Prime Minister Narendra Modi on Thursday unveiled country’s first charter of taxpayers’ rights and duties and evoked a national appeal ahead of 74th Independence Day by asking citizens to introspect the fact that only 15 million in a population of 1.3 billion Indians actually pay income-tax. PM said taxation reforms […]
Banking & Business
नई दिल्ली। देश की खुदरा महंगाई दर जुलाई के महीने में बढ़कर 6.93 प्रतिशत हो गई, जो महीने में उच्च खाद्य कीमतों से उत्प्रेरित थी। सीपीआई मुद्रास्फीति पिछले महीने में 6.09 प्रतिशत थी। सांख्यिकी और कार्यक्रम कार्यान्वयन मंत्रालय द्वारा गुरुवार को जारी आंकड़ों के अनुसार जुलाई में खाद्य मुद्रास्फीति बढ़कर […]
Timken India Ltd. announced its quarterly results on August 13, 2020. Net revenue in Q1FY21 stood at Rs160.23cr, which declined by 63.4% yoy from Rs437.75cr in Q1FY20. EBITDA stood at Rs14.07cr in Q1FY21 that decreased by 85.21% yoy. For Q1FY20, it had posted EBITDA of Rs95.12cr. EBITDA margin as of […]
The Reserve Bank of India (RBI) has imposed, by an order dated August 10, 2020, a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Co-operative Urban Bank Ltd., Parlakhemundi (the bank) for contravention of the directions issued by RBI on “Exposure Norms and Statutory/Other Restrictions-UCBs”. This penalty […]
Earlier this month, HDFC Bank appointed Jagdishan as the managing director with effect from October 27, when Puri turns 70. A lot has been achieved in the 26-year old journey of HDFC Bank but the “best is yet to come”, the lender’s outgoing Managing Director Aditya Puri said. Puri expressed […]
Private lender, Federal Bank has tied-up with Fiserv to enable the digitization of the bank’s end-to-end card issuance and processing cycle to support the launch of the Federal Bank credit card. The bank has also decided to outsource associated operational processes to Fiserv. Federal Bank will utilise First Vision from […]
Hindi News Tech auto Lenovo Yoga Slim 7i Laptop Launched For 80 Thousand Rupees; Screen Will Open Up To 180 Degrees, Equipped With AI Based Attention Casing Feature नई दिल्ली41 मिनट पहले कॉपी लिंक कंपनी का कहना है कि एआई बेस्ड एटेंशन सेसिंग फीचर, यूजर के सिंपल टास्क में लगने […]
NEW DELHI: The tax department has committed to treat every taxpayer as honest, unless proven otherwise, and provide fair, courteous and reasonable treatment, according to the taxpayers’ charter adopted on Thursday. The charter also expects taxpayers to pay taxes on time and be honest and compliant. Prime Minister Narendra Modi […]
The NSE Nifty slipped 7.95 points. Domestic equity benchmarks Sensex and Nifty ended with marginal losses on Thursday as uncertainty surrounding the COVID-19 pandemic kept investors cautious amid lack of directional cues. After opening on a positive note, the BSE Sensex pared all gains to end 59.14 points or 0.15% […]
Several foreign and private lenders have questioned the definition of “loan exposure” in the Reserve Bank of India’s (RBI) recent circular that bars corporate borrowers from operating multiple current accounts. While public sector banks (PSBs) stand to benefit the most from the changed regulations on current accounts announced by RBI […]