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  7th Pay Commission: Central govt employees likely to get DA hike before Haryana Assembly polls

  September 05, 2024 22:58 IST

  7th Pay Commission: The Central government generally hikes DA and DR for employees and pensioners twice a year -- once in January and then in July -- with announcements usually made in early March and October.

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  Good news for EPS pensioners: Nationwide pension access from any bank, any branch starting January 1

  September 04, 2024 16:23 IST

  In its next phase, the CPPS will transition to an Aadhaar-based payment system (ABPS), further streamlining the process. This new centralised system replaces the existing decentralised model, reducing costs and removing the need for pensioners to visit banks for verification.

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  Central govt employees likely to get 4% DA hike in September, check how much salary will increase

  August 30, 2024 12:15 IST

  7th pay Commission: The Central government gives Dearness Allowance to its employees and pensioners to offset the impact of inflation and it is being granted to them to cope with increasing prices.

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  Avoid these common investment mistakes which otherwise can cost you dearly

  August 26, 2024 16:27 IST

  Investment Mistakes: If you are an investor, the most significant measure to minimise your investment errors is to recognise the most prevalent ones. Read full story here.

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  7th Pay Commission: Central govt employees likely to get 3% DA hike in September

  August 23, 2024 18:42 IST

  The last DA hike for Central government employees, effective from January 1, 2024, was announced on March 7, 2024, increasing the total DA to 50%. This latest adjustment also helped other allowances, including House Rent Allowance (HRA).

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  World Senior Citizens Day 2024: Check these investment options with best returns for older adults

  August 21, 2024 16:13 IST

  Before deciding on any investment options, it is imperative to accurately assess one's financial requirements, including estimating the monthly budgetary needs.

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  Attention bank customers: Loan EMIs to go up as Bank of Baroda hikes lending rates by 5 bps

  August 10, 2024 14:36 IST

  The Bank of Baroda said it has hiked its 3-month MCLR from 8.45 per cent to 8.50 per cent, its 6-month MCLR from 8.70 per cent to 8.75 per cent, and the benchmark 1-year MCLR from 8.90 per cent to 8.95 per cent. It is a 5 bps hike on each tenure.

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  Union Bank of India hikes FD Interest rates for senior citizens: Check revised rates here

  August 09, 2024 18:24 IST

  The HDFC Bank in a statement said that senior citizens can get extra interest for FDs upto Rs 5 crore in all of its domestic term deposits scheme.

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  HDFC Bank system upgrade alert: Services to be impacted on July 13

  July 08, 2024 16:10 IST

  HDFC Bank has scheduled a system upgrade on Saturday, July 13, 2024, from 3:00 AM to 4:30 PM to enhance performance, capacity, and reliability. During these 13.5 hours, certain banking services will be temporarily limited. Customers should plan accordingly to avoid disruptions.

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  Credit cards, Paytm wallets, ITR filing: Key financial deadlines and rule changes in July 2024

  July 01, 2024 9:57 IST

  As July approaches, prepare for significant financial changes impacting credit cards, Paytm wallets, and income tax filings. Key updates include Paytm closing inactive wallets on July 20, 2024, SBI Card ending reward points on government transactions, and ICICI Bank adjusting credit card fees.

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  Sebi initiates inquiry into Quant Mutual Fund over alleged front-running

  June 24, 2024 13:59 IST

  The fund house, with assets exceeding Rs 93,000 crore, affirmed its commitment to regulatory compliance and promised to provide all necessary support to Sebi. It aims to maintain investor trust while continuing to deliver superior risk-adjusted returns.

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  PM Kisan 17th installment: Steps to check beneficiary status online, complete KYC formalities

  June 17, 2024 14:37 IST

  The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana provides financial aid to landholding farmer families, offering Rs 2,000 every four months. Prime Minister Narendra Modi announced the release of the 17th installment, totaling Rs 20,000 crore, benefiting 9.3 crore farmers.

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  IRDAI mandates additional costs for insurers on late health claim settlements

  June 14, 2024 13:15 IST

  The Insurance Regulatory Development Authority of India (IRDAI) has introduced new customer-friendly measures for health insurance. Insurers must now cover additional costs if claims are not settled within three hours of discharge.

