Save lakhs in interest cost? What RBI’s new rules for interest overcharging on loans mean for borrowers
The Reserve Bank of India has come across instances of lenders resorting to certain unfair practices in charging of interest. What do RBI’s ...
Important updates for NPS subscribers: New charges and security measures announced by PFRDA
PFRDA's guidelines impact NPS PoPs' fee structure, introducing persistency charges. Security upgrades include Aadhaar-based authenti...
Gold rate today: Yellow metal drops Rs 250/10 grams; Silver declines Rs 457/Kg
Gold prices dropped on MCX ahead of US Federal Reserve's rate cut. June gold futures and May silver futures decreased. US gold at $2,330...
China firms go 'underground' on Russia payments as banks pull back
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What are Tata Sons Chairman N Chandrasekaran's top 3 focus areas for 2024?
Tata Sons chairman N Chandrasekaran has expressed a bold growth target for group chief executives, encouraging them to increase their effort...
National highways to soon have self-healing roads? NHAI explores ‘ingenious’ methods to address issue of potholes
National Highways Authority of India (NHAI) is exploring a new technology for roads that can self-heal, potentially reducing accidents and f...
China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI
India faces a growing trade deficit with China, relying heavily on Chinese imports in various sectors. To mitigate risks, Ajay Srivastava su...
Centre allows export of 99,150 MT onion to six countries
Centre on Saturday allowed export of 99,150 MT onion to six countries - Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka. The India...
First US bank failure this year: Regulators close Republic First Bank
Republic First Bank in PA, NJ, NY, seized by FDIC. Acquired by Fulton Bank. $667M cost, 1st US bank failure in 2022. Steven Mnuchin group in...
'Get used to living frugally': China asks officials to use own cup, travel by bike
China implements austerity measures like budget cuts and frugality campaigns to address economic challenges, redirect resources, and curb un...
Bank holidays in April 2024: Are banks open on Saturday, April 27, 2024?
In April 2024, bank holidays impact operations with closures on specific Saturdays. ATMs and online services remain available. India's b...
PAN, Aadhaar not linked? Penalty deadline for TDS deductors extended - here’s what it means
Individuals whose PAN became inoperative due to non-linkage faced higher tax deduction at source (TDS) or tax collection at source rates. Fo...
Reducing China dependence: Tata developing complex high-precision machines to make Apple iPhone casing; aims for exports
Tata Electronics is internally developing sophisticated high-precision machines for producing iPhone casings, aiming to enhance local capabi...
Hydrocracking technology can produce SAF at lower costs: Honeywell
Honeywell's hydrocracking technology enables SAF production with reduced carbon intensity. The company's innovations align with avia...
Have the @Paytm UPI handle? Here’s how you can activate a new UPI ID on the Paytm app
RBI restricts Paytm Payments Bank from receiving money post-March 15, 2024. Users must switch from '@paytm' UPI handles to new ones ...
New rules require airlines to automatically refund consumers for cancelled flights in US
US Department of Transportation mandates automatic refunds for flight changes, impacting low-cost carriers. Seaport Research highlights pote...
Rs 15,000 crore 4G deal: TCS setting up four large BSNL data centres in ‘most complex deployment’
N Ganapathy Subramaniam, the Chief Operating Officer of Tata Consultancy Services (TCS), has announced that the company is setting up sizabl...
Agilitas sports acquires exclusive license of Italian brand Lotto for India & other markets
Agilitas Sports secures Lotto Brand License from WHP Global for India, Australia, and soon South Africa. Exclusive rights for design, manufa...
Why JPMorgan CEO believes PM Narendra Modi is doing an ‘unbelievable job’
JPMorgan CEO Jamie Dimon has lauded PM Narendra Modi, calling him tough and crediting him for doing a difficult job. "There are example...
Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue
Long wait for European visa continues: The Schengen visa, which is an entry permit valid for 29 European countries, including France, German...
Reliance Industries Q4 results: Brokerages up RIL share price targets; should you invest?
Reliance Industries reported quarterly earnings, leading to raised target prices by brokerages. Positive outlook driven by various factors l...
Amitabh Bachchan buys land parcel in Alibaug to build luxury villa in beach town
Bollywood actor Amitabh Bachchan has acquired a land parcel in Alibaug near Mumbai to build a luxury villa in the beach town known for sea v...
