Large and Mid-Cap Funds Yield 29% Returns in One Year...
If you are considering investing in mutual funds this Diwali, large and mid-cap funds may be a promising option...
Category - Finance
Start Investing This Diwali: Small Savings Can Grow Big...
Diwali’s five-day festival season has kicked off with Dhanteras, a traditional time of prosperity where people make meaningful purchases such as gold, silver...
Gold Prices Expected to Reach Rs 87,000 by Next Year...
As India celebrated Dhanteras a few days back, the auspicious occasion for investing in gold...
PM Modi launches Ayushman Bharat Health Insurance scheme for senior citizens above 70 years
Prime Minister Narendra Modi on October 29 launched an ambitious health scheme for all elderly individuals aged 70 and above to be eligible...
RBI Governor Shaktikanta Das Named World’s Top Central Banker for Second Year
For the second consecutive year, Reserve Bank of India (RBI) Governor Shaktikanta Das has been named the world’s top central banker...
RBI Governor Warns: Cryptocurrency a Major Risk to Financial Stability...
In a speech at the Peterson Institute for International Economics, Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the risks...
Received an Income Tax Notice? Here’s What You Should Do
After submitting your Income Tax Return (ITR), receiving a notice from the Income Tax Department can be concerning...
Railway Stocks Witness Major Decline, Fall Over 20% From Peaks
Despite Indian equity markets reaching record highs in September, railway stocks have underperformed significantly...
Government Collects Rs 11.25 Lakh Crore in Direct Taxes: 18% Growth Over Last Year
The Indian government has reported a collection of Rs 11.25 lakh crore in net direct taxes for the period from April 1 to October 10, 2024...
Sensex gives 17 percent gain, market cap goes up by Rs 111 lakh crore
The Indian stock market has delivered impressive returns for investors in 2024, with the BSE Sensex generating a gain of 17% from January to September...
Gold Prices Hit All-Time High: Touches Rs 75,964 per 10 Grams...
Gold prices in India soared to an all-time high on Friday, October 4, 2024, reflecting the global trend of rising demand and economic uncertainty...
FIR Filed Against Sitharaman on Extortion & Criminal Conspiracy Charges...
An FIR has been registered against Union Finance Minister Nirmala Sitharaman and others following a court directive...
BSE and NSE Introduce Revised Transaction Fee Structures Starting October 1
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are set to implement new transaction fee structures across various segments...
The Rs 10,000 Note: Indian currency that lasted for 32 years
The Rs 10,000 note, once a prominent part of India's currency landscape, has been consigned to history...
FIIs Investment in India Surpasses Rs 1 Lakh Crore in 2024
In a year marked by a stock market surge and robust IPO activity, Foreign Institutional Investors (FIIs) have invested a net total of Rs 1,00,245 crore...
Gold Loan Market Grows at 8.45% Annually, Set to Cross Rs 10Lakh Crore in FY2024-25
The gold loan market in India, facilitated by both banks and Non-Banking Financial Companies (NBFCs), is growing at an annual rate of 8.45%...
Choosing the Right Investment for Your Daughter's Future
When it comes to securing your daughter's financial future, there are several investment options available...
Youth and the Stock Market: An Addiction on the Rise
In today’s fast-paced digital age, the allure of the stock market has captivated the younger generation...
Out of 31 Days, Banks to Remain Closed for 15 Days in October
With October approaching, several major festivals like Gandhi Jayanti, Navratri, Dussehra, and Diwali are set to be observed...
How to Safeguard Yourself from Financial Scams: A Guide to Online Security
With the rise of online payments, managing finances has become more convenient than ever before...
Cheaper Loan Interest Rates Expected from December Amid Global Monetary Easing
Interest rates on loans in India may see a reduction from December as central banks globally adopt softer monetary policies...
Market Cap of 9 Out of Top 10 Firms Surges by ₹2.01 Lakh Crore...
In the previous trading week, the combined market capitalization (market cap) of nine out of India's top ten companies saw an impressive increase of ₹2.01 lakh crore...
