The MADP will invest across seven asset classes including large-cap and mid-cap domestic equities, international equities, gold, government bonds, corporate bonds, and liquid funds Source:…
Payment banks, according to the RBI, are the next step in financial inclusion since they offer small savings accounts and payments/remittance services to migrant workers,…
The Reserve Bank of India (RBI) decided to raise the repo rate by 50 bps to 4.9 per cent during its monetary policy meeting on…
Mutual funds: If someone is planning to make fresh investment for short term, say 6 months to 2 years, debt funds for short term to…
A multiple of 10 times is suggested to account for higher inflation, rising education costs for children, and the healthcare costs for your parents. Source:…
The interest rates on resident term deposits of less than ₹2 crore have been revised by Yes Bank, a private sector lender. The bank announced…
RBL Bank, a private sector lender, has revised interest rates on fixed deposits below ₹2 crore. The bank announced this today, June 8, 2022, and…
Keshav Prasad and Mohini Latha used their own funds, and a home loan which was also tax-efficient Source: money
Gifts within relatives are exempted under section 56 of the Income Tax (I-T) Act 1961 Source: money
Innovations by online platforms increase access for investors but mask risks Source: money