New Delhi: A big cut in small savings schemes will deliver a blow to savers who depend on these schemes for income and social security.Conversely, this will reduce interest rates, bring down the cost of capital and spur capex and stock markets. The government revised the interest rates on small...
Samsung Galaxy S20 FE 5G launched in India
Samsung has launched Samsung Galaxy S20 FE 5G in India on Wednesday. Both 4G and 5G variants of Samsung Galaxy S20 FE were introduced in September last year, while only 4G variants were introduced in the Indian market in October. Talking about the main features of the 5G variant of...
Term insurance will be expensive from tomorrow
The premium for term insurance plans is expected to increase by 10 to 15 percent soon. While some insurers have increased the premium in recent months, some others are expected to do so by April 2021. Indranil Chatterjee, Co-Founder and Principal Officer, RenewBuy, said that most insurance companies post term...
RBI postpones changes in auto debit-credit for 6 months
New Delhi: The Reserve Bank of India (RBI) has deferred for six months the changes in OTT subscription, auto payment of bills or auto debit in the country from 1 April. In view of the inconvenience caused to the people regarding the new structure, the RBI has taken this step....
Sensex slipped 627 points
Mumbai: The fall in most of the key indices globally and rising concern due to the Korena epidemic led to a huge sell-off in the domestic stock market on Wednesday due to which the Sensex slipped 627 points and returned below the 50,000 mark and the Nifty also declined by...