The government can give a big gift to lakhs of central employees of the country before Holi. The central government is going to increase the dearness allowance of central employees before Holi. This increase could be 4 percent. After this increase, dearness allowance and dearness relief may increase by more …
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Shock to Baiju's Raveendran, out of shareholder board, know why?
Byju Raveendran, founder of edtech company Byjus, got a big shock today. The shareholders of the company on Friday showed the exit to Baiju Raveendran. At the company's EGM, shareholders have unanimously voted in favor of the removal of the company's founder CEO Baiju Raveendran and his family. Baiju Raveendran's …
Read More »Banks' deposit flows shifted to equities
Mumbai: Due to the pull of liquidity on one hand and the rise in stock markets on the other hand, the deposit flow in the banks of the country has reduced, due to which the situation has become challenging for the banks. Savers are now turning to equity markets instead …
Read More »Mu. Number of investors in the fund increased by 50%, 10 lakhs joined in January
Ahmedabad: The mutual fund industry has recorded strong growth in the number of new investors in January. The continued uptick in the market and additional efforts by the industry to reach out to new investors through new fund launches by fund houses have been successful. Funds added nearly 1 million …
Read More »The country's daily import of crude oil remained at a record high in January
Mumbai: The country's crude oil imports reached a new record high in January due to increased industrial activity. An increase in imports has been seen due to increase in demand. As a result of the Red Sea crisis, cargo deliveries from the US were delayed in December. India's crude oil …
Read More »Banks have deposited money in 12.68 crore accounts of farmers. Agricultural loan of more than Rs 20 lakh crore
Ahmedabad: In the financial year 2023-24, in April-January, banks have distributed loans worth Rs 20.39 lakh crore, whereas in 2013-14, loans worth Rs 7.3 lakh crore were given to farmers. Sources in the Agriculture Ministry said that this year the above loans were given in 12.68 crore accounts. In the …
Read More »Gold and silver prices fell behind the world market
Mumbai: Gold and silver prices continued to fall in Mumbai jewelery market today. As world markets declined, domestic import costs declined. Today the price of gold in the world market was at a low of $ 2016 to 2017, 2028 to 2029 to 2024 to 2025, $ per ounce. Fund …
Read More »Record of 22297 in Nifty: Investors' wealth at new high of Rs 393 lakh crore
Mumbai: Global stock markets put the brakes on the rally at the end of the week after US stock markets witnessed record gains yesterday on encouraging results from IT giant chip maker Nvidia Corp. Despite a rise in US stock markets, Asian-Pacific markets today recorded a record rise in Indian …
Read More »Fintech company PhonePe launches Indus App Store, app search, listing will come in 12 languages
Indus App Store: Indus, a pan-India app store with voice and video search capabilities, launched today with mobile app details and the functions they offer in 12 languages of the country. Currently, Apple's App Store on phones and Google's App Store on Android have been challenged by Walmart-owned fintech company …
Read More »Know the list of holidays before going to the bank in March, otherwise you will be shocked
1 minute ago Business The month of March is very important in terms of festivals. Along with Mahashivratri, the festival of Holi also has great importance in this month. Good Friday also falls in this month. This means that banks across the country …
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