News for 'Small Savings'

Netanyahu's War On Iran Has No Future

Netanyahu's War On Iran Has No Future

Rediff.com16 Jun 2025

An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.

'Retirement Goal: Rs 2 Cr. Possible?

'Retirement Goal: Rs 2 Cr. Possible?

Rediff.com10 Jan 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Fund managers improve large-cap performance and stumble on small-caps

Fund managers improve large-cap performance and stumble on small-caps

Rediff.com18 Oct 2023

Fund managers of large-cap and equity-linked saving schemes (ELSS) have demonstrated a marked improvement in their performance over the past year, according to the latest SPIVA (S&P Indices Versus Active) report released by S&P Dow Jones Indices. In the one-year period ending June 2023, 17 per cent of active large-cap schemes outperformed the S&P BSE 100, compared to just 9 per cent at the end of June 2022. In the case of ELSS, there was a sharp improvement in performance, with 66 per cent of active schemes delivering better returns than the benchmark S&P BSE 200.

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Rediff.com14 Apr 2025

Fuelled by rising disposable incomes and growing awareness about disciplined investing, monthly SIP inflows across the mutual fund industry could scale up to Rs 40,000 crore over the next 18-?24 months, according to Madhu Nair, CEO of Union Asset Management Company (AMC). SIP inflows stood at Rs 25,925 crore in March, although the industry has witnessed a declining trend over the past four months amid heightened market volatility triggered by frequent US tariff changes.

'Zero-For-Zero Tariff Is Best Medicine For India'

'Zero-For-Zero Tariff Is Best Medicine For India'

Rediff.com21 Apr 2025

'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Rediff.com1 Feb 2025

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.

Revenue up, but TaMo profit down 51%

Revenue up, but TaMo profit down 51%

Rediff.com14 May 2025

Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.

Why A Minecraft Movie Is SO Popular

Why A Minecraft Movie Is SO Popular

Rediff.com7 Apr 2025

Even if you don't play the game, you'll understand everything and have a good time, promises 9-year-old Minecraft gamer Avan Verma.

Golden Opportunity For Modi To Reverse Brain Drain

Golden Opportunity For Modi To Reverse Brain Drain

Rediff.com17 Apr 2025

President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

How to save lives in rain-scripted landslides

How to save lives in rain-scripted landslides

Rediff.com2 Aug 2024

An accurate early warning system that correlates rainfall and the potential for landslides. That is the imperative, say experts as rains create havoc in hills across India and the toll mounts in Kerala's Wayanad slopes where landslides buried entire homesteads and possibly hundreds of people.

Citing 'oversight', Sitharaman rolls back cut in interest rates

Citing 'oversight', Sitharaman rolls back cut in interest rates

Rediff.com1 Apr 2021

Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being seen as an attempt by the ruling Bharatiya Janata Party to contain the fallout of a decision hitting the common man in the ongoing elections in West Bengal, Assam and three other states.

'Small Caps Look Attractive'

'Small Caps Look Attractive'

Rediff.com29 Jul 2022

'The potential headwind is that the Indian economy is likely to see a slowdown in growth rates over the next two years.'

Vijay To Farmers: 'I Will Stand By You'

Vijay To Farmers: 'I Will Stand By You'

Rediff.com21 Jan 2025

'I felt this is the right place to start my (political) journey.'

Interest rates on PPF, NSC remain unchanged for Q2

Interest rates on PPF, NSC remain unchanged for Q2

Rediff.com30 Jun 2021

In a relief to savers, the government on Wednesday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the second quarter of 2021-22 amid the COVID-19 pandemic. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the second quarter as well. "The rates of interest on various small savings schemes for the second quarter of the financial year 2021-22 starting from July 1, 2021, and ending on September 30, 2021, shall remain unchanged from the current rates applicable for the first quarter (April 1, 2021 to June 30, 2021) for FY 2021-22," the finance ministry said in a notification.

Djokovic closes in on career landmark; Eala's dream run halts

Djokovic closes in on career landmark; Eala's dream run halts

Rediff.com28 Mar 2025

The Serbian 24-times Grand Slam champion trailed Korda 5-2 in the second set but broke the American as he served at 5-3 and his precise and powerful serving carried him to the finish.

'An All-Out Budget For Middle Class'

'An All-Out Budget For Middle Class'

Rediff.com7 Feb 2025

'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'

Top-Up SIPs Make More Money Than SIPs

Top-Up SIPs Make More Money Than SIPs

Rediff.com27 Jan 2025

Meet the game-changer in mutual fund investments, explains Anamika Pareek.

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

'I earn Rs 2 lakhs per month but can't save. Please help'

'I earn Rs 2 lakhs per month but can't save. Please help'

Rediff.com21 Nov 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.

Budget sets a comprehensive blueprint for India's economic growth

Budget sets a comprehensive blueprint for India's economic growth

Rediff.com4 Feb 2025

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Kejriwal owns no house, car; declares assets worth...

Kejriwal owns no house, car; declares assets worth...

Rediff.com15 Jan 2025

AAP national convenor Arvind Kejriwal filed his nomination for the upcoming Delhi Assembly elections from the New Delhi constituency on Wednesday, declaring net assets totaling Rs 1.73 crore. According to Kejriwal's affidavit submitted to the Election Commission (EC), his assets include Rs 2.96 lakh in bank savings and Rs 50,000 in cash. His immovable assets are worth Rs 1.7 crore. The affidavit also revealed that Kejriwal owns no house or car. Kejriwal's wife, Sunita, has total assets worth Rs 2.5 crore, including a house in Gurugram and a small car. The couple's combined net assets are worth Rs 4.23 crore. Senior AAP leader and former Delhi minister Satyendar Jain also filed his nomination, from the Shakur Basti assembly constituency, declaring a net worth of Rs 4.4 crore.

Worried About High Home Loan EMI? MFs Can Help

Worried About High Home Loan EMI? MFs Can Help

Rediff.com15 Jan 2025

Here's how to own your dream home without paying excessive interest on your EMIs.

SIP Your Way To Rs 5 Cr Retirement Fund

SIP Your Way To Rs 5 Cr Retirement Fund

Rediff.com22 Jan 2025

The secret to building Rs 5 crore corpus lies in one simple decision. But the longer you wait, the more it costs you -- not just in money but in missed opportunities, says Ramalingam Kalirajan

TikTok restores service in US, thanks Trump for...

TikTok restores service in US, thanks Trump for...

Rediff.com20 Jan 2025

TikTok credited Trump's intervention for providing "clarity and assurance" to its service providers, enabling the app's rapid return.

'We just saved a child's life!'

'We just saved a child's life!'

Rediff.com4 Sep 2023

'After 11 years of medical education, training in various hospitals, giving various competitive exams and finally, if you're able to save a child's life at 20,000 feet above the ground, in the air, with limited resources, that is like an unbelievable feeling.'

'Mamata Has Crossed The Limit'

'Mamata Has Crossed The Limit'

Rediff.com22 Apr 2025

'The TMC can't go on forever taking advantage of the people's fright of the BJP.'

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

7 of 13 passengers killed in Jalgaon train tragedy hailed from Nepal

Rediff.com23 Jan 2025

Seven of the 13 people who died in a train accident in Maharashtra's Jalgaon district were from Nepal. The accident occurred when passengers on the Mumbai-bound Pushpak Express got off the train after an alarm chain-pulling incident and were run over by the Karnataka Express on the adjacent tracks. A fire rumour spread in the train, prompting passengers to jump off. The incident highlighted the dangers of chain-pulling and the need for better safety measures on Indian Railways.

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

GT Vs PBKS: Who Bowled Best Spell? Vote!

GT Vs PBKS: Who Bowled Best Spell? Vote!

Rediff.com26 Mar 2025

In the high-scoring contest, a few bowlers delivered notable performances, with R Sai Kishore and Vijaykumar Vyshak making a decisive impact.

FM unveils simpler tax law, middle class gets relief

FM unveils simpler tax law, middle class gets relief

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for middle class.

How To Turn Rs 1 Lakh Into Rs 1 Crore

How To Turn Rs 1 Lakh Into Rs 1 Crore

Rediff.com9 Jan 2025

Seems daunting? With right financial planning, patience, and commitment, this goal is entirely achievable, says Ramalingam Kalirajan. Here's how

Mumbai boat tragedy: 'People were screaming, crying'

Mumbai boat tragedy: 'People were screaming, crying'

Rediff.com19 Dec 2024

'In my career, I have never witnessed such an incident'

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

Bonus, tax relief on post office savings

Bonus, tax relief on post office savings

Rediff.com8 Dec 2007

The government on Friday announced a 5 per cent bonus on new monthly post office deposits. The bonus will be applicable for Post Office Monthly Income Accounts opened on or after December 8, the finance ministry said in a statement.

Save Rs 3,000, become a crorepati

Save Rs 3,000, become a crorepati

Rediff.com18 May 2007

All you need to do invest sensibly. Read on to find out more.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'