The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
'... as has been happening in the last three weeks, then the foreign exchange reserves will not be comfortable to ensure that the rupee does not fall drastically.'
The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
Evaluate recurring investment products and do the numbers before making any investments.
The yellow metal is a safe bet in the long run.
Take a moment to consider ways to improve your finances.
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
Money saved is money earned, and cutting down your expenses could well be the single-most important step towards an organised financial life. Naval Goel shows you how to keep your finances organised.
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
He is accused of multi-year visa fraud, involving forged and fraudulent documents to get visas such as H1B for over 200 foreign workers.
There will be higher charges for bank account-holders.
Experts have been talking about the perils of being uninsured or underinsured.
A Parliamentary panel examining the Lokpal bill may recommend that the proposed anti-corruption watchdog be a single window stop for probing all corruption complaints against government functionaries by ending multiplicity of investigating agencies to investigate graft cases.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
Payments banks are niche banks set up by the Reserve Bank of India to further the agenda of financial inclusion.
Make yoga your way of life and enjoy the unconditional and uncountable benefits leading to better physical and financial health, says Harjot Singh Narula
Don't let knotty financial issues weaken your marital bond. Heavy liabilities of one partner have the potential to sour a new relationship. So, develop a plan for how you will deal with these.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
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.
They say new rules that make over-billing by private hospitals a criminal offence will hurt their ability to treat patients properly, says Subir Roy.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The Central Board of Direct Taxes is set to rationalise I-T rules.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
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!
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
Payment banks may not be viable option to attain financial inclusion.
Finance Minister Arun Jaitley announced several reforms.
The government, he said, has implemented 'bold reforms'.
Calculate his monthly expenses, health care spending, how much funds will he need once he retires, and whether his current savings and investments will enable him to manage his lifestyle through retirement, suggests Ashok Kumar E R, CEO and co-founder, Scripbox.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
When the Centre collects money through cess, it can retain the entire fund for the particular scheme.
Generally, most Indians are under-prepared for their post-retirement life. Many middle class private sector employees end up consuming their PF accumulations for variety of other reasons like marriage of their children, medical treatment or purchase of house, etc., says Anil Chopra- Group CEO & Director- Bajaj Capital
