india

Update: Reserve Bank of India (RBI) has decided to extend the timeline for the stakeholders to migrate to the framework by six months, i.e., till September 30, 2021. source For auto-payments from debit and credit cards or via wallets, an additional authentication by the customer will be...

36 m (recently married ) My take home is around 2 L p.m and wife's around 1 L ( No liability or loan ) but yes I keep helping both the families whenever needed and will keep doing so. We stay in a flat with rent of around 50k p.m Combined savings of 60L till date ( including liquid cash +...

Source : - https://economictimes.indiatimes.com/industry/telecom/telecom-news/qualcomm-ventures-to-invest-rs-730-crore-in-jio-platforms-for-a-0-15-stake/articleshow/76927277.cms

Summary Indus Towers (NSE:INDUSTOWER) is the largest Indian cell tower company with a history of high ROCE with long term contracts and good visibility of cash flows. Indus had faced headwinds in the last ~2 years, with one of its 4 key Telco customers (Vodafone Idea) coming close to...

Can we add STPs in Moneycontrol? If yes-please share the steps. I found the following steps at Moneycontrol site which are not helpful: https://www.moneycontrol.com/help/portfolio/general-queries/how-can-i-add-sipstpswp-transaction-2579243.html Thanks in advance.

Hey folks, Seeking advice on how to structure my finances better for the times to come. A little background: I (22M) come from a lower middle class family, dad used to work in a PSU, never traveled to fancy places, never wore fancy clothes, but he and mom together gave me and my sister the...

Recently, I have come across a post about a journalist claim being declined by HDFC ERGO at https://www.reddit.com/r/personalfinanceindia/s/hl6mftbV68 On the journalist's Twitter thread, someone asked Ditto that why do they suggest HDFC ERGO in spite of being declining customers claim through...

Pros Market leader in India, only airline which has been continuously profitable It had quite large cash reserves before the crisis to allow it to ride this out Indian airline will most definitely continue to grow in long term Current crisis could shutter competitors like Spicejet which were...

I have a MF portfolio that I have built for over past 10 years(Most investment was done in the past 3 years). Equity vs Debt allocation is 85:15 in this and I am getting 7.8% XIRR. Given that MFs quote a returns of >8% on average and market is at a peak, have I done a very bad job in choosing...

a. Axis myzone: 1. 4 complimentary lounge stay. (1 per quaterl 2. Buy 1 get 1 movie tickets via paytm 3. Free SonyLiv worth 999Rs. And much more. Click the link below to apply for it. https://secure.traqkarr.com/click?pid=282&offer_id=1251&sub1=IMSGAXIMZ282 b. Sbi Cashback: 1. 5% off on every...

Since the past few days I was toying with the idea of parking my idle money, which I might need in 4 to 5 months, in overnight funds or liquid funds. These funds invest a part of it in Government Bonds and T-bills. Instead of investing in those funds why not buy 91 day T-bills directly? On...

As promised, Here is comparison between Active funds and Passive funds. Funds compared at all Large cap funds direct plans vs UTI Nifty Index Direct, all growth. This is no DD post, object of this post is not to say which funds are better but to see how many Active funds beat Index funds in...

UPDATE ON THE SITUATION: One Person in the comments gave alink to ROI pdf for SBI,showed the same to bank.They were acting like they dont know abt it.Later in the day Manager called me and said he will make sure the ROI is 8.6.!!!!!! Thanks Guys.I love reddit people. ORIGINAL POST : Salaried...

I am not sure if this is the right place to ask but I really need some inputs on this one. I have zero idea on shares and how they work. I found a letter kinda document with details about my father’s e-voting for his shares in Reliance. We have no knowledge if he had shares elsewhere or the...

They have solid results and I was expecting for their share price to increase after Sitharaman's announcement about 10,000 crore worth of infra projects development. I'm not seeing any news of big developments either, so can't explain the drop.

I am looking for NSE intraday data to do some basic backtesting. The only source as of now seems paid data, and that too pretty expensive. Is there any alternate source where I can find accurate and complete data?

Update: There are 5 edits in this post with updated or corrected information. Please go through them if you have missed something. I am NOT expecting this post to be edited in future. Thank You all for the updates, correction and participation. Recently, I was searching for Health Insurance...

In my previous post, I covered the popular deductions that have been disallowed under the current(new) tax regime. In this post, I will be covering the important deductions that are still allowed under the new tax regime. Here we go: Standard deduction of Rs. 50000 from salary Contribution...

TL;DR: Great for those who spend money online and would like rewards against statement balance and simple conversion Rewards: 5% CashBack on Amazon, Flipkart, Flight & Hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of ₹2000) – Max points 750/cycle 2.5% CashBack...

So SGBs have been announced at the rate of Rs 6213/g. Is this the right time to buy? And if yes, what do you suggest? How much should i buy? For context, I have started investing in MFs this month onwards. I will be investing 15k in 4 funds and have also started 2 RDs worth 25k per month. I am...