'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
'If you wish to make a big-ticket purchase on EMI without having to pay additional charges, no-cost EMI would be the right choice for you.'
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Customers are increasingly preferring to pay through EMIs while buying high-value consumer items, as affordability has become a key factor in the post-pandemic scenario, payments solution provider Ezetap said on Thursday. Buying ability of consumers across the country has been significantly reduced due to the pandemic. They are either avoiding a single big payment or entirely skipping to buy any new item, Ezetap said.
Make sure buying a house won't lead to compromises on other crucial financial goals.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.
The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the non-banking finance company's profitability, provided the ban is lifted within six to eight weeks, analysts said. "In a surprise move, the RBI has asked Bajaj Finance to stop sanction and disbursal under two of its digital lending products. "While the move is negative, the speed of correction will be key to reinstate products," global brokerage Jefferies said in a report.
Neville said that within next week or two, Manchester United will have to "magic up a bit more money" or bring someone on loan.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Bombay Shaving Company CEO Shantanu Deshpande highlights the alarming trend of people in their 40s losing their jobs, calling it a 'financial and emotional disaster.'
Pranjal Kamra, CEO, Finology Ventures, lists seven efficient ways to cope with the rise in EMIs even as you balance your monthly budgets.
Nine players from treble-winning Paris St Germain have been nominated for the men's Ballon d'Or this year along with the club's coach Luis Enrique as France Football announced the list of nominees on Thursday.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Realtors' apex body CREDAI described the RBI decision to cut repo rate by 50 basis points as a bold step and said this will help boost sales of residential properties.
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
For hatchbacks and sedans, offers range between Rs 40,000 and Rs 80,000 while SUVs and multi-purpose vehicles carry benefits exceeding Rs 1 lakh.
Kunal Varma, CEO, Freo, explains what Hospicash and Day Care Insurance covers are and how they help manage financial and mental stress.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Home First Finance will be answering readers' home loan queries. Mail your queries to getahead@rediff.co.in with the subject line 'Home Loan Query' and we will have your queries answered by Home First Finance.
'The rise in SIP contributions has created a pool of long-term MF assets that can be pledged for loans.'
In such frauds customers get calls asking them to share their OTP in order to postpone their loan EMIs. Once the OTP is shared the amount is immediately siphoned away by fraudsters.
One thing you realize after seeing the title of the Netflix show, 'The Great Indian Kapil Show' that the word 'comedy' is missing from the title. In the language of mathematics: Kapil Sharma equals to Comedy. Kapil is synonymous with laughter and as a comedian when you watch him he makes you forget all your worries.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
'I don't know how long cinema will survive.'
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
A silly plot, long and winding narrative and mediocre acting makes EMI a torture to sit through. The only silver lining in this debale is Sanjay Dutt.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
