‘business’

The Real Slum Dog Millionaire

Patak’s is a household name in Britain today.  It is the brand name of curry pastes and spices.  Patak’s sells ready meals too, to major supermarkets in UK, Europe and North America.   In 1950, a Gujarati Brahmin, Laxmishanker G.

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IOB hiked deposit rates, Central Bank reduces rates of loan for doctors, revise deposit rates

On Monday Indian Overseas Bank (IOB) has revised its deposits interest rate. The revised rates will be effective from March 15. As per revised rates for deposits of less than Rs 1 crore for tenure of 270 days and less than one year, the rate has been fixed at 6%, while for one year to less than five years at 6.75% and five years and above at 7.25%.

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MFs dig infra for big bucks

The mutual fund industry didn’t get anything from the finance minister, but that has not stopped them from exploring how they could work out some of the other proposals in direct taxes to their advantage .

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Slowly banks are raising fixed deposit rates

In the coming months fixed deposit can again be a good investment option as the deposit rates are on their way up.

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Use FD overdraft to pay for big purchase deals

To make payment of big purchase deals go for overdraft facility rather than taking personal loan or swiping a credit card. In case of personal loan or credit card you have to pay high interest.

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