The report also found a significant increase in transaction volumes. It grew 39% year-on-year to a total of 384 million transactions in July 2024. This increase in the number of transactions reflects the widespread popularity of credit cards as the preferred payment method among Indian users. “Credit card spend in …
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Changes in ethanol policy will boost sugar companies’ revenue, re-rating of sugar stocks: Report | News India
The government's move reverses the policies implemented in December 2023. In the previous policy, ethanol production by these methods was restricted due to the increase in sugar prices in view of the 2024 general elections. According to DAM Capital, given these changes, the ethanol blending program is expected to be …
Read More »You can get pension like UPS through NPS+EPF, let's know the complete calculation | News India
If you are starting a job in the private sector where you get a basic salary of Rs 14,000 and 10% annual increment, you can get a monthly pension by making consistent contributions to the Employees Provident Fund (EPF) and National Pension System (NPS). You can get Rs 2.9 lakh …
Read More »GST Collection in August: GST collection figures released, Rs 1.75 lakh crore came into the government treasury in August | News India
GST collection in the first five months of the year rose 10.1 per cent to Rs 9.14 lakh crore. Local revenue rose 9.2 per cent to Rs 1.25 lakh crore this month compared to last year, while import revenue rose 12.1 per cent to Rs 49,976 crore. Refunds worth Rs …
Read More »Canada gives a big shock to international students! Now they are allowed to work only for a few hours a week, how will students meet their expenses? | News India
Canada changed the rules of work: The Canadian government has come up with new rules for international students coming from other countries including India. Where Indian students are the largest group of international students in Canada. They may face many financial problems due to the new federal rule. Under this …
Read More »SEBI changes rules for derivatives segment – News India Live | News India
New Delhi, September 02 (HS). Market regulator Securities and Exchange Board of India (SEBI) has changed the rules for entry and exit of stocks in the derivatives segment. This change made by SEBI has come into effect with immediate effect. SEBI has increased the Median Quarter Sigma Order Size (MQSOS) …
Read More »UPI Circle: 5 members of a household can make payments from one account, know how the UPI Circle feature will work | News India
If there are 5 people in the house, then everyone should have a bank account. Also, everyone's personal mobile number should be linked to their bank account, in such a situation UPI payment can be made. But now users can transfer money even without an account. For example, suppose there …
Read More »Punjab Passport: So many passports are being made every hour in Punjab, you will be surprised to see the latest report, the government may lose sleep! | News India
The exodus of students from Punjab to foreign countries continues at a rapid pace. No matter what the governments say, the desire of Punjabis to go abroad is not decreasing. The desire to go abroad from Punjab is so much that about 130 passports are being made every hour in …
Read More »7 lakh cars are lined up waiting for you! Discount up to Rs 12 lakh available | News India
Car Discount Season: With the beginning of the festive season in the country, there is a tremendous jump in the sale of cars. This is the right time when you can buy a new car. We are saying this because these days different companies give discounts on their cars, which …
Read More »Railway rules: You cannot work in the train after 10 pm, know your rights | News India
Indian Railways is the fourth largest railway system in the world. Millions of people travel by Indian Railways every day. Indian Railways runs thousands of trains every day for passengers. Often when people have to travel far away. Then people prefer to travel by train.
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