Mumbai (Maharashtra) [India], July 6: In an era where financial stability in retirement is a growing concern, Shriram Finance unveils a groundbreaking solution tailored for senior citizens - Fixed Deposits (FDs) that cater specifically to their needs. To ensure financial wellness post-retire
A survey conducted by real estate association CREDAI and investment management company Colliers found that the majority of the real estate developers expect tax rationalization, sops for affordable housing, and single window clearance from Union Budget 2024, slated to be tabled sometime l
New Delhi [India], July 2: Public Provident Fund or PPF is a very dependable and popular investment tool meant for long term savings of your hard earned money. Undoubtedly, PPF is a trustworthy small-savings and investing scheme which allows people to preserve their liquid money for long-ter
This shift comes with its challenges, notably high-interest rates that typically range between 10 per cent to 36 per cent per annum, depending on the borrower's credit history.
The government has decided to keep the interest rates unchanged for various small savings schemes for the second quarter of the financial year 2024-25, said the Ministry of Finance on Friday.
In its 49th MPC meeting held between June 5 and 7, it was decided to maintain the status quo on key interest rates, reflecting a balanced approach towards sustaining economic growth while keeping inflation in check.
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
New Delhi [India], June 13: Owning a car is considered a significant milestone in one's life, but the journey to get there can be daunting. Navigating through a sea of loan options, understanding terms and conditions, and securing financing can seem like an obstacle course. However, Bank of
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, maintaining the policy rate for the seventh straight time on the trot.
New Delhi [India], June 12: Acquiring better terms on a personal loan could impact economic well-being significantly. The digital era has seen a rise in the popularity of personal loan apps as means of accessing financial services. These applications are provided by various banks and NBFCs i
SBI Capital Markets anticipated the interest rate cut in the late calendar year of 2024, adding that the Reserve Bank of India (RBI) is now focusing on local disinflation and growth while monitoring global trends.