Sri Lanka-based Ceylon Beverage International will co-pack cans for the Campa soft drinks portfolio in India
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Sunday, 30 April 2023
Are You Prepared? Income Tax Due Dates For May 2023 Revealed!
Income Tax Due Dates: Some of the key dates that taxpayers need to be aware of in May 2023.
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Adidas Under Fire for Allegedly Failing to Limit Financial Losses in Kanye West Ties
The allegations refer to behaviour that included antisemitic and racist comments. Adidas ended its collaboration with West last year
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Mumbai’s Home Buying Appetite Strong, April Records Decadal Best Revenue From Stamp
Mumbai Real Estate: Residential properties in the Western and Central suburbs have drawn the most interest from purchasers outside of the city.
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Commerce Ministry Asks Export Promotion Councils To Work On Targets For 2023-24
India's goods and services exports together touched an all-time high of USD 770 billion last fiscal year.
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India's Growth Story Continues: NITI Aayog Member Expects 6.5% Growth In FY24
Indian Economy: Virmani said that he does not see any impact of the US and European banking crisis on the Indian financial sector.
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Saturday, 29 April 2023
Big Week Ahead For Investors: Fed Interest Rates, Q4 Earnings, Macro Data; Here's What to Expect
Markets would remain closed on Monday on account of 'Maharashtra Day'.
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Bank Holidays May 2023: Banks In India To Shut For 12 Days; Find Out When And Why Here
Bank Holidays May 2023: The holidays come into effect under three categories.
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Petrol, Diesel Prices In India On April 30: Check Rates In Delhi, Kolkata And Other Cities
The petrol price in Delhi remained the same at Rs 96.72 per litre on April 30, while the diesel rate was Rs 89.62 a litre.
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Attention Taxpayers! Tomorrow is The Last Date For THESE Income Tax, GST Filings
Taxpayers need to file GSTR-4, TDS and Form 15G & 15H as soon as possible as their due date is tomorrow, April 30
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Attention Taxpayers! The Due Date For THESE Income Tax, GST Filings Is Tomorrow
Taxpayers need to file GSTR-4, TDS and Form 15G & 15H as soon as possible as their due date is tomorrow, April 30
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Friday, 28 April 2023
Mankind IPO Share Allotment on THIS day, How You Can Check Status; Know GMP Today
Mankind IPO: The shares are currently trading at a premium of Rs 88 in the grey market over the upper band of Rs 1,080 a share, at Rs 1,168
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Petrol, Diesel Prices Today, April 29: Check Latest Fuel Rates In Delhi, Mumbai, Chennai, Other Cities
The petrol price in Delhi remains unchanged at Rs 96.72 per litre on April 29, while the diesel rate was Rs 89.62 a litre
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7th Pay Commission: Central Govt Salaries May Increase As DA Likely To Be Hiked By 3-4% From July 1
7th Pay Commission: The Jharkhand government has increased dearness allowance for its employees to 42 per cent from 34 per cent
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Fed Admits to Failures in Oversight of Silicon Valley Bank Collapse in New Report
The report was one of two published Friday by Federal regulators highlighting recent issues with US oversight of the banking sector
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Thursday, 27 April 2023
Wipro Jumps 3% on Rs 12,000 Cr Share Buyback; Should you Buy IT Stock Despite a Muted Q4?
Wipro plans to buy up to 26,96,62,921 equity shares – being 4.91 per cent of total number of equity shares on a proportionate basis
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Stock Market Updates: Sensex Rises 80 pts, Nifty Above 17,900; Wipro Up 2%,
In the broader markets, the BSE MidCap index added 0.31 per cent, and the BSE SmallCap index advanced 0.5 per cent.
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Petrol, Diesel Prices Change In Lucknow, Noida, Other Cities; Check City-Wise Fuel Rates
On Friday, cost of 1 litre of petrol in Delhi continues to remain Rs 96.72 & for an equal quantity of diesel, customers have to pay Rs 89.62
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Nirmal Lifestyle's Dharmesh, Rajiv Jain Arrested For Duping Homebuyers
The complaint states that homebuyers made booking for flats in 2011 and paid the amount for the same, however, neither the project began nor were they given possession of any house
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US Stocks Rally Amid Strong Earnings and Signs of Dampening Economy
The S&P 500 and the Dow have set a course for their largest daily percentage gain since early January
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Wednesday, 26 April 2023
Stock Market Updates: Sensex Flat, Nifty Above 17,800; Bajaj Finance Up 2%, Voltas Dips 2%
Sensex Today: The expiry of F&O contracts for the month of April, Q4 results, and global cues will be the key triggers for the markets on Thursday.
