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This flagship programme from the Department of Scientific & Industrial Research under the aegis of Ministry of Science & Technology was instituted with the goal to support individual innovators who will be able to achieve an inclusive growth agenda.

Indian Renewable Energy Department Agency Ltd. (IREDA) has initiated a refinance initiative with support from the National Clean Energy Fund (NCEF). This scheme aims at providing low cost refinancing to scheduled commercial banks and financial institutions who are in the business of financing existing biomass power & small hydro power projects.

Insurance is only for earning people - This is a common misconception amongst the general public, who feel insurance is just a replacement for the lost income. This has developed into a lack of interest in insuring female lives who are non-earning members of a family. This mindset is fast changing though.

Personal loans are a swift way to procure cash for an emergency or any other needs. They have soft terms with respect to the eligibility criteria and the income range of the borrower. They are disbursed as quick as 24 hours to place the required funds in your bank account. However, such alluring financial aids always have a catch.

HDFC Freedom Credit Card is a perfect solution for the credit requirements of first-time credit card users. Under this card, cardholders can get bonus reward points on birthday, dining, groceries and so on.

The father of our nation, Mahatma Gandhi, believed that national wealth would be created only by developing and promoting small-scale industries. True to his economic beliefs, the Micro, Small and Medium Enterprises (MSME) sector plays a huge role in offering employment to millions of people and contributing to the GDP of the nation.

India is a nation of small businesses. From small neighbourhood Kirana stores to cottage industries and other local businesses – small enterprises play a crucial role in the Indian economy. According to reports by the Ministry of Micro, Small and Medium Enterprises, small businesses contribute to 30% of the overall GDP of the nation and employ more than 100 million people.

There are millions of credit card transactions that take place every day but not every transaction goes as planned. All merchants experience the occasional sale that will end in a payment reversal.

When it comes to investments, the majority of Indians prefer risk-free products that offer steady returns, irrespective of market conditions. To meet the investment objective of conservative investors, banks offer two unique investment products – fixed deposits (FD) and recurring deposits (RD).

National highways were a sore sight with hundreds of vehicles waiting at toll plazas to pay toll charges before driving away. The entire process of drivers making payments with cash and receiving a ticket in return from toll keepers could be very slow and time-consuming most of the time..

Technology plays a crucial in the success of small enterprises, especially in the manufacturing sector. To make products that meet global and national standards, micro, small and medium enterprises have to invest in machinery and equipment.

All businesses require steady cash flow to maximise growth opportunities. One of the biggest hurdles faced by micro, small and medium enterprises (MSMEs) is that it’s difficult to get business loans from traditional lenders due to lack of collateral and other assets.

Every salaried taxpayer often wonders if the Income Tax Act allows him or her to claim a deduction for HRA and also for interest on home loan. The answer is that he or she can claim tax benefits on both home loan and HRA in the same financial year.

Different financial goals require different savings approaches. Short-term savings are ideal when you are in need of liquidity as well as interest earnings. If your financial goals have extended deadlines, a long-term savings option could work perfectly. 

Investing in a fixed deposit (FD) or a public provident fund (PPF) requires some basic know-how on an investor’s part. Often, investors get confused between FD and PPF. It could be dangerous to rely on recommendations from other investors considering every individual has his or her own financial goals.

For decades, the finances of Indian households were managed by “men,” as they were considered to be “good with money.” But, thanks to numerous social reforms, the rise in the education of the female child and the awe-inspiring achievements of women in all fields, today, the “fairer sex” has started taking over the reins of the household finances.

MSMEs (micro, small and medium enterprises) are the backbone of the domestic economy and play a crucial role in employing a large sector of the population. Despite their contribution to the nation’s growth, MSMEs have a hard time raising business capital.

As the name implies, working capital loans are used to finance the day-to-day operations of a business. Unlike long-term business loans, working capital loans are generally short-term, usually around 6 – 24 months.

A personal loan is an unsecured loan taken by individuals from a bank or a non-banking financial company (NBFC) to meet their personal needs. It is provided on the basis of key criteria such as income level, credit and employment history, repayment capacity, etc.

Financial emergencies are almost always unpredictable. These can strike anyone at any time without warning. The situation could be even worse if they strike and you don’t have sufficient personal finance to take care of the emergency. Thankfully, with the availability of short-term loans, you can manage the situation relatively quick.

Earn cash in your account every time you shop with your credit card. Sounds too good to be true, right? That's precisely how a cashback credit card works. With that said, there are certain nuances to be followed while picking up the right one that works for you. Here, in this guide, we have rounded up the key details that you should know while choosing cashback credit cards.