Business

Ahmedabad: Friday, June 28, 2024 is going to be a golden day in the history of India's debt market. From today, India's government securities will be included in the emerging market index of JPMorgan Chase & Co. To take advantage of this historic achievement of the Indian economy, foreign investors …

Mumbai: The gross non-performing asset (NPA) ratio of the country's scheduled commercial banks fell to a 12-year low of 2.80 per cent at the end of the last financial year i.e. 2023-24, while the net NPA ratio has come down to 0.60 per cent, said the 29th Financial Stability Report …

Mumbai: The Reserve Bank of India (RBI) has cautioned against the sharp increase in the volume of derivatives trading in India in its Financial Stability Report (FSR). Without proper risk management, retail investors can get caught in sudden market volatility. The report also said that the increase in short-term options …

There has been a change in the price of gold today on Friday. 22 carat gold has become costlier by Rs 400. Also, if we talk about the prices of silver, there has been no change in it. Gold prices were at a record high in the global market for …

New prices of petrol and diesel across the country have been announced today morning on 28 June. However, there was no change in fuel prices at the national level. But fuel prices in India are decided on the basis of international crude oil prices. Today's petrol price in major cities …

Every day about 800 cases of online financial fraud are reported in India. Which is ten times more than the annual figures shown by the Reserve Bank of India (RBI). That is why this distance In its report, RBI has considered only those cases where online fraud of more than …

Overseas Indians paid out an unprecedented $107 billion to their families in FY 2023-24. Remittances crossed the $100 billion mark for the second consecutive year. Significantly, remittances are more than double the total $54 billion invested by foreign direct investment (FDI) and foreign portfolio investors (FPI) in India during the …

38 mins ago Business The Union Budget to be presented next month is likely to provide cheap loans to two major state-owned companies, the Indian Renewable Energy Development Agency (IREDA) and the Housing and Urban Development Corporation Ltd (HUDCO). The government has considered …

ITR filling: The date for filing income tax returns is slowly approaching. Most salaried employees have already received Form 16 from their employers after June 15, so now they can easily start the process of filing income tax returns. Although the last date for filing ITR is July 31, but …

To keep the private capital expenditure cycle going, the government may announce a new scheme of concessional corporate tax rate for new manufacturing units in the next general budget. The new scheme may also be similar to the previous scheme. In which a concessional rate of 15 per cent was …