Finance

Shaktikant Das's tenure as RBI Governor extended for 3 years (Details)

Shaktikanta Das, a former IAS official from the 1980 batch, has held critical posts in the finance ministry. He has served as the secretary at the departments of revenue (DOR) and economic affairs (DEA).

Oct 29, 2021

Cryptocurrency Shiba Inu's Price Touches All-time High; Dwarfs Market Cap of Banking Giants Deutsche Bank, Societe Generale

The Dogecoin spinoff has surpassed the market cap of banking behemoths such as Deutsche Bank ($28.48 billion) and Societe Generale ($28 billion).

Oct 28, 2021

India's coal situation no longer a crisis: CIL allays fears, worries; says no need to panic [Exclusive]

As for the infamous four days' worth of stock reserves left at power plants, CIL's spokesperson says, "all that is water under the bridge now since our production and despatches are all on the upswing."

Oct 28, 2021

From $67K to $8,200; Bitcoin's flash crash on Binance US triggers panic [details]

Bitcoin has crossed $65,000 per coin for the first time against all odds and experts had predicted the cryptocurrency may touch $100,000 before the snafu triggered panic.

Oct 22, 2021

What is Bad Bank? How will it help Indian financial system (Explainer)

A 'Bad Bank' is a business structure that separates banks' riskier assets into a separate organization.

Sep 18, 2021

Top 5 reasons why you should buy a term insurance policy

Bajaj Allianz Life insurance has a claim settlement ratio of 98.48%~ percent. And Flexibility is one of the most significant advantages of a term plan.

Jul 23, 2021

Two-year-old Mithraa needs ₹16 crore drug to live; Govt waives off customs, GST [details]

The sum total of GST, import duty and other taxes amount to a whopping 35 percent of the cost of the medicine. The life-saving drug needs to be administered to a child less than two years to treat a rare genetic disorder of spinal muscular atrophy.

Jul 16, 2021

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Kotak Mahindra Bank customers complain of excess debit; here's what happened [details]

Kotak Mahindra Bank has since rectified the error and all of the excess debits have been reversed.

Mar 9, 2021

Lockdown tax relief for NRIs, foreigners overstaying in India in FY21 [details]

The CBDT has now issued a fresh circular where it has clarified that foreign visitors, NRIs, PIOs overstaying in India in FY21 will not face double taxation.

Mar 4, 2021

Health Insurance: How to select adequate sum insured to secure all family members

It is always better to choose a reliable insurance partner that has a good record of settling claims, including cashless health insurance claims, quickly and with ease

Mar 3, 2021

Buying home on loan made easy; SBI reduces interest rates, waives off processing fees [details]

State Bank of India on Monday is offering a limited period home loan offer, which offers lower interest rate and complete waiver of processing fees. More detials here.

Mar 1, 2021

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

Deadline for filing GST returns extended till March 31

Earlier the deadline for filing the returns was extended February 28.

Mar 1, 2021

Delhi Metro suffers Rs 1,500 crore losses during lockdown; financial stress burdens DMRC [details]

In the wake of financial distress, the DMRC has turned to seek financial assistance from the Central Government, Delhi, Haryana and Uttar Pradesh governments.

Feb 7, 2021

PNB customers can't withdraw cash from these ATMs now

For cash withdrawals of Rs.10, 000 and above from ATMs between 8 pm and 8 am, PNB account holders obtain a One Time Password (OTP).

Jan 31, 2021

Should you buy Bitcoin; cryptocurrency falls below $30K, worst weekly loss in months

Two weeks ago, Bitcoin hit $42,000, but it is now down 30 per cent from that record high. According to reports, increasing calls for regulation is the reason Bitcoin has crashed so big.

Jan 22, 2021

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