RBI Cancels Registration of Four NBFCs, Accepts Withdrawal Requests from 13 Firms
The Reserve Bank of India (RBI) has cancelled the registration of four non-banking financial companies (NBFCs) ...
Companies Raise ₹62,000 Crore from IPOs in 8 Months...
In the first eight months of 2024, companies raised an impressive ₹62,000 crore through 57 Initial Public Offerings (IPOs)...
Stock Market Investors in North India Quadruple in Four Years
The number of stock market investors in North India has surged dramatically...
SBI Life Insurance Fined ₹1 Crore for Violations, Claim Rejections
The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore fine on SBI Life Insurance...
IPO Frenzy: Rs 17,000 Crore Raised in August, 92 Companies Submit Drafts
The primary market witnessed a strong surge in August, setting a two-year record for funds raised through Initial Public Offerings (IPOs)...
Equity Mutual Funds Set New Record in August: SIP Inflows Continue Strong
Investor interest in equity mutual funds continues to rise, with investments pouring in for the 42nd consecutive month in August...
Sensex Dips Slightly After 10-Day Winning Streak Amid Nifty's Record-Setting Run
The Indian stock market witnessed a mixed session as the Nifty 50 index achieved a historic 14th consecutive day of gains, while the Sensex...
UPI Transactions Hit Record High in August with 1,496 Crore Transactions...
Unified Payments Interface (UPI) continues to dominate India's digital payment landscape, setting new records in August 2024...
Credit Card Spending in India Hits Record High in July
Indian consumers set a new record in credit card spending in July, with transactions reaching unprecedented levels...
FM Sitharaman Urges Public Sector Banks to Focus on...
In a crucial review meeting held on Monday, Finance Minister Nirmala Sitharaman met with senior officials of public sector banks...
Income Tax Department Issues Warning Against Tax Refund Scams
Union Finance Minister Nirmala Sitharaman has expressed her aspiration to eliminate taxes...
Nirmala Sitharaman: Want to bring the tax to zero, but challenges and funds crunch tied my hands
Union Finance Minister Nirmala Sitharaman has expressed her aspiration to eliminate taxes...
Direct Tax Collection for FY 2024-25 Rises by 24% to ₹8.13 Lakh Crore...
The Finance Ministry has reported a significant increase in direct tax collections for the financial year 2024-25...
Save ₹416 a Day, Become a Millionaire: The Power of PPF Investment
In today's fast-paced world, the desire to secure one's financial future is universal. Everyone dreams of becoming a millionaire...
Apply 'Rule of 72' of Investing And Become Richer, Winning Bizness Tells You How
We all desire our money to grow over time, ensuring a more prosperous future...
FM Urges Banks to Prioritize Core Banking and Innovate Deposit Schemes
Union Finance Minister Nirmala Sitharaman has called on banks to sharpen their focus on core banking operations...
Government Collects ₹1.82 Lakh Crore in GST for July, a 10% Year-on-Year Increase
In July 2024, the government reported collecting ₹1.82 lakh crore from Goods and Services Tax (GST), reflecting a 10.3% year-on-year increase...
How Digital Transformation declining clerical jobs in Banks
The financial sector is experiencing a profound transformation, driven by advances in digital technology...
How private and government banks charge charges from your pocket
Do you know how important it is to maintain minimum balance in your bank account? In today's time...
Brokerage Firm Issues Warning About Fraudulent Investment Schemes
UBS Securities has issued a critical warning to investors about a surge in fraudulent schemes masquerading as investment advice from reputable brokerage firms...
RBI Unveils New Guidelines to Tackle Willful Defaulters
The Reserve Bank of India (RBI) has unveiled a comprehensive plan to address the issue of willful loan defaulters...
SEBI Proposes Tougher Rules for F&O Trading: Higher Costs and Bigger Investments Ahead
The Securities and Exchange Board of India (SEBI) has proposed significant changes to the regulation of futures and options (F&O) trading in the stock market...
Value of 6 out of top-10 companies goes up by ₹ 1.85 lakh crore
The market value of companies contributing rapidly to the country's economy is relentlessly going up...
