Developments

On 15th March, real-estate developers were very disappointed with RBI’s decision to keep key policy rates unchanged. These realtors sought

The Indian Mutual Fund Industry’s assets increased to Rs.6.75 trillion by the end of February from Rs.659 trillion in January,

Government on 15th March has slashed interest rates on Employee Provident Fund (EPF) deposits to 8.25% from 9.5% for 2011-12

Public Sector Insurance (PSU) companies are planning to work on new ideas to initiate better claim settlement. Recently the four

Finally some good news for small saving investors! The government is raising interest rates on small saving schemes such as

The Finance Minister recently announced that individual taxpayers will be allowed a deduction of up to Rs.10,000 on interest earned

The Finance Minister in his budget-speech has announced raising the tax exemption limit to Rs.2 lakh from the current limit

In order to increase retail participation in capital markets, Finance Minister recently introduced a tax exemption scheme for new investors

The Railways Minister on Wednesday 14th March announced a marginal hike in passenger fares across all classes ranging from 2

With the Union Budget all set to hit soon on March 16th, lenders mainly the public sector banks hope that

Good news for all bank customers! Banks are competing to tap short-term deposits demand by offering higher rates of interest.

For many years, informers are helping law enforcement agencies, tax authorities etc. Today, banks are also looking at them for

Recently, RBI issued guidelines to deregulate interest rates on NRE (Non Resident Rupee) deposits, which made banks to raise their

The Reserve Bank of India (RBI) on Wednesday 7th March, recommended banks to use credit bureaux information not only for

The states have finalized 35 services that should be included in the negative list service tax regime; means the services