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There are a variety of investment options from PPF to Kisan Vikas Patra and Senior Citizens Saving Scheme Post Office Saving Scheme is a money depositing avenue for investors controlled by India Post. This scheme was launched in order to provide investment options as well as inculcate the discipline of …

Government has extended the deadline for seeking views on draft e-commerce rules The Centre has extended the deadline for seeking suggestions on the proposed e-commerce rules till July 21, 2021 according to a notification issued by it on Monday. Earlier the Ministry of Consumer Affairs had sought feedback on the proposed amendments …

HFCL is among the top performers on the S&P BSE 500 index. Shares of telecom equipment maker HFCL, formerly known as Himachal Futuristic Communications Limited, rallied as much as 20 per cent to hit Rs 87 for first time since 2002 on the back of heavy trading volumes. A total …

Private banks’ participation has been nominal in terms of lending under Street Vendors scheme The Prime Minister Street Vendors AtmaNirbhar Nidhi Scheme or PM SVANidhi was launched in June 2020 to provide collateral free working capital loans of up to Rs 10,000, to help street vendors left without income post …

The Indian equity benchmarks staged a strong up move on Monday led by gains in banking and financial services shares. Availability of more COVID-19 vaccines raised expectations of a sustained economic recovery, with investors hoping for a strong corporate earnings season that gets underway later this week. The Sensex rose …

Tata Steel, HDFC Bank, Bajaj Finance and Kotak Mahindra Bank gained over 1% each on BSE The domestic stock markets are firm in the afternoon session on the back of positive global cues. At 2:20 pm, the Sensex was trading at 52,843.63, higher by 361.25 points or 0.68 per cent …

One97 Communications Ltd, the parent of payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic initial public offering (IPO) that seeks to raise Rs 17,000 crore ($2.3 billion), two sources close to the matter said on Monday. The money will be raised via …

HDFC Bank’s retail disbursements during the June quarter Jumped 202% to Rs 43,600 crore. Shares of the country’s largest private sector lender – HDFC Bank – rose as much as 1.44 per cent to hit an intraday high of Rs 1,501.95 after it said that its loan book during the …

Second Coronavirus wave in India has led to a rise in household debt stress The beginning of second Covid-19 wave has resulted in significant deposit outflows from banking system in alternated fortnights, the pace of which has now again moderated, according to a report from State Bank of India’s (SBI) …

Service sector related activity contracted sharply in June 2021 Activity in the country’s services sector contracted sharply in June as tighter restrictions to contain a resurgence of Coronavirus cases hammered demand and forced firms to shed jobs at a rapid clip, a private survey showed on Monday. Asia’s third largest …