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Mankind Pharma IPO GMP, Subscription, Review; Should You Buy on Last Day?
Mankind Pharma IPO: Today is the last day to apply for the public issue worth Rs 4,326.36 crore; Should you Buy?
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Stocks to Watch: Wipro, Infosys, HUL, Axis Bank, SBI Life, RVNL, Union Bank, and Others
Stocks to watch: Shares of firms like Wipro, Infosys, HUL, Axis Bank, SBI Life, RVNL, Union Bank, and others will be in focus on Thursday's trade.
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Amazon to Shut Down Halo Division, Lays off Some Staff
The company said it will stop supporting Halo services from July 31, and will fully refund Halo devices purchases made in the preceding 12 months.
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Oil Drops Nearly 4 Percent as Recession Fears Outweigh US Inventory Draw
Oil prices fell more than 2 percent on Tuesday as lingering economic concerns and expectations of further interest rate hikes
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Yuan Surpasses Dollar as China’s Most Used Cross-Border Currency
Cross-border payments and receipts in yuan rose to a record $549.9 billion in March from $434.5 billion a month earlier
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Gold Prices Today, April 26: Gold Marginally Down Amid Uncertainty Over US Interest Rates Hike
On the MCX, gold was down 0.11 per cent on Wednesday at Rs 60,192 per 10 grams in the June futures trade
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Tuesday, 25 April 2023
TCS To Double Staff Salaries? Know What It Plans For Existing Employees
To give a chance of doubling salary amid high attrition rates, TCS is enrolling more employees in its existing programmes across levels of experience
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Stock Market Updates: Sensex Flat, Nifty Above 17,750; RVNL Jumps 8%
Sensex Today: Indian indices opened flat on April 26 amid weak global cues
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Stocks to Watch: Cipla, Bajaj Auto, Adani Ports, Maruti Suzuki, AU SFB, and Others
Stocks to watch: Shares of firms like Cipla, Bajaj Auto, Adani Ports, Maruti Suzuki, AU SFB, and others will be in focus on Wednesday's trade.
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Is Your Bank Account Linked To Aadhaar? Find Out With This Hassle-Free Online Check
Aadhaar-Bank Link Status: You can also check your Aadhaar and bank account linking status by logging into your net banking account.
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US Stocks Fall and Treasury Yields Drop as Recession Fears Intensify
All three major indexes were deep in negative territory, with tech and tech-adjacent momentum shares dragging the Nasdaq down about 1.7 percent.
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Monday, 24 April 2023
EPFO Passbook Portal Down: Angry PF Subscribers Share Grievance On Social Media
EPF passbook is a facility that shows you your EPF account balance, month-on-month.
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Mankind Pharma IPO Opens Today: Know Price, GMP, Financials, Review; Should You Subscribe?
Mankind Pharma IPO Day 1: A bidder will be able to apply in lots and one lot of the IPO will comprise 13 shares.
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Petrol Prices See Dip in UP, Fuel Becomes Costlier in Punjab; Check City-Wise Rates
According to govt oil companies, petrol has become costlier by in Punjab, Himachal; Check how much you have to spend per litre
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Gold Prices Hold Steady as Traders Await Key US Economic Data
The U.S. dollar eased 0.5%, making the greenback-priced bullion more appealing to overseas buyers
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Gold Prices In India On April 24; Check Latest Rates In Delhi, Chennai And Other Cities
Gold prices in India are generally influenced by a variety of factors, including global economic conditions, inflation rates etc.
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Mankind Pharma IPO Opens Tomorrow: Know About Company, GMP, Financials Before Subscribing
Mankind Pharma claimed to be India's fourth-largest pharmaceutical company in terms of domestic sales and third-largest in terms of sales volume
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Sunday, 23 April 2023
Louis Vuitton's Bernard Arnault Auditions His Children, Takes Opinion To Run Luxury Empire
Earlier this year, Bernard Arnault had brushed away questions about his succession with a joke.
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Stock Market Updates: Sensex Rises 200 pts, Nifty Above 17,650; Key Points to Know
Indian indices opened higher on April 24 with Nifty around 17,700.
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Stocks to Watch: Wipro, ICICI Bank, Hindustan Zinc, Torrent Power, RIL, and Others
Stocks to watch: Shares of firms like Wipro, ICICI Bank, Hindustan Zinc, Torrent Power, RIL, and others will be in focus on Monday's trade.
