'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'
People with no knowledge of coding or computer languages can use vibe coding using plain English command with AI-assisted software development.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
At a time when rising prices are fast depleting the value of money, there may be some good news for millions of savers.
From April 1, 2010, interest on all savings bank account deposits is being calculated on a daily basis, thereby earning account holdres higher interest income.
Make children realise that money is earned through hard work and used to buy necessary things.
When the market is down, you can buy more units, which offers you the rupee cost averaging. But the question here is, with so many options available in the market, which one should you choose? Keep reading to get the answer.
We did an analysis comparing investments made from a savings bank account with that made from a debt fund. The results are there for all to see.
Vidhie Mukerjea, a key witness in the Sheena Bora murder case, denied making a statement to probe agencies, claiming documents in the CBI chargesheet were forged. She also alleged that Rahul and Rabin Mukerjea stole her mother's assets and had a motive to falsely implicate her.
'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'
Dismissing the petitions of former Price Waterhouse auditors -- S Gopalkrishnan and Talluri Srinivas who sought defreezing of their bank accounts, special judge BVLN Chakravarti considered CBI's contention that further investigations is pending in the case at this stage.
At the end of the day, this isn't about choosing between EMIs and SIPs. It's about choosing your path to financial freedom.
With a balance sheet size of Rs 22,000 crore (Rs 220 billion), we are a meaningful player in our home country, says Rana Kapoor.
The Supreme Court judges' filings revealed a generally conservative financial ethos, emphasising stability and long-term savings.
The Maharashtra government has transferred Rs 17,505.90 crore into the bank accounts of 2.38 crore women beneficiaries under its Ladki Bahin Yojana till December 2024, in the first five months after the scheme was launched. The scheme, launched in August 2024, provides financial assistance of Rs 1,500 per month to eligible women. The objective of the scheme is to promote employment and economic development by providing adequate facilities to women and girls in the age group 21 to 65 years. The scheme aims to promote the empowerment of women and girls and improve the health and nutritional status of women and children dependent on them.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
The Securities and Exchange Board of India (Sebi) plans to mandate the UPI block mechanism, also known as the ASBA-like facility, in the secondary market for Qualified Stock Brokers (QSBs). QSBs are brokers with larger client sizes and thus more significance in the market ecosystem.
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
rediffGURU T S Khurana answers readers' personal income tax queries.
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.
We asked you, dear readers to share your best tips on saving money. Rajarshi Pathak, 34, from Bengaluru shared these tips.
Analysts are of the view that long-term investors could continue to hold the stock, irrespective of the MSCI development.
Prime Minister Narendra Modi on Friday sounded the poll bugle in Bihar, where assembly elections are due this year, calling for 'an NDA government, once again', which would protect the state from the 'evil intentions' of the Rashtriya Janata Dal-Congress combine.
HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.
The Madras high court has refused bail to two persons, said to be the members of the banned organisation LTTE, who attempted to loot Rs 40 crore lying idle in the savings bank account of a dead man.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Usually, banks will offer a lower credit limit to a first-time borrower and subsequently increase it as the borrower builds a repayment track record.
'Save the entire chain of e-mail exchanges so that you have documented evidence to show you informed the bank about the issue.'
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday. The blog post came amid the recent crisis around Paytm Payments Bank Limited (PPBL), an associate company of Paytm, which has been barred by the RBI from accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'
Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.
Net household savings declined sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years to 2022-23, according to the latest National Account Statistics 2024 of the Ministry of Statistics and Programme Implementation. The net household savings peaked at Rs 23.29 lakh crore in 2020-21.
Ask your bank to save for you. Plan your taxes. Reward yourself for your addictions... Chartered accountant Shreya Jaiswal's 10 ways to make more money this year.
The Department of Posts was one of the 11 entities to get the in-principle nod from the Reserve Bank of India in 2015 for setting up a payments bank.
The RBI also allowed banks to levy ATM charges beyond 5 transactions for the same bank's account holders.
Investments made in liquid funds, which invest in short-term debt instruments, offer better returns for retail investors than parking money in savings bank account, says a study.
