PSU Insurers Set Up Common Mechanism for Settlement of Third Party Claims
Public Sector Insurance (PSU) companies are planning to work on new ideas to initiate better claim settlement. Recently the four
Read moreMonth: March 2012
Hike in Interest Rates on Small Savings Schemes
Finally some good news for small saving investors! The government is raising interest rates on small saving schemes such as
Read moreGold Ornaments vs. Bullion – What to Choose While Investing
Gold is highly valued metal throughout the world. Gold is the ideal diversifier for a portfolio. It brings stability to
Read moreWhy Investing in Gold May be a Bad Idea Today?
Gold prices have increased like never before and many people, particularly in India are withdrawing from other saving schemes and investing in gold. If you are one of them pouring money into gold, beware, gold prices may possibly fall down drastically.
Read moreBudget 2012: Tax Exemption on Interest Up To Rs.10,000 From Savings Deposits
The Finance Minister recently announced that individual taxpayers will be allowed a deduction of up to Rs.10,000 on interest earned
Read moreBudget 2012: Income Tax Exemption Limit Increased to Rs.2 Lakh
The Finance Minister in his budget-speech has announced raising the tax exemption limit to Rs.2 lakh from the current limit
Read moreBudget 2012: Govt. Announces Rajiv Gandhi Equity Savings Scheme
In order to increase retail participation in capital markets, Finance Minister recently introduced a tax exemption scheme for new investors
Read moreDifferent Types of Life Insurance Policies Available in India
Life insurance is one of the fastest growing financial service sector in India. Currently, there are 24 life insurance companies
Read moreRailway Budget 2012: Hikes in Passenger Fares Across All Classes
The Railways Minister on Wednesday 14th March announced a marginal hike in passenger fares across all classes ranging from 2
Read moreCitrus Fruits to Lower the Risk of Stroke in Women
Many of us enjoy the tangy flavor of citrus fruits like grape fruits, oranges and lemons. All these are rich
Read moreBudget 2012: Banks Likely to get Education Guarantee Fund from Govt
With the Union Budget all set to hit soon on March 16th, lenders mainly the public sector banks hope that
Read moreWhy the Poor, Not the Rich Need Insurance?
Most middle-class people think that insurance is not meant for them. They assume insurance as an unnecessary spending by which
Read moreBanks are Competing on Higher Rates on Short Term Deposits
Good news for all bank customers! Banks are competing to tap short-term deposits demand by offering higher rates of interest.
Read moreBanks May Find Informers to Track Defaulters
For many years, informers are helping law enforcement agencies, tax authorities etc. Today, banks are also looking at them for
Read moreNRE Deposits Hit 10-Year High On Rising Rates
Recently, RBI issued guidelines to deregulate interest rates on NRE (Non Resident Rupee) deposits, which made banks to raise their
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