long-term returns.

  • International travellers: Compare options before your next foreign trip to save up to 12% on card charges and fees

    Planning an international trip? Choosing the right card can save you up to 12% in associated fees and charges on every international transaction and ATM cash advance cost when travelling abroad. Here's how…

  • How much should a 30-year-old invest monthly to retire comfortably? Expert guides

    Start planning today for a secure tomorrow with smart retirement investments. This article explains how much a 30-year-old should invest monthly, covering inflation, SIP planning, and retirement corpus goals for a comfortable future.

  • Nifty Auto Index explained: Meaning, top constituents, investment options, benefits, and key risks

    Nifty Auto Index is a sectoral stock market index that tracks the performance of India's automobile industry by comprising 15 actively traded and NSE-listed companies. One of the simplest ways to get exposure to the Nifty Auto Index is through index funds and ETFs. 

  • As SpaceX joins Nasdaq 100 on July 7, Indians can now invest in the stock through these mutual funds

    SpaceX will join the Nasdaq 100 on July 7, prompting passive investments expected to reach $4.3 billion. Indian investors can access SpaceX indirectly via mutual funds tracking the index, gaining a small stake alongside leading tech firms like Apple and Microsoft.

  • Which city could become the next Bengaluru? Hyderabad, Pune and 4 others make ANAROCK's list

    Bengaluru, India's IT hub, faces competition from cities like Hyderabad and Pune, which are experiencing rapid growth in residential and commercial real estate. 

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