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Yarn exports account for about 30% of the industrys total revenue, with China alone making up nearly half of that share.
It is vital to link the PAN card number with all the bank accounts, which further makes it easy for lenders to check the PAN for KYC, making the PAN number an important document to avail of a personal loan.
Best mutual funds: Value mutual funds refer to schemes that follow a value investment strategy, with at least 65 per cent in stocks.
Indias foreign exchange law changes have made cross-border share swaps easier for NRIs. But tax implications may still ariseespecially if the Indian shares received are undervalued relative to fair market norms.
The Income Tax (I-T) department has already released forms ITR-1, ITR-2, ITR-3, ITR-4 and ITR-5. Here we explain which forms apply to which taxpayer
Had he withdrawn the 33 lakh he had in the pension fund, Amit Upadhyay would have had to pay 10 lakh (30% of 33 lakh) in tax, excluding cess and surcharge. Under NPS he can hold it to retirement and withdraw 60% of the money tax-free.
A new government crackdown on substandard drugs could turn India's pharmaceutical industry upside down, reshaping accountability in Indias vast generic drug market.
Bank of Baroda and Kotak Mahindra Bank have revised their interest rates on fixed deposits with effect from May 5, 2025
Avoid penalties and delays this ITR season by steering clear of common tax filing mistakes. Understand and learn the top five errors to dodge for smooth, accurate income tax return filing for AY 202526.
The question on investors' lips is whether there is a type of portfolio than can help tide over these tough times. The answer is simpler than you think.
Shares of State Bank of India dropped after it reduced its loan growth target for 2025-26 amid US tariff uncertainties. SBI reported a 10% decline in fourth-quarter net profit and expects credit growth of 12-13% for FY26, impacting its stock performance.
Schengen visa rejections are a growing concern for Indian travelers. With rejection rates at about 16%, experts suggest planning and precautions to mitigate financial risks associated with bookings.
Live events are redefining the OTT gameoffering unpredictability, participation, and powerful new ways to win viewer loyalty.
The southern film industry is embracing cinematic universes, which mirrors Hollywood's success, focusing on star power to attract viewers while navigating challenges of rising costs tied to popular actors
Uncover the credit score requirement for securing a 1 lakh personal loan in India. Understand how a higher score increases approval odds and the role of factors like income consistency and existing debt in loan eligibility.
Apply for new credit only when necessary and meet eligibility criteria to avoid rejections. Improving a credit score from 480 to 750 takes time and consistent effort. Pay bills on time, limit credit usage, and regularly review credit reports to boost scores effectively.
Identify fraudulent credit card calls with these five essential warning signs. Shield your finances by staying vigilant, confirming caller identities, and keeping sensitive details like OTPs, CVVs, and PINs strictly confidential.
The iShop portal provides ICICI Bank credit cardholders with an opportunity to earn up to 12X reward points for flight bookings, hotel bookings, and gift voucher purchases. They can further redeem reward points to pay for flight bookings, hotel bookings, and gift voucher purchases.
Section 54F of the Income-tax Act, 1961 allows a taxpayer to claim exemption on LTCG (arising on transfer of capital asset not being a residential house property, referred as original asset), if the net consideration is reinvested in one residential property (referred as new asset) in India
Tandon says he has been selectively adding small-caps in his portfolio over last three months as several stocks in this segment have corrected sharply
With the usual age of onset of mental ailments being around 18 years, the incidence peaks at around 40 years, thereby affecting the most productive years of human life
The move spells relief for consumers who can pick up these medicines from just about anywhere, but also casts a pall of gloom over tens of thousands of chemists staring at loss of sales.
In February, the Maharatna company had signed a memorandum of understanding (MoU) with Petrobras, Brazils state-owned oil major, to collaborate in the exploration and production of hydrocarbon resources in Indias offshore regions.
The stages of AI-driven hiring include mapping out talent, matching them to jobs, sourcing the right people, calling and scheduling their interviews, and finally the interview. It ends with negotiating pay and finally, onboarding of an employee.
