Mumbai, Sep 19: The government decision to merge three state-run banks came as a surprise for the three lenders but not for the investors tracking the banking sector. Stock investors became poorer by Rs 2.72 lakh crore in two days of

New Delhi, Sep 20: The government has raised interest rates on small savings schemes, including NSC and PPF, by up to 0.4 per cent for the October-December quarter, in line with rising deposit rates in the banks. Interest rates for small

Mumbai, Sep 21: Indian stock markets (Sensex and Nifty) witnessed a sudden sell-off in the afternoon dealings on Friday with Sensex crashing 1,128 points and Nifty falling well below 11,000-mark while DHFL nosedived 55% following the rout in NBFCs and housing

Mumbai, Sep 26: The Yes Bank board on Tuesday decided to seek at least a three-month extension for Rana Kapoor, managing director and chief executive, from Reserve Bank of India (RBI) beyond 31 January, 2019. The RBI had last week

New Delhi, Oct 11: Buying a car or two-wheeler has become costlier than before. Thanks to the increase in insurance cost over the past year. The Insurance Regulatory and Development Authority of India (Irdai) has introduced two new sets of rules

Don't let your car insurance expire! Driving a car with an expired car insurance policy is a punishable offence as per The Motor Vehicles Act, 1988. An expired car insurance policy is considered invalid by car insurance companies. Thus, you won't

The past few years have been rife with significant financial changes such as RBI's consecutive rate changes, and introduction of PMAY. And while we haven't yet recovered from these transitions, the country is preparing for another big event - the Lok

A bike owner usually thinks of two-wheeler insurance as a formality. It is often perceived as an added cost instead of a financial cushion. Bikers might boast about their knowledge regarding tuning, maintaining, and beautifying their beloved two-wheelers but the same

The word insurance roughly paints a picture of financial protection in our mind. It helps us sail through rough times in which we need financial aid. A person secures his/her future against an unfortunate event or peril with insurance. This is

With the end of Financial Year 2018-2019 approaching, you may be looking for ways to claim deductions, save on taxes, and boost your net gains. With the deadline just a few days away, now is the time to double your efforts

Karnataka, Nov 19: Nippon Paint (India) Private Limited (Decorative Division) Asia's leading paint manufacturer today launched the MATEX EZ Wash Paint - an interior emulsion catering to all the vital decorative needs of a household, particularly washability. The paint is developed

- எழுத்தாளர் லதா சரவணன் வியர்வைகளால் கவிதை எழுதி உழைப்பு என்னும் உறையில் இட்டு அதன் ஊதியமாய் சில வெண்மணிகளைப் பெறும் போது கீற்றாய் வெளிப்படும் புன்னகைக்கு ஈடாகாது எந்த உதட்டுச்சுழிப்பும். என்றுமே உழைப்பிற்கென்று தனி மதிப்பு உள்ளது. துள்ளித்திரியும் காலத்தில் கூட நம்மையும் அறியாமல் உழைப்பு நம்மோடு இணைந்து கொண்டேதான் இருந்திருக்கிறது. நாம் தான் அதை

அம்மா உன்னைப்பற்றி எழுதுவதுஎன்றால் எதை எழுதுவதுஎதை விடுவது அப்போதெல்லாம் பிளாஸ்க்கிடையாது அர்த்த ராத்திரியில்தாய்ப்பால் பத்தாமல்வீறிட்டும் அழும் உனக்குபால் கலக்க வெந்நீர் காய்ச்சஓலை வச்சி தீப்பத்த வச்சிநான் பால் பொடி கலக்கிகண் தூக்கம் 'தொலைத்தகாலம் உண்டம்ம்மா என்றுநீ சொல்லி தான் எனக்குதெரியும் அம்மா Mother's day: ஆராரிராரோ.. நீங்க அம்மா செல்லமா.. சொல்லுங்கள் எங்களிடமும்!

Shares of HCL Technologies plunged nearly 5 percent on the Bombay Stock Exchange (BSE) after the IT major reported a lower than expected 1.5 percent quarter on quarter rise in its net profit at Rs 22.27 billion for the quarter ending

Moody's Investors Service, a global rating agency, said that Adani Ports and Special Economic Zone Limited's (APSEZ) (Baa3 stable) results for fiscal 2018 are within Moody's expectations. In fiscal 2018, APSEZ's reported revenue of Rs 113 billion, up by 34

Wockhardt - the global pharmaceutical and biotechnology organization's stock has dipped by 8 percent after the company announced its financial results. The company reported its fourth quarter and fiscal 2018 results on Friday, May 4, 2018. Based on the financial

The two Indian equity benchmarks closed at a record high on Monday. S&P BSE Sensex Index closed 0.36 percent higher at 37,691.89, while the NSE Nifty 50 Index closed 0.2 percent higher at 11,387.10. They were mainly driven by shares of

The country's third largest bank surged to its six-month high in morning trade after clarifying to the stock exchanges that it had made full disclosures of its bad loans and accounting policies. The share price of ICICI Bank advanced as much

The Indian stock markets have fared better than most of the developed equity markets around the world. The Bombay Stock Exchange's (BSE) index Sensex has recorded a little over 20 percent of returns in the past one year outperforming New York

Indian equity benchmark indices marked new highs in closing trade today. The S&P BSE Sensex rose by 51.01 points, or 0.13 percent to 38,336.76 while NSE's Nifty 50 increased by 11.85 points, or 0.10 percent, to close at 11,582.75. Nifty had

The BSE Sensex closed 1.16 percent higher at 38,694.11 gaining 442 points on Monday while NSE's Nifty 50 advanced 1.17 percent to close at 11,691.95 points, aided by the gains in Asian markets and record Wall Street highs reported on Friday.

