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SAVINGS NEWS IN ENGLISH

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    Tax Savings: How working women can save tax and get good returns | Check best options

    Business | May 28, 2024 23:59 IST

    Working women can avail the benefit of income tax exemption under the Income Tax Act. For this, you have to invest in such instruments which give you the facility of tax exemption. There are some investment instruments which provide tax exemption along with guaranteed returns.

  • Fixed Deposit Calculator.

    How a Fixed Deposit Calculator Operates

    Brand Content | April 29, 2024 17:40 IST

    A fixed deposit calculator automatically computes the maturity amount - i.e., the amount you will receive on the maturity of your deposit based on the deposit amount, the period of deposit, and interest rate.

  • Money saving tips future financial stability money management

    Meeting expenses or managing your money well? Here are 5 simple tips to financial freedom

    August 15, 2020 14:15 IST

    there is a difference in just meeting our expenses and managing money well. Managing money well today helps you secure better financial stability in the future. You don't need to be a financial advisor to do some simple things that can save you in time of crisis and prepare for your future. Youth normally avoid talking about money. Some times just the talk makes them look the other way. It is natural when you are young.

  • Surplus money in your savings account? Here’s why you should look at FD option

    Surplus money in your savings account? Here’s why you should look at FD option

    August 14, 2020 10:24 IST

    Many of us keep our money in the savings account we have. For service sector employees its mostly their salary account with the operating bank. Most of us who don’t know much about investment and go for saving their hard-earned money in Savings Bank Account or Fixed Deposit in Banks/NBFCs.

  • bank savings, pmc bank crisis, bank savings safe or not, rbi norms, deposit insurance, insurance cov

    What happens to your savings if your bank fails

    September 26, 2019 17:38 IST

    After the unexpected decision of The Reserve Bank of India to put Punjab and Maharashtra Cooperative Bank (PMC Bank) under scrutiny and strict directions for six months, the depositors of the bank are into a huge snag. But, the question is- how much safe is our money when it comes to cooperative banks these days? What will happen to depositors’ money if a bank suddenly fails or shuts down? Read on.

  • Reliance Jio’s entry led to $10 billion annual savings,

    Reliance Jio’s entry led to $10 billion annual savings, to expand per capita GDP by 5.65%: Report

    Business | April 09, 2018 9:50 IST

    Jio has made data accessible and affordable, with average prices per GB dropping to ₹10 from ₹152, bringing the internet within the reach of a larger proportion.  

  • Govt cuts interest rates on different small savings schemes

    Govt cuts interest rates on different small savings schemes by 0.2%

    Business | December 27, 2017 21:14 IST

    A finance ministry notification said rates have been reduced across the board for schemes such as National Savings Certificate (NSC), Sukanya Samriddhi Account, Kisan Vikas Patra (KVP) and Public Provident Fund (PPF).

  • Mobikwik aims to promote savings among urban poor with

    Know how Mobikwik aims to promote savings among urban poor with 'M-Gullak'

    September 01, 2016 17:25 IST

    In a step to promote the habit of savings among urban poor, digital payments platform MobiKwik and Samagra, an NGO serving urban poor, on Thursday launched "M-Gullak" which will provide a mobile wallet platform to

  • RBI

    Credit interest rate on saving a/c every quarter: RBI to banks

    March 15, 2016 16:07 IST

    Reserve Bank has asked banks to pay interest on savings banks account on quarterly basis or shorter duration, a move which will benefit crores of savings account holders.

  • top secrets of doubling your money

    Top secrets of doubling your money

    May 12, 2015 10:47 IST

    It may sound like a aggressive idea if we aim to double the size of our nest egg in the next 5-10 years of time period. However, it is still possible without taking any unnecessary

  • raghuram rajan for incentivising domestic savings

    Raghuram Rajan for incentivising domestic savings

    December 12, 2014 14:11 IST

    New Delhi: Ahead of the forthcoming Budget, RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country."The income tax benefits for an individual to save have been

  • savings bank accounts to get interest on end of day balance

    Savings Bank Accounts To Get Interest On End Of Day Balance

    January 26, 2012 16:20 IST

    Mumbai, Jan 26: The Reserve Bank of India (RBI) on Wednesday said that interest rates applicable on the domestic savings bank deposits will be determined on the basis of end-of-day balance in the account, reports

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