Business News Updates

Credit card
What to do if credit card issued without your consent?

Card issuers are prohibited from issuing unsolicited credit cards and are required to seek prior and explicit consent from the customer before issuing a card.

  • Monday, 18 March 2024
  • RBI
Mavrick 440
Hero Mavrick 440 moves westward! Set to be launched in UK soon

The UK launch marks a significant step for Hero MotoCorp’s global ambitions. As per reports, by partnering with MotoGB, a well-established distribution network, they plan to not only conquer British streets but also make inroads into other European markets. This strategic move positions Hero as a major player in the global motorcycle scene.

  • Sunday, 17 March 2024
E-Vehicle
Centre clears new E-vehicle policy to woo world’s top manufacturers

Companies setting up manufacturing facilities for EVs will be allowed limited imports of cars at lower custom duty as an incentive.

  • Friday, 15 March 2024
Honda
Nissan, Honda likely to join hands to research & develop EV technology

Nikkei Asia reported on Thursday that the Nissan Motor Corporation was exploring the possibility of purchasing a common EV powertrain with the Honda Motor Company and developing a shared EV platform.

  • Friday, 15 March 2024
Paytm Payments Bank
Paytm Payments Bank ban: Key changes come into effect post March 15

Withdrawal/debit mandates--such as National Automated Clearing House (NACH) mandates--will continue to get executed till there is balance available in your account.

  • Friday, 15 March 2024
Paytm
Paytm to continue UPI operation via SBI, 3 other banks

The decision comes a day before Reserve Bank's March 15 deadline barring Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.

  • Thursday, 14 March 2024
  • SBI
Income Tax
6-month jail for not filing ITR: A consequence faced for not filing income tax return

Worth mentioning, that the last date to file ITR for the relevant financial year is July 31.

  • Thursday, 14 March 2024
TVS XL 100
Is TVS planning electric version of XL 100 Moped? Here's what Trademark registration suggests

The status of the trademarks is ‘Accepted & Advertised’ which means the trademark names can now be used to name the vehicle.

  • Tuesday, 12 March 2024
Income Tax Dept
I-T Dept detects cases of tax not being fully paid, fixes deadline

the Department is undertaking an e-campaign, which aims to intimate such persons/entities of significant financial transactions, through email (marked as Advance Tax e-Campaign-Significant Transactions for A.Y. 2024-25) and SMS

  • Sunday, 10 March 2024
Gold Jewellery
Gold prices touch Rs 65k in Bhubaneswar, 22-carat at Rs 60k

As per the experts, this remarkable uptrend in the value of the precious yellow metal is primarily attributed to the anticipation of an interest rate cut by the US Federal Reserve in June.

  • Saturday, 09 March 2024
Startup
India has 8,000 startups led by women with $23 bn in funding: Report

There are 2,300 funded women-led startups, of which 13.4 per cent have progressed to the Series A stage and 3 per cent have gone on to the Series C stage or beyond.

  • Friday, 08 March 2024
Maruti Suzuki Alto
Maruti Suzuki Alto set to be dethroned from India’s top 10 selling cars list of FY24; here's why

Over the years, the Alto has been among the best-selling cars in India. However, in 2023, Alto’s sales dropped 21.77%—from 162,548 units to 127,169 units (35,379 less Alto cars sold in 2023), and ranked 12th.

  • Thursday, 07 March 2024
Indian workers likely to get average salary hike of 9.6 pc this year
Salary hike for Indian workers expected at 9.6 pc this year: Report

According to the EY 'Future of Pay 2024' report, overall attrition dropped to 18.3 per cent in 2023 (from 21.2 per cent in 2022) and is set to gradually decline over the next few years as companies prioritise cost management and employee well-being, stabilising the workforce amidst high talent demand.

  • Wednesday, 06 March 2024
Bajaj Manufacturing Plant
Bajaj to introduce world’s first CNG-powered motorcycle next quarter

Bajaj said there was a 50-65% reduction in fuel cost and operating costs. The emission levels were lower compared to ICE vehicles . The CNG prototype had seen a 50% reduction in CO2, 75% in Carbon Monoxide and a reduction of almost 90% in non-methane hydrocabon emissions.

  • Wednesday, 06 March 2024
RBI
RBI’s Unclaimed Deposits portal: Here’s all you need to know now

All unclaimed deposits/accounts that are part of Depositor Education and Awareness (DEA) Fund of RBI can be searched in UDGAM portal.

  • Wednesday, 06 March 2024
  • RBI
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