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Friday 18 January 2019
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RBI raises repo rate

The Reserve Bank of India raised its benchmark policy repo rate by 25 bps to 6.25 percent on June 6th 2018 while markets expected no...

Top Banks Increase Lending Rates by 10-20 bps

Large banks led by State Bank of India, ICICI Bank and Punjab National Bank, and the country’s biggest mortgage financier Housing...

India will be world’s fastest growing economy in coming decade: Havard

India tops the list of the fastest growing economies in the world for the coming decade and is projected to grow at 7.9 per cent annually,...

Less than 1.5% of India’s population invests in MFs

Of the total 134 crore people in the country, the mutual fund industry has 2 crore unique PAN indicating that the industry has 2 crore...

Hurun Global Rich List 2018

  India takes third place after China and the US on Hurun’s Global Rich List 2018. It added 31 billionaires in the past year, taking...

Budget 2018: Takeaways

Income Tax Slab rates have not been changed. Introduction of Standard Deduction of Rs.40,000. This replaces medical reimbursement and...

Budget 2018: Senior Citizens

Senior citizens have some reasons to rejoice. Take a look at few changes introduced during Budget 2018 that will reduce the tax outgo from...

Equity Mutual Funds: Retail Inflows Continue

Retail-oriented equity mutual funds continued to receive robust inflows during December, as investors continued to put money through...

Interest rates cut on Small Savings schemes

  The government trimmed interest rates on small savings schemes such as National Savings Certificate and Public Provident Fund by 20...

Retail inflation at 15-month high

  The economy may not be out of the woods yet with retail inflation shooting to a 15-month high of 4.9% in November, and factory...