The country's Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for the financial year 2021-22 on 1 February 2021. As we await the Budget presentation, investors wonder if markets fall after the Budget like it did in 2020? Should you book profits? or is it too late to enter the market now? Will the rally continue?
For the benefit of the subscriber, PFRDA has taken a number of digital steps to mitigate delivery window for most of its operations and functions. Selective withdrawal has now been rendered digitally and paperless, which were formerly physically treated, PFRDA has now allowed NPS subscribers to fulfill their individual needs, in this era of digital transition.
In particular, savings bank accounts bear lower interest rates than those on FDs of banks or NBFCs. Compared to many private and small finance banks there are some Public sector banks that provide savings accounts at significantly cheaper interest rates. A savings account can also be used for parking the emergency funds
On Friday, shares of GAIL (India) slipped 5% to an intraday low of Rs 136.55 after the company announced that its board has approved a share buyback plan and also declared an interim dividend. The company said that its board has approved a buyback of over 6.97 crore fully-paid equity shares, representing 1.55% of the total number of fully paid-up equity shares.