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FM Nirmala Sitharaman has to keep keen eye on Covid-hit common person’s wallet
People are expecting finance minister Nirmala Sitharaman to leave more money in their hands with people-friendly policies
Sarbajeet K SenJanuary 18, 2021/8:31 AM IST -
Private banks report healthy deposit accretions, sluggish advances growth in Q3
Mumbai: Small and mid-sized private sector banks have reported a healthy deposit growth in the third quarter, even as they have struggled to grow their loan books, as per exchange filings by three lenders. Despite interest rates being the lowest in over a decade, the pandemic and the resultant economic impact has ensured that loan […]
Money9January 18, 2021/7:07 AM IST -
Amazon online shopping: A look at some of the deals on offer
On the occasion of Republic Day, Amazon is offering discounts on top smartphone brands like OnePlus, Samsung and Xiaomi. The e-tailer is also giving discounts on brands like LG, Bosch, HP, Lenovo, JBL, boAt, Amazfit and Canon. Amazon is offering up to 40% off on mobiles and accessories, up to 60% off on electronics, up […]
Money9January 18, 2021/6:07 AM IST -
Bira 91 to be launched in Japan before Tokyo Olympics
New Delhi: Homegrown beer brand Bira 91, in which Japan’s beer maker Kirin Holdings is investing USD 30 million (about Rs 219 crore), would be launched in the Japanese market before the Tokyo Olympics this year, the founder and CEO of the company said. B9 Beverages, which owns and retails the Bira 91 brand, would […]
Press Trust of IndiaJanuary 17, 2021/7:13 PM IST -
Bundesliga set to finish season without fans amid pandemic
Frankfurt: Fans are highly unlikely to return to German soccer stadiums before the end of the season, the chief executive of the top two men’s divisions has said. Christian Seifert, CEO of the German Football League, said he presumes there will be no change to the policy before the end of the season, in comments […]
APJanuary 17, 2021/7:04 PM IST -
Amitabh Bachchan hails COVID-19 vaccination drive, hopes to eradicate coronavirus like polio from India
Mumbai: As India kickstarted world’s largest vaccination drive against coronavirus over the weekend, megastar Amitabh Bachchan says he is hopeful that the country will become COVID-19 free. The Drugs Controller General of India (DCGI) had earlier this month approved Oxford COVID-19 vaccine Covishield, manufactured by the Serum Institute, and indigenously developed Covaxin of Bharat Biotech […]
Press Trust of IndiaJanuary 17, 2021/6:54 PM IST -
I-T department launches portal on info about benami properties, tax evasion
The Income Tax department has launched a dedicated portal where citizens can provide information about benami property holdings and tax evasion can be submitted. The facility allows for filing of complaints by persons who are existing PAN/Aadhaar holders as well as for persons having no PAN /Aadhaar. After an OTP based validation process (mobile and/or […]
Money9January 17, 2021/5:30 PM IST -
India Post: A look at various saving schemes
India Post offers nine types of saving schemes through its network of more than 1.5 lakh branches across the country. Most of these schemes offer a rebate under Section 80C of the Income Tax Act. Here’s a look at the schemes available: 1. Post Office Savings Account A savings account can be opened with Rs […]
Money9January 17, 2021/5:17 PM IST -
Government says EPFO, PFs can invest in Bharat Bond ETFs
The government has allowed EPFO and exempted provident fund trusts to invest in Bharat Bond ETFs. Despite an 8.5% interest rate declared by the EPFO for FY20, these ETFs have yields in the 4.5-6.6% range. Thus experts suggested a transfer of risk to subscribers rather than provident funds through unitisation. The government had launched four […]
Money9January 17, 2021/4:31 PM IST
