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  RBI unlikely to cut rates amid strong economic growth, says SBI report

  October 03, 2024 13:25 IST

  The Reserve Bank of India (RBI) is unlikely to announce a rate cut in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). With India experiencing robust economic growth that surpasses capacity, the RBI is expected to maintain current interest rates.

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  Stock market plummets amid Israel-Iran conflict: Sensex drops 1,264 points, Nifty falls 345 points

  October 03, 2024 11:22 IST

  The stock markets faced a significant downturn on Monday, with the Sensex falling by 1.43% to close at 83,063.67, while the Nifty slipped by 1.45% to settle at 25,422. The decline comes amid escalating geopolitical tensions between Israel and Iran, leading to increased uncertainty in global markets.

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  7th Pay Commission: 4% DA hike likely for govt employees before Diwali, check salary hike details

  October 02, 2024 19:19 IST

  The DA hike formula for the Central government employees is based on the average of the All India Consumer Price Index, or AICPI, for the previous 12 months, making it a crucial aspect of salary calculations for government employees.

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  How well do you know your PAN Card? Understand key details printed on it and their meanings

  October 02, 2024 19:07 IST

  PAN is a 10 character alpha-numeric number. Each letter represents information. PAN card also serves as proof of the signature of the person required for various financial transactions.

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  Planning to buy a car on loan this festive season? Know all about 20/4/10 rule first

  October 02, 2024 18:52 IST

  Buying a car usually ranks second only to purchasing a house or property in terms of significant financial investment. The 20/4/10 car buying rule is a popular financial guideline that assists car buyers in making wise financial choices.

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  RBI monetary policy: Central bank unlikely to cut report rate or change status on Oct 9

  October 02, 2024 17:48 IST

  Despite inflation falling below the apex bank's target of 4 per cent for the past two months, the policy rates will not change in the MPC meeting commencing on October 7, as per BoB report.

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  Air India set to introduce new policy for cabin crew members: Know all about it

  October 02, 2024 17:24 IST

  An airline spokesperson said that with the merger of Air India and Vistara formalising, there is a need to harmonise these policies for employees of both organisations.

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  Daily cash deposit limits: How much can you deposit via bank cash deposit machines?

  October 02, 2024 17:17 IST

  Cash Deposit Machine: Customers can deposit money in their bank account through Cash Deposit Machine or Automated Deposit cum Withdrawal Machine.

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  SBI to open 600 new branches in FY 2024-25, targeting emerging business opportunities: Chairman

  October 02, 2024 16:12 IST

  State Bank of India has a network of 22,542 branches across the country as of March 2024. Apart from branch presence, SBI has 65,000 ATMs and 85,000 business correspondents.

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  GST collections rise 6.5 per cent to Rs 1.73 lakh crore in September

  October 01, 2024 19:31 IST

  Last month, domestic revenue grew 5.9 per cent to about Rs 1.27 lakh crore. Revenue from import of goods was up 8 per cent to Rs 45,390 crore.

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  7th Pay Commission: 4% DA hike announced for govt employees of this state ahead of Dussehra

  October 01, 2024 18:24 IST

  7th Pay Commission: The DA to the state government staff of Sikkim and dearness relief to pensioners shall be enhanced from the existing 46 per cent to 50 per cent with effect from January 1, 2024.

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  PPF vs VPF: Understand differences and know which one offers higher return on investment

  October 01, 2024 18:04 IST

  PPF vs VPF: Partial withdrawal in PPF can be done after 7 years, while partial withdrawal in VPF can be done in the 5th year.

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  TDS deposit rules for employers relaxed from Oct 1: Could employee TDS credit be at risk?

  October 01, 2024 13:52 IST

  From October 1, 2024, new TDS rules provide employers with extended time to deposit TDS, raising concerns about employee TDS credits. However, experts clarified that the new rule won't affect employee tax credits.

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  New PPF rules, notified by Ministry of Finance, effective from October 1: All you need to know

  October 01, 2024 11:20 IST

  New PPF rules: The new guidelines by the Department of Economic Affairs have changed rules for the PPF accounts based on their holdings. The changes majorly affect minors, NRI and those having multiple accounts.

