National & International Financial news and Updates

Business news

Home Loan Tips: Top 5 tips to get the lowest home loan interest rate

These tips can help you get lowest home loan rate of interest. The more stable your credit history, the higher your chances are of getting a home loan interest rate that is affordable.

Nov 23, 2017

No overpricing: 'Modi govt negotiated Rafale deal better, saved Rs 12,600 crore'

Sources said if aircraft procurement is compared in flyaway condition, NDA govt succeeded in bagging a better deal than the previous government.

Nov 23, 2017

7th pay commission allowances demonetisation january 2017 central government employees salary hike raise pensioners

Will EPFO accept plan for higher pension to all employees? Decision likely today

The Employees' Provident Fund Organisation had said it would give pension on full salary to the members of Employees' Pension Scheme, but later changed its decision inviting the ire of many people.

Nov 23, 2017

Getting Married Soon? Should You Go For A Personal Loan?

If you are getting married soon and don't know how to deal with the heavy expenses, then personal loan can come handy. Just keep in mind a few crucial things before you choose a personal loan.

Nov 22, 2017

Anxious about retirement and managing finances? Here's how to retire rich

With planning and discipline, you can create a multi-crore corpus for your retirement.

Nov 22, 2017

cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

Modi government likely to cross divestment target, first time in 7 years

This year's divestment target is moderately higher than past few years and accounted for 0.4 percent of the GDP.

Nov 21, 2017

RBI sets March deadline for banks to provision against second list of bad loans

According to rules, banks need to do 50 percent provisioning against secured loans it has provided and 100 percent when it comes to unsecured exposures.

Nov 21, 2017

Payments banks struggle to add more depositors after almost 1 year of operation

For payment banks, the central bank has capped the demand deposits at Rs 1 lakh in each account. Payment banks are not allowed to offer fixed deposits and provide loans to its customers.

Nov 20, 2017

5g telecom service germany berlin launch wmc barcelona spain 4g india 3g 2g 1g g vodafone

5G Network to generate Rs 1.7 lakh crore revenue for Indian Telcos by 2026: Report

Ericsson on Friday showcased the first live 5G end-to-end demonstration in India using its 5G test bed and 5G NR Radio.

Nov 17, 2017

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

State-owned banks suggest tweaks in lending structure to boost credit growth

With all such suggestions, bankers made a presentation to finance minister Arun Jaitley. In the meeting the Bankers also stressed on issues such as capital allocation, asset quality and credit growth.

Nov 13, 2017

amitabh kant, niti aayog ceo amitabh kant, digital india, indian economy, cashless transactions

Debit, credit cards, ATMs will be redundant in next 4 years: Niti Aayog CEO Amitabh Kant

India is the only country in the world with billion biometrics and as many mobile phones and bank accounts and therefore, in future, it will be the only nation which will make a lot of disruptions.

Nov 12, 2017

Demonetisation: Here's why RBI has been forced to order 5-year low indent for printing currency notes

The pile-up of old Rs 500 and Rs 1,000 notes, returned after demonetisation, have blocked most of the space in RBI vaults and currency chests.

Nov 9, 2017

SEBI to investigate Indian firms named in Paradise Papers

SEBI said it will first ask listed companies to give details about their offshore entities and then match these with the firms' filings to check for irregularities.

Nov 6, 2017