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Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The National Stock Exchange has added Indiabulls Housing Finance as the third stock on its futures and options ban list for June 15 after the scrip crossed 95 percent of the market-wide position limit. RBL Bank and Delta Corp are already on the ban list. RBL Bank was at the top in the short-covering list on Tuesday, which was down just half a percent following nearly 23 percent slump in the previous session after R Subramaniakumar was appointed as the chief executive officer of the bank for three years after the exit of long-time CEO and Managing Director Vishwavi Ahuja nearly six months ago. Delta Corp shares rebounded by 2.2 percent June 14 after a correction of 20 percent consistently since May 30. Indiabulls Housing Finance , which fell 15 percent in last four consecutive … [Read more...] about NSE adds Indiabulls Housing Finance as third stock to F&O ban list for Wednesday

Representative Image Bajaj Housing Finance announces an interest rate change for its products. The company's home loan interest rates now start as low as 7.20%* p.a. for salaried and professional applicants – one of the most competitive in the market today. Eligible borrowers can pay EMIs starting at just Rs. 679/Lakh*.Bajaj Housing Finance announces an interest rate change for its products. Bajaj Housing Finance was among the first HFCs to offer external benchmark-linked home loans. Extending its earlier industry-first offering, the Company has revised its interest rate for repo rate linked home loans to 7.30%* p.a. onwards for eligible salaried and professional applicants, which is among the lowest one can avail of at present. The Bajaj Housing Finance Home Loan offers sizeable finance to the tune of Rs. 5 Cr.* or higher, basis eligibility, with a repayment tenor of up to 30 years. Borrowers also benefit from hassle-free processing with an online application feature, … [Read more...] about Bajaj Housing Finance Announces Home Loan Interest Rate Change; Offers One of the Most Competitive Rates Starting at 7.20%

Share to Twitter Share to Linkedin In 2018, President Trump expanded the ability for people to use 529 plan money to pay for private elementary and secondary school. This addition to the Tax Cuts and Jobs Act allows up to $10,000 per year to be withdrawn tax free if used for qualifying tuition expenses. However, just because it's tax free at the Federal level doesn't mean that it's tax free at the state level. And as of November 1, 2018, 17 states haven't updated their tax code to conform with the new law. That means you could be in for a surprise tax bill at the state level. Here's what you need to know about using a 529 plan for private elementary or high school . Photo Credit: Getty Rules For Using A 529 Plan For Private K-12 Education The new tax law allows for individuals to use 529 plan money to pay for private elementary and high school tuition. This is a big change to using a 529 plan to pay for college, which previously … [Read more...] about These 17 States Haven’t Adopted The New Federal 529 Plan Rules Yet

Share to Twitter Share to Linkedin College may be an important first step into many profitable careers, but the growing costs of higher education can make you wonder if it’s worth the investment. You could go with the status quo and leave school with an average student loan debt of around $29,900 according to recent statistics , but you could also enter a profitable trade and potentially get paid while you complete an apprenticeship. There’s also the option to attend a community college or start a business instead, but I digress. These days, it’s all about attending college without a concrete plan then figuring out your next steps after you’ve racked up considerable student loan debt. But since student loan debt can almost never be discharged in bankruptcy, you really have few options to consider other than getting on a government-backed repayment plan or refinancing your loans so you can score a lower monthly payment, a lower interest rate, or both. … [Read more...] about The Must-Read Rules Of Student Loan Refinancing

Sports isn’t the only domain where incumbents hang on longer than they should. (Illustration by Suneesh K.) Most salaried individuals have access to two broad retirement-specific instruments to build their nest-egg. One is Employees’ Provident Fund (EPF) and the other is National Pension System (NPS). Between March 2021 and February 2022, the Employees’ Provident Fund Organisation (EPFO) added 1.11 crore subscribers, while the NPS enrolled 93.6 lakh over the entire FY 2021-22. Even though most companies offer EPF, there are also income-tax benefits that NPS offers. Which one works better? Also read: A step-by-step guide to opening an NPS account online Equities compound wealth, tax benefits nudge investments Both investments are aimed at saving up for your retirement. Hence, they discourage early withdrawals. That’s not bad given that both investments are meant to compound over decades to create a kitty which you can utilise post your retirement when regular income … [Read more...] about EPF or NPS: Which is better for retirement planning?

