This comes in the backdrop of excessive and irrational use of antibiotics in India which fail to work in patients when they are routinely exposed to these drugs.

RBI pointed out that it has come across several cases of non-compliance by these asset reconstruction companies and reiterated that regulations need to be followed

SBI Automotive Opportunities Fund is a thematic mutual fund that aims to generate long-term capital appreciation for unit holders by investing in a portfolio of companies engaged in automotive and allied activities. The scheme opened for subscription on May 17 and will close on May 31.

Vi has completed minimum rollout obligations as mandated by the government, in four circles, Moondra said.

Little wonder its investors are protesting

ONDC has facilitated 7.22 million transactions in April and onboarded over 5 lakh sellers, the DPIIT secretary said.

From time to time, Sebi has released circulars to make a set of rules which govern the criteria for credit rating agencies. The regulator has now released a master circular to enable the investors to have access to all the directions at one place.

One way to check the authenticity of notice sent by the tax department is to cross check the email ID from where it is sent. Alternatively, you can authenticate the veracity of notice by visiting the tax department website.

However, it is important to note that banks will not be closed throughout India. Only specific cities, as declared by the Reserve Bank of India (RBI), will have a holiday. The RBI decides holidays for scheduled commercial banks in the country.

The VC firm, which has backed startups such as Cred, Rebel Foods and MPL, expects to increase the pace of its early-stage investments this year, according to its Asia partner Nishit Garg. There have already been 122 early-stage deals worth $1.05 billion in Indias startup ecosystem so far in 2024.

Rural India is seeing a surge in consumer activity as major packaged goods companies report increased demand. What's driving this growth, and how are companies capitalizing on it?

Investors should focus on long-term financial goals by continuing with the same index in a Systematic Investment Plan (SIP) rather than switching annually to the best-performing index of the previous year, as revealed by a study from WhiteOak Capital Mutual Fund.

Angel One launched an engaging and fun educational platform for youngsters Fin One catering to young investors. It aims to deliver infotainment content that engages, entertains, and empowers, cutting across geographical & socioeconomic barriers

According to estimates by media consulting firm Ormax, Malayalam language films made up 16% of overall gross domestic box office between January and March 2024, higher than Tamil (9%), Hollywood (9%) and Kannada (2%)

Josh Woodward, vice-president of Google Labs, underlined India's penchant for jugaad, and its history of having innovated to country-specific needs with UPI, as key signs for what the future of AI innovation beholds.

Container cargo volume is expected to grow by 8% to 342 million tonne in FY25, amid the risk of a prolonged Red Sea crisis, CareEdge Ratings said

Indias largest telco, Reliance Jio, deposited 3,000 crore, while Bharti Airtel and Vodafone Idea deposited 1,050 crore and 300 crore, respectively, according to data from the department of telecommunications (DoT) released on Thursday.

Mahindra & Mahindra to invest 26,000 crore in electric vehicles and conventional IC-engine business by 2030. Strong Q4FY24 performance saw record sales of 126,000 units, with revenue from operations increasing 11.24% year-on-year.

Deepak Shenoy has lent a counter-view on the issue saying that taxes are not high at all in real estate, compared to all the subsidies one gets in the sector.

Maternity insurance plans have become increasingly popular amid rising healthcare costs, with an 80 per cent YoY rise in FY24.

Gold consumption in China has increased by over 6% this year despite higher prices. There is a lesson for the rest of the world in this

Indian workers do not face a level-playing field when it comes to receiving social security benefits in some countries like the US and UK. And it may not get better.

For withdrawal of your EPF money, you should ensure that you have seeded relevant details in the EPFO database. These details are as follows: Aadhaar, bank account number along with IFSC details and your Permanent Account Number (PAN).

Retirement goals are among the most important since the accumulated money is consumed over years and the post-retirement stage for most is quite long.

SBI offers home loans in the range of 9.15 percent to 9.65 percent based on the CIBIL score. The higher the score, the lower the interest rate. When the CIBIL score is above 750, the bank charges 9.15 percent and when the score is between 550 to 649, the bank gives loan at 9.65 percent

Rather than stoking demand, the 80% drop in lithium prices from November 2022 to February 2024 may have caused potential customers to delay their purchase in expectation of even lower prices ahead, a top Tata Motors official said.