Only a few hours left to file ITR for this year
Only a few days are left to file Income Tax Return (ITR) for the financial year 2023-24 as taxpayers have to complete this work by July 31...
Married women suffer less losses in the stock market: SEBI report
Market regulator SEBI has conducted a study whose results are very interesting...
Nifty to cross 25000: Fingers crossed
The way the stock market has seen a boom in the past few days, it has raised a lot of hopes among investors and market experts ...
No more government companies to under disinvestment hammer
The Narendra Modi-led government has taken a big decision regarding selling the shares or ownerships of the companies...
Gold and silver prices fall after tax reduction in the budget
After the Finance Minister announced to reduce custom duty on gold and silver in the recently presented budget...
Budget 2024: income up to Rs 7.75 lakh tax free
Country's Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, underlined nine key priorities...
Modi Govt doubles Mudra loan limit, 3 lakh crore given for women
The Narendra Modi led government presented the union budget for the year 2024-25 on July 23...
Lok Sabha debacle effect reflects in budget: BJP trying hard to win allies, ignores Maharashtra & Haryana
The Union Budget presented by the finance minister Nirmala Sitharaman had a clear and visible message reflecting the lessons learned from the setback...
Tax Savings FDs offer up to 7.25% interest, Post Office NSC offers 7.7% interest
Few people wait till the end of fiscal year to make tax planning, however, investment for this should be started from the beginning...
File income tax return before 31st July or face penalty
The date for filing income tax return by July 31 for the financial year 2023-24 i.e. assessment year 2024-25 is approaching very fast...
PM Modi's meeting with economists before the budget, to be presented in Lok Sabha on July 23
Prime Minister Narendra Modi held a meeting with economists before presenting the full budget of this financial year...
36 IPOs launched in India this year yielded 57% return so far
On one hand, while it is raining all over the country during monsoon, on the other hand...
Sebi to hold brokers and their company responsible for any irregularity in the stock market
The Securities and Exchange Board of India (SEBI) has tightened the noose on stock brokers who commit irregularities in the stock market...
More than 42 lakh demat accounts opened in June, crossed 16 crores
Amidst the much fanfare in the stock market, more than 42 lakh new demat accounts were opened in the month of June...
July: The month of many changes affecting your pocket and budget
Although every month brings some changes with it, this year's month of July has come up with more changes...
Maharashtra Govt budget: 10k per month to unemployed, monthly allowance to women
How the election year forces parties to come up with populist budget, this can be seen in today's Maharashtra govt budget...
Govt disappoint middle class, no hike in PPF interest rate
The Narendra Modi-led government has once again disappointed crores of middle class people by not hiking the interest rates...
Insurance getting acceptance, 94% claims getting approved
National Insurance Awareness Day was celebrated on 28 June across the country to spread awareness about insurance...
SBI raises ₹ 10,000 crore fund from 15-year infrastructure bond
Country's largest and biggest commercial bank State Bank of India (SBI) has raised Rs 10,000 crore through 15-year infrastructure bonds...
After poll drubbing Modi government may give relief in income tax
After getting cold response from the voters in the recently concluded Lok Sabha polls...
Policy holders to get more refund on closing the premature policy
The Insurance Regulatory and Development Authority of India (IRDAI) has ordered insurance companies to give more Special Surrender Value (SSV)...
Silver defeats gold in giving return, how it became everyone's favorite
Gold and silver continue to be the first choice of investors as the rates of gold and silver are climbing to the zenith day by day...
Stock market at all-time high, Sensex touched 77,145 and Nifty 23,481
Continuing its explosive performance, the stock market made an all-time high on June 13. During trading...
What is Form-16, how important is it for filing returns?
The last date for filing income tax returns for the financial year 2023-24 is approaching...
All banks should invest in IT-infra: RBI's advice to banks
RBI has asked banks to invest adequately in IT infrastructure according to their business growth and volume to reduce outages...
