Category: Business

In a move to promote innovation in rural finance, the National Bank for Agriculture and Rural Development (NABARD) has acquired an equity stake in 24×7 Moneyworks Consulting, an agri-fintech startup. This is the NABARD’s first-ever investment in a bootstrapped startup, the bank said. The startup’s product, eKisanCredit (eKCC), is a fully digital loan origination platform…

Life Insurance Corporation of India (LIC), the country’s largest life insurer, registered new business premium to the tune of an impressive Rs 2,26,669.91 crore in for FY25, which includes a record Rs 62,404.58 crore from individual new business, according to data released by the Life Insurance Council on Wednesday. Individual new business premium for FY25…

Several luxury goods costing above Rs 10 lakh will now attract Tax Collected at Source (TCS) at 1 per cent. As per an official notification, wrist watch, art piece (antiques, painting, sculpture), collectibles (coin, stamp), yacht, rowing boat, canoe, helicopter, sunglasses, handbag, purse, shoes, sportswear and equipment such as golf kit and ski wear, home…

Gold & Silver Rates Today, 23 April 2025: Domestic gold futures (June 5) on Wednesday’s evening session declined as much as 3.43 per cent to Rs 94,000. Silver futures (May 5), on the other hand, gained 2.29 per cent to Rs 98,080 per kilogram on the MCX. Meanwhile, in the global commodity market the prices the…

A total of 154 aftershocks have hit Myanmar since a devastating earthquake struck the country on March 28, according to the country’s Department of Meteorology and Hydrology on Wednesday. These tremors ranged in magnitude from 2.8 to 7.5, according to the department, Xinhua news agency reported. As of Tuesday, the earthquake has claimed 3,759 lives…

Pahalgam terror attack: Jammu and Kashmir Chief Minister Omar Abdullah has called for an all-party meeting on April 24 in the aftermath of the Pahalgam terror attack in the valley. As per the invite letter released by CM Abdullah, the meeting will be held at 3 pm at the Sher-i-Kashmir International Conference Centre (SKICC) in…

Pahalgam Terror Attack April 2025 India Response: In a high-level meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi on Wednesday, the central government took a host of big decisions in the aftermath of the previous afternoon’s terror attack in Pahalgam in Jammu and Kashmir. The Centre also called an emergency,…

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