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Regulator in talks with govt for NPS overhaul
The pension regulator is in talks with the government for an overhaul of the National Pension System (NPS) — including changes to the tax regime, allowing insurance agents to hawk the scheme and launching systematic withdrawal plans as well as annuities indexed to inflation to offer higher returns — PFRDA chairman Supratim Bandyopadhyay told TOI in an interview. -
Renault, Nissan To Bring 4 New SUVs For India: All You Need To Know
With a combined manufacturing capacity of 480,000 units at their Oragadam facility in Tamil Nadu, Renault and Nissan are gearing up to regain lost market share.
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Not Even Prime Minister's Vehicles Are Immune To Delhi Diesel Car Ban...
The Special Protection Group (SPG) had sought an extension for armored vehicles for PM Modi, but the NGT dismissed the request. -
Big Blow To Home Loan Borrowers! HDFC Bank Raises Lending Rates To 9.8%
The repo-linked lending rate is directly tied to the RBI repo rate, which has remained steady at 6.50 percent since April 2023. -
Citroen Basalt SUV-Coupe Unveiled Globally: Check Design, Features, Specs And Other Details
Basalt will be powered by a 110hp, 1.2-litre turbo-petrol engine, paired with either a manual or torque converter automatic transmission.
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SBI revises annual maintenance charges for debit cards effective April 1: Here's what you need to know
SBI adjusts debit card charges from April 1, 2024, impacting various card types. Changes aim to enhance service quality. Additionally, SBI Cards alter reward point policies for rent payments, effective April 1, 2024. -
What is the T+0 system? India’s stock market starts world’s fastest stock settlement - check full list of stocks, benefits & more
T+0 settlement system - the world's shortest! India's stock market has introduced the T+0 settlement system, settling trades on the same day, departing from the current T+1 cycle. The 'Beta version' launch will ensure smooth transition. The new system enhances liquidity and efficiency, benefiting retail traders. -
Banks To Remain Open On March 30 And 31: Check Transactions That You Can Do On Saturday, Sunday
RBI said that it is mandatory for all banks to participate in the special clearing operations on March 30 & 31, 2024. -
Adani’s Copper Unit In Mundra Begins Operations, To Generate 7,000 Jobs
Adani Enterprises is investing nearly $1.2 billion to set up a copper smelter with 0.5 MTPA (million tonnes per annum) capacity in the first phase. -
Ray Dalio: China must fix debt problems or face ‘lost decade’
The billionaire founder of Bridgewater Associates shared his views in an extensive LinkedIn post, expressing agreement with Chinese President Xi Jinping's cautionary words about a century of unparalleled transformation. He specifically referenced the Chinese Communist Party's motto of "great changes unseen in a century," which forecasts a significant shift in the global order. -
Not Even Prime Minister's Vehicle Are Immune To Delhi Diesel Car Ban...
