[ad_1] Among the listed companies, Indian Hotels and Lemon Tree Hotels are likely to report higher earnings given their strong balance sheets and cost-efficiency. essence According to various estimates by brokerages and research firms tracking the hospitality sector, the average occupancy rate reached 66% at the end of the June 2022 quarter. The occupancy in […]
Deepak Parekh: Increase in rates unlikely to reduce demand for homes: Parekh
[ad_1] Mumbai: property developers Housing Development Finance Corp. (Housing Development Finance Corp.)HDFC) President Deepak Parekh said in his address to shareholders, Reiterating the growth potential of India’s housing market, Parekh said, “There has been consolidation and cleansing in the Indian real estate sector. Weak players have been pushed out of the market.” “The recent new […]
FD Rates: Corporate FD rates go up, offer 175-300 bps higher than some banks
[ad_1] Mumbai: Leading finance companies Have started raising interest rates on its deposits as the Reserve Bank of India has signaled a tough monetary policy in the coming months in view of the pick-up in inflation. HDFCAnd PNB Housing Finance It has increased its deposit rates by 10-25 basis points across various tenors, but analysts […]
Overnight Funds: With interest rates firming up, overnight funds are back in demand
[ad_1] overnight fund – Considered the safest category in debt mutual Fund There is renewed interest from investors looking to revamp their portfolio. The stock market is facing adverse conditions and Rate of interest Hoping to move forward, investors are parking Pennies In overnight funds, where the returns have increased from an average of 3% […]
RBI may increase rates by 35 to 50 basis points
[ad_1] by Shanti Ekambaram In an off-cycle policy review, the Reserve Bank of India (reserve Bank of India) announced an increase of 40 basis points (bps) in the repo rate to 4.40% on May 4, 2022, in response to the sharp and sustained increase in the inflation print. The central bank had also changed its […]
Tax-saving fixed deposits for senior citizens offer interest rates up to 7.25% – Check Latest FD Rates
[ad_1] Senior citizens generally prefer to invest their money in risk free financial products offering attractive interest rates. While there are many avenues to explore, fixed deposits (FDs) are one of the preferred options for senior citizens as FDs offer guaranteed returns without any financial risk. One of the frequent concerns of senior citizens is […]
Short-term rates at three-year high
[ad_1] Ahead of the Monetary Policy Committee (MPC) meeting next week, short-term yields are rising. The yield on the Reserve Bank of India’s one-year T-bill touched 6.08% on Wednesday (reserve Bank of India) auction. This is the highest level since July 2019 and a nearly three-year high. Yields had risen on the short end of […]
Income Tax Rates (FY 2020-21)
[ad_1] The assessee can choose between the new tax regime and the old tax regime, depending on what is most appropriate from the point of view of tax planning. Income Tax Rates Under New Tax Regime Vs Old Tax Regime Income Slab (Rs) Tax Rate (Old Regime) Tax Rate (New Regime – Without Exemptions & […]