Saving a big portion of what you earn gives you a lot of freedom no matter what you do.
Coffee prices have been on a tear due to irregular climate events, which also poses a threat to other key beverages like tea and cocoa.
Kotak Mahindra Bank's agriculture portfolio grew a muted 1% on-year in the March quarter, and its retail microcredit loan portfolio fell 33%. The bank aims to grow its share of unsecured and personal loans to around 15% of its advances.
Bank holidays this week: In some states, it will be an extended weekend holiday this week due to regional and religious festivals, combined with the weekend leaves. Check the dates and full schedule here for May 4-12, 2025.
Executives at Kering say they will track consumer confidence in the U.S. and globally to determine how much they can increase what they charge.
The Indian film, television, and online curated content industry generated Rs. 110,000 crore in FY2024, growing 18% since FY2019. This growth persists despite pandemic challenges, with increased household spending expected to drive demand for entertainment offerings.
RAID 2 follows Ajay Devgn's Amay Patnaik as he leads income tax officers against a corrupt politician hoarding illegal wealth. The film explores themes of tax evasion and investment strategies while blending humor and drama in a quest for hidden treasures.
This new feature allows you to authorise UPI payments for others such as your children or senior family members via your bank account. But UPI Circle has a bigger agenda that just that.
Bank holiday today: Banks will be open on May 3, 2025, the first Saturday of the month. As per the RBI calendar, banks are typically closed on the second and fourth Saturdays of the month.
Eternals management attributed the slowdown in food delivery during the quarter to a temporary shortage of delivery partners stemming from the expanding quick commerce sector.
A key contributor to the growth was the commencement of operations in two newly developed coal blocks during the month, the coal ministry said.
RBI portfolio rejig: Poonam Gupta becomes new Deputy Governor, to oversee MPC; T Rabi Sankar gets 12 depts
The BHIM app is evolving into a comprehensive financial management tool with features such as UPI Circle and spend analytics. Learn how these enhancements can help you effortlessly share financial responsibilities with family members or track your spending habits.
Investors can easily download dividend statements from HDFC Securities to aid in income tax filing and financial planning. The statements are integrated within the Consolidated Account Statement and Profit and Loss statement, providing a comprehensive view of investment activities.
No credit score? Students can still get education loans through government schemes, co-applicants with strong credit, or NBFCs offering collateral-based optionsthough terms and interest rates may vary.
Mutual funds tracking the Nifty Midcap 50 Index provide access to mid-sized companies with growth potential, combining diversification, professional management, and cost-efficiency. .
Karur Vysya Bank offers a platinum credit card with lifestyle perks, rewards, and travel rebates. The card includes benefits like accelerated reward points and fuel surcharge waivers, making it a competitive choice for 2025.
An individual current account is designed for personal use, offering higher withdrawal and deposit limits than savings accounts.
China and the European Union could team up against President Donald Trumps trade offensive. It wont be easy.
Credit cards: MAD is the smallest amount a cardholder must pay to avoid the late payment fee and maintain the credit score. The balance carried forward attracts huge interest charges.
To be able to use personal loan EMI calculator, one is supposed to enter three essential variables which are total loan amount, rate of interest on loan, and the loan tenure
Here we list out five popular credit cards which provide access to lounge in domestic and international airports
Bajaj Finserv personal loan can be used for a variety of expenses, including but not limited to medical emergencies, home renovation, education, and travel and holidays
Small savings schemes such as PPF, monthly income account, time deposits, senior citizens savings scheme, Sukanya Samriddhi Account and National Savings Certificate offer higher returns than those of fixed deposits (FDs) along with tax benefits
Delayed payouts, family disputes, and red tape await those who skip this critical step. Heres why updating your EPF and EPS nominationsand consolidating old accountsisnt optional.
Debunking common personal loan myths, from eligibility misconceptions to interest rate fears. Learn the facts and make smarter borrowing decisions with this insightful guide designed to help consumers navigate personal loans confidently.