Category: Business
Forex Update: India’s Foreign Exchange Reserves Jump $5.7 Billion To $622.47 Billion
[ad_1] India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $608 million to $48.088 billion during the week ended February 2, special drawing rights fall $58 million to $18.19 billion India’s forex reserves jumped $5.736 billion to $622.469 billion for the week ended February 2, according to
Paytm Shares Jump 10% After CEO Vijay Shekhar Sharma Meets FM, RBI
[ad_1] Shares of One97 Communications Ltd surge. At 9:31 am, shares of One97 Communications, which owns Paytm, rose to Rs 496.75 apiece on the BSE, which is 10 per cent higher as compared with the previous close of Rs 451.60 Paytm shares on Wednesday jumped as much as 10 per cent after media reports that
Gold Price Rises In India: Check 24 Carat Rate In Your City On February 7
[ad_1] Gold Rate Today In India: As of February 07, 2024, varied fluctuations in gold prices were observed in different cities of India. The steady rate for 10 grams remained around Rs 63,000. To provide further insight, the average cost of 10 grams of 24-carat gold was recorded at Rs 63,230, whereas the corresponding value
Canara Bank Plans Stock Split, Board to Consider Proposal on February 26
[ad_1] Canara Bank on Wednesday said it is planning a split of its equity shares to boost the stock’s liquidity. The decision in this regard will be taken by the bank’s board of directors in a meeting, which is scheduled on February 26, according to a regulatory filing. The meeting’s agenda is “to seek in-principle
KFC, Domino’s And Other Food Chains Greet Ayodhya With Vegetarian Choices
[ad_1] Curated By: Business Desk Last Updated: February 07, 2024, 12:42 IST The Ram Mandir complex area spans 70 acres, with the main temple area covering 2.7 acres and a built-up area of about 57,400 square feet. (PTI File) Popular food chains are witnessing an increase in business at their Ayodhya outlets, despite not serving
Stocks To Watch Today: Tata Consumer, Zomato, PowerGrid, Lupin, Bharat Petroleum & Others
[ad_1] Stocks to watch on February 8 Stocks To Watch: Know a slew of stocks that will be in focus on February 8 for various reasons. Stocks To Watch Today: The benchmark Sensex and Nifty indices are poised to start February 8 on a positive note, with indications from the GIFT Nifty suggesting a gain
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 8
[ad_1] Fuel rates in India: Petrol and diesel prices today on February 8. (Representative image) Mumbai Petrol & Diesel Price: As of February 07, the price of petrol in Mumbai continued to exceed the Rs 100 mark Petrol, Diesel Prices Today On February 08, 2024: Each day at 6 am, petrol and diesel prices are
RBI Monetary Policy: Shaktikanta Das To Announce Decisions Today, Top Things To Know
[ad_1] RBI Governor Shaktikanta Das. (File photo) RBI Monetary Policy February 2024: RBI Monetary Policy Committee (MPC) Meeting Latest Updates, RBI MPC Meet Feb 2024, Repo Rate News & Outcomes RBI Monetary Policy 2024: Reserve Bank of India Governor Shaktikanta Das will announce the bi-monthly policy today (February 8) amid expectations of continued pause on
RBI Keeps Repo Rate Unchanged At 6.5% For 6th Time; FY24 GDP Kept At 7%, Inflation Projected At 5.4%
[ad_1] The RBI’s monetary policy committee on Thursday decided to keep the repo rate unchanged for the sixth time in a row, at 6.5 per cent. The decision has been taken with 5 members in favour of the decision out of the total 6. The RBI has kept the FY24 GDP projection unchanged at 7
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 10
[ad_1] Fuel rates in India: Petrol and diesel prices today on February 10. (Representative image) Mumbai Petrol & Diesel Price: As of February 10, the price of petrol in Mumbai continued to exceed the Rs 100 mark Petrol, Diesel Prices Today On February 10, 2024: Each day at 6 am, petrol and diesel prices are
Gold Price Falls In India: Check 24 Carat Rate In Your City On February 10
[ad_1] Gold rate today in India on February 10, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image) Gold rate today in India: On February 10, there were slight fluctuations in retail gold prices across various cities. Gold Rate Today In India: As of
After Govt, This Christian Body Largest Landowner In India
[ad_1] Curated By: Business Desk Last Updated: February 10, 2024, 10:31 IST Its extensive property portfolio across the nation holds considerable value. The significant acquisition of land by the Catholic Church of India can be attributed mainly to the Indian Churches Act of 1927. In India, land ownership holds significant importance in the economy, with
How Ayushman Bharat Card Offers Affordable Healthcare; Know Who All Are Eligible
[ad_1] Curated By: Business Desk Last Updated: February 10, 2024, 11:04 IST Ayushman Bharat Card offers coverage up to Rs 5 lakh. The Ministry of Health and Family Welfare and the Government of India started the PM Jan Arogya Yojana under the Ayushman Bharat Card. The Ministry of Health and Family Welfare, along with the
Finsafe India Founder Mrin Aggarwal’s Four-pronged Strategy To Achieve Financial Stability
[ad_1] Curated By: Business Desk Last Updated: February 10, 2024, 11:05 IST Inflation occurs when prices increase over time. He said that planning early, keeping informed and making decisions on time are crucial for achieving financial success in the current year. Financial security is achieved when expenses no longer cause stress but rather bring comfort.
