[ad_1] The amount of cash circulating in the economy has seen a significant increase since the financial year 2016-17, which marked the demonetisation and the introduction of UPI. Despite the phasing out of Rs 2000 notes, the currency in circulation has risen from Rs 13.35 lakh crore in March 2017 to Rs 35.15 lakh crore…
[ad_1] Bank holidays May 2024: Banks across the country will experience several holidays in May 2024, with closures varying by state and observance. Banks will be closed for as many as 14 days in May 2024, including Sundays and the second and fourth Saturdays, as per the Reserve Bank of India’s holiday calendar. Bank holidays…
[ad_1] Mutual Fund KYC issues: Since April, several mutual fund investors have had their folios frozen due to non-compliance with Know Your Customer (KYC) norms. The Securities and Exchange Board of India instructed KYC registration agencies (KRAs) to verify mutual fund unitholders’ KYC information based on PAN, name, address, mobile number, and email IDs.The goal…
[ad_1] Domino’s Pizza topped Wall Street expectations for first-quarter same-store sales on Monday, as consumers in the United States tapped into the pizza chain’s spruced-up loyalty program and other promotional offerings. Domino’s has managed to buck a downbeat trend for eating out in the United States, with better returns on its loyalty program and fresh…
[ad_1] ONDC expansion on the cards: The Indian government has asked that e-commerce giants Amazon and Flipkart integrate the Open Network for Digital Commerce (ONDC) into their platforms by featuring ONDC storefronts on their respective home pages. According to executives familiar with the matter, this move is intended to support the government-backed network in expanding…
[ad_1] The Indian Railways is on track to achieve its goal of establishing 100 Gati Shakti Cargo Terminals (GCT) earlier than anticipated. Insiders familiar with the progress report have said that 60 terminals under the public-private partnership (PPP) model are currently functional, and the remaining 40 are expected to be operational by the end of…
[ad_1] The National Pension System (NPS) funds have quietly outperformed mutual fund schemes in terms of returns, even as investors are bombarded by the extensive promotion of mutual funds through the ‘mutual funds sahi hai’ campaign. Over the past decade, NPS equity funds have consistently surpassed the largecap mutual fund category, with the flexi-cap category…
[ad_1] N Chandrasekaran, the chairman of Tata Sons, has conveyed a bold growth target to the group’s chief executives, encouraging them to amplify their efforts in driving growth and creating further momentum in crucial sectors such as electronics, EVs, batteries, and steel in the upcoming year. He has also stressed the significance of CEOs and…
[ad_1] Elon Musk-led Tesla has overcome significant regulatory obstacles that have long prevented it from introducing its self-driving software in China, setting the stage for a positive outcome from Elon Musk‘s unexpected trip to the U.S. automaker’s second-largest market. According to an individual familiar with the situation, Musk, Tesla’s CEO, arrived in Beijing on Sunday…
[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, moved up in trade on Monday. BSE Senses surged 300 points and Nifty50 was near 22,500. At 9:20 AM, BSE Sensex was trading at 74,041.80, up 312 points or 0.42%. Nifty50 was at 22,496.80, up 77 points or 0.34%.The Indian stock market…
