Residential property sales on the rise
BENGALURU: The residential property market is not out of the woods yet but has seen a continuous uptick in sales volume since 2017 despite economic slowdown and subdued consumer sentiment, and the industry hopes to match the 2013 peak levels…
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$2.8-trillion property drag on growth may be low-hanging fruit
The property cycle has been weak since 2012, and has coincided with a slowdown in industrial growth and corporate earnings. At the same time, markets are worried about the negative impact of the cycle being inter-linked with the NBFC crisis. But, in…
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Tax planning for senior citizens: Know how you can save more on taxes
As per the Income Tax Act, an individual is considered a senior citizen on attaining 60 years of age. Here are few exemptions and deductions available for senior citizens for the current financial year New Delhi: Senior citizens in India…
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D-Company property case: Raj Kundra denies link with Iqbal Mirchi
Raj Kundra, the husband of Bollywood actress Shilpa Shetty, has denied the allegations levelled against him and his wife of knowingly having business dealings with Iqbal Mirchi, an alleged associate of underworld don Dawood Ibrahim. It has been alleged that…
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Goal-based investing through mutual funds
Financial planners are increasingly asking investors not to make random SIP investments in equity mutual funds. They advise investors to tag SIPs to their long-term financial goals What does goal-based investing mean? Every individual has life goals that he needs to reach in the short term…
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Isro fires a rocket through BBMP’s property records
HIGHLIGHTS Satellite mapping shows 31,349 glaring errors This lake on the right is a building according to BBMP’s mapping of the city There’s a park which is popular among the residents living near the Domlur-Inner Ring road junction. However, till…
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Should I exit Aditya Birla Sun Life Small Cap Fund?
I have been investing in Aditya Birla Sun Life Small Cap Fund since the last two years. Right now, the scheme is giving negative returns (-17 %). Should I stay put or exit the scheme? I can wait for a…
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Congress seeks white paper on PMC bank scam, says trust deficit in banking system due to frauds
PMC bank depositors protest outside BJP office during Union Finance Minister Nirmala Sitharaman, in Mumbai, Thursday. (PTI Photo) The Congress on Friday demanded a white paper on the Punjab Maharashtra Cooperative (PMC) Bank scam to ascertain what had happened that…
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Status check: Do health insurance companies in India cover mental health?
In 2017, the government passed the Mental Healthcare Act that mandated mental health to be covered by insurance companies. The Act, which came into effect last year, finally promised mental health coverage, and stated that every insurer will have to…
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IRDAI cuts down exclusions in health insurance, more illnesses to be covered
Says travel insurance can not be pre-selected option on websites, apps In a customer friendly move, the Insurance Regulatory and Development Authority of India (IRDAI) has now said that insurers must make sure that travel portals do not make travel…
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