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1 min read

SC allows Centre's plea seeking ₹5,000 cr from SEBI-Sahara fund to repay depositors

The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of Rs 5,000 crore ou…

PTI   


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1 min read

Demonetisation: RBI does a U-turn, rolls back Rs 5000 deposit limit decision

Finance Minister Arun Jaitley had said people depositing more than Rs 5000 in banks will have to re…

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1 min read

Rs 2,000 notes worth Rs 10,000 crore left in system: RBI Governor

"Rs 2,000 notes are coming back and only Rs 10,000 crore is left in the system. The expectation…

PTI   


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2 mins read

RBI swings into action, limits withdrawal from Jan Dhan accounts to Rs 10,000 to check black money hoarders

"With a view to protect the innocent farmers and rural account holders of PMJDY from activities of …

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1 min read

These are 23 places where you can still use your old Rs 500 note

The Prime Minister Narendra Modi-led government extended the use of old currency notes till Decembe…

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11 mins read

PM Modi ends Rs 500, Rs 1000 currency notes. Read his full address here

He urged Indians to bear with temporary hardships in the implementation of the new rule. "We are No…

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3 mins read

K'taka govt announces Rs 1610 cr package; hikes excise duty on liquor by 11 per cent

Noting that despite financial condition of the state notso good, it was the duty of the government …

PTI   


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Have a SBI account? Get ready to pay extra if you deposit cash more than three times a month

In case of current account, the levy could go as high as Rs. 20,000. As per the list of revised cha…

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2 mins read

Banks to discourage cash transactions; fifth cash transaction would cost you Rs 150

These charges are for cash transactions in the branches, and not through ATMs. The move was seen in…

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2 mins read

Kallakurichi hooch deaths: Tamil Nadu BJP delegation meets Governor Ravi

The number of people who died in Tamil Nadu after consuming illicit liquor has risen to 57, accordi…

ANI   


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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …

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71 mins read

What is a 529 plan? How they work and what they're used for

A 529 plan is an investment account earmarked for educational expenses. Earnings and withdrawals ar…

Lee Huffman,Tessa Campbell   


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3 mins read

Financial Bids for Reliance Capital to be submitted on Monday

The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), …

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2 mins read

SBI has ₹43,887 crore as outstanding to 685 wilful defaulters – total public sector bank default amounts to over ₹1.47 lakh crore

The SBI is followed by Punjab National Bank (defaulters 325, default Rs 22,370 crore), Bank of…

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6 mins read

529 plans offer a tax-free way to save for and pay educational expenses - here's how these state-sponsored investment accounts work

A 529 plan is an investment account earmarked for educational expenses. Earnings and withdrawals ar…

Lee Huffman   


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2 mins read

PPF Vs Sukanya Samriddhi Yojana Scheme which is better?

The parents or the legal guardians of a girl child can open an account on her behalf until she…

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2 mins read

PPF Vs Sukanya Samriddhi Yojana Scheme, which is better?

The parents or the legal guardians of a girl child can open an account on her behalf until…

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1 min read

HDFC Bank nets 2.5 lakh new customers through instant account opening in lockdown

"All the 2.5 lakh accounts which have been opened are new bank customers," a source said, adding t…

PTI   


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2 mins read

PPF (Public Provident Fund) Vs NSC (National Savings Certificate): Which is better?

Minimum and maximum contribution A minimum of Rs. 500 per year must be deposited in the PPF accou…

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2 mins read

PPF (Public Provident Fund) Vs NSC (National Savings Certificate): Which Is Better

A minimum of Rs. 500 per year must be deposited in the PPF account per year with an upper maxi…