Wednesday, 30 June 2021

Income Tax to SBI ATM Rules, Axis Bank Charges: 5 Important Changes from Today

From SBI Withdrawal and cheque book charges to increase in TDS rates, here are 5 important changes coming into effect from July 1

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Petrol, Diesel Prices at All-Time High in India. Know Fuel Rates in Your City

Petrol and diesel prices stagnate at an all-time high across India, while on the other end, the price of crude oil continues to climb higher

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PPF, Sukanya Samriddhi, NSC Interest Rates Remain Unchanged for Next Quarter

PPF, Senior Citizen Scheme, Sukanya Samriddhi Scheme: Interest rates on small savings schemes are reviewed every quarter

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Govt Issues Ordinance Prohibiting Strikes by Those Engaged in Essential Defence Services

It said anyone instigating or inciting others to take part in a strike shall also be punishable with jail up to two years and/or fines.

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Govt Cuts Import Duty on Refined Palm Oil to 10% Till December

According to a notification of the Directorate General of Foreign Trade (DGFT), "import policy" of refined bleached deodorised palm oil, and refined bleached deodorised palmolein "is amended from restricted to free with immediate effect and for a period up to December 31, 2021".

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Foreign Exchange Reserves Up $ 99.2 Bn in FY 2020-21: RBI Data

The valuation gain amounted to $ 11.9 billion during 2020-21, compared to $ 5.4 billion during 2019-20, RBI said.

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Centre's Fiscal Deficit at Rs 1.23 Lakh Crore, 8.2% of FY22 Target in May

The fiscal deficit at the end of May 2020 was 58.6 per cent of the Budget Estimates (BE) of 202021.

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Today Is Last Date To Get Rs 4000 Under PM Kisan Samman Scheme, Know How To Register

The instalment for the April-July quarter will be credited to the farmer’s account in July

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India Reports Current Account Surplus of 0.9% in Pandemic-affected FY21

The country's current account deficit widened to USD 8.1 billion or 1 per cent of GDP for the March quarter, as against a surplus of USD 0.6 billion or 0.1 per cent of the GDP in the year-ago period and a deficit of 0.3 per cent in the preceding December quarter, as per the central bank data.

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Cabinet Approves Rs 6.29-lakh Crore Covid-19 Relief Package Announced by FM

This was informed by Information and Broadcasting Minister Prakash Javadekar after the Cabinet meeting.

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EXPLAINED: How BharatNet Will Bring 2.5 Lakh Villages On To The Digital Expressway

The finance minister has announced additional funds for the project that is a key part of PM Modi's efforts to digitally transform rural India

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Bitcoin to Drop to $25,000? How UK, China Regulations Crash Crypto Market Recently

Bitcoin and Cryptocurrency across the world is facing severe crackdowns as governments' concerns over regulations rises; Bitcoin to reach a record low, predicted

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Union Cabinet Approves Rs 3.03-lakh Crore Scheme for Power Discoms

Govt Approves Rs 3.03-lakh Crore Scheme that has been in the works for five years for Power Discoms in an effort to help bolster their infrastructure.

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Undercounting of Covid-19: SBI Economists Say Shortfall in Reporting Deaths Not a New Phenomenon

One of the prime reasons for the underreporting is because many of the demises happen without any medical attention and hence, ramping up the health infrastructure is the key to manage the jigsaw, they said.

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Amul to Hike Milk Prices by Rs 2 Per Litre in These States from July 1, Check Details

The increase of Rs 2 per litre translates into 4 per cent hike in MRP (Maximum Retail Price) which is much lower than average food inflation, GCMMF said in a statement on Wednesday.

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Gold Price Today At Two-Month Low, Remains Below Rs 47,000. Should You Buy or Sell?

Gold Price Today: In the international market, gold prices edged down on Wednesday, on track for their biggest monthly decline since November 2016

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Cipla, Tata Coffee, Reliance Industries: Top Stocks for Investors on June 30

The Nifty futures were trading 43.50 points or 0.28 percent higher at the 15,831.00 level on the Singaporean Exchange at 7:10 am.

