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FM launches new small savings scheme for women with 7.5% return

Union Finance Minister Nirmala Sitharaman Wednesday announced a 'Mahila Samman Saving Certificate' with a fixed interest rate of 7.5 per cent for two years. Illustration: Uttam Ghosh/Rediff.com......

4 ways the Budget cheers senior citizens

Thanks to Budget 2018, seniors can invest more and also save more.Tinesh Bhasin reports.Illustration: Dominic Xavier/Rediff.com For those in the lower tax brackets (5 and 20 per cent) who don't......

The biggest grosser in Indian Post's history

The Senior Citizen Savings Scheme of post offices could well turn out to be one of the biggest grossers of all time in the history of Indian Postal department.Department of Posts launched the 9 per......

Govt to slash agents' commission in small savings plans

The government has decided to reduce agents' commission under various small savings schemes and Public Provident Fund to make these investor-centric, Finance Minister P Chidambaram on Thursday......

How to earn more in the golden years

Depending on your liquidity requirement, invest in the right debt instruments. When interest rates start falling, senior citizens are impacted the most. They are unable to take riskier bets such......

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