Author: Nisha Chawla

If you have transferred the money to the wrong account and the account details are invalid, your money will automatically be returned to your account. What if you mistakenly sent money to the wrong bank account? Will you get this money back? If so, what would you have to do? What are the rules related to this? These are some of the questions that must have come to your mind at one time or another. Maybe you or someone you know has made this mistake and has suffered a big loss because of it. In this article, we will tell…

New Year Rules: Apart from the withdrawal of money, now you will have to pay a charge on depositing it. New Year Rules: Apart from the withdrawal of money, now you will also have to pay a charge on depositing it. India Post Payments Bank (IPPB) account holders will now have to pay charges for depositing money apart from withdrawing money, if the transaction exceeds a limit. This new rule has become effective from today (January 1). GST and Cess will also be included in the actual fee i.e. GST and Cess will also have to be paid in addition…

The interest rate on PPF is 7.1 percent, while the interest rate on Senior Citizen Savings Scheme is 7.4 percent. The amount deposited in Sukanya Samriddhi Yojana is getting 7.6 percent interest. The government has not made any change in the interest rates of small savings schemes including PPF, Senior Citizen Savings Scheme and Sukanya Samriddhi Yojana. Currently, 7.1 percent interest is being given on PPF. From January to March 2022, the old interest rates available in small savings schemes will remain intact. The government reviews the interest rates of the Small Savings Scheme every quarter. Interest rates are reviewed…

As far as market returns are concerned, it would not be fair to expect it from the current period to the medium term. At present, the trend of the market from top-down to bottom-up will be correct. 2021 is about to end and 2022 is beginning. If we look at the last 21 months, it is reminiscent of the opening lines of Charles Dickens’ famous novel A Tale of Two Cities, in which the picture of that period has been drawn. The lines start like this – this was the best phase, this was the worst. This was the age…

Banking and auto stocks have not performed very well in the market so far, but analysts at Motilal Oswal believe that these could prove to be hidden rules in 2022. Rakesh Jhunjhunwala has two such stocks in his portfolio, which have been included in the top picks of 2022 by well-known brokerage firm Motilal Oswal. One share is Tata Motors and the other is Titan of Tata Group itself. Both the stocks have been included in the largecap idea category by Motilal Oswal. Banking stocks and auto stocks have not performed very well in the market so far, but analysts…

Hindalco can cut costs if it invests in its foundry and uses scrap. The decision to buy Hydro’s aluminum extraction business from Hindalco is part of its strategy to double-speed its downstream strategy. This plant is located in Kappam, Andhra Pradesh. This plant will serve as a complement to Silvassa’s aluminum extraction plant. With the commissioning of the Kappam and Silvassa units, Hindalco’s total aluminum extraction capacity will increase from 60 thousand tonnes per annum to one lakh nine thousand tonnes per annum. . China’s major share in global aluminum supply According to ICICI Securities, the global supply of aluminum…

According to ICICI Direct, IT can lead the rally in the stock market. Along with this, capital goods, BFSI, real estate and auto stocks can also see a rise. The stock markets of the country saw good growth this year. Nifty registered a rise of 22 per cent, while Nifty Midcap 100 and Nifty Smallcap 100 registered a rise of 43 and 53 per cent, respectively. If you look at the history of the last three decades, you will find that this boom in the market can continue even further. According to ICICI Direct, IT can lead the rally in…

Cheapest Personal Loan: If you are going to apply for a personal loan, then before that you should compare the interest rates of different lenders. Cheapest Personal Loan: Personal loans act like our best friend whenever we need money urgently or there is an emergency. Even if you do not have anything to keep on collateral, you can easily get a loan through this. This is an unsecured loan, in which no guarantee is given. This is done by looking at the ability of the customer to repay the loan according to his income. Lenders can check your income and…

There are many people who use the lump sum amount received after retirement for other needs. As a result, they either become dependent on others for money or are forced to work again. Retirement Planning: Whenever it comes to retirement planning, the first question that comes to mind is how much will be enough? Basically it depends on your current income, your lifestyle etc. After retirement, it often happens that you spend the entire amount on other things and after that you have to either depend on someone for your needs or have to work again. Think of it like…

The cost of education will also increase after the coming 15-20 years according to inflation. Therefore, the increased cost should be calculated before initiating the savings. Child Education Plan: When you start saving for your child’s education, it is important to take care of inflation during this period. The cost of education in India is increasing continuously. The continuous increase in the cost of higher education and other related costs is becoming a cause of concern for the parents. As inflation is increasing continuously, accordingly the cost of education will also increase after the coming 15-20 years. If you are…