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EPF-Aadhaar Linking Mandatory for PF Withdrawals, Benefits: How to Do it Online

EPF-Aadhaar verification: The linking of PAN and Aadhar Card is a basic Know Your Customer (KYC) requirement of all banks, PPF accounts and EPF accounts, said expert

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COVID-19 Vaccine Scams: Five Ways to Protect Yourself from the New Virus

COVID-19 Vaccine Scams and false Co-WIN portals and fake apps are on the rise and here are the scams you need to watch out for going forward

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Thrasio of India: Bengaluru Startup Raises $40 million Seed Funding. How Thrasio Model Works

Bengaluru-based start-up 10Club raises $40 Million in Seed Funds due to Thrasio-model, Learn more about the business model that paved the way to its success

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How To Earn In Lakhs From An Old Note Of 786 Serial Number

The eBay website provides a platform for people having unique and old notes to sell it online and earn money.

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Tuesday, 29 June 2021

SBI ATM Withdrawal, Chequebook Charges Change from July: 4 Free Transactions, New Rules

SBI introduces changes from ATM withdrawal charges to cheque book usage charges to much more; know about the impact and details of the new rules

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Janet Yellen Dials Nirmala Sitharaman to Talk About US-India Partnership in G20

US treasury secretary Janet Yellen stressed the importance of partnership with India in the G20 and Organisation for Economic Co-operation and Development

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Petrol Price Today Over Rs 100 a litre in 11 States. Know Latest Fuel Rates

Petrol and diesel prices remain unchanged today: 11 states have crossed the Rs 100 mark to date. Know more.

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Nirav Modi Renews UK Extradition Appeal, to be Heard on July 21

Meanwhile, Modi remains in prison since his arrest over two years ago on March 19, 2019 and his repeated attempts at bail were rejected as he is deemed a flight risk.

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Niti Aayog CEO Amitabh Kant Gets Another Extension, Till June 2022

His term was further extended for two years, till this month end, in June 2019.

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DoT Starts Online Portal for Spectrum Allocation for Trials to Telcos

The Wireless Planning and Coordination wing has made the provision of online approval of licence for trials on Saral Sanchar Portal where companies can submit their application.

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SBI ATM Charges to Income Tax Return Rules— 5 Changes Effective from July

From TDS at higher rate to LPG price revision, here are five key changes that will come into effect from July 1. Know details.

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LPG Cylinder Booking on Paytm: Book, Track and Pay Later for Gas Cylinders. How to Do it

Fintech giant Paytm has enabled LPG cylinders bookings on its app. It allows customers to book, track and pay later for gas cylinders seamlessly.

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Govt Credit Scheme for 25 lakh Small, MSME Borrowers. Interest Rate, Other Details

Small, MSME borrowers. Under this credit scheme, the interest rate will be at least 2 per cent below maximum rate prescribed by Reserve Bank of India (RBI), said FM

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Personal Loan of up to Rs 10 lakh with Easy Tenure Available in a Minute. Know Details

Ujjivan Small Finance Bank partners with Fintech enterprise LoanTap to offer personal loans up to Rs 10 lakh to customers with the touch of a button

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Aadhaar-PAN Linking: How to Check if your PAN and Aadhaar Card Are Linked Online

If PAN becomes inoperative, the income tax department will consider that the individual has not submitted PAN. Know details

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PMC Bank Scam: Fake Accounts, Undereporting of NPAs — RBI Got a Letter Eight Years Back

A whistle-blower's letter points to early warnings given to RBI about the PMC scandal eight years prior indicating fraudulent activities at the PMC Bank.

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Gold Price Today Below Rs 47,000, Falls Rs 9,000 from Record High. Should you Buy?

