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

GDP to expand 7.2% in FY25 despite lower Q1 growth, says RBI Guv Das

GDP to expand 7.2% in FY25 despite lower Q1 growth, says RBI Guv Das

Das said agriculture should perform better during the rest of the year due to a good monsoon and aid a further pick-up in rural demand
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Star Health introduces braille insurance policy for visually impaired

Star Health introduces braille insurance policy for visually impaired

The policy is designed to address the specific requirements of individuals with disabilities of 40% or more, including physical, sensory, or cognitive impairments
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Fundamentals strong, India's growth story remains intact: RBI Governor

Fundamentals strong, India's growth story remains intact: RBI Governor

New monetary policy committee members will be appointed in time, says shaktikanta das
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

New Zealand grants part-time work rights to migrant school leavers from Oct

New Zealand grants part-time work rights to migrant school leavers from Oct

This plan, first announced in july 2024 by immigration minister erica stanford and now confirmed, aims to provide much-needed support for young migrants who have been unable to work under the current
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Step-up SIP: How does it help investors in building wealth over the years

Step-up SIP: How does it help investors in building wealth over the years

Method allows investors to increase their sip by a fixed percentage every year
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Rupee rises 4 paise to 83.97 against US dollar during early trade

Rupee rises 4 paise to 83.97 against US dollar during early trade

The rupee appreciated by 4 paise to 83.97 against us dollar in early trade on thursday supported by weakening of the american currency in the overseas market and a positive trend in domestic equities. forex traders said an overall drop in crude oil prices
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund

Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund

A monthly sip of rs. 10,000 since inception, which totals to rs 3,60,000, would have grown to rs 5,62,088, delivering an xirr of 31.23% as of 31st august 2024 as against bse 500 tri xirr of 27.08%.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Virat Kohli top taxpayer among sports stars; Sachin, MS Dhoni follow

Virat Kohli top taxpayer among sports stars; Sachin, MS Dhoni follow

'captain cool' ms dhoni, now retired from international cricket and seen only in the ipl, was the second-highest taxpayer among cricketers
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Visa or MasterCard? From tomorrow, you can choose your credit card network

The rbi issued a circular on march 6 prohibiting banks and non-bank card issuers from entering into exclusive agreements with card networks
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

South Africa to offer 90-day visa waiver for Indian tourists from Jan 2025

South africa will introduce the trusted tour operator scheme (ttos) to simplify the entry process for indian and chinese tourists
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

India's shrinking balance of payments surplus keeps rupee near record lows

Rbi has been regularly intervening in the forex markets on both sides, leading to rupee holding a narrow range
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Irdai asks insurance companies to integrate IT systems with Digilocker

According to the circular, both life and general insurers are mandated to provide an essential summary of important information at different stages of the insurance contract
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Provide more employment opportunities to women, RBI Guv Das tells banks

Reserve bank governor shaktikanta das on thursday said the financial sector can help in bridging the gender gap by providing more employment opportunities to women and creating tailored schemes for businesses promoted by them. highlighting the importance o
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Simplify your DIY portfolio management with multi-asset fund of fund

The fof fund manager picks multiple schemes, depending on the fof's mandate
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Canada to raise student work limit, but will 24 hrs be enough for Indians?

Indian students, who make up a large share of canada's international student population, may find the cap less than satisfactory
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

Study in the UK: Top universities, courses, and living costs explained

Which uk universities should you consider, what courses do they offer, and how much will it cost you to live there? here's what you must know
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-05

To boost capex, FinMin relaxes norms for expenditure exceeding Rs 500 cr

The finance ministry has relaxed norms for expenditure exceeding rs 500 crore to accelerate capex (capital expenditure) that is pegged at rs 11.11 lakh crore for the current fiscal. this will give a push to government spending which suffered a slowdown for
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Rupee drops to record low amid negative global cues, RBI support aids

