Category: Business

Mutual fund SIP: You will be surprised to know the cost of delay; invest early SIPs in mutual funds have emerged as the preferred investment instrument for a huge section of the Indian middle class. Despite the correction and volatility, the amount of inflow into mutual funds through the SIP route is increasing every month. However, beginning your investment journey is the mantra to follow since you will miss out on huge gains if you begin even a few years late.

VPF: What is VPF in EPF; know its immense post-retirement benefits and complete safety If you are already covered by EPF (Employees’ Provident Fund), you already have most of the information about VPF, though you may not be aware of VPF. VPF, or Voluntary Provident Fund, can be deemed as an extension of EPF that an employee can opt for on a voluntary basis to increase his/her post-retirement corpus that multiplies in the maximum possible security, the same degree of it as enjoyed by EPF.

Budget 2025: Mandatory basic term insurance for employees like EPF among insurance expectations “Insurance for all” is the slogan to be achieved by 2047. Undoubtedly, it’s a steep climb to achieve. As Union finance minister Nirmala Sitharaman rises to present Budget 2025 on February 1, among the insurance industry expectations is the introduction of a mandatory term insurance policy for formal sector workers like EPF.

Stocks in Focus on Jan 27: Bank of India, HPCL, Shriram Finance, JSW Steel The stocks Bank of India, HPCL, Shriram Finance, JSW Steel are expected to be in focus on Monday, January 27, 2025. On Friday, January 24, Bank of India Q3 profit rose 35% to Rs 2,517 crore, HPCL shares pared early gains to decline nearly 3%, Shriram Finance Q3 profit zoomed 73% to reach Rs 3,249 crore and JSW Steel net profit dived 70% down to Rs 719 crore in Q3 FY25.

Stocks in Focus on Jan 27: Bank of India, HPCL, Shriram Finance, JSW Steel The stocks Bank of India, HPCL, Shriram Finance, JSW Steel are expected to be in focus on Monday, January 27, 2025. On Friday, January 24, Bank of India Q3 profit rose 35% to Rs 2,517 crore, HPCL shares pared early gains to decline nearly 3%, Shriram Finance Q3 profit zoomed 73% to reach Rs 3,249 crore and JSW Steel net profit dived 70% down to Rs 719 crore in Q3 FY25.

Finance ministry notifies assured pension scheme: Govt employees can choose UPS or NPS The notification will give the option to 23 lakh government employees to choose between UPS and NPS, which came into effect on January 1, 2004. The effective date for operationalisation of the Unified Pension Scheme would be April 1, 2025.

‘Make in India’ has a proud partner Taiwan: DG of Taipei Economic Centre Make in India initiative has a proud partner — Taiwan. This was stated by the Director General of the Taipei Economic and Cultural Centre (TECC), Richard Chen, on Thursday. He was addressing a gathering in Bengaluru at a machine tool event when he made the remark, reports stated. Chen said that they technology Taiwan was highlighting were specifically designed to cater to the new and improved demands of the Indian manufacturing sector.

Personal loan: What is the minimum credit score to get a personal loan? Know details In the modern age, it is not important to always have the money in your pocket to buy that dream phone, TV, fridge, go on a vacation, or even get married. Personal loan is one of the great enablers for the modern consumer and provides quick access to funds. Since emergency requirement of funds is not only for gratification of impulse and/or discretionary purchases, it is important to know what minimum credit score you need to have to get a personal loan.

Maha Kumbh 2025 leads to 21% growth in India’s spiritual tourism sector: Report India has seen a 21.4% rise in inbound spiritual travel, driven by major events like the Maha Kumbh, which is expected to draw 42 million pilgrims. With growing interest from countries like the US and UK, and a rise in group travel, India is solidifying its position as a spiritual tourism hub.

India ready to collaborate with other nations on water management: CR Patil in Davos Speaking at a discussion during the five-day summit concluding on Friday, Patil highlighted the sustainable water management practices implemented by the government under Prime Minister Narendra Modi’s leadership.