Last Updated: Friday, December 12, 2014, 13:45
Ahead of the forthcoming Budget, RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
Last Updated: Tuesday, December 9, 2014, 14:54
The government should come up with a "national gold policy" focusing on setting up its Exchange and launching of several investment products like gold savings account to put an estimated 22,000 tonnes of idle gold assets into active use, a WGC-FICCI report said Tuesday.
Last Updated: Thursday, December 4, 2014, 23:03
While the scheme has been notified by the government, the special interest rate applicable to it would be determined later.
Last Updated: Monday, January 27, 2014, 21:40
Talking about the Rajiv Gandhi Equity Savings Scheme, Sinha said the plan has not picked up well and the regulator will try to find out the reasons for the same.
Last Updated: Wednesday, December 18, 2013, 19:15
The rate of interest for the product's inaugural run will be 1.5 percent above the annual average of the CPI.
Last Updated: Saturday, November 30, 2013, 00:11
Most of the banks currently credit the interest accrued on the savings accounts every six months.
Last Updated: Tuesday, October 29, 2013, 15:13
Savings bank account and term deposit holders can now earn interest at shorter intervals, with the Reserve Bank Tuesday allowing banks to revise the periodicity of interest payments.
Last Updated: Tuesday, October 29, 2013, 15:08
The Reserve Bank of India plans to soon launch a 10-year savings instrument that will offer inflation-linked returns to small investors as an alternative to investing in gold.
Last Updated: Monday, October 28, 2013, 17:12
According to Towers Watson's Savings Attitudes Survey (India and China), approximately 90 percent of workers in China and 80 percent in India expect to retire at the age of 60 or less, with only moderate reductions in their spending power thereafter.
Last Updated: Wednesday, October 23, 2013, 18:51
Nearly three months after suspending new subscription to its gold saving scheme, Reliance Mutual Fund on Wednesday resumed acceptance of fresh investors money for this fund.
Last Updated: Monday, October 7, 2013, 16:45
India's retirement savings and income system index has improved over the last year and the performance is likely to improve significantly as pension coverage of the unorganised sector increases, says a report.
Last Updated: Saturday, September 28, 2013, 15:13
US personal consumption expenditure rose 0.3 percent in August, higher than the 0.2 percent growth pace in July, reported Xinhua citing the report issued Friday.
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