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Personal Finance / The Economic Times

Senior Citizens Savings Scheme or bank fixed deposits: Which offers best interest rate for senior citizens?

In view of increased interest rates, the government revised the interest rates of a few small savings schemes, including the Senior Citizens Savings Scheme, for the June 2023 quarter.

1 Apr 2023 10:28 am
Mahila Samman Savings Certificate, 2023: Who can invest, interest payment, charges, how to open, premature closure

An account opened under this scheme will be a single holder type account that can be opened at the Post Office or any authorised bank.

1 Apr 2023 10:18 am
Bank Nifty Lot Size to Be 15 from July Expiry

The market lot size for Nifty Bank futures and options has been reduced to 15 from 25, effective from the beginning of July 2023 contracts. In a circular on Friday, the National Stock Exchange said only the far-month contract, i.e., July 2023 expiry contracts, would be revised for market lots

1 Apr 2023 9:41 am
TCS to kickstart Q4 earnings season on April 12, consider final dividend for FY23

A meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Wednesday, April 12, 2023, to approve and take on record the audited standalone and consolidated financial results of the Company under

31 Mar 2023 9:37 pm
Heres what millennials need to know about smart tax savings plans and products

Are you a young salaried professional, whose investment and tax-saving strategy is the result of a mix of impulse and instinct, without adequate time and thought invested in much-needed planning for his taxes? While tracking the latest developments in the Indian tax landscape, we demystify the overarching differences between the old and the new tax regime to help you choose the best option.

31 Mar 2023 7:02 pm
Senior Citizen Savings Scheme, Sukanya Samriddhi, NSC interest rates hiked by up to 70 bps for June 2023 quarter

Here is a look at the interest rates on various small savings schemes for the first quarter of FY 2023-24.

31 Mar 2023 4:50 pm
National Savings Certificate: Government clarifies on premature closure of NSC account pledged in favour of banks

National Savings Certificates, also known as NSCs, are savings bonds that can be invested through the India Post's small savings schemes.

31 Mar 2023 4:43 pm
Sensex rises! But these stocks fell 5% or more in Friday's session

In the Nifty pack, 43 stocks closed in the green, while 7 stocks ended in the red.

31 Mar 2023 4:41 pm
Stock market update: Nifty Auto index advances 1.01%

The Nifty Auto index closed 1.01 per cent up at 12243.8.

31 Mar 2023 4:36 pm
Stock market update: Nifty Realty index advances 1.63%

The Nifty Realty index closed 1.63 per cent up at 387.35.

31 Mar 2023 4:31 pm
Sebi extends compliance period for 3 yrs for large corporates to raise 25% of incremental borrowings via debt mkt

The Securities and Exchange Board of India (Sebi) has extended the compliance requirement for large corporates to raise at least 25% of their incremental borrowings through debt securities to a contiguous block of three years from the present two years. This decision comes after the board of Sebi allowed the proposal. Previously, large corporates needed to mobilize a minimum of 25% of their borrowings through the issue of debt securities in a financial year, which had been mandated over a contig

31 Mar 2023 4:30 pm
Brokerages Jefferies, Morgan Stanley find India equity valuations attractive after rout

Meanwhile, Morgan Stanley places India at the 7th spot in terms of market allocation among APxJ/EM (Asia Pacific ex-Japan / Emerging Markets). The US-headquartered investment bank and financial services company is Overweight (OW) on China, South Korea and Taiwan.

31 Mar 2023 3:32 pm
Alert! 33 companies to face pre-IPO lock-in expiry in next 3 months

As many as 33 companies will see the expiry of pre-IPO lock-ins in the next three months. A lock-in is a time period under which existing shareholders cannot sell their investments to avoid volatility in the stock.

31 Mar 2023 3:01 pm
Share price of Siemens falls as Nifty strengthens

A total of 6,278 shares changed hands on the counter till 01:48PM (IST).

31 Mar 2023 1:48 pm
Zee Ent. shares fall 1.67% as Nifty gains

The stock quoted a 52-week high price of Rs 308.65 and a 52-week low of Rs 176.6.

