Governor Shaktikanta Das announced during the Monetary Policy Committee (MPC) meeting on Thursday that the Reserve Bank of India (RBI) has proposed speeding up cheque clearance to a few hours. As per Business Today, This change involves transitioning from the current batch processing system, which takes up to two working days, to a continuous clearing […]
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The Reserve Bank of India (RBI) announced an increase in the UPI transaction limit for tax payments from ₹1 lakh to ₹5 lakh per transaction.According to News 18, Governor Shaktikanta Das stated this change during the announcement of the third bi-monthly monetary policy for the current financial year, emphasizing that this adjustment aims to simplify […]
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Edelweiss Mutual Funds CEO Radhika Gupta has urged investors to remain calm amidst the recent market downturn, emphasizing that the current situation is a correction, not a crash.As per The Hindustan Times, In an Instagram post, Gupta advised investors not to panic and avoid making hasty decisions, saying, “Corrections are a part of the journey […]
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Ola Electric Mobility Ltd’s IPO, which concluded on August 6, has seen strong investor interest with a total subscription of 4.45 times.According to the Live Mint, The allotment date is today, August 7, with shares expected to be credited to investors’ demat accounts by August 8 and listed on BSE and NSE on August 9. […]
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North News Chandigarh, August 6 Bangladesh is grappling with its most severe political crisis since its independence in 1971, with Prime Minister Sheikh Hasina resigning amid widespread anti-government protests. As per The Hindustan Times, the situation has prompted concerns about potential economic repercussions, particularly for neighboring India, which is a major trading partner for Bangladesh. […]
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North News Chandigarh, August 6 On Tuesday morning, Groww users encountered significant disruptions, including difficulties logging into the app and issues with order executions. As per the NDTV PROFIT, the problems led to a wave of complaints on X (formerly Twitter), with users expressing frustration over their inability to access services and execute trades. Ekantic […]
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Maruti Suzuki Chairman R.C. Bhargava announced that the company will introduce electric vehicles (EVs) in the next few months, as outlined in the automaker’s 2023-24 annual report. According to The Hindustan Times, Bhargava also highlighted the need for a policy framework promoting various clean technologies such as CNG, biogas, and ethanol. “Some states, like UP, […]
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North News Chandigarh, August 5 Benchmark indices are set for a gap-down opening today due to several factors. Firstly, weak Asian markets, with losses up to 6% in Japan and South Korea, are influencing Indian stocks and secondly, fears of a US recession, marked by rising unemployment and falling treasury yields, are dampening investor sentiment […]
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North NewsChandigarh, August 2American lenders are aiming to freeze the assets of Riju Ravindran, a suspended director of the Indian edtech giant Byju’s, insisting that his funds should be directed to pay off debts owed to them rather than settling with India’s cricket governing body, BCCI. According to Business Standard,GLAS Trust Company, representing lenders owed […]
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Shares of Zomato surged nearly 19% to an all-time high of Rs 278.45 on Friday, pushing the company’s market capitalization to Rs 2.46 lakh crore. As per Business Times,This surge followed the release of Zomato’s robust Q1 results for the June 2024 quarter, which saw a multifold increase in net profit to Rs 253 crore, […]
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