Gold Price Today: We expect gold prices to consolidate in the range of Rs 46,800 - 47,300 levels in the short-term, said analyst

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Facebook to Publish Interim Compliance Report as Per IT Rules on July 2, Final Report on July 15

The new IT rules – which came into force from May 26 – mandate large social media companies to publish periodic compliance reports every month.

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Monday, 28 June 2021

Petrol Price to Touch Rs 105 per Litre in Mumbai; Check Today's Petrol, Diesel Rates

Petrol, Diesel Price Today: The recent rise in fuel prices across India are attributed to the rupee-dollar exchange rate and the international crude oil price

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Godrej Consumer Products, NALCO, Ramco Systems: Top Stocks For Investors on June 29

At 7:00 am, the SGX Nifty was trading 3.50 points or 0.02 percent higher at 15,877.50, indicating a flat start for the broader index in India.

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Income Tax Due Dates: These Taxpayers Still Must Pay Double TDS if Not Filed by June

There has been no changes in certain income tax related deadlines. The Income Tax department had introduced a new Section 206AB in the Budget 2021 to deduct TDS at higher rates for certain non-filers.

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Bitcoin Price Below $35,000; Ether, Binance Coin Jump. Check Cryptocurrency Rates Today

Over the weekend, Britain's financial regulator said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity in the United Kingdom

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Covid 2nd Wave Moderated Momentum of Economic Recovery: Govt Officials to Parliamentary Panel

Members of the panel, chaired by Congress leader Anand Sharma, were informed that the economic impact of the second wave of viral infection was "asynchronous in its onset and wider in its spread, particularly in rural hinterland", a source said.

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Sebi Keeps in 'Abeyance' Processing of Go Airlines' IPO Draft Papers

In Sebi parlance, issuance of observations implies its go-ahead for the IPO.

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Govt Allocates Additional 2,12,540 Vials of Amphotericin-B to States, UTs

The doctors in India are documenting an alarming number of cases of Mucormycosis among patients with Covid-19 and those who have recently recovered.

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Petrol, Diesel Prices Remain Steady Today: Check Fuel Rates in Your City

Factors like increase in international demand, or low production rate influence the crude oil prices globally.

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Stocks to Watch Today: NTPC, Finolex Industries and Lupin

The SGX Nifty opening indicates a moderate start for the broader index in India, as the Nifty futures were trading 5.50 points or 0.03 per cent lower at the 15,865.50 level on the Singaporean Exchange at 7:10 am.

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Amid Threat of Covid 3rd Wave, Govt Announces Rs 50k cr guarantee, Rs 23,220 Cr to Ramp Up Health Infra

FM Nirmala Sitharaman announced several measures including including Rs 1.1 lakh crore loan guarantee scheme for the affected sectors, an additional Rs 1.5 lakh crore under emergency credit guarantee scheme, additional financial support for health sector among others

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ECLGS Scheme Limit Increased to Rs 4.5 lakh cr, Says FM Sitharaman. Key Details

Under ECLGS scheme, the government has disbursed Rs 2.69 lakh crore to 1.1 crore units

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FM Sitharaman's Booster Shots to Revive Economy Amid Covid-19 Wave. Key Highlights

The relief measures are aimed to help bring the economy back on its feet after the unannounced second wave of the pandemic caused rampant distress.

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FM Sitharaman Address LIVE Updates: New Credit Guarantee Scheme; No-fee Retail Loan for Tourism Sector

FM Nirmala Sitharaman Press Conference LIVE Updates: Bad Bank, updates on ECLGS scheme or measures for coronavirus-hit sectors — All eyes on FM's address today.

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FM Sitharaman to Address at 3 pm Today; Likely to Announce Economic Relief Measures

The Union government has been preparing a stimulus package for the sectors severely affected by the second wave of coronavirus pandemic, according to various media reports.

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California-Based Jeremy Kessel is Twitter's New Grievance Officer After Dharmendra Chatur Quits

The big social media companies are mandated to appoint a chief compliance officer, a Nodal Contact Person and a resident grievance officer.

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Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...