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Showing posts from December, 2024

FD Rates: Senior citizens will get 8% interest on FD, check details

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  FD Rates: After retirement, regular sources of income stop, in such a situation, savings become the main means of living. Therefore, it is very important to make a proper financial plan and choose a safe investment option. Experts believe that senior citizens should focus on such investment options FD Rates:  After retirement, regular sources of income stop, in such a situation, savings become the main means of living. Therefore, it is very important to make the right financial plan and choose a safe investment option. Experts believe that senior citizens should focus on investment options that can give fixed and good returns with low risk. Fixed Deposit (FD) is one of the most reliable and safe investment options in India. It gives returns at a fixed interest rate for a fixed period. Many banks are offering interest rates of 7.5% or more to senior citizens on 5-year FD schemes. Banks offering 7.5% or more interest rates SBM Bank is offering FD options to senior citizens wit...

Rainfall Alert: IMD issued an alert of hailstorm along with torrential rain, know the latest weather update

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  UP Rains Alert: The Meteorological Department IMD has issued an alert for torrential rains with strong winds for 3 days from tomorrow. During this time lightning may also strike at some places. The Meteorological Department has advised people to stay in safe places during bad weather. UP Rains Alert:  The weather is going to change from tomorrow due to western disturbance and eastern winds. IMD has issued an alert for light to moderate rain with strong winds, hailstorm and lightning at some places. There is a possibility of stormy rain and hailstorm with strong winds in some districts of western UP on 26 December. From 27 to 29 December, there may be rain with thunderstorms in the entire state. There are 6 days left for the year 2024 to end. The mood of the weather is also going to change as December ends. On Monday and Tuesday, there was light drizzle in many districts of eastern UP. Moderate rain at some places has increased the cold. However, people breathed a sigh of rel...

Rule Change 2025: LPG cylinder, car prices and pension, these 6 big changes will happen from January 1, it will have a direct impact on the pocket

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  Rule Change 2025: The new year is bringing relief for pension holders. From January 1, 2025, the Employees’ Provident Fund Organization (EPFO) has simplified the rules for pension withdrawal. Rule Change 2025:  Less than a week is left for the new year to begin. With the new year, some new rules are also coming, which will directly affect your pocket. These include car prices, LPG cylinder prices, pension rules, Amazon Prime membership, UPI 123Pay rules and FD rules. 1. Increase in car prices Buying a car will become expensive in the new year. From January 1, 2025, major automobile companies like Maruti Suzuki, Hyundai, Mahindra, Honda, Mercedes-Benz, Audi and BMW will increase the prices of vehicles by up to 3%. The companies have attributed this to the increase in production costs. Therefore, if you are planning to buy a car, you may have to spend more. 2. LPG cylinder prices On the first of every month, oil marketing companies review LPG prices. However, the price of dome...

1:2 Stock Split By Zero-Debt Defence PSU, Record Date - Dec 27; Stock Up 100% YTD, Is It Overvalued To Buy?

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  Mazagon Dock Shipbuilders, a zero-debt defence PSU company, is a multi-bagger of 2024 with returns of more than 100% to investors year-to-date. The stock has journeyed from below Rs 2,300 levels to even cross over Rs 5,850 zones. However, currently, the stock is flirting around Rs 4,750, and it is going to be in focus this week because of its first-ever split in the ratio of 1:2. Is Mazagon Dock overvalued and should investors buy before the ex-split date? Last week, on Friday, the PSU stock witnessed a massive correction to end at Rs 4725.55 apiece, down by 6.22% on BSE. Its market cap also pulled back to Rs 95,309.62 crore. Following this downfall, the stock ended the trading week from December 16th to 20th in red with a decline of 4.14%. Investors booked profits as Mazagon Dock had risen to hit the Rs 5,150 mark. Despite last week's bearish note, Mazagon Dock continues to be a multi-bagger of 2024 so far. YTD, the stock has soared by 107% on BSE. The stock's month-on-month...

1:1 Bonus Shares: Monday, 30th December Record Date; Buy To Maximize Gains?