Banking Sector Must Be Nimble To Adapt To Tech Changes: RBI Deputy Governor
[ad_1] RBI Deputy Guv said there is no reason for us to be complacent about technology adoption in banking”, and that there was a need to be nimble to adapt to technological change. (Representative image) Whether technology will remain with the same set of skills that were there in the past or not is not
Regaining Trust? Paytm Forms Panel Headed by Ex-Sebi Chief To Address Regulatory Concerns
[ad_1] The setting up of the committee comes at a time when Paytm Payments Bank Ltd, majorly owned by Paytm Founder and CEO Vijay Shekhar Sharma, has come under scrutiny of RBI. The committee will advise the company on strengthening compliance and on regulatory matters, according to a stock exchange filing. Fintech firm One97 Communications,
RBI Cautions Against Frauds In The Name Of KYC Update
[ad_1] In 2021, RBI cautioned the public as it was receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation. (Representative Photo: News18 File) The modus operandi for such frauds usually involves customers receiving unsolicited communications, including phone calls/SMS/emails, The Reserve Bank of India has once again urged people
Provident Fund Interest Rate Rises, EPFO Fixes 8.25% Rate On Employees’ PF For FY24
[ad_1] EPFO provides the rate of interest only after it is ratified by the government through the finance ministry. After the CBT’s decision, the interest rate on EPF deposits for 2023-24 will be sent to the Ministry of Finance for concurrence. Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25
From UK, Canada To Singapore, What’s Influencing NRIs’ Investment Decisions? Check Country-wise Trends
[ad_1] In tandem with India’s burgeoning investment landscape, there has been a steady rise in NRI investments. While India’s investment ecosystem is certainly a lucrative market for NRIs, many fail to consider the time horizon of the investment as a pivotal element in formulating their financial strategies. Against this backdrop, SBNRI, the NRI-centric investment platform,
Hyundai Picks JPMorgan, Citi to Accelerate $3 Billion India IPO: Report
[ad_1] The IPO could be India’s largest. IPOs in India boomed in the second half of 2023, and bankers expect this to continue in 2024 amid hopes for political stability after upcoming elections. Hyundai Motor has appointed investment bankers JPMorgan and Citi to advise on its at least $3 billion India IPO, accelerating listing plans
What Expert Advises Women Wanting To Buy Their Dream Home
[ad_1] Curated By: Business Desk Last Updated: February 10, 2024, 11:37 IST Jointly applying for a home loan presents an advantageous option. Typically, individuals opt for a home loan to finance their house purchase, covering around 80% of the property’s cost, with the remaining 20% to be funded by the buyer. Buying a house is
Annual To Late Fee, 4 Ways Credit Card Companies Make Money
[ad_1] Curated By: Business Desk Last Updated: February 10, 2024, 10:46 IST The fees range from 2 per cent to 5 per cent of the amount of cash taken out. Credit card companies charge cash advance fees when customers use their credit cards to get cash at an ATM. Credit card usage in India has
Discount For Online Investors, Sovereign Gold Bond Price Fixed, Issue Opens On Feb 12, Check Details
[ad_1] SGB Feb 2024 Series: Know Your Customer (KYC) norms will be the same as those for purchasing physical gold. (Representative image) The issue price of the next tranche of Sovereign Gold Bond, opening for subscription for five days from Monday, has been fixed. Sovereign Gold Bond Issue Price: The issue price of the next
Govt Takes Action Against Financial Frauds, Blocks 1.4 Lakh Mobile Numbers
[ad_1] Department of Telecom (DoT) has developed ASTR, an AI-machine learning-based engine, to detect mobile connections taken on fake/ forged documents. (Representative image) About 1.40 lakh mobile handsets either linked to disconnected mobile connections or misused in cyber-crime or financial frauds have been blocked To control digital frauds, the government has blocked 1.4 lakh mobile
Why the e-bike boom is raising fire fears
[ad_1] To give people a chance of escape, any means of delaying the spread of a fire or toxic gas can help. “Even if someone doesn’t have a dedicated storage cabinet, if they have a room that’s enclosed with doors that’s away from where they sleep, that might be safer than leaving it in kind
Ex-Fujitsu boss 'shocked' by Post Office's actions
[ad_1] Roger Gilbert says he believed the Post Office was acting “honestly and competently” in prosecutions. [ad_2] Source link
RBI Asks Lenders To Merge Loan Processing Fees, Documentation Charges Into Actual Interest Rates
[ad_1] RBI Governor Shaktikanta Das. RBI Governor Shaktikanta Das said this will provide customers with a clear idea of the actual annualised interest rate they pay on the loan To enhance transparency on loan information for borrowers in key facts statement (KFS), the Reserve Bank of India (RBI) on Thursday said loan processing fees, documentation
RBI MPC: Know All Key Announcements By RBI Governor Shaktikanta Das Today
[ad_1] The RBI’s Monetary Policy Committee on Thursday, February 8, decided to keep the key repo rate unchanged for the sixth consecutive time at 6.5 per cent having a stance with the focus on the withdrawal of accommodation. It kept the FY24 inflation forecast unchanged at 5.4 per cent, and maintained the status quo on
Gold Rate Today Falls In India: Check 24 Carat Price In Your City On February 8
[ad_1] Gold rate today in India on February 08, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image) Gold rate today in India: On February 8th, retail gold prices saw marginal changes in multiple cities. Gold Rate Today In India: As of February 08,
Planning New Business But With Minimum Investment? This Might Be A Good Idea
[ad_1] Curated By: Business Desk Last Updated: February 08, 2024, 12:23 IST Another coin is the Standing Liberty Quarter of 1918. To start it, you’ll need to either rent a shop in the market or use an existing one if it works for you. Juice, often overlooked, holds significant importance in a balanced diet. Rich