Category: Business

Image Source : FILE Check silver rates today. Silver rate today: The prices of silver in several cities were bit down on Monday in comparision to Sunday. The silver price on Monday in Delhi stood at Rs 94500.0 per kilogram. The silver rate  on December 1 was Rs 94700.0 per kilogram, and last week’s silver price…

Image Source : X Representational picture The gross Goods and Services Tax (GST) collections rose 8.5 per cent to over Rs 1.82 lakh crore in November on higher revenues from domestic transactions. According to government data released on Sunday, the Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore, Integrated IGST…

Image Source : ANI Representative Image In a monthly assessment, the state-owned oil marketing companies have raised the prices of commercial LPG gas cylinders with immediate effect. As per the latest revision, the price of 19 kg commercial LPG gas cylinders has been increased by Rs 16.50 with effect from today. The commercial cylinders are mostly…

Image Source : PTI Gautam Adani In his first public address following recent allegations and a U.S. indictment, Gautam Adani, Chairman of the Adani Group, reiterated his company’s resilience, declaring that “every attack makes us stronger.” Speaking at the 51st Gems and Jewellery Awards on Saturday, Adani addressed the legal challenges his conglomerate is facing,…

Image Source : REUTERS Adani Group Chairman Gautam Adani. The Ministry of External Affairs (MEA) on Friday dismissed media reports suggesting that US prosecutors had issued summons for Adani Group Chairman Gautam Adani and others in connection with an alleged bribery case. In an official statement, the MEA clarified that no formal request for summons…

Image Source : PTI Mumbai-Ahmedabad Bullet Train. As part of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, the upcoming bullet train stations are being designed along the corridor with state-of-the-art features to provide a seamless and world-class travel experience. Developed to meet international standards, the stations will emphasise functionality, passenger comfort, and sustainability. The corridor will…

Image Source : PIXABAY Silver price today in Mumbai, Delhi, Chennai, Kolkata | Know latest prices in other cities on November 29. Silver price today: The price of silver has not changed today (November 29) as compared to November 28 as it finds fresh support from geopolitical tensions in Ukraine and Russia. Fluctuations in silver prices…

Image Source : PIXABAY Gold prices in India. Gold prices on November 28: Gold prices witnessed a modest increase on Thursday, offering a mixed outlook for investors and buyers. The price of 24-carat gold rose to Rs 7,769.3 per gram showing an uptick of Rs 290 compared to the previous rate. Similarly, 22-carat gold saw…

Image Source : SOCIAL MEDIA Check the silver rate today. On Thursday, the silver prices went down slightly in major cities across India as investors factor in geopolitical tensions and volatility in the US dollar. It should be noted that the fluctuations in silver prices are determined by a variety of factors such as insights…

Image Source : REUTERS/FILE The image has been used for representative purposes only. The death of a loved one not only brings emotional turmoil but also imposes the responsibility of managing their official documents and IDs, such as Aadhaar, PAN card, Voter ID, passport, and driving license. Legal heirs often face uncertainty about the proper…

Image Source : PTI Vande Bharat Metro train Here comes a piece of good news for the commuters. The most-awaited Lucknow-Kanpur Vande Bharat Metro train is all set to be launched in the next 3 months, according to reports. And it will connect 4 more cities to  Lucknow along with Kanpur. These cities will be…

Image Source : INDIA TV Banks are closed on 17 days in December 2024 Banks in different states in India will observe several holidays in December 2024, depending on the national and regional celebrations. The Reserve Bank of India issues a calender of these holidays so that the customers can plan their visit to the…

Image Source : FILE PHOTO Check latest rates in in Mumbai, Delhi, Chennai, Kolkata. Silver prices fell drastically on Tuesday as geopolitical tensions in West Asia eased, which didn’t help precious metals to extend the rally. The fall in the prices of the white metal can bring some relief to retail buyers after rising continuously…

Image Source : PIXABAY Check all about Delhi-Dehradun Expressway. The Delhi-Dehradun Expressway, constructed under the National Highway Authority of India (NHAI), is nearing completion and is expected to open in January 2025 for the general commuters. Once completed, this major expressway will transform the travel between Delhi and Dehradun, offering faster connectivity and boosting development…

Image Source : INDIA TV Stock markets update for November 25. Stock markets update: Equity benchmark indices jumped in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 1287.45 points to 80,404.56. Meanwhile, the Nifty was also up by 408.5 points to 24,315.75. At the start of…

Image Source : AIR INDIA EXPRESS (X) Air India Express flight. Low-cost airline Air India Express has announced an increase in flight operations from three major destinations in the northeast- Guwahati, Agartala and Imphal- as part of its winter schedule. This is part of the airlines’ expansion of winter services across the country, it said…

Image Source : REUTERS Adani Group shares Shares of eight out of ten listed Adani Group companies witnessed a sharp decline during Friday’s morning trade following charges against billionaire Gautam Adani by US prosecutors. He has been charged with being involved in a scheme to pay a USD 265 million (approximately Rs 2,200 crore) bribe…

Image Source : FILE Gautam Adani Gautam Adani, once among the world’s richest individuals, saw his wealth take a dramatic hit on Thursday, losing a staggering $12 billion in a single day. The sharp decline comes after U.S. prosecutors unveiled bribery and securities fraud charges against Adani, his nephew Sagar Adani, and other top executives…

Image Source : PTI Binny Bansal New Delhi: Flipkart’s co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday. PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee. In this role, Sabharwal will be instrumental in upholding the integrity…

Image Source : FILE PHOTO REPRESENTATIONAL PICTURE The Indian stock market rose sharply after a long period of lull, with the Sensex and Nifty closing at record highs on Friday. The stock market opened in the green on Friday, with the BSE Sensex gaining 193.95 points to 77,349.74 points and the Nifty 50 up 61.90…

Image Source : INDIA TV Bihar Business Connect Bihar Business Connect 2024: The Bihar Business Connect (BBC) 2024, a mega event aimed at attracting investments in sectors such as textiles, food processing, and electric vehicles (EVs), will take place in Patna on December 19-20. The event seeks to boost employment opportunities and promote business in the…

Image Source : PEXELS REPRESENTATIONAL PICTURE Gold prices rose today, with 24-carat gold at Rs 7780.3 per gram, up by Rs 550. Similarly, 22-karat gold is currently priced at Rs 7133.3 per gram, up by Rs 500. Silver prices also increased, to Rs 500 per kg up by Rs 500. On the Multi Commodity Exchange…

Image Source : INDIA TV 8th Pay Commission The Unified Pension Scheme (UPS), a guaranteed lifetime pension scheme for central government employees, will commence on April 1, 2025. The scheme offers a fixed pension of up to 50% of the monthly salary drawn in the last 12 months of service. Employees will have the option…

Image Source : X Representational picture Employees’ Provident Fund Organisation (EPFO) on Wednesday released a statement asserting that the retirement fund body logged 9.33 per cent growth in net member additions in September at 18.81 lakh compared to the year-ago month.  The payroll data showed that EPFO enrolled around 9.47 lakh new members in September…

Image Source : INDIA TV Stock market news. Stock markets news: There is some uncertainty among market investors and followers regarding whether the Indian stock market will be open on Friday, September 6, due to the Assembly election in Maharashtra. As voters in the state head to the polls to elect representatives for all 288…

