Business News Updates

Kia cars to get dearer from April 1 in India

The car maker attributed the hike to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year.

  • Friday, 22 March 2024
RBI issues new rules for self-regulatory organisations of banks, NBFCs
RBI issues new rules for self-regulatory organisations of banks, NBFCs

The omnibus SRO framework prescribes the broad objectives, functions, eligibility criteria and governance standards, which will be common for all SROs, irrespective of the sector.

  • Thursday, 21 March 2024
  • RBI
Gold price jumps to historic high of Rs 66,778 per 10 gm
Gold price jumps to historic high of Rs 66,778 per 10 gm

Prices of the precious metal rose by Rs 1,028 per over the previous day's closing which works out to a nearly 1.5 per cent increase.

  • Thursday, 21 March 2024
  • Gold
A VinFast Sedan On Display
VinFast lauds India’s new EV policy, likely to launch several premium-quality E-SUVs in Country

The Central government had last week approved an EV policy that will allow companies that invest a minimum of Rs 4,150 crore in the country, meeting domestic value-added conditions, to import a limited number of vehicles at reduced customs duties.

  • Tuesday, 19 March 2024
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
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
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 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
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