Mumbai: The Indian government is considering further expanding the stringent quality standards in view of the increasing imports of substandard steel from China. The decision was taken after a detailed review by the Steel Ministry in early October of the challenges faced by India's steel sector. India has become a …
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The increasing use of AI will prove to be a threat to financial stability.
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das has warned against the increased use of artificial intelligence (AI) across the world in the financial services sector and the threat posed by AI to financial stability, calling for substantial risk appetite by banks. Management measures are needed. But he insisted. …
Read More »Through QIP, 71 companies raised Rs. Raised Rs 88,678 crore
Ahmedabad: Companies have raised a record capital of Rs 88,678 crore this year through Qualified Institutional Placement (QIP). This was mainly driven by favorable valuations and cash flows from large projects undertaken by large companies. Under QIP, companies raise capital by issuing new shares to a select group of investors, …
Read More »IT keeps an eye on those making fake refund claims, TDS searches for wrong credit claimants
IT department strict against false refund filing: The Income Tax Department has now started investigating whether wrong refund claims are being filed by individual taxpayers. A standard operating procedure has also been prepared for this verification, which is systematically completed by the Income Tax Department. If more than one income …
Read More »This cheap share of Tata can go up to ₹ 190, experts said – buy it, you will earn.
13 minutes ago Business Tata Group Stock: If you are also thinking of betting on Tata Group stock, then this news is for you. Global brokerage JM Financial has recommended a buy rating on Tata Steel shares ahead of its Q2 FY 2024-2025 …
Read More »Gold and silver prices decreased even today, know the latest price of 22 and 24 carat gold
New Delhi: Today, on October 15, the prices of gold and silver have fallen. Today gold became cheaper by Rs 150 at Rs 76,026 per 10 grams and silver became cheaper by Rs 86 at Rs 90,859 per kg. Latest status of gold and silver on MCXToday, on December 5, …
Read More »No decline in retail share in F&O despite increase in STT
The government has increased the Securities Transaction Tax (STT) in the Budget to dampen the enthusiasm of retail investors in the derivatives market. The implementation of the rule has started from October 1. But from the trading volume figures of the last two weeks, it seems that this decision is …
Read More »Up to 25% discount on traveling by flight, fare reduced by this much
Flight Ticket Discount: This year, passengers traveling by air on Diwali are getting bumper discounts on flight tickets. According to a report, there has been a decline of 20 to 25 percent in tickets traveling by domestic flights. The number of passengers traveling by flight is increasing day by day. …
Read More »If you have missed booking of general and tatkal tickets then follow this sure shot method.
Indian Railway Catering and Tourism Corporation (ITCTC) provides many excellent facilities to railway passengers. Through this, you can do everything from booking railway tickets to ordering food and drinks during the journey. But, there are some such facilities of ITCTC, about which many people are not aware. Like current ticket. …
Read More »Before Diwali, this bank increased the interest rate on FD, check new rates
FD Rates: Bank of Baroda has given a gift to crores of its customers. Bank of Baroda, one of the largest government banks in the country, has increased the interest rates on FD. BOB Bank has increased the interest on certain tenure FDs by 0.40 percent. These new rates have …
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