Investors can take exposure to gold via ETFs and Sovereign Gold Bonds. Gold should be viewed as a diversification tool in a portfolio, not for high returns. Central banks' strong demand for gold has surged prices, with majority purchases from emerging markets.

Insiders said that there has been a subtle shift in stance on lateral hires during the tenure of the current chief executive Debadatta Chand who took over less than a year ago

Indian regulators drive real estate sector transformation with progressive reforms including RERA Act, GST, and REIT regulations. SM REITs democratize access to real estate investing, offering transparency, liquidity, and diversification for retail investors.

The government plans to crack down on fake reviews.Ministry of Consumer Affairs has proposed a quality control order for e-commerce players

About 56% of Indias total disease burden is due to unhealthy diets. Healthy diets coupled with physical activity can tame the surge in non-communicable diseases like hypertension and diabetes, and prevent premature deaths.

NRIs given a breather of one year to complete KYC requirements and MF investors can get validated via either email or mobile verification rather than both.

Union government has allocated 43.5 trillion for building infrastructure over the last 10 years

Google went on the AI offensive by plastering its AI model and tool, Gemini, on every consumer platform. India, with a massive user base for popular Google services such as Android, Gmail and Chrome, will be key for it to be noticed by developersand in turn, monetizable enterprises.

The EPFO has come out with an arrangement wherein 19 regional offices are linked to 36 collaborating regional offices in order to expedite the claim settlement process.

Whether its an RIA, PMS provider, MF distributor or RA, ascertain their qualifications, experience and charges before you proceed

Late last month, JioCinema said its premium plan will include ad-free content across languages, including original series and TV entertainment on any device, for 29 a month. The new plan could help widen Indias OTT market and bring fence-sitters into the streaming universe.

Bhandari explained that green hydrogen and chemicals will primarily be areas of significant investment, with significant revenue expected to commence towards the end of a two-to three-year horizon. Green hydrogen can power clean transportation, and is used to manufacture chemicals and fertilizers.

Kangana Ranauts assets entail 50 insurance policies issued by the Life Insurance Corporation (LIC), gold weighing 6.7 kg amounting to 5 crore, silver weighing 60 kg amounting to 50 lakh and diamonds amounting to 3 crore.

The number of individual traders in the derivative segment has surged from 710,000 in 2018-19 to 4.52 million in 2021-22 and 9.57 million in 2022-23

Books like 'The Money Book for the Young, Fabulous & Broke,' 'Let's Talk Money,' and 'The Intelligent Investor' offer practical insights on managing money, investing, and building wealth for young adults.

Medical tourism is on the rise globally, with individuals seeking top healthcare treatments worldwide. Global health insurance plays a crucial role in ensuring a seamless healthcare journey, addressing financial challenges and providing access to quality care across borders.

In just the first month of the fiscal year, more than 20% of the capex allocated to the ministry of road transport and highways has been spent. In FY24, this level of spending was achieved only by the end of May.

Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. NIDO Group introduces unmanned goods movement system in Tier 2 and 3 cities.

Investing in mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index offers exposure to specific sectors. Nifty Bank Index includes liquid Indian banking stocks, while Nifty PSU Bank Index focuses on public sector banks.

State Bank of India raises fixed deposit interest rate on these tenors

SCSS, POMIS, and FRSBs are low-risk options for seniors seeking regular income. SCSS offers 8.2%, POMIS 7.4%, and FRSBs 8.05% interest annually. Combining investments in all three can yield a monthly income of approximately 52,000, with room to grow using FRSBs.

Income tax return filing deadline of July 31 is exactly 75 days from now. The tax department has already released the requisite forms. You can check the form that is applicable in your case, and you can then start the process to avoid the last-minute glitches

The IT department has been issuing a flurry of tax notices to NRIs who sold property in India in the past and did not pay capital gains tax or failed to file an ITR to report the sale

Industry experts say that most of the shows are targeted at the hardcore endorsers of existing majoritarian sentiments, and illustrate how media, including films and other entertainment avenues, is exploited by political parties for electoral gains.