New Delhi: Global credit rating agencies have praised India's budget for the financial year 2024-25 and the government's commitment to reduce the deficit. Moody's Ratings has said that the budget is positive for credit. The government's capital expenditure on infrastructure is about 23 percent of the total expenditure, although it …
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Banks less enthusiastic about lending to stressed MSMEs
Mumbai: While the current fiscal year's budget has encouraged banks to provide loans to micro, small and medium enterprises (MSMEs), banks are concerned about such loans turning into non-performing assets (NPAs). Banks want the rules for classifying bad loans to be relaxed. The Finance Minister has announced a new mechanism …
Read More »RBI took a big decision after learning from the problems of American banks! This will bring a new rule
Digital Account: The Reserve Bank of India recently warned that the amount of cash deposits in banks has decreased and the flow of money into the stock market has increased. The rapid increase in investment in the stock market is affecting the money deposited in banks. A report has revealed …
Read More »After five days of decline, the stock market recovered today, investors' capital increased by Rs 5 lakh crore
Stock Market Today: After falling for five consecutive trading sessions, the Indian stock market is trading with gains today. After falling by 1304.38 points in the last five days, the Sensex was trading with a jump of more than 600 points today. Nifty also crossed the level of 24500 and …
Read More »Gold and silver prices fall for the third consecutive day, know today's latest rates
6 mins ago Business Gold prices have been falling since the presentation of the country's budget. The Finance Minister said in his budget speech that the customs duty on gold has been reduced significantly. The effect of which is clearly visible on the …
Read More »Many investors got their money back, know how much money was given?
Rs. 362.91 crore given The Union Minister said that Rs 362.91 crore has been distributed to 4,20,417 depositors of Sahara Group cooperative societies till July 16, 2024. The applications received on the portal will be processed after considering proper identification and deposit certificate. Details related to Sahara investors have been …
Read More »Sensex and Nifty opened with gains on the last day of trading
The Indian stock market opened in the green zone today i.e. Friday, July 26, the last day of trading. Yesterday, Thursday, the stock market closed with a decline. Earlier yesterday, i.e. on July 25, the stock market saw a decline and then recovery. The Sensex rose 562 points from the …
Read More »Now you will have to pay 94 thousand instead of 77 thousand on SIP
The Union Budget presented on Tuesday has increased taxes on short term capital gains (STCG) and long term capital gains (LTCG) on equity-linked funds. This increase will have a direct impact on investors and they will have to pay more tax on their capital gains to lighten their pockets. If …
Read More »US economy improving: inflation slows
US economic growth appears to be accelerating again in the second quarter. Inflation has slowed down. US economic growth was faster than expected in the second quarter. Due to slowing inflation, expectations of the Federal Reserve cutting interest rates in September remain intact. The Commerce Department's Bureau of Economic Analysis …
Read More »Realty players upset over removal of indexation benefit for property sales
A day after the Union Budget removed indexation benefits for sale of properties, the real estate sector is still reeling from the move. Meanwhile, the Income Tax Department on Wednesday tried to clear the confusion through a series of tweets and said that the move will benefit a large number …
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