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  LIC plans health insurance foray after historic dividend payout, explores acquisitions

  May 28, 2024 20:07 IST

  The LIC's move comes after a proposal to introduce composite insurance companies, allowing life insurers to offer hospitalisation and indemnity coverage, pending an amendment to the Insurance Act.

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  Gold price rises on Akshaya Tritiya in India: Check gold rates in your city on May 10

  May 10, 2024 16:19 IST

  Gold rates in India saw a slight increase on Friday, coinciding with the celebration of Akshaya Tritiya. In Delhi, 10 grams of 24-carat gold was priced at Rs. 73,240 today, while on the Multi Commodity Exchange (MCX), gold contracts for June delivery traded higher by Rs 93 at Rs 73,090 per 10 grams.

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  97.76 per cent of Rs 2,000 currency notes returned, says RBI

  May 02, 2024 19:25 IST

  The total value of Rs 2,000 banknotes dropped drastically from Rs 3.56 lakh crore in May 2023 to just Rs 7,961 crore by April 30, 2024, indicating a substantial decline, according to RBI statements.

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  Key financial changes in May that will impact you: Check all details here

  April 30, 2024 12:12 IST

  As May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.

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  Bank holidays in April 2024: Banking services disrupted for 5 days this week | Check list here

  April 10, 2024 10:29 IST

  Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend.

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  Financial changes effective April 1: What you need to know

  April 01, 2024 7:10 IST

  Financial Changes Effective April 1, FY 2024-25As the financial year 2023-24 draws to a close, significant financial amendments are poised to reshape personal finance from April 1, marking the beginning of the new fiscal year.

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  What is Mutual fund stress test? Concerns for SEBI as results start coming in | EXPLAINED

  March 18, 2024 23:34 IST

  With discussions surrounding the stock market, the term "stress test" has gained attention, especially amidst the recent decline in mid- and small-cap shares. Stress tests evaluate mutual funds' ability to liquidate portfolios swiftly during extreme scenarios.

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  Are banks closed tomorrow for Mahashivratri? Check state-wise holiday list

  March 07, 2024 20:35 IST

  As Mahashivratri approaches in March 2024, banks across India will be closed in commemoration of the festival. This closure coincides with the second Saturday and Sunday, leading to an extended three-day weekend for many individuals.

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  FASTag: Complete your KYC update by February 29 to avoid deactivation, here's how to do it

  February 28, 2024 12:46 IST

  NHAI's "One Vehicle, One FASTag" initiative aims to streamline toll payment processes and curb misuse of FASTags. Failure to comply could lead to inconvenience and delays at toll plazas. Updating FASTag KYC is a straightforward process through the IHMCL customer portal.

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  PF Diwali Gift 2023: Govt begins crediting interest to employees, check details here

  November 10, 2023 14:45 IST

  The EPFO said that although a several customers have had interest credited to their accounts, it might take some time for it to show up in their bank accounts.

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  What are Futures and Options trading in stock market and how do they work? All explained

  October 25, 2023 6:48 IST

  Two main types of derivative contracts are Futures and Options. These contracts involve agreements between buyers and sellers to buy or sell the underlying asset at a specified price within a certain timeframe.

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  US Treasury official commends India's UPI system for cross-border payment leadership

  October 19, 2023 8:14 IST

  Highlighting India's distinct progress, Shambaugh mentioned that India has effectively advanced bilateral links between its Unified Payments Interface system and those of other nations, such as Singapore and the United Arab Emirates.

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  How first-time home buyers can save tax on buying a property | Check here

  October 18, 2023 9:59 IST

  Thе govеrnmеnt has introduced sеvеral mеasurеs to еncouragе homе ownеrship, making it morе affordablе for first-timе buyеrs.

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  World Financial Planning Day 2023: 5 expert tips for managing your finances

  October 04, 2023 15:03 IST

  Financial planning is an ongoing process, and expert guidance can tailor solutions to individual needs. Responsible money management is key to securing your financial future and achieving your dreams.

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  Want happy retirement? 5 tips to build wealth to achieve financial freedom

  September 27, 2023 23:14 IST

  For accumulating funds for retirement, there are multiple financial instruments available in today's time like mutual funds, National Pension System (NPS), PPF among others.