Over the last month, there were several instances when the reserve bank of india intervened on both sides of the forex market to support the currency
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Delinquencies in microfinance sector may push NBFC-MFI credit cost: ICRA

Increasing delinquencies in the microfinance sector is likely to push up the nbfc-mfi credit cost to 320-340 bps in 2024-25 from 220 bps in the previous financial year, according to an icra report. non-banking financial companies microfinance institutions
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

HSBC Mutual Fund unveils new export-themed equity scheme: Check details

Hsbc india export opportunities fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

88% of Indians anticipate financial uncertainty over next 5 years: Survey

73 per cent rely on recommendations from friends and family when choosing insurance investments, 68 per cent trust their intuition
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

How to use new electronic system to resolve Income Tax disputes

E-drs system enables taxpayers to electronically submit applications for dispute resolution to the dispute resolution committees
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Motilal Oswal launches India's first 500 Momentum 50 Index fund: Details

This open-ended index fund aims to capture the performance of high-momentum stocks within the nifty 500 index
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

How scamsters tricked investors of Rs 25 cr through fake apps and stocks

The con began with scammers posting fake advertisements on social media platforms like facebook, instagram, and x (formerly twitter)
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Interest equalisation scheme for exporters extended for another month

The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for one more month till september 30 to promote the country's outbound shipments. the scheme, which provides exporters interest benefits, ended on au
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Is Canada closing its doors to more foreigners? What data reveals

In july 2024, canada turned away 5,853 foreign travellers, the highest monthly figure since january 2019
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Marriott Bonvoy HDFC credit card offers 50% discount on dining, 25% on spas

O celebrate the first anniversary of the marriott bonvoy hdfc bank credit card, marriott bonvoy is offering discounts on dining and spa treatments at over 100 participating hotels across india
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Know how to transfer Sukanya Samriddhi accounts opened by grandparents

Accounts opened by grandparents (not legal guardians) must transfer guardianship to a legal guardian or 'natural parents'
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Banks to maintain real-time fraud list, more than 3,000 entities listed

Lenders would be required to consult this list before engaging with these entities and continuously update it
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Rupee appreciates 2 paise to 83.96 against US dollar in early trade today

The rupee rose 2 paise to 83.96 against the us dollar in early trade on wednesday aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. the dollar index, which gauges the greenback's strength against a basket of six
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Malaysia raises visa fees for foreign workers by 150%: Details here

Malaysia's fee hike will impact key visa categories like the employment pass, professional visit pass, and long-term social visit pass
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Ajay Devgn leases out his office in Mumbai's Andheri for Rs 7 lakh a month

Devgn's office is situated in signature tower, and is developed by lotus developers.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

A 'unified lending interface' carries great potential, but is also risky

India's model for financial interconnectedness is based around what it calls digital public infrastructure
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

For the first time, IPL's enterprise value drops 11.7% to .9 billion

The failed merger between zee and sony has impacted market dynamics.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Star Health launches insurance policy in Braille: Check details

The new policy, 'special care gold,' is specifically designed for individuals with 40 per cent or more disability
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

OCI income tax depends on person's residency status under I-T Act

Now, let's explore what the oci status means, the investments ocis can make in india, and how they are taxed
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years

Rising awareness of financial planning has fueled a 256 per cent increase in retirement mutual fund aum in the last five years, according to a report. factors such as rising healthcare costs, increasing nuclear families, and higher life expectancy are like
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

73% Gen Z & millennials prefer off-peak travel, solo trips to Egypt: Report

From international sports events to cultural explorations, gen z and millennials are more inclined to make travel a part of their everyday lives
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-04

Sebi working on simplified rules for foreigners investing in govt bonds

Foreign investment in indian government bonds has risen sharply since september 2023, when j.p. morgan announced the inclusion of india in its debt indexes
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

What is a stock bonus; how does it benefit a company's shareholders

Companies issue bonus shares to reward investors, increase liquidity, signal financial strength
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Franklin India launches medium- to long-duration fund: Who should invest

