Category: Business
PLI Scheme to Only Give Kickstart, Ultimately Competition Will Prevail: Goyal to Industry
[ad_1] The industry should look at the measures under the Production-Linked Incentive (PLI) scheme as an initial support because going forward, the industry has to face competition to grow further, Commerce and Industry Minister Piyush Goyal said on Saturday. He asked the PLI incentive beneficiary firms to share their “constructive criticism and feedback for better
SBI Q3 Net Profit Declines 35% YoY To Rs 9,164 Crore, NII Up 4.59%
[ad_1] SBI Q3 Results. (Representative image) SBI Q3 Results: State Bank of India’s net interest income (NII) during October-December 2023 increased 4.59 per cent to Rs 39,815 crore State Bank of India (SBI), the country’s largest bank, on Saturday reported a 35 per cent decline in its net profit to Rs 9,164 crore for the
Interim Budget 2024: Know Tax Benefits to Startups, Pension Funds; Check What Experts Say
[ad_1] Interim Budget 2024-25: Know the Tax Benefits for Startups. As many as 1.17 lakh startups are recognised by the government so far As the government has been taking various measures to promote startups in the country, Finance Minister Nirmala Sitharaman has proposed some tax benefits to startups and pension funds in the Interim Budget
Morgan Stanley Buys Paytm Shares Worth Rs 244 Crore
[ad_1] Published By: Mohammad Haris Last Updated: February 03, 2024, 11:45 IST Financial services major Morgan Stanley on Friday bought shares of Paytm’s parent company One97 Communications for Rs 244 crore through an open market transaction. Morgan Stanley through its affiliate Morgan Stanley Asia (Singapore) Pte – ODI picked up shares of Noida-based Paytm’s parent
What Services of Paytm Will Be Affected From February 29 After RBI Action?
[ad_1] The Reserve Bank of India (RBI) earlier this week took a major action against One97 Communications, the owner of Paytm, regarding Paytm Payments Bank Ltd (PPBL) due to “persistent non-compliances and continued material supervisory concerns”. It barred PPBL, which houses all of Paytm’s 330 million wallet accounts, from accepting deposits or top-ups in any
Income Tax Department’s DFC Can Help Address Issues With Older Outstanding Taxes
[ad_1] Published By: Mohammad Haris Last Updated: February 03, 2024, 08:05 IST Demand facilitation centre directly contacts taxpayers, receiving notice under Section 245. The income tax department recently launched the Demand Facilitation Centre to help individuals resolve their issues with older outstanding taxes While not many taxpayers might be aware of the fact, it should
Forex Update: India’s Foreign Exchange Reserves Rise $591 Million to $616.7 Billion
[ad_1] India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $269 million to $47.481 billion during the week ended January 26, special drawing rights rise $27 million to $18.248 billion India’s forex reserves increased $591 million to $616.733 billion for the week ended January 26, according to
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 3
[ad_1] Fuel rates in India: Petrol and diesel prices today on February 3. (Representative image) The cost of petrol in Delhi is Rs 96.72 per litre, and diesel is priced at Rs 89.62 per litre Petrol, Diesel Prices Today On February 3, 2024: Every morning at 6 am, the prices of petrol and diesel are
Bereaved partners face deadline for claiming financial support for children
[ad_1] Thousands of cohabiting parents whose partners have died have days left to apply for bereavement support. [ad_2] Source link
Byju’s US Unit Files for Bankruptcy in Delaware
[ad_1] Published By: Mohammad Haris Last Updated: February 02, 2024, 08:36 IST A US unit of Indian education technology startup Byju’s has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion. Byju’s Alpha unit listed its assets in the range of
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 2
[ad_1] Fuel rates in India: Petrol and diesel prices today on February 2. (Representative image) On February 2, the price of petrol in Mumbai remained above the Rs 100 mark Petrol, Diesel Prices Today On February 2, 2024: Every morning at 6 am, the prices of petrol and diesel are revealed, regardless of whether they
Success of India Grounded in Pursuit of Reforms Over Last Years: IMF MD Kristalina Georgieva
[ad_1] Published By: Mohammad Haris Last Updated: February 02, 2024, 09:15 IST Kristalina Georgieva. (File Photo/AP) India has been a bright spot in the world economy and it continues to be so, says IMF Managing Director Kristalina Georgieva The economic success of India is grounded in the pursuit of reforms over the last years, Managing
A Day After Budget 2024, Nifty Hits All-Time High Level, Sensex Skyrockets 1,444 Points
[ad_1] Sensex, Nifty Today. (Representative image/Reuters) Among the Sensex firms, Power Grid, NTPC, Infosys, Tata Consultancy Services, Tech Mahindra, Wipro and Reliance Industries were the major gainers during the afternoon trade A day after the presentation of Interim Budget 2024, domestic benchmark equity indices shot up on Friday with the Nifty hitting its all-time high
Italian Edibles IPO Opens Today: Check Subscription Status, Latest GMP
[ad_1] Italian Edibles IPO Day 1: Check Subscription Status, GMP Today. Unlisted shares of Italian Edibles Ltd are trading Rs 20 higher in the grey market, which is a 29.41 per cent listing gain from the public issue Italian Edibles IPO: The initial public offering of Italian Edibles Ltd has opened for public subscription on
Govt May Bring Institution Or Vehicle for Rs 1 Lakh Crore R&D Corpus: Sitharaman | Exclusive Interview
