Search results for ' Interest Calculator'

Supreme Court bar assn chief trashes predecessor's letter to CJI

Supreme Court bar assn chief trashes predecessor's letter to CJI

Rediff.com7 Dec 2023

Supreme Court Bar Association (SCBA) president Adish C Aggarwala Thursday wrote to Chief Justice of India D Y Chandrachud expressing "shock" at an open letter to the head of the judiciary by a senior member of the bar.

Higher oil prices threaten India Inc's profit margins

Higher oil prices threaten India Inc's profit margins

Rediff.com4 Oct 2023

The recent surge in crude oil prices could shave off the gains made by India Inc in profit margins in the past few quarters. Worse, it comes at a time when consumer demand in the country is slipping and major global economies are witnessing a slowdown. A back-of-the-envelope calculation suggests that the margin expansion accounted for three-fourths of the rise in the listed firms' operating profit between the April-June quarter (Q1) of FY23 and Q1FY24, and only a quarter of profits gains came from revenue growth.

Investing In Shares? How Technical Analysis Can Help

Investing In Shares? How Technical Analysis Can Help

Rediff.com7 Nov 2023

Technical analysis can help you understand market trends so that you can make informed investment decisions, says Rupak De, senior technical analyst at LKP Securities.

Interim Budget: No, Just A True Vote On Account!

Interim Budget: No, Just A True Vote On Account!

Rediff.com1 Feb 2024

She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.

Some headwinds emerge for India's cement sector amidst high valuations

Some headwinds emerge for India's cement sector amidst high valuations

Rediff.com1 Oct 2023

The sector may be overcrowded with a fair number of large players and the entry of the Adani Group through its two key acquisitions, followed by the takeover of majority stake in Sanghi Industries via Ambuja Cements. Since every major player is in expansion mode, there could be a capacity surplus and hence, price wars.

India's Discoveries Haven't Received Attention They Deserve

India's Discoveries Haven't Received Attention They Deserve

Rediff.com6 Sep 2023

In the ancient world there is a great deal of give and take and reciprocal learning. India was an integral and important constituent of such interchanges of goods and ideas.

Indians Work Harder Than Chinese, Americans

Indians Work Harder Than Chinese, Americans

Rediff.com15 Nov 2023

But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.

'I earn Rs 2 lakhs per month but can't save. Please help'

'I earn Rs 2 lakhs per month but can't save. Please help'

Rediff.com21 Nov 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.

Cong fields Shivakumar's MP brother in K'taka as 'backup' to thwart BJP plot

Cong fields Shivakumar's MP brother in K'taka as 'backup' to thwart BJP plot

Rediff.com20 Apr 2023

According to several Congress functionaries, Suresh filed his papers as a "backup plan" in the event of the nomination of Shivakumar getting rejected.

AMAZING! The Class 9 Dropout Who Is Building Helicopters

AMAZING! The Class 9 Dropout Who Is Building Helicopters

Rediff.com17 Feb 2024

'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'

PV sales touch record high in 2023 at 41.08 lakh units, SUVs continue strong growth

PV sales touch record high in 2023 at 41.08 lakh units, SUVs continue strong growth

Rediff.com1 Jan 2024

Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023.

Want To Opt For EPF-EPS Joint Scheme?

Want To Opt For EPF-EPS Joint Scheme?

Rediff.com2 Mar 2023

Before opting for this scheme, consider how EPS is calculated.

'Can MFs Save Enough For My Retirement?'

'Can MFs Save Enough For My Retirement?'

Rediff.com17 Oct 2023

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Can Terrorists Make Money From Markets After Attacks?

Can Terrorists Make Money From Markets After Attacks?

Rediff.com26 Dec 2023

The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.

Interest rates to rise further

Interest rates to rise further

Rediff.com20 Feb 2007

With inflationary expectations on the rise, bankers feel that interest rates would go up further in the coming weeks.

SC to govt on loan interest waiver: 'Diwali is in your hands'

SC to govt on loan interest waiver: 'Diwali is in your hands'

Rediff.com14 Oct 2020

The Supreme Court on Wednesday said the Centre should implement "as soon as possible" the interest waiver on loans of up to Rs 2 crore under the RBI's moratorium scheme in view of the Covid-19 pandemic, saying the common man's Diwali is in the government's hands.

Why Filing Deceased's ITR Is A Must

Why Filing Deceased's ITR Is A Must

Rediff.com28 Jul 2023

Non-compliance can also result in legal complications and disputes with the tax authorities.

'I earn Rs 30k per month. Help me save and invest'

'I earn Rs 30k per month. Help me save and invest'

Rediff.com1 Sep 2023

rediffGURU Hemant Bokil answers your personal finance queries

Here's how tax exemption hike on housing loan interest benefits you

Here's how tax exemption hike on housing loan interest benefits you

Rediff.com5 Jul 2019

A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9% interest rate would, under the Rs 3.5 lakh interest exemption, will save Rs 105,000 in tax in the first year, against Rs 60,000 under the previous interest exemption of Rs 2 lakh.

