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NPS Rules On Voluntary Retirement: Things You Should Know

40 minutes ago

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National Pension Scheme (NPS) is the Central Government's social security initiative that was started for government employees but later opened to those working in the private and unorganized sectors as well with an exception of those who work for the armed..

TCS Shares To Turn Ex-Dividend On October 17

2 hours ago

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During its second quarterly results announcement, the IT giant Infosys has announced an interim dividend of Rs. 5 together with a special dividend of Rs. 40 per share. The dividend will be paid to TCS shareholders on October 24 and only..

Wipro Posts 36% Jump In Q2 Profit

20 hours ago

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On Tuesday, Wipro Limited reported a 35.82 percent increase in net profit for the second quarter of the financial year 2019-20 at Rs 2,561.30 crore from Rs 1,885.70 crore in the same period of the previous year. The IT giant's gross..

Now India Post Savings Account To Offer Mobile Banking Solution

yesterday

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Well to provide a better customer experience, postal department will also allow mobile banking for its savings account holder. And this will facilitate millions of customers to access their accounts at the post office and even transfer funds between PPF and..

Gold Gains Ahead Of Brexit Uncertainty And Lack Of Clarity On US-China Truce

yesterday

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After some correction on the back of optimism around US-China trade deal, gold has again headed northward both in domestic as well as global markets. The hike has come for the second consecutive day wherein on the MCX, gold December contract..

BSE To Suspend Trading In Scrips Of 16 Companies From Nov 4

yesterday

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Due to non-compliance with listing norms, the BSE will suspend trading in scrips of as many as 16 companies with effect from November 4. The companies to see suspension of trading in its scrip include 8K Miles Software Services,..

Indian American Abhijit Banerjee With 2 Others Wins Nobel Economics Prize

yesterday

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On Monday, Mumbai-born Abhijit Banerjee won the 2019 Nobel Prize for Economics jointly with his wife Esther Duflo and another economist Michael Kremer. They bagged the award for their "experimental approach to alleviating global poverty". Banerjee is currently the..

4 Reasons Why Senior Citizens Should Continue To Invest In FDs Despite Falling Rates

yesterday

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In the sunset years, to ensure you have regular income flow such that you are able to meet both recurring as well as non-recurring expenses, investors have to be proactive. While you through diligent financial planning exercise might have created..

What Is Assignment In Life Insurance? Know All

2 days ago

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Selling of life insurance policies is not possible as with other assets and herein you need to surrender the policy that entails a costs, however if you wish to liquidate your investment in it, there is an option whereby you can..

Gold Continues Its Fall For The Third Day On US-China Trade Optimism

2 days ago

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On Monday, gold prices eased in the international markets as well as India as optimism around trade talks between the US and China renewed risk appetite among investors. A stronger rupee also lowered the burden for Indian buyers of the yellow..

Infosys Pares Early Losses; Trades Higher By 4% After Q2 Results.

2 days ago

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Shares of Infosys in early-trade opened weak despite the company's second quarter earnings came in line with the street expectations. The stock opened weak by over 2%. The company's net profit for the quarter ended September came in lower by 2.2%..

India, China To Set Up New Mechanism For Trade And Investment

3 days ago

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On Saturday, the second day of the informal summit between Prime Minister Narendra Modi and Chinese President Xi Jinping, it was agreed to set up a new mechanism to handle trade and investment issues. Indian foreign secretary Vijay Gokhale..

SBI Reduces Recurring Deposit Interest Rate

3 days ago

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The State Bank of India has slashed the interest rate on RD deposits for select tenures. The bank offers RD deposits for a term between 1 to 10 years. It is to be noted that for medium term deposits, the bank..

Gold Prices Decline On Progress In Brexit, US-China Trade Talks

4 days ago

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Reflecting the trend in the global markets, gold and silver prices in India declined at the end of the week. Gold futures on MCX closed the week Rs 314 or 0.82 percent lower at Rs 37,845 per 10 grams of 22..

Markets May Remain Rangebound Next Week

4 days ago

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The week was extremely volatile for the broader markets, especially a sudden dip in select stocks. The Nifty ended the week with gains of around 130 points. Several stocks reacted to news, which pushed them lower. IndiaBulls Housing Finance was the..

