Business

14

Feb

By The Press Editor

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Business

Want to request premature redemption? Don’t miss these important dates – India TV

Image Source : PIXABAY The SGBs are transferable to any other eligible investor and can be gifted as well. Sovereign Gold Bonds: Sovereign Gold Bonds or SGBs are government securities that let people invest in gold without the need to physically hold it. SGBs are issued by the Reserve Bank on behalf of the Government of India and are denominated in grams of gold. Sovereign Gold Bonds: Is premature redemption allowed? The tenor of the Sovereign Gold Bond is 8 years. However, early encashment or redemption is allowed after the fifth year from the date of issue on coupon payment…

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13

Feb

By The Press Editor

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Business

Credit card users must know differences between these two – India TV

Image Source : PIXABAY Credit Card issuers let users check unbilled transactions in various ways. Unbilled vs Outstanding amount: A credit card is an important tool that allows users to purchase costly items without much hustle as it will let users convert the total amount into affordable EMIs. Moreover, credit card offers several advantages like cashback offers, access to lounge and others. In order to avail of all these benefits, users must know all the aspects related to credit card usage. Two such aspects are unbilled amounts and outstanding amounts in credit cards. Some people usually get confused between the…

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13

Feb

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Business

Sensex, Nifty pare gains, end in red for 7th consecutive day – India TV

Image Source : PTI Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,969.30 crore on Wednesday. Benchmark indices Sensex and Nifty pared early gains to end the session in the red for the seventh straight day on Thursday. While the 30-share BSE Sensex dipped 32.11 points or 0.04 per cent to settle at 76,138.97, the NSE Nifty slipped 13.85 points or 0.06 per cent to 23,031.40 at the end of the session. The index stayed in the positive zone for the most part of the session. The benchmark swirlled 751.1 points between the day's high of 76,764.53 and low of…

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13

Feb

By The Press Editor

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Business

Does checking credit score often affect it adversely? Know some major misconceptions – India TV

Image Source : PIXABAY It is good to keep a tap on your credit score. Credit score is an important part of everyone's financial journey. It is a three-digit number that can be helpful when applying for a credit card or loan. There are four main credit bureaus in India - Credit Information Bureau (India) Limited (CIBIL), Equifax, Experian and CRIF Highmark. However, CIBIL is the most prominent among them.  What is a good CIBIL score? Anything above 750 is considered to be an excellent CIBIL score while one in the range of 650-749 is considered to be good. A…

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13

Feb

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Business

TRAI further tightens rules to curb spam calls, prescribes fines of up to Rs 10 lakh – India TV

Image Source : PIXABAY The new rules will be implemented in two phases within 30 and 60 days. The Telecom Regulatory Authority of India (TRAI) has further tightened rules to curb unsolicited calls and messages. According to the telecom regulator, telecom operators will now face financial penalties in case they fail to implement the provisions of the rule.  Fine of up to Rs 10 lakh Telecom regulator TRAI has intensified its crackdown on pesky calls and messages. In case of case of failure of the access providers to implement amendments in the regulation in Telecom Commercial Communications Customer Preference Regulations,…

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13

Feb

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Business

Indian Railways to get 9 new trains after successful trail run – India TV

Image Source : PTI/FILE Vande Bharat Sleeper train In the major development, the Indian Railway is set to get 9 new Vande Bharat Sleeper Trains as the Ministry of Railways has ordered their production by the end of December 2025, the Indian Express reported. The decision by the ministry came in the wake of the successful trial run of the first Vande Bharat Sleeper train.  ICF Chennai to manufacture Vande Bharat Sleeper Reportedly, the officials have said that these 16-car trains will be produced by the Integral Coach Factory (ICF), the Indian Railways’ manufacturing unit in Chennai. Along with the 16-car variant…

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13

Feb

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Business

Sensex down over 100 points, Nifty below 23,050 – India TV

Image Source : PTI/FILE At the open, the Sensex was down 111.58 points or 0.15 per cent Market Opening Bell: Benchmark indices Sensex and Nifty opened marginally lower on Wednesday i.e. February 12 amid mixed global cues. The market declined for the sixth straight session. While the 30-share BSE benchmark Sensex dropped 104.61 points or 0.14 per cent to 76,189 in initial trade, the NSE Nifty shed 18.20 points or 0.08 per cent to 23,053.  From the 30-share blue-chip pack, TCS, Infosys, Tech Mahindra and HCL Tech were among the gainers. On the other hand, Mahindra & Mahindra, Zomato, Reliance…

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12

Feb

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Business

IRCTC Dividend 2025: Railway PSU declares second interim dividend

Image Source : FILE/INDIA TV State-owned IRCTC has reported a 13 per cent rise in consolidated PAT. IRCTC Dividend 2025: Indian Railway Catering and Tourism Corporation (IRCTC) has announced the second interim for the financial year 2024-25. The state-owned company has fixed a record date for this corporate action and has also shared information related to the payment of the interim dividend to eligible shareholders.  IRCTC Dividend 2025: Interim dividend amount The ticketing platform has announced a second interim dividend of Rs 3 per equity share with a face value of Rs 2.50 each.  IRCTC Dividend 2025: Record date According…

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12

Feb

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Business

New Income Tax Bill: 23 chapters, 622 pages, 536 sections

Image Source : PIXABAY When the Income Tax Act, 1961, was brought in, it had 880 pages. New Income Tax Bill: Finance Minister Nirmala Sitharaman, in her 2025-26 Budget speech, announced that the government will introduce a new Income Tax Bill in the Parliament. The new Income Tax Bill will replace the six-decade-old Income Tax Act of 1961. The Bill is expected to be introduced in the Lok Sabha on Thursday.  After the introduction, the bill will be sent to a parliamentary standing committee for scrutiny. New Income Tax Bill: Crispier and simplified The Income Tax Bill 2025 will be…

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12

Feb

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Business

HAL Dividend 2025: Defence PSU announces 500 per cent interim dividend

Image Source : FILE/INDIA TV The dividend will be paid on or before March 14, 2025. HAL Dividend 2025: Hindustan Aeronautics Limited (HAL) has announced its first interim dividend for the financial year 2024-25. The company made this announcement while sharing its quarterly results for the December quarter of FY25. The state-owned aerospace and defence company has also announced the record date for this corporate action. HAL Dividend 2025: Amount According to the information shared by the company, it has declared its first interim dividend of Rs 25 per equity share with a face value of Rs 5 each. "The…

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