Amid the speculation of price hikes, the rates of petrol and diesel remain constant on the domestic market on March 15. The prices remained steady in cities such as New Delhi, Kolkata, Mumbai, Chennai, and Bangalore. In India, petrol and diesel prices depend on various factors like demand for fuel, valuation of INR…
The Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank Ltd to stop onboarding of new customers with immediate effect. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. The RBI took the decision in exercise of its powers under section…
The government has issued an important order highlighting key rules pertaining to provisional pension, gratuity and payment of interest. This comes as a relief for pensioners whose regular pension gets delayed after retirement. “Payment of Provisional Pension and gratuity under Rule 62 of the Central Civil…
Mukesh Ambani’s Reliance Industries and US giant Amazon have been vying to get an upper hand in one of the world’s fastest-growing retail markets which is India. This is the reason why for more than a year, Amazon.com Inc and Future Group have been locked in a complex legal stand-off that has stalled…
Three checkered oil regimes that American President Joe Biden and past US leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are now targets of US outreach as global fuel prices reach jarring levels during the Ukraine crisis. But it’s not clear any US diplomacy could get more crude oil…
The income tax department has issued a reminder to taxpayers. Income Taxpayers, whose cases are under scrutiny, must complete the process by March 31, 2022. The tax department has asked taxpayers to timely comply with notices issued by it. “Gentle reminder to taxpayers whose cases are under scrutiny,to be…
Bitcoin’s price fell below the $40,000-mark and the global cryptocurrency market was trading in the red amid ongoing uncertainty about inflation and international oil prices due to the ongoing Russia-Ukraine war. However, the release of US President Joe Biden’s executive order on cryptocurrency provided a…
LIC’s initial public offering (IPO) has received a nod from market regulator the Securities and Exchange Board of India (Sebi). The approval was granted within 22 days of filing draft red herring prospectus (DRHP) by the country’s largest insurer, Sebi, according to a Business Today report. IPO approvals…
When the Covid-19 pandemic triggered a 20% slump in traditional modes of advertising in the country, social media influencers enjoyed a 46% increase in their ad-based revenue, says a new study. The Digital Marketing Agencies in India conducted a survey among 250 marketers and social media influencers in February 2022.…
Despite this natural acumen of saving in women, there exists a wide gender gap when it comes to investing. This should not be the norm as ample investment opportunities do exist these days, some particularly curated for women investors. To change the status quo in the gender divide on International Women’s Day,…