Posts Tagged “of”

SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

By |

SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

Banks have now started offering in-principle approval of personal loan in less than an hour on ‘PSB Loans in 59 Minutes’ portal from this September. More than 25 public and private sector banks, including the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Kotak Mahindra Bank and Union Bank of India will approve…

Read more »

Half of unsold ready-to-move-in property in Mumbai affordable

By |

Half of unsold ready-to-move-in property in Mumbai affordable

A recent data released by Proptiger.com, indicates that developers had an unsold stock of over 2.93 lakh units till July 2019 in Mumbai Metropolitan Region (MMR). Out of these, over 1.41 lakh units (over 48% of the stock) are priced up to ₹45 lakh. Proptiger.com is a real estate portal owned by Elara Technologies Pte Ltd…

Read more »

Explainer : Right Of Hindu Women To Property

By |

Explainer : Right Of Hindu Women To Property

Historically, and also ironically, women under Hindu Law were not entitled to any share in the immovable or movable property either as a daughter or as a wife, of their ancestors. However, in some capacities women were given the Right to Inherit property,but the same were only a limited right of enjoyment to the Property….

Read more »

Opinion | Nature and extent of daughters’ rights to HUF property still unclear

By |

Opinion | Nature and extent of daughters’ rights to HUF property still unclear

Inheritance laws in India, particularly those governing succession and inheritance among Hindu families, have conventionally been biased towards sons. Under the Hindu law, a property owned is classified as either ancestral or self-acquired. Ancestral property can be defined as the one which is inherited by up to four generations of male lineage and the right…

Read more »

Fund of Funds is a better fit for DIY investors

By |

Fund of Funds is a better fit for DIY investors

The budget had nothing much for mutual funds to talk about. But there is one provision that is likely to bring some cheer to a certain category of mutual funds—the fund of funds (FoF). FoFs are mutual fund schemes that invest in other mutual fund schemes. In other words, the scheme does not hold shares or bonds…

Read more »

Millennials almost half of new mutual fund investors in FY19

By |

Millennials almost half of new mutual fund investors in FY19

NEW DELHI: More and more millennials are taking to mutual fund investing and are letting their corpuses grow by holding them over long terms. According to data from Computer Age Management Services (Cams), a transfer agency which services 68% of MFs in India, of the 3.6 million new MF investors it onboarded in FY18-19, 47% (1.7 million) were…

Read more »

NIA attaches property of J-K separatist leader Asiya Andrabi

By |

NIA attaches property of J-K separatist leader Asiya Andrabi

SRINAGAR: he National Investigation Agency (NIA) on Wednesday attached property of Asiya Andrabi, chief of women’s separatist group, ‘Dukhtaran-e-Milat’ (Daughters of Faith). Vikas Katharia, Superintendent of Police, in his capacity as the chief investigator of the terror funding case, has obtained the approval of the Director General of Police (DGP), Jammu and Kashmir to attach…

Read more »

Elderly couple accuse son, daughter-in-law of mental torture over property; Ghaziabad DM resolves issue

By |

Elderly couple accuse son, daughter-in-law of mental torture over property; Ghaziabad DM resolves issue

District Magistrate of Ghaziabad, Uttar Pradesh has resolved the issue where a Ghaziabad-based elderly couple uploaded a video online claiming torture by their son and daughter-in-law over the property. The man was identified as 68-year-old Inderjit Grover, a heart patient and his Pushpa Grover are the residents of MM Road  |  Photo Credit: ANI Ghaziabad: After…

Read more »

Investing in mutual funds? Size of fund doesn’t matter

By |

Investing in mutual funds? Size of fund doesn’t matter

The size of a mutual fund should not matter, and for the most part, it does not. However, this runs against a deep-set bias that investors have. When it comes to financial service providers (and many other businesses), customers like size. People seem to believe that a big shop, or a big retail chain or a big…

Read more »

Should you sell your equity mutual fund investments because of Indo-Pak conflict?

By |

Should you sell your equity mutual fund investments because of Indo-Pak conflict?

Some mutual fund investors are planning to sell their investments because of India-Pakistan conflict. They are asking their advisors if they should sell their equity mutual funds and stay out of the stock market for the time being. “Some novice investors have called me to check if they should get out of equities due to the ongoing…

Read more »

Property dealer robbed of cash, car at gunpoint in Ambala

By |

Property dealer robbed of cash, car at gunpoint in Ambala

(Representative image) AMBALA: A property dealer was robbed of his car and cash at gunpoint by two unidentified men near Saraswati Colony in Ambala, police said on Friday. The district police have registered a case under sections 25, 54, and 59 of the Arms Act and 34 (acts done by several persons in furtherance of common…

Read more »

India expected to import up to 1 million tonnes of corn in 2019: Traders

By |

India expected to import up to 1 million tonnes of corn in 2019: Traders

India is likely to import up to 1 million tonnes of corn this year as lower production and growing domestic poultry consumption boosts demand for overseas purchases, two traders estimated on Thursday. Below-normal monsoon rains and an infestation of the fall armyworm, which devastated African corn crops in 2017, have slashed India’s corn output and…

Read more »