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GST Evasion: Taxmen Using Data Analytics To Identify 'Missing Link' In Supply Chain
The data analysis includes comparisons of the tax payment profile of a particular sector vis a vis the erstwhile excise and service tax regime.
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Report Reveals: India's Ultra-Rich Boost Confidence In Gold To New Heights!
India and Chinese Mainland were positioned second on the list with a 6% wealth allocation in gold by the UHNWIs of the respective countries in 2022.
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Noida's Unsold Housing Stocks Fall 7% To 6,843 Units, Says Report; Check Status Of 13 Other Cities
Unsold housing stocks in Navi Mumbai fell 9 per cent to 31,735 units from 34,883 units, while in Mumbai by 8 per cent to 62,735 units from 68,310 units.
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Saturday, 22 April 2023
Home Loan Inquiries Slowing; Youth Drives Demand For Credit Card, Personal Loans
Home loan approval rates have come down marginally to 41%, while both personal loan and credit cards saw sharper corrections at 21% each.
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Beware! Fraudsters Dupe Gurugram Woman Of Rs 11 Lakh On Pretext Of WFH Job; Know Key Details
Verma was told that she would be given tasks that included subscribing to YouTube channels.
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Is Mahila Samman Savings Certificate Eligible For Tax Rebate? All You Need To know
Mahila Samman Savings Certificate scheme account can be closed prematurely in case of the death of the account holder.
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Akshaya Tritiya: Investing In Gold Today, Know Different Mediums To Buy The Yellow Metal
Akshaya Tritiya: You can buy gold in different mediums on Akha Teej.
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Form 26AS Online: How To Download Your Tax Credit Statement?
Form 26AS can be accessed online through the Income Tax Department's website by logging in to your account.
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PAN Card Limit: What To Do If You Have 2 PAN Cards? Know Penalty And Other Details
As per the rules and regulations set by the Income Tax Department, individuals are prohibited from possessing or holding more than one PAN Card.
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Do You Love Travelling? Know Why Travel Insurance Is Important
Travel Insurance not only covers your health but also provides various other travel related benefits like delay/loss of checked-in baggage etc..
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Friday, 21 April 2023
Petrol, Diesel Prices Today: Check Latest Rates On April 22 In Delhi NCR And Other Cities
Oil Marketing Companies (OMCs) change fuel retail prices every day at 6 am in accordance with the global crude movement.
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Dow Jones, S&P 500 and Nasdaq Close Slightly Higher on Benign Note
Stocks traded within a narrow range for most of the day, extending a choppy period in a week with few major economic releases
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Credit Suisse Bondholders Seek Redress for Their Wiped-Out Debt
The order by the Swiss Financial Market Supervisory Authority (FINMA) infuriated bondholders, who are typically better protected than shareholders
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TCS, Infosys, HCL Tech: All About IT Companies' Employee Count, Attrition And Hiring In Q4FY23
Indian IT companies including TCS, Infosys, and HCL Tech have reported a slowdown in hiring as well as a fall in attrition rates in the March 2023 quarter
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Thursday, 20 April 2023
7th Pay Commission: After Himachal, This State Hikes DA By 4 per cent For Govt Employees; Details Here
The DA in Haryana has been enhanced from the existing rate of 38 per cent to 42 per cent of the basic pay, with effect from January 1, 2023
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Stock Market Updates: Sensex Up 100 pts, Nifty Above 17,650; HCL Tech Rises 3%
Indian indices opened flat with positive bias on April 21 amid weak global cues.
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Wall Street Stocks Close Lower as Tesla, Regional Banks Report Lackluster Earnings
The Dow Jones Industrial Average closed 0.3 percent lower at 33,786.62, while the broad-based S&P 500 dropped 0.6 percent to 4,129.79
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Mercedes-Benz Profits Spike Due to Sales of High-End Vehicles, Vans in First Quarter
The German auto group said it recorded an operating profit of 5.5 billion euros ($6 billion) in the first quarter of 2023
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RBI Guv to Meet Board Members of PSU Banks to Address Governance, Ethics Issues on May 22
Das will address the directors, both whole time and independent, on issues related to governance, ethics, and the role of the boards in assurance functionalities of the banks, besides highlighting the supervisory expectations
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What Are The Benefits Offered By A Salary Account? Read To Know
A salary account is opened only when you are working in an organised sector.
