A day after a fierce gun-battle at Lakhanpur jungle in Jungle Mahal between Maoists and joint forces, West Bengal Chief Minister Mamata Banerjee on Friday appealed to them to give up violence and offered a fresh package. Promising security to Maoists who will surrender, Banerjee said, "We want Maoists to give up the politics of guns and violence and join the mainstream. Return to a normal life with your families."
Earlier, the top court said it had been "taken for a ride" by the Sahara group by its past conduct and asked it to submit a roadmap for paying the balance amount
In this interview with Rediff.com's Shobha Warrier, Ashok Kumar E R, the CEO and co-founder of Scripbox shares some more interesting observations about the way Indian women make financial decisions and offers advice on how, with the apt guidance and information, they could do a lot better.
Pension plans by mutual funds have a three-year lock-in like ELSS.
While it is suggested that withdrawals and loans against long-term instruments are not the wisest steps, if you really need to do so, here are a few options. . .
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
State Bank of India, the country's largest lender, has raised lending rates by 75 basis points (0.75 per cent), making all types of loans, including housing and auto, costlier for both new and existing borrowers.
The State Bank of India SBI has raised the benchmark lending rate by 50 basis points to 12.25 per cent.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
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After identifying the duo, the police used human and technical intelligence to track them.
The complainant, Dr T Suresh Babu, told his car driver to put the Rs 20 lakh cash, into the ED officer's car trunk.
As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
The RBI had earlier fixed September 30, 2023 as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public.
A number of non-convertible debentures have hit the market over the past year.
Former Telecom Minister A Raja's investment in shares and fixed deposits have increased by nearly 170 per cent from Rs 8.52 lakh to a little over Rs 23 lakh during one year.
Deposing before the special court on Tuesday, Sabesan said the CBI had given the bank a set of documents that it seized during its investigation into the Satyam scam and asked it to ascertain if they were issued by the bank.
Getting locked into instruments before the new regime kicks in would be a good strategy.
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
The Securities and Exchange Board of India is all set to begin the proposed peer audit review of the companies that form the Sensex and Nifty benchmark indices.
Existing long-term deposits with scheduled banks may not get income tax benefits under amended provisions of Section 80 C.
High deposit rates may put pressure on teaser home loan rates
Shailesh Mehta, founder & CEO, gurukulonline.co offers some valuable tips to counter the global crisis.
Most people starting their careers feel liberated that they are finally earning money and, can actually spend it without seeking it from parents. They forget several important things, saving for the future, creating a retirement corpus and taxes.
Traditional investments like fixed deposits are good and safe and one must have a part of their savings invested in such risk free options. However, your portfolio is not complete and balanced in the absence of stock investments.
BNBs are bonds issued by NABARD. They are basically zero coupon bonds, meaning you don't get any interest on them.
In the sharp media focus on stocks, FDs and gold, small savings schemes have been largely ignored by the public. But they must form a part of portfolio of every investor who is looking to save tax by investing small amounts.
For high networth individuals, IRFs could be a good hedge against loans or existing fixed deposits.
Monthly Income Plans are a good option for risk-averse investors looking for a higher return and more liquid alternative to bank fixed deposits. Also a list of best MIP mutual fund schemes for 2010.
Investors often get very excited when banks and companies offer returns of 8 per cent and 10 per cent because they seem extremely high.
Financial planning expert Vetapalem Sridhar on where to invest your money in 2009.
The government's borrowing programme will adversely impact returns from debt funds. Choose your funds carefully.
Besides giving good returns, small savings also offer a tax benefit says Arnav Pandya.
Chat with renowned financial planner Gaurav Mashruwala to get tips on how manage your finances wisely.