6 Municipal bodies to take plunge into Bond Market
Days after Lok Sabha elections 2024 concludes and Election Commission lifts Model Code of Conduct, the municipal bond market...
No change in interest rates, loans & EMI to remain same: RBI
The Reserve Bank of India (RBI) has not changed the interest rates for the eighth consecutive time...
You can become a millionaire even with a monthly salary of 25000
Your dreams of turning into a millionaire can be achieved with patience, discipline and a smart investment strategy...
Tata AIA Life Insurance Launches Instant Loan Facility: Get ₹ 1 Lakh Loan In 1 Minute
Tata AIA Life Insurance has launched a new service through which policy holders can take an instant loan of up to Rs 1 lakh...
Personal accident insurance gives you and your family financial security
Personal accident insurance covers many different types of accidents, not just road accidents...
Phalodi Satta Bazaar hints NDA facing loss in UP
Both NDA and INDIA block are claiming their thumping victory for the Lok Sabha elections 2024...
LIC's wealth is more than the GDP of Sri Lanka and Nepal along with Pakistan
The country's largest and oldest insurance company, Life Insurance Corporation of India's (LIC) is the largest insurance company in India...
Govt may miss disinvestment for the fifth time
There has been a big relief to crores of health insurers across the country ...
Govt may miss disinvestment for the fifth time
There is very little possibility that India will be successful in raising even half of its target income from the planned sale of government ...
RBI's opinion - Just like taking interest on loan, double interest on deposits too
The Reserve Bank of India wants something that will benefit all bank customers...
GST notice of Rs 1 lakh crore to online gaming companies
In a major effort to curb the tax evasion, show cause notices worth Rs 1 lakh crore have been issued to online gaming companies...
What is the IPO gray market and how is the price decided?
The gray market is an unofficial market for financial securities and its trading typically occurs when a stock is suspended...
No plan or intent of re-circulating the Rs 1000 note - RBI
The Reserve Bank of India on Friday reported that 87 percent of the Rs 2,000 notes have been returned till September 30...
SIP can change your destiny, Invest 5K, 8K or 10K per month and become a millionaire
Everyone dreams of becoming a millionaire, but very few get success in it...
16,000 crore SIP investment for the first time, decline in equity investment
The investment in mutual funds through the Systematic Investment Plan is getting popular day by day in India...
This month of October also full of IPOs
The month of September witnessed good response for the capital raising through IPOs...
New Higher Education Commission to replace UGC, AICTE, NCTE
Indian Government on Wednesday announced that there will be only one regulating body for higher education in the country instead of UGC, AICTE and NCTE....
Investment advisers should be registered with us: SEBI Chairperson
These days on social media, one can be seen openly calling themselves Investment Advisors and giving advice to investors....
RBI cancels license of 113-year-old co-operative bank in Maharashtra
India's central bank Reserve Bank of India (RBI) has taken a major action by revoking the license of Nagar Urban Co-operative Bank....
Credit cards making inroads, spending on all time high
The trend of spending through credit cards is increasing rapidly in the country and has reached a record level...
Dominance of one or two members of big banks not right: RBI
RBI has adopted a strict stance with regards to the unwanted dominance of one or two big commercial banks in the system...
Despite the risks, investment in MF increased by 24.8% in 3 years
With Mutual Funds becoming increasingly popular, bank deposits are facing tough competition...
SBI's Gandhigiri: To remind defaulters to pay their EMIs by sending chocolates
If you are a customer of State Bank of India (SBI)- the country's largest government bank...
RBI's decision brings stock market cheer, 1.82 lakh crore benefit to investors
The Indian stock market witnessed a boom on the last day of this week on Friday with railways, power and banking stocks witnessed heavy buying...
RBI to remove incremental CRR in one month, benefit to banks and customers
The Reserve Bank changes the monetary policy from time to time, Many times the amount of cash increases rapidly at a particular time...
Know the difference between Short, Mid and Long term investment
Whenever it comes to investment, people always think about the time for which they need to park their money...
