Finance

Tax collections up by 24% in current fiscal year-on-year [details]

Net tax collection in 2022-23 was 24.26 percent higher than the net collection for the corresponding period of last year.

Dec 12, 2022

How to choose your first broker, a beginners guide

Dailytrading.com suggests 'If you are a trader looking for quick gain and make trade execution for short-term trade executions then you should look for a broker with very low executions fee.

Dec 7, 2022

RBI's pilot project on digital rupee to be launched on Dec 1; see cities, banks part of launch

The first phase will begin with four banks namely State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank in four cities across the country.

Nov 29, 2022

Beware of instant loan apps; SBI warns about cybercrimes, extortion [read now]

The country's largest lender, State Bank of India (SBI) has warned customers against instant loan apps and even suggested measures to safeguard against the menace.

Nov 24, 2022

India clocks 129 deals at $2.1 bn in Oct; 77% YoY decline in value [details]

India clocked 129 deals valued at $2.1 billion in the month of October, a 42 per cent fall in volumes and a significant 77 per cent decline in values as compared to October last year.

Nov 22, 2022

Journey To the Top: How Darshil Shah Took Investment Banking by Storm

Becoming a key player on Wall Street is never easy, but growing up in a faraway country and still making it to the top of Wall Street is a gargantuan hurdle. Darshil Shah refused to settle for anything less.

Nov 14, 2022

What is eRs; RBI's digital rupee explained [see how it works]

The Reserve Bank of India (RBI) had, last week, announced that it will commence a pilot project of digital rupee (eRs) for specific use cases in the wholesale segment from November 1.

Nov 6, 2022

Dubai Investment Fund to Allocate $2.1 Billion for Investments in Indian Realty

The Dubai Investment Fund (DIF) notes that the transition from enterprises managed by family members to those managed by professionals has been the most noticeable transformation that has taken place

Nov 3, 2022

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

GST collections touch Rs 1,51,718 cr in Oct; second highest since April [details]

The government collected Rs 1,51,718 crore gross GST revenue in October, which is the second highest collection ever after April this year, official data revealed on Tuesday.

Nov 1, 2022

Reserve Bank of India to launch digital rupee pilot project today

The Reserve Bank of India (RBI) will today launch the nation's first digital rupee pilot project for the wholesale segment.

Nov 1, 2022

British pound. (File: Xinhua/Then Chih Wey/IANS)

British Pound falls sharply after Bank of England gives bond-buying end date

The British pound has fallen sharply against the dollar after Bank of England Governer Andrew Bailey warned that it would not extend its emergency intervention in financial markets beyond this week, after the turmoil sparked by the governments mini-budget.

Oct 12, 2022