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  Sony Pictures shake-up: Indian-origin Ravi Ahuja to become CEO after Vinciquerra's resignation

  October 01, 2024 12:07 IST

  Japan's Sony Group Corporation and Sony Pictures Entertainment (SPE) on Tuesday announced the elevation of Ravi Ahuja as President and CEO of SPE effective January 2, 2025.

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  Sensex rises 348 points in early trade, Nifty gains 96 points

  October 01, 2024 9:54 IST

  Sensex climbed 348 points to 84,647.88, while Nifty gained 96 points to 25,907.60 in early trade. Key sectors like IT, banking, and FMCG led the surge.

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  Commercial LPG cylinder prices increased by Rs 48.50

  October 01, 2024 9:43 IST

  From October 1, 2024, oil marketing companies have raised the price of commercial LPG cylinders by Rs 48.50. The price hike will directly affect restaurants, hotels, and other small businesses that rely heavily on commercial LPG gas cylinders for daily operations.

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  New insurance policy rule to come into effect from Oct 1: Here's how will it impact people

  September 30, 2024 22:58 IST

  Policyholders are advised to review their existing policies and stay informed about how these changes may affect their coverage and benefits.

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  Blue Dart Express to increase prices of shipments from Jan 1, 2025 | Check details here

  September 30, 2024 20:15 IST

  In a statement, the logistics operator Blue Dart said that the average price increase will be in the range of 9 to 12 per cent, depending on product variabilities and the shipping profile.

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  Bank holidays in October 2024: Banks to remain closed for 15 days, check full list here

  September 30, 2024 19:07 IST

  Bank holidays: The bank customers must note that the RBI classifies holidays into three categories such as Real-Time Gross Settlement Holiday, Banks’ Closing of Accounts Holiday, and Holidays Under the Negotiable Instruments Act.

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  India's core sector production declines by 1.8 per cent in August 2024: Check sector-wise report

  September 30, 2024 18:58 IST

  The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

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  LPG prices, Aadhaar, income tax, PPF, credit card: Key rules set to change from Oct 1 | Full list he

  September 30, 2024 17:16 IST

  The Centre's decision to discontinue the provision of allowing the mention of the Aadhaar enrollment ID instead of the Aadhaar number will come into effect on October 1.

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  Income tax audit report deadline extended to Oct 7: Check penalties for missing due date

  September 30, 2024 12:21 IST

  The announcement from the CBDT comes in response to the challenges taxpayers faced with electronic submissions under the Income Tax Act, particularly due to issues with the e-filing portal.

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  Stock market: Sensex, Nifty tumble in early trade amid foreign fund outflow

  September 30, 2024 22:21 IST

  The Sensex and Nifty fell during the early trade amid a fall in the Asian markets. The fall comes after both the benchmark indices touched a record high in the past week.

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  SBI to bring unique product with benefits of RD and SIP together | Details

  September 29, 2024 18:42 IST

  SBI Chairman CS Shetty hinted towards a new plan which could involve the benefits of FD and SIP. Notably, both the deposit plans give the option of monthly investment and are popular among the working professionals.

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  Akriti Chopra, Zomato co-founder, resigns with immediate effect after 13-year stint

  September 27, 2024 23:19 IST

  Zomato co-founder and Chief Public Officer Akriti Chopra has resigned after a 13-year journey with the company. Her leadership played a pivotal role in Zomato's growth, and her exit marks a significant change for the company.

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  Sensex, Nifty retreat from record highs amid profit-taking, HDFC Bank, ICICI declines

  September 27, 2024 16:39 IST

  Sensex and Nifty dropped from record highs as HDFC Bank and ICICI Bank led declines. Profit-taking halted the market rally, with benchmark indices losing ground. Check top gainers, losers, and market trends.

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  Stock market update: Sensex, Nifty open flat with marginal gains in early trade | Check here

  September 27, 2024 10:01 IST

  In the opening bell on Friday, the 30-share BSE Sensex registered a marginal gain of 26 points to 85,877. Meanwhile, the Nifty was up by 7.85 points to 26,223.