Finance India NEWS. Stock Market NEWS Updated Daily

Finance India NEWS. Stock Market NEWS Updated Daily

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Finance India NEWS. Stock Market NEWS Updated Daily

Tax refunds via common email, mobile ID face scrutiny: Key actions to take

Tax refunds via common email, mobile ID face scrutiny: Key actions to take

Income tax department's internal says that only high risk refund cases will be investigated
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Save up to Rs 1 lakh! Credit cards offer festive discounts and deals

Save up to Rs 1 lakh! Credit cards offer festive discounts and deals

Bobcard's festive offers span e-commerce platforms, electronics, travel, and grocery shopping
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Bandhan MF NFOs bet on high-risk undervalued stocks, top performers

Bandhan MF NFOs bet on high-risk undervalued stocks, top performers

These open-ended schemes will track the nifty 500 value 50 index and nifty 500 momentum 50 index, respectively
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Baroda BNP Paribas launches fund tracking Nifty Midcap 150: What to know

Baroda BNP Paribas launches fund tracking Nifty Midcap 150: What to know

An exit load of 0.2 per cent will apply if shares are redeemed on or before seven days from the date of allotment; the exit load will be nil if redeemed after seven days
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Lending platform Biz2X crosses Rs 9,000 cr mark in loan disbursements

Lending platform Biz2X crosses Rs 9,000 cr mark in loan disbursements

Biz2x, a digital lending saas platform and subsidiary of biz2credit, on tuesday said it has surpassed rs 9,000 crore mark in loan disbursements. one of the company's key growth drivers is its ai-integrated digital lending platform, digikred, which plays a
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Canadian Pension Funds continue investing in India amid diplomatic tensions

Canadian Pension Funds continue investing in India amid diplomatic tensions

From 2013 to 2023, about 57% of canadian pension funds' investment flows in india were in real estate (more than c.8b), financial services (more than cb), and industrial transportation
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

'Be very careful': UK colleges warn amid 16% drop in foreign student visas

'Be very careful': UK colleges warn amid 16% drop in foreign student visas

Between july and september 2024, 263,400 sponsored study visa applications were submitted
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

SBI MF launches Consumption Index Fund: All you need to know

SBI MF launches Consumption Index Fund: All you need to know

Rise in per capita income expected to result in higher purchasing power, said sbi mutual fund
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Marriott Bonvoy HDFC Bank Credit Card: 5 times reward points on every spend

Enjoy 5x points on your favourite categories - hotels, travel, dining, and entertainment. offer valid till 30 november
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Bank of Baroda's new fixed deposit scheme offers rates of up to 7.9%

As a part of the festive campaign, the bank has increased interest rates in the above 3 year to 5 year bucket by 30 basis points (bps) - from 6.50% p.a. to 6.80% p.a
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Planning a Bali trip? Breaking visa rules could lead to 20 years in prison

To enforce the new visa regulations, the indonesian department of immigration has launched "operation jagratara"
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Rupee pinned near all-time low of 84.07 as regional currencies decline

The rupee is down by about 0.3 per cent this month, but has fared better than its regional peers
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

RTGS in USD, Euro, British pound: How RBI proposal will help Indians

Money transfer facility's expansion could be achieved through bilateral or multilateral arrangements
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

40,000 Indians vie for 1,000 spots in Australia's new work visa ballot

The working holiday maker visa allows indian nationals aged 18 to 30 to live, work, and travel in australia for up to 12 months
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Betting on private banks: What mutual funds bought and sold in Sept 2024

Hdfc bank, m&m, axis bank, maruti suzuki, icici bank, and samvardhana motherson were among the top-performing stocks in terms of value increase.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

Term insurance for self-employed: Get 10-15X cover, add premium waiver

Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. this complicates underwriting
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

50 new payment apps keen on joining UPI despite zero MDR: NPCI MD & CEO

At present, most upi debit transactions continue to remain free, with payment-processing expenses borne by fintechs and banks
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-15

PM internship scheme to bridge employability gap: FM Nirmala Sitharaman

Overall, over 91,000 opportunities have been posted on the internship portal, and 155,000 applicants have registered to apply
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

RBI imposes Rs 28.30 lakh penalty on SG Finserve for non-compliance

The reserve bank of india on monday said it has imposed a penalty of rs 28.30 lakh on sg finserve limited, formerly known as moongipa securities, for non-compliance with specific conditions under which the company was issued the certificate of registration
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Travel insurance: Get pre-existing ailments covered by paying extra premium

Non-medical coverage includes trip cancellations, curtailments, flight delays, missed connections, and loss of checked-in baggage, passports, and other important documents
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Bombay HC seeks response from revenue dept in Maharashtra ITC rule case

During the initial stage of developing the pharmaceutical product, the petitioner (enzene biosciences) had incurred a lot of expenditure
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Retirement funds or equity funds: Which is better for you?