Will Vasundhara Endorse Gehlot's Schemes

Will Vasundhara Endorse Gehlot's Schemes

Rediff.com4 Dec 2023

The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

All you want to know about advance tax

All you want to know about advance tax

Rediff.com13 Sep 2022

September 15 is the deadline for paying the second instalment of advance tax. This is income-tax (I-T) taxpayers need to pay every quarter, instead of a lump sum at the end of the year. Ashutosh K Srivastava, senior associate, SKV Law Offices, says, "The tax has to be usually paid when income is earned. "Nonetheless, according to the I-T Act, the taxpayer has to estimate his income for the entire financial year. Based on that, he/she pays tax at specific intervals."

'17 minutes of terror': ISRO all set for Chandrayaan-3's moon landing

'17 minutes of terror': ISRO all set for Chandrayaan-3's moon landing

Rediff.com22 Aug 2023

The entire process being autonomous when the lander has to fire its engines at the right times and altitudes, use the right amount of fuel, and scan of the lunar surface for any obstacles or hills or craters before finally touching down.

Banks don't want changes in MCLR calculation: RBI

Banks don't want changes in MCLR calculation: RBI

Rediff.com12 Feb 2018

Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

Rediff.com12 Jan 2024

'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'

'How to file revised IT return?'

'How to file revised IT return?'

Rediff.com27 Dec 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Your savings account will earn daily interest

Your savings account will earn daily interest

Rediff.com22 Apr 2009

At present, the interest is calculated on the minimum balance held in the account from the 10th of each month to the last day of that month. So, if a bank customer has Rs 1 lakh in his savings account one day and then Rs 100 another day, the minimum balance taken for calculation of interest in the period would be Rs 100. But, from April 1, 2010, the interest will be paid on the daily minimum balance. This means even the Rs 1 lakh balance will earn the customer interest.

EMIs Shouldn't Exceed 40% Of Income

EMIs Shouldn't Exceed 40% Of Income

Rediff.com6 Jan 2023

Make sure buying a house won't lead to compromises on other crucial financial goals.

PM tells students: I never calculate how many hours I work

PM tells students: I never calculate how many hours I work

Rediff.com9 May 2015

Prime Minister Narendra Modi on Saturday advised students to remain focused on their goals and not to judge their life through the prism of success or failure.

RBI simplifies gold monetisation scheme

RBI simplifies gold monetisation scheme

Rediff.com22 Jan 2016

Banks can also allow the depositors to deposit their gold directly with the refiners.

You will get interest rate on savings account every quarter

You will get interest rate on savings account every quarter

Rediff.com15 Mar 2016

On higher amounts, banks are allowed to offer differential rates to depositors.

What Is Your 2024 Game Plan, Modiji?

What Is Your 2024 Game Plan, Modiji?

Rediff.com4 Dec 2023

By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.

What To Check In Your Form 16

What To Check In Your Form 16

Rediff.com14 Jun 2023

Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.

PPF: Why Timing Is Important

PPF: Why Timing Is Important

Rediff.com14 Apr 2022

While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.

Reasonably priced stocks of oil marketing cos to gain

Reasonably priced stocks of oil marketing cos to gain

Rediff.com6 Jul 2023

Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.

Pakistan's nukes expected to number 200 by 2025: Report

Pakistan's nukes expected to number 200 by 2025: Report

Rediff.com14 Sep 2023

"We estimate that Pakistan now has a nuclear weapons stockpile of approximately 170 warheads. The US Defense Intelligence Agency projected in 1999 that Pakistan would have 60 to 80 warheads by 2020, but several new weapon systems have been fielded and developed since then, which leads us to a higher estimate," the Nuclear Notebook column published in the Bulletin of the Atomic Scientists on September 11 said.

RIL lags as markets near new highs; investors fret over rising debt

RIL lags as markets near new highs; investors fret over rising debt

Rediff.com6 Jun 2023

Reliance Industries (RIL) was the top-performing index stock on Friday (May 26) and closed the day with gains of 2.8 per cent, against a 1 per cent rise in the benchmark S&P BSE Sensex during the day. RIL's performance on the bourses on Friday was, however, an exception, and the stock has struggled to beat the broader market for nearly two years now. The company's share price is currently at the same level as in September 2021, while the benchmark index is up 6 per cent in the period.

'India must have its place in the sun'

'India must have its place in the sun'

Rediff.com18 Sep 2023

'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'

Sebi mulls bringing in new expense structure for mutual funds

Sebi mulls bringing in new expense structure for mutual funds

Rediff.com8 Apr 2023

The Securities and Exchange Board of India (Sebi) is discussing with mutual funds (MFs) a proposal on introducing new total expense ratio (TER) slabs linked to the total equity and debt assets by replacing the current ones that are linked to assets of an individual scheme. Senior MF executives confirmed that Sebi had held discussions on this matter with AMCs. Such a change is expected to lead to a lower TER cap for bigger asset management companies (AMCs).

What Are Dividend Yield Funds?

What Are Dividend Yield Funds?

Rediff.com5 Jun 2023

High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.