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Past articles by Business:
Budget 2023: Here Are 5 Expected Income Tax Announcements
Budget 2023: Here Are 5 Expected Income Tax Announcements; analysts are expecting an increase in the income tax exemption limit, apart from higher deduction limits → Read More
No Need For Extra 1.6% Contribution On Salary Above Rs 15,000 For Higher Pension: SC
Employees who have not exercised the option to join the pension scheme must do so within six months → Read More
Economist Who Predicted 2008 Financial Crisis Warns About 'Long, Ugly' Recession
Nouriel Roubini's warning comes after the US along with all major economies is seeing high rates of inflation → Read More
Rakesh Jhunjhunwala says Confident About Aviation Sector; Bullish on PSU Banks, Hospitals
In a recent interview, Big Bull Rakesh Jhunjhunwala said that he continues to remain bullish on domestic stock markets. Know what are the sectors the ace investor is betting big on → Read More
ICICI Bank Hikes Interest Rates On Fixed Deposits; Check New FD Rates
ICICI Bank Hikes Interest Rates On Fixed Deposits; Check New FD Rates; The new rates have become applicable on deposits between Rs 2 crore and Rs 5 crore, effective August 9 → Read More
Delhi-NCR Is 10th Most-Expensive Commercial Realty Market in Asia-Pacific: Knight Frank
Hong Kong SAR continues to be Asia's most expensive office market with an annual rent of $175.4/sqft per year → Read More
Cabinet Clears Rs 1.64-Lakh-Crore Revival Package For BSNL: Telecom Minister
Telecom Minister Ashwini Vaishnaw on Wednesday said the Union Cabinet has approved a 1,64,000-crore revival package for BSNL. It, which will be utilised to de-stress the state-owned telecom company's balance sheet, is aimed at expanding BSNL's fibre reach and improving the quality of the company's services → Read More
Govt To Remain On Course For 6.4% Fiscal Deficit During Current Financial Year
The government aims to remain on course for a 6.4 per cent fiscal deficit in the current financial year 2022-23. Higher than budgeted nominal GDP will adjust for additional spend, sources told CNBC-TV18. They said the deficit quantum might be higher but 6.4 per cent is achievable → Read More
Aadhaar Update: UIDAI Cancels 6 Lakh Fake Aadhaar Numbers; Check if Your Aadhaar Card is Real
Aadhaar Update: UIDAI Cancels 6 Lakh Fake Aadhaar Numbers; Check if Your Aadhaar is Real; Minister of State in Electronics and Information Technology Rajeev Chandrasekhar also said that the provision of verifying Aadhaar with face recognition has also been implemented. → Read More
SBI Hikes MCLR Rates By 10 Basis Points; Loans, EMIs To Get Costlier
State Bank of India (SBI) has raised its marginal cost of lending rate (MCLR) on loans by 10 basis points, effective Friday (July 15). The move follows the similar move by several other lenders against the backdrop of repo rate hikes by the Reserve Bank of India (RBI) to control inflation in the country → Read More
DA Update: Govt Employees' Salary May Increase Next Month As DA Likely To Be Revised Upwards
Central government employees are expected to get a hike in their salary next month as the Centre is likely to raise the dearness allowance (DA) by 3 per cent, according to media report. The DA is expected to increase as inflation remains high for a few months → Read More
Retail Inflation Eases to 7.01% In June, Still Above RBI's Target Band
India Retail Inflation Eases to 7.01% In June, Still Above RBI's Target Band, what is retail inflation, Inflation in rural areas stood at 7.09 per cent during June 2022, while that in urban areas was 6.92 per cent → Read More
Petrol, Diesel to Become Cheaper in Maharashtra as CM Shinde Announces VAT Cut on Fuel
VAT in Maharashtra: Maharashtra Chief Minister Eknath Shinde on Monday said the state government will reduce value-added tax (VAT) on petrol and diesel. A decision to reduce VAT on fuel will be taken in the state Cabinet, Shinde informed the Legislative House, while replying to a debate after he won the floor test → Read More
Rupee Falling Streak: Experts Feel Indian Currency May Hit 80 Per Dollar In 9 Months
As the Indian market has been witnessing continuous outflows of foreign investments, the rupee has hit its record lows multiple times in the past few months. The rupee's fall, apart from FPI outflows, has been attributed to the rising dollar index and costlier crude oil → Read More
Kotak Mahindra Bank FD Interest Rates Hiked for These Tenors: Check Latest Rates Here
Kotak Mahindra Bank FD Interest Rates Hiked for These Tenors: Check Latest Rates Here ; The Kotak Mahindra Bank FD rates have come into effect already, whereby senior citizens can avail better returns. → Read More
Core Sector Output Grows At 18.1% in May; Cement, Coal, Fertilisers, Electricity Record High Growth
Eight infrastructure sectors grew 18.1 per cent (provisional) in May as compared with the year-ago month. In the previous month of April 2022, the output of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- had expanded by 8.4 per cent → Read More
PPF, NSC, Other Small Savings Schemes Interest Rates Kept Unchanged For July-September
Interest rates on small savings schemes: The central government on Thursday decided to keep interest rates unchanged on small savings schemes, including Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme or Public Provident Fund, for the July-September 2022 quarter. → Read More
Govt Likely to Consider Proposal of Reform in Domestically Produced Crude Oil: Sources
Govt Likely to Consider Proposal of Reform in Domestically Produced Crude Oil: Sources; This comes against a backdrop of India producing historically low amounts of crude oil in decades. → Read More
Zomato's Board Approves Acquisition of Blinkit for Rs 4,447 crore
Zomato-Blinkit deal: Food aggregator Zomato's board on Friday approved the acquisition of quick commerce start-up Blinkit in an all-stock deal for a total purchase consideration of Rs 4,447 crore → Read More
Kellogg To Split Into 3 Companies: Snacks, Cereals and Plant; Board Approves Plan
US-based food giant Kellogg on Tuesday said its board has approved a plan to split the company into three entities. The new companies, whose names will be determined later, will be focused on snacking, cereals, and plant separately → Read More