Image Source : FILE Zomato Zomato, an Indian food delivery major reportedly expects its key meal delivery business to grow at an annual rate of 30 per cent over the next 5 years, a top executive stated, hailing the listing of SoftBank-backed peer Swiggy as a boost for the sector. Zomato has been delivering everything- from…

Image Source : SOCIAL MEDIA Pradhan Mantri Jan Dhan Yojana The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a national financial inclusion initiative launched by the Government of India to ensure that every citizen has access to basic banking facilities. It offers individuals an easy way to open bank accounts with minimal documentation and provides…

Image Source : FILE PHOTO Check fixed deposits for senior citizens. Fixed Deposits (FDs) have always been a trusted investment option for senior citizens as these FDs offer good returns with high security. With these FDs, senior citizens seek financial stability and regular income. Senior Citizen FDs also offer higher interest rates and additional benefits,…

Image Source : FILE EPFO Head Office The money in the Provident Fund account is deposited for retirement fund and pension. However, under certain circumstances, a person can make partial and full withdrawals from the account. Before retirement, generally, the entire EPF amount can be withdrawn only if you are unemployed for two months or…

Image Source : FREEPIK.COM Representative image Demat or trading account for minors: Since there is no specific age restriction for opening a demat account, it can be opened in a minor’s name by their parent or legal guardian. While the account is technically in the minor’s name, it is managed and operated by the parent or…

Image Source : PTI Check all about Vande Bharat sleeper trains. Here comes a piece of good news for the train passengers. The Indian Railways is all set to launch the much-awaited Vande Bharat Sleeper trains by year 2025-26 with a promise that will give a new level of comfort and convenience for long-distance travel….

Image Source : PTI/FILE PHOTO India’s forex reserves fall to USD 675.653 billion as of November 8 According to data released by the Reserve Bank of India on Friday, India’s foreign exchange reserves fell by USD 6.477 billion to USD 675.653 billion in the week ended November 8. This is a steady decline from last…

Image Source : INDIA TV This deeply personal narrative captures KP Singh’s rise from modest beginnings to becoming a transformative force in Indian business, including his pivotal role in building DLF into a leader in real estate. Penguin Random House India has announced the release of ‘Why the Heck Not?’ on Thursday, a compelling new book…

Image Source : PTI/FILE PHOTO Devotees stand in queues to offer prayers at the Golden Temple. Guru Nanak Jayanti and Kartika Purnima will be public holidays in many places across India on Friday, November 15. Major closures include banks, schools and banks to celebrate the birth anniversary of Sikh founder Guru Nanak, as well as…

Image Source : X Hydrogen Train Latest Update Here comes a big news for the train passengers. India’s first hydrogen train is all set to be launched in December 2024 by the Indian Railways, a groundbreaking move towards environmentally friendly travel in the country. Will be operated without diesel or electricity, this hydrogen-powered train will…

Image Source : PTI Vande Bharat Express Vande Bharat Express Latest Update: Responding to high demand of passengers, the Indian Railways decided to double the coaches of Vande Bharat train on Chennai and Tirunelveli routes — from eight to 16. In this regard, the Southern Railway initiated expansion and safety checks to support the increase,…

Image Source : FILE PHOTO Patna-Dr Ambedkar Nagar (Madhya Pradesh) special (09344) will run till December 27, leaving the city every Friday at 9.30 pm. Looking at the increasing demand from passengers, the Indian Railways has extended the services of 65 special trains including a Vande Bharat Express train. The move has been taken to…

Image Source : X Noida International Airport Noida Airport: Noida International Airport, Asia’s largest airport, is set to begin its operations. The test flights will begin on November 15 at the newly constructed airport. The test flights will continue for about a month during which experts will observe the landings and take-offs of planes. Sources said on…

Image Source : FILE PHOTO Check IRCTC refund policy here. RCTC Refund Policy: In the festive seasons like Chhath Puja and Diwali, it is difficult to get confirmed tocket on trains. And many times, even the booked tickets don’t end up on the ‘confirmed’ side. However, many times, passengers also cancel tickets based on changes…

Image Source : SOCIAL MEDIA Mumbai-Nagpur Expressway The 700-km-long Mumbai-Nagpur Expressway, popularly known as the Samruddhi Mahamarg, is on track to be fully operational by the end of this year. The final 76-km stretch of the expressway – from Igatpuri in Nashik to Aamne in Thane – is likely to be completed soon, offering a…

Image Source : X UPI without bank account: Here is how to use UPI Circle for family members The ease of use of UPI has made digital payments easier across India, but many people, like children, miss out on its benefits. However, the UPI circle feature allows multiple family members to connect with a single…

Image Source : FILE PHOTO FD interest rates: Top 7 banks offering highest returns on 3-year fixed deposits Before investing in a fixed deposit (FD), comparing interest rates across savings accounts can help maximize returns. Over three years, private banks offer competitive rates, and seniors citizens generally enjoy higher interest rates. Fixed deposits (FDs) remain…

Image Source : PIXABAY Representative Image Keeping a check on deadlines is one of the most crucial work, especially when dealing with those bearing financial importance. By adhering to these deadlines, a person can avoid penal interests, and penalties, save last-minute rush, and ensure better financial management. Given that, here are some of the important…

Image Source : PIXABAY National Stock Exchange in Mumbai to remain shut on Nov 20. The National Stock Exchange (NSE) will remain shut on November 20 due to voting for assembly elections in Maharashtra. There will be no trading on that day in the capital market and Futures & Options segment, the NSE said in…

Image Source : FREEPIK Coins, paper money and globe on white statistical background India’s foreign exchange reserves fell for the fifth consecutive week, falling $2.675 billion to $682.130 billion in the week ended November 1, according to RBI data. The record reserves of $704.885 billion are slowly dwindling, likely due to RBI intervention to support…

Image Source : SHIV NADAR UNIVERSITY (FILE). Shiv Nadar, Founder and Chairman of HCL. HCL Technologies’ Shiv Nadar has trumped richest Indians in generosity yet again by being the biggest individual donor for philanthropic causes in FY24. Nadar’s share in philanthropy increased 5 per cent to Rs 2,153 crore in FY24, much higher than the…

Image Source : X/@AIESL_MRO Royal Brunei Airlines starts direct flights from Chennai to Bandar Seri Begawan Royal Brunei Airlines inaugurated direct flights from Chennai to Bandar Seri Begawan, marking an important milestone in the airline’s expansion. The service, which marks 40 years of diplomatic relations between Brunei and India, aims to enhance cultural, economic and…

Image Source : FILE PHOTO Representative Image Prices of the immovable properties are always soaring in India which makes it an investment. Accordingly, selling it generates profit which is taxed. In India, the onus to pay such a tax lies on the purchaser, which it deducts from the amount paid to the seller. Similar rules…

Image Source : FILE PHOTO Indian Railways to run more than 500 special trains. The Indian Railways on Wednesday said it will run for more than 500 special trains to handle the return rush of travellers away in their home towns, beginning November 8 with the ending of Chhath Puja. “Special trains have been announced…

Image Source : FILE Sensex surges over 1,000 points. The stock market indices surged massively on Wednesday after the early-session volatility driven by the US elections. What started as a close race between Donald Trump and Kamala Harris now became clear in favour of the former US president. Donald Trump declared victory, and his win…