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  Founded as a private limited company in 1961, Banco Products (India) Ltd. is a market leader in engine cooling and sealing systems for both industrial and automotive use. Radiators, charge air coolers, oil coolers (transmission and hydraulic), fuel coolers, battery coolers, inverter coolers, expansion tanks, fan motor assembly, fan shroud and guard and various mounting and plumbing accessories are among the products offered for engine cooling systems by Banco Products (India). In 1987, the company went public on the Indian stock market. "This is further to our letters dated 13th November, 2024 and 20th December, 2024 intimating the decision of the Board of Directors and the Members of the Company, respectively, for approval to issue Bonus Shares in the ratio of 1:1 and pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2024, we wish to inform that the Company has fixed Monday, 30th December, 202...

Train Tickets Fare Discount: Senior citizens will get train tickets at half the price? may be announced in the budget

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  Budget 2025: The budget for the year 2025 is about to be presented and senior citizens have special expectations from this budget. Before the Covid-19 pandemic, Indian Railways used to give 40 to 50 percent discount on train tickets to senior citizens. Budget 2025:  The budget for the year 2025 is about to be presented and senior citizens have special expectations from this budget. Before the Kovid-19 epidemic, Indian Railways used to give 40 to 50 percent discount on train tickets to senior citizens. Men aged 60 years or above used to get 40% and women aged 58 years or above used to get 50% discount. This facility was applicable on trains like Mail, Express, Rajdhani, Shatabdi and Duronto. But this discount was discontinued during Kovid, but even after the situation in the country improved, this discount was not restored again. The benefit of 50% discount on tickets was stopped during Kovid However, this discount was stopped during the epidemic. Now that the effect of Kovid...

Special Flights Frae: There will be special flights from these cities for Maha Kumbh… only this much fare

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  Special Flights Frae: The airlines said that special flights have been started from Delhi, Mumbai, Bengaluru and Ahmedabad to Prayagraj. Daily special flights will operate from all these cities, which will go directly to Prayagraj. Special Flights Frae:  Prayagraj is fully prepared for Mahakumbh 2025. Meanwhile, airlines have also started operating special flights for Mahakumbh. Special flights have been announced from many cities including Delhi-Mumbai for the devotees going to Mahakumbh. SpiceJet said that these flights will run from 12 January to 28 February 2025. The airlines said that special flights have been started from Delhi, Mumbai, Bengaluru and Ahmedabad to Prayagraj. Daily special flights will run from all these cities, which will go directly to Prayagraj. Currently, SpiceJet is the only airline to provide non-stop flight service between Ahmedabad and Prayagraj, which has made the facility easy for the pilgrims of Gujarat. How can you book for flight SpiceJet sa...

Visa Rules Change: Major changes in US visa and H-1B program, Indians going to America will have to take care of these things

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  US Visa Changes: Indians looking for jobs in America should also know about the changes in visa rules. America has also announced new changes regarding the most popular H-1B visa. Most Indian citizens go to America for jobs through this visa. US H-1B Visa Changes:  People going to America to study or work should be aware of the new visa rules. From January 1, 2025, many changes will be made to reduce the long wait for visa appointments at the US Embassy in India. At the same time, the US ‘Department of Homeland Security’ (DHS) is also going to make a big change in the H-1B visa program. These changes will make the visa process easier and faster for Indian tech professionals. Talking about the new rules for visa appointment, now the appointment can be rescheduled once without paying any additional fee. But if you reschedule for the second time or miss the appointment, you will need a new appointment. For this, you will again have to pay a non-refundable fee of $185 (about Rs ...

Tax-free income: You can get Rs 72,000 per month tax-free income from Public Provident Fund, know how

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  PPF Calculations: PPF investors can make unlimited deposits in a financial year. The scheme provides a fixed interest rate, and the corpus generated is also tax-free. PPF account holders can use the scheme to get tax-free regular income in their retirement phase. PPF Calculations:  Public Provident Fund (PPF) is a scheme people often use to create a retirement corpus. Investors can open a PPF account in post office or in a bank with a minimum investment of Rs 500. The scheme allows investors to make unlimited deposits in a financial year. They need to maintain the account with a minimum deposit of Rs 500 every financial year. The scheme has a maturity period of 15 years. The account holder can continue their account with or without deposits after the maturity. The corpus generated from the PPF deposit can be used to get regular tax-free income just from the interest amount. Deposits up to Rs 1.50 lakh in a financial year in PPF are also tax-free. One can also get Rs 72,000 i...