Representative image Non-Banking Financial Companies (NBFCs) have long been waiting for the Reserve Bank of India’s (RBI) green signal to issue credit cards independently, without the need to partner with any banks. Until now, RBI has allowed only two public sector NBFCs to issue credit cards – SBI Cards and BoB Cards. On April 21, the regulator released a Master Direction on credit and debit cards , a document that consolidates instructions on rules and regulations. While previous Master Directions always mentioned NBFCs, this time the regulator has added more details, bringing some hope for institutions, but not without some questions. Also read: Explained: What do RBI’s new directions on issuing credit cards mean? Five key questions answered This becomes more important in the current scenarios where we have fintech startups with NBFC licenses of their own issuing prepaid cards in partnerships with banks. On the other had we have large NBFCs such as Bajaj Finance … [Read more...] about RBI’s new credit card issuance rules: Three key points explained

The Nifty ended lower again on June 22 a day after rebounding strongly sharply, as selling across global counterparts and sectors weighed on sentiment. The index ended 225.50 points, or 1.44, percent, lower at 15,413.30 It formed a bearish candle on the daily chart as the closing was below the opening level. If the index breaks 15,385, the day's low, in the coming session, then it can slide to 15,183, the recent low, experts said. "The Nifty50 is still sustaining above the bullish gap zone of 15,419 – 15,382 levels. Hence, unless the Nifty closes below 15,382 mark, weakness will not be confirmed and on such a close, the index can initially revisit the recent lows of 15,183 levels and below that weakness shall initially extend towards 14,900," Mazhar Mohammad, Founder & Chief Market Strategist at Chartviewindia said. If the index manages to defend 15,182, a pull-back rally with initial targets of 15,700 is possible, the market expert said. But considering strong moves of … [Read more...] about Technical View | Nifty forms bearish candle, experts say a breach of 15,385 will add to weakness

Share to Twitter Share to Linkedin The typical advice for parents today is that you should save for your children's college in a 529 savings plan. This may make sense for a lot of families, but is it always the best option? The biggest alternative to saving in a 529 plan is to have parents simply save for themselves, and then pay out of pocket for their children's college tuition and other costs. So what are the benefits and downsides of each version? Let's look at some details. The Pros And Cons Of Saving For Your Children's College When it comes to saving for your children's college, a 529 plan is typically the best way to go. It's an education savings account setup for the benefit of one child, where you or someone you designate acts as the custodian of the account. These accounts offer a lot of benefits for both parents and students. First, the biggest benefit is the tax deferred nature of the account. All money inside the account grows tax free … [Read more...] about The Pros And Cons Of Saving For Your Children’s College

Share to Twitter Share to Linkedin They’ve been waiting for student loan forgiveness, even though they qualified 6 years ago . Here’s what you need to know — and what it means for your student loans . Student Loans A group of student loan borrowers filed a new, major lawsuit against the U.S. Department of Education alleging they have been waiting six years to get student loan forgiveness. Student loan forgiveness: the allegations In November 2016, the Illinois Attorney General filed a group borrower defense to repayment application with the U.S. Department of Education on behalf of defrauded students who attended Westwood College’s criminal justice program in Illinois. Borrower defense to repayment is one strategy to get student loan forgiveness for your federals student loans if your college or university closed or misled you. After filing the group application, the State of Illinois and Westwood reached a settlement to cancel … [Read more...] about Lawsuit: Student Loans Haven’t Been Canceled After 6 Years

Share to Twitter Share to Linkedin Here are 5 huge changes to student loans, but details remain unclear. Here’s what you need to know — and what it means for your student loans . Student Loans As President Joe Biden decides his next move regarding student loans, there is good news on the horizon for student loan borrowers. Biden has committed to fixing student loans, including changes to student loan forgiveness and student loan repayment. In some cases, details remain sparse. However, in other instances, there is a clear path to welcomed improvements. Here are 5 huge changes to student loans that you can expect soon: 1. Student loan forgiveness: more borrowers will qualify Biden has canceled $25 billion of student loans since becoming president. While Biden has focused on targeted student loan cancellation, he has committed to ensuring that more student loan borrowers can get access to student loan forgiveness. Who are the big winners from … [Read more...] about 5 Huge Changes To Student Loans