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Category: Business

SBI Customers Beware! Govt Issues Warning On New Scam Messages – Important Details Inside

Posted on August 4, 2024 By Admin No Comments on SBI Customers Beware! Govt Issues Warning On New Scam Messages – Important Details Inside
SBI Customers Beware! Govt Issues Warning On New Scam Messages – Important Details Inside

New Delhi: The government has issued a warning to State Bank of India (SBI) customers about a new fraudulent message circulating on social media. This scam involves a message claiming to be from SBI, instructing recipients to download an APK file to redeem reward points, according to the Fact Check Unit of the Press Information…

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Business

How do interest rates affect inflation and mortgages?

Posted on August 1, 2024 By Admin No Comments on How do interest rates affect inflation and mortgages?
How do interest rates affect inflation and mortgages?

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email The Bank of England is set to announce its decision on whether interest rates will be cut later today as experts say the decision is “on a knife-edge.” Some analysts are hoping the…

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Business

Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India

Posted on July 31, 2024 By Admin No Comments on Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India
Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India

MUMBAI: Public sector banks have collected Rs 8,495 crore over five years from depositors who did not have enough money in their savings accounts by way of fines for not maintaining minimum balance. This works out to an average of Rs 1,699 crore a year and is more than what govt has budgeted for incentivising…

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Business

Chancellor to axe projects immediately after review of finances

Posted on July 28, 2024 By Admin No Comments on Chancellor to axe projects immediately after review of finances
Chancellor to axe projects immediately after review of finances

Getty Images Rachel Reeves claims the Tories masked the true state of UK public finances then “ran away”. The chancellor is set to announce immediate cuts worth billions of pounds, aimed at plugging a £20bn black hole in the finances, when she addresses Parliament on Monday. Rachel Reeves’ plans are expected to include the cancellation…

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Business

China and Saudi Arabia expected to roll over $9 billion debt for Pakistan | The Express Tribune

Posted on July 26, 2024 By Admin No Comments on China and Saudi Arabia expected to roll over $9 billion debt for Pakistan | The Express Tribune
China and Saudi Arabia expected to roll over $9 billion debt for Pakistan | The Express Tribune

Pakistan is anticipated to secure a rollover of $9 billion in debt from China and Saudi Arabia for the fiscal year 2024-25. In addition, Pakistan is seeking funding for the Diamer-Bhasha Dam project. Sources from the Ministry of Economic Affairs indicate that Pakistan expects a $500 million facility from the Islamic Development Bank for oil…

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Business

Gold prices record massive increase in Pakistan – SUCH TV

Posted on July 24, 2024 By Admin No Comments on Gold prices record massive increase in Pakistan – SUCH TV
Gold prices record massive increase in Pakistan – SUCH TV

Gold prices increased in Pakistan following upward trend in the global market, according to local association. Following a dip on Tuesday, the local price per tola climbed by Rs2,300 to reach Rs252,800. The 10-gram gold also saw an increase, selling at Rs216,735, up by Rs1,972, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA)….

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Business

‘Must Keep Tax Structure Simple to Expand Tax Base’: Ex-NITI Aayog Vice-Chairman Rajiv Kumar’s Lowdown Ahead of Budget 2024 – News18

Posted on July 22, 2024 By Admin No Comments on ‘Must Keep Tax Structure Simple to Expand Tax Base’: Ex-NITI Aayog Vice-Chairman Rajiv Kumar’s Lowdown Ahead of Budget 2024 – News18
‘Must Keep Tax Structure Simple to Expand Tax Base’: Ex-NITI Aayog Vice-Chairman Rajiv Kumar’s Lowdown Ahead of Budget 2024 – News18

Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. In the build-up to the Union Budget, economist and author Dr Rajiv Kumar, Chairman, Pahle India Foundation, and former Vice Chairman, NITI Aayog, shares…

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Business

Microsoft Outage: Chaos Continue At Delhi Airport – DigiYatra Down, IndiGo Faces Long Queues

Posted on July 20, 2024 By Admin No Comments on Microsoft Outage: Chaos Continue At Delhi Airport – DigiYatra Down, IndiGo Faces Long Queues
Microsoft Outage: Chaos Continue At Delhi Airport – DigiYatra Down, IndiGo Faces Long Queues

New Delhi: Several Flights at Indian airports faced delays on Saturday due to a global tech outage caused by an update to Microsoft’s cloud services on Friday. Although reports suggested that the outage had been resolved, problems persisted at Delhi and Chennai airports. Passengers experienced long queues at check-in counters, slow check-ins and the DigiYatra…

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Business

Private equity firm plots takeover for Telegraph following Lord Rothermere withdrawal

Posted on July 17, 2024 By Admin No Comments on Private equity firm plots takeover for Telegraph following Lord Rothermere withdrawal
Private equity firm plots takeover for Telegraph following Lord Rothermere withdrawal

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email A private equity firm is plotting a takeover bid for The Telegraph newspaper group, following Daily Mail owner Lord Rothermere’s withdrawal last week. Telegraph Media Group is seeking a buyer after its proposed…

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Business

ITR Filing AY 2024-25: What Are The Income Tax Slabs For FY 2023-24 In New & Old Regime? Check Tax Rates Here

Posted on July 15, 2024 By Admin No Comments on ITR Filing AY 2024-25: What Are The Income Tax Slabs For FY 2023-24 In New & Old Regime? Check Tax Rates Here
ITR Filing AY 2024-25: What Are The Income Tax Slabs For FY 2023-24 In New & Old Regime? Check Tax Rates Here

Income Tax Slabs FY 2023-24 rebate under new tax regime: Under the new tax regime, taxpayers with a net taxable income of up to Rs 7,00,000 are eligible for a rebate of up to Rs 25,000. Furthermore, individuals whose net taxable income surpasses Rs 7,00,000 can still avail marginal relief, provided that the additional income…

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Business

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