Notes Ban Impact Was "Transient", RBI Governor Tells Lawmakers: Sources
Business | Reported by Himanshu Shekhar Mishra, Edited by Sakshi Denis | Wednesday November 28, 2018
Citing strong fundamentals, Reserve Bank of India (RBI) Governor Urjit Patel told a group of lawmakers on Tuesday that the impact of demonetisation was "transient" and the economy had registered a robust credit growth of 15 per cent this fiscal, sources told NDTV. The RBI chief, seen to be at odds with the government over a range of issues includin...
3 Amrapali Promoters To Be Under Police Watch In Hotel, Without Phones
Business | Reported by A Vaidyanathan, Edited by Sakshi Denis | Thursday October 11, 2018
Three promoters of the beleaguered Amrapali Group will be kept at a Noida hotel under police surveillance for 15 days.
What Rise In Small Savings Scheme Interest Rates Means For You
Business | Written by Sakshi Denis | Thursday September 27, 2018
The government recently raised interest rates on small savings schemes such as fixed deposits (FD) and recurring deposits (RD), up to 0.4 per cent or 40 basis points for the period from October 1, 2018 to December 31, 2018. This means that small saving scheme investors will get higher interest rates for the quarter ending December as compared to th...
Centre Confident Of High Growth, Meeting Fiscal Deficit Target: 10 Points
Business | Reported by Sunil Prabhu, Edited by Sakshi Denis, Anshul | Saturday September 15, 2018
Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...
FD Interest Rates Go Up, But Small Savings Scheme Returns Remain Unchanged. Here's Why
Business | Written by Sakshi Denis | Saturday August 11, 2018
Interest rates for small savings schemes - such as public provident fund (PPF) and senior citizen savings scheme (SCSS) - for the quarter ending September 2018 have been kept unchanged. However, return on bank fixed deposits has risen. Here's all you need to know about various factors that impact interest rates on small savings schemes.
We Will Leave Promoters, Directors Homeless, Supreme Court Warns Amrapali
Business | Reported by A Vaidyanathan, Edited by Sakshi Denis | Wednesday August 8, 2018
All directors and promoters of real estate major Amrapali Group will be rendered homeless if the company fails to deposit Rs 5,000 crore needed to build unfinished projects, the Supreme Court warned on Wednesday. The top court also directed the group to submit a proposal on selling of its assets to raise Rs 4,000 crore to enable completion of housi...
How To Grow Your Wealth Now To Have Enough For Old Age
Business | Written by Sakshi Denis | Sunday July 15, 2018
If you seek a financially sound retired life, you need to start planning and saving early for the time when you will not be working.
No Merit In Cyrus Mistry's Case Against Sacking As Tata Chairman: Court
Business | Reported by Saurabh Gupta, Edited by Sakshi Denis | Monday July 9, 2018
Cyrus Mistry was removed as chairman because Tata Sons Board and its members lost confidence in him, ruled the National Company Law Tribunal (NCLT).
Why Small Finance Banks Offer Higher Interest Rates Than Larger Peers
Business | Written by Sakshi Denis | Sunday July 1, 2018
Interest rates on savings accounts, recurring deposits (RDs) and fixed deposits (FDs) of small finance banks are as high as 9%-9.5%.
Should Petrol, Diesel Be Brought Under GST Regime? What Experts Say
Business | Written by Sakshi Denis | Saturday June 30, 2018
One Year of GST: If petrol and diesel are also brought under the GST regime, can it help provide relief to consumers?
One Full Year Of GST: How The Major Tax Reform Has Impacted You
Business | Written by Sakshi Denis | Friday June 29, 2018
Items under GST are taxed in the following five tax brackets: zero per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent. Some items such as petrol, diesel and liquor are, in fact, not included in GST.
Public Provident Funds (PPF) Vs Mutual Funds (MF): Which Is Your Choice?
Business | Written by Sakshi Denis | Thursday June 28, 2018
Investors rely on mutual funds (MFs) when they want to create wealth while public provident funds (PPF) are handy when a customer wants to save money.
Bank Fixed Deposits Vs Corporate Fixed Deposits: Interest Rates, Taxation, Risks
Business | Written by Sakshi Denis | Friday June 22, 2018
Fixed Deposit Interest Rate: Thus, bank fixed deposits and corporate fixed deposits are the two types of fixed deposits.
Fixed Deposits (FDs) Vs Recurring Deposits (RDs): Which Should Be Your Pick And Why
Business | Written by Sakshi Denis | Friday June 8, 2018
Fixed deposit vs Recurring deposit, which is better? In most cases, recurring deposit interest rates are very similar to that of fixed deposits.
How Credit Cards Can Make Or Break Your Credit Profile
Business | Written by Sakshi Denis | Tuesday May 15, 2018
However, people who often use credit cards must ensure that they maintain a good credit profile, else it may affect their loan approvals in future.
