Axis Bank’s share price on Thursday jumped more than one per cent after the private lender announced that it would acquire US-based Citi’s consumer business in India for Rs 12,325 crore. This is one of the largest deals in the Indian financial services space and would help Axis Bank close the gap with…
The last date for Aadhaar-PAN linking is here and you need to complete the procedure on Thursday in order to avoid a penalty. The Income Tax Department has said non-linking of Aadhaar with PAN by March 31, 2022 would attract a penalty of up to Rs 1,000. However, such a Permanent Account Number (PAN) will remain…
The government has hiked Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners by three per cent. The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to release an additional instalment of DA and DR. The new rates are effective from January 1,…
India’s central bank may have to pay a bigger price for ignoring inflation by tightening interest rates much more aggressively later, like the Federal Reserve is doing now, according to the nation’s largest asset manager. “If you don’t normalize gradually and preemptively, you may be in a situation down the…
The income tax return (ITR) filing last date is March 31, 2022 and non-filers may not get any income tax refund, if due. Apart from this, taxpayers who won’t file ITR, may be required to pay higher Tax Deducted at Source (TDS). “Not filing ITR can result in higher TDS next year. The last date to file ITR…
Bitcoin and most of the major cryptocurrencies were trading flat after a week of gains. While Bitcoin was hovering over $47,000-mark, the global cryptocurrency market was in the red. The second largest cryptocurrency by market capitalization, Ethereum, was flat at $3,300-mark. Popular alt coins Dogecoin and Shiba Inu…
Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Tuesday, March 29, 2022. Witnessing a marginal drop of Rs 353 or 0.68 per cent, gold futures maturing on April 5, 2022, are retailing at Rs 51,342 per 10 grams on the MCX. Meanwhile, the rate of silver futures, maturing on May…
Bitcoin price on Monday crossed $47,000-market to hit a three-month high as the global cryptocurrency market was trading in green, according to data on the CoinDesk website. Other popular cryptocurrencies, including Ethereum, extended gains on the share market. BITCOIN PRICE TODAY The world’s largest…
Banking services were partially hit on Monday due to Bharat bandh and the bank strike. A section of employees did not report for duty today in support of the two-day nationwide general strike called by central trade unions, according to a PTI report. The bank strike is scheduled to continue tomorrow. GOVERNMENT BANKS…
Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Monday, March 28, 2022. Witnessing a marginal drop of Rs 157 or 0.30 per cent, gold futures maturing on April 5, 2022, are retailing at Rs 51,784 per 10 grams on the MCX. Meanwhile, the rate of silver futures, maturing on May 5,…