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CAG to explore new audit areas as it adopts end-to-end digital framework

Business Standard

CAG to explore new audit areas as it adopts end-to-end digital framework Comptroller and Auditor General of India will be exploring new audit areas, like extraction industries underwater and releasing more reports as the apex government auditor adopts end-to-end digital framework from this fiscal year. In a media interaction post the three-day SAI20 Summit under the Indian Presidency ...

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Fund pick: Kotak Bluechip Fund

Business Standard

Fund pick: Kotak Bluechip Fund Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer Fund pick: SBI Focused Equity Fund Fund pick: Nippon India Tax Saver Fund Fund pick: DSP Midcap Fund Fund pick: UTI Flexi Cap Fund Profit from your paradise: Enjoy vacations, earn rent in tourist hotspots Senior citizen saving scheme vs bank FD: What ...

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More than Rs 2.42 lakh crore disbursed to PM Kisan beneficiaries; when is next PM Kisan instalment due?

More than Rs 2.42 lakh crore disbursed to PM Kisan beneficiaries; when is next PM Kisan instalment due? [ad_1] PM Kisan beneficiaries are eagerly waiting to receive the 14th installment of Rs 2000 which will be transferred to the bank account of the beneficiary of the scheme. A PM Kisan beneficiary will receive Rs 6,000 per year as part of ...

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considers rule changes to bolster $731 billion

Group covers lead 22% growth in Q1FY23 health insurance premium

considers rule changes to bolster $731 billion By Saikat Das India is considering rule changes to bolster insurance penetration in the country as more companies, including foreigners, line up to enter the segment.   “Proposals for amendments to insurance laws include rationalized capital requirements, composite registration, one-time registration for intermediaries, value-added services by insurers, and sale of other financial ...

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Nris Get I-t Dept’s Queries On Investments

Nris Get I-t Dept’s Queries On Investments [ad_1] (This story originally appeared in on Jun 15, 2023) MUMBAI: A significant number of non-resident Indians (NRIs), including those in the UAE, have received notices under sections 148/148A from the income tax (I-T) department for reassessment. Details are being sought of high-value transactions like purchase of immovable property, investment in securities or ...

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What is the right strategy for you

Business Standard

What is the right strategy for you Now that interest rates are peaking, investors, especially senior citizens are looking to park their funds. Bank fixed deposits (FDs) and small savings schemes are two  low-risk investment options for those who prefer the safety of their capital. Compared to fixed deposits, which are provided by banks, small saving schemes are managed by ...

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Biggest fund manager in India expects rupee to end its five-year slide

Business Standard

Biggest fund manager in India expects rupee to end its five-year slide Pine Labs partners ICICI Bank to enable Digital Rupee on PoS terminals What’s capping rally in SBI shares despite record net profit in Q4FY23? NIM expansion, loan growth: Top 5 things to track in SBI’s Q4FY23 results The reason you must hold on to equity funds despite turbulence ...

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Corporate dollar inflows boost rupee to a one-month high; gains 27 paisa

Business Standard

Corporate dollar inflows boost rupee to a one-month high; gains 27 paisa Pine Labs partners ICICI Bank to enable Digital Rupee on PoS terminals Rupee gains on corporate investments, cheaper global oil prices Rupee at 1-month high; US data spurs bets of slower Fed rate hikes India, Bangladesh discuss trade settlement in rupee, free trade agreement Indian rupee goes digital ...

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Developed world slowdown to apply brakes on India’s remittance inflows

Business Standard

Developed world slowdown to apply brakes on India’s remittance inflows Your credit card payments overseas will attract a 20% TCS from July 1 Pace of remittance inflows has slowed for India in the past decade Outward remittance under LSR dips 28% to $1.92 bn in Oct, shows RBI data Financial inclusion, remittance cost focus areas in G20 meeting Budget 2023: ...

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US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report

Photo: Bloomberg

US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report Axis Bank shares slide 2.4% post Q4 results; what should investors do? Analysts raise Axis Bank’s earnings forecast; to track deposit growth ahead Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attrition Chinese police questions staff at Beijing office of Bain & Company: ...

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