look news india
5 mins ago Business Changes in EPFO rules: There is good news for the employed people. The Employees' Provident Fund Organization (EPFO) has changed the Group Life Insurance (GIS) rules for employees employed after 1 September 2013. This change in the Provident Fund …
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Discussions between Indian ministries on increasing steel imports from China
18 mins ago Business India's steel and commerce ministries are discussing rising steel imports, particularly the influx of cheap Chinese steel products. The deal comes amid concerns expressed by top producers over high imports. According to government data, India became a net steel …
Read More »SEBI increases basic demat account limit from Rs 2 lakh to Rs 10 lakh
Market regulator Securities and Exchange Board of India (SEBI) has increased the limit of Basic Service Demat Account (BSDA) from Rs 2 lakh to Rs 10 lakh to increase the participation of small investors in the stock market. SEBI said, the new directive will come into effect from September 1. …
Read More »India's encouraging action to curb black money
New Delhi: The Financial Action Task Force (FATF), the global watchdog to curb money laundering, has said that India has achieved a high level of technical compliance with its guidelines. But it should do more to implement preventive measures and strengthen supervision in some non-financial sectors. In a brief statement, …
Read More »Banks expect loan growth to be more than 15 percent in the current financial year
Mumbai: Banks' loan growth is estimated to be 15.40 per cent in the current financial year. The growth of unsecured and NBFC loans has slowed down in the last few months after the Reserve Bank increased the risk weight of unsecured loans and loans to non-banking finance companies (NBFCs) in …
Read More »The era of funding in startup companies has changed, now they are moving towards IPO
New Delhi: The funding phase for startup companies in India is changing. As the overall funding trend is increasing, the deal size is getting bigger. However, now there is an increased interest in late stage startups. Many of these are moving towards initial public offerings (IPOs). The record rally in …
Read More »Dollar prices rise against rupee
Mumbai: The bullion market was officially closed today due to Saturday in Mumbai's jewellery market. However, the price of gold and silver in the closed market lagged behind the global market. As the global index of the dollar rose against various major currencies in the world market and the bond …
Read More »Sensex will remain between 77444 to 79777 in the new week
Mumbai: Before the results of the Lok Sabha elections, Prime Minister Narendra Modi, Home Minister Amit Shah and Finance Minister Nirmala Sitharaman have predicted that after June 4, the Indian stock markets will see a historic record rise. After seeing the determination of Modi 1 and Modi 2 to carry …
Read More »Bank Holiday in July: Banks will remain closed for so many days in July, finish your important work like this
Bank Holidays in July 2024: Banks are an essential financial institution, without which many important tasks come to a halt. From depositing checks to transferring money from one account to another, going to the bank for cash transactions, etc., customers' time is wasted when the bank is closed. To avoid …
Read More »35 year old Gujarati company is bringing IPO, its business is spread across around 75 countries
3 mins ago Business Mamata Machinery IPO : For the last few years, companies have been entering the stock market through IPO. This trend will continue in the year 2024 as well. In this regard, Gujarat-based packaging manufacturer Mamta Machinery Limited has filed …
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