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22 April, 2018 8:42 AM Tax-Saving FDs: SBI Vs ICICI Bank Vs HDFC Bank Vs Axis Bank

Major banks like State Bank of India (SBI), ICICI Bank, HDFC Bank and Axis Bank offer the option of income tax-saving fixed deposits. With effect from April 20, HDFC Bank revised interest rates on its tax-saving fixed deposits. With effect from april 17, ICICI Bank revised interest rates on tax-saving fixed deposits. Tax-saving fixed deposits (FDs) help you claim 31

21 April, 2018 2:46 PM Live streaming of Lyrid meteor shower: Watch it here

The Lyrids are classified as a medium-strength shower.  New Delhi: The Lyrid meteor shower is expected to peak shortly before dawn on April 22, 2018. Up to 20 meteors per hour will likely be visible overnight on April 21-22, as per NASA`s Jet Propulsion Laboratory. According to Jet Propulsion Laboratory, "Lyrid meteors are active from April 14 through 34

20 April, 2018 4:15 PM MPC members to tread cautiously over interest rate hike

RBI Governor Urjit Patel and 4 other members of the Monetary Economic Policy (MPC) will wait for more data before making any judgement regarding the future course of interest rates. India’s Monetary Policy Committee (MPC) that is responsible for fixing benchmark index rates in the country, which so far favoured a wait-and-watch approach on interest 34

18 April, 2018 10:07 AM Tesla to build 6,000 Model 3's per week till June-end: Musk

San Francisco: Chief Executive of the electric car maker Tesla Elon Musk has said that the company will now build Model 3 sedan round the clock until the end of June to produce 6,000 cars per week. The announcement comes a day after Tesla temporarily suspended its Model 3 assembly line as the firm struggled to deliver on targets. The company said the move was a planned 40

13 April, 2018 3:50 AM Nifty Reclaims 10,500, Infosys Rises Ahead Of Q4

The Sensex was up over 150 points while Nifty moved above 10,500 mark. Metal, pharma and banking stocks led the gains. Infosys kicks off the fourth quarter earnings season today. Its shares were up 0.50 per cent. The IT major is expected to announce earnings after market hours today. With improving economic outlook in key markets like the US and higher 33

10 April, 2018 4:42 PM In a first since December 2013, HDFC raises lending rate by 20 bps

After HDFC Ltd, largest mortgage financier in private sector, raised its lending rate by 20 basis points (bps), home buyers are set to shell out more in their EMIs or the equated monthly installments. The retail benchmark prime lending rate (BPLR) increase by HDFC is the first since December 2013, signaling a rate hike cycle in loan rates across the finance 25

9 April, 2018 3:25 PM HDFC hikes lending rate by up to 0.20%

Largest mortgage player HDFC today upped its lending rates by up to 0.20 percent, in line with similar moves by commercial banks. The increase in the Retail Prime Lending Rate (RPLR), on which it benchmarks the Adjustable Rate Home Loans (ARHL), is effective from April 1, an official statement said. A company spokesperson said the rate hike is progressive 29

6 April, 2018 8:59 AM Taxpayers receiving pension from ex employers eligible for Rs 40,000 standard deduction

Rs 40,000 standard deduction for salaried employees and pensioners was introduced in lieu of the exemption in respect of transport and medical expenses. New Delhi: Taxpayers who receive pension from their former employers are eligible to claim standard deduction of Rs 40,000, Income Tax department has said. “Finance Act, 2018 has amended Section 16 of the Income 63

5 April, 2018 12:49 PM Pension from ex-employers eligible for Rs.40k standard deduction

Taxpayers who receive pension from their former employers are eligible to claim a standard deduction of Rs.40,000, the Income Tax department said on Thursday. Keeping income tax rates and slabs unchanged, Budget 2018-19 introduced Rs.40,000 standard deduction for salaried employees and pensioners in lieu of the exemption to transport and medical expenses 37

5 April, 2018 4:09 AM Petrol, Diesel Rates Hiked Today. Petrol Price Highest In 4 Years, Diesel At Record High

Petrol and diesel prices were hiked further today (April 5). Indian Oil, the country's largest fuel retailer, increased petrol and diesel prices by 3 paise per litre across Delhi, Mumbai, Kolkata and Chennai, according to its website - iocl.com. From 6 am, April 5, petrol and diesel prices in Delhi were at Rs 73.98 per litre and Rs 64.85 per litre respectively 74