Banking And Finance
8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions
The state employee organisations in Uttar Pradesh are pressing the government to hold a formal meeting to discuss the implementation of the 8th Pay Commission recommendations. The unions want their…
Dearness Allowance: Here’s the formula used to calculate your DA hike, explained
Dearness Allowance was last revised by 2% in April this year, effectively taking the component to 60% of the basic pay for central government employees and pensioners. DA for employees…
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Mumbai: Several lenders have sought clarity from the (RBI) on whether they can raise FCNR (B) deposits by extending loans to non-residents through their overseas branches, people familiar with the…
RBI mis-selling rules explained: Tricked into buying a financial product? Here’s how you can get your money back
The Reserve Bank of India (RBI) last week introduced new rules to prevent the mis-selling of financial products – such as insurance, mutual funds or loans – by banks and…
Market
Gold, silver prices today: Rates rise on MCX on value buying amid progress in US-Iran peace talks
Gold, silver prices today: Rates of gold and silver rose in the domestic futures market on Monday (22 June) morning, largely due to value buying after media reports suggested progress…
Rupee opens 4 paise lower at 94.36 against US dollar
The Indian opened 4 paise weaker at 94.36 against the US dollar on Monday, 22 June, even as easing and signs of progress in US-Iran peace negotiations continued to support…
Stocks to buy for short term: Trent, Eternal among 3 shares Anand Rathi’s Jigar Patel recommends for next 1-2 weeks
Stocks to buy for the short term: For the week ended 19 June, Nifty 50, the benchmark of the Indian stock market, clocked a healthy gain of 1.7%, supported by…
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Kotak Mahindra Bank shares on 22 June
Stock market today: Indian benchmark indices Sensex and Nifty 50 are expected to open with mild gains on Monday, supported by mixed global cues as investors assess ongoing progress in…
Market
Indian deep-tech to see funding surge amid sovereign push: Celesta’s Viswanathan
New Delhi: Indian deep-tech startups in space and artificial intelligence (AI), many of which have struggled to secure funding, are set to attract “hundreds of millions” in investment over the…
Tata Agratas inks $530-million EV battery supply pact with JLR
Agratas, the Tata group’s electric-vehicle battery arm, has signed a seven-year supply agreement worth $530 million (about ₹5,000 crore) with group company Jaguar Land Rover, beginning this fiscal year, according…
SBI looks to monetize home loan pools to boost credit as deposits lag
India’s largest lender, State Bank of India (SBI), is “seriously considering” securitizing part of its home loan portfolio, chairman C.S. Setty said in an interview with Mint, as the bank…
India’s premium RTD story is no longer a metro phenomenon
A bottle of premium Himalayan water in the outskirts of Patna. A Thai coconut jelly drink finding its fastest-growing market in Tier-2 and Tier-3 India. These are no longer isolated…
Axis
