Despite the recent interest rate cuts in small savings schemes; they still remain attractive for retail investors. For the October-December quarter, the government has reduced interest rates by 10 basis points across the schemes.
Loan defaults, business failures, property attachments and legal complications are common problems that affect entrepreneurs, senior management professionals, business families, business owners and other such high and ultra high net worth individuals
In their first policy review, the new Reserve Bank of India (RBI) governor and the Monetary Policy Committee (MPC) debuted with a repo rate cut of 25 basis points (bps), bringing it down to 6.25 per cent.
You have to choose between two equity mutual fund (MF) schemes. One has an expense ratio of three per cent and has given a return of 20 per cent in the past year. The other fund has an expense of two per cent and returned 18 per cent.
Starting October 1, the price of administered natural gas will fall from $3.06 per mmBtu (million British thermal unit) to an estimated $2.5 to $2.7, benefitting companies such as Indraprastha Gas and Mahanagar Gas as well as gas consumers.
With the Pension Fund Regulatory and Development Authority (PFRDA) allowing retirement advisors to charge 0.02 per cent (two basis points) from customers under the National Pension System (NPS), the first step towards formalising
Image via ShutterstockWhen passing wealth to their children, some parents want to give more to one than to the others. This could be because one son is financially worse off than his siblings, or one has a bigger family to provide for.