More From Economy
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7th Pay Commission: Centre likely to announce DA hike for govt employees in cabinet meeting today
October 03, 2024 17:55 IST7th Pay Commission: Reports suggest the central government is likely to announce a 3 per cent hike in dearness allowance this time for Central government employees. If the Centre makes the announcement, the DA will increase from 50 per cent to 53 per cent of the basic pay.
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PM Modi to address third edition of Kautilya Economic Conclave today | DETAILS
October 04, 2024 0:00 ISTThe Institute of Economic Growth, in partnership with the Ministry of Finance, will host the third edition of the Kautilya Economic Conclave (KEC), from October 4 to 6 in New Delhi.
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Adani and Google announce clean energy collaboration in India
October 03, 2024 14:53 ISTAdani Group and Google announce a clean energy collaboration to power India’s grid with a solar-wind hybrid project in Gujarat. The partnership advances Google's carbon-free energy goals while enhancing Adani's renewable energy footprint.
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RBI unlikely to cut rates amid strong economic growth, says SBI report
October 03, 2024 13:25 ISTThe 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 ISTThe 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 ISTThe 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 ISTPAN 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 ISTBuying 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 ISTDespite 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 ISTAn 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 ISTCash 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 ISTState 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 ISTLast 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 IST7th 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 ISTPPF 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 ISTFrom 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 ISTNew 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 ISTJapan'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 ISTSensex 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 ISTFrom 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 ISTPolicyholders 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 ISTIn 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 ISTBank 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 ISTThe 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 ISTThe 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 ISTThe 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 ISTThe 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 ISTSBI 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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Turkey sells Russia-made S-400 air defence systems to Gulf nation after US signals sale of F-35s
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Wish to be a part of India's first bullet train project; salary up to Rs 1.10 lakh - apply now
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India secures third spot in global airpower; IAF outranks China's PLAAF for fifth time since 2022
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Sensex surges 827.57 points, Nifty tops 24,200 amid renewed buying interest at lower levels
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Turkey sells Russia-made S-400 air defence systems to Gulf nation after US signals sale of F-35s
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Passenger slips while getting off moving train in Jhansi, narrowly escapes death
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Women chased, attacked by men in Scorpio on Ranchi-Tata Highway; disturbing video sparks outrage
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Haryana-registered Thar hits two bikers in Mumbai, drives away without stopping
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Telangana man buys Rs 1.10 lakh bike with Rs 10 coins saved since 2017
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Leopard attacks delivery boy on quiet residential road in Indore; terrifying video goes viral