Axis Bank Express FD: Should You Opt For This Short-Term FD Facility?

4 days ago

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A couple of weeks back, Axis Bank launched its "Express Fixed Deposit" product that according to the lender's website can be opened in just "3 minutes" online without holding a savings account with the bank. For a country that likes the..

Domestic Car Sales Fell 33% In September; 11th Consecutive Month Of Decline

5 days ago

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According to data released by SIAM (Society of Indian Automobile Manufacturers) on Friday, domestic car sales fell by 33.4 percent to 1,31,281 units this September when compared to 1,97,124 units in September 2018. Total domestic passenger vehicle sales declined by 23.69..

SBI Restores Processing Fee On Home Loan

5 days ago

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As per a leading dailies report, SBI has withdrawn the initial waiver announced in respect of processing fee on top up loans, corporate, builder and home loans. The circular from the bank said, "The waiver will continue for proposals sourced up..

How Many Companies Are Listed On The BSE?

5 days ago

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The Bombay Stock Exchange or the BSE has the largest number of listed companies in the world. As on Oct 10, 2019, the number of companies listed on the BSE were 4,744. However, it is not as if that all listed..

TCS Reports Q2 Net Profit At Rs 8,042 Crore; Announces Special Dividend

5 days ago

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The September-quarter earnings season kicks in with the announcement of results for Tata Consultancy Services (TCS). The IT giant reported a 1.80 percent jump in net profit at Rs 8,054 crore for the second quarter on a year-on-year basis. The..

How To Check If You Have Been Alloted Shares In IRCTC IPO?

5 days ago

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If you were one of the bidders of the recent IPO (Initial Public Offering) issue of IRCTC (Indian Railway Catering and Tourism Corporation), you must be eagerly waiting to know if you have been allotted shares. The allotment status will likely..

Here's How Sovereign Gold Bonds Are Taxed

6 days ago

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The Reserve Bank of India (RBI) periodically issues sovereign gold bonds which are efficient alternatives to investment in physical gold. Currently, the SGB Series V is open for investors. Apart from being market-linked options to invest in gold, SGBs have other..

Vodafone Idea, Airtel Shares Jump After Jio Revises Call Prices

6 days ago

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Telecom shares gained on Thursday after Reliance Jio announced that it will charge its customers on voice calls made to other networks in an effect to curb its IUC expenses amid regulatory uncertainty. The decision is a reversal of the operator's..

Rupee Opens Higher At 70.89

6 days ago

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Rupee in Thursday's session is seen trading higher at 70.9 versus the previous session's close of 71.07. The drop in the currency is expected to continue to remain for sometime more as global headwinds put a pressure. Further as per..

Sensex Surges 600 Points; Bharti, Ultratech Lead Gainers

6 days ago

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Benchmark indices surged in trade, in later afternoon deals, led by gains in Bharti Airtel, Ultratech Cement and Banking names. Heavyweights, ICICI Bank and HDFC Bank pushed the indices higher, thanks to their high weightage in the index. Shares in..

LIC Housing, PNB Housing, L&T Finance Shares Hit 52-week Lows

7 days ago

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Stocks of bluechip companies from the NBFC and the Housing Finance space have come crashing down to 52-week lows.Among these include the likes of PNB Housing Finance, L&T Finance Holdings and LIC Housing Finance.L&T Finance Holdings hit a new 52-week low..

Markets End With Decent Gains On Firm Global Cues

7 days ago

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The key domestic benchmark indices ended the Monday"s trading session in positive territory with decent gains on account of buying in frontline blue chip counters. The market sentiments were on upbeat note amid a firm rupee, progress of monsoons and strong..

Markets Trade Higher: Bharti Airtel, HUL Shares Advance

7 days ago

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The key domestic benchmark indices were trading marginally higher in the morning trading session. A bearish trend across Asia and a sell-off at Wall Street overnight continued to unnerve traders, curbing risk taking appetite and gains on the bourses...

Markets Open Lower In Early Trade

7 days ago

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The key domestic benchmark indices opened in negative territory as the Brexit overhang continued to dampen trading sentiment at Dalal Street. UK"s shock exit from the European Union has aggravated uncertainty surrounding the global economic outlook, curbing risk taking appetite. {image-stockmarketsfalling4-27-1467002029.jpg..

