Rating agency ICRA sees a record double-digit expansion of 10.1 per cent in India’s gross domestic product (GDP) in the financial year 2022. However, it cautioned that the value of GDP will mildly surpass the level that had been recorded in the financial year 2020. It also expects a multi-speed recovery in the next financial […]
Indian equity market will continue to stay strong in 2021 with the likely recovery in the economy and earnings. The benchmark equity indices BSE Sensex and NSE Nifty had advanced nearly 16% last year after central banks expanded their balance sheet and interest rates declined sharply leading to a wave of liquidity globally. Overall, the […]
Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Consumer, Oberoi Realty, Indian Energy Exchange, ICICI Securities, Varun Beverages, Security and Intelligence Services (SIS) and Gujarat Gas amid the ongoing rally in the domestic equity market. Barring SIS (down 12%), shares […]
Online transfer of funds has now well and truly taken roots. Consumers now use more of online transfer than cheques to conduct banking transactions. One of the routes for online transactions– Real Time Gross Settlement (RTGS) – will now work 24×7. Earlier you could make an RTGS transfer only from 7 am to 6 pm […]
In a madly competitive age where everyone’s struggling to make ends meet, one often looks for alternative sources of income to manage daily expenses comfortably. From a variety of part-time jobs available today, one must look for a secure route that offers good money along with flexible hours. One such option can be to become […]
Initial data about the Dhanteras festival in November suggests that while jewellery demand was still below average, it had substantially recovered from the lows seen in the second quarter (April-June 2020) of last year, it said.
New Delhi: The Income Tax Department on January 13 said it has issued refunds worth over Rs 1.73 lakh crore to more than 1.57 crore taxpayers in the ongoing fiscal till January 11. Of this, personal income tax refunds are worth Rs 57,139 crore, while corporate tax refunds are worth Rs 1.15 lakh crore. CBDT […]
experts believe bitcoin may hit Rs 1 crore
The Indian government recently announced its decision to bring digital audio-video content, including films and web shows on OTT (over the top) platforms, as well as online news and current affairs platforms under the ambit of the Information and Broadcasting (I&B) Ministry. Following the announcement, YouGov, a global market research and data company, conducted a […]