Shares of sugar manufacturers have increased by close to 20 percent in trade on Friday after the government approved a nearly 25 percent hike in the price of ethanol made directly from sugarcane juice to be blended in petrol. This news

The stocks of most non-banking finance companies (NBFC) fell they dragged BSE's Sensex over 1,000 points in the trading session on Friday. Shares of Dewan Housing Finance Corporation (DHFL) more than halved at from a 57.42 percent drop. Other firms that

Stocks of aviation companies plunged in morning trade on Thursday after an increase in their import duty burden. The government on Wednesday night introduced a 5 percent basic customs duty on aviation turbine fuel (ATF) that is used to fly airplanes

Indian stock markets have been seeing many of its stocks, especially those of the banking and finance companies bleed this week. While BSE's Sensex opened at 36,495 points on Friday, NSE's Nifty started below its 11,000-mark at 10,993 points. In morning

Shares of Reliance Industries Limited (RIL) tumbled 7 per cent on Bombay Stock Exchange amid spurt in volume trade. According to data available with exchange, as much as 9.12 lakh shares have changed hand over the counter as compared to two-week

Crisis-hit Jet Airways Monday said it was working out a "mutually acceptable" arrangement regarding salary dues.Salary payments have been delayed for many employees, including pilots. The airline management had promised to clear salary dues of its pilots by March."We wish

More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said Thursday."At this moment, they (airline) have 70 aircraft that are operational. At early December,

Starting 1 April 2020, dividend income earned on shares of an Indian company or from a mutual fund scheme is taxable in the hands of the receiver based on the tax rate applicable to their total income. The dividend earned will

Before we head on to answer your queries on your investments in mutual fund schemes, here we clarify that last evening after the amc company Franklin Templeton was left with no option on barely any new subscription and other liquidity issues,

In light of the COVID-19 lockdown situation, the Insurance Regulatory and Development Authority of India (IRDAI) issued a notification on Friday allowing some insurance companies to provide the Aadhaar-based authentication to complete KYC procedure to provide insurance services. "To facilitate

Akshaya Tritiya is an auspicious day in the Hindu Calendar that is believed to bring good fortune and prosperity with the purchase of gold. In 2020, this day falls on 26 April, amid the nationwide lockdown. Apart from the tradition, gold

While we are already facing an unprecedented situation with the outbreak of Covid 19 and to overcome it lockdown has been in place for quite a while now, the auspicious occasion of Akshaya Tritiya that falls on April 26, 2020 can

We are living in unprecedented times. Businesses are getting impacted rapidly, interest rates are falling and a bank like Yes Bank, had to be bailed out. Even as interest rates are low, it is time to look at deposits from non

Like life insurance policies which can be paid in monthly, quarterly, bi-yearly modes, soon you will be able to pay health insurance premiums similarly. This has come amid Covid 19 outbreak after IRDAI's call on the issue, when people have been

Highly leveraged companies may find the going tough in the next few months, as rapid rise in covid-19 infections, make business prospects highly unpredictable. Even if infections abate in the next three months or so, companies that have high levels

Charlie Munger, the vice-chairman of Berkshire Hathway, the investment company controlled by billionaire Warren Buffet, is not looking at making investments amid the COVID-19 crisis. In a recent telephonic interview with the Wall Street Journal, Munger was asked if his investment

After extreme volatility recently seen the stock markets and mutual fund investments, you may be looking at more stable options to put your savings aside for the long term. One such conservative investment tool is the EPF (Employees' Provident Fund) that

As the time passes so quickly, another fiscal year is turning to an end soon, and most of the tax payers must be in the state of panic about keeping the things in order. They might also be planning to approach

There is bad news everywhere amid Covid 19 crisis which has led most employed to fret about job loss or salary cuts. Various industries hit the most including aviation has announced no pay-outs for April, May month. At the same time,

The ongoing COVID-19 crisis brings to light the need to have health and life insurance covers to face unforeseen emergencies. You can take now take advantage of the relaxed rules and options to either purchase a new policy or increase your

The last few months have seen share prices fall like nine pins, interest rates on fixed deposits collapse and even moratorium being placed on withdrawals of a particular bank. At such times, it is very important to look for safety and

Indian currency rupee against the dollar has tumbled to a historic low of 76.91 per US dollar on April 22, 2020 and as per reports it may touch levels of 80 as the pandemic Covid 19 brings with it a lot

Amid the coronavirus pandemic, the retirement fund body Employees' Provident Fund Organisation (EPFO) has granted provision to allow withdrawal of funds from the fund balance to tackle liquidity crunch. Nonetheless, while the institution has received many such withdrawal request there has

At this grim hour, when paying rent can be dentful task HDFC's payment app PayZapp has tied up with NoBroker for offering cashback or rewards on rent payment. NoBroker is the brokerage free real estate portal. And the facility can be

Given the fact that digital KYC or know your customer has been in place for long but no institutions followed similar standards, the government as well as the SEBI have come forth amid the pandemic-led lockdown and instructed to move to

State Bank of India (SBI) has initiated an emergency loan scheme for its customers amid the nationwide lockdown to curb the spread of COVID-19. It allows bank account holders of the nation's largest bank to apply for the loan on its

Brokerage firm, Motilal Oswal is bullish on the stock of Larsen & Toubro and has set a price target of Rs 1,200 on the stock, as against its current market price of Rs 825.

On Friday, the Income Tax Department informed that for NRIs/foreign visitors whose stay in India was prolonged due to lockdown, the prolonged stay would not be considered for residential status calculations for income tax purposes for the financial year 2019-20.

Recently, amid falling interest rates, SBI as an incentive to attract senior citizens launched a special retail deposit scheme called ‘SBI Wecare Deposit' with a marginally higher premium of 30 bps. Usually senior citizen investor community on FDs is provided a