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Budget 2021: A-Z understanding of the Budget terminologies
As the Budget day nears, people’s expectation from the most important policy document also rises. The budget comes with several terms which may be difficult to understand for the layman. Here, Money9 tries to simplify the terms used in the budget. Hence, our readers can refer to the budget dictionary that we have curated to […]
Hemanshi TewariJanuary 14, 2021/12:43 PM IST -
Google removes personal loan apps violating user safety policies from Play Store
New Delhi: Google on January 14 said it has reviewed hundreds of personal loan apps in India that were flagged by users and government agencies and those found to be violating its user safety policies were immediately removed from its Play Store. Google has asked the developers of the remaining identified apps to demonstrate that […]
Press Trust of IndiaJanuary 14, 2021/12:31 PM IST -
Explainer: What is Market Capitalization?
Market capitalization (market cap) means the total market value of a company’s outstanding shares. It shows the size of a company and its aggregate value. It is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share. For example, If a company has 1,000 shares, each […]
Noopur PraveenJanuary 14, 2021/12:26 PM IST -
COVID-19: IRDAI tells insurers to have agreement with health providers on treatment rates
New Delhi: Regulator IRDAI has advised general and health insurers to have agreements with health providers on rates for treatment of COVID-19 on the lines of other diseases. In a circular, the regulator said in case of ‘cashless claims’ under a health insurance policy, the claims should be settled as per the tariff decided by […]
Money9January 14, 2021/11:53 AM IST -
Keep your finances in order or a bad credit score can jeopardise future loans
Credit score is a report card of your financial behaviour. How have you been with the repayment of your credits like loan and credit card dues? Did you skip any payment? Was there a delay in any your EMI payment? On the basis of these information, a conusmer’s monthly credit report is generated which includes […]
Priyanka SambhavJanuary 14, 2021/11:51 AM IST -
Over 450% jump since March lows; Rakesh Jhunjhunwala just entered this Tata stock
Ace stock picker Rakesh Jhunjhunwala picked more than 32 lakh shares of Tata Communications in the third quarter of 2020-21. Shares of the company have climbed 486% to Rs 1,168.80 on January 12 from its 52-week low of Rs 205.70, scaled in March 2020. With a net worth of Rs 15,901 crore, Jhunjhunwala is the […]
Rahul OberoiJanuary 14, 2021/11:49 AM IST -
Why ICRA sees double-digit expansion in India’s GDP in FY22
Rating agency ICRA sees a record double-digit expansion of 10.1 per cent in India’s gross domestic product (GDP) in the financial year 2022. However, it cautioned that the value of GDP will mildly surpass the level that had been recorded in the financial year 2020. It also expects a multi-speed recovery in the next financial […]
Rahul OberoiJanuary 14, 2021/11:41 AM IST -
Top sectors to watch out in 2021
Indian equity market will continue to stay strong in 2021 with the likely recovery in the economy and earnings. The benchmark equity indices BSE Sensex and NSE Nifty had advanced nearly 16% last year after central banks expanded their balance sheet and interest rates declined sharply leading to a wave of liquidity globally. Overall, the […]
Money9January 14, 2021/11:40 AM IST -
Top 10 midcap stocks to consider for your equity portfolio
Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Consumer, Oberoi Realty, Indian Energy Exchange, ICICI Securities, Varun Beverages, Security and Intelligence Services (SIS) and Gujarat Gas amid the ongoing rally in the domestic equity market. Barring SIS (down 12%), shares […]
Rahul OberoiJanuary 14, 2021/11:37 AM IST
