Money

Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent returns, this might be the best time to do so. Banks are currently offering interest rates as high as 8% on FDs, with smaller banks pushing the envelope even further.

The Union Cabinet, led by Prime Minister Narendra Modi, approved the new Income Tax Bill on Friday. According to sources, the new bill is likely to be tabled in Parliament on Monday. It is set to replace the six-decade-old Income Tax Act, 1961 and aims to simplify and modernize the nation’s current tax system while

Delhi Elections: The Delhi election’s vote counting is underway, and trends suggest that the BJP is leading on 48 seats and the APP on 24 seats. Of all the 70 seats, there are some high-profile seats catching everyone’s attention. One such seat was the New Delhi constituency, where the BJP’s Jat leader Parvesh Singh Verma

Delhi election results are underway, and early trends at 9.45 AM suggest that the Bhartiya Janta Party is on its course to win the battle against the ruling Aam Aadmi Party (AAP) comfortably. The saffron party, in early trends, is leading on 50 seats, while AAP is seen doing well on 19 seats. The Congress

By Chaitali Dutta Last year, I took an education loan for my son. Should I start prepaying some amount now or leave it to my son to pay after the end of the moratorium period?—Shubham Kumar If you start paying part of the loan now, it will eventually be a smaller loan for your son

The Reserve Bank of India’s (RBI) decision to reduce the repo rate, translating into smaller equated monthly instalments (EMI) for loan repayments, and the Union Budget lowering the tax burden will boost disposable income. This will allow individuals to save more and spend on long-deferred purchases. Though the proportion of investing, loan repayment and spending

The 19th installment of the PM Kisan Samman Nidhi Yojana will be disbursed to eligible farmers by the end of February 2025, Union Agriculture Minister Shivraj Singh Chouhan has confirmed. According to media reports, Prime Minister Narendra Modi will personally release the funds during his visit to Bihar on February 24, where he will also

The Reserve Bank on February 7 cut the repo rate, at which it lends to the commercial banks, by 0.25 percentage point to bring down the key benchmark rate to 6.25%. This reduction means banks’ borrowing costs will come down, which will ultimately result in lower rates on loans, including home and other personal loans.