-
Gold demand melting on high prices
Consumption has been the lowest in 10 quarters and has decreased by 17% in March quarter, compared to the March quarter of last year. During the March quarter this year, only 112.5 tonne of gold has been consumed
-
No TCS on international credit card payment under Rs 7 lakh
To avoid procedural ambiguity, it has been decided that any payments using international debit or credit card up to Rs 7 lakh per financial year will be excluded from the LRS limit
-
Reverse mortgage: Get paid by bank and spend life in comfort
You pay installments, and in the end, the mortgaged asset becomes yours. But in reverse mortgage, it’s the opposite.You keep the ownership of your property with the bank or financial institution and, in return, receive money in installments.
-
Shein rides on Reliance to re-enter India
Shein makes it way back to India; Future Retail gets Rs 550 cr bid; Swiggy swings into profit
-
Rs 2,000 rupee note withdrawn but will remain legal tender
If someone wants to exchange these notes with that of other denominations they can go in bank and exchange them. However, in one time you can only exchange 10 notes, meaning you can exchange only Rs 20,000 at a time in any bank.
-
No WhatsApp calls from phones without SIM
The government has instructed WhatsApp to introduce a SIM binding feature
-
PoS machines, offline payment aggregators to come under RBI regulatory zone
Officials claim that the move would put companies such as Pine Labs, Innoviti Payments, Ezetap and MSwipe in the regulatory zone. These companies provide QR code terminals at offline merchants, PoS terminals and mobile payment terminals.
-
Senior citizens pump up SCSS inflow; deposit Rs 10,000 cr in April
The amount is more than 300% of the average collection made by the scheme in the month of April, finance ministry officials said
-
Buyers may be spared as ONDC plans charges to meet running cost
ONDC is planning two types of fees to meet its costs. One would be an annual registry fee for all network participants and the second a fee on all transations going through the network.
-
Small investors to get a bigger say in their REIT, InVIT holdings
Sebi has floated the idea of self-sponsored REITs/InVits, along with allowing some unitholders the right to nominate their representatives on the board