Fund will invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills, g-secs
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Sebi cancels registration of 39 stock brokers: What investors must know

The brokers and participants affected were found not to be meeting the required registration conditions
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

BOI launches 333-Day Star Dhan Vriddhi FD, offers 7.9% interest rates

Star dhan vriddhi offers interest rates of 7.25%, 7.75% and 7.90% for general citizens, senior citizens, super senior citizens
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

New Zealand visitor visa: Why you must apply for Christmas travel by Oct 15

To avoid missing out on your planned travel dates, immigration new zealand (inz) has set some important deadlines
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

India needs faster growth for a decade to meet goals: RBI Dy Guv Patra

It's possible for india's per capita income to climb to levels required to be considered a high income or developed country, patra said
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

India home to 26 fintech unicorns with a combined market value of bn

The country has 25 unicorns (valued between billion and billion) and 37 minicorns (valued between 0 million and billion).
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

How Indians travel decoded: Kazakhstan, Azerbaijan, Bhutan new favorites

There has been a 70% increase in the combined search volume for the top 10 emerging destinations. almaty and baku have seen phenomenal growth rates of 527% and 395%, respectively.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Australia's parent visa shock: 31-year wait or pay big for faster entry?

Australia offers a few long-term parent visas that provide a quicker pathway for parents to join their children. these visas are more expensive but come with the advantage of shorter processing times
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Rising incomes may propel household asset growth, says RBI's Michael Patra

He noted that the rebuilding process has already begun, with household savings increasing from an average of 10.6 per cent between 2011 and 2017 to 11.5 per cent during 2017-2023
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

NaBFID planning to disburse bn in loans to finance projects: Official

The 20-month old financial institution, which has been created to focus on infrastructure funding, has assessed 200 projects and is planning to sanction .5 billion in loans over two years
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Aadhaar free update ends on 14 September: Check step-by-step guide

Ensure that the mobile number linked to aadhaar is the same, says uidai
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Global leader: UPI surpasses 3,700 transactions per second, up 58% on year

Unified payments interface (upi) has emerged as the world's most popular alternative payment method, with 3729.1 transactions per second in 2023, shows data analysed by global payments hub paysecure.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

UAE visa amnesty: How to replace a lost passport and avoid fines by Oct 31

The uae is offering a two-month amnesty, allowing you to regularise your status or leave the country safely without facing any financial penalties
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Quant, Nippon's BAFs: Why some MFs are paring equity despite bull run

Out of 29 bafs analyzed by value research, 14 have reduced their net equity allocation since december 2023.
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Rupee depreciates 4 paise to 83.95 against US dollar in early trade

The rupee declined 4 paise to 83.95 against the us dollar in early trade on tuesday due to a stronger greenback in global markets and weak domestic manufacturing data. a decline in the domestic equity market also contributed to the drop in the local unit,
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Medical evacuation insurance a must for your foreign travel: Here's why

Medical emergencies abroad can be costly, particularly if you need to be transported to a hospital. this is where medical evacuation insurance comes into play
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Lenders' deposit shortage could put speed limit on credit-fueled investment

The govt is making the deposit crunch worse by taxing savers aggressively, but keeping the proceeds away from the financial system. bankers are compounding the problem by not paying enough to savers
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

SIP myths debunked: When investors should step up, pause, or stop them

An sip allows investors (particularly the salaried class) to match their cash flows with their investments
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

FinMin to develop climate finance taxonomy in 6-10 months: DEA secy

Climate finance taxonomy is a set of guidelines that will help investors and institutions direct funds towards investments that will aid in tackling climate change
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

Banking system liquidity improves to 1-month high on back of govt spending

"government spending is the reason for the rise in liquidity. it might improve further but there will be some action by the rbi to manage liquidity," said indranil pan, chief economist, yes bank
Tag: Finance India    Source: business-standard.com   Dated: 2024-09-03

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