NEW DELHI : India, the world’s third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stocks to last way beyond the three-week nationwide lockdown as all plants and supply locations...
Two days back, the Reserve Bank of India (RBI) in a press conference announced a moratorium on the loans outstanding from March 1, 2020. The RBI also announced a moratorium on loan repayment for...
MUMBAI: The schemes for the merger of ten state-run banks into four lenders are coming into force from April 1, according to the Reserve Bank of India. The banking regulator in separate releases announced...
Post Office offers various types of deposit schemes which are quite popular among investors as these schemes come with the sovereign guarantee – backed by the government. Many of these schemes also enjoy tax...
As the lockdown that gradually started from last Sunday entered the second week, the government indicated it was not going to deviate from this containment and mitigation strategy against coronavirus, despite initial hiccups through...
State Bank of India (SBI) today sharply reduced the fixed deposit(FD) rates after RBI today cut interest rates by 75 basis points to 4.4%. The revised rates came into effect from 28th March. SBI...
The enhancement of the basic exemption limit or the lowering of income tax rates was a much-anticipated measure from quite a long time. Budget 2020 had not disappointed the taxpayers in this regard. Even...
There is some good news for the car and two-wheeler owners as far as the insurance premium of their vehicles is concerned. Insurance Regulatory Authority of India (IRDAI) has issued Order dated 27th March...
Doctors, nurses, paramedics, technicians, and other health care professionals involved in the care of Covid-19 patients will get a special insurance cover of Rs 50 lakh, Union finance minister Nirmala Sitharaman announced on Thursday....
New Delhi: Mobile handset manufacturers have claimed that the recent 50% hike in GST rate was ‘erroneously’ based on the premise that pre-GST excise duty rate was 12.5%, when it was just 2%. They...
