Post Office Investments: If you want to raise a good fund in the long term, then you can consider this scheme of the post office. You can create a fund of up to 1 crore at the end of 25 years by opting for the Public Provident Fund (PPF) of …
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Government further reduces windfall tax on crude oil, new reforms come into effect from June 1
Windfall Tax on Crude Oil: The government has further reduced the windfall tax on petroleum crude. From June 1, the windfall tax on petroleum crude has been reduced to Rs. 5,700. 5,200 per metric ton. The government has issued a notification in this regard on May 31. The government adjusts …
Read More »Consumer durables to become more expensive due to rough seas at night
New Delhi: Due to the increasing tension between Israel and Iran, containers have become 300 percent expensive in the last one month. Due to this, consumer durables companies are facing a shortage of goods and are forced to consider increasing the prices of their products. Companies have decided to increase …
Read More »The share of Rs 500 notes in total currency by value increased to 86.5 per cent
Mumbai: According to the annual report of the Reserve Bank of India, the value and number of banknotes in circulation increased by 3.9 per cent and 7.8 per cent respectively during 2023-24, as against 7.8 per cent and 4.4 per cent respectively in the previous fiscal year. The year-on-year increase …
Read More »Platinum crosses $1050 | Live Updates, Unveiling the Latest India News Trends
Mumbai: Gold prices again rose in the Mumbai jewelry market today, while silver prices witnessed a one-sided jump. Prices were seen rising in the world market. The effect of the fall in rupee and rise in dollar in the domestic currency market was also seen in the jewelry market. In …
Read More »Commercial gas cylinder becomes cheaper by Rs 72, new rates applicable
New Delhi, June 01 (HS). There is good news on the inflation front on the first day of June amidst the Lok Sabha elections. Public sector oil and gas marketing companies have reduced the price of commercial gas cylinder by Rs 72. The new rates have come into effect from …
Read More »Banks will remain closed on these days in June, check the list | Live Updates, Unveiling the Latest India News Trends
2 hours ago Business The list of bank holidays for the month of June has been announced. This month, banks are going to remain closed for a few days in the country due to some reasons. If you have to do any important …
Read More »Fiscal deficit in FY24 is Rs 16.54 lakh crore, 4.7% lower than budget estimate
India's fiscal deficit figure for the financial year 2023-24 has been recorded at Rs. 16.54 lakh crore. This is 17.86 lakh crore less than the target. With this, the fiscal deficit figure has reached 95.3 percent of the budget target, according to the data released by the Comptroller and Auditor …
Read More »Dividend ratio of Indian companies at five-year low of 34.83 percent – News India Live | Live Updates, Unveiling the Latest India News Trends
58 mins ago Business Indian companies have continued to perform well, with profits growing by about 25 per cent in FY 2023-24, although dividends declared at the time of results are stingy based on profit figures. Big companies have also not been generous …
Read More »Every time after the elections, the stock market spoils the investors | Live Updates, Unveiling the Latest India News Trends
43 mins ago Business Past figures bear witness that stocks have given rich returns to investors after every general election in India. In the resulting six-month period, the market has seen an upward trend every time. The first phase of the election, which …
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