India bond yields drop on FTSE Russell index inclusion, RBI stance shift
newsdepo.com
Global index provider FTSE Russell said it will include India's sovereign bonds in the Emerging Markets Government Bond Index from September 2025, potentially drawing billions of dollars into bonds
PMAY 2.0: Can government withdraw your loan subsidy if lapses are found?
newsdepo.com
Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme
Lenders not allowed to levy foreclosure charges on MSEs, says RBI
newsdepo.com
Analysts said that the implementation of the norms will negatively impact the income of these lenders while increasing pre-payment of loans and balance transfers
Over 3.5 mn I-T audit reports filed on e-filing portal up to Oct 7: FinMin
newsdepo.com
The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7.
The income tax department had extended the dat
With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.
Looking for alternatives to invest in gold? Groww MF floats new ETF
newsdepo.com
The Groww Gold ETF aims to mirror the local price of physical gold, providing investors with the opportunity to invest in gold bullion with a purity of 99.5%
Deal-making in India hits new high: M&A and PE lead the way, telecom tops
newsdepo.com
Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.
Over 10 mn women registered under Subhadra Yojana: Odisha dy CM Parida
newsdepo.com
Odisha Deputy Chief Minister Pravati Parida on Tuesday said more than one crore women have registered themselves under the Subhadra Yojana, a financial assistance scheme launched by the BJP government in the state.
Prime Minister Narendra Modi had inaugurate
Physical, digital financial services to co-exist in India: SBI chairman
newsdepo.com
On the emergence of the co-lending model in India, he said it is an essential mechanism which was initially meant for establishing connections with the last mile
Rates on hold but RBI MPC gets battle ready for economy as Omicron looms
newsdepo.com
Committee meeting kept policy stance accommodative as Jayanth Varma opposed, but the central bank later worked on raising money market rates through VRRR.
'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das
MPC minutes: Monetary policy set to get more challenging globally, says Das
newsdepo.com
While the Indian economy is on its way to achieve the projected growth of 9.5% in 2021-22, there are still significant areas of concern, says RBI Governor
Rupee gains 11 paise to 75.48 against US dollar in early trade
newsdepo.com
The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade on Wednesday, tracking a positive trend in domestic equities.
However, rising crude prices in the international market and continued foreign fund outflows restricted the local uni
Indian Rupee jumps 31 paise to end at 75.59 against US dollar
newsdepo.com
At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day's trade
As global funds shun India, rupee turns into worst currency in Asia
newsdepo.com
The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.
The EPFO provides provident fund, pension benefits to the members on their retirement and family pension & insurance benefits to their families in case of untimely death of the member
RBL Bank raises Rs 5.20-cr fund via CSR initiative for inclusive education
newsdepo.com
RBL Bank on Monday said it had raised Rs 5.20 crore through a corporate social responsibility initiative focused on cycling in a bid to support education of underprivileged and special-needs children
The deadline for filing IT return is drawing close. Many wait till the last moment to finish the exercise, but that is not advisable. Find out the different categories of ITR forms that taxpayers fill
IFSCA sets up panel for creating framework for transfer of stressed loan
newsdepo.com
The International Financial Services Centres Authority on Friday sets up a committee for creating a framework for transfer of stressed loans from domestic lenders to financial institutions in IFSC.
