EPFO likely to announce interest rates for 2020-21 on March 4

Speculations about lower interest on provident fund deposits due to the economic downfall in the last year owing to the pandemic have been making the rounds.

The nuts and bolts of EPFO

Moneycontrol takes a deeper dive into the EPFO and its schemes, and explores what does it do and what its benefits are.

The link between low growth, high stock prices, increasing debt and trade wars

Economists have said the ‘savings glut of the rich’ lowers aggregate demand and limits the size of the market

Chart of the Day | Did households save more in 2019-20?

Net financial assets of households did increase. But that’s because the decline in household borrowings was sharper than that in bank deposits.

Modi 2.0: 10 policies that affected your savings and investments

A year into the second term, how have the Modi government’s decisions impacted your finances? Team Moneycontrol takes stock of some key decisions.

BMC invests only Rs 1cr in Axis Bank from Rs 6,300cr savings

Former Maharashtra chief minister Devendra Fadnavis' wife Amruta Fadnavis holds a senior position at the Axis Bank.

India’s gross savings slide to 15-year low in FY19: Report

Household savings, saw a decline, to 18 percent of the GDP in FY19 from 23 percent in FY12.

The fall in the savings rate is a symptom of a deeper problem

A decade ago, investment and exports powered India’s growth, while the share of consumption in GDP declined; in recent years, however, consumption has been the only growth engine and even that is now faltering

Explained | How household savings can impact GDP growth

Moneycontrol's Gaurav Choudhary explains how household savings can impact GDP growth and why policymakers should worry about its decline.

Focusing on investments as important as keeping tabs on expenses

If you wish to reach your financial goals on time, you need to monitor both aspects of your finances

Reforms Agenda | A key task for the next government will be to kick start infrastructure spending

 A construction boom will drive the creation of unskilled and low skill jobs.

Budget 2019: Will it impress homebuyers?

To continue the momentum of infrastructure creation, the Budget is expected to focus on addressing the needs of the common man, especially in terms of extending tax incentives for housing.

The Moneycontrol Show | Small savings schemes, high airfares, market strategies

Markets continue to remain volatile through the week. Rupee, crude oil prices offered a slight breather to markets and investors

Only 33% Indians save regularly for retirement: HSBC

The lack of saving is likely linked to low knowledge of how much money is needed in retirement, as well as many prioritising their immediate financial situation over planning for their older years

Airtel Payments Bank cuts interest rate to 4 percent on savings account effective Sep 1

With the 150 bps cut from next month, Airtel Payments Bank's rate will be at par with that of other banks like Paytm Payments Bank

Managing Money with Moneycontrol: Three things that first time investors in mutual funds should know

In our popular new series of "Managing Money with Moneycontrol", this time we bring you the top 3 things that first time investors should take care of.

Five ways to build a diversified mutual fund portfolio

Just investing in a mutual fund is not enough. One should allocate one’s investments in various options rather than limiting to one or a few.

Budget 2018 may raise Section 80 (C) investment limit to Rs 2 lakh a year

The move could be part of a strategy to encourage people to save more in financial instruments.

HDFC Bank cuts rates on certain savings accounts

Customers with savings bank account balance of Rs 5 million ($77,924.10) and above will continue to earn interest at 4 percent per annum, the lender said in a statement.

Plan finances for savings not for spending

The idea is to set a savings target of 15-25 percent of one’s gross annual income and deposit this money in a mental account called “My Goals”

To retire rich, here's why you must put 20-35% of portfolio in equities 

Retirement planning is done taking into consideration all the asset classes, but if you invest a sizeable amount in equities for the long term, being a crorepati will not remain a dream anymore.

FDs score big over equities, MFs for investment: Sebi Survey

How Indians are good at dreaming but bad at saving

According to a survey, most Indians don’t have any concrete financial plans towards achieving their life goals.

If you're planning to buy life insurance, should you opt for single premium cover?

Single premium policies offer lower premium rates compared to regular payment policies and also provide higher death benefits. However, tax benefit on these plans will be applicable only for the year in which you make the one-time payment.

Relief for employees: Single form soon to enrol with EPFO, ESIC

Companies will soon have to fill just a single common form to enrol themselves with retirement fund body EPFO and state insurer ESIC.