Image Source : AP Representational Image Washington: Global investors were on edge as Americans headed to the polls on Tuesday, drawing to a close a dramatic US election cycle that has moved bonds, stocks and other assets in recent months and could further sway markets as results become clearer. One of the most unusual elections…

Image Source : PTI (FILE) Representative image Chhath Puja 2024: Banks in some states will remain closed for four consecutive days due to Chhath Puja and the weekend. On November 7 (Thursday), banks in Bihar, Delhi, Jharkhand, and West Bengal will be closed for the evening Arghya of Chhath Puja. The next day on November…

Image Source : SOCIAL MEDIA Tol tax collection Attention commuters. If you are driving on the highways or expressways, then the toll taxes will be collected from you by banks now. For the first time, the National Highways Authority of India (NHAI) has partnered with banks to do the toll tax collection. This move will…

Image Source : FILE Bombay Stock Exchange Limited (Now BSE Ltd.) building. Indian stock markets opened lower on Monday, with the Nifty 50 index making marginal gains and the BSE Sensex falling slightly. Experts expected volatility to pick up this week due to major global events, including the US upcoming presidential election and the expected…

Image Source : FILE PHOTO Representative image Credit cards are commonly used for shopping and booking tickets, but did you know you can also pay your insurance premiums with them? Paying your premium with a credit card is not only convenient but also offers several advantages. Here’s how you can use your credit card to…

Image Source : PTI Check EPFO latest updates here. EPFO Pension Update: Here comes a piece of good news for the pensioners. The retired employees covered under the Employee’s Pension Scheme (EPS) governed by the Employees’ Provident Fund Organisation (EPFO) are likely to receive their pension for the month of October on October 31 due…

Image Source : PIXABAY Gross GST revenue rises 9 pc in October. Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly jump of 8.9 per cent, according to data from the finance ministry released on Friday. In October 2023, the total collection was to…

Image Source : PTI (FILE) Diwali 2024: BSE, NSE conduct one-hour ‘Muhurat Trading’. Diwali Muhurat Trading: Leading stock exchanges Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) conducted a one-hour special ‘Muhurat Trading’ session on the occasion of Diwali on November 1 (Friday), marking the start of the new Samvat 2081. Sensex opened higher by…

Image Source : AP Air India cancels over 60 flights. Amid peak festive season, Tata Group-owned Air India will cancel some 60 flights on the India-US routes between November and December this year due to shortage of aircraft, airline sources told news agency PTI. The flights, which have been cancelled during the peak travel period,…

Image Source : PTI Vande Bharat sleeper train: Check features Here’s good news for train passengers – the Indian Railways is all set to launch the Vande Bharat sleeper train to transform long-distance travel in the country. The train promises comfort, speed, and cutting-edge technology for overnight journeys. It is expected to run from January…

Image Source : PIXABAY Representational Image Mumbai: As Diwali arrives, bringing with it the light of prosperity and joy, investors have a unique opportunity to harness this auspicious occasion for a fresh financial beginning. The Diwali Muhurat Trading session symbolises more than tradition; it serves as a meaningful gateway into Samvat 2081, a promising year…

Image Source : REUTERS The Bombay Stock Exchange (BSE) building is seen lit up for Diwali. Diwali ‘Muhurat Trading’: A special one-hour trading session, known as Muhurat Trading, is held in the stock market on Diwali, marking the start of the new Samvat 2081. During this session, many investors participate in buying and selling shares as…

Image Source : PTI Vande Bharat Express With the Diwali and Chhath Puja approaching, the Indian Railways launched India’s longest Vande Bharat Express from New Delhi to Patna on Wednesday. This special train will connect connect Patna, the capital of Bihar, with Delhi, providing a vital transport link for holidaymakers. The Indian Railway Ministry earlier had…

Image Source : PTI Representative image On the auspicious occasion of Dhanteras, Oil Marketing Companies (OMCs) on Tuesday (October 29) announced an increase in the Dealer Commission payable to petrol pump dealers. This will result in a decrease in petrol and diesel prices in several parts of the country. The companies will rationalise inter-state freight charges…

Image Source : INDIA TV Ayushman Bharat coverage extended to senior citizens above 70 Prime Minister Narendra Modi on Tuesday will launch health coverage for citizens above 70 years of age under the AB-PMJAY (Ayushman Bharat). The Union Cabinet approved the extended health coverage of Rs 5 lakh to the age group on September 11. …

Image Source : FILE Gold-Silver prices ahead of Dhanteras. Gold-Silver prices: In a welcome development for consumers, gold prices in Delhi witnessed a dip on Monday, just a day before Dhanteras. This drop in prices comes amid weak trends in the global markets, offering potential buyers an opportune moment to invest in the precious metal…

Image Source : FREEPIK.COM Ghaziabad-Kanpur Expressway The Ghaziabad-Kanpur Expressway, which spans over 380 km will interconnect nine Uttar Pradesh (UP) districts apart from connecting the two cities. The Ghaziabad-Kanpur Expressway is expected to provide a significant boost to the economy of Uttar Pradesh. The construction work of the expressway has already started and is expected…

Image Source : FILE PHOTO Indian Railways said that the restriction of the sale of platform ticket is effective immediately until 8th November during Diwali and Chhath Puja. Attention train passengers! The Central Railway on Sunday imposed temporary restrictions on the sale of platform tickets at select major stations including Chhatrapati Shivaji Maharaj Terminus, Dadar,…

Image Source : FILE PHOTO Representative Image In a bid to expand operating routes, IndiGo is set to launch services to five more international destinations, including two in Malaysia this fiscal year. The airline also aims to have business class in more than 40 planes across 12 metro routes by the end of 2025. Indigo,…

Image Source : X/@TRISHNEETARORA Trishneet Arora becomes one of youngest CEOs to join Hurun India Rich list Trishneet Arora, founder and CEO of TAC Security, has emerged as one of the youngest in the 2024 Hurun India Rich List, with a net worth of Rs 1,100 crore Despite dropping out, Arora made a huge impact…

Image Source : PIXABAY Stock Market crashes on Friday. The Sensex on Friday crashed nearly 445 points and Nifty fell below the cushy 24,000-mark as the Indusland Bank, Mahindra & Mahindra, L&T and ICICI Bank dragged Indian indices down on October 25, 2024. At the same, Reliance Industries, HDFC Bank, SBI and NTPC further drove…

Image Source : SHUTTERSTOCK The image has been used for representative purposes only. Pensions serve as a crucial financial support system for senior citizens in their post-retirement lives, often becoming their primary source of income. To ensure the continued receipt of monthly pensions, Indian pensioners aged between 60 and 80 are required to submit a…

Image Source : FILE PHOTO Representative image Export of non-basmati white rice: The Central government on Wednesday lifted the minimum export price (MEP) of USD 490 per tonne for non-basmati white rice exports, a decision intended to boost the commodity’s overseas shipments. This comes nearly months after, the government on September 28 withdrew a blanket…

Image Source : FREEPIK Construction site with cranes In a newly approved project by the Uttar Pradesh government, the ‘New Noida’ development near Greater Noida is expected to boost real estate and infrastructure in the National Capital Region (NCR). Over the next 15 years, a newly created city of the scheme will include industrial, residential…

Image Source : FREEPIK Gold, silver prices hit new lifetime highs on festival and wedding season demand. According to the All India Sarafa Association, rallying for the sixth straight session, gold and silver prices breached fresh record high levels in the national capital today (October 23) mainly driven by festive and wedding season demand.  Gold…

