Mumbai: Jana Small Finance Bank (SFB) on Tuesday said that the Reserve Bank of India (RBI) has returned its application to transition into a universal bank, citing non-fulfilment of the…
Category: Economy
Earn In Crores, Still Pay Zero Tax? Only State In India Where Residents Are Exempt From Paying Income Tax
The northeastern state of Sikkim is the only state in India where residents are exempt from paying income tax. Sikkim’s income tax exemption is based on the state’s merger treaty…
Chhath Puja Festival Witnesses Trade Worth Over Rs 50,000 Crore: CAIT
New Delhi: The grand festival of Chhath Puja generated trade worth more than Rs 50,000 crore nationwide, according to the Confederation of All India Traders (CAIT) on Tuesday. CAIT’s assessment,…
India Post Offering Chhath Puja Subsidy Of Rs 20,000 Via Lucky Draw? Here’s All You Need To Know
New Delhi: A viral message is doing the rounds in social media, claiming that the postal department is giving Chhath Puja Subsidy of Rs 20,000 via lucky draw. PIB Fact…
30,000 Corporate Job-Cuts In Amazon; E-commerce Giant’s Biggest Lay Off Since 2022
New Delhi: In its biggest layoff in three years, Amazon is set for another major job cut spree in a bid to tighten costs and bring pre-pandemic overhiring balance. The…
MCX Faces Technical Glitch; Commodity Exchange Trading To Begin At 9:30Am Instead Of 9Am
New Delhi: Multi Commodity Exchange of India Ltd has informed users that the trading bourse is facing technical glitch. This will delay the trading hours on MCX. The trading bourse…
Bank Holiday Today: Are Banks Closed For Chhath Puja Sandhya Arghya On October 28? Find Out
New Delhi: Banks in a couple of states in India will remain closed on October 28 in observance of Chhath Puja. While some regions have a two-day banking holiday, in…
SBI Just Deducted Rs 236 From Thousands Of Accounts — Check If You’re Affected
New Delhi: Many State Bank of India (SBI) customers were surprised recently to see Rs 236 deducted from their savings accounts. If you’ve noticed the same, don’t worry — it’s…
India’s Economy Poised For Strong FY26 Growth Amid Policy Reforms And Stable Inflation: Finance Ministry
New Delhi: India’s economy continues to gather pace, with recent government reforms and monetary measures expected to sustain growth momentum while keeping inflation in check, according to the Monthly Economic…
Big NPS Update: Govt Employees Get LC-75 And BLC Options With 75% Equity Limit
New Delhi: The Central government has introduced new investment options for its employees under the National Pension System (NPS) and the Unified Pension Scheme (UPS). These new options — Life…