Foreign investors aggressively sold financial services stocks in the second half of April, with around Rs 12,550 crore offloaded by FIIs, following a Rs 3,212 crore purchase earlier in the month.
This surge in selling was triggered by a decline in Kotak Mahindra Bank's shares, said analysts. In March...
The National Pension System (NPS) is a government-sponsored retirement savings scheme in India, designed to provide financial security during old age. Launched in 2004, it aims to encourage systematic savings among citizens and offers attractive tax benefits.
NPS operates on a defined contribution ba...
When you purchase health insurance, you're investing in a safeguard for your well-being and financial security. The benefits of health insurance extend far beyond just covering medical expenses; they encompass a wide array of advantages that can positively impact your life.
First and foremost, health...
Acquiring a home loan presents a multitude of advantages for aspiring homeowners. Firstly, it facilitates the purchase of property by providing access to substantial funds, eliminating the need for immediate full payment. Additionally, home loans typically offer competitive interest rates, enhancing...
PPF (Public Provident Fund):
* Investments in PPF are eligible for tax deductions under Section 80C of the Income Tax Act.*Contributions made towards PPF can be claimed as deductions from taxable income, up to a maximum limit of ₹1.5 lakh per financial year.*Additionally, the interest earned on PPF i...
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