Business News

Planning to port your health insurance policy? Avoid THESE mistakes
Business

Planning to port your health insurance policy? Avoid THESE mistakes

Before applying for Health Insurance Portability, a few things must be kept in mind to avoid getting rejected in new applications

Planning to buy a home? Know tax benefits on home loans
Business

Planning to buy a home? Know tax benefits on home loans

The Income Tax Act provides a series of tax benefits for home loan buyers. Read to know about them

India's Growth Story: Overall exports up by 14%, at $775.87 billion in 2022-2023
Business

India's Growth Story: Overall exports up by 14%, at $775.87 billion in 2022-2023

According to the ministry, India's overall exports in April 2023 are estimated to be at $65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022

'Harnessing 10% of coal bed methane reserves can cut India's energy import bill by USD 2 billion'
Business

'Harnessing 10% of coal bed methane reserves can cut India's energy import bill by USD 2 billion'

As per the experts, the industry's collective efforts in utilising Coal Bed Methane (CBM) can help the country save over USD 2 billion on imports bill in near future. India has an estimated Coal Bed Methane Reserve of 2600 billion cubic metres

What is Senior Citizen Savings Scheme? Know advantages and disadvantages
Business

What is Senior Citizen Savings Scheme? Know advantages and disadvantages

Before applying for the Senior Citizen Savings Scheme, senior citizens must know about the specified advantages and disadvantages

Why NBC exec Linda Yaccarino is likely to be Elon Musk’s pick for next Twitter CEO
Business

Why NBC exec Linda Yaccarino is likely to be Elon Musk’s pick for next Twitter CEO

A woman is going to be the next Twitter CEO. While Elon Musk has not named his successor, there’s speculation that Linda Yaccarino, the head of advertising at the media giant NBCUniversal, might take over. But those working at Twitter believe it could be someone else

SpiceJet says no plans to seek insolvency proceedings; starts process to revive grounded planes with $50 million
Business

SpiceJet says no plans to seek insolvency proceedings; starts process to revive grounded planes with $50 million

The statement from SpiceJet comes at a time when a lessor has filed an insolvency resolution plea against the airline and crisis-hit rival Go First being admitted for voluntary insolvency resolution proceedings by the National Company Law Tribunal

Why it is important to pre-validate your bank account before filing ITR
Business

Why it is important to pre-validate your bank account before filing ITR

Check this space to know more about the importance of pre-validating your bank account before filing ITR this year

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru
World

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru

As it looks to diversify production away from China, Taiwanese electronics giant Foxconn in a filing on Tuesday said that it has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru

Former RBI Governor Raghuram Rajan says US economy on cusp of time bomb
Business

Former RBI Governor Raghuram Rajan says US economy on cusp of time bomb

Raghuram Rajan believes that the world's largest economy, the United States of America, which has recently faced the collapse of three big banks, still has many more challenges ready for it

Choosing old tax regime can help you claim HRA exemption from taxes; here's how
Business

Choosing old tax regime can help you claim HRA exemption from taxes; here's how

Check this space to know in detail how employees can claim an exemption from taxes on House Rent Allowance

Zomato shares tumble 5% as ONDC enters food delivery space; What investors should know
Business

Zomato shares tumble 5% as ONDC enters food delivery space; What investors should know

The Indian government-run ONDC (Open Network for Digital Commerce), which lets restaurants sell food directly to consumers without the need for a third party vendor seems to be giving tough competition to private players Swiggy and Zomato

Chinese investment in Europe drops except for EV batteries as watchdogs tighten rules to stymie Beijing acquisitions
World

Chinese investment in Europe drops except for EV batteries as watchdogs tighten rules to stymie Beijing acquisitions

Direct investment from China fell 22% to €7.9 billion in 2022, according to a report published Tuesday by the Berlin-based Mercator Institute for China Studies and New York-based Rhodium Group.

Income Tax Dept enables e-Pay service for THESE banks; know how to pay tax online
Business

Income Tax Dept enables e-Pay service for THESE banks; know how to pay tax online

Through the IT Dept's e-Pay tax service, customers of these 24 banks can pay their taxes online. RBL Bank is the latest one to enable the service

Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens
Business

Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens

As per the latest revisions, the hiked interest rates came into effect on 5 May 2023

Centre tweaks anti-money laundering law, role of CAs, CS, cost accountants now under PMLA
Business

Centre tweaks anti-money laundering law, role of CAs, CS, cost accountants now under PMLA

The BJP-led Centre in recent months has undertaken a number of measures to tighten the provisions of the anti-money laundering law -- Prevention of Money Laundering Act, 2002 -- to check the circulation of black money in the country

Wishful thinking by West, says Moscow dismissing reports of halted India-Russia rupee trade talks
World

Wishful thinking by West, says Moscow dismissing reports of halted India-Russia rupee trade talks

Russia said that there has been no change in bilateral developments with India and discussion are underway is settling trade in INR

US company takes employees to party only to sack them
World

US company takes employees to party only to sack them

Bishop Fox, a US-based firm, as a part of its cost-cutting plans laid off 13% of its workforce soon after hosting a party for them

Cognizant to cut 3,500 jobs amid looming fears of a sharp slump in revenue this year
Business

Cognizant to cut 3,500 jobs amid looming fears of a sharp slump in revenue this year

Cognizant is looking at enhancing operating discipline, a move that will now impact nearly 3,500 jobs at the firm. The impending layoffs at Cognizant will follow that of another IT giant Accenture, which had earlier announced that 19,000 people would be handed the pink slip

HDFC Bank to merge with HDFC Ltd; how it will affect borrowers
Business

HDFC Bank to merge with HDFC Ltd; how it will affect borrowers

The merging of HDFC Bank and HDFC Ltd is likely to affect borrowers on both sides