Sunainaa Chadha

Deals galore: India's biggest PE and M&A deals in the third quarter of 2024

M&A volumes reached a record high, witnessing 214 deals valuing $11.4 billion, majorly dominated by domestic deals, with 154 deals worth $5.7 billion.

RBI policy: Lock in FDs now as interest rates expected to decline soon

Currently, investors can benefit from elevated FD rates, which provide a safe haven for their savings amidst uncertain economic conditions.

Indian students face tax residency challenges in US amid H-1B applications

Many Indian students studying in the U.S. on F-1 visas are facing confusion and stress regarding tax residency rules as they apply for H-1B work visas.

Minor's account to NRIs: New PPF changes from October 2024 decoded

New rules for dealing with irregular PPF accounts have been notified by the Department of Economic Affairs which will be applicable from 1st October 2024.

Deal-making in India hits new high: M&A and PE lead the way, telecom tops

Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.

PE inflows in Indian realty hit record $3.9 bn in 2024: Biggest deals of Q3

Industrial & logistics sector leads, attracting $1.7 billion in PE investments in Q3 2024

Perks galore: Amex Platinum Card gets luxe upgrade, fees hiked to Rs 77,880

With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.

Average home prices in Gurugram up 76% in 2 years to touch Rs 14,650 psf

Based on customer searches, the report stated that 3 BHK units dominate with 66 per cent of demand. Average prices of 3BHK apartments have increased 21.6 per cent on quarter to reach Rs 14600 psf.

Kotak MF just launched an MNC fund: Is the NFO worth tapping into?

The scheme will be open for public subscription from October 7, 2024, to October 21, 2024.

No one can arrest you through video calls: Digital arrest fraud on the rise

An employee of the Department of Atomic Energy was the victim of a digital arrest scam, losing Rs. 71 lakh to fraudsters

Want to visit Kedarnath? Pilgrims must be aware of helicopter ticket fraud

A total of 47 heli-ticketing fraud cases worth Rs 10 lakh were reported during 2023-2024 in which three persons have so far been arrested. Recovery in the fraud cases so far has been nil.

No lounge? How to manage your Vistara booking after AI merger from 12 Nov

Following the merger, all Vistara flights scheduled post-November 12 will be operated by Air India

MF trends decoded: More than 50% of new investors from smaller cities

While smaller cities contribute a significant number of new investors, their overall AUM remains lower compared to larger urban centers.

Unlimited rewards: ICICI Bank, MakeMakeMyTrip launch premium credit card

Earn myCash rewards on travel and retail spending, redeemable for travel expenses on MakeMyTrip.

Festive holiday surge: Udaipur, Dubai, Singapore top getaways this Diwali

Udaipur has emerged as the top trending domestic destination for Indians traveling domestically, witnessing a 220% increase in searches followed by Puducherry (200%) and Mumbai (35%).

Residential sales: Rs 1 cr + homes lead market, constitute 46% of all sales

Residential prices in Bengaluru saw the sharpest rise at 10% YoY as focus increasingly shifted toward the development of premium properties.

Factor investing gets popular: Axis Nifty500 Value 50 Index Fund launched

The scheme objective is to invest in stocks comprising the Nifty500 Value 50 Index (the index).

Food tourism: South Korea tops list of culinary destinations in Asia

The land of kimchi, Korean barbecue, and fried chicken is followed closely by Taiwan (62%), with Thailand (55%), Japan (52%, and Malaysia (49%)

Brokers to offer UPI-based trading or 3-in-1 account to investors by Feb 1

A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution.

Tax structure explained: Delhi govt offers rebate for scrapping old cars

The government is offering a rebate on motor vehicle tax for buyers who scrap their old vehicles and purchase new ones within three years. T