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Spiralling inflation, rising interest rates, a flat stock market and falling bond prices – this has largely been the scenario in the country over the past six months or so. The Reserve Bank of India (RBI) has been in-creasing the key interest rates gradually quarter after quarter and it appears that some more hikes cannot […]

In addition to companies, there is another set of borrowers who may have to closely watch Reserve Bank of India’s actions; those of us who have taken loans. As RBI continues to raise its policy rates, banks are passing on their rising costs to customers in order to protect their own margins. Most banks excluding […]

A first look at the budget may indicate that it has done more than needed for the senior citizens. However, as you get deeper into it, the euphoria fades. DNA takes a closer look at the provisions applicable for senior citizens. Reduction in age limit to 60 years The government has reduced the age limit […]

Faced with inadequate information on the subject, the HRD ministry will, for the first time in more than 60 years, launch a massive survey on the state of higher education in the country. The task has been given to the National University of Educational Planning and Administration (NUEPA) and is likely to be completed in […]

Senior citizens are smiling all the way to their banks. While banks have traditionally offered them 0.25-0.5% higher rates on fixed deposits compared with that to ordinary investors, now some banks are offering senior citizens almost 1% more. There’s a good reason for this spoiling. Senior citizens have a bulk of their investments in fixed […]