Rupee appreciates 9 paise to 82.95 against US dollar ahead of Budget The rupee appreciated 9 paise to 82.95 against the US dollar in early trade on Thursday as market participants remained cautious ahead of the interim Budget. Forex traders said the rupee was trading in a narrow range as the strength of the American currency in the overseas market ...

Explained: How RBI ban on Paytm impacts you and your finances from 1 March The fintech company has been barred from accepting fresh deposits and carrying out credit transactions for consistently flouting RBI guidelines

UPI transactions reach a record Rs 18.41 trillion in January: NPCI data According to data shared by the National Payments Corporation of India (NPCI), January numbers were 52 per cent higher in volume compared to the same month last financial year

10-year govt bond yield could drop to 6.75% later in 2024: ICICI Bank “We feel that beyond the middle of this calendar year, by the July-September quarter, we could see the benchmark bond yield touching at least 6.75% if not lower,” said B. Prasanna

Budget 2024 highlights: Key income tax, personal finance announcements [ad_1] Union Finance Minister Nirmala Sitharaman presented the interim Budget 2024 on Thursday, February 1, 2024. This is not a full Budget, but only a vote on account. Even though this is an interim budget, there were great expectations from the FM. Let us take a look at the most important ...

Older petty tax demands to be waived [ad_1] The government has extended an olive branch to taxpayers who are still dealing with petty tax demands related to previous years. It has proposed to withdraw all direct tax demands up to Rs.25,000 pertaining to any year until 2009-10 and up to Rs. 10,000 for the years 2010-11 to 2014-15. This is ...

RBI bars Paytm Payments Bank from carrying out transactions starting Feb 29 ‘Persistent non-compliance’ by company, says order barring it from credit transactions or top-ups in customer accounts

Ugro Capital raises Rs 250 crore in debt from Asian Development Bank MSME-focused non-banking lender Ugro Capital on Wednesday said it has raised Rs 250 crore in debt from the Asian Development Bank (ADB). The funding from the developmental lender through subscribing to its non-convertible debentures will be used for on-lending. The company had raised a similar amount of debt ...

Private sector banks' Casa deposits ratio see sharper drop than PSBs The overall Casa ratio of the Indian banking system declined to 40.1 per cent from 42.8 per cent during the same period

Daughter wins health insurance claim fight against LIC after 8 years, to get Rs 1.6 lakh as against Rs 17,100 paid by the insurer [ad_1] The Life Insurance Corporation of India (LIC) was ordered by the National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 1,60,812 after an 8-year-long battle with a ‘Jeevan Arogya’ insurance policy holder. LIC Jeevan Arogya ...