Ration Card News: Now no need for ration card, ration will be available through Mera Ration 2.0 app

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  Now the Government of India has abolished the need to show ration card. Mera Ration 2.0 app can be used to get ration, through which ration will be available without ration card. Mera Ration App:  The Government of India has made a big change in the rules for getting ration. Now there will be no need to show ration card at the ration depot. Instead, people can use the Mera Ration 2.0 app. This change will make it even easier for the needy to get ration. What is Mera Ration 2.0 app? The Government of India has launched the Mera Ration 2.0 app, which will help ration card holders to get ration even without a card. Earlier, people had to take their ration card to the depot to get ration. Now through this app, people can get ration online by entering their Aadhaar card number. How to use the app? This app can be downloaded from Google Play Store and Apple App Store. After downloading, the user has to login with OTP by entering his Aadhaar card number. Once logged in, the ration ...

PMAY 2.0: Apply for PM Awas Yojana from home, know the step by step process

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  PMAY 2.0: On August 9, 2024, the Union Cabinet approved this scheme designed to assist EWS and middle class families in urban areas. As PMAY 2.0, the government intends to build 1 crore new houses, in which every unit will get a financial subsidy of Rs 2.50 lakh. PMAY 2.0:  If you want to take advantage of the Pradhan Mantri Awas Yojana (PM Awas Yojana 2.0), then the government has launched the second phase of PM Awas Yojana for you. The second phase of Pradhan Mantri Awas Yojana (PMAY 2.0) has been launched by the Center with the aim of providing financial assistance for housing to the economically weaker section (EWS) and middle class families living in urban areas. On August 9, 2024, the Union Cabinet gave its approval to this scheme designed to assist EWS and middle class families in urban areas. As PMAY 2.0, the government intends to build 1 crore new houses, in which every unit will get a financial subsidy of Rs 2.50 lakh. The Ministry of Housing and Urban Affairs said...

Meteorological Department issues orange alert regarding severe winter, know weather update

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  Weather Update: The Meteorological Department has issued a yellow alert for cold wave in Alwar, Bharatpur, Dausa, Dholpur, Jhunjhunu, Hanumangarh, Nagaur and Sri Ganganagar today. Apart from this, an orange alert has been issued for severe cold in Churu and Sikar. Weather Update:  The outbreak of severe cold continues in Rajasthan. A drop in temperature is being seen in most parts of the state. Due to which the normal life is getting affected. People are leaving their homes late. They go back home as soon as evening falls. According to the Meteorological Department, the weather in the state remained dry on Tuesday. The highest maximum temperature in the state was recorded at 26.7 degrees Celsius in Chittorgarh, Dungarpur. Apart from this, the average amount of humidity in the air was recorded between 35 to 55 percent in most parts of the state. According to the forecast report of the Meteorological Department, on Wednesday the maximum temperature was recorded at 24.0 degrees...

Special FD of these banks will give guaranteed returns of up to 8.10%, know the last date

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  Punjab and Sindh Bank and IDBI Bank are offering special fixed deposit schemes, on which investors are being given a huge interest of 8.10 percent. Special FD:  The stock market has been witnessing instability for the last three months. Due to which investors are looking for safe investment options. At the same time, some banks are offering huge returns on fixed deposit schemes to attract investors. But this offer is for a limited time. For those investors who want to get good returns with safe investment, this can prove to be a great opportunity. Let us know about it in detail. Actually, Punjab and Sindh Bank and IDBI Bank are offering special fixed deposit schemes, on which investors are being given a huge interest of 8.10 percent. Due to the predetermined interest rate on these fixed deposit schemes, the money of the investors will be completely safe. But to take advantage of the special FD scheme of these banks, you must invest before 31 December 2024. IDBI Bank Special ...