UPI transaction limit hiked to Rs 5 lakhs says RBI August 09, 2024 13:17
The Reserve Bank of India (RBI) has proposed to raise the UPI payment limit for tax purposes from Rs 1 lakh to Rs 5 lakh. This increase will enable taxpayers to promptly settle higher tax…
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Nirmala Sitharaman Responds Over GST on Medical Insurance August 08, 2024 15:43
On Wednesday, Union Finance Minister Nirmala Sitharaman responded to the request of Nitin Gadkari to remove the GST on the insurance policies, that is mainly of 18 percent GST on medical insurance policies. Nitin Gadkari…
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Tata Motors launches Curvv EV in India August 07, 2024 15:42
Tata Motors has launched the much-anticipated Tata Curvv, offering electric (EV) and internal combustion engine (ICE) versions. The Tata Curvv EV starts at Rs 17.50 lakh, with the EV 45 priced between Rs 17.49 lakh…
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Stock Markets Crashed On Monday August 05, 2024 15:46
Global stock markets are bleeding red, and European and Asian markets are seeing a tremendous crash on Monday. Markets are unstable because of the concern over the recession in the USA. Reaching its lowest of…
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15,000 Layoffs In Intel By The Year End August 02, 2024 15:46
Intel has announced to cut 15,000 employees by the end of this year, that is 15 percent of its workforce to reduce the costs. Company CEO Pat Gelsinger has released a memo stating that the…
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Infosys receives GST notice on tax evasion of Rs 32,403 crore August 01, 2024 14:36
The GST authorities have levied an assessment of Rs 32,403 crore on services received by Infosys from overseas subsidiaries for five years from 2017. In a filing to the stock exchanges, Infosys termed the notification…
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RBI says India holds nearly Half of the Global Digital Payments July 30, 2024 12:52
The Reserve Bank of India's report, released on Monday, revealed that India dominates the global real-time payments arena with a sizable 48.5 percent share. Additionally, India received USD 115.3 billion in remittances in 2023, leading…
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Markets Sour as Budget Raises Tax on Capital Gains July 23, 2024 14:53
The Indian stock market saw a steep decline after the Finance Minister announced higher capital gains taxes in the Union Budget 2024. Ms. Sitharaman revealed that the Long-Term Capital Gains tax would rise from 10%…
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Xiaomi India profit drops by 77 percent in FY23 July 15, 2024 14:29
The Chinese smartphone manufacturer Xiaomi suffered a significant decline in its profit in India, plummeting by 77% to Rs 238.63 crore in the fiscal year 2, compared to the previous year's Rs 1,057.7 crore. According…
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Bengaluru witnesses a decline in Apartment Rents July 11, 2024 14:37
In the last couple of years, Bengaluru's tech professionals have been on a rental frenzy, but now they're migrating from the IT hubs to the city's outskirts, where housing costs are more manageable. Brokers report…
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Banks to remain closed for 12 days in July 2024 July 01, 2024 16:44
According to the Holiday Calendar 2024 released by the Reserve Bank of India (RBI), banks across India will observe 12 public holidays in July. The Central Bank determines the full list of public holidays for…
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Gautam Adani's sensational comments on Hindenburg incident June 24, 2024 15:21
Addressing the shareholders at the Adani Group's Annual General Meeting in 2024, Gautam Adani acknowledged the challenges posed by a foreign short-seller's scathing report on the conglomerate. He emphasized that the group's unwavering commitment, trust…
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