Image Source : FILE PHOTO Representative image Swiggy ‘Seal’ badge: Online food delivering firm Swiggy has introduced ‘Swiggy Seal’, a new initiative, that will help in maintaining hygiene and protecting food quality standards among restaurant partners on its platform. The initiative, currently operational in Pune, is set to be gradually expanded throughout November, eventually reaching over 650 cities…

Image Source : FILE PHOTO Representative Image UPI has transformed India’s payment systems by promoting a cashless economy. Its easy usage and linkage to bank accounts through mobile numbers and Aadhar has made this product a milestone in Indian Digital Public Infrastructure development. The UPI is gradually eliminating the need to carry cash. To make UPI…

Image Source : FILE PHOTO Centre issues guidelines for addressing grievances related to pension. In a piece of good news for the Central government pensioners, the Centre has issued guidelines to address grievances related to pension. The new guidelines, issued by the Department of Pension and Pensioners’ Welfare, Ministry of Personnel, Public Grievances & Pensions…

Image Source : FILE Diwali Bank Holiday 2024. Diwali Bank Holiday 2024: Banks across the country will remain shut on October 31 on account of Diwali 2024 celebrations as the banks observe a public holiday on this day. Notably, Diwali is one of the most important holidays in India and among Hindu population. Diwali signifies…

Image Source : VIDEO SCREENGRAB Ashwini Vaishnaw announcing govt decision of increase in MSP for 6 Rabi crops. The Central Government has notified the Minimum Support Price (MSP) for six crops in Rabi marketing season for 2025-26 today (October 16). The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, has approved the…

Image Source : FILE Festive offers on home loans In what could be termed as good news for homebuyers, they are receiving a major festive season gift from banks as several public sector banks have announced the waiver of processing fees on home loans ahead of Diwali. According to information provided on their official websites,…

Image Source : FILE Goods and Services Tax GST rejig proposed: The two ministerial panels set up by the GST Council met on Friday and discussed GST rate rationalisation and lowering tax rate on health and life insurance premiums. This was the first meeting of the 13-member GoM, under Bihar Deputy Chief Minister Samrat Choudhary,…

Image Source : SOCIAL MEDIA MUDA chairman K Marigowda quits from his post. K Marigowda, Chairman of the Mysuru Urban Development Authority (MUDA), resigned from his post on Wednesday following a controversy surrounding the irregular allotment of sites to Karnataka Chief Minister Siddaramaiah’s wife, Parvathi B M. As per the information, Marigowda submitted his resignation…

Image Source : FILE PHOTO India’s forex reserves drop by $ 10.746 bn. The RBI citing the government’s data said on Friday that India’s forex reserves dropped by $ 10.746 bn to $690.43 bn for week ending on October 11. In the previous reporting week, the reserves had dropped by USD 3.709 billion to USD 701.176…

Image Source : PTI/FILE PHOTO Bengaluru: Infosys CEO Salil Parekh speaks during a press conference. Shares of Infosys Ltd fell 4.50% on Friday morning after the company failed to meet investor expectations in its second-quarter financial report. It fell to Rs 1,880.80 on the BSE and Rs 1,880.65 on the NSE, amounting to a market…

Image Source : INDIA TV Check 7th pay commission latest update. The Centre on Wednesday approved a 3 per cent hike in Dearness Allowance (DA) for government employees and Union Minister Ashwini Vaishnaw said the DA hike was effective from July 1, 2024. Apart from this, the Dearness Relief for pensioners has also been revised…

Image Source : FILE Bombay Stock Exchange Limited (BSE) Indian stock market indices opened positive on Thursday, with the BSE Sensex up 280.04 points at 81,781.40 and the NSE Nifty up 58.2 points at 25,029.50. But the two indices, strengthened by a steady outflow of foreign funds, quickly reversed their gains. By mid-session, the Sensex…

Image Source : FILE PHOTO Representative image Credit cards have become an essential part of modern life, making it easy to shop, book tickets, hotels, and even order food with just a swipe. However, many banks charge a hefty charge every year on credit cards in the name of annual fees. If you do not…

Image Source : PTI/FILE REPRESENTATIONAL PICTURE In a festive boost ahead of Diwali, the Union Cabinet, headed by Prime Minister Narendra Modi, approved a 3 per cent hike in the Dear Allowance (DA) for central government employees and pensioners, benefiting over 10 lakh individuals. The DA will increase from 50 per cent of basic salary…

Image Source : FILE Bombay Stock Exchange building (BSE) Equity benchmark indices rose sharply in early trade on Tuesday, driven by strong buying by IT and banking stocks along with a sharp decline in Brent crude prices. The BSE Sensex rose 327.39 points to 82,300.44, while the NSE Nifty rose 84.1 points to 25,212.05. Major…

Image Source : FILE PHOTO Representational image Retail inflation in India rose to 5.49% in September 2024, a 9-month high that rose sharply to 3.65% in August. The rise, driven by rising food prices, raised doubts over whether the Reserve Bank of India would cut rates at its December Monetary Policy Committee (MPC) meeting. High…

Image Source : FILE The image has been used for representative purposes only. As the festival of Diwali is around the corner, Gold prices surged by Rs 200 to hit an all-time high of Rs 78,700 per 10 grams in the national capital on Monday, driven by consistent buying from stockists and traders, according to…

Image Source : PTI Wholesale inflation rises to 1.84% in September 2024. India’s wholesale price inflation went high to 1.84 per cent in September as food items, especially vegetables, turned costlier, as per the government data released on Monday. The wholesale price index (WPI)-based inflation was 1.31 per cent in August. It was (-)0.07 per…

Image Source : FILE PHOTO Representative image New Delhi: The Central Consumer Protection Authority (CCPA) has directed ride-hailing platform Ola to make consumer-friendly adjustments, which include providing refund options and issuing receipts for auto rides, the regulator said on Sunday. The CCPA, headed by Chief Commissioner Nidhi Khare, noted that Ola’s no-questions-asked refund policy only issued…

Image Source : REPRESENTATIONAL PIC Indigo plane Analysis by travel portal ixigo showed that average airfares on many domestic routes have dropped 20-25 per cent compared to the year-ago period in the festival season. Travel portal ixigo’s report showed that average airfare on domestic routes is on a declining trend which is a big relief…

Image Source : PTI (FILE) Adani Group Chairman Gautam Adani. Adani Group Chairman Gautam Adani has emerged as the highest wealth gainer, as per Forbes India Rich List 2024. The increase is more than the combined gain in the net worth of Reliance Industries Limited Chairman and Managing Director Mukesh Ambani and Savitri Jindal, OP…

Image Source : AP Boeing aircraft Amid a turbulent situation, Boeing has announced mass layoffs. According to a report by news agency Reuters, it will cut as many as 17,000 jobs, which accounts for 10 per cent of its global workforce. The latest announcement came as the aircraft manufacturer delayed its first delivery of its…

Image Source : PIXABAY Indian currency India’s forex reserves dropped by USD 3.709 billion to USD 701.176 billion for the week ended October 4, the RBI said on Friday (October 11). In the previous reporting week, the reserves had jumped by USD 12.588 billion to an all-time high of USD 704.885 billion. For the week…

Image Source : FILE PHOTO Noel Tata appointed as chairman of Tata Trusts, succeeding Ratan Tata Noel Tata has been appointed as the new Chairman of Tata Trusts, one of India’s most significant philanthropic organisations. The decision was made unanimously by the Trust’s board, signaling a phase of continuity and stability for the organization.  