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Wednesday, 19 April 2023
'Amazon Business' 30% Customers, 50% Sellers Are From Small Towns In India': Director Suchit Subhas | Interview
Amazon Business Director Suchit Subhas in an interview says about a third of its customers and orders come from tier 2 and tier 3 towns, and meeting customer needs will remain its focus
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Stock Market Updates: Sensex Flat, Nifty Above 17,600; ICICI Securities Down 5%
Sensex Today: Indian benchmark indices steadied themselves on Thursday as investors assessed Q4 earnings and global cues
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Stocks to Watch: HCL Tech, Tata Motors, Adani Ports, JSW Steel, Titan, and Others
Stocks to watch: Shares of firms like HCL Tech, Tata Motors, Adani Ports, JSW Steel, Titan, and others will be in focus on Thursday's trade.
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What Happens If You Fail To Choose Your Tax Regime? CBDT Notice Explains
Income Tax: The government has brought in some changes to the new tax regime to make it more attractive to taxpayers.
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Petrol Price Above Rs 100 in Hyderabad, Kolkata Today; Check Fuel Rates in Your City
In Hyderabad, the petrol was priced at 109.66 while in Uttar Pradesh's capital Lucknow, it was Rs 96.57
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Dollar Gains on Rising US Yields, British Inflation Lifts Pound
The dollar index, which tracks the currency against a basket of its peers, was up 0.206 percent as markets turn more skeptical
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Global Stocks Dip, Yields Rise on Rate Hike Expectations
U.S. stocks were off their early lows on Wall Street with the S&P 500 slightly above the unchanged mark
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Fed Reports Decline in US Lending and Loan Demand Amid SVB Collapse Fallout
The conditions in New York's financial sector "deteriorated sharply coinciding with recent stress in the banking sector," according to the Book
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Mankind Pharma IPO: GMP, Subscription Dates, Price Band, Listing; Here's All You Need To Know
The company has set the price band for its IPO at Rs 1,026-1,080 per share, valuing the company at Rs 43,264 crore based on the upper band price
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Tuesday, 18 April 2023
Stock Market Updates: Sensex Trades Flat, Nifty Below 17,650; Infosys Down 2%
Sensex Today: Indian indices opened on a flat note on April 19 on the back of mixed global cues
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US Stocks Flat after Mixed Bank Earnings
Bank of America climbed 0.6 percent after reporting higher profits thanks to a boost from higher interest rates
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Stricken Credit Suisse Brings Forward Quarterly Results Amid Market Jitters
Credit Suisse will now unveil its first quarter results on Monday and not on April 27 as initially planned
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Gold Rebounds Above $2,000 on Fed Rate Hike Pause Speculation
Spot gold was up 0.5 percent at $2,005.41 per ounce by 1:41 p.m. EDT (17:41 GMT), after hitting a two-week low of $1,981.19 in the previous session
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Do You Know How India Pays? With UPI And Cards, Indians Making Digital Payments A First Choice
By December 2022, the number of prepaid payment instruments was 16.23 billion. Out of which, 13.34 billion were wallets and 288.8 million were cards.
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Monday, 17 April 2023
Meet Dhingra Brothers: Who Bought Vijay Mallya Company And Made It Rs 56,000 Cr Business
The Dhingra Brothers are one of the richest families in India.
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Akshata Murty Losses Over Rs 500 Crore in One Day As Infosys Shares Tumble 9.4%; Details
UK Prime Minister Rishi Sunak’s wife Akshata Murty experienced a paper loss of approximately £49 million; Read details here
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Want To Make UPI Payment Without Internet? Here's What You Can Do
You can make the payment without internet connectivity under the UPI 123PAY instant payment system.
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Petrol, Diesel Fresh Prices Announced: Check Fuel Rates in Delhi, Chennai, Other Cities
This week petrol grew dearer by 23 paisa to Rs 102.86 in Chennai, while diesel was hiked by Rs 0.22 to Rs 94.46 per litre.
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Sunday, 16 April 2023
7th Pay Commission: 3% DA Hike Announced For Govt Employees In This State; Women Get 1,500 A Month
Himachal Pradesh government has hiked the DA by 3 per cent for state employees and pensioners; they will now receive a 34 per cent DA, against 31 per cent earlier
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Stock Market Updates: Sensex Tanks Over 500 pts, Nifty Below 17,700; Infosys Down 10%
Weak March quarter results by Infosys, coupled with downbeat global sentiment, put equity markets under pressure on Monday morning.
