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India’s tech start-up ecosystem secures $7.6 billion in funding in Jan-Sept, sees surge in unicorns and IPOs

India’s Tech Start-Up Ecosystem Secures $7.6 Billion in Funding in Jan-Sept: Surge in Unicorns and IPOs India’s tech start-up ecosystem continues to flourish, capturing the global spotlight as one of the most vibrant and fastest-growing in the world. Between January…

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S&P Global retains India’s GDP forecast at 6.8%, expects policy rate cut next month

S&P Global Retains India’s GDP Forecast at 6.8%, Expects Policy Rate Cut: What It Means for India’s Economic Landscape In a recent update, S&P Global Ratings has retained India’s GDP growth forecast at a robust 6.8% for the fiscal year…

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How AI Can Help Boost India’s GDP by $500 Billion by 2025

How AI Can Help Boost India’s GDP by $500 Billion by 2025 Artificial Intelligence (AI) is not just the future; it’s rapidly becoming the present across various sectors of the global economy. For a developing economy like India, AI presents…

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LIC MF to reduce minimum SIP level to ₹100 a day

LIC MF to Reduce Minimum SIP Level to ₹100 a Day: A Gateway to Easy and Affordable Investments In a move aimed at making investing more accessible to the masses, LIC Mutual Fund (LIC MF) has announced a reduction in…

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Can agricultural waste be transformed into biofuels for sustainability?

Can Agricultural Waste Be Transformed into Biofuels for Sustainability? Agricultural waste is often viewed as a by-product of farming that has little value beyond being discarded or burned. However, with growing concerns around environmental sustainability and the need to transition…

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Nifty, Sensex to Sustain Positive Momentum: An In-Depth Analysis

Nifty, Sensex to Sustain Positive Momentum: An In-Depth Analysis India’s stock markets, represented by the Nifty 50 and BSE Sensex, have historically been indicators of the economy’s growth prospects and investor sentiment. Both indices have delivered robust performances in recent…

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  • 8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?

    8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process…

  • Bank deposit risk explained: What happens to your money if a lender fails to return it?

    Bank deposits are generally safe, but in case of bank failure, only ₹5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here. 

  • Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared

    Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

  • Sovereign Gold Bonds: RBI announces redemption price for 2018 series payable on 4 May; here's how much you gain

    The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of ₹3,114 per unit.

  • Income tax: How much cash can you deposit to prepay home loan principal without attracting I-T notice?

    Income tax rules discourage cash transactions, limiting annual deposits to ₹10 lakh. Experts recommend using savings accounts for cash deposits

  • How to claim stuck NPS funds with interest? Step-by-step guide for subscribers

    Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

  • Family floater vs separate policy: What’s best health insurance policy for your elderly parents?

    Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size 

  • PPF maturity rules: What investors should do when their account matures?

    As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.

  • Estate planning: How is father’s property divided among sons and daughters? Can a sister claim her brother’s property?

    A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.

  • Why has my ₹90 lakh home loan's principal reduced by only ₹6 lakh despite paying 60 EMIs? I asked ChatGPT

    I asked ChatGPT why the principal of my ₹90 lakh home loan hasn't decreased much despite paying off ₹45 lakh via 60 EMIs. Here is what AI said.

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