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?

Top-seeded American Emma Navarro delivered a flawless performance to clinch the WTA Merida Open title, securing a commanding 6-0, 6-0 victory over Colombian qualifier Emiliana Arango in the final. The dominant win marked Navarro’s second WTA title and her first-ever 500-level championship, achieved without dropping a single set throughout the tournament.Navarro’s victory set a new milestone in WTA history, making her the first player to win a final 6-0, 6-0 since Iga Swiatek defea

Choosing between a fixed and floating interest rate for a home loan is a crucial financial decision. Both options come with advantages and risks, and selecting the best one depends on your financial goals, market trends, and risk appetite. A fixed rate offers stability, while a floating rate provides flexibility and potential savings. Understanding the differences between these loan types will help you make an informed decision based on your repayment capacity and future market expectations.

Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo

On Tuesday, Andhra Pradesh Chief Minister N Chandrababu Naidu introduced a significant initiative under the state's Information Technology (IT) and Global Capability Centers (GCCs) Policy 4.0, with plans to implement work from home (WFH) options on a large scale. This announcement coincided with the ongoing discussions about the 90-hour workweek and aims to offer more flexibility to professionals, especially women, in the workforce.   Sharing his vision on social med

Vijay Mallya, the fugitive liquor baron, has approached the Karnataka High Court, claiming that banks have recovered the "principal debt amount multiple times over" in the Kingfisher Airlines loan default case. In his petition, Mallya has sought directions from the banks to provide a statement of the recovered amount.Justice R Devdas issued notices to 10 banks, including State Bank of India (SBI) and Punjab National Bank (PNB), a recovery official, and an asset reconstruction compan

Assess Your Financial Needs: Before applying for a personal loan, take time to evaluate how much you truly need. Borrowing more than necessary can stretch your finances, while borrowing too little might leave you short of funds. Carefully analyze your expenses, create a budget, and determine the exact amount required. This ensures you borrow responsibly and avoid o

Karnataka’s Home Minister G Parameshwara has confirmed that a meeting will be held on Wednesday to finalize the draft ordinance designed to protect borrowers from microfinance companies operating in the state. Once the draft is ready, it will be presented to the cabinet on Thursday and sent for approval to Governor Thaawarchand Gehlot. The ordinance aims to curb the menace caused by microfinance companies, which have been allegedly using aggressive and unethical methods to rec

Virat Kohli, the star India cricketer, made his return to Mumbai after a brief stay at his Alibaug holiday home, which was recently in the news for its luxurious features and stunning design. The 8-acre property, built on a plot Kohli and his wife, Bollywood actress Anushka Sharma, purchased for Rs 19 crore in 2022, spans an impressive 10,000 square feet and is replete with world-class amenities such as a temperature-controlled pool, jacuzzi, and a bespoke kitchen. The villa was designed by t

Introduction of Samsung’s AI Home Suite at CES 2025: Samsung presented a new suite of artificial intelligence (AI) features for its smart home appliances at the Consumer Electronics Show (CES) 2025. The company emphasized its “AI for All” vision, aiming to make AI an integral part of everyday life, available everywhere and for everyone. This new approach introduces the concept of Home

Apple is reportedly developing a new smart doorbell camera with advanced features, including Face ID for unlocking doors. According to Bloomberg's Mark Gurman, the doorbell could be released by the end of next year. The device is expected to function similarly to an iPhone, where the door automatically unlocks when you look at the camera, thanks to the integration of Apple’s Secure Enclave chip. The new smart doorbell will compete with Amazon's Ring and will work seaml

A Chinese court has ruled that Li, a man involved in a complicated breakup, is not required to return a 300,000 Yuan (₹3.2 crore) gift given to him by his ex-girlfriend, Xu. The unusual legal case, which has gained significant attention, centers on the couple's tumultuous relationship. Li and Xu had been in a stable relationship since 2018 until 2020, when Li discovered that Xu had an affair with his nephew. The revelation led to a breakup, but Xu later transferred a large sum of money

The government of Andhra Pradesh, under the leadership of the NDA camp, is addressing pressing issues left by the previous administration, including the growing loan app culture. These loan apps are increasingly becoming a threat to the public, with many individuals falling victim to their deceptive practices. In a significant statement in the Assembly, Home Minister Anitha spoke out about the severe consequences of loan apps, which initially attract users by offering easy loans wit

Jana Sena Party president and Andhra Pradesh deputy chief minister Pawan Kalyan recently launched a scathing attack on his cabinet colleague, home minister Vangalapudi Anitha, over the functioning of the police department. This move has sparked debate among analysts, who believe that Kalyan may have overstepped his boundaries as an alliance partner. While Kalyan's concerns about the breakdown of law and order and atrocities against women are valid, some analysts argue that he should have

Urbanization and severe traffic congestion have already contributed to poor air quality in Hyderabad, but the situation has worsened dramatically this Diwali season. The widespread use of firecrackers has led to a significant spike in air pollution, with particulate matter (PM) levels reaching alarming figures. Emissions from firecrackers have caused PM 2.5 and PM 10 concentrations to soar, elevating the air quality index to hazardous levels. In particular, areas like Kompally and S

In a recent report by the Union Ministry of Statistics, Andhra Pradesh has been highlighted as the state with the highest number of borrowers in India, averaging 60,092 loans per 100,000 individuals during the 2022-23 period. This significant figure places it well ahead of Telangana and Tamil Nadu, which have borrowing rates of 42,407 and 35,703, respectively. The data reveals a slight gender disparity, with men (60,144) slightly outnumbering women (60,043) among those classified as

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

On September 5, 2024, a Central team dispatched by the Ministry of Home Affairs (MoHA) arrived in Vijayawada to conduct a preliminary assessment of the damage caused by the recent floods affecting NTR, Guntur, and Prakasam districts. The team’s mission includes examining the safety of local dams and evaluating the overall impact of the floods on the region. The team will focus on two primary objectives: assessing the structural integrity of dams and quantifying the extent of t

Landscaping design is about creating a functional, aesthetically pleasing outdoor space that enhances the overall appeal and usability of your property. Whether you’re designing a small garden or a large backyard, a well-thought-out landscape can transform your outdoor area into a beautiful and enjoyable space. Here are key principles and ideas to consider for effective landscaping design: 1. Assess Your Space Before sta

Energy-efficient home upgrades not only reduce your utility bills but also increase your home's comfort and contribute to environmental sustainability. Here are some effective upgrades to consider: 1. Insulation and Air Sealing Proper insulation and air sealing are fundamental for energy efficiency. Attic and Wall Insulation: Upgrade attic insulation to prevent heat loss in winter and hea