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FPIs Begin FY24 On A Positive Note; Invest Rs 8,767 Cr In Indian Equities In April
Overall, FPIs had pulled out a net sum of Rs 37,631 crore from Indian equities in 2022-23.
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Will Your Aadhaar Number Get Changed After Address Update?
The Unique Identification Authority of India is responsible for maintaining the Aadhaar database and issuing Aadhaar numbers.
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Market This Week: Inflation Data, Earnings, Global Trends To Guide Movement; What Analysts Say
Wholesale Price Index (WPI) inflation data for March would be released on Monday.
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ITR Checklist: What You Must Know Before Filing Income Tax Return This Year?
Income Tax: Ensuring that all the necessary information is accurately reported, you can file your ITR smoothly and avoid any penalties or fines.
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Saturday, 15 April 2023
HDFC Bank To Raise Rs 50,000 Cr Via Bonds
The decision in this regard was taken in the board meeting during the day, HDFC Bank said in a regulatory filing.
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From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms
EPFO has several forms that cater to the different needs of the employees.
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HDFC Bank Announces 1900% Dividend From Net Profits of FY23, Fixes Record Date
The record date for determining the eligibility of members entitled to receive dividend on equity shares is May 16, 2023
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Crypto Tax Calculator: KoinX Launches Innovative Calculator Widget
With the announcement of 30 per cent taxes on digital assets, Indian investors are curious to find ways to evaluate their taxes seamlessly and cohesively
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India's Forex Reserves Increase $6.3 Billion to $584.76 Billion
Gold reserves rose $1.45 billion to $46.696 billion during the week ended April 7; special drawing rights were up by $58 million to $18.45 billion
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Friday, 14 April 2023
Petrol And Diesel Prices For April 15: Check Fuel Rates In Your City Here
In Delhi, petrol is valued at Rs 96.65 per litre, while diesel costs Rs 89.82 per litre
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TCS Salary Hike: Top-Performing Employees Likely To Get 12-15% Increment, Rest Up To 8%, Says Report
TCS employees might also get 100 per cent variable payout for the recent quarter
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HDFC Q4 Result To Be Out Today: Net Profit Likely To See Nearly 22% Growth, NII May Jump 30%
HDFC Bank Q4 Results: The lender is likely to post strong double-digit growth, around 22 per cent, in net profit amid healthy loan growth and better business
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Housing Sector: A Real Estate Segment With Strong Signs Of Resilience, Growth
The residential sector has gained momentum and will remain largely insulated as demand continues to be high
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Thursday, 13 April 2023
PAN Aadhaar Linking: Check This Latest Update In Form Before Paying Rs 1,000 Late Fees
For the payment of late fees of Rs 1,000, now you will have to select AY 24-25 and the type of payment as Other Receipts (500)
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Rail Vikas Nigam Gains 2% on Order Win Worth Rs 64 Crore; Should you Accumulate?
RVNL shares were trading higher on Thursday after it received Letter of Award (LoA) from North Western Railway
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Indians Set Wellness, Luxury And New Cuisine High On Travel Agenda In 2023: American Express Report
98% surveyed Indians want to travel to a place they have never been before.
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Gold Prices In India Slump On April 13; Check Latest Rates In Delhi, Mumbai And Other Cities
In the southern metropolis, 10 grams of 22-carat gold was priced at Rs 56,760. The same amount of 24-carat gold was being sold at Rs 61,920.
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Wednesday, 12 April 2023
Infosys Q4 Preview: Revenue, Net Profit Growth To Be Muted Amid Weak Financial Services Demand
Infosys is set to announce its financial results for the fourth quarter ended March 2023 (Q4 FY23) on Thursday after the market hours
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Stock Market Updates: Sensex Down 100 pts, Nifty Below 17,800; IndusInd Bank Sheds 3%
Stock market live: Equity markets started on a tepid note on Thursday tracking weakness across their global peers
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Stocks to Watch: Infosys, TCS, Maruti Suzuki, Britannia, Indian Oil, RVNL, and Others
Stocks to watch: Shares of firms like Infosys, TCS, Maruti Suzuki, Britannia, Indian Oil, RVNL, and others will be in focus on Thursday's trade.
