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Breaking Brief

  • Yet another Aadhaar misuse: Software developer defrauded of Rs 10,000

    Software pro now victim of Aadhaar fraud

    Misuse of Aadhaar card for frauds in banking sector are incfreasing leading to call for much stricter security for the data

  • Sebi vs ‘finfluencers’: Can regulator win?

    Sebi vs ‘finfluencers’: Can regulator win?

    With the boom in equity markets sweeping India, the menace of self-proclaimed gurus has invaded the domain of investment advisers too. With the stock market regulator Sebi eager to crack down on this growing unregulated segment where a number of half-baked and downright charlatans are thriving, a report by The Economic Times has said that […]

  • PM Vishwakarma Yojana: Everything you need to know

    PM Vishwakarma Yojana: Everything you need to know

    PM modi launched PM Vishwakarma yojana on the occasion of Vishwakarma Jayanti on Sunday.  Vishwakarma Yojana is a centrally sponsored scheme. Under this cheaper loans will be provided to traditional artisans and craftsmen. Giving details, finance minister Nirmala Sitharaman said the government will provide subsidy of up to 8 percent on interest of loan without […]

  • E-commerce platforms expected to log high sales during festive season

    Ecomm set to report record festive sales

    Fueling an estimated 18-20% growth in the demand and sales this season will be about 14 crore shoppers who are expected to shop at least once in the months to come.

  • A dozen luxury brands set to start discovery of India

    A dozen luxury brands set to start discovery of India

    India is the only big economy that is universally expected to grow at a fast clip now, and, therefore, a slew of foreign luxury brands are stepping into the country during the festive season to take advantage of the projected spurt in consumer spending.

  • Indian gig workers vulnerable to economic smacks

    Indian gig workers vulnerable to economic smacks

    What is concerning is that out of those gig workers surveyed, close to 40% were the primary breadwinners for their family. Moreover, 66.2% of gig workers did not have any savings, while 8.2% were unable to save, despite aspiring to do so. 

  • SBI projects income to grow 7.5x by 2047

    SBI projects income to grow 7.5x by 2047

    The study by the country’s largest bank also projected that the weighted mean income of the income tax filers in India would rise from Rs 13 lakh in 2021-22 to about Rs 49.9 lakh in 2046-47

  • Earning from Twitter may attract GST

    Earning from Twitter may attract GST

    If the total income of a person from various services including rental income, interest on bank fixed deposits and other professional services exceeds Rs 20 lakh in a year, it will be taxed

  • SEBI simplifies KYC norms for onboarding customers

    SEBI simplifies KYC norms for onboarding customers

    Now, as per its recent circular,  KRAs can authenticate the customer’s identity within 2 days of them submitting documents. Additionally, KRAs can begin the customer validation process after their account has already been opened. 

  • Factory output growth for June at 3.7%

    Factory output growth for June at 3.7%

    The factory output growth in terms of the Index of Industrial Production stood at 12.6% in June 2022 due to a lower base effect

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