With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how
The private demand is still not picking up and the funds under market stabilisation scheme are also maturing.
The National Housing Bank on Tuesday hiked the interest rates on its capital gains bonds by 0.25-0.35 per cent effective from December 1.
Ruling out upward pressure on interest rates in the near future because of high market borrowings, the government on Tuesday said it will not go for additional borrowings due to the impact of erratic monsoons as tax receipts are expected to be robust.
''There is not a single day in my life when I don't look at Sweta and Abhishek with pride, for being such fine human beings.'
Inflation and interest rates seem to be on top of everyone's mind at the moment.
The popularity of US President Donald Trump is waning with approval ratings at its lowest, according to former diplomat Mahesh Sachdev, who notes that with two-thirds of Americans not approving of a continuation of the war on Iran, Trump faces the risk of being impeached.
Suryakumar Yadav's recent batting form has raised questions about his place in India's T20 plans, especially with the 2028 Olympics on the horizon and the emergence of young talent like Vaibhav Sooryavanshi.
High oil prices are expected to push up inflation to 3.9 per cent in the next three months, hardening interest rates, economic think-tank IEG has said.
With improvement in the fiscal status of the Union government, interest rates will continue to remain low over the long term, according to Vijay Kelkar, advisor to Union finance minister.
The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of banks. Interest rate on Public Provident Fund (PPF) has been reduced by 0.7 per cent to 6.4 per cent while National Savings Certificate (NSC) will now earn 0.9 per cent less at 5.9 per cent. Interest rates for small savings schemes are notified on a quarterly basis. The rates of interest on various small savings schemes for the first quarter of the financial year 2021-22 starting from April 1 has been revised, the finance ministry said in a notification.
With the reduction, term deposits of 1-3 years will now fetch an interest rate of 5.5 per cent from the existing 6.9 per cent.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
Investors with stalled projects and mounting bad debt will refinance their loans.
Today, predictability has replaced volatility. When 200 becomes routine and chases follow a template, the element of surprise goes out the window and with it viewer engagement.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some "anti-national" activity. Known for his frank views, Rajan also said it was important to remember that the "war against inflation" is never over. "Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing," he said in a LinkedIn post.
Ratheesh Balakrishna Poduval's latest film Oru Durooha Sahacharyathil (Under Mysterious Circumstances), showcases both his directorial strengths and inconsistencies, starting as a compelling tale of brotherhood before shifting awkwardly into a psychological study.
Sweden has the world's highest negative rate.
A Delhi court has convicted Congress MLA Rajendra Bharti in a cheating case involving forgery of bank documents and conspiracy to defraud a bank.
The bank will give 3.25 per cent interest on savings bank deposits with a balance exceeding Rs 100,000. At present, the interest rate is 3.5 per cent.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
The National Stock Exchange said it has postponed its proposed launch of trading in interest rate futures, earlier set for Friday.\n\n\n\n
There has been demand to hike the PF interest rate to 8.90 per cent.
Vijay Varma continues to impress critics and fans with his performance in 'Matka King', prompting a look back at his most defining roles, from the conflicted cop in 'Monsoon Shootout' to the chilling antagonist in 'Darlings'.
Former India opener Virender Sehwag has revealed why Delhi Daredevils chose Pradeep Sangwan over a young Virat Kohli ahead of the inaugural Indian Premier League season in 2008.
Interest rates are expected to remain stable for now despite the Reserve Bank squeezing money supply through a hike in percentage of cash that banks must keep in reserve, ICICI Managing Director and CEO K V Kamath said. Kamath said at this point of time the market has not judged which way interest rates are going, but if yield on 10-year government bond is taken as an indicator, there is in fact a drop in interest rates. The RBI had last month announced a 0.75% hike in CRR.
Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.
State Bank of India and Canara Bank said on Thursday interest rates are expected to remain soft and stable in the near future as inflation is down and there is ample liquidity with the banks. "Interest rates are expected to remain stable to down," SBI Chairman O P Bhatt told reporters before participating in a meeting of bankers and exporters with Finance Minister P Chidambaram in New Delhi.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
Banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers.
Interest rates in the economy have peaked, but it is difficult to predict whether they would fall just as property prices have in some parts of the country, a senior official of housing lender HDFC said.
India's GST revenues experienced significant growth in March, reaching pre-tax cut levels, driven by increased imports and domestic sales. The report analyses the impact of tax rate changes and provides insights into future trends and economic stability.
Gold prices surged in futures trading due to escalating US-Iran tensions, driving demand for the safe-haven asset.
Following the footsteps of other banks, Lord Krishna Bank has hiked interest rates on domestic deposits by 25 to 50 basis points.
Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.
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