The government has hiked the interest rate on Public Provident Fund account (PPF) to 8.6 per cent from 8 per cent. The investment ceiling has been raised to Rs 1 lakh a year.
Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.
The applicants should be of the age group 18 to 51. Their monthly income should not exceed Rs 5,000. Application forms and other details can be obtained from the head office of the Rubber Board at Kottayam and other regional offices.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
Retail participation in mutual funds from beyond the top 15 cities in the country has increased remarkably in the past 18 months.
Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.
The finance ministry on Sunday highlighted its achievements during the past six months, including the Jan-Dhan Yojana, Varishtha Pension Bima Yojana, and actions taken to curb black money.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
The bill to amend payment of gratuity Act in order to double the ceiling of tax-free gratuity to Rs 20 lakh, would soon be placed before the Union Cabinet for approval.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
Want to buy gold for your daughter's wedding or want to gift diamond jewellery to your wife or girlfriend? Check out this saving-for-gold scheme by Tanishq.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
Should deposit growth continue to outpace credit growth, banks may end up ceding some hard-earned 25-50 bps improvement in profitability or net interest margin gained in the past two years.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
'Midcap and smallcap indices are trading in the expensive zone.'
Banks are in need of government support to manage the stressed assets
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
Embracing the habit of SIPs can pave the way for a financially secure and prosperous future, points out Misbah Baxamusa.
A picture of glamour and grit in the face of an emergency, the air hostess, flight attendant or air stewardess is often the hero we didn't know we needed.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs
Karvy expects individual wealth in India to grow to Rs 558-lakh crore at a CAGR of 12.9% over the next five years.
rediffGURU Ulhas Joshi answers your mutual fund queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
EPF is the major vehicle for the long-term savings of organised private sector employees.
In view of popular demand, the government will on Tuesday relaunch saving instrument Kisan Vikas Patra (KVP), wherein the invested money will get doubled in 8 years and 4 months.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
'Strong regulations are crucial for the orderly development of the market.'
'The inauguration of the Ram temple was the pinnacle of the BJP's religious politics.' 'Politics is dynamic. What goes up has to come down.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
In the five years in politics Priyanka Gandhi has undeniably emerged as a thorn in the BJP flesh, notes Nilanjan Mukhopadhyay. It is time that this thorn is twisted a wee bit more when the elections have become far more uncertain than what it was when the Election Commission announced the poll schedule.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
The finance ministry has appointed a Pension Fund Regulatory and Development Authority, which will soon roll out a National Pension Scheme for the informal sector or for whoever wants to join.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Firms that have a turnover of under Rs 1 cr can pay tax without maintaining books.
