The new age options like gold ETF, gold mutual fund and digital gold allow you to get the benefit of gold investment without actually buying the physical gold. As investors make gains in these investments, they become liable to pay income tax on their gains

The move to raise global money not only diversifies the liabilities mix in the balance sheet but also reduces the cost of funds

The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India

Online wallet was accessible via an app, without need for an existing bank account, with payments accepted via smartphone scans in downtown outlets in China's fourth-biggest city, from luxury goods retailers to snack stores

Japan's export-reliant economy has sunk into recession, with three straight quarters of contraction through June, as the outbreak slammed business activity and stifled trade

FD interest rates vary from bank to bank depending on their tenure, amount, and type of depositor. Thus, it is always advisable to compare them before investing

India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.

DLF's group chief financial officer (CFO) Vivek Anand said the debt has been raised at a very attractive interest rate of 7.35 percent, enabling the company to reduce interest cost

It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent

The Trump administration reported Friday that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion

S&P's sovereign group managing director Roberto Sifon-Arevalo said that the immense costs of supporting health systems, firms and workers through the pandemic was fundamentally altering some countries' finances for the worse

While not a lot should be read into the September wholesale figures, it does indicate that supply side constraints on production due to the coronavirus induced lockdown in April and May that had hampered the industry in the first quarter have subsided

Gopinath believes the recent passing of three new labour codes and farm reform bills will provide jobs, some direct support and pave the way for more demand while strengthening supply chain

India Stock Market Highlights Today: IndusInd Bank, Tata Steel, Infosys, ONGC, BPCL, Cipla, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers. On the other hand, Asian Paints, Sun Pharma, Nestle, RIL, M&M, HCL Tech were among the top losers.

The government on Thursday said that it will borrow an estimated shortfall to bridge the goods and services tax (GST) revenue shortfall of Rs 1.1 lakh crore

You may consider taking on debt due to low interest rates, even in these uncertain times. The question is how much and in what ways

Picking the right ITR form is critical for filing hassle-free income tax returns

More than the corpus, much depends on expenses, goals and commitments

India Stock Market Highlights Today: Tech Mahindra, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC were among the top losers on Sensex today. On the other hand, Tata Steel, ONGC, NTPC, Asian Paints, M&M, Nestle India and Bharti Airtel were among the gainers

Overseas, Asian equities were trading mixed tracking overnight fall in US markets as investors awaited Chinese President's speech. Investors sentiment was hit after select drug-makers faced setbacks in vaccine trials of COVID-19