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Are credit cards good or bad?
Some people find credit cards complicated and stay away from them. Some people tend to overspend and easily fall in a debt trap. But do you know when used wisely credit cards can actually put the money back in your wallet. Here is a lowdown on how credit cards work and pros and cons of […]
Money9January 12, 2021/9:21 AM IST -
Everything you need to know about Sukanya Samriddhi Scheme
The government has launched a small savings plan called the Sukanya Samriddhi Yojana that encourages parents to build a fund for the future expenses of their girl child. Under this scheme, the account can be opened in post offices or any bank in the name of the girl child. The Sukanya Samriddhi Yojana provides tax […]
Hemanshi TewariJanuary 12, 2021/9:19 AM IST -
India urges WTO members to find permanent solution for public stock holding for food security
New Delhi: India on Friday urged members of the World Trade Organization (WTO) to work on finding a permanent solution to the issue of public stock holding for food security purposes. Commerce Secretary Anup Wadhawan said COVID-19 has again brought to the fore the importance of food and livelihood security. He “urged the Membership for […]
Press Trust of IndiaJanuary 8, 2021/2:31 PM IST -
Not too late to join the gold rush, says Angel Broking
Even with gold trading at Rs 56,200 per 10 grammes on Friday, it is still not too late to join the gold rush party, says Prathamesh Mallya, AVP Research, Non-Agri Commodities & Currencies, Angel Broking. 100% Returns in 5 Years An investor who bought gold on January 1, 2016, at Rs 25,042 would have doubled […]
Money9January 8, 2021/1:27 PM IST -
Buying gold: Government trashes report saying KYC documents needed for purchase of gold below Rs 10 lakh
The government has trashed a media report which stated that KYC will be required for any purchase of gold and silver. The government has reiterated that jewellery purchases of above Rs 10 lakh only need to furnish KYC. New Gold Policy The government has reportedly been planning to introduce a gold policy to develop it […]
Money9January 8, 2021/12:18 PM IST -
State Bank of India announces up to 30 bps concession on home loans rates
Mumbai: State Bank of India on Friday announced interest concession of up to 30 basis points on home loans and 100 percent waiver on processing fees. The new rates are linked to CIBIL score and start from 6.80 percent for loans up to Rs 30 lakh and 6.95 percent for loans above Rs 30 lakh. […]
Press Trust of IndiaJanuary 8, 2021/10:17 AM IST -
Risk and reward – Two sides of the bitcoin
Bitcoin surpassed the $35,000 mark, creating a new record on Wednesday. Investors who may have entered at $9,000 levels in June-July 2020 have seen over 300% returns in just about six months. Like other assets, the price of cryptocurrencies rise with increase in demand. What makes Bitcoin more price-volatile is the fact that it has […]
Sushant BhansaliJanuary 6, 2021/2:27 PM IST
