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Govt. collects Rs 27,000 crore as tax on FD interest
SBI researchers also estimate that out of all these deposit accounts, about 7.3 crore accounts have deposits of more than Rs 15 lakh. If we assume a 7.5 percent interest on these amounts, then senior citizens would have earned Rs 2.7 lakh crore only as interest, in the last financial year.
Money9April 17, 2024/9:30 AM IST -
IRDAI changes waiting period, moratorium rules. Here’s how you will benefit!
In some cases, a waiting period is applicable for serious diseases such as cancer surgery, hernia, cataract, and joint replacement in insurance policies. This waiting period can range from two to four years. This information is clearly stated in the policy document
Money9April 16, 2024/6:41 PM IST -
Six things to know before taking personal loan
Getting a personal loan is easy, but it should be used with caution. Before you take it, you should consider these six things that even the banks don't tell you.
Pawan PandeyApril 16, 2024/4:30 PM IST -
Iran-Israel conflict :Rupee plunges to a historic low
Following Iran's attack on Israel, the Indian stock market is likely to experience volatility, as investors are anticipated to closely monitor the unfolding developments.
Money9April 16, 2024/3:46 PM IST -
Ready, steady, go: Tesla begins showroom hunt in Delhi and Mumbai
Launching operations in India is one of the strategic decisions to expand into new markets for Tesla, which suffered a dip in worldwide sales in the first quarter this year which marked an uncomfortable first in nearly four years. Slower growth in China and the US – the company’s two key markets – could have accelerated the entry into India, the report mentioned.
Money9April 16, 2024/1:30 PM IST -
Spectre of crude at $100/barrel looming if Iran-Israel armed conflict persists
However, according to media reports, US President Joe Biden has told Israel’s Prime Minister Benjamin Netanyahu that his country would not participate in any retaliatory action against Iran.
Money9April 16, 2024/12:43 PM IST -
Want to invest in stock markets? Open a demat account first
With increasing risk-taking ability of individuals, young Indians are also investing in the stock market in large numbers
Pranav PradhiApril 16, 2024/10:30 AM IST -
Smart ULIPs now come with several advantages
How are the new ULIPs for investment, how different are they from the old ULIPs? Let us understand.
Devendra SharmaApril 15, 2024/4:30 PM IST -
Bitcoin rebounds from a sharp dip as Israel-Iran crisis worsen
According to Coinglass data, approximately $1.5 billion worth of bullish cryptocurrency positions via derivatives were liquidated over Friday and Saturday, marking one of the most substantial two-day liquidation events in at least six months.
Aishwarya SamantApril 15, 2024/2:41 PM IST
