Finance

2021 was a big year for crypto traders, some gained huge profits while some made huge losses in the highly volatile market. Some may want to use crypto as an…

Cryptocurrency is a digital currency that can be used as a means of exchange to buy goods and services and it uses cryptography to secure on transactions. Cryptocurrencies don’t have…

Without a doubt, the future of cryptocurrency has had a significant impact on the financial world. Many countries are considering making crypto money their legal currency. Not only that, but…

The Reserve Bank of India (RBI) announced on Monday that the Real-Time Gross Settlement (RTGS) service will not be available for 14 hours on April 18 (Sunday) due to a…

NEW DELHI: If you want to know how long it takes for your investment to double, you should know the rule of 72. This is a simple formula which tells…

Fixed deposits (FDs) are one of the most favoured instruments among investors as it provides guaranteed fixed returns and safety of capital. However, interest on fixed deposits is fully taxable,…

NEW DELHI: Health insurance no doubt has been the most bought insurance policies during the pandemic, but there has also been a rise in demand for other insurance policies and…

Question: What is the tax liability in respect of flat gifted to daughter by her father which is let out? My understanding is that the gift will not be taxable…

Surendra Rosha, Group general manager & CEO, HSBC India By Malini Bhupta HSBC group will invest $6 billion in India, a key market for the group, over the next five…

Rajeev Yadav, MD & CEO, Fincare Small Finance Bank With a business mo centred on certain geographies, Fintech Small Finance Bank has been largely unaffected by the pandemic. In an…

CSB’s gold loan portfolio has increased 61.05% y-o-y during the last quarter to touch Rs 6,121.34 crore. CSB Bank’s gold loan portfolio has slowed down in the fourth quarter while…

Businesses and professionals can now revise their tax audit reports, with the Central Board of Direct Taxes (CBDT) on Friday introducing new rules to iron out procedural hurdles in claiming…

Many have started investing in real estate investment trusts (REITs)—however, not many investors lo at infrastructure investment trusts (InvITs), another similar investment avenue. As a product category, REITs and InvITs…

If an investor builds stock positions based on a particular event, such as elections, and suppose his/her call didn’t work, the person may want to sell the stock to avoid…

PPF is one of the most favoured small savings schemes used by Indians to park their long-term savings. It is a preferred debt alternative as it provides guaranteed return. It…

NEW DELHI: The Income Tax Department notified tax forms ITR 1 to ITR 7 for the assessment year FY22 on Thursday. Given the pandemic, the tax department has not introduced…

The financial year 2020-2021 has just ended, and we are at the beginning of new financial year 2021-2022. The memories of last hour rush of making investments for Section 80C…

Fixed deposits (FDs) are considered to be the preferred investment choice for them those who are loing for safe and assured returns on their investments. All top banks, including the…

NEW DELHI: Applying for a personal loan is easy these days. You just have to fill in basic details on and within a few clicks, your loan is approved. However,…

Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Two of…

Effective 1 April, if you are contributing than ₹2.5 lakh in your Employees’ Provident Fund (EPF), the interest earned on the same will be taxable as per the newly…

Indian Bank MD & CEO Padmaja Chunduru Chennai-based public sector lender Indian Bank, which has completed one year of amalgamation of Allahabad Bank with itself, on Thursday said the three…

TT Srinivasaraghavan, By Ankur Mishra Sundaram Finance has a balance sheet of Rs 35,000 crore despite not having raised equity in the last 50 years. TT Srinivasaraghavan, who stepped down…

So, for this quarter, investors will continue to earn 7.1% in Public Provident Fund (PPF), 7.4% in Senior Citizen Saving Schemes (SCSS), 6.8% in National Saving Certificate (NSC) and 7.6%…

In the six months to September 2020, payments through UPI-based applications surpassed 50% of total retail digital payments in volume, becoming the most popular transaction method for cashless transactions, Moody’s…

Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens, who are loing for guaranteed income, but also among investors who can’t stomach risk. But…