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FM: 'There is no relief in Income Tax for Now'
Tue, Dec 03, 2019
The government will not provide any relief in Income tax, they will deduct it on right time.
Personal loan vs credit card: We tell you when to avail what
Thu, Feb 22, 2018
Often, we are short of funds for some urgent needs that requires us to borrow money. Stuck in cash crunch, what do you do then? Swiping credit card or taking a traditional route to apply for a personal loan?
How interest rates vary on Small savings schemes, SCSS; know here
Sun, Feb 11, 2018
The revision in interest rates does not affect old investments except for PPF and SSY.
How will dividend distribution tax affect your mutual fund earnings?
Sat, Feb 10, 2018
Finance minister Arun Jaitley in his Budget 2018 speech has proposed to introduce DDT on equity mutual funds at the rate of 10%
Sigh of relief! Nifty snaps six-session losing streak, reclaims 10,600
Wed, Feb 07, 2018
The benchmark indices recovered on Wednesday, snapping six-session losing streak, after Asian markets rallied as a semblance of calm returned to Wall Street where major indices bounced into the black after days of deep losses.
How will this Budget impact your financial plans?
Sun, Jan 28, 2018
The government is likely to use this Budget to signal a shift in its policy focus from monetary policy to fiscal policy
Economic Survey Vol II tabled: 'Rekindled optimism on structural reforms'
Fri, Aug 11, 2017
The economic survey is presented by the Chief Economic Adviser, in this case, Arvind Subramanian.
EPFO likely to announce PF rate for FY18 next month
Thu, Jul 06, 2017
"After discussing in the Central Board of Trustees meeting, my ministry will take a decision. I am going to call a meeting shortly. The meeting will happen next month," Labour Minister Bandaru Dattatreya told reporters when asked about the decision on EPF interest rate for this fiscal.
RBI's monetary policy: 12 factors and 10 charts that you must know
Wed, Jun 07, 2017
RBI is set to present second monetary policy of FY18. Analysts expect a status quo in this policy too. However, rate cut or not, a total of 12 factors that the central bank will look into before making a decision.
WATCH: ICICI Bank slashes home loans by 30 basis points for ‘affordable housing’
Mon, May 15, 2017
Key Highlights: -- Bank trims interest rates for home loans up to Rs 30 lakh. -- ICICI offers choice of home loans linked to I-MCLR-6 Months or I-MCLR-1 Year.
Steel sector is likely to remain negative in FY18; demand growth to remain muted at 4-5%: India Ratings
Sun, May 14, 2017
The outlook for steel sector is likely to remain negative in next fiscal due to continued operational and financial challenges and lower demand from the realty sector, says a report.
US job growth rebounds sharply in April, unemployment rate falls to 4.4%
Sat, May 06, 2017
The US job growth has rebounded sharply in April and the unemployment rate dropped to 4.4%, near a 10-year low, pointing to a tightening labour market that likely seals the case for an interest rate increase next month.
60-year low credit growth is a warning bell for banks
Tue, Apr 18, 2017
The outlook on the asset quality of the banking sector seems to be weak even as the fresh non-performing asset (NPA) generation rate continues to show signs of moderation.
No change in interest rates expected in RBI's credit policy
Thu, Apr 06, 2017
No change in interest rates expected in RBI's credit policy. Watch the full segment for more details.
Home loan interest too high for Indian buyers: Survey
Thu, Mar 30, 2017
A latest study has revealed that high housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house.
RBI may keep interest rates unchanged on April 6; expects 25 bps cut in August: BofAML
Thu, Mar 30, 2017
Bank of America Merrill Lynch (BofAML) in its recent research note has said that RBI is likely to keep key interest rates unchanged on April 6 with further 25 basis points rate cut expectations in its next monetary policy meet on August 2.
India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura
Wed, Mar 22, 2017
Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).
Indian markets well placed to absorb US Fed rate hike, says Economic Affairs Secretary Shaktikanta Das
Thu, Mar 16, 2017
"Indian markets (are) well placed to absorb the US Fed rate hike. Gradual approach in future increases augurs well for emerging markets," Economic Affairs Secretary Shaktikanta Das said on Twitter.
Bank of Japan keeps monetary policy steady as US Fed hikes interest rate in three months
Thu, Mar 16, 2017
Bank of Japan on Thursday kept monetary policy steady in the wake of the US Federal Reserve`s second interest rate hike in three months.
Demonetisation, Budget upshot: Should RBI cut interest rates today?
Wed, Feb 08, 2017
As the Reserve Bank of India (RBI) gears up to declare its sixth bi-monthly policy for the financial year 2016-17, the debate arises as to post demonetisation and the Union Budget FY1,8 what should the RBI do in terms of repo or interest rates.