The amount saved in a PPF account is actually saving for a rainy day.
God forbid, if bad days fall upon someone and debts pile up. A fascinating excerpt from Anil Lamba's Financial Affairs Of The Common Man: Master The Art Of Personal Finance Management.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.
The sector faces many challenges and calls for prompt corrective action.
The Indian Navy has just one aircraft carrier. The INS Vikramaditya carries just 26 unreliable MiG-29 fighters and 10 helicopters -- an insufficient capability to battle a serious foe.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
Thyrocare founder Arokiaswamy Velumani shares his success story with Anjuli Bhargava as he remembers the one person who stood by him through it all.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
'China made it evident that neither the swing-ride at Ahmedabad nor the red carpet at New Delhi worked, by timing its muscle-flexing in Ladakh to coincide with Xi's visit.'
Turns down firm's plea for stay on CCI order; final order pending
Indian economy about to take-off
India Inc is encouraged by a determined Budget.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Prem Panicker, on the Rediff chat, delves on what went wrong for Team India and what to expect from Sunday's trans-Tasman World Cup final.
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