Image Source : INDIA TV Check 7th Pay Commission latest news today. 7th Pay Commission News Today: The Central government employees and pensioners can expect a hike in their dearness allowance and dearness relief anytime soon as the Union Cabinet is likely to make the announcement in October. Some reports suggest that the DA hike…

Image Source : REUTERS/FILE PHOTO Industrialist Ratan Tata during an event. The Tata Group has a market capitalisation of over $400 billion, exceeding Pakistan’s projected GDP of $347 billion by the end of 2024. This makes the Tata Group the first Indian group to achieve such a figure. It spans companies over 100, controls industries…

Image Source : FREEPIK.COM Representative image Monthly pension: The Employees Provident Fund Organization (EPFO) offers its members a pension scheme under the Employees’ Pension Scheme (EPS). Each member can get a monthly pension of Rs 10,000. Today, we will explain how you can be eligible for a monthly pension of Rs 10,000 if your current basic salary…

Image Source : INDIA TV Dussehra Bank Holidays In October, India is set to celebrate multiple festivals including Dussehra, Durga Puja, and Diwali among others. The approaching festivals among them are Dussehra and Durga Puja. Almost all public and private institutions will remain shut during these festivals. Meanwhile, the banks will remain shut on multiple…

Image Source : FILE PHOTO Representative image MX Player-miniTV merger: E-commerce giant Amazon India on Monday said it has acquired free streaming OTT platform MX Player and has merged it with its content streaming service miniTV to launch ‘Amazon MX Player’. Amazon has not revealed the valuation of the acquisition, but the primary aim of this merger…

Image Source : ANI Representative Image Sensex climbed 156.65 points to 81,206.65 in early trade; Nifty was up 37.70 points to 24,833.45. Earlier, selling pressure continued in Indian stock markets on Tuesday, following similar trends in Asian markets. Nifty and Sensex showed mixed openings, with the Nifty 50 index recording a marginal gain of 36 points…

Image Source : PTI RBI, Maldives Monetary Authority sign currency swap pact. The Reserve Bank of India (RBI) in a statement on Monday said it has entered into a currency swap agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework 2024-27. As part of the agreement, the MMA is eligible for…

Image Source : PTI/FILE RBI Governor Shaktikanta Das The Reserve Bank of India (RBI) on Monday began its three-day monetary policy meeting which will run from October 7 to October 9. The meeting gains significance because the central bank has kept the repo rate unchanged for the last nine consecutive meetings.  The repo rate is…

Image Source : PTI (FILE) Representative image Amul to enter European market: Managing Director of Amul and Gujarat Co-operative Milk Marketing Federation Limited (GCMMF) Jayen Mehta said that the milk recently launched by Amul in the US has been ‘extremely successful’ and now it is ready to enter the European market. He said that if this happens,…

Image Source : FILE PHOTO Check PM Kisan Yojana latest update here PM Kisan Yojana: Here comes a piece of good news for the farmers. PM Modi is all set to release the 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Saturday at an event in Washim, Maharashtra. The Centre said…

Image Source : INDIA TV Car Insurance in India. Car insurance is a legal mandate under the Motor Vehicles Act of 1988 in India. Driving a vehicle without an active insurance policy is not only illegal but also financially risky. However, it has been seen that many car owners tend to overlook the renewal of their insurance…

Image Source : ISTOCK A representative image of a Swiggy delivery partner. Food and grocery delivery major Swiggy has launched its new 10-minute meal and beverage delivery service called “Bolt.” The service is already operational in key locations across six major cities like Delhi, Mumbai, Pune, Hyderabad, Chennai, and Bengaluru and it plans to expand to…

Image Source : FILE The image has been used for representative purposes only. Crisis-hit SpiceJet, which has recently raised Rs 3,000 crore, on Friday said it has cleared all pending salary and GST dues as well as deposited ten months’ dues of provident fund. On September 23, the airline announced raising Rs 3,000 crore through…

Image Source : FILE GPay collaborates with Muthoot Finance. At the 10th edition of the ‘Google for India’ event, Google announced two major initiatives on Thursday. The first one is a partnership with Muthoot Finance to offer gold-backed loans through GPay and the second one is the launch of its AI assistant, Gemini Live, in…

Image Source : FILE PHOTO Audi India said it is offering discounts on service plans, accessories, and a raft of benefits during the festival season. With the beginning of the festive season, various luxury carmakers have lined up a slew of offers — from attractive EMIs to eye-catching buyback guarantees — to woo customers to…

Image Source : FILE Bombay Stock Exchange (BSE) building The Indian stocks fell sharply in early trade on Thursday amid rising geopolitical tensions between Israel and Iran. The Sensex fell 1,264.2 points to 83,002.09 and the Nifty fell 345.3 points to 25,451.60. Investors remain cautious as concerns about global oil prices and supply disruptions have…

Image Source : INDIA TV Check 7th pay commission latest updates here. 7th Pay Commission: As the festive season has started, the Central government employees are eagerly waiting for a hike in their salary. They are eagerly waiting for the announcement of dearness allowance hike in October as a part of 7th pay commission. Right…

Image Source : FILE PHOTO Check 7th pay commission latest update here. 7th Pay Commission Latest News: Here comes a piece of good news for the government employees of Sikkim as the state hiked dearness allowance for its employees by four per cent ahead of the Durga puja festival. One official notification has been issued…

Image Source : FILE PHOTO Representative image GST collections: The gross collection of Goods and Services Tax (GST) in the month of September increased by 6.5 percent year-on-year to around Rs 1.73 lakh crore, according to government data released on Tuesday. GST revenue in September last year was Rs 1.63 lakh crore. In August 2024, the mop-up…

Image Source : SONY PICTURES ENTERTAINMENT Tony Vinciquerra; Ravi Ahuja Sony Pictures Entertainment has announced its new CEO, Ravi Ahuja. However, the Indian-origin leader will not take the chair until 2025. Currently, Tony Vinciquerra is the chairman and CEO and he will step down. He will manage the post till 2025. Subsequently, Ahuja, who was…

Image Source : FREEPIK The image has been used for representative purposes only. New guidelines related to the surrendering of insurance policies will come into effect from Tuesday (October 1). These rules were introduced by the Insurance Regulatory and Development Authority of India (IRDAI) earlier this year with an aim to offer better returns to…

Image Source : PTI Bombay Stock Exchange building Benchmark indices Sensex and Nifty declined in early trade on Monday amid foreign fund outflows and largely weak Asian markets. The decline in frontline stocks like ICICI Bank and Reliance Industries also dragged the market in the opening session. The BSE Sensex tumbled 464.22 points to 85,107.63…

Image Source : FILE Representative Image The country’s largest bank, State Bank of India (SBI) is preparing to bring a completely new and unique investment product to attract investors. This new investment product will combine the benefits of RD and SIP. SBI Chairman CS Shetty has hinted towards a new product. He has said that…

Image Source : FILE PHOTO The minimum wage is hiked. The Central government on Thursday revised the Variable Dearness Allowance (VDA) and announced an increase in minimum wage for the workers particularly in the unorganised sector. The Centre in a statement said that this adjustment is aimed at helping workers cope with the rising cost…

