Recent data from IRDAI suggests that awareness regarding insurance has steeply risen among people aged between 26-35.
RBI data showed bank deposits reached Rs 200.8 lakh crore as of December 29, 2023, marking a rise of 13.2% from the corresponding period a year earlier. Of this amount, Rs 176 lakh crore was in term deposits and the rest was in savings and current account.
In the nine months between April and December 2023, the export of these items have risen to $10.5 billion and the tally could touch $14-15b for the full year
The year 2023 was the breakout year for AI, Automation and Industry 4.0, as they made their way into the mainstream. It was also the year when IPOs made a smashing comeback. With Jyoti CNC Automation’s IPO, this year began with a fitting fusion of both. The first company to make its debut on IPO […]
The government on Thursday said it is planning to sell over 2.91 lakh ‘enemy property’ shares in 84 companies to individuals and corporates in tranches as it looks to dispose of assets of individuals who had migrated to Pakistan and China. In the first tranche, the government is looking to sell about 1.88 lakh shares […]
Many borrowers have recently experienced changes in the Marginal Cost of Funds Based Lending Rate (MCLR). As a result, EMIs may become more expensive.
Indians can now receive remittances from Singapore directly into their bank accounts on real-time basis through major UPI and bank apps, like SBI, Axis Bank, and ICICI Bank, the National Payments Corporation of India (NPCI) said on Thursday. This facility can be accessed by users of BHIM, PhonePe, and Paytm apps. Additionally, banks such as […]
Gold Exchange Traded Funds (ETFs) saw inflows of Rs 2,920 crore in 2023, up almost 6-fold from the Rs 459 crore in 2022. Investors plumped for the yellow metal fund as inflation raged above comfort levels and interest rates rose. The asset base of gold ETFs and investors’ accounts experienced growth in the year, according […]
Ahead of the general elections, the Centre is brainstorming ways to extend some form of social security for domestic helps under the extant legislations