Author: Business Khabar

Best Home Loan Interest rates: The COVID-19 epidemic has caused great damage to the Indian economy. Due to this, the Reserve Bank of India has reduced the repo rate to increase the demand. After this, banks have also cut the interest rates of home loans linked to the repo rate. Some housing finance companies have also cut their rates so that they too remain competitive. In February 2019, the rate of interest of many bank MCLR linked home loans was 8.8 per cent per annum. At the same time, currently, 13 banks and 4 housing finance companies are offering home…

It has been said that if the person has the desire and strong will to reach the destination, then no power in the world can stop him from fulfilling his dream. Our story today is also about the success of one such person, who has shown this statement by meeting all the challenges. Those who have traveled from a small community of Manipur to become IAS officers Asker Ali The story is full of inspiration. Saskar, a 2016 batch IAS officer, belongs to a Manipuri community that has stood at the edge for centuries. This community, named Meetei-Pangal, constitutes only…

What is sum assured and sum insured policies: The need for insurance has increased in the era of coronavirus epidemic. In the case of insurance, you will often hear two terms ‘sum assured’ and ‘some insurance’. These two terms may sound similar, but theoretically, there is a great difference in the meaning of both. Sum Assured (Sum Insured) informs you of the benefits accrued, while Sum Insured (Sum Insured) is related to the compensation of insured loss. Every person taking insurance should be clear about the meaning of these terms so that there will be no further confusion. Sum Assured…

There is a phase of boom in cotton prices. Cotton prices on Multi Commodity Exchange (MCX) are currently at the peak of the last 24 months. American Cotton (ICE Cotton) is also at record prices since May 2019. This will also affect the common people as everyone uses cotton. With this, not only clothes are made but bedsheets, towels are also made which is used by everyone. At this time, cotton is trading close to 20 thousand on MCX. Earlier, in January last year, the prices of cotton were around this. The biggest reason for the rise in cotton is…

Farmers’ Protest: Farmers have closed some tolls today. Meaning that vehicles are passing here without paying toll. The farmers announced it only after the proposal was rejected by the government a few days ago. On the other hand, no consensus has yet been reached between the farmers and the Center regarding agricultural laws. Regarding this, Food, Railways and Consumer Affairs Minister Piyush Goyal has alleged that now this movement has gone into the hands of most leftists and Maoists who want to run their agenda instead of talking on the issue of farmers. Agriculture Minister Narendra Singh Tomar says that…

Cash Deposit Limit in SBI Savings Account: Customers can deposit unlimited cash in the Personal Savings Account of State Bank of India (SBI). This can also be done from the non-home branch of the bank. The bank has said this while replying to a customer’s query on its Twitter handle. However a condition is applicable for depositing unlimited cash from non home branch. SBI has said that if the PAN of the customer is linked / feed with his savings account, then he can deposit cash in his account from non-home branch without any limit. SBI had removed the maximum…

2.5 lakh to 1 crore will be covered. From April 1 next year, there will not be much confusion in choosing a better plan for accidental cover. The biggest reason for this is that the Insurance Regulatory and Development Authority of India (IRDAI) has directed that all general and health insurance companies will now offer a standard personal accident insurance product. This order will come into effect from 1 April 2021. A minimum coverage will inevitably be available with this standard product. The insured will be able to extend it with additional cover. However premium insurance companies will determine…

PPF VS Mutual Fund: Both Public Provident Fund (PPF) and Mutual Fund are very popular options for long term investment. Crorepati Calculator: Both Public Provident Fund (PPF) and mutual funds are very popular options for long term investing. Whether planning for own retirement, financial planning for the future of children or saving to buy a house, both these options can prove to be better. However, before deciding to invest, it must be seen where there can be much profit in future. In this, it is also important for the investor to take his risk and time horizon. At the…

Keep a minimum balance of 500 rupees till December 11 in the post office saving account. (Image- Reuters) Post Office Savings Account: If you have a savings account in the post office, then maintain a minimum balance in your account. The post office had issued a directive to maintain a minimum balance of 500 rupees by December 11, after changing the rules related to the post office savings account. This rule is also effective from today i.e. December 11. So if you have not maintained the minimum balance yet, then complete it today. If an account holder fails to…

The IMA has said that the people should be saved from the surgeon and save the originality of modern medicine. (Image- Reuters) Today, if you have taken an appointment with a doctor, then definitely make an inquiry. The reason for this is that today doctors across the country are on strike. The Indian Medical Association (IMA) announced to stop non-covid medical services across the country for 11 December. All non-emergency and non-COVID medical services will be stopped from 6 am to 6 pm today. During this time, OPD will also be closed and there will be no elective surgery.…