Investing News - Page 3

Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairman
The government aims to contain the fiscal deficit for 2017-18 to 3.2 percent of the GDP, and 3 percent in 2018-19

RBI may hold repo rate in Feb as growth picks up, inflation on upward move, says Arvind Subramanian
Retail inflation, based on Consumer Price Index (CPI) was 4.88 percent in November and in December 2015 it was 3.41 percent

Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic Survey
Economic Survey says PE funds and financial institutions such as pension funds and sovereign wealth funds have replaced banks as largest source of real estate sector

Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself
Economic Survey attributes collapse of Public Private Partnership as reason for massive underinvestment in the infrastructure sector

Sensex off record highs, still up 76 points at 34,580 in late morning; TCS, Bharti Airtel and Wipro stocks fall
Profit booking in IT, tech and telecom counters pulled the benchmark Sensex back from record high level

Did you know: You can withdraw EPF money for medical treatment
Sadly, the amount you are permitted to withdraw isn't too large.

RBI to issue new Rs 5 and Rs 10 coins
Reserve Bank said that the existing Rs 5 and Rs 10 coins shall continue to be legal tender even after the issue of new coins

As 31 March nears, here's a last minute tax saving guide for current year
To help you make an informed decision and make your financial live easy, we bring you today a last minute tax saving guide.

BSE launches futures on S&P BSE SENSEX 50 index to help investors diversify their portfolio
The index is designed to measure the performance of the top 50 largest and liquid stocks in the exchange's Large Mid Cap by float-adjusted market capitalisation.

3,870 bank frauds worth Rs 17,750 cr in just 9 months: Don't panic, here are a few tips to save yourself
As many as 450 staff were also involved in the frauds. Shocking, right?

Insurance sector growing faster than Indian economy: Regulator
this growth was taking place amidst major disruption in the business environment brought about by technology, and the industry needed to keep up with these changes to sustain its growth.

Pension regulator now allows transfer from EPF to NPS
As the rules, a member looking to transfer funds from EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.

Banks now charge you for almost all services; here's how to beat them
Here are a few things you could do to avoid being charged by your bank

Now companies to have single form for EPFO and state insurer ESIC
The government is planning to introduce this common registration form soon.

Chinese envoy invites Mamata to explore business possibilities
China to explore Bengal-China business possibilities in manufacturing,

Digital push: Govt asks banks to enable mobile banking by 31 March
The Secretary also said customers who are using the Unified Payments Interface (UPI) or BHIM payment app should automatically be enabled for mobile banking.

Got blood, urine or X-ray tests done? You may enjoy Rs 5,000 tax benefit
But, did you know getting a preventive health checkup has double benefits? It not only keeps you better informed on the status of your health, but it also gives you an income tax benefit.

Government proposes 6-fold hike in urban reform incentive fund
These set of reforms were recommended by a group of secretaries for bringing in transformation in the urban sector.

3rd pay panel for CPSEs suggests min Rs 30,000 for executives
The recommendations of the Justice Satish Chandra committee, which are to come into effect from 1 January, 2017, will be placed before the Union Cabinet for approval.

Central Bank of India raises Rs 500 cr through bonds at an interest rate of 8.62 percent
The bank will offer an interest rate of 8.62 per cent per annum to the bond holders

Broker faces action by Sebi, NSE in co-location case
Sebi is also working on addressing the broader concerns that have come to fore after a probe into alleged lapses involving NSE's co-location facility.
Watch: I have the new Rs 2,000 note, but where do I get the change now?
There were some at the banks on Tuesday who had come to deposit money

Rs 500, Rs 1,000 ban: Do NOT do these things or else you will end up helping crooks
There will be some who will come up with creative ways to beat the system.

Budget 2016: From cess on cars to HRA sop, how Jaitley changed your money life
Here's how your money life changed after Union Budget 2016

Money matters: Should you go for a used car loan?
Here are a few things you should keep in mind to avail a used car loan.

Should you go for a single insurance policy for two or individual policies?
It is becoming increasingly important to be doubly insured where the working couple gets covered under one plan helping them plan their future.

Decoding tax benefits on interest on Home Loan
If you have taken a home loan to buy a house, your interest outgo can help you save on tax. Here's how.

Separate the investor and tax planner in you
The investor and taxpayer should separate from one another. Investments should be made based on outlook for the asset class. The taxpayer should use all tax breaks available to save on tax.

Sensex at 20000: Markets will give credit where it is due
A good budget will see markets taking up PSU stocks along with the broad market and since PSU stocks have underperformed over the last two years the catch up could fetch handsome returns to investors.