Your money, shown at one place: What RBI’s new AA measures mean
The expanded consolidated account statement will include bank deposits, while account aggregator interoperability aims to make financial-data sharing simpler.
The expanded consolidated account statement will include bank deposits, while account aggregator interoperability aims to make financial-data sharing simpler.
Mumbai: The long-awaited public debut of the National Stock Exchange (NSE) Thursday could be a relatively modest affair if grey market prices for the bourse’s shares are considered an accurate proxy for listing-day demand. However, exit curbs on most large investors could crimp immediate stock supply and boost prices later, analysts said. Traders in the…
Kalyan Jewellers shares slipped 3% to Rs 575 on the BSE on Wednesday after the company’s June-quarter earnings showed margin pressure, overshadowing a 32% year-on-year (YoY) increase in consolidated net profit to Rs 348.7 crore. The company’s revenue from operations rose 45.7% YoY to Rs 10,588.9 crore from Rs 7,268.5 crore, according to the unaudited…
The Employees’ Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Salaried individuals are eligible to open an EPF account when basic pay and dearness allowance are up to ₹15,000. You can further opt for voluntary provident fund (VPF), if the basic pay and DA exceed ₹15,000 per month. For FY26,…
India’s credit-eligible population has increased from 79 crore in 2017 to 89 crore consumers in 2026, a study by TransUnion CIBIL over the period from March 2017-2026 showed. Of these eligible adults, around 74% of Indian adults have accessed a loan at least once in these past 10 years, it added. In terms of demographic,…
Tamil Nadu Chief Minister S. Joseph Vijay will launch the state government’s new one-gram gold ring scheme for newborns at a government hospital in Madurai on Monday, September 28. The initiative, called the ‘Thaai Maaman Thanga Mothiram Thittam’ or Maternal Uncle Gold Ring Scheme, is aimed at eligible babies delivered at government hospitals across the…
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rose as much as 6% on Thursday after the Centre expanded customs duty concessions on a range of machinery and components used in electronics manufacturing. The benefits, which come into effect immediately, cover equipment and parts used in lithium-ion batteries, display modules and smartphone components,…