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Savings funds now moving to FDs
Customers are increasingly shifting money from savings accounts to fixed deposits (FDs) as the interest rate differential between the two is widening.
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Which should you opt for, T-Bills or FDs?
T-bills are short term instruments of up to one year issued by the RBI and have the backing of the government of India
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Good old FD giving MFs a tough fight
The total AUM of Indian mutual funds is growing rapidly. Despite this, banks have about 5x of this amount deposited with them.
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These changes have come into effect from July
Come July and there are several changes that have come into effect ranging from TDS on cryptos to bike prices. Read on to know more...
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These banks giving over 9% on FDs
But after a big increase in the repo rates, banks have once again started paying more than 9 percent interest on FDs
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Liquid funds are solid investments
Liquid funds come under debt mutual funds. They invest in debt instruments and money market securities maturing in 7 to 91 days. There is no lock-in p
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Flying becomes cheaper than traveling by train
NPS may offer 40-45% pension, Infosys backed drone maker sets IPO price band, Formal job creation in April’23 falls 26%
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SBI’s Independence Day gift for bank account holders!
Extends the deadline of its special fixed deposit scheme the “ Amrit Kalash” scheme under which account holders can open deposit for 400 days a
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Tax treatment changes rob debt funds of their sheen
Loss of indexation benefit has hit the mutual fund industry with a slowdown in product launches, the Business Standard has reported. The MF industry l
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Your Ride Will Not Get Cancelled Anymore
Ola disables ride cancelling feature; WhatsApp to allow users to share screen during video calls; FIIs inflow at 6-months high in May, 2023; Consumer