31 Mar 2023 1:38 pm
Trent shares up 1.65% as Nifty gains

A total of 11,181 shares changed hands on the counter till 12:40PM (IST).

31 Mar 2023 12:40 pm
Midcap stock zooms 9% on receiving USFDA approval for glaucoma drug

Brimonidine Tartrate Ophthalmic Solution is an alpha-adrenergic receptor agonist indicated for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension.

31 Mar 2023 12:39 pm
Havells India stock price up 0.7 per cent as Sensex climbs

As of 31-Dec-2022, promoters held 59.45 per cent stake in the company, while FIIs held 22.6 per cent and domestic institutional investors had 3.98 per cent.

31 Mar 2023 12:35 pm
Add Motilal Oswal Financial Services, target price Rs 985: HDFC Securities

Motilal Oswal Financial Services, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 9025.56 Crore) operating in NBFC sector.

31 Mar 2023 12:33 pm
Bharat Electronics shares jump over 7%. What's cooking?

Further, for the Indian Navy, contracts for Software Defined Radio (1,265 units), HD VLF HF Receiver (1,178 units), and Sarang (12 units), were signed. Sarangs will be installed on Kamov 31 helicopters of the Indian Navy which intercepts, detects and identifies the radar emitters comprising state-of-the-art technologies.

31 Mar 2023 12:32 pm
Share price of LTIMindtree rises as Nifty strengthens

A total of 11,311 shares changed hands on the counter till 12:30PM (IST).

31 Mar 2023 12:30 pm
Add ICICI Securities, target price Rs 625: HDFC Securities

ICICI Securities, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 13823.52 Crore) operating in Financial Services sector.

31 Mar 2023 12:28 pm
IRCTC shares up 1.69% as Nifty gains

The stock quoted a 52-week high price of Rs 840.05 and low of Rs 557.0.

31 Mar 2023 11:33 am
What is Hallmark Unique Identification Number (HUID) for gold jewellery

What is Hallmark Unique Identification Number (HUID) for gold jewellery

31 Mar 2023 11:29 am
Shares of Ashok Leyland rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 147.29.

31 Mar 2023 11:28 am
Share price of Indian Hotels jumps as Sensex gains 603.93 points

Promoters held 38.19 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 19.0 per cent and 21.46 per cent, respectively.

31 Mar 2023 11:22 am
You will not be able to buy this type of gold jewellery from April 1, 2023

The Bureau of India Standards (BIS) will not permit the sale of hallmarked gold jewellery or artefacts after March31, 2023 if those items lack a 6-digit alphanumeric Hallmark Unique Identification Number (HUID).

30 Mar 2023 4:21 pm
Morgan Stanley upgrades India to equal-weight; bets on financial, consumer discretionary sectors

Morgan Stanley has reduced active risk to zero from (-)50 bps, earlier. The overall score stands at 22, according to this report. Chile is another country which has been given an Equal-weight rating by Morgan Stanley.

30 Mar 2023 3:37 pm
Tax sops removal may prompt MFs to make fund-of-funds, international funds cost competitive

According to the new rules that come into effect from April 1, mutual funds with less than 35% investment in equities will be taxed short-term capital gains (STCG) based on income tax slab levels, similar to how bank fixed deposits are taxed.

30 Mar 2023 3:30 pm
Up to 8.5% FD rates: Special fixed deposit schemes closing on March 31

Up to 8.5% FD rates: Special fixed deposit schemes closing on March 31

30 Mar 2023 11:45 am
Rs 10,000-investment swells to Rs 11 lakh! This smallcap multibagger soared 11K% in just 10 years

The multibagger stock has risen from being a penny stock available at just Rs 10.20 in April 2003 to over Rs 600 currently. In the last five years, the shares have surged 522% and the same jumped nearly 830% in the last three years.