Loan of banks on real estate sector increases to a record Rs 28 lakh crore in July
Bank loans to the residential and commercial real estate sector has exponentially increased by 38 percent on an annual basis in July...
SEBI to rein in financial 'influencers' to give accurate information to investors
To provide accurate and unbiased information to investors, market regulator SEBI is preparing to curb financial 'influencers...
There are several other investment instruments other than PPF and FD
It is also very important to invest your savings in some place that gives excellent returns...
Atal Pension Yojana: Rs 5,000 will be available in 210 rupees
The specialty of 'Atal Pension Yojana', which was started in the name of former Prime Minister of India and Bharat Ratna Atal Bihari Vajpayee...
Income tax refund to get more quickly in 10 days only
The Revenue Department is working on expediting the processing and payment of tax refunds and reducing the period from 16 days to 10 days...
EPFO can invest more of your funds in the stock market
The Employees' Provident Fund Organization (EPFO) wants to reinvest the income from exchange-traded funds (ETFs)...
What is Vishwakarma Kaushal Samman Yojana...
Prime Minister Narendra Modi hoisted the tricolor flag on the ramparts of the Red Fort on the occasion of Independence Day...
Market value of 7 out of top-10 companies fall significantly
In a very interesting scenario, the market cap of 7 out of the top 10 companies of the country have suffered a loss...
Small Investment in PPF can turn you into Crorepati
Although there are many investment instruments available for long term investment...
Govt coffers full, direct tax collection of Rs 6.53 lakh crore till August 10
Here is a good news on the economic front of the country as there has been a record increase in direct tax...
Taxpayers number increasing
After deadline for personal income tax filing in the country ended on 31 July 2023...
Income tax department offering giving jobs
The Income Tax Department these days is looking for young professionals having knowledge about the subjects of their work...
In a first, Income tax department offering jobs
The Income Tax Department these days is looking for young professionals having knowledge about the subjects of their work...
Be careful while replying to Income Tax notice
If any notice from the Income Tax department has landed at your doorstep regarding some clarification...
Festive season of IPO begins before festive season
Even before the arrival of the festive season in the country, a festive atmosphere has already been created in the stock market...
Stock Market: Awaiting Reserve Bank's signal
There may be ups and downs in the stock market this week. According to analysts, next week the first quarter (Q1FY24 i.e. April-June) results of 1800 companies...
ICICI Bank loses Rs 1,033 crore due to Chanda Kochhar's decision- CBI's chart sheet
The charge sheet filed against ICICI Bank's former MD and CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon founder Venugopal Dhoot ...
CTI wants guidelines on levying service charge, writes letter to the FM
Writing a letter to the Finance Minister of India, The Chamber of Trade and Industry (CTI) has demanded...
PMSBY: Get insurance cover of Rs 2 lakhs for only Rs 20
The Central and State Governments often come up with various schemes for the poor and economically weaker sections...
Want to avail loan on mutual funds? Know its advantages and disadvantages
Mutual funds have become very popular in the last few years and for this mutual fund companies have spent a lot of money on its advertising...
Rs 5,729 Cr lying unclaimed in banks, You can claim if it is your's
Usually every one keeps his/her money in the bank to keep it safe...
US Fed Reserve makes loans even more expensive, what will RBI do?
The US central bank, the Federal Reserve, has once again raised the cost of borrowing by hiking interest rates...
Banks writes-off bad loans worth Rs 2.09 lakh crore
A Right to Information (RTI) reply has revealed that different banks have written off bad loans worth over Rs 2.09 lakh crore...
RBI: Star series notes are completely legal
Next time if you find a banknote with a star symbol (*) in the number panel of notes...
Sensex falls to 900 points, investors lose 33k crores
Stock market investors faced another disappointment on Thursday as the stock market closed with a huge fall due to profit taking...
Income tax notice sent to 1 lakh taxpayers: FM
Union Finance Minister Nirmala Sitharaman has said that IT dept has sent 1 lakh notices for non-filing of returns...
Hurry, last date for filing income tax return fast approaching
The last date for filing income tax return for the financial year 2022-23 (Assessment Year 2023-24) is July 31, 2023 fast approaching...
