It makes sense to shift to a home loan provider offering a lower interest rate or make occasional prepayments by using bonuses or other windfalls, says Sanjay Kumar Singh.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
'It looked as if India had been a major player in science at that time, raising the question when and why things changed,' says distinguished aerospace scientist Professor Roddam Narasimha.
Amartyada, says Omkar Goswami, thank you for being the humane, caring and socially concerned economist that you are.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
Chushul and Depsang are not vital in this game of Chinese checkers, the Indian Ocean Region is. Keeping our maritime prowess restricted has to be a key Chinese strategic interest and it would appear that the LAC affair has helped China achieve its aim, points out Vice Admiral Premvir Das (retd).
The Union Budget announcement of a minimum support price (MSP) that will be 50 per cent more than the cost of production has started a debate on the calculation of cost. Ramesh Chand, member, NITI Aayog, speaks to Sanjeeb Mukherjee on this and related issues.
A look at how finance charges and other fees are calculated on your credit card expenses.
While buying a property do not go by what everyone around says, evalaute the situation as per your requirement.
While buying a property do not go by what everyone around says, evalaute the situation as per your requirement.
'Why do they highlight only negative things on the Weekend Ka Vaar episode?'
The Afghan tradition of gaining control of areas does not necessarily involve combat. Most engagements are settled through negotiations and pay-offs before battle is joined. This style of fighting is peculiar to Afghanistan, explains Ajai Shukla, who witnessed such a transaction between the Taliban and the Northern Alliance in November 2001.
'Will you declare MSP for 100 odd crops that the farmers of India grow?'
Pushed by rising prices of essential kitchen items, the retail inflation rose to an eight-month high of 7.34 per cent in September, making the RBI's task to push growth by reducing the interest rate even more difficult in coming the days. The Consumer Price Index (CPI)-based inflation was 6.69 per cent in August and 3.99 per cent in September 2019. Inflation has been hovering above 4 per cent since October 2019.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
Even if you get a bit late in buying things you need, it is always better to avoid debt traps, advises Vishwajeet parashar
'You need to be very passionate towards life, not because you are a film-maker, but because you are a human being.' 'If you can do that, then I think it reflects in the films that you make.'
Rohit Gawli, who co-founded The Lokal Kitchen in the lockdown, shares some interesting career lessons.
Banks seems to be upset over RBI's move over rate cut.
The study noted that nine of 30 large states -- Madhya Pradesh, Bihar and Telangana, Jharkhand, Uttar Pradesh, Maharashtra, West Bengal, Odisha, and Gujarat -- have high vulnerability to be impacted by the COVID-19 pandemic.
To make the scheme attractive, the government has announced a rate structure wherein the operators may take the optical fibre on lease and provide broadband connectivity to customers.
'If the EPS government falls, Sasikala will return. If EPS wins, he will become an indispensable leader and Sasikala will not be able to return.' T E Narasimhan reports.
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
It's important to keep the momentum going leading up to the exam. Be consistent in your approach so you can reach your goals, says JEE educator Om Sharma.
The Board of Control for Cricket in India has tied up with UK-based company Sportradar, which will offer its "integrity services" to prevent match-fixing, betting and other corrupt practices during the upcoming IPL through its Fraud Detection Services (FDS).
Terming as "retrogade" and "highly discriminatory" the recent Union Public Service Commission notification on regional langauges, Tamil Nadu Chief Minister J Jayalalithaa on Wednesday said they appeared "to be calculated to bias the system against Civil Service aspirants from non-Hindi speaking regions".
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
The White House has said the forthcoming book by John Bolton is "full of classified information"
Incomes such as dividend, interest on tax-free bonds, eligible gifts, etc should also be reported even though they are tax exempt, suggests Sanjay Kumar Singh.
'He felt that he had no place in the BJP and he was wrong.'
Aakar Patel looks forward to Prime Minister Modi's speech at the bhoomi pujan for the Ram temple in Ayodhya next week. It will be entertaining and stirring, predicts Aakar, and make lots of promises that he most likely won't be able to keep.
A fundamental analyst pegs a PE as "high", "low", or "fair-value", depending on EPS projections. Fair-value is a subjective calculation, based on earnings expectations and interest rates (the benchmark of risk-free returns). The theory is that PE will correct from the high or low end to fair-value.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
The RBI's recent moves to calculate interest rate on a daily basis and increase the interest rate on savings accounts to 4 per cent is already hurting the banks, he said, adding that the IBA recently wrote to the RBI about its reservations on the subject.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate home and auto loans, but the RBI said loans to micro, small and medium enterprises (MSMEs) should also be linked to an external benchmark.
Banks are cheating customers with rates that are unfairly high, discriminatory, and opaque, denying legitimate savings to borrowers, while the RBI has been looking the other way, says Debashis Basu.
The phased reopening and regulated relaxations of many key industries have paved the way for a slight recovery in hiring activities but hiring is still down by 47 per cent in July 2020 compared to the same month last year.
The map below shows the classification of this score into Mostly Dirty, Somewhat Clean and Mostly Clean.
Tax expert Mahesh Padmanabhan answered readers' tax queries in an online chat on January 18.
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