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Tuesday, 11 April 2023
TCS Q4 Preview: Net Profit Growth Likely At 16% YoY, Revenue May Rise 17%
TCS is expected to lead Tier 1 IT pack on growth, led by cost take-outs, wallet share/vendor consolidation gains and strong spending on cloud and digital programs
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Stock Market Updates: Sensex Flat Ahead of CPI, IIP Data; Nifty holds 17,700; Key Points
Sensex Today: Broader indices, which include Nifty Midcap 100 and Nifty Smallcap 100 indices, however, outperformed benchmark indices
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Indian Economy Today is Open and Transparent: FM Sitharaman Tells American Business Community
Sitharaman made these remarks while addressing a luncheon meeting of the US-India Strategic and Partnership Forum
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Sitharaman Meets Treasury Secretary Yellen in Washington; Discusses Strengthening India-US Economic Ties
Sitharaman, who is leading a high-powered delegation, met Yellen on the sidelines of the World Bank and IMF Spring Meetings 2023
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Fuel Prices Over Rs 100 In Major Indian Cities; Check Latest Rates On April 11
Fuel prices are also impacted by freight charges, value-added tax (VAT), local taxes and other charges, which lead to the rate varying from city to city.
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PSU Bank Index Rallies 3% Ahead of Q4 Earnings; Should you Invest in PSU Banking Stocks?
Ahead of Q4 results, analysts have selected a few PSU Bank stocks which have the strength to deliver good returns
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Monday, 10 April 2023
Investor Alert! What Is 'Dabba' Trading And Why Should You Stay Away From It?
An illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform.
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Stock Market Updates: Sensex Gains 200 pts, Nifty Above 17,650; Kotak Mahindra Bank Rises 5%
Sensex Today: The domestic markets extended winning streak to seventh consecutive day as it stood at 17,724 levels, up 30-odd points
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RuPay Credit Card UPI Linking: Here Are Easy Steps to Link RuPay Credit Card to UPI ID
At present, a user can transfer a maximum of Rs 1 lakh in a day through UPI
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No Penalty for Mere Belated Remittance of TDS After Deduction Under Section 271C of IT Act: SC
It noted the relevant words used in section 271C (1)(a) are 'fails to deduct' and it does not speak about belated remittance of the TDS
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You Can Save Money In This PF Scheme Without Being An Employee; Know All Details Here
Interest income is totally exempt from Income Tax. Income Tax benefits are available under Sec 88 of IT Act.
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Gold Prices Show Signs Of Slowness; Check April 10 Rates In Delhi, Mumbai And Other Cities
Gold remained the priciest in Chennai among all the major cities in the country.
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Loans Above Rs 75 Lakh To Get Costlier As RBI's Pandemic Relaxation Ends
The RBI in October 2020 rationalised the risk weighting by reducing it to nil for loan-to-value (LTV) of loans above Rs 75 lakh
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Sunday, 9 April 2023
Stock Market Updates: Sensex Gains 150 pts, Nifty Above 17600; Tata Motors Rallies 5%
Sensex Today: Domestic markets opened on a firm note in Monday's trade, amid mixed global cues
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Stocks to Watch: Titan, Tata Motors, Adani Wilmar, Vedanta, ONGC, and Others
Stocks to watch: Shares of firms like Titan, Tata Motors, Adani Wilmar, Vedanta, ONGC, and others will be in focus on Monday's trade.
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Unsold Housing Stock Falls 12% in Last 5 Years to 6.27 Lakh Units: Anarock
inventory overhang (estimated time developers need to clear unsold inventories at current sales velocity) falls to 20 months from 42 months at the end of March 2018
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Govt to Set Up 16th Finance Commission In 2023 to Suggest Centre-State Tax Devolution Beginning FY27: Report
The members of the commission and its Terms of Reference are being worked out, says report
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India's Forex Reserves Drop by $329 Million to $578.45 Billion; FY23 Sees $29 Billion Decline
India's gold reserves decrease $279 million to $45.20 billion; special drawing rights were down by $27 million to $18.392 billion
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How to Check EPF Balance? Here's The Step-By-Step Guide
EPF members can check their PF last contribution and overall balance through missed call, SMS and UMANG App
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Saturday, 8 April 2023
7th Pay Commission Update: More Salary Hike For Employees Likely In July As DA To Be Hiked 4%; New Formula
DA and DR are revised twice a year — January and July; reports say the DA hike in July is likely to be based on a revised formula for calculation
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Want To Invest In Property With Fractional Ownership? Here's the Option
hBits has launched commercial property worth Rs 42 crore through its platform; offering entry yield of 10% gross per year in fractional ownership
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10 Top Govt Savings Schemes, Choose Best Option For You; Check New Interest Rates, Features
Government savings schemes cater to different sections of the society. Some are for senior citizens, some are targeted towards the welfare of women.