Sensex Down 148 Points; Nifty Slips Below 8200

7 days ago

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The key domestic benchmark indices extended losses during the late noon trading session on profit booking amid mixed global cues. At 14:18 hours, the 30-share benchmark index was trading at 26664.04 down by 148.74 points or by 0.55 per cent, while..

4 Fixed Deposits That Offer Yields Of 9% To 11%

7 days ago

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It is good to ensure before you invest in Fixed Deposits that you check the yields and not interest rates. This is because ultimately yields are important and not interest rates...

India’s Bank Deposit Insurance Is The Lowest In The World Says Report; Why Is It Significant?

8 days ago

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In a research report by the State Bank of India (SBI) released on Monday, the public-sector bank said that the protection provided for bank deposits made in India through insurance cover is among the lowest in the world. Our bank accounts..

5 Best UTI SIP Plans To Invest In

8 days ago

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If you are looking to buy into SIP plans of UTI there are plenty of options. If you are a risk averse investor you can look at some debt dedicated schemes. On the other hand, if you are willing to take..

Sovereign Gold Bond To Be Available At A Discount Of Rs. 1695/10 gm

9 days ago

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To capitalize on the festive season, where gold buying increases and during this time so that investors take on to paper investments in it, the government has decided to come up with SGB issue twice this month. First the..

Sovereign Gold Bond Issue Price Fixed At Rs. 3788 Per Gm

11 days ago

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Sensex Slides Following RBI’s GDP Guidance

11 days ago

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Benchmark indices fell sharply in trade today, despite the Reserve Bank of India delivering on a 25 basis points cut and presenting an accommodative stance. While initially the markets traded for a brief period in the green following the RBI policy,..

How Can You File Your Aadhaar Related Complaints Over Post, Telephone and Online?

11 days ago

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Aadhaar has become an essential part of one's day-to-day activities in India. Apart from serving as a valid identity proof, this 12-digit unique ID is required to file Income Tax Returns or get subsidy on LPG cylinders. There have been several..

NEFT Fund Transfer Can Be Initiated 24 Hrs Now

12 days ago

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RBI in order to make banking transaction including payment transfer easy will now on facilitate NEFT transactions all through the day as against only during working hours on weekdays. In its monetary policy today, RBI Governor Shaktikanta Das said the new..

NSE To Delist 9 Companies On 17 October

12 days ago

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The National Stock Exchange (NSE) will be delisting nine companies including Lanco Infratech and Moser-Baer from its platform from 17 October. The nine companies are Amar Remedies, Supreme Tex Mart, Samtel Color, Hindustan Dorr-Oliver, Servalakshmi Paper, LML, Hanung Toys and Textiles,..

4 Best SIPs From Aditya Birla Sun Life Mutual Fund

12 days ago

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If you are looking to invest in Systematic Investment Plans (SIPs) of Aditya Birla Mutual Fund, then you have plenty of options. Here are 4 best SIPs from Aditya Birla Sun Life Mutual Fund. We have balanced the choices with large..

Gold Prices Gain As US-China Trade Tensions Revive

12 days ago

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Gold prices and silver prices in India gained on Friday morning on global cues. On MCX, gold rate by 10 grams touched Rs 38,429 while silver price per kilo went as high as Rs 45,995. In the international market, spot gold..

New Health Insurance Norms To Be A Saviour For Policyholders- Know Them

13 days ago

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As per the IRDAI's ruling this Monday, now insurance companies will not be able to deny cover for diseases contracted after the insurance policy is in place and also will have to extend health cover for diseases linked to hazardous work,..

Gold Extends Gains As US Jobs Data, Fresh Tariffs On EU Offer A Leg Up

13 days ago

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Even as the gold continued to show correction as there were hopes of a sooner than expected US-China trade deal, the fresh concerns after the US imposed fresh tariffs on the European Union and important metrics from the US on its..

Rupee Opens Lower At 71.22

13 days ago

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Rupee in Thursday's trade resumed at a weak note, dropping 14 paise against previous session's close of 71.08 per US dollar. In the previous session, just before the trading holiday on October 2, rupee fell on account of heavy..

