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Budget 2020

Budget 2020

SBI hikes its best home loan interest rate from 6.7% to 6.95%

(This story originally appeared in on Apr 05, 2021) MUMBAI: The country’s largest lender SBI has said on its website that its home loan rates will start from 6.95%, effective April 1. Last month, the public sector bank had announced a special offer valid till March 31, wherein home loans were available starting from 6.7%. […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Zee Ent. shares fall 11.16% as Nifty drops

Shares of Zee Entertainment Enterprises Ltd. slipped 11.16 per cent to Rs 183.1 in Monday’s trade. It hit a high of Rs 201.1 and low of Rs 177.3 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 198.84, while the 50-DMA was at Rs 212.93. If a stock trades […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Sensex rallies 460 points, Nifty reclaims 14,800 after RBI holds rates

Equity benchmark Sensex rallied 460 points on Wednesday after the RBI expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of coronavirus cases. The 30-share BSE index jumped 460.37 points or 0.94% to finish at 49,661.76. The broader NSE Nifty advanced […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Employers’ provident fund contribution tax norm creates confusion

(This story originally appeared in on Apr 05, 2021) Before deciding to tax interest earned by private sector employees contributing over Rs 2.5 lakh towards provident fund from April 2021, the government had decided to bring employers’ contribution of over Rs 7.5 lakh towards retirement savings into the tax net last year. In the previous […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Banks shut for next 2 days: Will it impact your trades?

NEW DELHI: Two bank holidays and one market holiday are likely to impact how you trade this week. April 13 is a settlement holiday on account of Gudi Padwa, said brokers. A settlement holiday is a day when trading is possible but clearing and settlement are closed for the pay-in and pay-out of stocks and […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Rupee slumps 24 paise to 73.66 against US dollar in early trade

The central bank kept its key policy repo rate unchanged at 4 per cent, but warned that the recent surge in COVID-19 infections has created uncertainty over economic growth recovery The Indian rupee slumped 24 paise to 73.66 against the US dollar in opening trade on Wednesday, after the Reserve Bank of India maintained status […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

5 smart things to know about a bank savings account

1. A savings account is a deposit account with a bank or financial institution where one can receive income, make payments and hold money 2. One can transact using debit cards, cheques and get an account statement on a regular basis. 3. Based on the type of account that one holds, there may be a […]

Posted on April 12, 2021 Author Aparna Comment(0)
Budget 2020

Will Q4 earnings bring market out of the rut caused by Covid second wave?

In the first trading week of the new financial year, the domestic equity market remained choppy, but there was a hint of optimism, as Nifty tried to mirror global indices, especially those in the US, which managed to hit new lifetime highs for most of the week. Equity market participants have started betting on excess […]

Posted on April 12, 2021 Author Aparna Comment(0)

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