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Bank holiday today: Banks in India will be open on June 21, 2025, as it is the third Saturday of the month. The RBI calendar indicates that banks close on the second and fourth Saturdays and all Sundays. International Yoga Day is not a bank holiday.
Earlier, Maruti Suzuki chairman R.C. Bhargava said his company's stocks of rare earth magnets will last until July. According to Bajaj Auto Ltd, the industry will face production cuts from July, if the situation over China's export curbs is not resolved.
Investors tend to invest in a gamut of mutual funds to curate a portfolio for the purpose of making corpus for retirement. Alternatively, one can simply invest in solution-oriented mutual funds.
Check out the latest fixed deposit interest rates offered by top public sector banks in India, ideal for risk-averse investors seeking safe, stable, and government-backed returns.
Wes Andersons The Phonician Scheme and Aamir Khans Sitare Zameen Par release quietly (read: post noon!) We even get to watch a Nagarjuna/Dhanush film Kubera. For the audience, the weekend is set! Too much of a good thing or just lets slip in unnoticed? What are they thinking?
Income tax: Without the employer's breakdown of the lump sum salary, you cannot file form 10E to claim a rebate under Section 89(1) for the financial year 2024-2025. Salary becomes taxable upon receipt, regardless of when it is due.
Check out the latest fixed deposit interest rates offered by top private sector banks in the country, highlighting the best returns, ideal tenures, and safety considerations for cautious investors.
ITR 2025: Before filing income tax return (ITR), taxpayers can check their total tax outgo via income tax calculator
EPFO: The idea behind Universal account number (UAN) is to link multiple member identification numbers allotted to a single member under single Universal Account Number.
The MSME Online Dispute Resolution portal will help resolve delayed payment disputes by facilitating communication between debtors and micro and small enterprises.
Personal loans when used wisely during inflation or crises, can help build financial stability, manage emergencies, reduce debt burden, and avoid unnecessary lifestyle-related borrowing risks.
Income Tax: Central Board of Direct Taxes (CBDT) released the excel utilities of ITR-1 and ITR-4 but has not of ITR-2.
Credit scores are crucial for loan approvals, yet borrowers often overlook hidden factors like credit utilisation, job stability, and rapid credit report changes that lenders quietly consider.
Also, nominees can directly transfer mutual fund units to legal heirs.
Your credit limit defines your spending capacity. While requesting a higher limit can boost financial flexibility and credit scores, it also risks overspending. Manage credit wisely and consult experts before applying for increases to avoid debt issues.
We give a lowdown on the FD interest rates offered by different non-banking financial institutions (NBFCs) such as ICICI Home Finance, Bajaj Finserv and Muthoot Capital, among others
We give a lowdown on the highest FD interest rates offered by top 7 banks from SBI, PNB to HDFC Bank
As Eutelsat raises 1.35 billion to fund satellite expansion and repay debt, Bharti trims stake while France emerges as top shareholder with plans to build a sovereign space network.
Such deals could include paying off a friendly creditor just before bankruptcy proceedings while ignoring others, moving assets to related parties or hiding them, selling assets for less than theyre worth, or taking loans on unfair or excessive terms.
India's imports of Chinese paper and paperboard have risen over the years.
They have no option but to cut savings and term deposit rates. But if they do so, they run the risk of not having enough when loan demand picks up.
The government issued a clarification after reports that the Boeing Dreamliner's black boxes were being sent to the US for analysis.
Oprah Winfrey and Elon Musk endorsed it. And though Indian celebrities havent yet admitted to their use, the mystery slimming of Bollywood filmmaker Karan Johar and TV talk show host Kapil Sharma have drawn comparisons. Heres the inside story of GLP-1 drugs, and the coming gold rush.
ECS/NACH return charges are penalties levied for failed auto-debit payments due to insufficient funds or mandate errors. Timely balance management helps avoid these costly penalties and disruptions.
Despite the dominance of Bollywood, regional films are gaining traction, reflecting a demand for culturally rooted stories and emotional narratives that resonate with audiences.
