Category: Business

Shariah Savings Accounts Top Best Buy Tables – Should You Consider Them? | Personal Finance | Finance

While most customers prefer to bank according to Islamic law, Shariah accounts are open to everyone regardless of religion or culture. Some non-Muslim savers may find the higher savings rates on...

Goverment issues draft guidelines for listing of RRBs; minimum net worth of ₹300 crore required

The regional rural banks should also have capital adequacy above the regulatory minimum level of 9% in each of the preceding three years. The regional rural banks should also have capital adequacy above...

Govt cuts WINDFALL profit tax on domestic crude oil; scraps LEVY on jet fuel | Economy News

New Delhi: The government cut the windfall profit tax on locally-produced crude oil and diesel on Saturday, in line with a fall in international rates, and scrapped the levy on the export...

Santander offers advice on how to avoid scams after man receives fake text | Personal Finance | Finance

The bank encourages people not to make a hasty decision, hang up the phone and call their bank using the number on the back of their card.Many Britons reported receiving a Fraud...

Impossible to accept 95% haircuts for banks under IBC: Sitharaman

FM urges resolution professionals, Insolvency Board to step up to fresh challenges from global turmoil  FM urges resolution professionals, Insolvency Board to step up to fresh challenges from global turmoil   It is unacceptable that...

China’s navy struggling to find qualified fighter jet pilot for 3 aircraft carriers: Report | Aviation News

China's navy, which recently commissioned two aircraft carriers and launched a third in June, is accelerating the pilot training programme because it is having trouble finding enough qualified pilots to fly fighter...

DWP Confirms 6 Million £150 Living Expenses Processed | Personal Finance | Finance

Department for Work and Pensions Secretary, Chloe Smith, said: We know disabled people face additional costs and this Government is taking concrete action to protect the most vulnerable in our society.“In addition...

Government defers plan to impose excise duty on unblended petrol and diesel

The levy will now be implemented from November 1 for petrol and April 1, 2023 for diesel The levy will now be implemented from November 1 for petrol and April 1, 2023 for...

LIC HFL hikes lending rate by 0.50% | Personal Finance News

New Delhi: Mortgage lender LIC Housing Finance on Friday hiked its lending rates by 0.50 per cent, hours after a similar move by the RBI. The company increased the LIC Housing Prime Lending...

Barclays offers new savings account at 5.12 per cent | Personal Finance | Finance

It raised its benchmark interest rate this month to 2.25 percent, the lowest in 14 years, in an effort to curb spiraling rates.As savings providers may increase their rates, savers are urged...

Centre looks to revamp National Informatics Centre, its tech arm

The government has issued a Request for Proposal (RFP) for selection of a consultant for NIC’s organizational restructuring. The government has issued a Request for Proposal (RFP) for selection of a consultant for...

Tax Audit Due Date for AY2022-23: Taxpayers, CAs demand last date extension; CBDT responds | Personal Finance News

Tax Audit Date Extension Latest Update: Today is the last day for income tax audit report filing and the taxpayers as well as chartered accountants have been demanding the government to extend...

Energy price cap: Bills ‘significantly higher’ from tomorrow – what you need to know | Personal Finance | Finance

Tomorrow, October 1, the Energy The price ceiling is due to rise. Although this is less than previously expected, due to government intervention, the increase will be even more significant.Ofgem has...

Industry reactions to RBI increase in repo rates

RBI increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. RBI increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. The Monetary Policy Committee...

PM Narendra Modi flags off Vande Bharat 2.0 train: Check top speed, features HERE – All you need to know | Railways News

Indian Prime Minister Narendra Modi has inaugurated the third Vande Bharat Express for the country today, which is run between the state capitals of Maharashtra and Gujarat. The Mumbai-Gandhinagar Vande Bharat is...

Liz Truss shares the latest details on how you can ‘support your income’ – watch now | Personal Finance | Finance

Prime Minister Liz Truss has urged Britons to check the government website to see what kind of income support they can get. He tweeted: “We are facing tough economic times globally....
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