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DA hike in July? Know how much increase in dearness allowance is expected for govt employees

DA hike in July? Know how much increase in dearness allowance is expected for govt employees

The DA and DR are revised twice a year. (Photo credit: PTI) New Delhi: There is some good news in the offing for central government employees and pensioners. According to media reports, they are likely to get another hike in their dearness allowance (DA) and dearness relief (DR). Several reportsRead More

Tax-free 8.1% return on EPF, VPF is still better than most options

Tax-free 8.1% return on EPF, VPF is still better than most options

The Central government has approved the reduced interest rate of 8.1% on Employee Provident Fund (EPF) deposits for the year 2021-22.. The Employees’ Provident Fund Organisation’s (EPFO’s) apex decision making body Central Board of Trustees slashed rates for 2021-22 to a four-decade low of 8.1% in March this year fromRead More

Bank customers, vehicle owners note! Here’s what gets expensive from June

Bank customers, vehicle owners note! Here’s what gets expensive from June

New Delhi: As we enter the month of June, a set of new rules pertaining to our money and finances are set to kick in from today. While it is wise for everyone to take note of the changes, those who will be directly impacted by these changes include StateRead More

Here’s how to block a SBI ATM-cum-Debit card

Here’s how to block a SBI ATM-cum-Debit card

New Delhi: Many a times, people inadvertently lose their documents or sometimes they get stolen. In case a person loses their debit card, it is best to report it to the bank and get the card blocked so that no funds are withdrawn from the account.If a person has mistakenlyRead More

Muted listing: Delhivery IPO shares list at Rs 495.20 – a 1.68% premium over issue price

Muted listing: Delhivery IPO shares list at Rs 495.20 – a 1.68% premium over issue price

The logistics and supply chain startup Delhivery Limited (Delhivery) had launched its initial public offer (IPO) on May 11, which culminated in a tepid listing for the stock on the bourses today as the company could not capture investor interest. The shares of India’s largest fully integrated logistics services companyRead More

Top Rated Regular Savings Fund, Offered 19.41% Returns On 5-Years SIP

Top Rated Regular Savings Fund, Offered 19.41% Returns On 5-Years SIP

Conservative hybrid funds invest mostly in debt and have little equity exposure. These funds are designed for investors who want to put a modest portion of their money into equity and earn a higher return. If you’re looking for a ready-made scheme to assist you to get a tiny amountRead More

Cryptos can lead to dollarisation of economy, RBI officials tell parliamentary panel

Cryptos can lead to dollarisation of economy, RBI officials tell parliamentary panel

New Delhi |PTI: Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources. Briefing the Parliamentary Standing Committee on Finance chaired by former minister of state for finance JayantRead More

15 Sensex Companies That Have Fallen 20% to 35%, Should You Buy These Stocks?

15 Sensex Companies That Have Fallen 20% to 35%, Should You Buy These Stocks?

It carnage across the markets and no stocks is being spared. Shares have lost heavy ground and one of the biggest losers have been from the banking and financial space.

Zomato, Nykaa, Paytm: New-Age Tech Stocks Continue To Tank

Zomato, Nykaa, Paytm: New-Age Tech Stocks Continue To Tank

The shares of listed new-age tech startups, such as Zomato, PolicyBazaar, Nykaa and Paytm, continued their recent decline on Monday (May 9), falling by 2-7% on the NSE. Shares of ecommerce player Nykaa tanked 6.89% to INR 1,433 on the NSE on Monday. The startup had a bumper listing lastRead More

Tap tech for border roads: Rajnath Singh to BRO, cites Chinese infra across LAC

Tap tech for border roads: Rajnath Singh to BRO, cites Chinese infra across LAC

NEW DELHI: Defence minister Rajnath Singh on Saturday asked the Border Roads Organisation (BRO) to scale up its capability through latest technology for faster infrastructure development in forward areas, citing how the Chinese are tapping into their construction expertise in mountains to increase their reach to desired areas on theirRead More