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Business / Livemint

Not just Asia, but world can adopt Ayushman Bharat scheme: UNDP India Health Head

Abhimanyu Saxena, head, Health System Strengthening, UNDP India said that with the introduction of Ayushman Bharat Digital Health ID card, it will be easy for all digital health schemes to share data and to complement each other.

29 Apr 2024 3:14 pm
Amid renewables push, govt plans six coal-fired electricity hubs

The combined 30 GW capacity of these hubs is likely to cost an estimated 2.5 trillion.Indias renewable power capacity is still inadequate to meet the immediate and massively growing need for power

29 Apr 2024 2:58 pm
Income Tax: How to minimise tax liabilities while maximising investment returns?

To minimize tax liability, retail investors should diversify their portfolio with tax-exempt assets and choose between dividend and growth stocks wisely. Investing in assets with indexation benefits and utilizing systematic withdrawals from equity funds can further reduce tax burden.

29 Apr 2024 2:48 pm
Input costs, election, Chinese imports to weigh on steelmakers' Q4 margins

However, the worst may be over for the sector with steel imports declining, coking coal prices moderating, steel prices inching upwards

29 Apr 2024 2:28 pm
Will electric cars miss out on incentives in Fame III?

Tata Motors, which avails the lion's share of subsidies under the segment, is making a strong pitch for inclusion of electric cars in the third phases of the government's financial support scheme for electric vehicles

29 Apr 2024 1:44 pm
CDRI to unveil telecom resilience study at CoP 29

CDRI also plans to launch the second call of the Infrastructure for Resilient Island States next month in Antigua Barbuda to continue assisting small island developing states and incorporate it in its CoP29 agenda.

29 Apr 2024 1:42 pm
Income Tax Return: How to prepare for hassle-free tax compliance? Here is a 10-point checklist

Tax filing season is approaching, plan ahead to avoid last-minute hassles. Check ITR form eligibility, residential status, choose tax regime wisely, maintain proper documentation and more.

29 Apr 2024 1:33 pm
How to educate your children about CIBIL score? Here are 6 steps

It is vital to incorporate discussions around credit scores into regular conversations about money and finance.

29 Apr 2024 12:32 pm
When will EPF members receive interest for FY 2023-24 in their accounts? Here's EPFO's response

EPF subscribers anxious over delayed interest crediting; EPFO assures no loss of interest, interest for FY 2022-23 credited to 28.17 crore accounts.

29 Apr 2024 12:24 pm
OTT platforms embrace regional languages in over half of content

The share of vernacular content will increase to 55% of total content produced as regional OTT platforms flourish and achieve scale on the back of dubbing and subtitling, according to the latest Ficci and EY media and entertainment industry report.

29 Apr 2024 11:38 am
Tax filing is open, but why delaying until 15 June might be wiser

In most cases, ITR filed before 15 June will get a mismatch notice from the IT department due to incomplete data regarding TDS, statement of financial transactions, TCS, etc.

29 Apr 2024 10:01 am
Thyrocare founder joins forces with Magnifiq Capital Trust. YEA to back Indian startups

The fund will invest up to 50 crore in seed stage startups, targeting companies with 5 crore turnover, said A. Velumani.

28 Apr 2024 7:27 pm
Three in 5 recruiters to offer salary hikes of 6-12% this year: Mint+Shine study

Among job seekers, around 24% of those surveyed said they expected a 10-15% salary hike, while another 24% expected a more than 20% hike. This shows job seekers and employees were hopeful of even bigger hikes than employers expect to give this year.

28 Apr 2024 7:12 pm
Building aircraft, ships, rail equipment to get policy boost

The idea is to create a policy package for these sectors which could also include production incentives and viability gap funding.

28 Apr 2024 6:11 pm
ICMR institutes to take on broader role in healthcare

Four institutes under the ICMR have been renamed and repurposed to broaden their scope of work, by incorporating data science, artificial intelligence and Anti-Microbial Resistance.

28 Apr 2024 5:19 pm
Indian MNCs have to start accounting for global minimum tax liabilities

Indian multinational enterprises will have to start reviewing and accounting for any additional tax liability as per the global tax reform signed off by over 130 countries, including India.

