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Investment / Business Today

Delhi to Haryana in 7 minutes for Rs 2,000: InterGlobe to launch air taxis in 2026

The services will be initially launched in Delhi, Mumbai, and Bengaluru. The flight will take approximately 7 minutes from Connaught Place in Delhi to Gurugram.

19 Apr 2024 5:36 pm
Gold, silver prices on April 19: Steady yellow metal trading amid rate cut hopes, Iran-Israel tensions

Silver was priced at Rs 83,795 per kg with an intraday low of Rs 83,054 on the MCX. The price globally hovered around $28.20 per ounce.

19 Apr 2024 5:04 pm
Cred can operate as payment aggregator, RBI gives in-principle approval: Report

CRED has been actively introducing new products and features like UPI-based P2P payments, scan and pay, CRED escapes, and CRED Flash to boost its revenue.

19 Apr 2024 4:32 pm
Oil slips despite reported Israeli attack on Iran

Israel launched an attack on Iranian soil on Friday, sources told Reuters. Iranian media reported explosions, but an Iranian official told Reuters those were caused by air defence systems. State media said three drones over the central city of Isfahan had been shot down.

19 Apr 2024 4:19 pm
Link It, Forget It: All about RuPay's campaign on credit card launched at IPL

Last month, the National Payments Corporation of India (NPCI) announced three new features for UPI-linked RuPay credit cards that would help users to access wider benefits.

19 Apr 2024 3:50 pm
YES Bank, ICICI Bank to tweak service charges on savings accounts from May 1; check details

YES Bank and ICICI Bank both will discontinue some of the select account types from May 1.

19 Apr 2024 2:31 pm
Gold, silver rates on April 18, 2024: Yellow metal prices dip by 1%, trading at Rs 72,498 per 10 grams

Prices pulled off record highs this week as strong U.S. inflation and retail sales data saw investors scale back bets that the Fed will cut interest rates in June.

18 Apr 2024 5:09 pm
Paytm gets nod for user migration to PSP bank handles: Here's how it can affect you

On March 14, 2024, the National Payments Corporation of India (NPCI) granted approval for a third-party application provider (TPAP) permit to Paytm in association with distinguished financial institutions including SBI, Axis Bank, Yes Bank, and HDFC Bank.

18 Apr 2024 2:20 pm
EPF rule change: Here's how you can claim partial withdrawal up to Rs 1 lakh for medical treatment

EPF withdrawal: EPFO members are allowed to seek an advance for medical treatment under specific conditions. The Paragraph 68J allows an EPF contributor to apply for an advance for self and dependents medical expenses.

18 Apr 2024 1:25 pm
Indian pharma industry to witness 11% rise in revenues, propelled by domestic and US markets: Sharekhan Report

It says Ebitda margins may reach 24.9%, boosted by product mix and cost control; long-term growth outlook positive, focused on complex products, domestic demand, and R&D investments

18 Apr 2024 11:51 am
Passengers affected by flight cancellations, delays rise 34% in 2024: DGCA

Domestic airlines carried 4.38% more passengers during Jan-Mar 2024 compared to the same period last year, but passengers had a harrowing time due to flight cancellations and delays.

17 Apr 2024 1:26 pm
Invest in mutual funds or prepay your home loan: What should you be doing?

Equity mutual funds have historically offered returns higher than home loan interest rates. This potential for higher returns can significantly bolster your wealth over the long term.

17 Apr 2024 11:45 am
CBDT asks self-reporting orgs to file details of high-value transactions by June 30

The Central Board of Direct Taxes has reportedly asked its field formations to ensure that each reporting entity is compliant.

17 Apr 2024 10:30 am
Amazon Pay to tie up with NPCI for credit services on UPI platform: Report

In February of this year, Amazon Pay was granted a payment aggregator license by the Reserve Bank of India (RBI), thereby broadening its array of financial services. Previously, it had secured approval from the central bank for a prepaid payment instrument (PPI) license.

