Sebi allows govt stake in IDBI Bank to be reclassified as public post sale BENGALURU (Reuters) – India’s market regulator has allowed the government’s shareholding in IDBI Bank to be reclassified as “public” after its stake sale on condition that its voting rights do not exceed 15%, the lender said on Thursday. The government, with ...

Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates [ad_1] Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates [ad_2]

Rupee gains 32 paise, closes at 82.50 against dollar on weaker greenback The rupee gained 32 paise to close at 82.50 (provisional) against the US dollar on Thursday, supported by a weaker greenback overseas. Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per barrel also helped the ...

Income tax Benefits Budget 2023: Planning to buy electric car? What Budget 2023 can offer as income tax benefits [ad_1] With more than 13 lakh electric vehicles on the roads in India as of July 2022, the electric vehicle sector has been witnessing tremendous growth over the last few years. It would no longer be an exaggeration to say that ...

Bank offering best recurring deposit (RD) interest rates: SBI vs HDFC Bank vs PNB vs Yes Bank [ad_1] With a recurring deposit option, you can deposit a set amount of money each month and receive high interest. RDs can be opened in-person, online, or via mobile banking. The procedure of generating small monthly deposits under the recurring deposit plan enables ...

How to update Aadhaar address online without supporting documents [ad_1] How to update Aadhaar address online without supporting documents [ad_2]

We Founder Circle became India’s largest angel investor network in 2022 We Founder Circle (WFC), a founders’ led early-stage startup investment platform, have closed their second year with 71 startup investments in 53 unique start-ups to emerge as the largest Angel Network in India of the year 2022. The platform became one of the fastest-growing ...

Kotak Mahindra FD interest rates: Kotak Mahindra Bank increases FD interest rate by up to 50 bps on this tenure [ad_1] Kotak Mahindra Bank has hiked the interest rates offered on its fixed deposits (FDs) for amounts below Rs 2 crore. The revised interest rates on FDs are effective from January 4, 2023. The revised interest rates are applicable for ...

Rupee gains 9 paise to 82.73 against US dollar as crude prices ease The rupee appreciated 9 paise to 82.73 against the US dollar in early trade on Thursday, supported by easing crude oil prices and a firm trend in domestic equities. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted ...

Indian govt portal upgrade may halt new debt issues, says merchant bankers MUMBAI (Reuters) – Indian corporate bond issuances may come to a halt in the next two weeks as the government upgrades an online portal used by companies to file regulatory disclosures, merchant bankers have said. According to a notification from the Ministry of ...