Interest
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FPIs outflow in equities crosses Rs 10,000 crore mark in September on rising US interest rates
Business | Sep 24, 2023, 12:23 PM ISTAccording to the data with depositories, in the 15 trading days, so far in September, FPIs were sellers in 11 days with a net withdrawal of Rs 10,164 crore. This figure includes bulk deals and investments through the primary market.
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Top government savings schemes to help grow your wealth: Check which one is best for you
Business | Apr 10, 2023, 05:40 PM ISTBest Govt Saving Schemes: The schemes cater to various segments of society. Some savings plans are aimed at senior citizens, while others are aimed at women's welfare. There are also special programmes for farmers and salaried workers.
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PPF Contributions: Deposit your contributions by today for maximum benefits
Business | Apr 05, 2023, 01:18 PM ISTMaking a deposit in your PPF account on or before the fifth of the month can help you earn higher interest.
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Planning a home loan? Know the difference between pre-EMI and full-EMI repayment plans
Business | Mar 01, 2023, 04:18 PM ISTPre-EMI payments can cost less than normal EMI payments, which pay the principal and interest on the loan.
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Bring policy to refund 'interest on interest' charged during moratorium period: RBI asks NBFCs
Business | Apr 08, 2021, 12:38 PM ISTSC last month ruled that no penal or compound interest would be charged on any loans, including those above Rs 2 crore, during the six-month moratorium announced by govt against Covid backdrop.
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Interest earned on PF contributions above Rs 2.5 lakh now taxable
Business | Feb 01, 2021, 04:23 PM ISTThe interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee's contribution and not that of the employer.
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ETFs catch on, total assets base on NSE rises 9 per cent in 6 months to Rs 1.5 lakh crore
Business | Nov 08, 2019, 05:52 PM ISTTill September, a total of 71 ETFs were benchmarked to various equity and debt indices, while the number stood at 66 by March this year. "Increasing awareness about ETFs, large cap active funds struggling to outperform large cap indices based ETFs and low fund management fees of ETFs are few other key factors which have helped the growth of ETF in India," NSE said in a statement on Friday
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IL&FS Financial Services defaults on payments as low as Rs 4 lakh
Business | Nov 05, 2019, 01:06 PM ISTProviding the intimation of default in payment obligations, IL&FS Financial Services defaulted on seven such payments beginning October 31 to November 4.
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Interest on home, auto, MSE loans to be linked to new benchmarks from April 1
Business | Dec 05, 2018, 10:40 PM ISTThe RBI's statement also said final guidelines regarding board of management in Primary (Urban) Co-operative Banks (UCBs) will be issued during the month.
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SC asks Supertech to deposit Rs 10 crore to pay interest to home-buyers
India | Feb 20, 2018, 08:33 PM ISTThe apex court took note of the report of advocate Gaurav Agrawal, who is assisting it as an amicus curiae, that there was a list of 164 home-buyers.
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Demonetisation aftermath: Govt waives Rs 660.50 cr interest on crop loans for Nov-Dec
Jan 24, 2017, 04:49 PM ISTIn a major relief to farmers hit by cash crunch on account of demonetisation, the government today decided to waive Rs 660.50 crore interest on short-term crop loans for November-December 2016. Besides, it will also
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Builders to pay 10.9 pc interest to buyers for delay in project
India | Nov 01, 2016, 01:13 PM ISTthe Centre government on Monday notified rules to implement the Real Estate Regulation Act (RERA), including one which compels builders to pay 10.9 per cent interest to buyers for any delay in handing over apartments.
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Interest on inoperative PF accounts from April, 9 crore subscribers set to benefit
Mar 29, 2016, 08:23 PM ISTNew Delhi: Employees’ Provident Fund Organisation’s (EPFO) today decided to provide interest on inoperative accounts from April 1, a move that is set to benefit over nine crore PF account-holders having total deposits of over
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Greek Prime Minister Alexis Tsipras thanks finance minister who quit
World | Jul 06, 2015, 09:57 PM ISTAthens: Greek Prime Minister Alexis Tsipras thanked Finance Minister Yanis Varoufakis on Monday for his "ceaseless efforts" to defend the interests of Greece in negotiations with creditors, according to government spokesman Gabriel Sakellaridis.Varoufakis announced his
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Modi gifts interest free loan worth Rs 6000cr
India | Jun 10, 2015, 03:51 PM ISTNew Delhi : The cabinet on Wednesday approved Rs.6,000 crore interest free loan to sugar mills to make payments to sugarcane farmers, Road Transport and Highways Minister Nitin Gadkari said.“We have taken this decision in
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RBI monetary policy review today; industry waits for rate cut
Jun 02, 2015, 07:27 AM ISTNew Delhi: With inflation and fiscal deficit under control, bankers and industry leaders expect the Reserve Bank to lower its key policy rate today to support economic activity and boost investment.The wholesale price index based
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Low interest rates important, but consumer demand key: Raghuram Rajan
May 20, 2015, 07:48 AM ISTNew York: Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan today said lower interest rates and tax incentives can boost investments, but it is consumer demand that
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Will break vicious cycle of high inflation-interest rate: FM
Jun 09, 2014, 06:18 PM ISTNew Delhi: Committing to break the vicious cycle of high inflation and high interest rate, Finance Minister Arun Jaitley today made a case for putting in place strict measures and special courts to stop hoarding
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Klopp, Guardiola not interested in Manchester United job
Football | Apr 23, 2014, 08:55 PM ISTMunich: Jurgen Klopp said he is not interested in taking up the job of Manchester United manager since he is committed to Bundesliga side Borussia Dortmund."Man Utd is a great club and I feel very
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Hurt by slowdown, industry urges RBI to cut interest rate
Mar 30, 2014, 05:14 PM ISTNew Delhi: Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy.Industry's demand