Hidden UPI mandates: When a Rs 1 trial becomes a monthly bill | Autopay | Personal Finance

Loading… A small Rs 1 charge can lead to big bills. Many users are facing unexpected monthly charges on their bank accounts. This happens because of hidden UPI Autopay mandates. You might think you only signed up for a trial. But later, the app pulls full money automatically. Actually, these “subscription” models use UPI Autopay … Read more

Want to invest in office buildings and malls without buying one? Here’s how REITs work

Loading… REITs let you own office towers and malls with just ₹500. No property hassles. No maintenance calls. You just collect rent cheques. How REITs Work Right Now Think of REITs like mutual funds for real estate. You buy units. The trust owns commercial buildings. Tenants pay rent. You get dividends. Simple. India has four … Read more

India refiners reap fuel export windfall as Iran war drives shortages

Loading… Indian refiners are making huge profits from fuel exports right now. The Iran-Israel conflict has tightened global supply. Indian companies like Reliance and Nayara Energy are selling more diesel and petrol overseas. Their margins have jumped sharply in recent weeks. You can see the difference at the pump too. Why Exports Are Booming Now … Read more

Govt to keep monitoring West Asia situation, ready to further support exporters if needed, says Commerce…

Loading… The Indian government will keep a close eye on the West Asia crisis, and it is ready to back exporters if new developments arise, Commerce Secretary Piyush Goyal said today. Monitoring the West Asia Tension Goyal said the ministry is tracking the crisis daily. The split between Israel, Lebanon, and Gaza risks hurting India’s … Read more

SBI Funds Management IPO Opens Today; GMP Slips to ₹92, Signals 15% Listing Premium

Loading… SBI Funds Management’s IPO opened today with a grey market premium slipping to ₹92, hinting at a 15% listing premium for investors. The initial public offering marks a significant entry in India’s mutual fund landscape, drawing attention from retail and institutional investors alike. IPO Launch and Market Reaction The IPO opened with strong demand … Read more

SBI Funds Management IPO subscribed 68% on Day 1; NIIs lead, should you apply?

Your browser does not support the video tag. Loading… SBI Funds Management IPO got 68% subscription on Day 1 today. Non-institutional investors (NIIs) led the rush, says the latest Moneycontrol IPO report. Day 1 Subscription Breakdown The issue opened for public bidding earlier today. It closed Day 1 at 68% overall subscription. NIIs booked 1.06 … Read more