The Special Protection Group (SPG) had sought an extension for armored vehicles for PM Modi, but the NGT dismissed the request. -
Market Extend Winning Momentum For 2nd Day Running On Foreign Fund Inflows, Rally In US Equities
The 30-share BSE Sensex climbed 342.48 points to 73,338.79 in early trade. The NSE Nifty went up by 96.25 points to 22,219.90. -
Rupee Turns Flat At 83.33 Against US Dollar In Early Trade
Brent crude futures, the global oil benchmark, rose 0.53 per cent to USD 86.56 per barrel. -
Stock market today: BSE Sensex jumps 150 points to cross 73,000; Nifty50 near 21,150
Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, opened in green on the last trading day of the fiscal year. Markets will be closed on account of Good Friday holiday on March 29. -
Sovereign Gold Bond 2016 Series II Maturing Today, March 28: Final Redemption Price And Other Key Details
The Sovereign Gold Bond is repayable on the expiration of eight years from the date of the issue of the Gold Bonds. -
Govt set to borrow half of Rs 14L cr target in H1 of fiscal
Government intends to borrow Rs 7.5 lakh crore in the first half of FY25 through bond auctions and Rs 49,000 crore via treasury bills in the first quarter. The borrowing strategy aims to align with fiscal deficit targets and reduce gross borrowing. -
RBI relaxes alternate fund norms for lenders
RBI relaxes AIF norms by requiring provisions only for debtor company investments. Dec 2023 rules aimed to prevent 'evergreening'. Fund of funds remain unaffected. Debate on converting hybrid securities to equity for REs. -
Trump's media co adds over $1 billion in value after mkt debut
Trump's Media & Technology surges with investors betting on re-election. Truth Social gains $959M value. Legal woes include criminal trial over hush money to conceal payments to porn star. -
Cocoa price leaves bitter taste for chocoholics
Rising cocoa prices globally impact chocolate makers like Mondelez, Hershey's, and Nestle, who may increase prices. Home-grown chocolate makers, biscuit manufacturers, and bakeries using cocoa derivatives also face challenges amid the supply crunch. -
AI jobs grow twice as fast as other digital roles
With generative AI creating enormous excitement across industries, demand for professionals skilled in AI and machine learning (ML) is soaring in India. Staffing firm Randstad says hiring for AI and ML roles has been increasing by 30% each year since the pandemic, while demand for other digital skills has been growing at half that rate. It estimates there are about 200,000 professionals skilled in AI/ML in India. -
World's fastest stock settlement kicks off
BSE and NSE to introduce T+0 settlement for 25 stocks in India, reducing risks and freeing up funds. Buyers get stocks in demat accounts. Market institutions and brokers offer faster settlement within price band. -
Kalyani Group to sue Baba's nephew, niece
Kalyani Group plans to sue Sameer Hiremath and Pallavi Swadi for defaming Baba Kalyani over false allegations regarding family asset division, including Bharat Forge. Sameer and Pallavi face a defamation suit involving media disclosure, malicious intent, and an ownership dispute with their mother over Hikal. -
Maruti rejigs senior management
Partho Banerjee appointed Maruti Suzuki marketing & sales head. Tarun Aggarwal leads engineering. Sandeep Raina, Rajesh Uppal, Manoj Gautam assume new roles. Salil B Lal appointed HR head. -
RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Here's Why
The central bank also imposed a penalty of Rs 1 lakh on West Bengal's The Howrah District Central Co-operative Bank. -
Dr Reddy's to exclusively distribute Sanofi's vaccine portfolio in India
Dr Reddy’s Laboratories on Wednesday informed the bourses has entered into an exclusive partnership with Sanofi Healthcare India Pvt Ltd for the distribution of the latter’s vaccine portfolio in the Indian market. As part of the agreement, while Dr Reddy’s will have exclusive rights to promote and distribute Sanofi’s paediatric and adult vaccine brands in India, Sanofi will continue to own, manufacture, and import these brands to the country. -
Lexus LX500d Review: Exudes Toughness, Strong Road Presence But Expensive Too
Lexus LX500d: The Lexus LX500d demands attention at every turn. With its imposing size of over five meters in length and nearly two meters in width, a single glance won't suffice.
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RBI Announces Schedule For Monetary Policy Committee Meetings
During these meetings, the six-member panel, which includes the governor, votes on a resolution typically on the third day. -
Lexus LX500d Review Drive Experience price and Features
Lexus LX500d: The Lexus LX500d demands attention at every turn. With its imposing size of over five meters in length and nearly two meters in width, a single glance won't suffice.
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Big Mishap Averted: IndiGo Plane Hits Air India Express Plane At Kolkata Airport Runway; Probe Ordered
The Directorate General of Civil Aviation (DGCA) has taken action against IndiGo Airlines pilots following an incident at Kolkata Airport.
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Delhi Man's Rs 340 Cab Booking Turns Into Rs 648 Nightmare: Here's What Happened NEXT
Upon reaching their destination, the Uber driver demanded Rs 648 for the ride.
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