Finance News

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 ...

Overnight index swap rates hint at late start to rate cuts: Traders India’s OIS market has seen ‘paying pressure’, with the impact being amplified amid unwinding of an earlier ‘received position’ by a large private bank, according to traders

Paytm crisis: Non-bank lenders explore options for loan disbursal While non-bank lenders have not terminated their contracts with Paytm, sources said that they have no visibility as to when they might be able to resume lending through the Paytm app

SC issues notice to central govt on GST anti-profiteering provisions Petitioner appeals against Delhi HC order upholding provisions; more companies may approach apex court