Business

International standard Brent crude has reached the threshold of $ 100 per barrel amid the growing geopolitical crisis in West Asia and the Red Sea region and fears of supply disruption. This unprecedented surge in the global energy market has created a big headache for India’s major state oil marketing …

Punjab National Bank (PNB), the country’s second largest public sector lender, has launched an exciting fixed deposit scheme for depositors looking for safe investments and assured returns. This 444 days (approximately 14 months 19 days) special FD scheme of PNB has emerged as an ideal option for all those investors …

From the platform of Global Fintech Summit, Prime Minister Narendra Modi has praised India’s digital public infrastructure and rapidly growing fintech sector. Describing the Unified Payments Interface (UPI) as the undisputed champion of the country’s fintech success, PM Modi said that instead of limiting the use of technology only to …

The largest and most historic commercial agreement has come to the fore in India’s electric vehicle (EV) infrastructure sector. CHARGEZONE, the country’s leading EV supercharging network, has secured long-term energy contracts worth more than $1 billion i.e. approximately ₹10,500 crore for intercity electric buses, heavy commercial trucks and fleet cars. …

The country’s largest private sector bank, HDFC Bank, has given big relief to millions of its borrowers. The bank has announced a reduction in its Marginal Cost of Funds-Based Lending Rates (MCLR) by 5 to 10 basis points (0.05% to 0.10%). The new revised rates have become effective. This decision …

Financial responsibilities in middle-class families are always a complex maze. When you have huge home loan EMIs to pay every month, ever-increasing children’s school and tuition fees and regular health care of your elderly parents, life runs on a tight budget. In such a situation, the entire household budget can …

Every working person dreams of achieving financial freedom and building a solid corpus of ₹ 1 crore by the age of 50. But your investment plays a more important role in achieving this goal. Time (Time Horizon) Plays. The earlier you start, the faster the magic of compounding makes your …

There is always a question in the mind of every employed and self-employed Indian that how will they get a fixed income every month after retirement. Traditionally people turn to bank fixed deposits (FD), Post Office Monthly Income Scheme (POMIS) or Senior Citizen Savings Scheme (SCSS). In an era of …

In almost every city and town of India, bank locker is considered to be the most impenetrable place to keep ancestral wedding jewellery, gold coins and important property documents safe. Common customers assume that their life savings are completely safe under the surveillance of bank’s strong concrete walls, heavy iron …

A very relieving news has emerged at the level of the Defense Ministry for more than 70 thousand employees and officers working in 41 Ordnance Factories across the country. The Empowered Group of Ministers (EGoM) headed by the Union Defense Minister has taken a major decision regarding the service rules …