RBL Bank Shares See Biggest Fall Since Listing To Touch All-Time Low

14 days ago

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Shares of RBL Bank sank by 21.8 percent in trade on Tuesday and touched an all-time low of Rs 257.05. This is the stock's third consecutive session of losses. The stock has lost 40 percent of its value in 4 months..

Reliance Offers JioPhone At Half Price In Diwali Offer

14 days ago

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Reliance Industries Ltd (RIL) has reduced the price of its 4G feature phone - JioPhone, by more than half from Rs 1,500 to Rs 699 as part of a limited period Diwali offer. The telecom operator is aiming to..

IRCTC IPO Fully Subscribed

15 days ago

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In the opening hours of Tuesday, the initial public offering (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC) was fully subscribed. Data on the exchanges showed that the Rs 645 crore issue received bids for 2.55 crore equity shares as..

Now Graded Exit Load On Liquid Funds

an hour ago

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After asking AMFI to work out exit load, the market watchdog SEBI has accepted its recommendations in relation to graded exit for liquid funds that are redeemed within 7 days period from the investment date. The graded exit load has been..

Rupee Opens Lower At 71.54

3 hours ago

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Rupee opened lower at 71.59 versus the previous day's close of 71.54 per US dollar. The rupee has been influenced by low exports which came in at a 7-month low as well as global factors that still are shaky in respect..

Syndicate Bank, Lakshmi Vilas Bank Dip To 52-Week Lows On RBI Penalty

22 hours ago

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On Tuesday, shares of state-run Syndicate Bank and private lender Lakshmi Vilas Bank fell to their 52-week lows following the Reserve Bank of India (RBI) imposed penalties on them for violation of asset classification and fraud detection rules. In..

On The Second Day Of Listing, IRCTC Shares Touch New High

yesterday

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On Tuesday, a day after the IRCTC shares made a bumper listing debut on the stock exchanges, the stock hit another new high of Rs 747.40 on NSE before paring losses on profit booking. On the first day of..

Why Did Infosys Stock Continue Its Fall Despite Posting Better Than TCS Q2 Revenue?

yesterday

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It is the second trading day of losses for Infosys' stock post the announcement of its quarterly results. The IT giant's shares fell by 2.6 percent to Rs 765 a piece on Tuesday. It was the worst-performing stock on Sensex and..

Rupee Opens Flat At 71.24

yesterday

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Rupee resumed session on a weaker note, with marginal loss of 2 paise at 71.24 in comparison to its previous close of 71.22 per US dollar. Oil has declined in price following weak China data that has again..

ICICI Bank FD Health: Should You Opt For This FD + Health Insurance Scheme?

yesterday

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ICICI Bank has been expanding its retail banking products and included an "FD Xtra" segment where customers can get additional financial benefits on investing in a fixed deposit with the bank. There are options like 'FD Invest' where the customer can..

Blue Chip HFCs PNB Housing, LIC Housing Shares Slump To 52-Week Lows

yesterday

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Bluechip Housing Finance companies, including the likes of LIC Housing Finance and PNB Housing Finance have slumped to 52-week lows. Worries over a slowdown in the real estate sector, along with a tepid growth scenario have led to a slump in..

3 Dividend Stocks That Are Attractive To Buy

2 days ago

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At a time when the markets are falling, it would be a good idea to accumulate stocks that are great on dividend yields. The markets are now offering good opportunities for investors looking to buy into dividend yielding stocks. Here are..

Adani Gas Surges 18% On Total's Open Offer To Acquire Stake

2 days ago

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Adani Gas Ltd, part of Adani Group, on Monday in a statement said that French oil and gas major Total SA has made an open offer to acquire 37.4 percent stake in its company for Rs 5,662 crore. Following the disclosure,..

4 Super Tax Free Bonds That Give You Tax Free Income In India

2 days ago

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Tax free bonds offer tax free income to investors, which means the interest earned on these bonds are exempt from tax. These bonds were issued a few years back by government owned companies and are hence very safe as well. Among..

Delhi Govt Exempts Women From Odd-Even Driving Scheme

3 days ago

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Delhi's chief minister Arvind Kejriwal on Saturday said that women would be exempted from following the odd-even road rationing scheme that is set to return in the national capital for the third time from 4-15 November. "Women driving alone,..

