Reliance General Insurance seeks a capital infusion of Rs 600 crore Reliance General Insurance, a subsidiary of Reliance Capital has sought a capital infusion of Rs 600 crore from its holding company to improve its solvency level. Reliance Capital is undergoing bankruptcy proceedings since November 2021 after defaulting on loans worth Rs 24,000 crore. The ...
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Aadhaar card for children of NRIs: How to apply, documents required; step-by-step guide
Aadhaar card for children of NRIs: How to apply, documents required; step-by-step guide [ad_1] Aadhaar cards can be helpful for resident Indians as well as Non-resident Indians (NRIs). A non-resident Indian (NRI) whether minor or adult with a valid Indian passport can apply for Aadhaar from any Aadhaar kendra. Do note that for NRI applicants, a valid Indian passport is ...
Read More »UPI for international travellers: Who can use it, where can you get it, and more – Now international tourists can use UPI in India
UPI for international travellers: Who can use it, where can you get it, and more – Now international tourists can use UPI in India [ad_1] Now, international travellers visiting India from G-20 countries can use Unified Payments Interface (UPI) for retail payments in the country. “The Reserve Bank of India (RBI) had announced in the Statement on Developmental and Regulatory ...
Read More »EPS Member Status: How to check your EPS membership status to receive higher pension
EPS Member Status: How to check your EPS membership status to receive higher pension [ad_1] Many employees who have been working from before 2014 may be wondering if they are eligible to opt for higher pension from the Employees’ Pension Scheme (EPS). A Supreme Court judgment has clarified that if an individual was a member of the EPS on September ...
Read More »SBI vs HDFC Bank vs PNB vs YES Bank: Which bank is offering highest interest on FDs after recent hike?
SBI vs HDFC Bank vs PNB vs YES Bank: Which bank is offering highest interest on FDs after recent hike? [ad_1] Several banks including SBI, HDFC Bank, PNB, and YES Bank have recently hiked the interest rates of their fixed deposits (FDs). The revised interest rates will be applicable for amounts below Rs 2 crore Compare the latest FD interest ...
Read More »Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?
Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns? [ad_1] The Reserve Bank of India (RBI) has been raising the repo rate since May 2022, which has led to banks raising their deposit interest rates. Most of the banks offer an additional interest rate of .50 per cent to senior citizens over the regular fixed deposit ...
Read More »EPFO EPS Pension Last Date: Will EPFO extend last date to apply for higher pension under EPS for eligible employees?
EPFO EPS Pension Last Date: Will EPFO extend last date to apply for higher pension under EPS for eligible employees? [ad_1] With less than 12 days is all that is available for individuals to apply for higher pension under the Employees’ Pension Scheme (EPS). To add to the challenge, they would have to collect and submit a range of documents ...
Read More »NPS rule change: Uploading these documents will be mandatory for withdrawal from April 1, 2023
NPS rule change: Uploading these documents will be mandatory for withdrawal from April 1, 2023 [ad_1] In a bid to make annuity payments faster and simpler after exiting the National Pension System (NPS), Pension Fund Regulatory and Development Authority (PFRDA) has made uploading select documents mandatory for the subscribers from April 1, 2023. “In the interest of Subscribers and to ...
Read More »Rupee gains 11 paise to 82.77 against US dollar in Thursday’s early trade
Rupee gains 11 paise to 82.77 against US dollar in Thursday’s early trade The rupee gained 11 paise to 82.77 against the US dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 82.78 against the dollar and marginally rose ...
Read More »FDI equity inflow contracts 15% to $36.7 billion in Apr-Dec: Govt data
FDI equity inflow contracts 15% to $36.7 billion in Apr-Dec: Govt data Foreign direct investment (FDI) in equity during the first three quarters of this fiscal year declined 15 per cent year-on-year to $36.75 billion, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday. In all, ...
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