India’s forex kitty rises by $1.727 billion to $573.727 billion: RBI data India’s forex reserves increased by USD 1.727 billion to USD 573.727 billion in the week ended January 20, the Reserve Bank of India said on Friday. This is the second consecutive week of a rise in the kitty after the USD 10.417 billion ...

Here’s why bond veteran sees India’s benchmark yield trending downwards India bond traders pricing in a rate cut this year may be disappointed, with local growth good and the US unlikely to go through a recession, according to a top official at Bank of America Corp. “In the last quarter, the swaps market is pricing ...

10-year bond yield at highest since November on Budget 2023 jitters Yields on government bonds rose sharply on Friday, with a scheduled primary auction of sovereign debt seeing tepid demand, as market participants braced for the Centre announcing a record-high borrowing programme for the next financial year. The 10-year benchmark bond yield closed at 7.39 ...

Budget 2023 should remove this anomaly to make claiming tax exemption on LTCG under section 54F easier [ad_1] What is the key to success? Invest, Earn, Reinvest. But can you reinvest what you have never received? The obvious answer is No. However, the tax laws can require you to reinvest the money you have not received; otherwise, you may be ...

Bank credit growth rises to 16.5% to Rs 132.81 trillion in Jan 13 fortnight After a slight moderation in growth in the previous fortnight, bank credit growth picked up in the fortnight ended January 13, 2023, with 16.5 per cent YoY growth to Rs 132.81 trillion, latest data released by Reserve Bank of India (RBI) showed. ...

PM Kisan 13 Instalment: How to do OTP based eKYC [ad_1] PM Kisan 13 Instalment: How to do OTP based eKYC [ad_2]

Insurance body opposes govt nominee in life and non-life councils The General Insurance Council (GIC), the grouping of non-life insurers, has opposed the move by the Finance Ministry to appoint a central government representative to the executive committees of both Life Insurance Council and GIC, as proposed in the Insurance Amendment Bill. In its written ...

The Republic of CRED is bigger and better than ever: Grab upto 75% off on emerging homegrown brands on the last day of the sale! – to use [ad_1] If you have been looking for a rewarding shopping experience this Republic Day Sale season, get your cards out and head straight to CRED! Believe it or not, some of the ...

Bajaj Finance Q3 net up 40% to Rs 2,973 cr; highest ever quarterly profit Consumer financier Bajaj Finance reported its highest ever quarterly profit at Rs 2,973 crore in the October-December quarter (Q3) of FY23, up 40 per cent year on year (YoY). The performance was aided by a healthy rise in net interest income (NII) and drop ...

What is the minimum balance that you need to keep in your savings account? [ad_1] [ad_2]