Earning from youtube video, then be honest to disclose it to IT
If you also earn from YouTube, then this is the high time when you should be careful now...
ITR: Declare correct income if investing in Cryptocurrencies
If you have made profits by investing in virtual digital assets like cryptocurrencies or non-fungible tokens in FY 2022-23...
GST Council's decision on online gaming hits industry
The GST Council's decision to impose 28 per cent GST on casino and horse racing has not gone well with the industry...
GST Council 50th Meet Decisions: What is cheap, what is expensive?
The decisions taken in the GST Council meeting, chaired by Finance Minister Nirmala Sitharaman...
Big decision: ED will prosecute GST cheaters
The Central Government has taken a major decision to curb the GST Scam...
Customers can choose the card network while buying a debit-credit card
The Reserve Bank of India has issued a draft circular regarding the norms for issuance of debit, credit and prepaid cards...
FD Rates: Several banks offering more than 9% interest on FD
Home sales within Mumbai Municipal Corporation (BMC) limits have added to the state government's coffers...
Maharashtra gets Rs 804 crore revenue as sale registration
Home sales within Mumbai Municipal Corporation (BMC) limits have added to the state government's coffers...
Good Days Ahead for Banks, NPA lowest in 10 years
The financial condition of the banking sector in the country is continuously getting better than ever before...
RBI fined crores on seven co-operative banks including Axis Bank
Showing the sign of imposing strict rules and regulations, the Reserve Bank of India has imposed heavy fines on 10 banks...
Apple to launch its first credit card in India, HDFC could be partner
Apple will soon launch its first credit card 'Apple Card' in India and for this venture Apple is planning to partner with HDFC Bank to introduce...
72% of Rs 2000 notes worth Rs 2.62 lakh crore returned to banks
After the announcement of withdrawal of 2000 rupee notes by RBI, 72% of 2000 rupee notes have been deposited or exchanged in designated banks...
Credit cards number in India reaches a record of 8.65 crores
While the Indian government is focusing on digital transactions in the quarters and transactions through UPI are on the rise...
SBI to launch scheme to encourage green housing projects
Now the interest on Home Loan is higher than before as the Reserve Bank of India has revised the Repo Rate several times...
Effect of withdrawing Rs 2000 note, hard cash gradually depleting from market
After the announcement of withdrawal of 2000 rupee notes by RBI, the cash in the market is continuously decreasing...
Union govt to get huge dividend from companies, 63K expected
The Union Government will get huge earnings in the form of dividend from the listed Public Sector Undertakings (PSUs)...
RBI denies crores of ₹ 500 notes missing from the economy
The Reserve Bank of India (RBI) has denied that the matter of missing ₹ 500 notes worth ₹ 88,032 crore from the system is incorrect...
Know something about high interest FDs
The Reserve Bank of India (RBI) had increased the repo rate in the last few months to curb the rising inflation in the country...
CBI books IL&FS for allegedly defrauding 19 banks
The CBI has registered a case against a total of six people for defrauding 19 major banks in the country by the IL&FS company to the tune of Rs 6,524 crore...
PLI scheme to fail: Claims former RBI governor Raghuram Rajan
Former Reserve Bank of India (RBI) Governor Raghuram Rajan has raised questions on the PLI scheme...
Fraud cases increase in banks, but the amount decreases
A total of 13,530 cases of fraud have been reported in government and private banks in 2022-23...
Flaws in corporate governance of some banks a matter of concern – RBI
Reserve Bank of India has come to the notice that some banks have tried to hide the actual position of their stressed assets...
SBI receives Rs 2,000 notes worth Rs 14,000 crore
Ever since, RBI has started recalling Rs 2000 notes, the SBI has received Rs 2000 notes worth Rs 14,000 crore as deposit...
Income tax department sent notice to unicorn companies for unaccounted investment
The Income Tax Department has sent notices to dozens of startups, including some leading unicorns...
PPF can shape your child's future too
Public Provident Fund (PPF) is such a government scheme that everyone is eager to open and everyone also recommends it...