28 Apr 2024 4:33 pm
A look at 'Safal Niveshak' Vishal Khandelwal's investment philosophy & strategy

Vishal Khandelwal tries to apply Charlie Munger's investing philosophy in the Indian context

28 Apr 2024 4:00 pm
India relaxes ban on onion exports, allows shipments to 6 neighbouring countries including UAE

The government has allowed export of 99,150 tonnes of onion to six neighbouring countries of Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka

28 Apr 2024 3:25 pm
Why a chemical engineers simple investment mantra attracts thousands of followers

The 53-year-old chemical engineer with a Gujarat-based fertiliser company offers free investment advice to the more than 133,000 members on his Facebook page.

28 Apr 2024 2:45 pm
How does ELSS taxation change if primary holder dies?

In case the ELSS fund is sold within the specified lock-in period, any impact of tax benefit or deduction claimed at the time of investing of the fund will need to be separately evaluated.

28 Apr 2024 2:38 pm
Investing at All Time High

While nominal GDP tends to grow steadily over years or months, the stock market can occasionally surge, even by 12% in a single month. Rapid overnight growth isn't true growth but rather an instance of swelling.

28 Apr 2024 2:22 pm
After US, India to sign 6G co-operation agreement with European body

Bharat 6G could soon sign an MoU with Europe's Industry Alliance 6G, similar to the one it signed with America's Next G Alliance last September, sources told Mint.

28 Apr 2024 2:13 pm
Despite new RBI rules, no small finance bank will apply for a universal banking licence anytime soon

Ten of India's 11 small finance banks don't meet all the RBI's criteria. AU Small Finance Bank, the only one that does, is in the midst of a merger that could take 9-12 months to complete.

28 Apr 2024 1:38 pm
The tech wars are about to enter a fiery new phase

America, China and the battle for supremacy

28 Apr 2024 11:54 am
Should HNIs look at private credit as an investment option? 6 experts answer

Private credit is rapidly emerging in India as an alternative investment option, offering tailored solutions and higher yields than traditional fixed-income strategies. Despite higher risk, lower default rates in India make investments in private credit viable.

28 Apr 2024 10:39 am
New upgradable ATMs to be introduced soon; details here

Hitachi Payment Services has launched upgradable ATMs which will enable banks to safeguard their investment and expand their services to include cash deposit facility at a later stage based on their business needs and local market conditions.

28 Apr 2024 9:28 am
Income Tax: Selling jewellery to buy a house? You can claim exemption on capital gains

Section 54F of Income Tax (I-T) Act allows taxpayers to claim exemption of capital gains tax by buying residential property from the proceeds of jewellery sale

28 Apr 2024 9:16 am
Noted banker Abhay Aima dies at 63 in Mumbai. 5 momentous facts about him

Talking to Greater Kashmir, his friend and former finance minister Haseeb Drabu said that Aima was living on his own at his flat in Bandra, Mumbai where he had breathed last at 4 pm on Saturday.

28 Apr 2024 7:48 am
Bank Holidays in May 2024: Banks will remain closed on THESE 10 days. Check all details here

List of Bank Holidays in April 2024: All banks, including the State Bank of India, will be closed for a total of around 10 days in May 2024 for religious festivals and weekend holidays.

28 Apr 2024 7:41 am
US Regulators seize Republic First Bancorp; Fulton Bank to take control of operations amid regional bank struggles

In a move to protect depositors, the Federal Deposit Insurance Corporation (FDIC) has appointed Fulton Bank, N.A. of Lancaster, Pennsylvania, to assume substantially all deposits and purchase most assets of the failed Republic First Bank, based in Philadelphia.

27 Apr 2024 1:03 pm
Can scientists save your morning cup of coffee?

A warming planet threatens the worlds favourite drug

27 Apr 2024 1:03 pm
How to build a global business empire in the 21st century

Disney, Ford, Microsoft and the age of the quasi-merger

27 Apr 2024 11:43 am
How to stay protected from pig butchering financial scams? Here are 7 key steps

Pig butchering, a form of smishing, is on the rise in India's cyber fraud landscape. Scammers build trust through social media, offering fake job roles and investments to drain victims' finances. Here's how to avoid them

27 Apr 2024 10:31 am
Tortured Poets Department: 5 valuable money lessons from Taylor Swifts new album

Taylor Swift's new album Tortured Poets Department is a hit among fans. Smart investors can learn from her songs about heartbreak and resilience. Having a backup plan is crucial in the financial world, just like knowing when to move on from bad investments.