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Is Your Gold Jewellery Original? Know This Method To Check Its Purity
In India, at present two precious metals namely gold and silver have been brought under the purview of hallmarking.
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Pradhan Mantri Mudra Yojana: Rs 23.2 Lakh Cr Sanctioned To About 41 Cr Beneficiaries, Check Latest Details Here
Loans under PMMY are provided by banks, non-banking financial companies (NBFCs), microfinance institutions (MFIs) and other financial intermediaries.
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Worried About Finances? You're Not Alone, 63% Indians To Cut Non-Essential Spending, PwC Survey
Consumers are planning to reduce their spending across all surveyed retail categories over the next six months.
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Friday, 7 April 2023
Income Tax Benefits Comparison: Senior And Super Senior Citizens Should Know This Before Filing ITR
Senior citizens are those individuals who belong to the age groups of 60 years and above, but below 80 years.
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CNG, PNG Gets Cheaper In Delhi And Mumbai; Rate Cuts Announced As Per New Pricing Formula, Check Full Details
The capped rates which are about a quarter less than the current prices, will lead to CNG and piped cooking gas prices being cut by up to 10%.
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US Economy Adds 236,000 Jobs Despite Fed's Rate Hikes
The unemployment rate fell to 3.5%, just above the 53-year low of 3.4% set in January
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Unauthorised Investment Advisory Services: Sebi Bans 4 Entities from Securities Markets for 6 Months
Sebi has barred four entities from the securities markets for six months for providing unauthorised investment advisor
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Thursday, 6 April 2023
Indian Govt Forms Panel to Review Pension System; Details
The Indian government has formed a panel to review the country’s pension system and discuss whether changes are warranted, the finance ministry said on Thursday
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Web Portal On Unclaimed Deposits: RBI's Move To Help Rs 35,000-Crore Accounts
Currently, the depositors or beneficiaries of unclaimed bank deposits of 10 years or more have to go through the websites of multiple banks to locate such deposits
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Are Banks Closed on Good Friday? Check Out List of Cities to be Closed on April 7
Public and private sector banks will remain closed tomorrow, April 7 on the account of Good Friday in some states
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India, China to Account for Half of Global Economic Growth in 2023, Says IMF Chief
International Monetary Fund managing director warned that a sharp slowdown in the world economy last year following the pandemic and Ukraine conflict
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US Retail Giant Walmart to Add EV Chargers to Thousands of Stores
Electric vehicles accounted for 5.8 percent of the US market for new vehicles in 2021, up from 3.2 percent in 2021, according to Cox Automotive
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RBI MPC Highlights Today: Repo Unchanged, FY24 Inflation Lowered, Growth Raised, UPI, Other Announcements
RBI also announces setting up PRAVAAH portal for regulatory processes, slows operation of pre-sanctioned credit lines at banks through UPI, centralised portal for unclaimed deposits, among others
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What RBI Governor Shaktikanta Das Said About Future Inflation, Growth, Global Economy
RBI Governor Shaktikanta Das says the Indian economic activity remains resilient but there are global headwinds due to geopolitical tensions; he also says inflation has eased
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Wednesday, 5 April 2023
Repo Rate Unchanged At 6.5%: Will This Boost Affordable, Mid Income Housing?
For people who have taken loans or who are planning to take, expect an increase in their EMIs to accommodate the rate hike.
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RBI Pauses Repo Rate At 6.50% After 6 Consecutive Rate Hikes Since May 2022; Inflation, GDP Growth Forecast
RBI Governor Shaktikanta Das says the global economy is witnessing a renewed phase of turbulence with fresh headwinds from the banking sector turmoil in advanced economies
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Barry Callebaut: World's Largest Chocolate Manufacturer Names New CEO
The Swiss-based firm, which supplies such food industry giants as Hershey, Nestle and Unilever
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Amazon to Close Global Online Book Store After Two Decades
The Book Depository which was founded in the United Kingdom in 2004, sells over 20 million books
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This World Health Day Why Should You Balance Health Budget And Finances?
World Health Day is a global health awareness day that is celebrated every year on April 7th.
