Elon Musk

Photo: Times Now

X To Be Dating App, Elon Musk Aims To Make Platform All-Feature Platform?

With the aim of making X, formerly known as Twitter, an all-app platform, Tesla CEO and X owner Elon Musk announced that X would soon be announced as a dating platform. Interestingly, the speculations of X being a relationship platform came after his statement, "Finding someone on the platform. Obviously, I found someone and friends of mine have found people on the platform." There is yet to be an official announcement.

Wed, 01 Nov 2023 - 02:45 PM / by Varsha Joshi

Tags: X Platform, Dating App, Elon Musk, Technology, Finance

Courtesy: DNA India

Bank

Photo: Corporate Finance Institute

Banks Increase Lending Rates Making Loans Costlier

Banks including private and government-run, like HDFC, ICICI, Punjab National Bank to name a few, have increased their lending rates, making loans costlier. ICICI bank has increased its lending rate by 0.30% or 30 basis points and Punjab National Bank has increased its lending rate by 0.15% or 15 basis point. Meanwhile, HDFC increased its retail prime lending rate by 0.05% or 5 basis points.

Wed, 01 Jun 2022 - 03:40 PM / by Shibu Immanuel S

Tags: Finance, Banking, business, Lending Rate, ICICI

Courtesy: ANI

Sensex headquarters

Photo: The Financial Express

Sensex Rises With IT & Banking Stocks Getting Higher

This week's Indian markets Sensex and Nifty has hit a positive note all along the Russia-Ukraine conflict. The points started going higher with Infosys jumping to 2.65 %,  Wipro to 2%. More of the banks and IT sectors had a high impact with the State Bank of India going up 2.57% to Rs. 482.50 and Axis Bank going up with 1.83% to Rs. 703.55. 

Mon, 14 Mar 2022 - 02:33 PM / by Rupsa Debnath

Tags: Sensex, Nifty, IT, Finance, HDFC BANK

Courtesy: ANI

Union finance minister Nirmala Sitharam in session

Photo: Mint

FM Sitharaman To Launch e-Bill Aiming Enhanced Business Ecosystem

Union FM Nirmala Sitharam is to launch an electronic bill (e-Bill) for businesses, on March 2. The Minister had announced digital bill during the 2022-2023 budget, which will be a part of the 46th Civil Accounts Day organised by Dr Ambedkar International Centre in Delhi. With the introduction of e-bill, Indian business will have transperant, paperless efficient payment ecosystem, in all ministries and government departments. 

Tue, 01 Mar 2022 - 06:37 PM / by Rupsa Debnath

Tags: Finance Minister, Nirmala Sitaraman, e-Bill, Union budget, Finance

Courtesy: ANI

Nirmala Sitharaman

Photo:News18

FM Nirmala Sitharaman To Address Press, Highlights Antrix-Devas Case

Finance Minister, Nirmala Sitharaman will address a press conference at 4:30 pm on Tuesday, January 18. She is more likely to brief about an ''important economic issue''. She might reaffirm the current conflict of Antrix Corporations and Devas Multimedia, along with implications posed by order of the Supreme Court, suggested reports. The Minister is all set to present the Union Budget 2022, on February 1.

Tue, 18 Jan 2022 - 03:54 PM / by Shaloo Priya

Tags: Finance, Nirmala Sitharaman, press conference, Antrix-Devas case, Supreme Court of India

Courtesy: News 18

PM Narendra Modi.

Photo: Hindustan Times

PM Modi To Inaugurate Leadership FinTech Forum On Dec 3

Prime Minister Narendra Modi will be inaugurating a leadership Forum on Financial technology at 10 AM via video conferencing on December 3. Reportedly, over 70 countries will participate in the forum, including Finance Minister of Malaysia, Indonesia, and Reliance Industries Chairman, Mukesh Ambani. The forum's agenda is… read-more

Tue, 30 Nov 2021 - 07:05 PM / by Nehal Surana

Tags: Narendra Modi, Finance, Technology, fintech, business

Courtesy: ANI

Square Inc

Photo: Bloomberg

Jack Dorsey's Square To Launch Banking Services For Small Businesses

Twitter CEO Jack Dorsey owned Square Inc. which enables sellers to accept card payments is now launching banking services for small businesses. Apart from offering businesses savings and checking accounts, Square banking will also offer loans to small and medium businesses through Square Loans. The aim is to attract small business owners who have been struggling to gain access from big banks.

Wed, 21 Jul 2021 - 04:23 PM / by Prateek Chakradhar

Tags: Jack Dorsey, Twitter CEO, Finance, Small and Medium Business, Banking

Courtesy: Reuters

Bernie Madoff died at 82 in a prison at Butner, North Carolina

Photo: AP News

US's Biggest Investment Scam Convict Passes Away At Federal Prison

The US's largest Ponzi scheme convict Bernie Madoff passed away on April 14 at federal prison's medical facility in Butner, North Carolina. The 82-year-old had a natural death, a year after the court denied his lawyer's request to release him considering medical reasons. Nonetheless, he pleaded guilty of running an investment scam in March 2009. Reportedly, around $13 billion of his investors have been recovered out of $17.5 billion.

Thu, 15 Apr 2021 - 06:20 PM / by Neha Sanjeev

Tags: Ponzi scam, Ponzi scheme, Finance, Investments

Courtesy: Money control

Representational photo: Foreign Direct Investment.

Photo: KPMG International

India Records Highest FDI Inflow For First 8 Months In FY 2020-21: Govt

The Commerce Ministry, in its latest data, has revealed that India's Foreign Direct Investment (FDI) inflow soared by 37% to $43.85 billion during April-November 2020. It stated that the FDI inflow was highest-ever for the first eight months of a FY, surpassing FY 2019-20 collection ($32.11 billion). Citing the FDI reforms and investment facilitation introduced by the government, the ministry reported the total FDI inflow, including ploughed… read-more

Thu, 28 Jan 2021 - 11:26 AM / by Harsh Vardhan

Tags: Commerce and Industry Ministry, FDI, Finance, National

Courtesy: WION

Representational Image of Tax

Photo: Representational Image / Economic Times

CBDT Extends Deadline for ITR Filing, Self-Assessment Tax Payment

Central Board of Direct Taxes (CBDT) stated that the deadline for filing Income Tax Returns (ITR) has been extended till December 31, 2020. For ITRs which require a report on international and domestic transactions, the deadline has been pushed to January 31, 2021. The extension has been announced for a second time to provide relief to the self-assessment tax payers.

Sat, 24 Oct 2020 - 03:55 PM / by Mahadevan K V

Tags: Income Tax, IT-Returns, Self-Assement Taxes, Finance

Courtesy: Live Mint