Category : Personal Finance


Gold Price Drop Near 15% Spurs Cautious Buying

Gold prices in Pune have corrected nearly 15% from January's record highs, prompting cautious buying. Jewellers expect festive demand to pick up, but duty hike and government appeal temper enthusiasm.

Man trapped in Hyderabad lift for 2 hours

A young man was trapped for nearly two hours in a malfunctioning lift at Uppal skywalk in Hyderabad. Rescue teams, including fire department, safely rescued him.

Indian Overseas Bank Hikes Non-Callable FD Rates by 10 bps

Indian Overseas Bank has increased interest rates on non-callable fixed deposits by 10 basis points for select tenures, effective immediately. The revised rates range from 6.50% to 7.25% for general citizens and up to 7.75% for senior citizens.

Govt Extends CGSMFI-2.0 Till August, Raises Loan Cap

The Indian government has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) until August 2026 and increased the loan limit for large NBFC-MFIs from Rs 300 crore to Rs 1,000 crore.

Falling Rupee Erodes Portfolio Returns: Expert Tips

The depreciating rupee impacts investment returns indirectly via inflation and interest rates. Experts advise sticking to SIPs, diversifying with gold and international assets, and focusing on export-oriented sectors.

Home Loan Insurance Adoption Surges 7x in 5 Months

Home loan insurance adoption in India has surged nearly seven times in five months, driven by rising awareness among borrowers to protect families from long-term liabilities, says a Policybazaar report.

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