Indian Taxpayers in 30% Tax Slab on the Rise: Government Data Reveals

Indian Taxpayers in 30% Tax Slab on the Rise: Government Data Reveals

According to government data presented in Parliament on Tuesday, in the financial year 2020-21 which was impacted by the Covid-19 pandemic, out of a total of 6.94 crore taxpayers, 48.4 lakh individual taxpayers or 7.6 percent belonged to the...

S&P Global Ratings Predicts Improving Credit Quality for Finance Companies across India in 2023

S&P Global Ratings Predicts Improving Credit Quality for Finance Companies across India in 2023

S&P Global Ratings' latest report, titled 'Indian Finance Company Outlook 2023', predicts that the asset and credit quality of finance companies (fincos) will continue to improve, bolstered by robust macroeconomic trends. The...

India seemed to sail towards record goods exports this FY amid turbulent waters

India seemed to sail towards record goods exports this FY amid turbulent waters

India's premier financing institution intends merchandise exports to hit a record rising in this fiscal year ending March 31, as geopolitical concerns dent the expansion run rate of outbound shipments. India's exports of goods are...

SBI Mutual Fund enhances Rs 3,600 crore across dividend yield NFO

SBI Mutual Fund enhances Rs 3,600 crore across dividend yield NFO

SBI Mutual Fund stated that it had collected over Rs 3,600 crore in its New Fund Offer (NFO) for a dividend growth fund offering, giving it a market share of over 25 percent in the industry. The fund house collected the amount on the back of a...

SVB saga: Recur Club allots $15 mn to fund payroll for affected Indian startups

SVB saga: Recur Club allots $15 mn to fund payroll for affected Indian startups

Fintech platform Recur Club on Sunday said it has allocated $15 million in financing within 48 hours, to fund payroll and immediate short-term expenses without diluting equity to all Indian startup founders affected by the Silicon Valley Bank...

Why Twitter is Still Relevant in 2023: The Benefits of Using the Platform

Why Twitter is Still Relevant in 2023: The Benefits of Using the Platform

Twitter has been around for over a decade and has remained a popular social media platform with over 330 million monthly active users. While there are new platforms emerging every year, Twitter has maintained its relevance and importance for...

Reserve Bank Of India Will Hold 14-day variable rate Repo Auction For 1 Lakh Crore Today

Reserve Bank Of India Will Hold 14-day variable rate Repo Auction For 1 Lakh Crore Today

RBI will be conducting a 14 day variable rate repo auction on March 10 for injecting almost ₹1 lakh crore into the banking system as said on Thursday. The VRR is usually undertaken for withdrawing excess liquidity from the system....

Kotak Mahindra Bank raises FD rates by up to 50 bps efficiently from today

Kotak Mahindra Bank raises FD rates by up to 50 bps efficiently from today

Kotak Mahindra Bank, a leading and largest lender, has promoted its interest rates on fixed deposits (FDs) of less than Rs 2 crore. The bank increased the interest rates on a few tenors by up to 50 basis points after the modification. For deposits...

Indian Bank introduces special fixed deposit to mark International Women's Day

Indian Bank introduces special fixed deposit to mark International Women's Day

The public sector lender Indian Bank debuts a special fixed deposit (FD) of 400 days for women to mark International Women's Day. The bank has announced "IND Super 400 Days," a special retail term deposit product specifically for...

PB Fintech Group’s MoneyWide Partners Siply For Offering Instant Loans

PB Fintech Group’s MoneyWide Partners Siply For Offering Instant Loans

Fintech lending platform, MoneyWide offers Siply users paper free and instant personal loans at its phygital branches. Siply aims to disburse more than 10,000 loans by FY24 worth ₹100 crore along with this partnership. The fintech aims to...

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