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Rupee appreciates 4 paise to 83.01 against US dollar in early trade The rupee rose 4 paise to 83.01 against the US dollar in early trade on Friday, tracking positive cues from domestic equity markets. Forex traders said a strong American currency and elevated crude oil prices, however, weighed on the local unit. At the interbank foreign exchange, the domestic ...

Young Indians take to SIP on financial literacy: WhiteOak MF official Ease of transactions through the digital mode, rising disposable incomes and increased financial literacy are prompting young Indians to venture into mutual funds’ Systematic Investment Plan (SIP), a top official of WhiteOak Capital Mutual Fund said. WhiteOak Capital Mutual Fund, which has 3.33 lakh investors and manages assets worth ...

NHAI removes Paytm Payments Bank from FASTag authorised service list The National Highway Authority of India’s list contain a total of 30 payment banks, scheduled commercial and small finance banks, that are authorised for FASTag services

Deferred annuity plans and guaranteed sums explained in one chart Here is how you can secure the finances you will need when you retire

RBI orders Visa to stop unauthorised B2B card payment system: Report Business-to-business payments via cards include payments by businesses to their vendors and in some cases tax payments by small units

Look for ways to stay relevant in digital era: FM Sitharaman to SPMCIL The Finance Minister was addressing the 19th Foundation Day celebrations of the SPMCIL in virtual mode

Central banks of India, Nepal sign agreement to link UPI-NPI, says RBI State-owned Central banks of India and Nepal on Thursday signed terms of reference for the integration of the Unified Payments Interface (UPI) and National Payments Interface (NPI). The Reserve Bank of India and Nepal Rastra Bank signed the terms of reference. The formal launch of the linkage or ...

Bharat Bandh announced: Are banks closed on 16 Feb, Friday? [ad_1] Amid continuous farmer demonstrations calling for the enactment of laws about minimum support prices (MSPs) and other agricultural reforms, Samyukat Kisna and the Kisan Mazdoor Morcha have unitedly called for a Bharat Bandh on February 16, 2024, as per an Economic Times report. Many services could be impacted during ...

Non-resident gets tax relief on overseas income [ad_1] Mumbai: The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India, by holding that the salary income (which includes allowances) of a ‘non-resident’ for services rendered overseas cannot be taxed in India. In this case, which was heard by the ...

ICICI Bank branch manager duped depositors of crores for years to meet targets [ad_1] An ICICI Bank branch manager and his aides managed to meet their business performance targets for years by withdrawing money out of the bank accounts of unsuspecting account holders of the branch. They withdrew this money to create an illusion of opening new FD, current and ...