National

Taking an important decision for the mutual fund industry, the Securities and Exchange Board of India (SEBI) has simplified the rules for taking loans i.e. intraday loans during trading. The market regulator believes that this change will give asset management companies (AMCs) more flexibility in cash management and will help in reducing operational challenges. Amendments […]

A rally of Shiv Sena Thackeray faction was held on the foundation day of Shiv Sena. In this, party chief Uddhav Thackeray attacked Shiv Sena Shinde faction, BJP and rebel MPs. He said, I ask you, the way you protected me, it was the order of the Shiv Sena chief. You know how I am. […]

The news of temporary agreement between America and Iran has also started appearing in the Indian markets. Buying in Indian government bonds increased after the fall in crude oil prices and the 10-year bond yield reached its lowest level in 12 weeks. This is expected to provide relief to the economy. The yield of 6.94% […]

The Enforcement Directorate (ED) has taken action against several Bengaluru companies in the alleged illegal international money transfer case through cryptocurrency. ED’s Bengaluru zonal team searched 6 locations under FEMA law. During the investigation, ED investigated the locations associated with companies like Transak, Carret, Xpat (Remit2any), Onramp.money and Onmeta. It is alleged that these companies […]

If your only source of income is house or shop rent, then it would not be right to assume that you do not need to file Income Tax Return (ITR). In many cases, filing ITR may be mandatory even if there is only rental income. Actually, the responsibility of filing ITR depends on what is […]

Indians living abroad (NRIs) may soon get a chance to get higher interest than before on their dollar deposits in Indian banks. Taking the second major step within just 10 days, the Reserve Bank of India (RBI) has given permission to banks to offer higher interest rates on NRI deposits. In the first phase, RBI […]