India’s digital growth has made financial services easier for millions, but it’s also given cybercriminals new ways to scam people. According to experts, around 85% of complaints filed during the 2023-2024 financial year were about online frauds, with stock market scams, money mules, and social engineering attacks being the most common. For example, Krish…
The Reserve Bank of India (RBI) has opted for stability, keeping the repo rate unchanged at 6.5% after a three-day policy meeting. This decision, announced by Governor Shaktikanta Das, reflects the RBI’s continued focus on bringing inflation down to its target of 4%. Key Takeaways: What This Means: Borrowers may not see immediate relief in…
Considering a loan? The interest rate is important, but there’s a secret world of fees that can significantly increase your borrowing costs. Understanding processing fees and other loan charges is crucial for making informed financial decisions. What are Processing Fees? Processing fees are a common loan fee that lenders charge to cover the administrative costs…
Recognizing the Heroes of Business, Hexafin Pays Gratitude to Tele Callers on a Special Day of Celebration In a groundbreaking move, Hexafin Consultancy Pvt. Ltd. proudly announces the establishment of Tele Callers Day, a dedicated celebration to honor and appreciate the invaluable contributions of tele callers to the thriving tele calling and teleselling industry. Pune,…
Explore the latest surge in Bajaj Auto shares, jumping 6% to reach a one-year high, driven by an upcoming buyback proposal. Get insights into the potential buyback size, expert opinions, and the company’s current stock performance. Stay updated on the latest financial developments. Bajaj Auto Ltd witnessed a remarkable 5.96% surge in its shares, reaching…
In the ever-evolving landscape of investment opportunities, Azad Engineering Ltd (AEL) stands out with its ongoing Initial Public Offering (IPO), scheduled to close today, December 22. As investors contemplate whether to dive into this opportunity, let’s delve into the key aspects shaping the narrative around Azad Engineering IPO. Subscription Status and Market Response: As of…
Corning Inc., a prominent American Gorilla Glass maker and a key supplier to Apple, is poised to make a significant mark in India with its plan to establish a cutting-edge manufacturing facility in Tamil Nadu. As reported by The Economic Times (ET), the Rs 1,000 crore investment is set to create a state-of-the-art Gorilla Glass…
In a significant ruling, the Delhi High Court has provided clarity on the limitation period for reopening income tax assessments. According to the bench of Justice Rajiv Shakdher and Justice Girish Kathpalia, the extended 10-year period for reopening assessments applies only when the alleged concealed income exceeds ₹50 lakh. The court emphasized that in “normal…
In a surprising turn of events, speculation has arisen that India’s economy has breached the $4 trillion mark, eliciting widespread celebration from prominent figures such as billionaire Gautam Adani, Union Ministers, and Maharashtra Deputy Chief Minister Devendra Fadnavis. However, it’s essential to note that no official confirmation has been provided by the finance ministry or…
Bank holidays in November 2023: The Reserve Bank of India has released the complete list of bank holidays for November 2023. During this month, there will be numerous bank holidays, with a total of 15 days, which include weekends. However, the specific holidays may vary depending on your region. The highly anticipated festival of Diwali…