'I don't know how long cinema will survive.'
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
In a note to customers, the country's largest lender State Bank of India said, 'Interest shall continue to accrue on the outstanding portion of the term Loan during the moratorium period'. The accrued interest will be collected by the lender in the form of additional EMIs from those borrowers who opt for the three-month moratorium.
A fitter and faster Jyothi Yarraji admitted she was under stress to defend her 100m hurdles title, but focusing on timing rather than the medal helped her stay calm while clinching her second successive gold at the Asian Athletics Championships in Gumi, South Korea, on Thursday.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Gold rush: Yarraji, Sable, women's 4x400m relay finish on top to extend India's Asian C'ship dominance
While festive offers can reduce costs, borrowers should also consider the lender's transparency and service quality. Customers need to be mindful of their repayment capacity.
Manchester City's Matheus Nunes scored deep in injury time to salvage a crucial 2-1 Premier League victory over Aston Villa on Tuesday in their breathless chase for a Champions League berth next season.
As much as 20 per cent of the gross merchandise value (GMV) of sales made on e-commerce platforms is being financed through the no-cost EMI route, up from 4-5 pc two years ago.
Aston Villa striker Marcus Rashford scored twice in a 3-0 defeat of second-tier Preston North End in their FA Cup quarter-final at Deepdale on Sunday to earn a Wembley semi-final against fellow Premier League team Crystal Palace.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra on Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accomodative' from 'neutral', which may further lower EMIs for consumers.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The biggest risk in under-construction projects is delay and non-completion.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
All you need to do to figure this out is to get on to Microsoft Excel.
'We deposited money just yesterday, but they did not say anything...'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
Abhishek Agarwal takes a controversial view on how our dreams are being mortgaged by EMIs we keep paying month after month.
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.
New borrowers will benefit if banks cut their MCLR. Older borrowers' EMIs will change only when their reset date arrives
Whenever you take a loan, you have to pay interest on the borrowed amount. This interest is an expense. Higher the interest rate, higher the amount you pay towards interest. So you end up paying more towards the loan, thus making the purchase costly. Hence it is essential for you to reduce the amount you pay towards your EMI.
Goenka approached Rahul after the match to congratulate, only to receive what looked like a cold, disinterested handshake. No words, no eye contact. Just quiet closure and a telling payback.
EMI Music India has entered into a licensing agreement with Warner Music India to market and distribute Warner repertoire in the country.
The actor returns to what he does best: act as a bhai.
With ICICI Bank recently offering to reduce the equated monthly instalments of existing customers for high tenure loans, many may like to exercise this option because it would reduce their burden for the time being. Also, with the rise in the interest rates in the last couple of years, many have found their monthly EMIs rising by over 15 per cent.
Keep in mind interest rate, tenure and additional charges if you exceed credit card limit
Using mantras from the Bhagavad Gita, Vatsal Ramaiya explains how you can conquer your home loan debt and unlock a world of financial freedom and peace of mind.
Get Ahead reader Sunil Agarwal tells you how a a low EMI can reduce your stress levels.
Issuers allow you to convert your credit card purchases to EMIs, but it comes with strings attached.
In the current scenario of rising interest rates, it is vital that you understand important elements in the loan-taking process.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
Even if you get a bit late in buying things you need, it is always better to avoid debt traps, advises Vishwajeet parashar
A round-up of Saturday's action in the Premier League.
