Usage of credit card abroad attracts various kinds of charges which can inflate your credit card bill quite a lot. Some of these charges include foreign currency conversion fee, transaction charge, cash withdrawal fee, etc. plus the mark-up charges as applicable.

The unpredictability of events in life and the uncertainty of life itself lend significance to life insurance.  Life insurance protects the near and near ones from the unexpected vagaries of life such as road, rail or air accidents, critical illnesses such as cancer, stroke, heart attack, paralysis, etc. and from the eventuality of death itself.

Mutual fund houses launch bond funds for conservative investors who expect steady returns on their investments. That apart, bond funds are also more tax-efficient than fixed deposits for investors in the higher tax bracket. However, there are certain risks associated with bond funds. Let us examine the kind of risks that bond funds are exposed to.

If you are among those who rush to invest in initial public offers (IPOs) of companies, you need to know how to decide which IPOs to invest in and which ones to avoid. If you go by the hype and the hoopla in the market, you may be in for a shock if the company goes down under.

The movement in rupee has different implications for different sectors and funds. Read on to find which sectors have outperformed in the last one year.

KEC Internationalhas won new orders for a consideration of Rs. 1,010 crore. The stock of KEC International witnessed volatile trade where it hit a high and low of 2 per cent and 1.2 per cent, respectively and ultimately closed flat.

The company has received Letter of Acceptance from Maharashtra State Road Development Corporation for construction of access controlled on Nagpur-Mumbai super way. The company is also declared L1 for three other projects in Delhi and Karnataka.

Following stocks are close to their 52-week low as at 12.40 p.m. on August 31, 2018.

The markets on August 31, 2018 opened down. BSE Sensex is trading at 38,586.03, down by 104.07 points and the Nifty is trading at 11,654.45, down by 22.35 points. 

PNC Infratech has received Letter of Award (LoA) from Maharashtra State Road Development Corporation for a contract worth Rs. 1,999.52 crore.