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Home loan rates drop: Should you bite the bullet?

DNMUM390887 | 6/20/2017 | Author : Kumar Shankar Roy | WC :753


Buying a house on loan is a long-term commitment, and so many are seriously considering locking in loans at lower rates to reduce interest burden. Experts tell DNA Money buyers must consider the numbers fully and clearly, before they let emotions linked to ‘apna ghar’ rule the roost.
‘New’ loans cheaper : New home takers are at an advantage. Rishi Mehra, CEO of lending marketplace says, “At the start of 2016, most lenders were charging an interest rate of around 9.40%-9.85% per annu..home-loan rates now range from 8.30%-8.90% per annum across lenders in India.
The per lakh EMI has fallen to Rs 755-797 from Rs 834-867. In the ongoing rate cut marathon, one must not forget that the new rate is applicable
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Accountability must start from the top
DNMUM408317 | 2/22/2018 12:00:00 AM | Author : Arun Krishnan | WC :558

Punjab National Bank (PNB) has been in the news for all the wrong reasons. The scam involves the sanctioning of Letters of Understanding (LoUs) to Nirav Modi and his companies without accompanying credit limits or margin money being paid to the
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The myth of college dropouts
DNMUM408318 | 2/22/2018 12:00:00 AM | Author : Sanchit Khera | WC :726

With so many success stories about college dropouts in the US, Indian chief executive officers (CEOs) are making their own mark in the trend. They struggle early on, try to push through and eventually drop out of their universities.
However, the
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EPFO cut may hurt employee sentiments
DNMUM408319 | 2/22/2018 12:00:00 AM | Author : Edit | WC :230

The move by Employees Provident Fund Organisation (EPFO) to cut the interest rate on EPF to 8.55% is not entirely unexpected. But it will surely leave over six crore employees subscribed to EPFO dejected. Now the government has a task at hand o
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Quarterly GST returns filing may be extended to all cos
DNMUM408320 | 2/22/2018 12:00:00 AM | Author : Anjul Tomar | WC :347

New Delhi: The government may change the goods and services tax (GST) returns filing periodicity from monthly to quarterly to make it simpler for all businesses to file their taxes.
The requirement of filing three GST returns in a month is also l
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