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PPF April 5 Deadline: Deposit Your Contribution Today To Get Most Returns; Here's Why
The PPF interest rate is calculated based on the minimum balance between the fifth day of the month and the last day of the month
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Tuesday, 4 April 2023
Forbes' Billionaire List 2023: Elon Musk No Longer World's Richest Person, LV's Bernard Arnault Overtakes
Forbes says no one had a better year than Bernard Arnault, who is No. 1 on the World's Billionaires list for the first time; record sales and profits have driven shares of his luxury goods leviathan LVMH to new heights
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Britannia Declares Interim Dividend at Rs 72/share; Record Date, Other Key Things to Know
Britannia board has declared the payment of a whopping 7200 per cent dividend per share
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Stocks to Watch: ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and Others
Stocks to watch: Shares of firms like ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and others will be in focus on Wednesday's trade.
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Infosys Founder Narayana Murthy Reveals Best Management Guru; Ideas That Changed 'Regressive' Mindset
Listing his "ideals," he emphasised the virtue of "fairness" as being the most important attribute for a decision.
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India’s GDP Growth Likely to Moderate to 6.3% in FY24: World Bank Report
The World Bank on Tuesday said it has lowered its forecast for India's economic growth in the current fiscal year that started on April 1
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RBI MPC: Meet Starts Amid Rate Change Expectations, Experts See It As 'Last Hike'
RBI has already increased the repo rate by a total of 250 basis points since May 2022 in a bid to contain inflation.
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Monday, 3 April 2023
Meet JP Taparia; Man Who Bought India's Most Expensive Triplex In Mumbai For Rs 369 Cr
Reportedly, brokers said this is likely the most expensive residential property deal in the country.
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Aadhaar, PAN Mandatory For PPF, Sukanya Samriddhi Yojna, Other Small Saving Schemes
Permanent account number (PAN) and Aadhaar have become mandatory for investing in small savings schemes
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Stock Market Holiday: Are BSE, NSE, MCX Closed Today Due to Mahavir Jayanti? Know More
Indian equity benchmarks would remain closed on Tuesday and also on Friday in this holiday-shortened week
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India March Manufacturing Activity Hits 3-Month High, But Job Cuts Resume
The Manufacturing Purchasing Managers' Index compiled by S&P Global increased to 56.4 in March from February's 55.3
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Sunday, 2 April 2023
McDonald's To Temporarily Shut Its US Offices This Week: Report
McDonald's will communicate key decisions related to roles and staffing levels across the organisation this week
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Stock Market Updates: Sensex Rises 120 pts, Nifty Above 17,350; Eicher Motors Gains 2%
Sensex Today: Indian equity indices opened on positive note on April 3 with Nifty above 17,400.
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Baldev Singh Raina Named Among Top 51 Sikh Business Leaders Of India
‘Sikh Business Leaders of India’ is an effort to reveal the life of top Sikh entrepreneurs and CEOs of top-ranking companies and organisations of the country
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GST Cancellation Revocation: After Paying Taxes, Penalty, Businesses Can Apply Revocation By Jun 30
The finance ministry has made amendments in the Central GST act specifying that businesses whose registration have been cancelled on or before December 31, 2022.
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Bank Holidays In April 2023: For 15 Days Banks Are Closed; Check Full List Here
The month of April will witness a number of bank holidays. In total, banks in India will be closed for a total of 15 days in this month, including weekends.
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RBI MPC Decision, Global Trends To Drive Markets This Week; Know What Analysts Say
Equity markets will remain closed on Tuesday for 'Mahavir Jayanti' and on Friday on account of 'Good Friday'.
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Saturday, 1 April 2023
Mahila Samman Savings Certificate 2023: Govt Scheme Available In Post Offices; Know Key Benefits Here
Mahila Samman Savings Certificate offers a fixed interest of 7.5% interest compounded quarterly.
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India Has Robust System, Giving Confidence To Overseas Investors: FM Nirmala Sitharaman
Sitharaman stressed the need for interchange of views and exchange of suggestions between technical and judicial members.
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Man 'Accidentally' Burns NFT Worth Rs 1 Crore, Ends Up Losing A Third Of His Wealth
Explaining the debacle, the CyptoPunks NFT owner says something went wrong in trying to create a proxy wallet
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Average Salary increments in India to drop to 9.1% in 2023 from 9.4% in 2022: Deloitte
While the Life Sciences sector is expected to witness the highest increments in 2023, the IT sector will likely witness a major drop in increments as compared to 2022
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These 10 Income Tax Rules Have Changed From Today; Check Details
The income tax changes announced by Finance Minister Nirmala Sitharaman in the Budget 2023 have also become effective from today, April 1
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