The interest earned on the deposits is tax free. Even the capital gains that arise from trading or redemption of these deposits are exempt from tax.
Tata Sons chairman emeritus Ratan Tata on Thursday inaugurated the T-Hub, claimed to be India's largest technology incubator, describing it one of the new faces of India and nucleus of what could be new big things in the country.
Aspirations of budding entrepreneurs will get wings at T-Hub, billed as India's largest technology incubator, which promises to provide the much-needed ecosystem for startups.
More than 30 members of US Congress joined about 1,000 people at the annual Diwali event on Capitol Hill, the seat of US legislature, to celebrate the accomplishments of the Indian American diaspora.
The Supreme Court on Thursday was told that besides being meritorious candidates to be considered for judgeship, it should address the question of social inequalities with a provision for reservation for women, other backward classes, scheduled castes/tribes and minorities.
Punjab Chief Minister Parkash Singh Badal on Thursday asked the state's civil and police administrations to brace for a string of desecration incidents of the Guru Granth Sahib.
For the top executives leading a 17,500-strong, full-time team, including chairman Mukesh Ambani, gone are the wood-panelled, plush rooms. Not even closed glass-door cubicles.
Finance Minister Arun Jaitley on Wednesday said the passage of the goods and services tax bill was just a matter of time. But the opposition Congress party, which has been vehemently blocking it, brushed aside the assertion saying key issues remained unresolved.
The Supreme Court on Tuesday was flooded with diverse suggestions, some diametrically opposite, to improve the working of the collegium system for the appointment of judges to higher judiciary and making its transparent.
The Supreme Court on Tuesday dismissed DMK leader Kanimozhi Karunanidhi's plea for quashing charges against her in an alleged bribe-turned-corporate loan case but allowed her to move the Delhi High Court against the 2G court's final order.
Modi will launch the Gold Monetisation Scheme, Gold Sovereign Bond Scheme, Gold Coin Scheme and Gold Bullion Scheme this week.
India's top singles player Yuki Bhambri regained his place in top-100 as he jumped 16 places to touch a career-best rank of 89, which now ensures him a direct entry into the main draw of Australian Open.
Prime Minister Narendra Modi's Lok Sabha constituency Varanasi today saw BJP supporters winning in only eight of the total 48 seats in the Zilla Parishad elections while those supported by SP got 25 seats.
RSS mouthpiece "Panchjanya" has alleged that Jawaharlal University JNU is home to "a huge anti-national block which has the aim of disintegrating India."
With growing clamour against recent incidents of intolerance across the country, President Pranab Mukherjee and RBI Governor Raghuram Rajan on Saturday emphasised tolerance to take the country forward.
Barely days after the Supreme Court striking down the National Judicial Appointments Commission (NJAC) Act, President Pranab Mukherjee on Saturday called for adopting the “highest standards of probity” in appointments of judges to high courts and the Supreme Court.
Expressing concern over rising instances of intolerance, Infosys co-founder N.R. Narayana Murthy on Saturday urged the government to restore people's confidence and ensure tolerance for economic progress.
The Election Commission on Friday clamped a ban on publication of two controversial advertisements printed by BJP in Bihar where assembly polls are on.
The tenuous tie between the Bharatiya Janata Party and the Shiv Sena in Maharashtra hit a new low Friday with Sena president Uddhav Thackeray threatening to pull out of the National Democratic Alliance if the BJP “continues with its arrogance.”
The Supreme Court will look into a plea for a ban on websites carrying jokes on Sikhs after a lawyer-petitioner Harvinder Chowdhary told the apex court on Friday the community was projected as a people of low intellect, "stupid and foolish".
Poets, theatre artists, political leaders took part in the protest programme where speakers railed against recent examples of intolerance and unfair political intrusion into the common man's life
The premises where Geeta, the speech and hearing-impaired Indian woman who returned from Pakistan after spending 15 years there, is staying has been made out of bounds for "unauthorised" persons for security reasons.
In the wake of China agreeing to supply oil to Nepal, India on Friday offered to airlift Aviation Turbine Fuel (ATF) to the Himalayan country to beat the ongoing blockade on the border
A woman passenger who was “inappropriately dressed” was not allowed to board an IndiGo flight from Mumbai to New Delhi on Monday.
Indrani Mukerjea, the prime accused in the Sheena Bora murder case, was admitted yet again to the government-run JJ Hospital Wednesday afternoon.
The Supreme Court today directed the central government and all states to make sure that super-speciality medical courses are kept "unreserved, open and free" following complaints that some states were allowing only domiciled MBBS doctors to appear for entrance exams.
This is a very serious issue. This is Kerala House. It is not the property of the central government. The centre should apologize,
As the retrial began of an Alabama police officer accused of slamming an Indian grandfather to the ground while taking a walk last February, prosecutors said they have good evidence on their side.
The BJP on Tuesday termed former union minister Arun Shourie's criticism of the Narendra Modi government's economic policies his personal views, which had nothing to do with the party or public opinion, while also noting he was no longer a party member.
Amid the raging row over cow slaughter in India, RSS chief Mohan Bhagwat decided to take his thoughts to Kenya where he claims that people sometimes drink blood of cows to survive, but they don't kill them or eat their meat.