A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth.   What is a Loan Against Mutual Funds?

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

The Employees’ Provident Fund Organisation (EPFO) is set to introduce a major digital upgrade by allowing employees to withdraw their provident fund (EPF) claims using the Unified Payment Interface (UPI). This move is part of the Indian government’s broader initiative to enhance digital financial transactions and streamline fund disbursements for millions of subscribers. The feature is expected to launch in the next two to three months as EPFO collaborates with the National Paymen

 This Valentine’s Day, as prospective brides and grooms prepare to unite their lives, discussing financial goals and aspirations is crucial for setting a solid foundation for a healthy marriage. Honest conversations about money help align values, reduce the chances of future conflicts, and create a framework for long-term financial success. Couples should focus on shared goals such as saving for emergency funds, planning for home buying, setting a budget for yearly expenses, and ad

Sri Lanka’s cricket team pulled off a stunning 174-run win over Australia in the second and final ODI in Colombo, securing a series sweep with a 2-0 victory. Australia, chasing 282, were bowled out for a paltry 107, their lowest-ever total in Asia. The collapse was dramatic, as they lost their final seven wickets for just 28 runs.   Australia made several changes in their lineup, experimenting ahead of next week’s Champions Trophy. Despite using a variety of

Chief Minister N. Chandrababu Naidu introduced a performance ranking system for his Cabinet colleagues, evaluating their efficiency in clearing files from June 12 to December 2024. The ranking aimed to ensure prompt decision-making and greater accountability within the government.In this ranking, Farooq, the Minister for Minorities, emerged as the top performer, highlighting his efficiency in clearing files. The ranking system also shed light on areas where ministers could improve, with Vasam

Abhishek Sharma’s stellar performance in India’s 4-1 series win over England has earned him a major rise in the ICC Men’s T20I Player Rankings. After smashing a quick-fire 135 off 54 balls in the fifth T20I in Mumbai, which included 13 sixes and became the highest score by an Indian in T20 cricket, Abhishek jumped 38 places to claim the second spot. He now trails only Australia’s Travis Head, who continues to lead the T20I batter’s rankings, with Abhishek just 26

Varun Chakravarthy's Rise in ICC T20I Rankings: India's mystery spinner, Varun Chakravarthy, has made a remarkable climb in the ICC Men's T20I Bowling Rankings, jumping 25 places to secure the fifth position. His performance in the ongoing five-match series against England, particularly his standout five-wicket haul in Rajkot during the third T20I, has caught the attention o

A recent report by global analytics firm FICO has highlighted the increasing threat of scams in India's real-time payments (RTP) ecosystem. According to the survey, over one-third (34%) of respondents have lost money to scams, paying for goods, services, or investments that were never delivered. The report further reveals that 60% of respondents have received messages from scammers, and 54% reported that friends or family members have been scammed. Despite fewer people reporting

With the Modi government set to present its second full budget for the third term in power, the middle and lower-income groups across India are hopeful for key reforms that could alleviate their financial burdens. The anticipated reforms in Budget 2025 include tax relief measures, simplification of income tax laws, and a focus on financial literacy, insurance, and retirement savings. Key Expectations from Budget 2025 Insurance Sector Reforms:

Jasprit Bumrah has maintained his position as the undisputed No. 1 Test bowler in the latest ICC rankings, while Ravindra Jadeja continues to dominate the all-rounders' category. Bumrah, who made history earlier in January by achieving the highest-ever ICC Rankings rating for an Indian bowler at 907 points, has now reached a career-best 908 points. Australia's Pat Cummins (841) and South Africa's Kagiso Rabada (837) occupy the second and third spots respectively, while P

India’s Smriti Mandhana has risen to second place in the ICC Women's ODI Batting Rankings after a remarkable series against Ireland, where she scored 135 in the third ODI and contributed with 41 and 73 runs in the first two matches. With 738 points, Mandhana is now only behind South Africa's Laura Wolvaardt, who leads the rankings with 773 points. Sri Lanka’s Chamari Athapaththu follows in third with 733 points. Mandhana is currently the only Indian player in the top 10 of

Retirement Planning: More Than Just Accumulating Wealth Retirement isn’t just about saving money, but ensuring it lasts through the years, considering inflation, medical expenses, and market fluctuations. A 2024 survey revealed that 68% of Indians aged 45-60 feel financially unprepared for retirement. The key to a secure retirement lies in managing investments wisely. The Reality of Retirement in India A large number of retirees

The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Indian cricket stars Virat Kohli and Rohit Sharma have seen a significant drop in the latest ICC Test batting rankings following India's heavy 10-wicket loss to Australia in the Adelaide pink-ball Test. Kohli dropped six spots, now sitting at No. 20, while Rohit fell out of the top 30, currently ranking 31st after losing five places. Kohli, who had regained form with a century in the Perth Test, struggled in Adelaide, scoring just 7 and 11. Similarly, Rohit, who had been ranked No. 6, cou

Kerala Chief Minister Pinarayi Vijayan has criticized the Union Government for delaying financial assistance to Wayanad, which was severely affected by landslides in July. Nearly 400 people were killed in the disaster, and despite 100 days passing since Prime Minister Narendra Modi’s visit to the affected villages, the state has not received any financial aid for rehabilitation. The Centre has been swift in helping other disaster-hit states, but Kerala’s requests for aid have been

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical