Banks are cheating customers with rates that are unfairly high, discriminatory, and opaque, denying legitimate savings to borrowers, while the RBI has been looking the other way, says Debashis Basu.
Consider factors like time, risk profile, return requirements, expenses, liquidity needs, etc. Make sure to have insurance and opt for a term plan, says Amar Pandit.
Applying balm on the wounds of the two religious groups is a better course of action for the rulers. Common sense dictates the verdict be accepted in good grace by all sides, suggests Virendra Kapoor.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
Pakistani prime minister and cricket great Imran Khan on Sunday urged his country's cricket team to be mentally strong and take calculated risks to triumph in a crucial World Cup clash.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
Special infection proof fabric for usage in hospitals, low-cost corona virus testing kits, isolation pods for coronavirus infected patients, bubble helmets which can be an alternative for traditional oxygen masks and pendant to raise alarm on breach of social distancing, are also among the innovative ideas that have been given shape since the coronavirus outbreak in the country.
In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.
Lenders get a clear idea about your financial health, risk profile and personality trait
As opposed to term insurance that keeps you covered for a specific time period, opting for a whole life term plan means that you are covered for your entire life, says Santosh Agarwal.
'There appears to be no end to the errors that our leaders are willing to commit and no risk they are unwilling to run,' notes Mihir S Sharma.
But before borrowers jump in joy they must know about the drawbacks too!
Chirag Gupta, who trades in futures & options, had made a profit of Rs 6 lakh, but...
Russians win team Figure skating gold, Valieva first woman to land Games quads
It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.
Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.
Stop-losses are mandatory to prevent losses going out of control
Though there is enough anecdotal evidence of COVID-19 catching children -- early teens and younger -- there is little reason to panic, said several doctors and scientists. They also stressed on the urgent need to vaccinate children to stem the spread of the infection.
Calculate his monthly expenses, health care spending, how much funds will he need once he retires, and whether his current savings and investments will enable him to manage his lifestyle through retirement, suggests Ashok Kumar E R, CEO and co-founder, Scripbox.
'For Pakistan, the comfortable old calculations and certainties are no longer valid.' 'Strikes on Indian targets now carry a high risk of retaliation and escalation,' notes Ajai Shukla.
Jodhaa Akbar co-producer Ronnie Screwala speaks to Arthur J Pais about the film.
New regime on loans to one party to kick in by Apr 2019.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
Paceman Thakur led India's disciplined effort with the ball to restrict Sri Lanka to a below-par 152 for nine in a rain-hit match which was reduced to a 19-overs-a-side contest.
YRF may come out of the debacle fairly unscathed financially. The exhibitors and smaller distributors will take almost 75% of the hit.
The UK will now be taking forward a solution that brings together the work on the National Health Service app and the Google/Apple solution.
'The most intriguing thing (about COVID-19) is the range of the illness -- from asymptomatic or less symptoms to death and quite severe manifestations.' 'The vaccine will be at least another year away from having any effect.'
'We have to stop thinking about GDP and look at the impact on output and unemployment.' 'And that is not going to be insignificant.'
Investment advisor Sheetal Jhaveri busts popular money myths to make you a confident investor
The increasing demand for branded clothes coupled with higher spending power has prompted branded apparel firms to set shop in smaller cities after due deliberations.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
Ramesh Arvind is back, but this time in a serious role in Channagangappa's Soundarya
Sateesha Rai, who was stripped of a medal at the Manchester Commonwealth Games after testing positive, is in the team for the Melbourne Games.
Five parameters that will help you make a winning decision
In fact, given the current tensions and massed troops on both sides, there is a danger that the LAC will become more like the Line of Control with Pakistan, a heavily fortified and strongly defended border where weapon fire exchanges regularly occur. Indeed, Stratfor Worldview research has listed a sharp increase in new Chinese facilities along the LAC in 2019-20.
What separates the men from the boys? What is it that winners have but losers lack? Sonil Dedhia/Rediff.com lists lessons you can learn from Mumbai Indians' win against Chennai Super Kings at Eden Gardens on May 24.
The GST Council had given the option to real estate companies to either opt for old rates of 12% (for residential) and 8 per cent (affordable housing) with ITC benefits or the new tax rates of 5% for residential units and 1% for affordable housing without the benefit of adjusting the credit on inputs used during construction.
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