Image Source : FILE PHOTO During the check of the trial, Ashwini Vaishnaw praised the Kavach as the future of rail safety. Here comes a piece of good news for the safety of train passengers. The Indian Railways is all set to launch the kavach rail safety system soon for safety of all trains. In…

Image Source : FILE Bombay Stock Exchange (BSE) building. Benchmark indices Sensex and Nifty retreated from their lifetime highs on Friday due to gains recorded, especially by leading stocks like HDFC Bank and ICICI Bank. The BSE Sensex was down 264.27 points (0.31%) at 85,571.85, while the NSE Nifty was down 37.10 points (0.14%) at…

Image Source : FILE PHOTO Akriti Chopra, the Zomato co-founder, resigns with immediate effect after a 13-year stint Zomato co-founder and chief public officer Akruti Chopra has stepped down after 13 years at the helm. The company disclosed his resignation in a regulatory filing dated September 27, 2024. Chopra, one of the pioneers of the…

Image Source : PTI Stock markets update for September 27. Stock market update: Equity benchmark indices opened flat in early trade on the last trading day of the week. In the opening bell on Friday, the 30-share BSE Sensex registered a marginal gain of 26 points to 85,877. Meanwhile, the Nifty was up by 7.85 points to…

Image Source : PTI Reliance Industries Limited (RIL) Director Anant Ambani, bp CEO Murray Auchincloss and Jio-bp CEO Harish Mehta during the inauguration of the 500th Jio-bp pulse EV-charging station at Jio World Centre, in Mumbai. Reliance Industries Ltd (RIL) Director Anant Mukesh Ambani and BP CEO Murray Auchincloss on Wednesday inaugurated Jio-BP’s 500th charging…

Image Source : INDIA TV Several ELSS funds have delivered exceptional returns even over a short period of one year. Top ELSS Funds: Equity-Linked Savings Schemes (ELSS), commonly known as tax-saving mutual funds, are becoming a preferred option for investors owing to their dual benefits of tax savings and potentially higher returns. These funds primarily…

India’s growth forecast for the current fiscal has been projected at 7 per cent by the Asian Development Bank (ADB) on Wednesday which said better farm output and higher government spending will boost economic activity. In its Asian Development Outlook (ADO) update of September, the ADB said exports in the current fiscal will be higher…

Image Source : INDIA TV Stock markets news for September 25. Stock markets update: Equity benchmark indices declined in early trade on Wednesday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 77 points to 84,836.45. Meanwhile, the Nifty also declined 40.95 points to 25,899.45 points. In the…

Image Source : INDIA TV The image has been used for representative purposes only. In a nationwide crackdown on fake companies, tax officials have unearthed 10,700 fraudulent GST registrations involving tax evasion amounting to Rs 10,179 crore. Initiated to curb tax fraud, this drive targeted firms that have been set up to exploit the Goods…

Image Source : FILE PHOTO Representative image EPF withdrawal: The Employees’ Provident Fund Organization (EPFO) allows its members to withdraw money from the PF account whenever needed. The members can withdraw money for various important purposes such as buying a house, covering medical expenses or for children’s education. Recently EPFO made several changes that have simplified…

Image Source : FILE PHOTO Representative Image Sensex and Nifty, the domestic equity indices, touched their new record closing high levels on Monday, after strong foreign fund inflows and a largely firm trend in Asian markets. Rising for the third consecutive day, the 30-share BSE Sensex jumped 384.30 points, or 0.45 per cent, to settle at…

Image Source : FILE PHOTO Representative image Contactless payments on SBI debit card: There are several platforms available for online and digital payments now a days, and one of the convenient options is contactless payment through a debit card. With contactless payments, you can pay up to Rs 5,000 at any merchant without needing to…

Image Source : FREEPIK.COM Mutual Funds vs NPS Vatsalya Mutual Funds vs NPS Vatsalya: When planning for a child’s future, making informed investment decisions is crucial. The recently launched National Pension System Vatsalya (NPS Vatsalya) scheme aims to enhance children’s prospects, while mutual funds are already well-established. This raises the question of which investment option…

Image Source : PTI Union Finance Minister Nirmala Sitharaman with a child during the launch of NPS Vatsalya Scheme NPS Vatsalya scheme: The NPS Vatsalya announced by the Central government has received a positive response from the people as about 9,700 minor subscribers joined the scheme on the first day of its launch.  The scheme,…

Image Source : PTI The new Vande Bharat Express runs between Delhi and Varanasi. India’s first 20-coach Vande Bharat Express train started its commercial operations from Varanasi on September 18. This train that connects New Delhi with Varanasi was notably flagged off by Prime Minister Narendra Modi earlier this week.  With this Vande Bharat Express…

Image Source : PTI A new highway is coming up on Yamuna Expressway. Here comes a piece of good news for the commuters in Delhi and Noida as a new highway is coming up to ease traffic during rush hours. An alternative expressway is coming up from Okhla Barrage to Yamuna Expressway via the Hindon-Yamuna…

Image Source : INDIA TV Stock markets update for September 20. Stock markets update: Equity benchmark indices opened higher in early trade on Friday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 439.75 points to 83,624.55. Meanwhile, the Nifty was also up by 132.05 points to 25,547.85.  From the 30 Sensex…

Image Source : FILE PHOTO Check all about NPS Vatsalya scheme. The Central government on Wednesday launched a new scheme under the National Pension System (NPS) to financially secure the future of children. Notably, the NPS Vatsalya scheme was first announced in the Budget 2024 in July. This pension scheme will be managed under the…

Image Source : REUTERS/FILE PHOTO The Bank of England (BoE) building is reflected in a sign, in London, Britain. The Bank of England has kept its main interest rate steady at 5%, despite a significant cut by the U.S. Federal Reserve. This decision was largely expected due to inflation concerns, particularly in the services sector,…

Image Source : REUTERS/FILE PHOTO The Federal Reserve building in Washington. The US Federal Reserve has reduced its benchmark interest rate by 50 basis points, the first such move since 2020. This signals the central bank’s shift away from its restrictive stance aimed at controlling inflation. The new benchmark rate now falls within the range…

Image Source : X Representational image In a bid to give relief to Sahara Group depositors, the government raised the cap on refund amounts for small depositors of the Sahara Group Cooperative Societies to Rs 50,000, up from the previous limit of Rs 10,000.  A senior Cooperation Ministry official on Wednesday said, “With an increase…

Image Source : PTI (FILE) Union Minister for Finance and Corporate Affairs Nirmala Sitharaman. NPS Vatsalya Scheme: In pursuance of the announcement in the Union Budget 2024-25, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18 in New Delhi. School children will also join the launch programme….

Image Source : AP UK PM Keir Starmer New Delhi: India and the UK are expected to hold the next round of talks for a proposed free trade agreement in October to resolve the pending issues and close the negotiations, a senior official said on Tuesday. Commerce Secretary Sunil Barthwal said the officials of the…

Image Source : PTI Picture for representational purpose Prime Minister Narendra Modi will launch the Subhadra Yojana on his 74th birthday on September 17. This is a scheme of the Odisha government under which Rs 10,000 will be deposited in the state account of eligible female beneficiaries aged between 21 and 60 years every year….