DCGA Revises Rules To Make Air Travel More Convenient For Passengers

4 days ago

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On Thursday, DGCA's (Directorate General of Civil Aviation) director general Arun Kumar held a meeting with appellate authority officials and nodal officers of all scheduled domestic airlines to discuss passenger grievance redressal systems. Following the discussions, the airlines were..

Lost Or Damaged Your PAN: Get Its Reprint In Rs.50 Online

4 days ago

Business / GoodReturns/ Personal Finance

PAN or permanent account number is an important identity proof that is a must-required in case of some of the financial transaction. And if your PAN card has been tempered or is lost then you do not need to worry. As..

4 Steps To Choosing The Best Home Loan Option After External Benchmarking

4 days ago

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For better transmission of key monetary policy rates to end borrowers, the RBI with effect from October 1, 2019 has asked lender to link their floating rate loans i.e. retail as well as MSME loan to some external benchmarking rate. Until..

GST Set For The Biggest Tweak In 2 Years With Possible Rate Rejig

4 days ago

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Amid falling GST revenue collection, the Centre is likely to come up with the biggest review of GST and possibly with GST rate tweaks two years after its launch. The panel has been set up with 12 members from..

Gold Loses Sheen As US-China Trade Talk Resumes

5 days ago

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In India, gold fell in price for the second consecutive day as gains in the rupee limited any upward movement in the yellow metal. The metal on the MCX fell by 0.23% to ₹38,072 per 10 gram. Since its previous months'..

Paytm Payments Bank On Demand FD Scheme: Know Interest And Other Details

5 days ago

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After RBI's recent rate cut of 25 basis point, apart from the commercial bank, new age Paytm Payments bank has also reduced interest rate on its savings account offering by 50 basis points to 3.5% from the earlier 4%. The new..

TCS Falls 4% As Shares React To Not So Encouraging Q2 Results

5 days ago

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On Friday morning, shares of Tata Consultancy Services (TCS) fell by as much as 3.9 percent to an intraday low of Rs 1,925 on NSE. On Thursday, after market hours, the IT giant released its quarterly results for the..

Kerala Bank Set To Absorb State’s Co-operative Banks

5 days ago

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Kerala's Left front government comes closer to achieve its pending dream of setting up the state government's own bank. The Reserve Bank of India (RBI) on Wednesday approved the merger of district co-operative banks with Kerala State Co-operative Bank...

KYC Scam: Here's All You Need To Know About It

5 days ago

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Now that financial scams are on the rise with the breakthroughs in technology, you need to extra vigilant with what has been told to you as a banking customer. And now a new kind of fraud has unfolded by which miscreants..

Gold Price In India Remains Steady Even As Prices Climb Globally

6 days ago

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The yellow metal which in the past remained steady at around levels of $15000 per ounce in the international market has again scaled to a one-month high as the US-China trade talks which were to begin on Thursday have again stalled...

Indiabulls Housing And Lakshmi Vilas Tank After RBI Cancels Their Merger

6 days ago

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Shares of Indiabulls Housing and Lakshmi Vilas Bank tanked in morning trade on Thursday after RBI rejected the first of its kind attempt by an NBFC company to merge with a bank. Indiabulls Housing tumbled as much as 8.2%..

Aadhaar Requirement To Receive 3rd Installment Of PM KisanSamman Nidhi Relaxed

6 days ago

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On Wednesday, the Union Cabinet approved the relaxation of the mandatory requirement of Aadhaar Seeded data as a pre-condition to receive funds as a part of the Pradhan Mantri KisanSamman Nidhi (PM-Kisan) scheme to 30 November 2019. This means that Aadhaar..

Gold Prices In India Rise; Demand To Likely Dip On Dhanteras

6 days ago

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Gold prices in India rose for the second consecutive day on Wednesday on MCX. Gold futures (December 2019) were trading at Rs 38,472 per 10 grams of 22 carats, up by Rs 89 or 0.23 percent from the previous close. Silver..

SBI Loans Get Cheaper After Bank Cuts MCLR By 10 Bps

7 days ago

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The State Bank of India (SBI) on Wednesday reduced its MCLR (Marginal Cost of Fund based Lending Rate) by 10 basis points across all tenors. The new rates will be effective from 10 October 2019. "In view of the festival season..

