Home loan lenders usually extend such lucrative offers to loan applicants during the fourth quarter to book higher volume of home loans. But now, experts do not expect further rate cuts

 You can save up to Rs 24,000 in taxes if you avail of food coupons, a non-taxable salary component. All you need is knowing your salary structure better and accordingly plan your taxes

Even though occupancies are gradually picking up the average room rates (ARRs) continue to remain low (nearly half of the pre-COVID level), which is affecting the revenues of the industry

A significant spike in prices of key raw materials post lockdown has thrown a curveball at the revival story of India Inc

It is a new year, and the one resolution that you have to make this year, more so after an eventful 2020, is to manage your finances the best way possible.

Union Budget 2021-22 news: The proposed new DFI would certainly go a long way in helping infra projects, but will require more funding support from the market as it scales up

If an incentive-based scrappage policy is adopted in the Budget 2021, it shall boost demand for new vehicles while helping the government achieve its targets for reducing carbon emissions

The Insurance Regulatory and Development Authority of India (Irdai) had issued MISP guidelines in 2017 with the intention of streamlining the process and bringing the practices of vehicle insurance, being sold by automotive dealers under the provisions of the Insurance Act, 1938

The new regulations call for a new approach to regulatory framework. The RBI has said that large NBFCs based on balance sheet size or business model (riskier business) would be put in an upper layer which will have a new regulatory supervisory framework

The government is considering setting up a Development Finance Institution model (DFI ) to support the infra sectors that need Rs 100 lakh crore investments in the next 5 years. The Union budget 2021-22 is expected to set the road map for creating a new DFI in the country. The earlier DFIs, ICICI, IDBI and IDFC, have all converted into commercial banks to tap the retail deposits as well as retail assets like home loan, car loan, credit cards and personal loans. The banking sector supported the infrastructure sector in the last decade, but the recent mismatches in asset, liabilities and deterioration in asset quality have forced banks to withdraw from such lending. Watch as Anand Adhikari, Executive Editor, Business Today explains in detail.Also Read: Forex reserves up by $758 million to lifetime high of $586 billion

The company said that Smart Finance will offer customers a one-stop-shop solution for their vehicle finance needs

Two possible scenarios are likely to play out in the Indian mobility landscape of the country - one where normalcy returns by January 2021 and the other where normalcy is restored after June 2021

India Stock Market Highlights Today: UltraTech Cement followed by Tata Steel, ONGC, IndusInd Bank, HDFC Bank, M&M, Infosys and Reliance Industries were among the top losers in the Sensex pack. On the other hand, Maruti, Nestle India, Titan and PowerGrid were among the gainers

India Stock Market Highlights Today: During the session, Sensex hit a lifetime high of 44,601 and Nifty touched record high of 13,079

HDFC Securities top Diwali picks for making investments comprise Bharti Airtel,Infosys,Cadila Healthcare,ICICI Bank,United Spirits,Gujarat Gas among others

The credit card outstanding data released by the RBI had also indicated a cautious approach. There is a negative growth of 3 per cent in the first five months of 2020-21 with credit card outstanding at Rs 1.04 lakh crore

Thanks to the shift to work from home, a section of the home buyers market is looking  for larger homes with a renewed sense of urgency

In an extension of its festive offers announced recently, the bank is offering a credit score-based concession of up to 20 bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across India

While not a lot should be read into the September wholesale figures, it does indicate that supply side constraints on production due to the coronavirus induced lockdown in April and May that had hampered the industry in the first quarter have subsided

Dinesh Kumar Khara is taking over at a time when the overall economy is expected to shrink for the first time in the last four decades