Rupee appreciates 35 paise to 81.58 against US dollar in early trade The rupee appreciated 35 paise to 81.58 against the US dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 81.60 against the dollar, then touched 81.58, registering a gain ...
Read More »Blog
DA hiked by 4%: This is how much your monthly salary will increase
DA hiked by 4%: This is how much your monthly salary will increase [ad_1] The math Let us say the basic pay of a junior-level central government employee is Rs 20,000 per month. Earlier, at the rate of 34%, the central government employee was receiving DA of Rs 6,800 per month. Now after it has been hiked to 38% the ...
Read More »Public sector banks plan to establish verticals for big data, analytics
Public sector banks plan to establish verticals for big data, analytics With an aim to move toward more data-driven decision-making, public sector banks (PSBs) will create specialised verticals for big data and analytics, reported The Economic Times. The move is in response to the government’s order for financial institutions to improve data-driven, integrated, and inclusive banking. Public ...
Read More »RBI unlikely to extend card tokenisation deadline despite merchants’ demand
RBI unlikely to extend card tokenisation deadline despite merchants’ demand India’s central bank is unlikely to extend a Friday deadline for businesses to set up an additional layer of security for consumers’ credit card data even after some concerns remain over payments failing and revenue losses, say bankers and merchants. Despite a demand by smaller merchants to ...
Read More »How senior citizen can take back property given via gift deed
How senior citizen can take back property given via gift deed [ad_1] We often hear or read in newspapers that children have neglected their senior citizen parents. Many elderly parents are sent to live in old-age homes because the children don’t want to take the responsibility of taking care of them. In some extremely sad cases, the children have taken ...
Read More »Bank Holiday October 2022: Bank holidays in October 2022: Banks will be closed for 21 days in October, check the full holiday list here
Bank Holiday October 2022: Bank holidays in October 2022: Banks will be closed for 21 days in October, check the full holiday list here [ad_1] October is a festive month in India since it is marked with important celebrations and holidays. In October we have the festivals of Durga Puja, Deepawali, Laxmi Puja, Karva Chauth and many more. On the ...
Read More »Rupee within touching distance of 82/$1 as Fed talks up rate hikes
Rupee within touching distance of 82/$1 as Fed talks up rate hikes The rupee came perilously close to breaching the 82 per dollar mark on Wednesday as comments by various officials of the Federal Reserve suggested that the US central bank’s policy tightening cycle had a long way to go yet. The rupee closed at a new ...
Read More »Top 7 investment options for senior citizens who want regular income
Top 7 investment options for senior citizens who want regular income [ad_1] After retirement, senior citizens usually look for investment avenues offering fixed returns. Here are seven popular investment options that senior citizens can consider for a regular income. Some of these investments also offer income tax benefits to the investors. Senior Citizen Savings Scheme (SCSS) Government-backed Senior Citizen Savings ...
Read More »RBI’s rate setting panel starts deliberations; decision on Friday
RBI’s rate setting panel starts deliberations; decision on Friday The Reserve Bank’s rate-setting panel on Wednesday started deliberations on the keenly awaited monetary policy amidst expectation of 50 basis points hike in interest rate to check inflation and improve foreign capital inflow to arrest declining value of rupee against the US dollar. The decision of RBI Governor ...
Read More »Demat account: How to enable two-factor authentication before Sept 30 deadline
Demat account: How to enable two-factor authentication before Sept 30 deadline [ad_1] The National Stock Exchange (NSE) issued a circular for demat account holders on June 14, 2022, laying out a schedule for implementing two-factor authentication and urging them to finish the process as soon as feasible. Owners of demat accounts must enable two-factor authentication by 30 September 2022, stated ...
Read More »