Markets Open Higher In Early Trade; Tata Motors Surges

7 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices opened higher in the morning trading session as optimism over Asia"s third biggest economy bolstered risk taking appetite. Markets opened on a positive note amid strong progress of the Southwest Monsoon, hopes of the passage..

Markets End Flat As Caution Prevails After Brexit

7 days ago

Business / GoodReturns/ Commentary

Amidst choppy trade, the Indian benchmark indices signed-off Monday"s trade with slim gain helped by strong buying across broader market as markets struggled to shake off Brexit that continues to roil trading sentiment at Dalal Street. Meanwhile, caution and..

Markets Remain Under Pressure: Tata Motors, Tata Steel Shares Plunge

7 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices continued to trade in red in the afternoon trading session on Friday on account of sustained selling by funds and retail investors amid weak cues from the Asian markets, as EU referendum decisively favoured 'leave' campaign...

Should You Buy The Zee Entertainment Shares After The Present Fall?

7 days ago

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The tendency in the market today is that even if there is a slight adverse news, stocks are relentlessly punished. The Zee Entertainment stock is no exception, as the shares have fallen from levels of Rs 500 to Rs 250. The..

SBI Debit Card EMI Facility: Things To Know

7 days ago

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Here are some of the features of this new service: Zero cost EMI Zero documentation Instant disbursal No branch visit required No processing fee No minimum savings account balance requirement Loans are processed in less than a minute..

Festival Season - Renovate Your Home with Top-up Loan up to Rs. 50 Lakh with Bajaj Finserv

8 days ago

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According to Market Study Report, the global market for home improvement is set to grow at a CAGR of 4.5%. Global Market Insights, Inc reports that this market will be worth more than $1.1 Billion by 2025. Developed countries like the..

It's A Good Time To Buy Stocks Now

8 days ago

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In two trading sessions after the announcement of the corporate tax rate cuts, the Nifty rallied almost 8.20 per cent. It has now given-up almost half those gains and is up only 4 per cent. Many analysts had forecast that the..

6 Things To Remember When Closing Credit Card Account

11 days ago

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Like you decide on to close your idle bank account which you haven't used for a while, you can also consider closing your credit card account. There can be n number of reasons for such a decision as you may be..

EPF Contribution Towards Subscriber's A/c To Be Made Top Priority For Employer

11 days ago

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To boost the confidence of EPF subscribers, the government is mulling amendments to some sections of The Employees' Provident Funds And Miscellaneous Provisions Act, 1952 for bringing in more clarity in respect of the law. As per the new proposals, it..

Domestic Banks To Facilitate Forex Prices To Non-Residents At All Times

11 days ago

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The Reserve Bank of India (RBI) has now allowed Indian banks to freely offer foreign exchange prices out of their books to non-residents at all times either using a domestic sales team or through overseas branches. On 30 July, RBI's task..

RBI Increases Income And Lending Limits For NBFC, Micro-Finance

11 days ago

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In its presentation of the Monetary Policy Report for October 2019 and talking of Development and Regulatory Policies, the Reserve Bank of India (RBI) announced change in regulatory framework based on recco for Non-Banking Finance Companies (NBFC) and Micro-Finance Institutions (MFIs).{image-rbilogo-1569319881.jpg..

RBI Monetary Policy Review: MPC Cuts Interest Rates By 25 Basis Points

12 days ago

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The Reserve Bank of India (RBI) today cut repo rates or interest rates by 25 basis points, doing so for the 5th straight time. The repo is the rate at which the country's central bank lends money to the commercial banks..

Interest On Housing Advance To Central Govt Employees Reduced

12 days ago

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The Central Government has reduced the interest on House Building Advance from 8.5 percent to 7.9 percent for its employees, an official statement stated on Thursday. The reduction was made to boost housing demand. According to the the Union Housing and..

IRCTC IPO Recives Bids For Rs 72,000 Crore Against The Offer Of Rs 645 Crore

12 days ago

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The initial pubic offering (IPO) for IRCTC saw a massive demand for its shares in the three days of its issue. Investors bid for more than 225 crore shares in comparison to 2.02 crore shares on offer, as per data on..