Curated By: Business Desk Last Updated: October 18, 2023, 14:00 IST HDFC, ICICI and PNB are giving interest up to 7.1% on FDs. The Reserve Bank has estimated an average retail inflation rate of 5.4%. In India, many people take the route of investment. There are various investment options available in the market, like fixed…
Curated By: Business Desk Last Updated: October 16, 2023, 11:40 IST Multi-cap funds have given an average annual return of 20.09% in 10 years. A multi-cap fund not only involves less risk as compared to small-cap funds but the average returns on this fund have so far been higher than a large-cap fund. In India,…
Curated By: Business Desk Last Updated: October 09, 2023, 12:23 IST One can save tax by investing money in these FDs. The banks offering the greatest interest rates on tax-saving FDs right now are IndusInd Bank and Yes Bank. If you are looking for good returns along with tax savings, then you should definitely invest…
Curated By: Business Desk Last Updated: October 09, 2023, 11:43 IST Currently, the repo rate is left unchanged at 6.50%. The bank is offering 3 per cent to 8.51 per cent interest to common customers on FDs of less than Rs 2 crore with a tenure ranging from 7 days to 10 years. During the…
Curated By: Business Desk Last Updated: October 06, 2023, 13:16 IST It takes around 15 years for the Arjuna tree to grow to full size. It has many therapeutic benefits, including antioxidant, anti-inflammatory, and antibacterial properties. Investing your money in the right place is the need of the hour. This will secure our future and…
Curated By: Business Desk Last Updated: October 05, 2023, 13:10 IST Both schemes have their advantages and disadvantages. The National Pension Scheme was introduced by PFRDA or the Pension Fund Regulatory and Development Authority, in 2004, after the OPS (Old Pension Scheme) was discontinued. Pension is a crucial lifeline for senior citizens, providing them the…
Curated By: Business Desk Last Updated: October 04, 2023, 13:10 IST These startup ventures require minimum investment. You might have a million-dollar business idea, but lack sufficient investment. Fret not, we have got you covered. What does one require to be successful in their business venture? A unique idea plus proper investment, right? We are…
Curated By: Business Desk Last Updated: September 27, 2023, 15:25 IST Rs 1 lakh investment in this fund in January 2019 would be Rs 2.38 lakh in 2023. ICICI Prudential India Opportunities Fund has been giving Rs 44,000 more returns than Nifty 50 TRI. Amidst the pandemic, high inflation, hike in interest rates, Russia-Ukraine conflict,…
Curated By: Business Desk Last Updated: September 27, 2023, 13:27 IST Unity Small Finance Bank is giving 7% interest on deposits above Rs 1 lakh. DCB Bank is offering interest of up to 7.75% on savings accounts with different deposits. But they want the deposit amount to be between Rs 10 lakh and Rs 1…
Curated By: Business Desk Last Updated: September 26, 2023, 19:26 IST Each mutual fund is suited for particular needs. Transferring funds from one mutual fund scheme to another is known as switching mutual funds. Mutual funds have recently become one of the most popular tools of investment. The investors are putting their money in mutual…