Investments

Key factors to consider before making a property investment decision Source

Following the Reserve Bank of India’s decision to cut the repo rate by 50 basis points on Friday, June 6, several banks have reduced their lending rates to pass on the benefit to borrowers. The RBI’s Monetary Policy Committee, led by Governor Sanjay Malhotra, brought the key policy rate down from 6.00% to 5.50%, aiming…

According to transport department officials, many applicants use outdated photos during the licence application, which later causes identity verification issues. To address this, the department now offers an online update option. Source

RBI’s new gold loan rules: The revised rules apply to all commercial banks, NBFCs, cooperative banks, and housing finance companies. Source

In India, 24-karat gold was priced at ₹97,690 per 10 grams, while 22-karat gold stood at ₹89,550. The price of 18-karat gold was ₹73,270 an ounce, according to GoodReturns data. Source

DIGIPIN (Digital Postal Index Number) is a newly introduced geocoded system that divides the country into tiny grids measuring 4×4 meters. Source

The new product class follows SEBI’s regulatory push for more flexible structures between mutual funds (MFs) and portfolio management services (PMS). But what exactly are SIFs, and how do they compare with MFs and PMS? Source

This development follows an earlier report by CNBC-TV18 in April, which indicated that the government did not plan to impose any regulatory restrictions on the bancassurance model. Source

The open-ended equity scheme aims to tap into the growing demand for healthcare and wellness—both in India and globally. Source

Registered users will be able to invest once the platform officially launches. Source