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A Public Provident Fund (PPF) is a government-backed investment option for risk-averse investors, along with a guaranteed return. However, the investment amount has a limit in this scheme, with up to 1.5 lakh in a year. PPF also has a lock-in period of 15 years, which can be extended further to 5-year blocks. Whereas in…
Today is very important for the country. There will be a cabinet meeting under the chairmanship of the Prime Minister at 10:15 am, after which the budget will be presented in the Lok Sabha at 11 am. In this budget, relief in inflation and income tax is expected. Know what can be the big announcements…
The MV Ruby, a Maltese-registered cargo ship, has been drifting at sea for six weeks after sustaining damage shortly after departing from Russia. Ports throughout Europe have not allowed the ship to dock because of its contents and compromised state. According to the New York Times, the ship is carrying a staggering 20,000 tonnes of ammonium…