Business

Often people assume that to create a big fund in the stock market or mutual fund, a lump sum capital of lakhs of rupees is required. The reality is that in the long run, the continuity and time frame of investment matters more than the amount of investment. Just ₹3,000 …

Since the Merchant Discount Rate (MDR) framework for merchant transactions was notified by the National Payments Corporation of India (NPCI) and the Union Finance Ministry, there has been confusion among common consumers whether money will now be deducted on everyday UPI transactions. Amidst the rumors running on social media, the …

Revision of the wage ceiling of EPS-95 (Employees’ Pension Scheme) is a long awaited topic for crores of organized sector employees under the Employees’ Provident Fund Organization (EPFO). At present the maximum limit of pensionable salary is fixed at ₹ 15,000 per month, recommendations and proposals to increase it to …

There has been a major change on the social security front for crores of salaried employees in the organized sector and the youth who have entered new jobs. The approval process has progressed towards increasing the statutory wage ceiling for mandatory contribution under the Employees’ Provident Fund Organization (EPFO) from …

Chhattisgarh government has taken a big decision to fulfill the dream of poor families living in slums and kutcha houses in urban areas of having a permanent house. The state government has relaxed the eligibility rules of Pradhan Mantri Awas Yojana (Urban) and increased the cut-off date for proving validity …

The digital revolution has completely changed the way business is done in the rapidly changing global economy, but at the same time a new and complex challenge of taxation has arisen before the governments. Addressing an important economic forum, the Union Finance Minister clarified that taxation on digital businesses, data …

A very important news has come to light for crores of citizens and businessmen who conduct daily transactions through Unified Payments Interface (UPI) across the country. A senior central government official has made it clear that the government has no plans to withdraw its proposal or decision to implement 0.4 …

The stance of leading brokerage houses of Dalal Street remains very positive and aggressive regarding the National Stock Exchange (NSE) IPO, which is one of the largest and most awaited public issues in the history of the Indian capital market. Tremendous enthusiasm is being seen among domestic and institutional investors …

In the Indian Primary Capital Market, the attraction of investors towards automotive component manufacturing companies is once again seen at its peak. The much-awaited ₹1,000 crore initial public offering (IPO) of leading auto component and powertrain solutions provider Hero Motors opened for retail and institutional bidders on Wednesday, September 16, …

During Wednesday’s trading session in the Indian equity markets, while the main benchmark indices Nifty and Sensex were trading in a strong range with a gain of more than 100 points, all-round selling pressure dominated the shares of domestic defense companies. Facing profit-booking for the fifth consecutive trading session, the …