A retirement fund is suitable for long-term goals such as saving for retirement. however, if you are targeting growth and comfortable with higher risk, then you can invest in equity funds
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Payments major PhonePe launches firecracker insurance policy for Diwali

The plan can be purchased on the phonepe app and provides coverage to families by insuring up to four family members, including the user, their spouse, and up to two children
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Over-reliance on AI may pose financial stability risks: RBI Governor

Feasibility of expanding rtgs to settle transactions in usd, euro, gbp can be explored
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

ICICI Bank credit card rules change from Nov 15 on lounge access, spends

The bank has however reduced the spend threshold for annual fee from rs 15 lakh to rs 10 lakh for 'emeralde' and 'emeralde private' credit cards
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

What should your equity, fixed income portfolio look like? Motilal answers

Mopw reiterates their view to have a duration bias in the fixed income portfolio so as to capitalize on the likely softening of yields in the next 1-2 years
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

RBI pitches for reducing cost, time of cross-border overseas remittances

Reserve bank governor shaktikanta das on monday made a case for reducing time and cost of overseas remittances, which are important for developing economies including india. according to the world migration report 2024 released by the international organis
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Flats for Rs 3.5 cr: 340 homes sold out on Dwarka Expressway for Rs 825 cr

Dwarka expressway connects gurugram in haryana with delhi's dwarka suburb and indira gandhi international airport.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Heavy reliance on AI can lead to concentration risks, says RBI governor

Banks have to ride on the advantages of ai and bigtech and not allow the latter to ride on them, says das
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Index funds beat sectoral: 27 new schemes collect over Rs 14,000 cr in Sep

September saw the launch of 13 new index schemes, collectively attracting rs 3,656 crore
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Feasibility of expanding RTGS to settle transactions can be explored: Das

Divergence in global monetary policies can be expected to lead to volatility in capital flows and exchange rates, which may disrupt financial stability, says das
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Rupee drops to lifetime low of 84.07 on high dollar demand by foreign banks

The rupee has remained under pressure this month due to sustained outflows from local equities
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Pensioners aged 80 & above can submit annual life certificate in October

All pensioners are required to submit a 'life certificate' or 'jeevan pramaan patra' in november to receive their monthly share
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

New health cover for senior citizens: Is Ayushman Bharat PM-JAY enough?

. for seniors who can afford it, combining pm-jay with a private health insurance plan can provide comprehensive coverage and flexibility in choosing healthcare providers.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-14

Upper limit for LIC's new endowment plan reduced to 50 years from 55 years

The revision is effective october 1, 2024, 'lic new endowment plan-914' is a participating endowment plan that offers the dual benefit of protection-cum-savings plan
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-13

Centre releases finance commission grant for RLB's in Andhra, Rajasthan

The union government has released the first instalment of the 15th finance commission grants for 2024-25 to rural local bodies (rlbs) in andhra pradesh and rajasthan, the panchayati raj ministry said in a statement. andhra pradesh has received untied grant
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-12

Forex reserves breaks 7-week rising streak, stand at 1 bn as of Oct 4

In the period for which the forex reserves data pertains, the rupee had logged its worst week since may and had slipped 0.3% week-on-week
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Life insurance firms report 14% growth in new biz premiums in September

In h1, new business premiums of life companies was up 19% yoy
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Motilal Oswal NFO: This thematic fund is for tech-savvy high-risk investors

The motilal oswal digital india fund is an open-ended equity scheme targeting sectors such as technology, telecom, media, entertainment, and related industries
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Profitability of small finance banks likely to decline in FY25, says CRISIL