[ad_1] Last Updated: February 03, 2024, 00:11 IST Union finance minister Nirmala Sitharaman. (Image: News18) Asked why the government has seemingly underperformed in the disinvestment of public sector undertakings (PSUs), the finance minister said that issue needs to be put into the frame laid by her in the matter of public sector enterprise policy One
Emirates Introduces Pre-Approved Visa on Arrival For Dubai for Select Indian Passport Holders; Check Details
[ad_1] Emirates Airlines has partnered with VFS Global to introduce a pre-approved visa-on-arrival facility for Indian passport holders who have booked their travel with the airline. Emirates Airlines has partnered with VFS Global to introduce a pre-approved visa-on-arrival facility for Indian passport holders who have booked their travel with the airline Dubai-based Emirates Airlines on
Nirmala Sitharaman: 7% Growth Possible; Global Agencies Like IMF Have Enhanced Assessments | Exclusive Interview
[ad_1] Last Updated: February 02, 2024, 18:01 IST Union finance minister Nirmala Sitharaman. (File photo/News18) The government has made every effort to look at both growth-driving elements and inclusivity-driving elements so that nobody is left out of this growth process, the finance minister said. It is doing many systemic reforms and these need to be
Post Office victims had lives ‘utterly destroyed’
[ad_1] Mr Stein added that the latest phase of the inquiry had shown an “appalling lack of professionalism of lawyers, combined with bullying investigators”, a refusal to investigate the Horizon system because of what that would reveal, and that Post Office employees felt the firm “must be protected at all costs”. [ad_2] Source link
Big US jobs gain in January surprises again
[ad_1] Employers added 353,000 jobs, while the unemployment rate held steady at 3.7%, the Labor Department said. [ad_2] Source link
Want To Save Taxes On Income? Invest In NPS, Take A Home Loan
[ad_1] Published By: Mohammad Haris Last Updated: February 02, 2024, 17:22 IST Opting for the NPS benefit under Section CCD (2) can reduce tax. Individuals can reduce paying taxes on their pay structure by making wise decisions about investments like NPS or debt funds The word ‘income tax’ comes across almost every taxpayer’s mind at
Sensex Jumps 440 Points, Nifty Climbs to 21,853, Rupee Rises 7 Paise
[ad_1] Sensex, Nifty Today. (Representative image/Reuters) The BSE Sensex jumped 440.33 points to settle at 72,085.63, while the NSE Nifty climbed 156.35 points to 21,853.80 A day after the presentation of the Interim Budget 2024, domestic benchmark equity indices settled on a higher note on Friday, February 2. The BSE Sensex jumped 440.33 points to
Blackstone-Backed Aadhar Housing Files Rs 5,000-Crore IPO Papers with Sebi
[ad_1] Aadhar Housing Finance IPO. Initial public offering of Aadhar Housing Finance Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 5,000 crore through the offering Aadhar Housing Finance IPO: Aadhar Housing Finance Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 5,000 crore through the offering.
Budget Fiscally Conservative, to Help Achieve 4.5% Fiscal Deficit Target of FY26: NITI Vice-Chairman Suman Bery
[ad_1] Published By: Mohammad Haris Last Updated: February 02, 2024, 14:51 IST NITI Aayog Vice-Chairman Suman Bery on Friday described Finance Minister Nirmala Sitharaman’s pre-election budget as ‘fiscally conservative’ and exuded confidence that the government will achieve the fiscal deficit target of 4.5 per cent of GDP by 2025-26. Sitharaman on Thursday announced a Rs
Bao Fan: Missing China billionaire banker returns to resign
[ad_1] Bao Fan’s disappearance in February last year shocked China’s business and investing community. [ad_2] Source link
USISPF New Board Members: Prashant Ruia, Raj Shah, Joe Ucuzoglu And Alex Rogers Join USISPF’s Board
[ad_1] US-India Strategic Partnership Forum. USISPF President and CEO Mukesh Aghi says the additions of Joe, Alex, Prashant, and Raj accentuate the growing synergy in US-India ties across fields of critical and emerging technology Deloitte Global CEO Joe Ucuzoglu, MSI Surfaces co-CEO, Raj Shah, Qualcomm President (Global Affairs and Qualcomm Technology Licensing) Alex Rogers, and
Why Did Paytm Shares Tank Another 20% Today? Know Details of RBI’s Action Against One97 Communications
[ad_1] Why Did Paytm Shares Tank Another 20% Today? Know Details of RBI’s Action Against One97 Communications. Paytm’s shares on Friday tanks 20 per cent to Rs 487.05 on the BSE, its lowest trading permissible limit for the day Shares of One97 Communications Ltd, which owns Paytm brand, on Friday plummetted another 20 per cent.
Personal Taxation Announcements in Interim Budget 2024: All You Need To Know
[ad_1] Finance Minister Nirmala Sitharaman has presented her sixth Union Budget in a row. In this pre-election Budget, though the government refrained from announcing any major populist measure, the finance minister provided some relief to individuals on personal taxation as well as startups. Here are the personal taxation announcements in the Interim Budget 2024-25: No
Could AI 'trading bots' transform the world of investing?
[ad_1] Artificial intelligence is increasing being used to guide investments but risks remain. [ad_2] Source link
TikTok pulls Taylor Swift and The Weeknd's music
[ad_1] It comes after a licensing rights row between the platform and the artists’ record label, Universal. [ad_2] Source link
AI will not be the destroyer of jobs – Bank chief
[ad_1] A Department for Science, Innovation and Technology spokesperson said: “We do not accept this – the UK is a clear leader in AI research and development, and as a government we are already backing AI’s boundless potential to improve lives, pouring millions of pounds into rolling out solutions that will transform healthcare, education and