Getting wrong calls from loan recovery agents, unable to link number with bank account? You may have got a recycled mobile number
Recycled mobile phone numbers: According to regulations, telecom companies can reclaim a mobile number from a customer if it remains unused ...
Indian economy on strong footing! April business growth at near 14-year high, PMIs show
India's business activity expanded at its fastest pace in nearly 14 years this month, driven by robust demand and positive jobs growth. ...
Apple’s India stores join ranks of iPhone maker’s top-performing retail stores globally
Apple's two company-owned outlets in India have completed a successful first year, reporting significant revenue and paving the way for ...
RBI directs payment firms to track high-value, fishy transactions during elections
The Reserve Bank of India has directed regulated payment companies to monitor high-value or suspicious transactions to prevent misuse during...
Another round of FDI reforms? Liberalisation of Defence, Banking, Insurance foreign direct investment norms on the cards
The government is exploring the possibility of relaxing foreign direct investment norms for banking, insurance, and defence sectors. Talks a...
Direct tax collections exceed estimates in FY24; jump 18% to Rs 19.58 lakh crore
Net direct tax collections experienced a significant increase of 17.7% year-on-year, reaching Rs 19.58 crore in the fiscal year that ended i...
'Hide and seek': How Russia is dodging Western sanctions to sell oil to India
From January to February of this year, three new entities named Blackford, Black Pearl, and Vertex have emerged as significant suppliers of ...
Swift recovery of stolen money: Banks mull new move for faster freezing of fraudsters’ accounts in case of a cyberattack
Banks are considering a proposal to integrate their systems with the National Cybercrime Reporting Portal (NCRP) to prevent swift fund trans...
HRA claims and tax scrutiny: CBDT assures no review of old HRA mistmatch cases; but here's what experts suggest
HRA claims mismatch: Taxpayers should remain cautious. If there's a discrepancy between the rent paid and the rent received by the landl...
Iris scan for senior citizens soon? Banks look at options for verifying transactions
Indian commercial banks are considering using iris scans for transaction verification, especially for senior citizens, due to reliability is...
All land records to be digitised? Land reforms among top 100-day agenda of new government
The government is prioritizing the digitisation of land records with an allocation of Rs 1,035 crore to simplify land acquisition processes ...
FM Nirmala Sitharaman’s sharp barb: Congress like 'Mahabharata’s Shalyya', keeps saying India can’t match China
Nirmala Sitharaman has said that the Congress party, despite having governed India, lacks faith in the country and its potential. Even if th...
0.96% rise in FY24! Why banks are increasing deposit rates
Lenders raised deposit rates by 96 basis points in FY 2024 to address credit demand surpassing deposit growth. The demand for credit exceede...
Vodafone Idea FPO opens today: Is investing in this Rs 18,000 crore offering worth it? Here’s what analysts suggest
Vodafone Idea's FPO offers Rs 18,000 crore to investors with positive analyst insights. Consider risk-reward ratio, market performance, ...
Mumbai airport to close two runways for 6 hours on May 9; here’s why
Mumbai airport's pre-monsoon maintenance on May 9 includes a 6-hour closure of two runways for safety. NOTAM advised schedule adjustment...
How to claim Leave Travel Allowance: Know eligibility, LTA rules, documents required and other key details
Understanding Leave Travel Allowance (LTA) is crucial for employees to optimize tax benefits. Claiming LTA involves specific rules and docum...
Bank holiday in several cities on April 19 due to Lok Sabha elections Phase 1; check details
Lok Sabha Elections 2024 trigger bank closures in various cities, with states declaring holidays for voting days. Special provisions by Utta...
7th Pay Commission: Central government employees to get HRA increase with DA hike to 50%; details and calculations here
Central govt. employees' DA increased to 50% from Jan 1, 2024. HRA adjusted accordingly. Uncertainty remains on a separate HRA order pos...
Old vs New Income Tax Regime for TDS on salary: Will post-election Budget 2024 impact your choice?
Interim Budget announces no tax rate changes. Anticipation of tax law alterations in the full budget. Salaried individuals to select tax reg...
Supreme Court appreciates Indian Railways for installation of 'Kavach' anti-collision system in trains
Praise for Indian Railways Kavach system: The court had agreed to hear the PIL on implementation of ‘Kavach’ and had asked the Centre to bri...
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