Saturday, Jun 03, 2023
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Pakistan

Pakistan Allows Barter Trade With Russia, Iran And Afghanistan

It stated that authorised agents will submit applications through FBR’s online portal to initiate trade.

03 June 2023

Claim Exemption Under Section 54F For LTCG On Sale Of Asset Other Than Residential House

One can save long-term capital gains up to Rs. 50 lakh by investing in bonds of specified financial institutions within six months from date of sale of asset. Amount transferred to wife’s account may either be treated as...


Indian Overseas Bank.

RBI Imposes Rs 2.2 Crore Penalty On Indian Overseas Bank

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, RBI said


RBI T-Bill And Bond Auction Update: Yields See A Downtrend As RBI's Repo Rate Hike Prospects Wane

The government bond curve is expected to steepen as the 10-year bond yield is slowly increasing due to supply factors, says expert

03 June 2023

How Does Smoking Affect Your Health Insurance Premiums

Health insurance companies ask customers to mention in their application forms if they are a smoker and, if yes, the duration. They may also have to state if they are a compulsive smoker.


SBI Life Insurance

SBI Life To Takeover Liabilities Of 2 Lakh Policies, Assets Of Sahara India Life Insurance: IRDAI

The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC

02 June 2023

EAM S Jaishankar

BRICS Expansion Still Work In Progress: EAM Jaishankar

There are many aspects to it. One part of it is to consolidate how the existing BRICS members are working with each other.

03 June 2023

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OTT Platforms

OTT Platforms To Challenge Health Ministry’s Tobacco Rules: Report

Streaming majors Netflix, Amazon and Disney held a private meeting on Friday to discuss potential legal and other methods to block India’s new tobacco warning guidelines

02 June 2023

02 June 2023
India’s Forex Reserves Decline By $4.34 Billion to $589.14 Billion

India’s Forex Reserves Decline By $4.34 Billion to $589.14 Billion

India's Forex Reserves had reached an all-time high of $645 billion in October 2021


02 June 2023
Average Time Taken For Issuing I-T Refunds Reduced To 16 Days In 2022-23: CBDT Chairman

Average Time Taken For Issuing I-T Refunds Reduced To 16 Days In 2022-23: CBDT Chairman

CBDT Chairman Nitin Gupta said the work of processing Income Tax Returns (ITRs) has been "expedited" as the tax department is leveraging technology in a big...


02 June 2023
SEBI Takes Steps To Boost Liquidity In RFQ Platform

SEBI Takes Steps To Boost Liquidity In RFQ Platform

Sebi on Friday came out with guidelines for transactions in corporate bonds through Request for Quote (RFQ) platform by stock brokers in order to increase...


02 June 2023
Coal India Share Sale Over-Subscribed, Govt To Get More Than Rs 4,000 crore

Coal India Share Sale Over-Subscribed, Govt To Get More Than Rs 4,000 crore

Coal India OFS is the maiden government stake sale of a public sector undertaking in this financial year


02 June 2023
Zomato Shares Settle 4% Higher After ONDC’s Incentive Revision

Zomato Shares Settle 4% Higher After ONDC’s Incentive Revision

Shares of Zomato ended 4.71 per cent higher at Rs 71.15 on NSE on Thursday. ONDC has revised its incentive scheme for network participants to reduce the...


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02 June 2023
Go First Submits 6-Month Revival Plan To DGCA: Report

Go First Submits 6-Month Revival Plan To DGCA: Report

DGCA had asked the airline on May 24 to submit a revival plan within 30 days


02 June 2023
IRDAI Draft Guidelines For Bima Vahaks: A Promising Initiative For Insurance Inclusion And Awareness

IRDAI Draft Guidelines For Bima Vahaks: A Promising Initiative For Insurance Inclusion And Awareness

The IRDAI has issued draft guidelines for Bima Vahaks, a new initiative aimed at enhancing insurance inclusion and awareness across India. .


02 June 2023
Pakistan's Inflation Rises To Record 37.97 Per Cent

Pakistan's Inflation Rises To Record 37.97 Per Cent

Pakistan, currently in the throes of a major political as well as economic crisis, is grappling with high external debt, a weak local currency and dwindling...


02 June 2023
GAIL Infuses Rs 2,100 Crore In JBF Petrochemicals

GAIL Infuses Rs 2,100 Crore In JBF Petrochemicals

In a stock exchange filing, GAIL (India) Ltd said it has "infused Rs 2,101 crore (equity - Rs 625 crore and debt - Rs 1,476 crore)" in the committed bankruptcy...


02 June 2023
Adidas Ends Lawsuit Seeking Freeze On $75 Million Held By Yeezy

Adidas Ends Lawsuit Seeking Freeze On $75 Million Held By Yeezy

Adidas had ended the partnership with Yeezy in October last year


02 June 2023
Nepal Prime Minister Seeks Indian Investments In Mining, Agri, Energy, Hospitality, IT

Nepal Prime Minister Seeks Indian Investments In Mining, Agri, Energy, Hospitality, IT

Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' said that abundance of natural resources, large pool of human capital, a promising market with sound...


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02 June 2023
Green Deposits: All You Need To Know

Green Deposits: All You Need To Know

Discover the power of green deposits as the Reserve Bank of India (RBI) introduces guidelines to mobilize funds for renewable energy, green transport, and...


02 June 2023
Sri Lanka Economy Shows 'Tentative Signs Of Improvement': IMF

Sri Lanka Economy Shows 'Tentative Signs Of Improvement': IMF

Sri Lanka’s bankrupt economy has shown "tentative signs of improvement," said International Monetary Fund Deputy Managing Director Kenji Okamura on Thursday...


02 June 2023
US, Taiwan Sign Trade Deal Over China's Opposition

US, Taiwan Sign Trade Deal Over China's Opposition

The two governments say the U.S.-Taiwan Initiative on 21st Century Trade will strengthen commercial relations by improving customs, investment and other...


02 June 2023
IndiGo To Start Flights To Six Destinations In Africa, Central Asia

IndiGo To Start Flights To Six Destinations In Africa, Central Asia

Embarking on "massive" international expansion plans, IndiGo will connect Nairobi in Kenya and Jakarta in Indonesia, with direct flights from Mumbai in late...


02 June 2023
3 Fixed Deposit Schemes Offering Seniors 7.5% Or More, Closing On June 30

3 Fixed Deposit Schemes Offering Seniors 7.5% Or More, Closing On June 30

Although some banks have reduced their fixed deposit rates of late, senior citizens can still lock FDs at 7.5 per cent or above. Let us look at some of the...


02 June 2023
NSE, BSE Remove Adani Enterprises From Short-Term ASM Framework

NSE, BSE Remove Adani Enterprises From Short-Term ASM Framework

Adani Enterprises' securities are to be excluded from the short-term ASM framework effective from June 2, NSE and BSE said in two separate circulars on Thursday


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