LATEST


Moneylife Digital Team 30 September 2022
In this article, we take a look at how small-cap mutual fund (MF) schemes have fared during the past 10 years and give you a shortlist of the best performing schemes. Our research shows that the following five schemes have given highest rolling returns and reported high, positive alpha since...

Read More



Sucheta Dalal Sucheta Dalal 30 September 2022
Now that the Gujarat International Finance Tec-City (GIFT City) is out of the shadows of the beleaguered Infrastructure Leasing and Financial Services (IL&FS), it is finally on its way to achieve a part of the promise showcased at Vibrant Gujarat in 2007, just before the global financial...

Read More



Moneylife Digital Team 30 September 2022
INDIAN MARKET TRENDS From 23rd September to 29 September 2022, ML Large-cap Index fell 2%. The Sensex, the NIFTY and ML Mega-cap Index fell 3% each. ML Mid-cap Index, ML Small-cap Index and ML Micro-cap Index fell 4% each.     FUND FLOWS Foreigners: Foreign...

Read More



Moneylife Digital Team 30 September 2022
Established in 1980, Electronics Mart India Ltd (EMIL) is the fourth largest consumer durables and electronics retailer in India. As of FY20-21, it was the largest regional organised player in the southern India in terms of revenue. Its operations are largely concentrated in the states of...

Read More



Vinita Deshmukh Vinita Deshmukh 30 September 2022
Inward and outward register of the police has records of all communications made and received by the department by post and hand delivery. Citizens, who file grievances in police stations have the right to see the progress of their complaints, which is possible with the open access of these...

Read More



Moneylife Digital Team 30 September 2022
Express operates an asset-light business model with B2B (business-to-business) revenue share of 95%. Micro, small and medium enterprises (MSME) and corporate clients contribute 50:50 revenue share, as of Q1FY22-23. It was demerged from Transport Corporation of India (TCI) in 2016 and listed...

Read More



Moneylife Digital Team 30 September 2022
After maintaining the status quo for small savings rates for 27 months (nine quarters), the finance ministry has hiked interest rates on some of the small savings schemes for October-December.   Interest rates were marginally hiked for 2-year and 3-year time deposits, senior citizens...

Read More



Moneylife Digital Team 30 September 2022
We had mentioned in previous week’s closing report that Nifty, Sensex may correct more. The major indices opened lower this week and closed with loss.     On Monday, frontline equity indices continued to inch lower for the fourth consecutive session. On the Bombay Stock...

Read More



Moneylife Digital Team 30 September 2022
The unified payments interface (UPI), set up in April 2016 by the National Payments Corporation of India (NPCI), continues to make waves and grow. But neither the growth nor the dominant players are the ones who were anticipated to dominate the market, leading to preventing NPCI's 5 November...

Read More



Yazdi Tantra Yazdi Tantra 30 September 2022
Many sites capture our email id and other personal data for various reasons, some legitimately and others illegitimately. Saymine.com helps you take ownership of your personal data. You can use Mine’s smart data assistant to discover and manage your digital footprint. Use it frequently to...

Read More



Moneylife Digital Team 30 September 2022
Guidelines    1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.   2. In this system, A is a higher rank than B and so on. Since, in valuation lower is better, we have ranked...

Read More



IANS 30 September 2022
The tokenisation of debit/credit card details will happen from October 1 onwards even though there may be laggards unwilling to comply with the regulations, said a senior official of the Reserve Bank of India (RBI).   According to RBI Deputy Governor T. Rabi Shankar, a total of 35...

Read More



Amitabha Banerjee Amitabha Banerjee 30 September 2022
I reached Indian Institute of Technology (IIT) Kharagpur (KGP) as a fresher with a great deal of trepidation. No, I was not worried about missing the comforts of home. The monster that scared me was – ragging.   I had heard many horror stories about the brutality of ragging at other...

Read More



Moneylife Digital Team 30 September 2022
RHI Magnesita India Limited (RHIM), is a 70% subsidiary of RHI Magnesita N.V, headquartered in Vienna (Austria) and a global leader in refractories with the largest number of manufacturing locations around the world. RHIM, formed with merger of three entities in 2021, manufactures and markets...

Read More



Moneylife Digital Team 30 September 2022
As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday increased the repo rate by 50 basis points (bps) to 5.90%. Consequently, the standing deposit facility (SDF) rate stands adjusted to 5.65% and the marginal standing facility (MSF) rate and the bank...

Read More



IANS 30 September 2022
India reports 3,947 new COVID cases, 18 deaths in past 24 hours 30-09-2022 10:55 India reported 3,947 new Covid cases in the last 24 hours, against 4,272 reported on the previous day, said the Union Health Ministry on Friday. In the same period, the country recorded 18 more...

Read More



IANS 30 September 2022
A Goods and Services tax (GST) evasion worth Rs 824 crore has been detected against 15 insurance companies as well as several non-banking financial companies (NBFCs).   According to sources privy to developments, these companies were reportedly found to be availing input tax credit...

Read More



Moneylife Digital Team 29 September 2022
Oracle Corporation paid a bribe of more than US$400,000 to officials from a company owned by the Indian ministry of railways in 2019, during the tenure of Union minister Piyush Goyal. This explosive detail is part of the settlement negotiated by Oracle with US Securities and Exchange...

Read More



IANS 29 September 2022
The finance ministry on Thursday clarified that premature closure of an account under the Senior Citizens' Savings Scheme (SCSS) does not get triggered due to the death of account-holder, but is applicable only when the account holder requests for the account's closure before the maturity...

Read More



Moneylife Digital Team 29 September 2022
Here is some bad news for those who want to visit the US on a non-immigrant visa. In India, the waiting time for an appointment for a visitor visa is a minimum of 582 days at Hyderabad to 848 days at the US consulate in Mumbai. In comparison, the waiting period for US visitor visas in Beijing...

Read More

Free Helpline
Legal Credit
Feedback