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HDFC Bank cuts savings account interest rate by 50 bps: As rates fall, it’s time you shift to liquid funds

HDFC Bank on Thursday announced slashing interest rate on savings accounts starting this Saturday, joining a spate of banks who underwent the similar exercise in recent weeks. According to the bank, customers who maintain a savings bank account balance of Rs 50 lakh and above will continue to earn interest rate at 4 percent per annum. Similarly, customers having a ... Read More »

Residents of This State Want to Work from Home More than Anyone Else in the US

A not-so-surprising trend is gathering steam across the U.S. The trend, which is indicative of what is happening in other markets around the world, is that more and more workers want to work from home. To better understanding how this trend is taking shape in the U.S, a New York-startup called AND CO set out to identify the states that have the most ... Read More »

Finally, PayPal Allows Instant Transfers to Bank Accounts

PayPal (NASDAQ:PYPL) users in the U.S. will soon be able to instantly transfer money to their bank accounts and have the cash show up in minutes. This is in contrast to the three to five business days it currently takes the popular payment platform to process funds.  U.S. users will be able to move the money via eligible debit cards ... Read More »

Govt to initiate PSU bank consolidation process after Q1 numbers

The government in February had approved the merger of these five associate banks with SBI. Photo: Hemant Mishra/Mint New Delhi: The finance ministry is expected to initiate the process of consolidation of public sector banks (PSBs) once the first quarter results of the current fiscal have been announced, a senior official has said. There are various things including financial performance which ... Read More »

Digital Marketing and Your Small Business: 9 Books to Spark Your Upgrade

Moving into the future, businesses need expertise in an ever-increasing array of marketing tools: email marketing, social media marketing, Google Ads, blogging, growth hacking, lead generation, SEO, SEM, etc. Understanding which tools and strategies to use to achieve your business objectives can be difficult. That’s where this book list fits in. This list contains nine books that cover almost every aspect of digital marketing, ... Read More »

Celebrate and Buy at National Farmers Market Week Aug 6 to 12

It’s National Farmers Market Week this week, from August 6 to 12, 2017. Last Thursday U.S. Agriculture Secretary Sonny Perdue signed the Proclamation designating this week as “National Farmers Market Week.”  This is the 18th year the U.S. Department of Agriculture has supported National Farmers Market Week. The goal of National Farmers Market Week is to encourage families to purchase from farmers ... Read More »

Nifty likely to consolidate below 10,115; 5 stocks which can give up to 17% return

The index after a lot of struggle, successfully crossed the milestone of 10,000 mark in the week gone by. The Nifty50 made an all-time high at 10,114.85 on the expiry day, but we have seen some profit booking coming through in the last session as it closed at 10,014.50, still up by 99.25 points or 1 percent for the week. ... Read More »

Lok Sabha passes IIM Bill that seeks to give more autonomy

At present, India has 20 Indian Institutes of Management. Photo: Mint The Lok Sabha on Friday approved the Indian Institutes of Management Bill 2017 that promises to grant administrative, academic and financial autonomy to the elite B-Schools and allow them to award degrees to their graduates. The lower house passed the bill after a debate in which nearly two dozen ... Read More »

Claris sells global generic injectables business to Baxter for $625 mnClaris sells global generic injectables business to Baxter for $625 mn

AHMEDABAD, JULY 28:   City-based pharma player, Claris Lifesciences Ltd, said the company has completed the sale of its Global Generic Injectables Business to Baxter International Inc (USA) for an enterprise value of $625 million. The company will discuss with its advisors and identify the most efficient method of transferring a significant majority of the net proceeds to its shareholder. The company expects ... Read More »

How to Take Your Small Business to the Next Level

I’m going to be blunt. Growing a business is hard. Yes, I know. Captain Obvious couldn’t have said it better. But it’s true. Entrepreneurship is one of the most challenging endeavors a person can take on. While the potential rewards are great, the work is tough. However, there are several key factors that can make it easier for you to ... Read More »