To increase gold investment options for Indians, the cabinet had recently approved the gold monetization and gold bonds schemes announced in this year’s budget. And now, going a step further, the government of India (GOI) is planning to launch gold coins on 2nd October on the occasion of Gandhi Jayanti. By launching these coins on […]
The State Bank of India (SBI), the country’s largest bank, has rolled out a new credit card— SimplyCLICK which targets people who shop online. In its sequence of e-initiatives, after the launch of the mobile app — State Bank Buddy— the bank has now come up with this credit card to strengthen its connections with […]
Skoda Auto India launched Octavia Anniversary Edition, a limited edition of premium sedan Octavia, priced at Rs 15.75 lakh (ex-showroom Delhi) on 14 September 2015. The company’s official statement noted, “The Octavia Anniversary Edition comes with ‘smartlink connectivity’ for the first time in the Indian market”. The SmartLink function will let smartphones seamlessly connect to […]
Mahindra & Mahindra, the full-fledged SUV manufacturer, has launched the toughest car — TUV300. It is a 4-meter compact SUV with a seven-seater capacity. It is the most affordable automatic SUV with price ranging from Rs 6.50 lakh to Rs 8.50 lakh. TUV 300 comes in three variants T4, T6 and T8 and will be […]
Often people run out of funds, especially when they have an important event of life coming up for which they need money. Be it a child’s college fee, their marriage, or most unexpected – a sudden accident or illness. At such times, people turn to banks for loans. To borrow a loan, you must have […]
The cabinet has approved the gold monetisation scheme and gold bond scheme, which were announced by the finance minister in his Budget 2015-16. As India is the biggest importer of gold, the two schemes aim to curb the metal’s demand which is putting pressure on India’s current account. After the cabinet meeting, Arun Jaitley said, […]
Volkswagen has launched a new version of its premium hatchback Polo priced between Rs 5.24 lakh and Rs 8.42 lakh (ex-showroom Mumbai). In this version, you will find all the comforts associated with a Volkswagen, only further amplified by the new features introduced. “With the new Polo, we have enhanced the driving comfort for our […]
Anushree received her annual bonus of Rs 1.5 lakh. She plans to use that money to buy her own car that will cost about Rs 5 lakh . She will use the bonus amount for making the down payment while the rest will be financed through car loan. Although the car she has chosen is […]
Yes Bank, with a customer base exceeding 1 million, has yet to launch its credit card portfolio. To consolidate its presence in retail credit portfolio, the bank has decided to enter the credit card business by FY17. This is not the first time Yes Bank has announced its interest in the credit card business. In […]
India’s largest public and private sector banks — State Bank of India and ICICI Bank, respectively — have been declared Domestic Systemically Important Banks (D-SIBs). This nomenclature essentially reflects on these two banks’ importance and the role they play in the Indian economy. It also means that if either of these two banks defaults, the […]