Government's plan to give all the covers in a single insurance policy
Insurance sector regulator IRDA is working on bringing out a single policy that will cover health, life and property insurance and if this happens...
Govt gearing up to implement five day working in banks
Till now banks were closed only on the second and fourth Saturdays of the month...
Bad loans fall for the 5th consecutive quarter
With the passage of time, continuous improvement is being seen in the Indian banking sector and it seems that good days are about to come...
Big changes to take place from 1st June
On the first day of every month there are some changes in the country...
What will RBI do with returned 2000 notes?
The Reserve Bank of India has announced the decision to withdraw the Rs 2000 note from circulation and due to this...
Villages outpace cities with 25 percent share in UPI payments
There are very few such opportunities when the village goes ahead of the cities and such is the case when villages have overtaken cities...
3 banks and 2 NBFCs caught red handed by RBI, to pay heavy fine
The Reserve Bank of India has fined 3 banks and 2 NBFCs for violating regulatory norms...
How a note is printed and then phased out
The Reserve Bank had stopped the printing of currency notes worth Rs 2000 a long time ago and now the 2000 rupee notes...
Rural economy getting back on track, demand for business loans goes up
There are some signs showing the Indian economy coming back on track in the rural areas...
RBI continues buying gold, reserves jumps by 79%
You will remember that in 1991, when India did not have foreign currency for imports, India had to pledge 67 tonnes of its gold...
Banks raise Rs 4 lakh crore in 15 days as interest rates on deposits goes up
For the last several months, the gap between the credit and deposits of the banks was increasing...
After Rahul Gandhi's promise of one tax rate, will GST become a big election issue?
Tax Authorities have prepared to send notices to 16 insurance companies as it feels that these 16 insurance companies have not paid tax...
16 insurance companies on tax department's radar
Tax Authorities have prepared to send notices to 16 insurance companies as it feels that these 16 insurance companies have not paid tax...
Unclaimed Money: Not only banks, LIC also has 'unclaimed' 21,500 crores
The Reserve Bank of India has announced the creation of a new centralized portal to find heirs of about Rs 35,000 crore...
Silicon Valley Bank is nothing, banking crisis may deepen in the coming days
There are several financial experts across the globe forecasting for another round of banking crisis in the coming days...
Senior citizens pay income tax of more than one lakh crore rupees in 2022-23
Senior citizens have paid income tax of more than one lakh crore rupees in the financial year 2022-23 and this is 35.5% more than last time...
Despite home loan rise, sales of residential units increase by 20% across 7 cities
Real estate consultant JLL India has come up with a report stating that the sales of apartments in January-March...
Loan installment to remain same as repo rate unchanged
The Reserve Bank of India has given relief to common people. As inflation is coming under control...
Unclaimed Amount In Bank: Banks give 35K crores to RBI
Almost every person deposits their hard earned money in a bank account and many times...
Direct Tax Collection: Government misses the estimate, up by 17.63 percent
There has been a huge increase in direct tax collection in the financial year 2022-23 and what makes it more interesting...
Two more life insurance companies come in India
Insurance Regulatory and Development Authority (IRDAI) has approved the insurance license of 2 new companies in India...
Major changes to take place from April 1, 2023
The new financial year 2023-24 will start from April 1 and lots of rules will change in this financial year...
SEBI to bring new mechanism to prevent fraud and market abuse
In a meeting on Thursday, the board of market regulator SEBI went through several proposals...
Digital loans worth Rs 22 lakh crore disbursed in one year
India's booming digital lending business is stoking demand for a new breed of startups and the consumer loan culture...
UPI Transactions Over ₹ 2,000 To Attract 1.1% Fee, But Customer Won't Pay
The National Payments Corporation of India (NPCI) said that using Prepaid Payment Instruments (PPIs) for transactions more than Rs 2000 through UPI...
EPFO hikes interest rate by 0.05%, your PF to get 8.15% interest in 2022-23
Here is good news for provident fund account holders, as the Indian government has hiked the interest rate on deposits in PF accounts...
