Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively.
Paying yourself first does not mean spending money. It means providing for spending money in the future.
Several corporate investors, including Tata Group & NTPC, participate in tenders; bids for wind energy plants to be opened on February 24.
Madhya Pradesh: Government school teacher donates retirement benefits worth Rs 40 lakh to poor students
Vijay Kumar Chansoriya made the announcement at a programme organised by his colleagues to honour him on his last day at work at a primary school in Khandia on Monday.
According to analysts, the government has kept rates intact in view of upcoming assembly elections in five states.
Lower incomes and higher costs have put a dent in the savings and investments of many salaried professionals
Instead of blaming the government that they are doing nothing - the BFSI - banks, life insurance companies, regulators, etc. one should start
The dawn of the new year brings hope and optimism for a fresh start.
The interest rate for the five-year term deposit, recurring deposit Senior Citizens Savings Scheme has been raised to 7.8, 7.3 and 8.7 per cent, respectively.
The government proposes to allow premature closure of Public Provident Fund accounts and permit opening of small savings accounts in the name of minor, the finance ministry said today.
Investing is a habit that needs to be developed and the motive should be to generate capital appreciation; the scramble at the end of the financial year to save on tax is to be avoided
The government has given existing depositors time till December 31 to provide the 12-digit unique identification number.
At a time when banks are flooded with surplus liquidity, margins get squeezed and credit growth continues plunging, more banks are likely to slash interest rates on savings bank accounts.
Effective tomorrow, the interest rate on savings bank balance of up to Rs 50 lakh has been reduced to 3.5 per cent from the current annual 4 per cent.
The Union Finance Minister said to protect the interests of senior citizens, the government has already floated a deposit scheme that guarantees 8-plus per cent interest rate.