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About 17 results for "uttam ghosh money"

EPFO to pay 8.75% interest on PF deposits in 2014-15
Rediff.com

EPFO to pay 8.75% interest on PF deposits in 2014-15

Illustration by Uttam Ghosh/Rediff.com Retirement fund body EPFO's trustees on Tuesday decided to retain interest payment on provident fund deposits for 2014-15 at 8.75 per cent. "It has been decided to pay 8.75 per cent interest in the current fiscal," Central Provident Fund Commissioner K K Jalan told PTI after the meeting of the Central Board of Trustees, the apex decision making body of the Employees' Provident Fund Organisation. The EPFO has about 5 crore (50 million) ... Rediff.com, 1 month ago
Rediff.com

10 evergreen money lessons for the young

Follow these simple tips and you will be on your way to getting prosperous, says Priya Nihalani. 1. Invest in yourself Nothing like spending on your own knowledge and wisdom in matters of money. Such spending will empower you for the future and prove to be your best investment. Investing in self is a lifelong process. There is no pause button; lookout for shelling out decent money for gaining knowledge; this should be an unending regular activity. 2. Invest young Investment in financial ...
 Rediff.com1 month ago
Rediff.com

Rupee edges higher tracking share gains; broad dollar gains hurt

The rupee rose for a third consecutive session on Tuesday as expectations for more reforms continued after the government announced it would auction coal blocks, but broader gains were capped by a rising dollar globally. The government on Monday announced plans to open up the coal industry to private players, two days after it unveiled fuel reforms on Saturday, pushing domestic shares higher for their third session of gains. Still, traders expect trading in the rupee to remain muted ahead of a ...
 Rediff.com2 days ago
Rediff.com

How credit cards transformed India's financial system

The impact of the Credit Bureau has now ensured that the credit card market reached around Rs 1,500 crore (Rs 15 billion) a month level but is profitable this time for the banks and borrowers are responsible. Image: Credit card usage has increased multi-fold in India. Photograph: Reuters Legend has it that Frank McNamara (founder of Diners Club) forgot his wallet when he had dinner in a New York restaurant. When the bill arrived, Frank had to send his wife home to pick up the wallet and wait ...
 Rediff.com3 days ago
Rediff.com

What an insurance agent says and what he means!

The other day I did a small gig on what a real estate agent says and how you should interpret it... today it is the turn of the insurance agent. :-) If you have similar views and want to share them with other readers :-), Click HERE 1. Sir since you have an income, you should have a life cover Meaning: You have an income, I need to increase my income, so please take a life cover from me and my company only... all others are bad. 2. Our policies combine risk cover along with investments so ...
 Rediff.com4 days ago
Bangladesh Daily Star

A DIFFERENT SIDE of Satyajit Ray

Honestly, you would be hard-pressed to find anyone in this planet who doesn't know about Satyajit Ray. For those rare few who don't know, he was a bangali filmmaker, regarded as one of the greatest auteurs of world cinema. But, first and foremost, ...
 Bangladesh Daily Star5 days ago
Rediff.com

Investor wealth zooms over Rs 23 lakh cr so far this year

Stock market investors have become richer by over Rs 23.33 lakh crore (Rs 23.33 trillion) so far this year, as 25.49 per cent rally in the benchmark Sensex has helped the total valuation of all the BSE listed firms reach close to Rs 94 lakh crore (Rs 94 trillion). In contrast, investors' wealth had surged by over Rs 1 lakh crore (Rs 1 trillion) to Rs 70,44,431 crore (Rs 70,444.31 billion) in 2013. At present, the total market capitalisation (m-cap) of BSE listed companies stands at Rs 93,77,672 ...
 Rediff.com2 weeks ago

Durga Puja, Bengali style

With four days of the puja remaining, here's where you can go to get a taste of all things Bengali Saptami, Ashtami, Navami, Dashami…this is what you are likely to hear most Bengalis talk about while they meticulously plan where to go, what to ...
 The Hindu3 weeks ago
Rediff.com

Why investing in stocks is better than real estate

Investing in stocks offer secrecy, partial liquidity and freedom to invest even a small amount, says P V Subramanyam Many people ask me this question. Subra why should we invest in equities and equity funds only? My logic is simple. You save in post office instruments, bank fixed deposits, etc. You invest in asset classes which fluctuate in annual returns. So when you put money in equities, gold or real estate you are investing. Along with investing comes risk. Now if you have invested in a ...
 Rediff.com3 weeks ago
Rediff.com

Is cash the safest investment option?

Considering 12 per cent inflation and savings bank return of 4 per cent per annum all your cash burn out in 12 years. Investors (let me not confuse you with savers, here, I am not making a distinction) -- come in many forms. Those who have no appetite for variability (wrongly termed as risk) think cash is the safest form of investing. Is it? Well there are three things that destroy cash: Inflation, taxation and time. Over long periods inflation can (and will) destroy money that is kept in ...
 Rediff.com3 weeks ago
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