Liquid Plus FD: Jana Small Finance Bank launches new fixed deposit schemes at 6.75% interest rate

Liquid Plus FD: Jana Small Finance Bank launches new fixed deposit schemes at 6.75% interest rate

Jana Small Finance Bank has floated a new FD scheme — Liquid Plus Fixed Deposit — at an interest rate of 6.75% per annum for tenures ranging from 7 to 180 days. The rate is applicable to a minimum deposit of Rs 10 lakhs for retail deposits up to Rs 3 crore, and for bulk … Read more

Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, one thing investors, taxpayers, corporates, and mutual fund houses will be keen to know will be changes in the capital gains tax structure. Currently, the capital gains tax system lacks uniformity, leading to varying tax burdens for investors based on the type of … Read more

Feeling jittery over market ups & downs? Investors can look to invest here for decent gains

Feeling jittery over market ups & downs? Investors can look to invest here for decent gains

Feeling jittery over market ups & downs? Investors can look to invest here for decent gains As interest rates have peaked and with no immediate rate cuts in sight, investors can take advantage of the debt schemes by locking their investments at the prevailing high rates. For short term needs, liquid funds could be a … Read more

Where to deploy short-term money? 4 financial instruments to park funds

Where to deploy short-term money? 4 financial instruments to park funds

In order to create wealth, you need to make prudent investments to make your money work for you. Thankfully, there are multiple investment avenues where you can invest as per your financial goals, risk tolerance, and liquidity needs. While long-term investments have always drawn attention, it is equally vital to focus on short-term investments, which … Read more