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InvestmentYogi
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We work hard and wait eagerly for our annual performance appraisal – all for a few Rupees more! But most often this money gets spent in an impulsive way and we regret later and wish that you had used the money for a better cause. So we present...
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Petrol prices in India are costlier than the US but cheaper than European countries, Minister of State for Petroleum and Natural Gas R P N Singh said today. Petrol in Delhi is priced at Rs 63.70 a litre, while the same in USA is priced at Rs 42.82 per...
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As per the new provisions of the Income tax Act, exemption available on Interest income from Post office Savings bank account has been limited to Rs. 3,500 Per annum in case of individual, Rs 7,000 in case of Joint account. Earlier, interest income from...
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A government committee has suggested raising interest rates on Post Office savings bank deposits to 4%, a suggestion that could benefit lakhs of small depositors. The Committee on Small Savings also recommended linking returns on other small savings schemes...
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Recent developments in Indian Financial Markets The Indian financial markets are undergoing major transformation since the last 2 years. We are witnessing lot of new developments in Indian financial markets. This article attempts to cover some of the...
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Home, auto and corporate loans are likely to cost more, with the Reserve Bank raising key policy rates by half a percentage point, bankers said today. "I think banks do not have any other option but to increase rates. It could be 25...
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Warning of tough times ahead, the RBI today raised the key short term lending rate and savings bank rates by 50 basis points and advised the government to hike petroleum prices as soon as possible in line with the ruling global crude prices. ...
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In a bid to check inflation, Reserve Bank today raised its short term lending (repo) rate by 50 basis points to 7.25 per cent, while lowering the economic growth projection to 8 per cent for the current fiscal. The RBI has also increased the saving...
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Housing prices could go up, as the borrowing cost for developers is set to increase following the hike in short-term lending rates by the RBI, industry body CREDAI said today. However, real estate consultant Jones Lang LaSalle (JLL) said that developers...
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Birla Sun Life Mutual Fund has launched a new fund as Birla Sun Life Gold ETF, an open ended gold exchange traded fund. The investment objective is to generate returns that is in line with the performance of gold, subject to tracking error. The...
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Aiming to give more teeth to the investigation against black money, Income Tax Department hit by staff shortage today said it has sought an additional 22,000 staff to strengthen its various operations. Besides, the tax department will redeploy...
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Country's second largest private sector HDFC Bank has been declared the strongest bank in Asia Pacific by the Asian Banker magazine. The bank won this award, beating more than 50 banks across 13 countries in the Asia Pacific region, HDFC Bank said...
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Tax payers with annual income of up to Rs 5 lakhs will not be required to file returns, a move that will provide relief to about 70 to 80 lakh people. "Assessees with income up to Rs 5 lakh will be exempted from filing returns. The provision (regarding...
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If you’re buying a house, expect a call from the taxman. The income tax (I-T) department has decided to toothcomb property deals that could throw light on irregularities or tax evasion all over the country. Both individual and corporate deals are set...
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Edelweiss Mutual Fund today said it plans to launch a midcap-based fund within three months in an attempt to increase the number of products and assets under its management. ...
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