30 Mar 2023 11:35 am
Asian markets mixed as traders weigh rates outlook

Asian markets were mixed on Thursday as investors weighed US interest rates against the backdrop of recent turmoil in the financial sector. Markets have largely been reassured by comments from officials suggesting the fallout from the collapse of US regional banks and from Credit Suisse's troubles was contained

30 Mar 2023 8:36 am
Account-to-account transfers free on UPI: NPCI

NPCI recently issued guidelines that allowed prepaid payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem.

30 Mar 2023 8:36 am
Adani co stocks rebound, add 20,205 cr in mcap

Adani Group's market capitalisation surged by 20,205 crore on Wednesday to 9.09 lakh crore after falling by 49,400 crore the previous day. In the past week, these stocks have weakened again, possibly due to negative news flow. The group's clarification late last night to stock exchange was in response to a report by The Ken earlier in the day which raised questions on whether the conglomerate's promoters had repaid its loans against the shares they had pledged.

30 Mar 2023 8:28 am
Before Azure Power's results, a project awaits rollout

Azure received an extension from the NYSE until mid-July to submit an audited report for FY22, averting a possible stock delisting.

30 Mar 2023 8:26 am
Sebi greenlights slew of reforms

At the Sebi board meeting, chairperson Madhabi Puri Buch declined to comment on its investigation into the Hindenburg Research report on the Adani Group. We never comment on entity-specific matters and on top of that the matter is before the Supreme Court and we never comment on sub-judice matters, Buch said at a press conference after the board meeting.

30 Mar 2023 8:07 am
Promoter Fairbridge Capital buys 4.4% stake in Quess Corp; MF, FPI sell stake

The stake acquisition by the promoter helped shares of Quess Corp snap their 3-day losing streak and test a 1-month high of Rs 385. The stock ended 4% higher at Rs 357.50 on the NSE.Through separate deals, a mutual fund house, foreign portfolio investor, and life insurance company sold stake in Quess Corp.Aditya Birla Sun Life Mutual Fund sold 11,36,091 shares or 0.8% stake at Rs 383.79 a share.

29 Mar 2023 10:34 pm
Highest FD interest rates: These banks offer best fixed deposit rates between 8% and 9%

Many banks currently offer senior citizens interest rates above 8%. When it comes to interest rates for regular citizens, however, only few come close to this rate.

29 Mar 2023 4:46 pm
Which UPI payments will attract interchange fee? Will you have to bear the cost?

NPCI has advised that UPI transactions made via prepaid instruments, such as wallets and cards will attract an interchange fee of 1.1 per cent for merchant payments from April 1, 2023. The interchange fee will be levied only on specified merchant transactions of above Rs 2,000. Which transactions will attract a fee from April 1, 2023? Will you have to pay a fee while paying via UPI in a store? ET Wealth decodes

29 Mar 2023 3:27 pm
UPI transactions to remain free for you, NPCI clarifies

UPI transactions to remain free for you, NPCI clarifies

29 Mar 2023 1:57 pm
Share price of Aurobindo Pharma falls as Nifty strengthens

A total of 51,875 shares changed hands on the counter till 01:27PM (IST).

29 Mar 2023 1:27 pm
Godrej Properties share price down 0.16 per cent

A total of 13,069 shares changed hands on the counter till 01:22PM (IST).

29 Mar 2023 1:22 pm
Bank of Baroda rises 1.24% as Sensex climbs

The stock traded at a P/E multiple of 7.1, while the price-to-book value ratio stood at 0.63.

29 Mar 2023 1:17 pm
Buy Mphasis, target price Rs 2450: HDFC Securities

MphasiS Ltd. key Products/Revenue Segments include Computer Software for the year ending 31-Mar-2022.

29 Mar 2023 10:33 am
Stock market update: Nifty Pharma index advances 0.42% in an upbeat market

The Nifty Pharma index was trading 0.42 per cent up at 11923.25.

29 Mar 2023 10:30 am
Buy Persistent Systems, target price Rs 5600: HDFC Securities

Persistent Systems Ltd. key Products/Revenue Segments include Software Services and Software Licence for the year ending 31-Mar-2022.

29 Mar 2023 10:29 am