• LIFE
    Liquid fund returns can decline with lower interest rates

    iStockPhoto I have been keeping money in bank recurring deposits (RDs) for my short-term goals. Are liquid funds a good option for such goals? —Chetan Singh Liquid funds are a good option to park your surplus money temporarily instead of allowing them to lie in your savings bank account as they typically deliver higher returns […]

  • STARTUPS
    Freshdesk sees interest from global investors for buying stake

    Founder CEO Girish Mathrubootham confirmed that US-based investors have approached the cloud-based customer support platform but declined to give details. Photo: Nathan G/MInt Mumbai: Tiger Global-backed Freshdesk Inc. has been approached by several investors to buy a stake in the firm, said three people with direct knowledge of the development. Freshdesk, the cloud-based customer support […]

  • ENTREPRENEURS
    Sensex, Nifty slide as inflation spike activates interest fee fears

    Indian stocks dropped the maximum in two weeks after retail inflation quickened greater than anticipated in April, raising concerns approximately the imperative bank’s ability to reduce interest quotes similarly.photo: Hemant Mishra/Mint Mumbai: Indian shares dropped the maximum in two weeks after retail inflation quickened extra thanenvisioned in April, raising concerns about the important financial institution’s […]

  • ENTREPRENEURS
    Area of interest on line retailers flip acquisition targets

    The funding in jewelry start-up CaratLane comes after a string of disappointing quarterly consequences at Titan. Titan Co. Ltd’s flow to accumulate a majority stake in jewellery begin-up CaratLane buying and sellingPvt. Ltd indicates that niche on line shops have become appealing acquisition goals for classic storeswhich can be suffering to adapt to the upward […]

  • NEWS
    Banks may cut interest rates in next few days: Shaktikanta Das

    A file photo of economic affairs secretary Shaktikanta Das. Photo: Ramesh Pathania/Mint New Delhi: Asserting that India is moving towards a low interest rate regime, economic affairs secretary Shaktikanta Das on Friday said banks are expected to cut interest rates over the next few days in light of the recent monetary policy easing by RBI. […]

  • ENTREPRENEURS
    Inoperative EPF accounts to earn interest from 1 April

    EPF accounts are deemed inoperative when there is no contribution for 36 months. Such accounts stopped earning interest from financial year 2011-12. Photo: Ramesh Pathania/Mint New Delhi: The government on Tuesday reversed a five-year-old decision and announced that inoperative employees provident fund (EPF) accounts will earn interest, a move that will cheer millions of workers. […]

  • STARTUPS
    Domestic venture capital funds proliferate as HNI interest in start-ups grows

    Anil Joshi, co-founder of Unicorn India Ventures, says the number of people who see start-ups as an investment asset class has grown in the last one-and-a-half years. Photo: S. Kumar/Mint Mumbai: Domestic early-stage venture capital (VC) funds are proliferating in an effort to tap increasing demand from rich individuals and investment offices of business families […]