Latest Stories
Rupee Opens Tad Lower At 71.19
| Friday, October 18, 2019, 09:16 [IST]
The currency opened marginally lower at 71.19 versus the previous session close of 71.16. Further, rupee has been supported after gains in equities came in due to the Brexit deal. Also, the currency has capped its losses as the FII have ...
Yes Bank Spurts 15% Amid Reports Of Industrialists' Interest In Bank
| Thursday, October 17, 2019, 14:42 [IST]
Yes Bank shares surged in intra-day trade by as much as 12% amidst reports that businessmen Sunil Munjal and Sunil Mittal have shown their interest to buy stake in the private lender. Nonetheless, Sunil Mittal denied any such reports. ...
Banks Cannot Recover Money Lost To Fraud From Customers
| Thursday, October 17, 2019, 13:37 [IST]
Exercising their authority as per SARFAESI Act, banks cannot recover amount lost due to online fraud from customers. Instead they would need to take the matter to the civil court to get their dues back from the persons responsible, the court ...
New Social Security Code To Facilitate Joining Of NPS By New Employees
| Thursday, October 17, 2019, 12:53 [IST]
The Centre is making efforts to simplify procedure for the working class by introducing a new Code on Social Security 2019. And in respect of the same, an initial draft has been put for the domain for suggestions and comments until ...
Petrol, Diesel Price At Its Lowest This Month
| Thursday, October 17, 2019, 12:46 [IST]
While the fuel price in India surged sharply after the Saudi Arabia's oil processing facility, the downward trend in price is now seen as the global crude price has dropped. For the third-straight day, price of auto fuel has remained unchanged. ...
Ensure This Condition Is Met As Else Your EPF Interest Will Not Be Credited
| Wednesday, October 16, 2019, 13:36 [IST]
For the FY19, the EPFO body after much deliberation has finalized the interest rate for FY 19 at 8.65%, though at first ministry of finance objected in light of the falling interest rate scenario across financial products. But as the EPFO ...
No Rs. 2000 Bank Note Printed In FY20
| Wednesday, October 16, 2019, 13:21 [IST]
Rs. 2000 currency notes introduced post demonetisation, are not in printing anymore revealed the Reserve Bank of India to one of the leading daily, in response to an RTI query. And this is one probable reason by less of ...
Now Graded Exit Load On Liquid Funds
| Wednesday, October 16, 2019, 11:20 [IST]
After asking AMFI to work out exit load, the market watchdog SEBI has accepted its recommendations in relation to graded exit for liquid funds that are redeemed within 7 days period from the investment date. The graded exit load has been ...
TCS Shares To Turn Ex-Dividend On October 17
| Wednesday, October 16, 2019, 10:12 [IST]
During its second quarterly results announcement, the IT giant Infosys has announced an interim dividend of Rs. 5 together with a special dividend of Rs. 40 per share. The dividend will be paid to TCS shareholders on October 24 and only ...
Rupee Opens Lower At 71.54
| Wednesday, October 16, 2019, 09:28 [IST]
Rupee opened lower at 71.59 versus the previous day's close of 71.54 per US dollar. The rupee has been influenced by low exports which came in at a 7-month low as well as global factors that still are shaky in respect ...
Now India Post Savings Account To Offer Mobile Banking Solution
| Tuesday, October 15, 2019, 12:52 [IST]
Well to provide better customer experience, the postal department will also allow mobile banking for its savings account holder. And this will facilitate millions of customers to access their accounts at the post office and even transfer funds between PPF and ...
Catholic Syrian Bank Gets Sebi's Nod For IPO
| Tuesday, October 15, 2019, 11:49 [IST]
Catholic Syrian Bank, the Kerala based private sector lender, has received Sebi's approval to launch an IPO. The bank filed draft papers with the market regulator in August and as per the SEBI, received its observations on October 1. Through ...