After two surprising, successive rate cuts in January and February 2015, RBI governor Raghuram Rajan decided not to reduce them further in his first policy announcement in the new financial year. Is he playing spoilsport for consumers of homes and cars?
There are other charges too that you need to budget for
'While we note the very strong cyclical recovery in the economy, we believe there is still uncertainty over medium-term prospects.'
The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay high court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe. The Central Bureau of Investigation (CBI), on the other hand, claimed that he was trying to avoid probe. Dhoot, arrested by the CBI on December 26, 2022, and presently in judicial custody, has moved the high court seeking to quash the First Information Report, and has also sought interim bail.
Before taking the plunge and being a co-applicant, make sure that you are aware of the rights and responsibilities that come with it!
Don't hit the buy button as soon as you hear of the next BIG online sale this Diwali. Here are some very important lessons -- in the light of how some online shoppers felt cheated after Flipkart's 'Billion Day Sale' -- that could save you time, money and peace of mind, says Rajiv Raj!
A fall in home loan rates since last September as well as a few provisions in the Union Budget 2016-17 are working in favour of the home buyers, says Rajiv Raj
Just in case you have surplus funds and are thinking about it, here are some pros and cons you must know...
Here's what the 44th President of the United States can teach you about making money.
How should you, as a consumer, be prepared for a rate cut, if any? Read on to find out more.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries about HEALTH insurance and AUTO insurance.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
A woman can do many wonderful things if she wishes to, and one of them is to grow her money.
You are already a superwoman! Now add another feather to your cap by driving your own financial planning.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
Here's a dummy's guide to the home loan fee maze
One might wonder what's wrong if one were to get the best of both worlds by buying one product. There are basically two problems... cautions Rajiv Raj
Being careless with money is often associated with bad financial habits. If you are not aware of what these bad habits are, here is a list that could well serve as a caution.
Women are multitasking and management queens. The pointers here can easily be managed by all women along with juggling their current tasks at hand. Superheroes are fictional whereas superwomen are real. They are all around us!
Worried about your financial future? Lord Ganesha has some tips for you.
You don't need to be intimidated by the thought of filing tax returns
The Bombay high court on Friday heard prosecution and defence arguments on the applications of former ICICI Bank CEO and MD Chanda Kochhar and her businessman-husband Deepak Kochhar, challenging their arrest by the Central Bureau of Investigation (CBI) in an alleged loan fraud case, and reserved its verdict which will be delivered on Monday. The Kochhars, along with Videocon group founder Venugopal Dhoot, were arrested by the CBI late last month for their alleged roles in the case and the trio is currently in jail under judicial custody. The Kochhar couple has termed their arrest as "illegal" on the ground that no sanction was obtained prior to the CBI action as required under provisions of the Prevention of Corruption Act (PCA).
It is not very easy to wriggle out of your role as a guarantor in case the original borrower defaults. Nevertheless, you can still come out of the situation with your credit record intact.
Whatever your income, we show you how to live the rich life.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
Managing your own money is empowering. And if you haven't started yet, now is the perfect time!
If you have recently been laid off or are worried that your neck may be in the line, it is natural to be worried about your finances. But worrying, as you know, will not get you anywhere. Here are some tips about what you can do to keep the boat from rocking and keep your CIBIL score intact while doing so.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.
Work hard, earn more, save well, invest wisely and love your money. But, love yourself first!
If you are raring to go this festive season, here are a few tried and tested tips to help you avoid online shopping pitfalls.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
We have compiled a list of key factors which led to Warren Buffett's coveted success.
Some people were so great, Modi said, that attempts were made to make their contributions forgotten for 70 years but these met with no success.
If you have plans to buy a new home in 2015, there's good news for you