HDFC Bank raises loan interest rates; EMIs to rise further [ad_1] Private sector lender HDFC Bank has hiked its marginal cost of funds-based lending rates (MCLR). The new loan interest rates are effective from February 7, 2022, as per the bank’s website. HDFC Bank has hiked MCLR by up to 10 basis points (bps). According to the bank website, the ...

Motilal Oswal arm announced to invests Rs 400 crore in Pan Heathcare A Motilal Oswal arm on Tuesday announced a Rs 400 crore investment in Rajkot-based hygiene products maker Pan Healthcare for a minority stake. The company established in 2016, which manufactures diapers and sanitary napkins, will use the funds for brand building and ramping ...

AsthaTrade makes equity intraday brokerage free for stock market traders and investors [ad_1] AsthaTrade, a SEBI-registered brokerage firm with 1.5 lakh clients, has announced free equity intraday trading for new Demat account holders. This sets them apart from other brokers who only offer free brokerage for delivery trades. The company has also launched ‘9:15 Mania’ offering benefits such as a ...

D2C firm Mensa Brands raises Rs 300 crore debt from TradeCred Direct-to-consumer (D2C) firm Mensa Brands on Tuesday said it has raised Rs 300 crore debt from TradeCred. The funds will be used for new brand acquisitions as well as brand growth, including product development, supply chain integration, and working capital investment, the company said ...

How to claim tax rebate under Section 87A| EconomicTimes [ad_1] Step 2 Deduct all the deductions that you are eligible for. In FY 2022-23, an individual is eligible for Section 80CCD (2) for employer’s contribution to the employee’s NPS account. From FY 2023-24, a salaried employee is eligible for a standard deduction of Rs 50,000 as well. [ad_2]

PhonePe launches cross-border UPI payments service, says it’s India’s first PhonePe said on Tuesday it has launched a service that will allow the fintech firm’s Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI). ‘UPI international’ supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR ...

PPO number: How to download Pension Payment Order number from Digilocker [ad_1] The Pension Payment Order (PPO) number is a crucial number for pensioners and those who are nearing retirement. This number will be required to receive pension, as the PPO number is a special 12-digit number. Furthermore, it’s crucial to include your PPO number when filing your life certificate ...

RBI MPC Meet Expectations: Will home loan borrowers get a break from rising interest rates in this RBI February MPC meet? [ad_1] Will home loan borrowers get relief from back-to-back interest rate hikes? The Reserve Bank of India (RBI) is expected to go for a smaller hike in lending rates in its February Monetary Policy, believed experts. Softening inflation and ...

Rupee gains 10 paise to 82.66 against US dollar on weaker greenback The rupee appreciated 10 paise to 82.66 against the US dollar in early trade on Tuesday on the back of a positive trend in domestic equities and relatively weaker greenback. However, foreign capital outflows restricted the gain in the domestic unit, forex traders ...

Rupee set for muted open; US yields soar, 82.90 per dollar level in focus By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open little changed to the dollar on Tuesday with a focus on surging Treasury yields and a crucial support level. The non-deliverable forward suggests that the rupee will ...