Business

11

Feb

By The Press Editor

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Business

VA Tech WABAG shares surge 13 per cent after Rs 3,251 crore order win in Saudi Arabia – India TV

Image Source : PIXABAY VA Tech WABAG has secured an order worth Rs 3,251 crore. VA Tech WABAG Share Price: Shares of water treatment player VA Tech WABAG surged over 13 in the early trade on Monday on the back of a large order win. According to the information shared, the company has secured a consortium order worth USD 371 million (about Rs 3,251 crore) from Al Haer Environmental Services Company in Riyadh, Saudi Arabia. VA Tech WABAG share price today The counter opened gap up at Rs 1,538.70 on the BSE against the previous close of Rs 1,365.90. It…

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11

Feb

By The Press Editor

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Business

Know differences and which one is right for you – India TV

Image Source : PIXABAY Charge cards are gaining popularity. Credit Card vs Charge Card: Very often we see people carrying more cards than cash. This is probably because cards - usually ATM and credit cards - let users handle the money more safely. Most people prefer using credit cards as they give a window of some weeks before the users have to pay the amount used. However, another card that is now gaining popularity is the 'Charge Card'. Here in this article, we are going to tell you about the differences between credit cards and charge cards. This will help you…

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11

Feb

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Business

EPFO alert: Deadline to activate UAN for EPFO’s ELI Scheme ends soon

Image Source : X/@SOCIALEPFO There are three major schemes under the ELI Scheme. EPFO users alert: There is a major update related to the activation of the Universal Account Number (UAN) and linking of your bank account. The Employees’ Provident Fund Organisation (EPFO) has stated that the last date to do so is February 15, 2025. It is very important to note that UAN activation and linking of bank accounts with Aadhaar is necessary to avail of benefits under the EPFO's Employment Linked Incentive (ELI) Scheme. What is the ELI Scheme? The Employment Linked Incentive Scheme or ELI Scheme was…

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11

Feb

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Business

Sensex falls 100 points, Nifty below 23,400 – India TV

Image Source : PTI REPESENTATIVE IMAGE Benchmark indices Sensex and Nifty opened lower on Tuesday, extending their losing streak for the fifth consecutive session as foreign fund outflows and fresh US tariffs fueled concerns of a trade war. The 30-share BSE Sensex fell by 201.06 points to 77,110.74 in early trade, while the NSE Nifty dropped 79.55 points to 23,302.05. Key losers and gainers Among the Sensex constituents, Power Grid, Zomato, Tata Motors, UltraTech Cement, Bajaj Finserv, Sun Pharma, Kotak Mahindra Bank, and Tata Steel were the biggest laggards. On the other hand, Infosys, HCL Tech, Maruti, and ITC managed…

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11

Feb

By The Press Editor

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Business

Indian Railways: Senior citizens can get a confirmed lower berth seat

Image Source : PTI/FILE PHOTO REPRESENTATIVE IMAGE In Indian Railways, rules related to special reservation have been implemented for the comfort of senior citizens. These rules are specifically for men above 60 years and women above 45 years traveling alone or with one companion. However, if they are traveling in a group of more than two people, then getting a lower berth reservation becomes difficult. If only upper or middle berths are available, then railway authorities may allocate lower berths if seats become vacant. Indian Railways takes special efforts to accommodate senior citizens during the festive season by increasing the…

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11

Feb

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Business

Sitharaman in Lok Sabha – India TV

Image Source : ANI/X Finance Minister Nirmala Sitharaman Parliament Session: Finance Minister Nirmala Sitharaman on Tuesday said that the Indian economy is experiencing a "speedy rebound" from the 5.4 per cent growth recorded in the second quarter of the current fiscal. She added that the government will take necessary measures to ensure India remains the world's fastest-growing economy.  While responding to discussions on the Union Budget for 2025-26 in the Lok Sabha, the Finance Minister said that the Budget focuses on increasing liquidity in people's hands while ensuring fiscal prudence. She highlighted that 99 per cent of the borrowing in FY26…

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11

Feb

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Business

Banks to remain shut in these states for Ravidas Jayanti, check full list – India TV

Image Source : FILE Banks to remain shut in these states for Ravidas Jayanti. Along with schools and government offices, banks will also remain shut in several states on February 13 for Sant Ravidas Jayanti. The states where banks will remain shut include Delhi, Himachal Pradesh, and Haryana. Bank customers in these statesd are advised to plan their banking activities either before or after this date due to the closure. The bank customers must note that the banks are closed on all national and local festivals, anniversaries, Sundays, second Saturdays and fourth Saturdays of every month. However, the bank branches…

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11

Feb

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Business

How New Income Tax Bill to help taxpayers – India TV

Image Source : PTI Nirmala Sitharaman As the New Income Tax Bill is likely to be introduced by Finance Minister Nirmala Sitharaman anytime this week, there are specualtions about the contents of the new bill and its potential positive impact on taxpayers. Various tax experts think that the new income tax bill is likely to bring a siginificant change in India’s taxation system by focusing on simplification and modernisation rather than introducing new taxes. Even as the details are yet to be made public, the bill is expected to reduce legal complexities, streamline compliance, and make tax laws more accessible to taxpayers.…

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11

Feb

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Business

SBI Chairman reveals when banks may reduce deposit rates – India TV

Image Source : PTI/FILE PHOTO RBI Governor Sanjay Malhotra at the RBI headquarters The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how the banks will react with changes in lending and deposit rates. State Bank of India Chairman CS Setty has confirmed that the bank will revise its lending rates linked to the external benchmark lending rate or EBLR this month itself. Speaking to Business Standard, Setty said, "We…

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11

Feb

By The Press Editor

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Business

Can Centre impose service tax on lottery distributors? Supreme Court clarifies – India TV

Image Source : PTI Supreme Court of India In a landmark order, the Supreme Court on Tuesday said the lottery distributors are not liable to pay service tax to the Centre. The lottery distributors are not liable to pay service tax to the Union government, the apex court held while dismissing an appeal of the Centre on the issue. The clarification by the top court comes after the Centre moved the Supreme Court against the Sikkim High Court judgement. A bench comprising Justices BV Nagarathna and NK Singh did not agree to the appeal of the Centre against the High…

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