Those who have retired after 2014 have seen the interest income on their FDs shrink nearly 40%, making it difficult to live on the interest income from savings.
The government and RBI have been monitoring the impact of the pandemic on the economy and have taken several steps to support the economy in a timely manner. We feel the 2021 Union Budget will be important to revive growth. The following areas are likely to get a growth push: — Ramping up infrastructure development […]
In last year’s budget, the healthcare sector received paramount focus. The upcoming budget should review the challenges brought by the pandemic and appropriately allocate more resources to meet the demands of the healthcare sector. Listed below are main points of my Budget wishlist: Increase budgetary allocation for healthcare sector From the healthcare sector perspective, […]
New Delhi: Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the head of its credit card business said. Also, the bank is targeting a four-fold rise in its book value over the next two years. […]
Benchmark equity indices BSE Sensex and NSE Nifty cracked over 1% on Monday following weak global cues and reports of Indo-China border tension. The 30-share Sensex closed 530.95 points down at 48347.59, while the 50-share Nifty index settled 133 points down at 14,238.90. With a fall of 5.36 per cent, energy-to-telecom behemoth Reliance Industries emerged […]
An important financial impact of the Covid-19 pandemic has been that individuals have become very cautious with their money and its management. The first instinct for many was to cut down expenses, especially those which were thought to be non-necessary. This helped increased savings, which is a positive in the overall money management process. Not […]
Are you still waiting for the possession of your home your builder promised? Is the builder not paying you interest on the delayed possession of the property? Is the quality of construction not good? To address such issues, the central government passed The Real Estate Regulation and Amendment Act (RERA) in 2016, which became effective […]
New Delhi: Homegrown personal hygiene products maker Soothe Healthcare, whose brands are Paree sanitary pads and Super Cute diapers, is looking at a revenue of Rs 500 crore in three years, as it expands product portfolio and builds distribution presence across the country. “We manufacture, distribute and market personal hygiene products. We believe there is a […]
New Delhi: GST officers have arrested 258 persons, including eight chartered accountants, involved in fake invoice frauds. The Directorate General of GST Intelligence (DGGI) begun its nationwide drive against GST invoice frauds in November last year. Eight chartered accountants are among 258 persons arrested so far in the nationwide drive against fake GST invoice frauds […]
Initial public offering by Stove Kraft, a kitchen solutions and an emerging home solutions brand, has opened for subscription on January 25 after receiving a stellar response from anchor investors on Friday. The public offer will close on January 28. Shares of the company are proposed to be listed on both BSE and the National […]