Notes Ban Impact Was "Transient", RBI Governor Tells Lawmakers: Sources
Business | Reported by Himanshu Shekhar Mishra, Edited by Sakshi Denis | Wednesday November 28, 2018
Citing strong fundamentals, Reserve Bank of India (RBI) Governor Urjit Patel told a group of lawmakers on Tuesday that the impact of demonetisation was "transient" and the economy had registered a robust credit growth of 15 per cent this fiscal, sources told NDTV. The RBI chief, seen to be at odds with the government over a range of issues includin...
3 Amrapali Promoters To Be Under Police Watch In Hotel, Without Phones
Business | Reported by A Vaidyanathan, Edited by Sakshi Denis | Thursday October 11, 2018
Three promoters of the beleaguered Amrapali Group will be kept at a Noida hotel under police surveillance for 15 days.
What Rise In Small Savings Scheme Interest Rates Means For You
Business | Written by Sakshi Denis | Thursday September 27, 2018
The government recently raised interest rates on small savings schemes such as fixed deposits (FD) and recurring deposits (RD), up to 0.4 per cent or 40 basis points for the period from October 1, 2018 to December 31, 2018. This means that small saving scheme investors will get higher interest rates for the quarter ending December as compared to th...
Centre Confident Of High Growth, Meeting Fiscal Deficit Target: 10 Points
Business | Reported by Sunil Prabhu, Edited by Sakshi Denis, Anshul | Saturday September 15, 2018
Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...
FD Interest Rates Go Up, But Small Savings Scheme Returns Remain Unchanged. Here's Why
Business | Written by Sakshi Denis | Saturday August 11, 2018
Interest rates for small savings schemes - such as public provident fund (PPF) and senior citizen savings scheme (SCSS) - for the quarter ending September 2018 have been kept unchanged. However, return on bank fixed deposits has risen. Here's all you need to know about various factors that impact interest rates on small savings schemes.
We Will Leave Promoters, Directors Homeless, Supreme Court Warns Amrapali
Business | Reported by A Vaidyanathan, Edited by Sakshi Denis | Wednesday August 8, 2018
All directors and promoters of real estate major Amrapali Group will be rendered homeless if the company fails to deposit Rs 5,000 crore needed to build unfinished projects, the Supreme Court warned on Wednesday. The top court also directed the group to submit a proposal on selling of its assets to raise Rs 4,000 crore to enable completion of housi...
How To Grow Your Wealth Now To Have Enough For Old Age
Business | Written by Sakshi Denis | Sunday July 15, 2018
If you seek a financially sound retired life, you need to start planning and saving early for the time when you will not be working.
No Merit In Cyrus Mistry's Case Against Sacking As Tata Chairman: Court
Business | Reported by Saurabh Gupta, Edited by Sakshi Denis | Monday July 9, 2018
Cyrus Mistry was removed as chairman because Tata Sons Board and its members lost confidence in him, ruled the National Company Law Tribunal (NCLT).
Why Small Finance Banks Offer Higher Interest Rates Than Larger Peers
Business | Written by Sakshi Denis | Sunday July 1, 2018
Interest rates on savings accounts, recurring deposits (RDs) and fixed deposits (FDs) of small finance banks are as high as 9%-9.5%.
Should Petrol, Diesel Be Brought Under GST Regime? What Experts Say
Business | Written by Sakshi Denis | Saturday June 30, 2018
One Year of GST: If petrol and diesel are also brought under the GST regime, can it help provide relief to consumers?
One Full Year Of GST: How The Major Tax Reform Has Impacted You
Business | Written by Sakshi Denis | Friday June 29, 2018
Items under GST are taxed in the following five tax brackets: zero per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent. Some items such as petrol, diesel and liquor are, in fact, not included in GST.
Public Provident Funds (PPF) Vs Mutual Funds (MF): Which Is Your Choice?
Business | Written by Sakshi Denis | Thursday June 28, 2018
Investors rely on mutual funds (MFs) when they want to create wealth while public provident funds (PPF) are handy when a customer wants to save money.
Bank Fixed Deposits Vs Corporate Fixed Deposits: Interest Rates, Taxation, Risks
Business | Written by Sakshi Denis | Friday June 22, 2018
Fixed Deposit Interest Rate: Thus, bank fixed deposits and corporate fixed deposits are the two types of fixed deposits.
Fixed Deposits (FDs) Vs Recurring Deposits (RDs): Which Should Be Your Pick And Why
Business | Written by Sakshi Denis | Friday June 8, 2018
Fixed deposit vs Recurring deposit, which is better? In most cases, recurring deposit interest rates are very similar to that of fixed deposits.
How Credit Cards Can Make Or Break Your Credit Profile
Business | Written by Sakshi Denis | Tuesday May 15, 2018
However, people who often use credit cards must ensure that they maintain a good credit profile, else it may affect their loan approvals in future.
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