The profitability of small finance banks, measured in terms of return of assets (roa), will moderate around 40 basis points to about 1.7 per cent this fiscal from 2.1 per cent in last financial year due to lower net interest margins (nim) and higher credit
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Improve payment systems' accessibility for disabled persons: RBI to banks

The reserve bank of india on friday asked banks to review their payment systems to ensure easier accessibility to persons with disabilities. all sections of the population, including differently-abled persons, are increasingly adopting digital payment syst
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Online gaming scams: Small bets win, big bets lose - how they work

With the rise in sports betting apps, scammers have found new ways to target unsuspecting bettors
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Edelweiss launches Nifty500 Multicap Momentum Quality 50 Index Fund and ETF

The index selects the top 10 large-cap, 15 mid-cap, and 25 small-cap stocks from their respective universes
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

NFOs galore: WhiteOak Capital launches ESG fund, but is it worth it?

The fund will utilize its proprietary framework to assess companies on their corporate governance practices.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Canada invites 1,000 foreigners via Express Entry: But here's the catch

The express entry system is a faster and more streamlined process for those looking to move to canada
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Star Health breach: Beware, your Aadhaar, PAN, password leak risk fraud

The star health insurance breach is just one in a series of recent data breaches affecting millions of people in india
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Rupee breaches 84 mark against US dollar as FPIs pull out of equities

The us cpi data came higher than expected which weighed on the sentiments on the foreign exchange trader
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Mirae Asset launches Nifty 50 and LargeMidcap 250 Index Funds: Details here

He new fund offer (nfo) for mirae asset nifty 50 index fund and mirae asset nifty largemidcap 250 index fund open on october 10, 2024, and closes on october 18, 2024.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Data shows Indians prefer credit over debit for high-value transactions

The average ticket size (ats) for all cards in the first half of 2024 was rs 2629, a 2% increase from the first half of 2023.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

US November 2024 visa bulletin: India's family-based dates advance

While all employment-based categories remain unchanged in us november 2024 visa bulletin, there are updates in the family-sponsored visa categories for indian applicants
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Looking to invest? Hybrid and multi-asset funds are your best bet

Key recommendation for new investor for lump-sum remains hybrid/ fof and multi asset allocation schemes which can be opportunistic in reducing equity exposure or moving to other attractive asset class
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Funds for foreign trip; translation as career: Top personal finance stories

This week we report on how to manage finances when you are in a foreign country and how you can earn by translating literature
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Festive car loan offers: Compare lender cost; higher rates may offset perks

Besides negotiating a good deal on the car, buyers must secure a favourable loan offer
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Amicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits

Private equity firm amicus capital on friday announced that it has invested rs 125 crore in equirus group, a late rakesh jhunjunwala-backed financial services firm, for an undisclosed stake. the investment is a combination of primary and secondary purchase
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

US continues to be largest source of FDI in India: RBI annual census

The us continued to be the largest source of fdi in india, followed by mauritius, singapore and the uk, according to an annual census of the reserve bank of india. out of the 41,653 entities, which responded in the latest census, 37,407 reported foreign di
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

RBI asks banks to use info from all relevant sources for risk assessment

The reserve bank of india on thursday asked banks, nbfcs, and other entities regulated by it to use information obtained from all relevant internal and external sources for their risk assessment exercise. reserve bank's regulated entities (res) have to car
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-10

Term insurance purchases spike 50% among Indian millennials, self-employed

A person is considered self-employed if he or she works with his or her own set-up, or employs people for own ventures
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-10

Income Tax audit deadline extended to Nov 10: Know who benefits from step

The extension is due to cases where trusts, institutions, and funds failed to file the audit report in the correct form, according cbdt
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-10

UPI transactions volume increases 52% to 78.97 bn in Jan-Jun: Report

Indian instant payment system unified payment interface (upi) transaction volumes recorded a 52 per cent year-on-year surge to 78.97 billion in the first six months of 2024, according to a report. in its india digital payments report for the first half of
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-10

Equity mutual fund inflow marks 10% decline to Rs 34,419 cr in Sep

Equity mutual funds attracted rs 34,419 crore in september, marking a decline of 10 per cent from the preceding month, on a sharp slump in inflow in thematic funds and large-cap. the latest flow also marks the 43rd consecutive month of net inflows in equit
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-10

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