16 Apr 2024 5:59 pm
To beat the last minute rush, some taxpayers start filing ITRs early

According to income tax department data, 119,000 returns filed by April 10; experts say taxpayers with no TDS in last quarter of FY24 or audit can file returns immediately

16 Apr 2024 5:46 pm
Rapid growth in mutual funds, insurance, and health & wellness spending: Razorpay report

The report, which is based on over a billion transactions processed on the Razorpay platform, also showed that apart from financial wealth, health and wellness was another space that dominated the minds of Indians.

16 Apr 2024 5:43 pm
Gold, silver price on April 16, 2024: Yellow metal prices hold firm at Rs 73,000 mark

Meanwhile, silver opened at Rs 83,990 per kg and hit an intraday low of Rs 83,883 on the MCX. The price globally hovered around $28.82 per ounce.

16 Apr 2024 4:26 pm
SMS on TDS: Income Tax department sends message on TDS, should you be worried?

The I-T department has been sending these SMSes from the end of 2016 with the purpose of notifying taxpayers about their total TDS deductions. It serves as a useful tool for individuals to match their office salary slips with the details provided in the message.

16 Apr 2024 2:12 pm
Seeking loan from banks, SFBs? RBI asks banks, REs to mention all charges in Key Fact Statement

As per RBI, Key Facts Statement (KFS) is a statement of key facts of a loan agreement, in simple and easier to understand language, provided to the borrower in a standardised format.

16 Apr 2024 1:35 pm
Gold prices have almost gone up 16% in the last 3 months. Should you invest now?

Before investing in the precious metal market, you must look at the factors behind this rise and weigh the potential risks and rewards of investing in gold.

16 Apr 2024 11:41 am
How should one play debt funds in a market with terrible mood swings like this? Read on

So one strategy would be to invest in long-term debt funds or dynamic bond funds with a modified duration of 7-11 years. The anticipated decline in interest rates can provide a potential capital appreciation of 8-10% besides the Yield-To-Maturity (YTM).

16 Apr 2024 11:30 am
BookMyForex.com unveils foreign exchange app with real-time reloads

Forex travel cards are one of the economical and convenient ways to carry forex abroad. They can be loaded with one or multiple foreign currencies and used interchangeably in different countries.

15 Apr 2024 6:14 pm
Gold, silver price on April 15, 2024: Yellow metal prices extended gains for the fourth straight week

Gold prices opened on the MCX on Monday at Rs 72,030 per 10 grams and hit an intraday low of Rs 71,850. In the international market, prices hovered around $2356.21 per ounce.

15 Apr 2024 1:14 pm
5 important things you should do if you end up losing multiple credit cards

If you spot any suspicious transaction, inform the bank immediately and register a complaint. Monitor your credit report and report any discrepancies to the bureau.

15 Apr 2024 1:07 pm
35% of total CFP professionals should be women by 2030: Krishan Mishra of FPSB India

FPSB in the US is a global professional organization that establishes standards and awards the Certified Financial Planner (CFP) certification worldwide. In India, FPSB operates as a subsidiary of this global entity

15 Apr 2024 12:54 pm
Senior citizens' fixed deposits jump by 143% in 5 years. Here's what is leading the surge

The SBI Research Ecowrap report estimates that there are approximately 74 million term deposit accounts held by senior citizens in the country, with a total deposit amounting to Rs 34 lakh crore.

15 Apr 2024 12:37 pm
BJP manifesto fine print: Free insurance of up to Rs 5 lakh for seniors, affordable cover for small firms

Health insurance claims have risen significantly over the past few years, with a notable increase of 10-30 per cent across all age groups post-Covid-19. Senior citizens have been particularly affected, as they often face high premiums and lack a regular income to accommodate additional expenses.

15 Apr 2024 9:17 am
Home loan interest rates cross 9%; here's how you can reduce your EMI burden

With the increase in interest rates, homeowners and buyers have to reassess their financial strategies, seeking ways to mitigate the impact of increasing EMIs

14 Apr 2024 8:48 am