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RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das
Business

RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das

If the Reserve Bank of India (RBI) cuts the repo rate today, it would be the sixth reduction in the short-term lending rate this financial year.

The Queer Take: Move aside Marie Kondo; the objects in my life serve as milestones along a wayward path
Life

The Queer Take: Move aside Marie Kondo; the objects in my life serve as milestones along a wayward path

The objects that populate my house have become like milestones to trace the wayward path of my life so far. In all my queer friends' houses, you can lift up any object and they will be able to tell you the story behind it. And they will even tell the tale with style. It is because these materials are invested with meaning for them, for me, for each of us.

Railways opt for electronic reverse auction bidding to save Rs 10,000 crore a year
Business

Railways opt for electronic reverse auction bidding to save Rs 10,000 crore a year

Aiming to save Rs 10,000 crore a year by increasing competition and reducing expenditure on procurement, Indian Railways will implement an electronic reverse auction process for high-value items from 1 April, a first-of-its-kind initiative for the national transporter

Why should we save and invest our money?
Investing

Why should we save and invest our money?

Consumerism is a big factor that deters our habit of saving as we end up spending most of our earnings.

FinMin sets up panel on unclaimed PPF, small savings deposits
Money

FinMin sets up panel on unclaimed PPF, small savings deposits

The members of the Committee would include Secretary (Department of Post), Joint Secretary (Law Ministry and Budget Division in Finance Ministry), SBI Deputy MD and PNB Executive Director, a notification said.<br />

5 no-nonsense steps to make personal budget which works
Investing

5 no-nonsense steps to make personal budget which works

Managing money, is not a difficult task if you get your money planning or budgeting correct.

Get better returns on small savings from 1 April
Investing

Get better returns on small savings from 1 April

Interest rate on Public Provident FundS have been increased to 8.8% from 8.6%, while Monthly Income Schemes will attract 8.5% interest against 8.2% now.

 Govt hikes PPF interest rate to 8.6%, limit to Rs 1 lakh
Economy

Govt hikes PPF interest rate to 8.6%, limit to Rs 1 lakh

The government has scraped 5 percent bonus on MIS and has also done away with commission for agents on PPF and Senior Citizens Savings Schemes.

SBI may raise saving deposit rate by up to 125 basis points
Economy

SBI may raise saving deposit rate by up to 125 basis points

Speaking to exclusively to CNBC-TV18, Pratip Chaudhuri said the bank is prepared for a slightly higher cost of funds but added that they will not be the first movers in terms of hiking savings bank rate.