[ad_1] Mumbai: The gross non-performing asset (NPA) ratio of the country's scheduled commercial banks fell to a 12-year low of 2.80 per cent at the end of the last financial year i.e. 2023-24, while the net NPA ratio has come down to 0.60 per cent, said the 29th Financial Stability …
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RBI warns against sharp increase in derivative trading volumes
[ad_1] Mumbai: The Reserve Bank of India (RBI) has cautioned against the sharp increase in the volume of derivatives trading in India in its Financial Stability Report (FSR). Without proper risk management, retail investors can get caught in sudden market volatility. The report also said that the increase in short-term …
Read More »Did the price of gold and silver change today? Know the latest rates
[ad_1] There has been a change in the price of gold today on Friday. 22 carat gold has become costlier by Rs 400. Also, if we talk about the prices of silver, there has been no change in it. Gold prices were at a record high in the global market …
Read More »Know what is the price of petrol and diesel in your city today
[ad_1] New prices of petrol and diesel across the country have been announced today morning on 28 June. However, there was no change in fuel prices at the national level. But fuel prices in India are decided on the basis of international crude oil prices. Today's petrol price in major …
Read More »More than 800 cases of online financial fraud are reported daily across the country
[ad_1] Every day about 800 cases of online financial fraud are reported in India. Which is ten times more than the annual figures shown by the Reserve Bank of India (RBI). That is why this distance In its report, RBI has considered only those cases where online fraud of more …
Read More »Tourist Indians send a whopping $107 billion to the country in 2023-24
[ad_1] Overseas Indians paid out an unprecedented $107 billion to their families in FY 2023-24. Remittances crossed the $100 billion mark for the second consecutive year. Significantly, remittances are more than double the total $54 billion invested by foreign direct investment (FDI) and foreign portfolio investors (FPI) in India during …
Read More »Provision of cheap loans possible for IREDA, HUDCO in budget
[ad_1] 38 mins ago Business The Union Budget to be presented next month is likely to provide cheap loans to two major state-owned companies, the Indian Renewable Energy Development Agency (IREDA) and the Housing and Urban Development Corporation Ltd (HUDCO). The government has …
Read More »Do this work regarding income tax in advance, so that the refund comes directly into the account after filing the return
[ad_1] ITR filling: The date for filing income tax returns is slowly approaching. Most salaried employees have already received Form 16 from their employers after June 15, so now they can easily start the process of filing income tax returns. Although the last date for filing ITR is July 31, …
Read More »Lower corporate tax scheme for new manufacturing units may be implemented again
[ad_1] To keep the private capital expenditure cycle going, the government may announce a new scheme of concessional corporate tax rate for new manufacturing units in the next general budget. The new scheme may also be similar to the previous scheme. In which a concessional rate of 15 per cent …
Read More »After JIO, Airtel increased the price, know when it will be implemented?
[ad_1] After Reliance Jio, Bharti Airtel has also increased the mobile tariff. It has increased a lot. A hike of 10-21 percent has been announced in its mobile rates. The increased prices will be applicable from July 3. Its effect will be seen on both postpaid and prepaid customers. So …
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North India Statesman