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Posted in Economy

India core sector data: India’s core sector output increases by 7.8% in January

India‘s output of eight core industries registered a 7.8 per cent growth in January 2023, against 4.0 per cent growth during January 2022, the ministry…

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HDFC hikes lending rates by 25 bps; your home loan EMIs to increase
Posted in Finance

HDFC hikes lending rates by 25 bps; your home loan EMIs to increase

Home Development Finance Corporation Ltd (HDFC) has hiked its Retail Prime Lending Rate (RPLR) by 25 basis points (bps) with effect from March 1, 2023….

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Come out with insurance products for persons with disabilities, mental illness: Irdai to insurers
Posted in Finance

Come out with insurance products for persons with disabilities, mental illness: Irdai to insurers

Regulator Irdai has asked general and standalone health insurers to offer a specific cover for Persons with Disabilities (PWD), persons afflicted with HIV/AIDS, and those…

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NPS partial withdrawal: New rule, who can apply explained - NPS partial withdrawal
Posted in Finance

NPS partial withdrawal: New rule, who can apply explained – NPS partial withdrawal

The subscriber should meet the following prerequisites for a partial withdrawal under the aforementioned PFRDA rules. The subscriber’s NPS account has been updated with information…

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Robbers attack dairy shop in New Zealand owned by Indian-origin businessman; flees with cash and cigarettes
Posted in NRI News

Robbers attack dairy shop in New Zealand owned by Indian-origin businessman; flee with cash and cigarettes

MELBOURNE: A dairy shop in New Zealand owned by an Indian-origin businessman was attacked by robbers who stole cigarettes and cash, the latest incident against…

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Robbers attack dairy shop in New Zealand owned by Indian-origin businessman; flees with cash and cigarettes
Posted in NRI News

Robbers attack dairy shop in New Zealand owned by Indian-origin businessman; flees with cash and cigarettes

MELBOURNE: A dairy shop in New Zealand owned by an Indian-origin businessman was attacked by robbers who stole cigarettes and cash, the latest incident against…

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Sovereign Gold Bonds: RBI issues dates for premature redemption, check details
Posted in Finance

Sovereign Gold Bonds: RBI issues dates for premature redemption, check details

The Reserve Bank of India (RBI) has set dates for the premature withdrawal of several tranches of Sovereign Gold Bonds (SGB). The RBI issued a…

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India fiscal deficit: India's April-January fiscal deficit widens on-year to Rs 11.91 lakh crore, 67.8% of revised FY23 aim
Posted in Economy

India fiscal deficit: India’s April-January fiscal deficit widens on-year to Rs 11.91 lakh crore, 67.8% of revised FY23 aim

India’s fiscal deficit for the first 10 months of this fiscal year through January stood at 11.91 lakh crore rupees, or 67.8% of revised annual…

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Coronavirus origins still a mystery 3 years into pandemic
Posted in US News

Coronavirus origins still a mystery 3 years into pandemic

WASHINGTON: A crucial question has eluded governments and health agencies around the world since the Covid-19 pandemic began: Did the virus originate in animals or…

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Indian importers hedge less, assured by RBI's rupee support, data suggests
Posted in Economy

Indian importers hedge less, assured by RBI’s rupee support, data suggests

Indian importers are taking less insurance against foreign exchange fluctuations, data indicates, on expectations that the central bank will continue to intervene to keep the…

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