Small finance banks in the country are offering fixed deposit interest rates of up to 8.60% in 2025, making them an attractive option for conservative investors seeking higher returns.
The digitisation that has transformed banking and payments offers hope for other sectors, but only if implemented with genuine political will.
Go Digit Insurance has settled claims for migrant labourers in Noida under parametric insurance after temperatures exceeded 42C. The policy offers pay outs up to 3000 for health protection and daily needs, plus a hospitalisation cash allowance, ensuring support during extreme weather conditions.
Mint Money journalist Shipra Singh will host the second episode of the ongoing Extraclass series on 19 June. Register now.
The report warns that automakers and suppliers must change how they work together to meet the challenges of the coming decade, especially with the shift to electric vehicles (EVs).
Mutual funds: We list out all the top performing large cap mutual funds in the past five years
Managing multiple high-interest debts can be stressful. Personal loans can help consolidate these debts into one payment, potentially saving on interest. However, it's essential to assess the commitment and budgeting required before proceeding with debt consolidation.
LIC's Index Plus Plan provides holders a dual benefit of life cover and market-linked investment with flexible fund options, guaranteed additions, and partial withdrawals for long-term financial planning.
Fixed EMI personal loans provided applicants with consistent repayments and protection from rate hikes but come with higher interest costs and less flexibility, making it crucial to weigh all pros and cons carefully.
Home loans and loans against property (LAP) are secured loans with different purposes. Home loans are for purchasing real estate, while LAP allows borrowing against property for various needs. Choosing between them depends on financial goals and repayment capacity.
Digital wallets originated in Kenya with M-Pesa, providing secure money transfer for those without bank access. This model evolved in India, facilitating financial inclusion through UPI. Today, mobile payments are integral to India's economy, particularly benefiting youth and rural areas.
Smart strategies like tax benefits, refinancing, early interest payments, and flexible EMI plans can help reduce your education loan burden and ensure financially stress-free student debt management.
Irdai mandated parity for AYUSH claims with allopathic care in Jan 2024. Yet patients face rejection over unclear rules, documentation issues and varying insurer interpretations.
There could be numerous reasons of holding multiple cards. Sometimes, you may want to raise your credit limit and at times, you want better rewards and offers
The credit score above 700 is believed to be good. And when it is above 750, it is considered excellent. And when the score is excellent, you can manage to raise personal loan at a low rate of interest.
Prepayment of loan involves payment of interest on the outstanding loan. Rate of interest is inversely proportional to the outstanding tenure
Telangana is the only state that doesn't share vehicle registration data on the Centre's Vahan portal. The Union ministry of heavy industries collates registration data from the central government's Vahan portal, tallies them with claims made by companies before disbursing financial incentives.
After decades of conceding shipbuilding to the Chinese, Koreans and Japanese, the world is waking up to the need for domestic capacity. India is planning a series of missions to this end, while the US pursues a different set of measures.
CARBON-INDUSTRY/:Future low-carbon materials projects need $1.6 trillion in funding, report says
Vinay Razdan had been the CHRO of HDFC Bank for about seven years.
The Broadband India Forum has written to the government, saying there was no question of a level-playing field with terrestial operators given the vast differences in technologies, services, cost of infrastructure, and spectrum assignment.
Between May and June, six helicopter-related incidents have happened, with the latest involving a Bell 407 helicopter that crashed on 15 June in Uttarakhand. Most of these crashes occurred in Uttarakhand, a hilly region, around the Char Dham Yatra, an annual Hindu pilgrimage.
From natural disasters to theft, a tailored home insurance policy can safeguard both your property and high-value possessions.
Narendra Modi loves them, and so does Vivek Oberoi. Aside from being grown in a lab, theyre like natural diamonds in every way, and theyre selling like hot cakes. But a dark cloud looms large over the future of Indias nascent lab-grown diamond industry.
I-T Department has sent e-mails to thousands of defaulting people nudging them to file an updated Income Tax Return (ITR) if any income on account of crypto transactions has not been declared or mis-declared by them.