Business

14

Feb

By The Press Editor

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Business

Know your returns on Rs 5 lakh and Rs lakh 10 lakh investments – India TV

Image Source : PTI/INDIA TV Fixed deposits offer a risk-free return. SBI FD Scheme: The State Bank of India (SBI) is India's largest public sector bank. It offers several saving schemes to its customers - with one of the most important ones being a fixed deposit scheme. The fixed deposit scheme is considered to be the favourite of people who are looking for a risk-free return. Moreover, some FDs offer premature withdrawal facilities which let customers close it even before the maturity date. If you are planning to invest in a fixed deposit, here we have tried to provide a…

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14

Feb

By The Press Editor

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Business

Customers express concern about deposits as RBI imposes restrictions – India TV

Image Source : FILE New India Co-Operative Bank chaos: Customers express concern about deposits as RBI imposes restrictions Several customers expressed concern as they gathered outside Mumbai-based New India Co-operative Bank on Friday, a day after Reserve Bank banned the bank from issuing new loans and suspended deposit withdrawals for six months, citing supervisory concerns and the lender's liquidity position. "We are clueless as no information is being provided by the bank. I got the information that the bank is allowing customers to operate locker but we have been standing for hours and nothing is happening," a customer said. "I…

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14

Feb

By The Press Editor

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Business

Check subscription plan – India TV

Image Source : JIOHOTSTAR The platform has close to 3 lakh hours of entertainment. JioHotstar subscription plan: JioStar, the newly formed joint venture by the merger of Viacom18 and Star India, has launched JioHotstar. The platform brings togetherJioCinema and Disney+ Hotstar streaming platforms. JioHotstar subscription plan According to the information provided, the subscription plan begins for JioHotstar begins at Rs 149.  Will this impact existing JioCinema and Disney+ Hotstar subscribers? The company said that existing JioCinema and Disney+ Hotstar subscribers will be able to seamlessly transition and set up their JioHotstar subscriptions. The platform has close to 3 lakh hours…

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14

Feb

By The Press Editor

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Business

Customers queue outside Mumbai-based New India Co-operative Bank as RBI imposes several restrictions – India TV

Image Source : PTI Customers queue outside Mumbai-based New India Co-operative bank as RBI imposes several restrictions Queues of people were seen outside Mumbai-based New India Co-operative Bank as worried customers want to withdraw their money after the Reserve Bank of India (RBI) on Thursday imposed several restrictions, including on the withdrawal of funds by depositors, amid supervisory concerns. The Reserve Bank's Directions to New India Co-operative Bank, Mumbai came into force from the close of business on Thursday and would remain in force for a period of six months and are subject to review. "Considering the bank's present liquidity…

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14

Feb

By The Press Editor

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Business

Sensex, Nifty open in green amid PM Modi’s US visit – India TV

Image Source : PTI GIFT Nifty had hinted at a positive start for the Nifty 50 index. Market Opening Bell: Indian benchmark indices opened in green on Friday, February 14, 2025, amid mixed global cues. While the 30-share BSE Sensex was up over 200 points in early trade, the NSE Nifty started at above 23,100. The BSE Sensex gained 250.02 points or 0.32 per cent to trade at 76,388.99, while the NSE Nifty 50 climbed 65.05 points to 23,096.45 in the opening trade. The positive start comes after Prime Minister Narendra Modi met US President Donald Trump at the Oval Office on…

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14

Feb

By The Press Editor

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Business

From ‘tax year’ to special provision for capital gains computation, what’s new? – India TV

Image Source : SANSAD TV Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Thursday introduced the New Income Tax Bill in Lok Sabha. She urged the Lok Sabha Speaker to refer the Income Tax Bill, 2025, to the Select Committee of Lok Sabha. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction. The new bill does not bring in any new taxes, but only simplifies the language of the existing Income Tax Act, 1961. The new law is expected to come into effect from April 1, 2026. Here's everything…

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14

Feb

By The Press Editor

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Business

Want to request premature redemption? Don’t miss these important dates – India TV

Image Source : PIXABAY The SGBs are transferable to any other eligible investor and can be gifted as well. Sovereign Gold Bonds: Sovereign Gold Bonds or SGBs are government securities that let people invest in gold without the need to physically hold it. SGBs are issued by the Reserve Bank on behalf of the Government of India and are denominated in grams of gold. Sovereign Gold Bonds: Is premature redemption allowed? The tenor of the Sovereign Gold Bond is 8 years. However, early encashment or redemption is allowed after the fifth year from the date of issue on coupon payment…

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13

Feb

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Business

Credit card users must know differences between these two – India TV

Image Source : PIXABAY Credit Card issuers let users check unbilled transactions in various ways. Unbilled vs Outstanding amount: A credit card is an important tool that allows users to purchase costly items without much hustle as it will let users convert the total amount into affordable EMIs. Moreover, credit card offers several advantages like cashback offers, access to lounge and others. In order to avail of all these benefits, users must know all the aspects related to credit card usage. Two such aspects are unbilled amounts and outstanding amounts in credit cards. Some people usually get confused between the…

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13

Feb

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Business

Sensex, Nifty pare gains, end in red for 7th consecutive day – India TV

Image Source : PTI Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,969.30 crore on Wednesday. Benchmark indices Sensex and Nifty pared early gains to end the session in the red for the seventh straight day on Thursday. While the 30-share BSE Sensex dipped 32.11 points or 0.04 per cent to settle at 76,138.97, the NSE Nifty slipped 13.85 points or 0.06 per cent to 23,031.40 at the end of the session. The index stayed in the positive zone for the most part of the session. The benchmark swirlled 751.1 points between the day's high of 76,764.53 and low of…

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13

Feb

By The Press Editor

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Business

Does checking credit score often affect it adversely? Know some major misconceptions – India TV

Image Source : PIXABAY It is good to keep a tap on your credit score. Credit score is an important part of everyone's financial journey. It is a three-digit number that can be helpful when applying for a credit card or loan. There are four main credit bureaus in India - Credit Information Bureau (India) Limited (CIBIL), Equifax, Experian and CRIF Highmark. However, CIBIL is the most prominent among them.  What is a good CIBIL score? Anything above 750 is considered to be an excellent CIBIL score while one in the range of 650-749 is considered to be good. A…

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