Image Source : INDIA TV Subhadra Yojana to be launched in Odisha on Tuesday. Subhadra Yojana Latest Update: The Odisha government is all set to launch Subhadra Yojana — its flagship women’s welfare scheme on September 17. Prime Minister Narendra Modi will inaugurate the scheme in Bhubaneswar during his visit. The scheme will be launched…

Image Source : SOCIAL MEDIA Representational Image  In a significant move to aid elderly pensioners, the postal department will now provide doorstep delivery services to assist with the submission of digital life certificates (DLCs), as announced in an official statement on Friday. This initiative is part of the upcoming DLC Campaign 3.0, which the Department…

Image Source : ANI Representative Image India’s foreign exchange reserves have been increased by $66 billion this year as it continue to rise for months, hitting several all-time highs. India’s forex kitty is currently at $ 689.235 billion. Moreover, the latest RBI data, the largest component of forex reserves, foreign currency assets (FCA) was at…

Image Source : FILE PHOTO Adani Group features in TIME’s world’s best companies 2024 list The Adani Group has been included in TIME’s prestigious “World’s Best Companies of 2024” list, created in collaboration with Statista, a global leader in industry rankings and statistics. The recognition acknowledges the group’s efforts in employee satisfaction, revenue growth, and…

Image Source : FILE PHOTO Bank holiday on Monday September 2024 brings a long weekend starting with Saturday and Sunday on the 14th and 15th. Following this, Eid-E-Milad, a public holiday, falls on Monday, September 16. Additionally, Anant Chaturdashi is observed on September 17, raising questions about whether banks will remain operational. Which states will…

Image Source : PTI A total of 10 Vande Bharat Express trains will be launched on September 10. Vande Bharat Express News Updates: In an effort to boost India’s railway network, Indian Railways is all set to flag off 10 new Vande Bharat Express trains on September 15, 2024. Notably, these new trains will be…

Image Source : PTI The government announced the removal of ME on onion exports. In a move aimed at benefiting Indian farmers and boosting the country’s onion exports, the government has eliminated the Minimum Export Price (MEP) for onions. The Directorate General of Foreign Trade (DGFT) issued a notification on Friday, announcing the immediate removal…

Image Source : PTI Vande Bharat Metro to start operations on September 16. India’s first Vande Bharat Metro train is all set to be launched by PM Modi on September 16, 2024. Ahead of its launch, the Indian Railways has released the full schedule of the first Vande Metro train. The metro service will help thousands…

Image Source : FILE PHOTO Check India’s retail inflation latest updates. India’s retail inflation has gone up marginally to 3.65 per cent in August as compared to July, the data from the All India Consumer Price Index (CPI) said on Thursday. It is significantr to note that this is the second time in nearly five…

Image Source : INDIA TV This scheme is expected to spur investment in the EV sector and associated supply chain. The Union Cabinet has approved the PM Electric-Drive (E-Drive) Scheme with a budget of Rs 10,900 crore for the next two years. This new initiative aims to accelerate the adoption of electric vehicles (EVs) across…

Image Source : FILE PHOTO 7th Pay Commission panel formed in Kerala. 7th Pay Commission: In a piece of good news for the state government employees, the Kerala government on Wednesday constituted the 7th State Finance Commission, with a two-year tenure. The 7th Pay Commission panel, chaired by former Planning Board member K N Harilal, will…

Image Source : PTI These three new trains will be launched on September 15. However, the timing of the trains will be announced by the Indian Railways soon. The Indian Railways said on Tuesday said at least three more Vande Bharat Express trains will run through Odisha from September 15. Giving more details, the East…

Image Source : FILE Bombay Stock Exchange Limited (Now BSE Ltd.). The benchmark indices, Sensex and Nifty, extended their gains for a second consecutive session on Tuesday, driven by a rally in US markets and fresh foreign fund inflows. The BSE Sensex rose 361.75 points, or 0.44%, closing at 81,921.29, buoyed by strong performances in…

Image Source : PTI Finance Minister Nirmala Sitharaman during the GST Council Meeting The GST Council on Monday set up a new Group of Ministers (GOM) on rate reduction on medical health insurance, Finance Minister Nirmala Sitharaman announced. FM Sitharaman confirmed the development during a press conference after the GST Council Metting. She said, “2 new…

Image Source : PTI Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman on Monday chaired the 54th meeting of the GST Council, at Sushma Swaraj Bhawan, in New Delhi. After the meeting, Sitharaman, along with top Finance Ministry officials, held a press conference briefing about the decisions taken in the meeting. “The 54th meeting of…

Image Source : FILE PHOTO Check 7th pay commission latest updates here. 7th Pay Commission Latest News: The Central government employees who are waiting for an announcement on a hike in dearness allowance (DA), here comes a big update for them. This time, they might have to wait a bit longer for their DA hike…

Image Source : ANI Representative Image The market opportunity for Indian defence companies is expected to witness a rise at 14 per cent CAGR (compound annual growth rate) over financial year (FY) 2024-FY 2030E (estimated), as a result of the Centre’s Aatmanirbhar (indigenisation) focus on export opportunity, Jefferis said in its sectoral report. It cited…

Image Source : INDIA TV Stock market in India. There is some uncertainty among market investors and followers regarding whether the Indian stock market will be open on Friday, September 6, due to Ganesh Chaturthi, which is observed on September 6 and 7 this year. Despite the celebrations, the Indian equity benchmarks will remain open…

Image Source : X Air India plane The Tata Sons annual report for 2023-24 showed that Air India shaved off its losses by 60 per cent to Rs 4,444. 10 crore in FY24 over the previous year. Tata Group-owned airline had reported a loss of Rs 11,387.96 crore in FY23. The annual report stated that…

Image Source : FILE Stock markets update for September 6. The equity benchmark indices opened in red for the second consecutive day amid week global cues on Friday. In the opening bell, the 30-share BSE Sensex declined 233.98 points to 81,967.18. Meanwhile, the Nifty was also down by 60 points to 25,085.10 points. Major gainers…

Image Source : FILE Bombay Stock Exchange Limited (Now BSE Ltd.) The Indian stock market saw a sharp decline as the Sensex dropped by 1,017.23 points, closing at 81,183.93, while the Nifty tumbled 292.95 points, settling at 24,852.15. This significant slump reflects broader market concerns and investor caution. Global market weakness dampens sentiment Ajit Mishra,…

Image Source : PTI The Central Board of Direct Taxes (CBDT) has launched an e-Dispute Resolution Scheme (e-DRS) to address litigation and provide relief to eligible taxpayers. Here comes a big relief for the taxpayers. The Central Board of Direct Taxes (CBDT) has launched an e-Dispute Resolution Scheme (e-DRS) to address litigation and provide relief…

Image Source : INDIA TV Currently, India TV Speed News boasts an impressive viewership on CTV platform. India TV, a pioneer in news broadcasting, proudly announces the launch of India TV Speed News, India’s first 24-hour fast news channel in the HD segment, designed specifically for the linear audience. This groundbreaking initiative aims to address…

Image Source : RIL Anant Ambani’s Vantara offers aid to Namibia amid wildlife crisis Anant Ambani’s Vantara, a leading animal welfare organisation, has extended its support to Namibia, offering to assist in rescuing animals facing the threat of culling due to severe drought conditions. Vantara, through its extensive network of rescue and rehabilitation centres, is…

