Automated Teller Machines (ATMs) across banks are all set to undergo a change from Sunday, August 1, following an order from the Reserve Bank of India (RBI). From this day, the interchange fee that banks charge after each transaction on the ATM machine will go up by ₹2, according to the order issued by the …
ATM cash withdrawals to cost more from today, details here Read More »
Tesla chief executive and billionaire Elon Musk supported the move of a gaming company challenging the removal of its application by Apple from its app store. Musk slammed the tech giant’s app store fees, calling them a “global tax on the internet”. “Apple app store fees are a de facto global tax on the Internet. …
‘Epic is right’: Elon Musk slams Apple’s app store fees | World News Read More »
The offer is valid for a month, till August 31. By hindustantimes.com | Written by Karan Manral, New Delhi PUBLISHED ON JUL 31, 2021 07:20 PM IST State Bank of India (SBI) on Saturday announced a special “Monsoon Dhamaka” offer for its customers under which homebuyers will be able to avail loans without any processing …
SBI’s ‘Monsoon Dhamaka’ offer: Bank waives off processing fee on home loans Read More »
Microsoft is in advanced talks to pick up a stake in hotel chain Oyo at a valuation of about $9 billion (around ₹67,000 crore), reports have said. Reuters reported that the deal could be announced in the coming weeks ahead of an initial public offering (IPO) planned by Oyo. Ritesh Agarwal, Oyo’s founder and chief …
Microsoft in advanced talks to buy stake in Oyo: Reports Read More »
The month of August will bring several changes to banking rules, which will impact the day-to-day operations performed by account holders. While those paying the equated monthly installments (EMIs) and receiving salaries will benefit, these changes could pinch account holders who use ATM cards frequently. The changes coming into force from Sunday are a result …
5 changes coming into effect from August 1, will impact salary, EMI payments Read More »
If you have a demat account for the stock market and related investments, then you will now have to provide information about your source income in Know Your Customer (KYC) form. The failure to do so may result in the closure of your demat account after Saturday, July 31. Many brokerage companies are sending emails …
Your Demat accounts to be closed if proof of income in KYC not provided by July 31 Read More »
As part of its efforts to do away with redundant provisions and clean up the statutory framework, the Central Board of Direct Taxes (CBDT) has dropped 24 rules and over 70 forms from its playbook. In an amendment to Income Tax Rules, 1961, published on Thursday, the CBDT said the rules and forms were being …
CBDT drops forms, redundant rules in framework cleanup Read More »
US solar panel maker First Solar, Inc. on Friday said it will invest $684 million to build a 3.3 gigawatt (GW) solar module plant in Tamil Nadu, in yet another example of India’s import barriers on solar gear inspiring local manufacturing. Apart from Mukesh Ambani controlled Reliance Industries Ltd’s plans to set up an integrated …
First Solar plans $684 mn investment in TN facility Read More »
Tata Motors Ltd, the country’s largest automaker by revenue, will stick to its plan to turn debt-free by FY24 despite its businesses being adversely impacted by the pandemic, chairman Natarajan Chandrasekaran said on Friday. Addressing the company’s annual general meeting, Chandrasekaran said the Tata Motors management is confident of reducing debt due to improved free …
Eight infrastructure sectors grew 1.1% in June from the preceding month after the contraction in April and May due to the devastating impact of the second wave of the coronavirus pandemic, month-on-month calculations showed. This further confirmed the trend visible in other high-frequency indicators, which showed the economy may have bottomed out in May, with …