Banks will not have any holiday till March 31, to work on Sunday also
Only a few days are left for the end of the financial year 2022 2023 and April 1...
Coin minting is 6 times more expensive than printing notes
Have you ever wondered how much it would cost to print notes and coins? The Reserve Bank does the work of printing notes and minting coins...
Only few days left to save tax: Invest money in National Savings Certificate Scheme
Last date for the investment ie 31 March to save taxes is fast approaching and therefore...
UBS buys sinking Credit Suisse bank
Switzerland's largest bank UBS Group AG has bought troubled Credit Suisse bank. According to reports...
Are you taking '2 minute loan', know the risks
When needed, almost every person has to take a loan sometime or the other to meet his financial needs...
IREDA IPO: Government again in the market, IREDA's IPO approved
The government is preparing to enter the capital market once again...
Now you can claim insurance even without being admitted to the hospital for 24 hours
There has been good news for the patients who want medical claims but they have to get themselves admitted in hospital for at least 24 hours...
Shaktikanta Das becomes the 'best governor of the world'
Reserve Bank of India (RBI) Governor Shaktikanta Das has made the country proud across the world as he has been given the 'Governor of the Year' award...
11 banks to infuse $30 billion in capital to save First Republic Bank
To save the First Republic of America from drowning, 11 big banks of America have come together to rescue it ...
Fear of fall in stocks, mutual funds slow down investment
At present something is going on in the market which was already expected...
Indian banks unaffected by the US banking crisis
For a few months, Indian banks have been performing better than foreign banks...
Investors lose Rs 8.5 lakh crore in 5 days, Sensex falls 344 points
The Indian stock market saw a decline for the fifth consecutive trading day on Wednesday as it fell by 344 points to close at 57,556...
Now more interest on FD in SBI: Interest available from 3% to 7%
State Bank of India (SBI) has increased the interest rates on Fixed Deposits (FD)...
RBI issues directives to banks offering digital loans
The Reserve Bank of India has taken a major decision on digital lending companies and has directed to provide complete information...
Stock market: Rs 1.33 lakh crore loss to investors
The Indian stock market ended lower on the last trading day of the week ending on Feb 17, 2017...
RBI's spree to buy gold continues, 754 tonnes reserves
It is a very old saying that gold comes in handy in times of crisis and this is why many people keep gold as collateral in hard times...
Well done India… new record of tax collection, government bag full of 15 lakh crores
The effect of the Modi government's efforts to increase the tax collection is now visible...
7-5-3-1 Rule: Easy way to invest in equity through SIP
One of the easiest ways to invest in equities is through a Systematic Investment Plan (SIP), but many of us still overcomplicate it...
Take job insurance cover in this era of retrenchment
There is a bad phase of retrenchment in companies all over the world and companies are laying off employees...
Intelligence watch over budget preparation, no phone or contact with the world
Union Finance Minister Nirmala Sitharaman is going to present the country's budget on February 1...
Black Friday for the stock market, investors lost Rs 7 lakh crore
Friday's trading session has proved to be 'Black Friday' for the Indian stock market as after Thursday's holiday...
Exemption can be given in the old system of tax, current limit is 2.5 lakh
When Finance Minister Nirmala Sitharaman will present the country's budget next week on February 1...
Bumper earnings of public sector banks including SBI
the government has been infusing capital into the banks by making a provision of a certain amount in the budget...
SEBI investigating Nippon Mutual Fund and Yes Bank, decision soon!
Market Regulator SEBI has been investigating Nippon Mutual Fund and Yes Bank in case of misappropriation of investors...
Govt issues income tax refund of Rs 2.40 lakh crore
Giving relief to the lakhs of taxpayers of the country...
Gift before budget: Senior citizens above 75 years do not need to file income tax
Before the budget, the Union Government gave a big gift to the senior citizens...
Govt gift on new year, now small schemes to get more interest
The Central Government has increased the interest rates of several small savings schemes including Senior Citizen Savings Scheme and Time Deposit...