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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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Executor, performer, manager vs revenue
DNMUM412754 | 4/24/2018 12:00:00 AM | Author : Rama Moondra | WC :547

Alfred P Sloan took over as president of General Motors (GM) in 1923. Ford was the dominating the sector with 60% share of the US car market against GM’s 20%. Sloan realised that GM needed a different price strategy as well as market penetration and
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Rate hike would hamper growth
DNMUM412759 | 4/24/2018 12:00:00 AM | Author : G Chokkalingam | WC :393

Last week the 10-year benchmark bond yield hit over two-year high as the minutes of the monetary policy committee (MPC) revealed the preference of a member “to vote for a beginning of the withdrawal of accommodation in the next MPC meeting in June.”
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Markets end flat amid choppy trade
DNMUM412760 | 4/24/2018 12:00:00 AM | Author : DNA Money Correspondent | WC :139

Mumbai: The benchmark indices rose to their highest level in two months on Monday, though volatility continued throughout the trading session due to negative Asian cues, Europe market opening lower and rupee weakening. Sensex closed at 34450.77 after
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How changes in new ITR forms will impact you
DNMUM412761 | 4/24/2018 12:00:00 AM | Author : Kumar Shankar Roy | WC :783

There are over 25 changes in current year Income Tax Return (ITR) forms this year. For the common person, it is important to understand the key implications of the ITR form changes so that you can easily finish the task of filings your income tax

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