Rupee, bond yields to move in narrow range, with focus on Fed meeting The Indian rupee and government bond yields are likely to take cues from the outcome of the U.S. Federal Reserve’s monetary policy meeting on Dec. 14, one of a host of high-profile, potentially market-moving economic events in the week. The rupee finished last week ...

Stories that demystify personal finance [ad_1] When I began writing this column 12 years ago, the editor’s brief was that I should demystify personal finance for the reader. As I look back, I wonder how I may have delivered. That verdict belongs to the reader. Writing every week since the inception of ET Wealth (except the one week when covid ...

Fixed denominations vs token system: Why digital cash needs to feel real Five years ago, central bank digital currencies were a curiosity. Now, they’re a fad. More than 40 economies are running pilots or are in the pretrial development phase, in addition to the 11 already using them. With rising interest, previously unasked questions about these new-age payment tools ...

5 types of stocks: Smart things to know [ad_1] Value stocks are available at cheaper valuations than the broader market and perform well in the recovery period of the economic cycle. [ad_2]

Improve credit health while negotiating a loan [ad_1] Rathin is a doctor. He earns well and has built up decent savings over the past 12 years. He now wants to buy some property and dreams of building his own hospital in future. However, his recent application for a loan was turned down by his bank because of a poor credit ...

CBDT issues important circular on TDS on salaries for current fiscal The Central Board of Direct Taxes (CBDT) in a circular related to TDS deduction from salaries has said that any person responsible for paying salary must deduct income tax while paying the amount. The circular said that the tax should be deducted at the average rate ...

Punjab National Bank plans Rs 1,000 cr AT-1 bond issue to shore up capital Public sector lender Punjab National Bank (PNB) plans to raise up to Rs 1,000 crore in capital through additional tier-1 (AT1) bonds. The proposed offering comes just after it raised Rs 4,000 crore through tier-II bonds in early December. Managing director (MD) and ...

bank of baroda mclr hikes: Bank of Baroda hikes MCLR by up to 30 bps; home loan, other loan EMIs to go up [ad_1] A whopping 35 basis points repo rate hike by the Reserve Bank of India (RBI) on December 7, 2022, has prompted many banks to increase their lending rates. Bank of Baroda is the latest lender to ...

Indian Overseas Bank revises interest rates on domestic, foreign currency Public sector Indian Overseas Bank has revised the interest rates on its domestic, foreign currency non-resident (banking) term deposits with immediate effect, the city-based lender said on Saturday. Depositors of domestic, non-resident external would receive interest rates up to 7.30 per cent by opening a term deposit ...

atal pension yojana: What to do if Atal Pension Yojana contribution stops from your post office savings account [ad_1] If your Atal Pension Yojana (APY) contribution is not being deducted due to closure of your post-office savings account or non-maintenance of the minimum balance in the old post-office savings account, then here is some help for you. The Department of ...