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Household financial savings rate inches up to 7.2% of GDP

Savings in deposits by the households rose to Rs 1 trillion (17%) in the year

Minimum pension of Rs 1,000 under EPFO; wage ceiling up at Rs 15,000

The increase in the minimum wage ceiling from Rs 6,500 to Rs 15,000 a month

EPFO retains 8.75% interest for FY15

The retirement fund body has about 5 crore subscribers and the decision will have a bearing on their retirement fund

EPFO may announce PF interest rate for FY15 on Tuesday

The issue of payment of interest rate for 2014-15 is listed on the agenda of the next meeting of the Central Board of Trustees

Features Rss icon

40 Years Ago...And now: From outcry to just a click

Brokers trade over the terminal and with just a click of a mouse, buy or sell shares

For consumers, mediation might not mean much

Changes proposed to the Consumer Protection Act, such as inserting another round of mediation after filing a case, are unnecessary

Online wills are legally sound

Such a will, a cheaper and more convenient option, has to be signed by two witnesses

Gold purchases can wait

Unlike earlier years, buying it closer to the festival season can be cheaper

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Expert Opinion  Rss icon

Fixed deposits with a time frame of 1-2 years can work
Devangshu Datta

By November-December 2014, investors should also look at debt funds

The conservative should focus on diversified investing
Devangshu Datta

But a risk-taker can focus on a concentrated portfolio, like an entrepreneur whose portfolio contains just one business: His own

Investor Education 

Five things you wanted to know about the RuPay card

Recent developments saw Government passing on instructions to state owned banks to issue RuPay debit cards to their customers

5 rules to help you invest for the long term

Being a long term investor is also not an easy task, as for long term things might be not in your favour

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