Pm Kisan 13th Installment Date: When will PM Kisan 13th installment be released? Check expected date, time and other key details [ad_1] The PM Kisan scheme is a central government initiative that provides income support of Rs 6000 per year to all land-holding farmer families. The amount is distributed in three equal installments of Rs. 2000 each, every four months. ...
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RBI will take required action to keep inflation in check: FM Sitharaman
RBI will take required action to keep inflation in check: FM Sitharaman The Reserve Bank of India (RBI) will take necessary steps to manage inflation within “expected limits”, Finance Minister Nirmala Sitharaman said at a post-Budget event in Jaipur on Monday. “In emerging markets, the situation is unique to each of the countries. In that ...
Read More »SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February
SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February [ad_1] Many banks have hiked fixed deposit (FD) interest rates soon after the Reserve Bank of India hiked the repo rates by 25 basis points to 6.50% in its monetary policy meeting in February. Fixed deposit investors are seeing their interest rates grow ...
Read More »PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates
PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates [ad_1] Punjab National Bank (PNB) has increased interest rates of select fixed deposits (FDs) tenures by up to 30 basis points (bps). The new interest rates will be applicable for fixed deposits of less than Rs 2 crore. The increased interest rates on the FDs ...
Read More »Indians spent nearly $10 billion on foreign travel in April-December
Indians spent nearly $10 billion on foreign travel in April-December Indians spent around $10 billion on overseas travel between April and December, a report by the Times of India (TOI) said, citing data from the Reserve Bank of India (RBI). It is the highest ever such figure, even more than the spending in any financial year. Before ...
Read More »Lessons from the Adani affair: Stay boring and keep making money
Lessons from the Adani affair: Stay boring and keep making money [ad_1] Politics and conspiracies aside, what exactly is the takeaway for investors from the events surrounding the Adani stocks over the past few days? It’s more than a little hard for investors to keep a cool head when stocks are falling thick and fast and but here’s a counterintuitive ...
Read More »Retirement planning: How to choose the right annuity plan
Retirement planning: How to choose the right annuity plan [ad_1] An annuity is an agreement between two parties wherein the insurer agrees to make a series of payments at regular intervals of time to the annuity purchaser. A lump sum or staggered investment is made by the buyer for the annuity plan chosen by them. An annuity is considered as ...
Read More »Balance long-term and short-term money goals: The efficient way of handling your finances
Balance long-term and short-term money goals: The efficient way of handling your finances [ad_1] Shruti and Ashish Shah are a working couple in their late thirties. They like to live well and spend money on the things they enjoy. Their primary savings are the 7 and 10-year fixed deposits that both of them are making along with the investments they ...
Read More »What is the rule of 72 in investing: 5 things to know
What is the rule of 72 in investing: 5 things to know [ad_1] 1.The Rule of 72 indicates how fast your money will double at a given rate of return.2.When you divide 72 by the estimated annual rate of return, you get the number of years it will take for your money to double. So, if you are getting 8% ...
Read More »Flows into NRI deposits up 76% to $5.4 billion in April-December
Flows into NRI deposits up 76% to $5.4 billion in April-December The flow of money into deposits of Non-Resident Indians (NRIs) rose 76 per cent to $5.4 billion in April-December this financial year over $3.07 billion in the same period 2021. However, the streak of decline in outstanding NRI deposits (what is shown in the ...
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