In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
The raising of the entry age in NPS has opened up an attractive new investment avenue for senior citizens, says Arnav Pandya.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
'Policy was more in line with the expectations.'
GPS devices will enable real-time money transactions
Start now, and sail through your tenure like a pro!
One can expect significant changes at India's banks in ensuing months.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
Finance Minister Arun Jaitley announced several reforms.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
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
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
There's a long way to go before human beings are replaced by machines -- in banks at least.
Ravi Gopalakrishnan, head-equities, Canara Robeco Mutual Fund, tells Ashley Coutinho that earnings growth will pick up once the benefits of reform initiatives accrue.
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
The new tax rates will come into effect from January 1, 2019.
From Singapore to Almora, Abhishant Pant has survived without cash, and he wants to continue in that state all his life.
'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'
Women have been leaving the investment decision to husbands.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Rose Valley is one of the biggest money businesses after Sahara.
The DMK has been alleging that the AIADMK government was being controlled by the BJP government at the Centre.
Depending on your liquidity requirement, invest in the right debt instruments.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
Sebi, which has been given powers to take action against all unregulated money pooling schemes worth over Rs 100 crore (Rs 1 billion) besides all public issuances of securities, has issued this fresh caution notice at a time when a large number of people have been duped by numerous schemes in various states and enforcement action is underway against such operators.
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.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...
The two-day nationwide strike called by central trade unions to protest the Centre's alleged anti-worker policies evoked mixed response all over country on Tuesday.
The overdraft facility has been sanctioned in only 40,000 accounts
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The one common theme across companies that have rewarded shareholders is consumption.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances