Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan
Investors should invest in small saving schemes at present levels; these investments will fetch them attractive rates and be insulated against future changes.
Here is a profile of some of the popular small savings schemes.
Demonetisation is the biggest reason for the rise in preference for small savings.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Toaster is neither a laugh-out-loud comedy nor the kind of satire you would expect from a premise like this, notes Mayur Sanap.
Official sources said the government was of the view that while de-regulating, the rates on small savings' interest rates could either be cut 25 to 50 basis points or linked to the sovereign rate, which is the interest rate on government securities for a specific maturity. The move follows demands from banks and suggestions from RBI.
The panel, to be headed by Reserve Bank of India Deputy Governor Shymala Gopinath, will review the structure of the National Small Savings Fund and give recommendations on making schemes more flexible and market-linked.
Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).
RBI has also announced new guidelines to price loans from April 1.
'People told me to go back to school and leave climate issues to adults. But if adults had done their job, I wouldn't be here protesting.' At just 14, climate activist Licypriya Kangujam says children are paying the price for a crisis they did not create, while governments continue to make promises without delivering meaningful change.
Equity-oriented mutual fund schemes in India experienced a 5 per cent decline in net inflows in April, reaching Rs 38,440 crore, while monthly Systematic Investment Plan (SIP) contributions also saw a decrease.
The deposit facility for the women and girls will be for a period of two years with a rate of interest of 7.5 per cent, Sitharaman announced.
Explore Kangana Ranaut's remarkable cinematic journey from her impactful debut in Gangster to her career-defining role in Queen.
'Even lower middle class parents in cities opt for just one child. A son is a must.'
The smiling axolotl is everywhere at the World Cup in Mexico City. But behind the colorful murals and mascot statues lies a troubling reality: scientists say the critically endangered amphibian is becoming increasingly difficult to find in the wild.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
A devastating fire at a hotel in Malviya Nagar, New Delhi, resulted in the deaths of at least 21 people, including six foreigners. Investigations reveal severe fire safety violations, such as sealed windows, non-functional sensor gates, overcrowding, and the absence of a fire No Objection Certificate, which turned the building into a death trap.
Jackie Shroff is winsome in a role that leans on his faded charm as veteran star, notes Mayur Sanap, and there is effortless warmth he brings to Jagdish that makes even the simplest moments land.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
Delhi Chief Minister Rekha Gupta has directed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget, warning of potential fund reductions for departments failing to utilise allocated budgets effectively.
The next revision will make the rates similar to those of bank FDs.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.
Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".
Badminton player Jwala Gutta is raising awareness about the importance of breast milk donation, revealing she donated nearly 60 litres to hospitals in Hyderabad and Chennai.
In his first interaction with the media after taking charge, former PNB chairman and managing director K C Chakrabarty said, "When the government is giving a certain interest rate on small savings, it is not logically correct for banks to provide a lower rate of interest. When we are saying that interest rates are coming down, that means the small savings rate should also come down."
These schemes now cease to be lucrative in spite of a raise in most of their returns. Reason: These schemes are now linked to the market.
Chandigarh observed its first 'no car day' with officials using electric buses and bicycles, following the governor's appeal to cut fuel consumption and promote eco-friendly transportation.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
Delhi police have arrested two men, including the husband, in connection with the death of a 25-year-old woman who allegedly fell from a building in Inderpuri. The woman's family alleges dowry harassment and violence leading up to her death.
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
