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About 30 results for "uttam ghosh money"

SIM-swap fraud: A new way of stealing money
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SIM-swap fraud: A new way of stealing money

Image: A marketing events manager at the Black Hat USA 2014 hacker conference.Photograph: Steve Marcus/Reuters With mobile phones becoming a convenient tool for banking, fraudsters have begun to use SIM-swap. The modus operandi: A fraudster obtains your bank account details and registers your mobile phone number through phishing or malware. He approaches your mobile service provider with your fake identity proof and, claiming loss of handset or SIM damage, seeks a duplicate SIM card. Rediff.com, 2 weeks ago
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3 ways to earn more money out of your fixed deposit

High volatility in the stock market coupled with falling inflation has brought back fixed deposits as an attractive investment avenue for the investors who are looking for fixed returns. Bank FD schemes offer guaranteed returns to the investors at the time of the maturity. A bank FD scheme is considered one of the safest investment avenues compared to other avenues of investments. You can avail loans of up to 75-90 per cent of the FD amount. Here are three ways in which you can get the most ...
 Rediff.com1 month ago
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These credit cards save money for you!

Inflation is a bane of our lives. Inadvertently or consciously, a vast majority among us toils just to beat the inflation. But many an occasion, our savings are very insubstantial to bring us solace. In such difficult state of affairs, where we spend more and save less, a cash back credit card is a smart way of saving on indispensable expenditures. On the occasion of World Savings Day, we look at cash back credit cards and how they help you in your battle against inflation. Cash back credit ...
 Rediff.com1 month ago
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'Rupee below 62 against dollar for long is a cause for concern'

The Indian rupee slipped below the 63-mark by falling 51 paise to trade at a fresh 11-month low of 63.45 against the US dollar in early trade on Tuesday on the Interbank Foreign Exchange. On a day the rupee breached 63 mark against the dollar, Commerce Secretary Rajiv Kher said the government would get uncomfortable if the Indian currency stays for long below 62. "The exchange price has come down to 63. "As the Secretary of the Department of Commerce I feel that the rupee if it goes further ...
 Rediff.com5 days ago
Rediff.com

Weakness in rupee seen continuing in 2015

May touch 64/$ due to foreign flows slowing down The weakness in the rupee is seen continuing going into 2015 amid concerns of foreign flows slowing down to India and it may even touch 64 a dollar in near term. However, the weakness in rupee is seen temporary as the Reserve bank of India (RBI) has been building strong foreign exchange reserves. Monday the rupee weakened to a ten-and-a-half month low of 62.96 before closing the day at 62.95 compared with Friday's close of 62.30. The rupee ...
 Rediff.com6 days ago
Rediff.com

India Inc's growing disconnect between profits and dividends

Some big ones hoard cash unduly and others borrow to keep up payments to shareholders, possibly prompting Sebi to propose a dividend policy for listed companies Here's a poser for the founders and the top management at Infosys: Had the information technology major been more generous in distributing its surplus cash over the years to its shareholders, would the promoters have had less incentive to sell their holdings to fund their post-retirement pursuit? Two days ago, the company’s four ...
 Rediff.com1 week ago
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Parliamentary panel pitches for 49% FDI cap in insurance

A Parliamentary Committee on Wednesday recommended a composite foreign investment cap of 49 per cent in the insurance sector and supported a government Bill to amend the Act. At present, a limit of 26 per cent is allowed only through the FDI route. "The Committee recommends that the composite cap of 49 per cent should be inclusive of all forms of foreign direct investment and foreign portfolio investments," said the report tabled in the Rajya Sabha. The Rajya Sabha had in August ...
 Rediff.com1 week ago
Rediff.com

Beware! Reserve Bank does not give lottery prizes

Fraudulent emails exhorting people to deposit cash for reward are on the rise. Lodge a complaint with the cyber cell if you get one. Illustration: Uttam Ghosh/Rediff.com     An email from Reserve Bank of India (RBI) governor Raghuram Rajan is hard to ignore. Especially if it says you have won Rs 5.5 crore (Rs 55 million). Unfortunately, it is not from him or the central bank.  Such mails are being sent increasingly by fraudsters. In fact, such mails have been sent to customers ...
 Rediff.com1 week ago
Rediff.com

What makes Parag Parikh a great investor

"Nobody should be buying a stock at a rate higher than its intrinsic (actual) value, because then you are looking at the greater fool theory to come into play -- that someone would buy it again from you enabling you to make a profit." At the Morningstar Investment Conference 2014, Parag Parikh, Founder & Chairman, PPFAS AMC Pvt. Ltd, shared his views in a panel discussion on value investing. Parikh is an expert on behavioural finance, a stock market veteran and an author. Here is an ...
 Rediff.com2 weeks ago
Rediff.com

Will Jaitley reintroduce Fringe Benefits Tax?

FBT was an unpopular tax and withdrawn before the General Elections in 2009 The Tax Administration and Reform Commission (TARC) has suggested reintroducing the Fringe Benefits Tax (FBT) and Banking Cash Transaction Tax (BCTT) to widen the tax base, minimising various tax exemptions, and staying away from amnesty schemes as these cause inequity among taxpayers. In its third report given to the finance ministry, the panel headed by Parthasarathi Shome said unlike earlier, even legislators and ...
 Rediff.com2 weeks ago
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