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Market News

Location American Market News for 24 August 2024
Sovereign Gold Bonds: RBI declares premature redemption calendar for SGBs issued between 2017-2020; check dates Sovereign Gold Bonds: According to RBI guidelines, SGB holders can request premature redemption of gold bonds after a five-year holding period from the date of the issue
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Centre approves Unified Pension Scheme for govt employees; family and minimum pension guaranteed UPS: Under the new scheme, employees would get an assured pension of 50 per cent of the average basic pay drawn over the last 12 months before superannuation for a minimum qualifying service of 25 years
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Magic of compounding: ₹1 lakh invested in this mutual fund at the launch would have grown to ₹70 lakh If someone had made an investment of ₹one lakh at the launch of ICICI Prudential Multi Asset Fund i.e., on Oct 31, 2002, the investment would have grown to a whopping ₹70 lakh, thus giving a return of 21.56 per cent.
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Many don't want the hassle or financial complications. "What would be the point?"
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Angry Young Men: Money lessons from Salim-Javed's groundbreaking cinematic journey Angry Young Men: Salim Khan and Javed Akhtar's story reveals their struggles and ultimate success in Bollywood, highlighting the importance of respect, credit, and hard work in both creative and investment endeavors.
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Bank holiday Janmashtami 2024: Are banks closed on Monday, August 26? On August 26, banks in certain Indian cities will closed due Janmashtami. Online and mobile banking services will continue.
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Bank holiday today: Are banks closed on Saturday, August 24? Bank holiday today: Banks will be closed on August 24, the fourth Saturday of the month. They are open on the first and third Saturdays of every month andclosed on the second and fourth Saturdays
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How your residential status affects income tax in India Indian residents are taxed on worldwide income, while non-residents are taxed only on India-sourced income. Residential status depends on physical presence in India, with specific criteria for different categories of ind...
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