Image Source : SOCIAL MEDIA check new PPF guidelines from October 1, 2024. The Department of Economic Affairs under the Ministry of Finance has issued new guidelines for Public Provident Fund accounts formed in the name of minors, multiple PPF accounts, and the extension of PPF accounts by NRIs under National Small Savings (NSS) schemes…

Image Source : FILE Representative Image Foreign direct investment in India spiked 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data on Tuesday (September 3). FDI inflows were at USD 10.94 billion in April-June 2023-24. The data showed that…

Image Source : FILE Bombay Stock Exchange Limited (BSE) Indian equity markets ended Tuesday’s session nearly unchanged, with both the NSE Nifty 50 and BSE Sensex closing flat at 25,279.85 and 82,555.44 points, respectively. Despite hovering close to their all-time highs, market participants were cautious ahead of key U.S. economic data that could influence a…

Image Source : PTI SEBI chairperson Madhabi Puri Buch The ICICI Bank on Monday (September 2) said that it has not paid any salary or granted ESOPs to Sebi chairperson Madhabi Puri Buch after her retirement on October 31, 2013, as alleged by the Congress. This comes after the Congress alleged that Buch, who joined…

Image Source : PTI Ashwini Vaishnaw The Central government on Monday approved the digital agriculture mission worth Rs 2,817 crore. This was announced by Union minister Ashwini Vaishnaw after a cabinet meeting. He said that it is being developed on the lines of the structure of Digital Public Infrastructure for agriculture and added that with…

Image Source : FILE Aadhaar Card users can update their address online by submitting Proof of Identity and Proof of Address documents. Aadhaar Card Update: The last date to update Aadhaar details for free will end on September 14. Earlier, the Unique Identification Authority of India (UIDAI) had extended the deadline multiple times, and it…

Image Source : X Representational image Oil marketing companies (OMCs) revised the prices of commercial LPG gas cylinders on Sunday (September 1). The rate of 19 KG commercial LPG gas cylinders was increased by Rs 39 in Delhi with effect from September 1. Delhi retail sales price of 19kg commercial LPG cylinder is Rs 1,691.50 from…

Image Source : FREEPIK India’s foreign exchange reserves jump by USD 7.023 billion to USD 681.688 billion. India’s forex reserves jumped by USD 7.023 billion to touch a new high of USD 681.688 billion in the week ended August 23, the RBI said on Friday (August 30). The overall reserves had jumped by USD 4.546…

Image Source : REUTERS Rs 81 lakh crore worth transactions processed by UPI in April-July India’s Unified Payments Interface (UPI) processed nearly ₹ 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year) and surpassing all world’s leading digital payments platforms.  According to latest data by…

Image Source : PTI (FILE) Labourers carry coal onto goods train at Ashoka Coal Mines in Peeparwar. India’s core sector, comprising industries such as coal, electricity, steel, and cement, posted a 6.1 per cent growth in July after having slowed to 4 per cent in June, according to data released by the Commerce Ministry today…

Image Source : INDIA TV Attention air passengers: Vistara to stop bookings from THIS date due to merger with Air India. Vistara will operate its last flight under its brand on November 11, 2024, as the airline’s operations will be unified with Air India starting November 12. Vistara, a joint venture between Tata Group and…

Image Source : FILE PHOTO Representative image SpiceJet financial crisis: Crisis-hit budget carrier SpiceJet on Thursday announced that it will be placing 150 cabin crew members on furlough for a period of three months. This move has been taken in response to the current low travel season and reduced fleet size, keeping in mind the long-term…

Image Source : SCREENGRAB Mukesh Ambani said Reliance looks to add 100 million home broadband customers on JioAirFiber. Reliance AGM 2024: Reliance chairman Ambani on Thursday made a big announcement and said the Reliance will be building Gigawatt-scale, AI-ready data centres in Gujarat’s Jamnagar. While addressing the gathering of 3.5 million shareholders, he said, “We…

Image Source : X/RBI RBI Governor Shaktikanta Das addressed a gathering at the Global Fintech Fest 2024. Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced that the Fintech sector has attracted approximately USD 6 billion in investments over the past two years. Speaking at the Global Fintech Fest 2024, Das emphasised the…

Image Source : SOCIAL MEDIA The train will run on the Goa and Maharashtra’s Konkan region route from Bandra Terminus station. A bi-weekly train for Goa and Maharashtra’s Konkan region from Bandra Terminus station will run by the Western Railway (WR). The inaugural journey of the train will take place on August 29 from Borivali,…

Image Source : FILE Fixed deposit Interest Rate 2024 Amid the ongoing high interest rate environment in the country, investors are capitalising on the opportunity to earn increased returns through Fixed Deposits (FDs). Traditionally favoured for their safety and reliability, FDs have remained a popular investment choice, particularly among senior citizens who benefit from additional…

Image Source : FILE Bombay Stock Exchange Limited (BSE) building. The Indian stock markets opened on a positive note with the Sensex climbing 117.63 points, reaching 81,815.74 in early trade on Friday. Meanwhile, the Nifty index also saw an uptick, rising by 27.1 points to stand at 25,037.70. Global market trends Global markets show mixed…

Image Source : PTI Housing prices have witnessed a surge in several cities across the country. In a significant trend observed in the Indian real estate market, housing prices in Bengaluru’s Bagaluru have surged by an astounding 90 per cent since 2020, marking the highest price appreciation among the major cities, as per a report…

Image Source : FILE PHOTO Representative Image State-owned engineering firm Bharat Heavy Electricals Limited (BHEL) on Monday said that it has secured an order worth over Rs 11,000 crore from Adani Power and its arm for setting up three thermal power projects. On August 25, BHEL signed a contract with Adani Power and its subsidiary Mahan…

Image Source : FILE PHOTO UPS to be given effect from April 1, 2025 UPS vs NPS vs OPS:  For a long time, government employees have been demanding either amendment to the New Pension Scheme (NPS) or the reinstatement of the Old Pension Scheme (OPS). The opposition was also using this issue to garner support. In…

Image Source : X Representational pic According to data with the depositories, Foreign Portfolio Investors (FPIs) injected Rs 11,366 crore in the debt market this month (till August 24). The foreign investors infused Rs 11,366 crore in the Indian debt market so far in August, pushing the net inflow count in the debt segment to…

Image Source : PIXABAY ‘Unified Pension Scheme’ approved by Centre | Here are key highlights of UPS Unified Pension Scheme: In a significant decision impacting lakhs of employees, the Bharatiya Janata Party (BJP)-led central government today (August 24) approved the Unified Pension Scheme (UPS) which provides for Assured Pension and Assured Family Pension. Briefing the…

Image Source : FILE PHOTO Check DA hike updates for Central government employees. 7th Pay Commission Latest News: Here comes a big update for the Central government employees who are waiting for a hike in dearness allowance (DA). Various media reports suggest that the Centre is expected to announce a second increase in Dearness Allowance…

Image Source : PIXABAY India’s foreign exchange reserves jump by USD 4.546 billion to USD 674.664 billion. Business news: India’s forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the Reserve Bank of India (RBI) said today (August 23). In the previous week, the forex kitty had…

Image Source : FILE The image has been used for representative purposes only. In a significant development, the Income Tax Department has reported that a staggering 7.28 crore income tax returns (ITR) were filed by the deadline of July 31, 2024. Notably, around 5 crore of these returns were filed by July 26, 2024, which…