Business

08

Feb

By The Press Editor

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Business

Worried about poor credit score? These 5 easy steps can help you improve it – India TV

Image Source : PIXABAY There are four main credit bureaus in India. Improve credit score: Credit score is an important factor when a lender approves your application for a loan or credit card. It not only decides whether your loan will be approved or rejected but is also an important facet of the process that decides the interest rate of your loan. The stronger the credit score, the better the interest rate you will get from the bank. Credit score There are four main credit bureaus in India - Credit Information Bureau (India) Limited (CIBIL), Equifax, Experian and CRIF Highmark.…

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08

Feb

By The Press Editor

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Business

RBI gives nod for 156 vostro accounts with 26 banks for rupee trade – India TV

Image Source : PTI The Reserve Bank of India. In a significant step towards boosting bilateral trade in local currencies, the Reserve Bank of India (RBI) has approved 156 Special Rupee Vostro Accounts (SRVAs) across 26 Indian banks. These accounts have been opened by 123 correspondent banks from 30 trading partner countries with an aim to enable smoother trade settlements in rupees. Speaking about it the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada outlined the government’s efforts to promote the Indian rupee for cross-border trade. He further informed that the RBI has established local currency settlement…

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08

Feb

By The Press Editor

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Business

Check price-band, lot size, allotment date, GMP and other details – India TV

Image Source : PIXABAY The shares of Ajax Engineering are expected to be listed on February 17, 2025. Ajax Engineering IPO: Kedaara Capital-backed concrete equipment manufacturer Ajax Engineering Ltd's initial share-sale will open for public subscriptions soon. Ahead of that, the company said that it has mobilised over Rs 379 crore from anchor investors. According to a circular uploaded on BSE's website, SBI Mutual Fund (MF), Axis MF, HSBC MF, Edelweiss MF, ITI MF, Amundi Funds New Silk Road and Franklin Templeton Investment Funds are among the anchor investors who have been allocated shares. Ajax Engineering IPO: Issue period According…

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07

Feb

By The Press Editor

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Business

LIC New Jeevan Anand Policy: Save just Rs 40 daily to get Rs 25 lakh in future

Image Source : LIC The minimum basic sum assured under this policy is Rs 1,00,000. LIC New Jeevan Anand Policy: LIC’s New Jeevan Anand Plan is a non-linked life endowment plan that offers an attractive combination of protection and savings. The LIC New Jeevan Anand plan gained popularity as it provides the benefit of financial protection against death throughout the lifetime of the policyholder even after the premium payment term is over. Also, the policy provides the option of flexible premium payment options. A policyholder can surrender the policy after paying premiums for two years.    LIC New Jeevan Anand…

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07

Feb

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Business

New Income Tax Bill gets Cabinet approval, likely to be introduced in Parliament next week: Sources – India TV

Image Source : INDIA TV The Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill. New Income Tax Bill: The Union Cabinet on Friday approved the New Income Tax Bill, which is set to replace the six-decade-old Income Tax Act, news agency PTI reported citing sources. The new legislation aims to make direct tax laws simpler and easier to understand, while ensuring that no additional tax burden is imposed on taxpayers. According to sources, the bill seeks to eliminate complex provisos, explanations, and lengthy sentences, making the tax structure more transparent and accessible. The proposal was approved…

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07

Feb

By The Press Editor

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Business

Vande Bharat train passengers can buy food onboard even if they opt out during ticket booking Here what Railways said – India TV

Image Source : X Vande Bharat train passengers can buy food onboard even if they opt out during ticket booking | Here's what Indian Railways said. Vande Bharat train: The passengers of Vande Bharat trains can now purchase food onboard even if they do not select any food options at the time of ticket booking, the Railway Board said on Friday (February 7). "In order to provide options, choice of services and adequate catering facilities to current booking and non-opted passengers in Vande Bharat trains, sale and service of food items in Vande Bharat trains may be resumed by the IRCTC…

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07

Feb

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Business

PM Kisan 19th instalment: From expected release date to eligibility

Image Source : PIXABAY There are three modes available for farmers to update eKYC. PM Kisan 19th instalment: There is some good news for farmers. According to reports, the 19th instalment of the PM Kisan Samman Nidhi Yojana will be disbursed by the end of this month.  PM Kisan 19th instalment: Release Date Some reports suggest that the 19th instalment of the PM Kisan Yojana will be released on February 24 - the day Prime Minister Narendra Modi is scheduled to visit Bihar. The PM will participate in agricultural programs and is expected to launch various state development initiatives.  PM…

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07

Feb

By The Press Editor

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Business

DTDC launches 2-4 hour, same-day delivery services, enters rapid commerce with first dark store – India TV

Image Source : X A DTDC store. (Representational image) DTDC on Friday announced the launch of two to four-hour same-day delivery services marking its entry into the fast-growing rapid commerce space. As part of its strategic move, the company has set up its first Dark Store in Bengaluru, signalling the beginning of a hyperlocal fulfilment ecosystem that will significantly improve the speed and efficiency of last-mile deliveries. A dark store is a retail store or fulfilment centre to cater to online orders. The move will enable D2C (Direct-to-Consumer) brands and social commerce sellers to provide rapid and efficient delivery services…

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07

Feb

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Business

Swiggy shares plunge as Q3 loss widens, trade below listing price

Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday. The stock plummeted after the company reported a widening of consolidated loss to Rs 799.08 crore for the third quarter ended December 2024.  The counter opened at Rs 387.95 on the BSE and fell further to hit the 52-week low of Rs 387. This is lower than the listing price of Rs 412.  The 52-week high of the counter is Rs 617. According to BSE…

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06

Feb

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Business

This PSU bank’s shares ended in red despite 84% surge in Q3 profit – India TV

Image Source : PTI The PSU bank's total income rose to Rs 1,28,467 crore. SBI Q3 results, SBI share price: Shares of State Bank of India (SBI), the country's largest lender, ended the session in red despite the bank reporting an per cent jump in standalone net profit to Rs 16,891 crore in the December quarter. It had earned a standalone net profit of Rs 9,164 crore in the year-ago period. The stock closed at Rs 754 on the BSE, a fall of 1.58 per cent from the previous close of Rs 766.10. SBI Q3 results The PSU bank's total…

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