By Loknath Das On Saturday, May 27th, 2017
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Finances ‘messier than a pit latrine’, DA MP claims

Water and Sanitation Minister Nomvula Mokonyane’s budget vote very nearly did not get the buy-in from the portfolio committee – its financial state was described as messier than a pit latrine by an opposition More...

By Loknath Das On Saturday, May 27th, 2017
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Here are some companies Google’s new AI investment arm might be interested in

Google is launching a new investment arm aimed at artificial intelligence, according to a report in Axios. A source familiar with Google’s plans says the new program will focus on early-stage startups. Where More...

By Loknath Das On Saturday, May 27th, 2017
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Income paid by cash in the bank hits record lows, may fall further

INTEREST rates paid on almost all types of savings accounts have dropped to record lows, increasing financial pressure on millions of retirees and first home savers. New Reserve Bank data shows that term deposits, More...

By Loknath Das On Friday, May 26th, 2017
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Money Milestones: This is how your finances should look in your 50s

On the first day of this year, tech executive and author David Bressler had a note on his calendar to start contributing more to his retirement accounts. Bressler is turning 50 later this year but he’s already More...

By Loknath Das On Friday, May 26th, 2017
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Economy has got wind under its sails & it’s expected to soar higher in future

  The government under the leadership of Prime Minister Narendra Modi has completed its three years. During this period, the government has worked towards gaining strength in macroeconomic fundamentals through More...

By Loknath Das On Friday, May 26th, 2017
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SBI Savings Account: Tips To Avoid Penalty, Minimum Balance Rules, More

  Do you hold a savings bank account with India’s largest bank? State Bank of India or SBI now charges its savings bank account customers for not maintaining certain amounts it has set based on their branch More...

By Loknath Das On Friday, May 26th, 2017
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S Chand And Company Lists At Over 5% Premium On Stock Exchanges

Shares of textbook publisher S Chand and Company made its debut on stock exchanges today. The stock rose as much as 5.5 per cent to hit high of Rs. 707 against its issue price of Rs. 670. S Chand & Company More...

By Loknath Das On Friday, May 26th, 2017
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Taxes On Entertainment Services Set To Come Down After GST Rollout

New Delhi: Lower taxes will prevail in the entertainment sector in the Goods and Services Tax (GST) regime as service providers will be eligible for full input tax credit, Finance Ministry said on Tuesday. “Entertainment More...

By Loknath Das On Friday, May 26th, 2017
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RBI Defies Supreme Court Order On Loan Defaulters. Here’s Why

New Delhi: The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme Court in 2015 to make this information public. The case More...

By Loknath Das On Thursday, May 25th, 2017
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Central bankers unveil code to crack down on currency market rigging

The architects of a new code of conduct that aims to clean up the global foreign exchange markets have conceded it will do little to stop currency traders who are intent on breaking the rules and manipulating More...