27 Apr 2024 9:44 am
Bank holiday today: Are banks open this Saturday, April 27?

Bank holiday on April 27: Essential banking services such as ATMs and Internet banking will continue to operate as normal. This closure aligns with the banks' usual operational schedule.

27 Apr 2024 7:50 am
Indian housing market outlook bullish, consumer sentiments positive: Report

Indian housing market outlook bullish, consumer sentiments positive: Report

26 Apr 2024 7:41 pm
Demat Account: 10 crucial things you should keep in mind as a beginner

When opening a demat account, consider factors like broker reputation, account opening charges, and AMC. Choose brokers with intuitive trading platforms and research tools. Evaluate brokerage fees, customer support, account features, and security measures.

26 Apr 2024 7:06 pm
Home Loans: Top 5 banks including HDFC, SBI with lowest rates of interest check full list

HDFC Bank charges interest rate on its home loan in the range of 9.4 to 9.95 percent per annum. SBI charges a rate that hovers between 9.15 percent and 9.75 percent based on the borrowers CIBIL score.

26 Apr 2024 6:40 pm
Demat Account: What is loan against securities and what are its benefits?

A loan against your demat shares allows you to obtain credit by using your shares as collateral. This enables you to leverage your investments without having to sell your shares to access the capital. The loan requires no additional collateral beyond the shares already held in your demat account.

26 Apr 2024 6:14 pm
4 fixed income sources every Gen Z needs for stability

Gen Z faces financial uncertainty due to global crises, student debt, and rising costs. A fixed income helps in budgeting, credit building, and planning for the future, empowering them to pursue long-term goals.

26 Apr 2024 5:25 pm
Demat Account: What is futures trading and how does it work? MintGenie explains

To trade futures, ensure your demat account is enabled, understand futures contracts and margin requirements, choose a brokerage platform, fund your trading account, place orders according to your strategy, monitor positions closely, and be aware of the risk of capital loss.

26 Apr 2024 5:20 pm
Centre to allocate higher sales quota to sugar mills in May to tame prices

The government fears that rising prices at the mill level may lead to a spike in retail prices if not curbed immediately by releasing higher stocks of sugar.

26 Apr 2024 4:35 pm
How to consolidate multiple demat accounts? Here's a step-by-step guide

Consolidating your demat accounts involves a straightforward process, provided your shares are unencumbered and you have settled any outstanding payments to your broker.

26 Apr 2024 3:52 pm
PAN-Aadhaar linking: Tax Department defers penalty on TDS till May 31. Here is how to link both

Providing relief to those taxpayers who failed to link their PAN and Aadhaar by the June 30, 2023 deadline, the Tax Department has relaxed the deadline for imposing penalties and no action will be taken for a short deduction of TDS in case the assessee links his/her PAN with Aadhaar by May 31

26 Apr 2024 3:26 pm
CIBIL: Applying for an unsecured loan? These are the credit score requirements

While your CIBIL score is a key factor in determining your eligibility for an unsecured loan, banks consider other aspects of your financial profile as well such as your income, employment stability, existing debt obligations, and overall credit history.

26 Apr 2024 2:47 pm
Streaming showdown: Films and series stand strong against Jio's free IPL broadcast

Audiences stay tuned, proving diverse content continues to thrive alongside sports

26 Apr 2024 1:00 pm
CIBIL: How do personal loans affect your credit score?

Merely taking personal loan is not a positive move for the credit score; it can be good or bad depending on how you manage its repayment.

26 Apr 2024 12:18 pm
Which is a better investment: Gold mutual funds or gold ETFs?

You can always fall back on your gold investments in your darkest movements. With gold purchases through the web being now easy and available, you have to just choose between the various investment options after considering myriad factors. 

26 Apr 2024 12:09 pm
MF central: Manage accounts with multiple fund houses at one unified platform; Here's how

Holding a number of mutual funds in a number of AMCs is not uncommon. It is, therefore, vital to manage all accounts with ease and comfort

26 Apr 2024 12:01 pm
Soaring ambitions: Ropeway firms swing to action to transform travel, tourism

A 1.25 trillion plan is set to elevate Indias tourism and urban transit, as ropeway companies gear up to revolutionize connectivity across scenic and urban landscapes

26 Apr 2024 11:16 am