Business News
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24 Jul 2018
Central Bureau Of Investigation (CBI)PNB Scam: Choksi moves to Antigua, takes up local passport
Absconding diamantaire Mehul Choksi has left the US to take refuge in the island of Antigua located in the tiny Caribbean country of Antigua and Barbuda.
24 Jul 2018
India#EndOfAnEra: Flipkart to shutdown eBay.in in August
According to ToI, Flipkart is all set to shutdown one of India's oldest e-commerce sites, eBay.in, marking the end of an era.
24 Jul 2018
Elon MuskDid Tesla ask its suppliers for refunds to appear profitable?
Tesla seems to be in the midst of yet another controversy.
24 Jul 2018
India#FinancialBytes: Top 5 Travel Loans available in India
We live in a wonderful world that is full of beauty and adventure, and the best way to explore it is through travel. This wonderful experience, however, comes with a baggage of expenses.
23 Jul 2018
EPFO#FinancialBytes: How to check your PF balance
Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.
23 Jul 2018
Unified Payments Interface (UPI)From August 1, NPCI bans UPI payments within same account
In a bid to curb fake and artificial payments made to receive cashbacks, the National Payments Corporation of India (NPCI) has decided to ban all payments within the same account from its Unified Payments Interface (UPI) platform.
23 Jul 2018
IndiaIndia to be world's third largest aviation market by 2025
India's aviation industry has been growing by leaps and bounds over the past few years, driven by government schemes, consistent increase in passengers, and investment by airlines.
23 Jul 2018
IndiaFor Rs. 1,095, you can exchange your feature-phone for JioPhone
Reliance Jio has introduced its Monsoon Hungama offer for all Jio stores and authorized retails partners.
23 Jul 2018
Mutual Funds#FinancialBytes: Know how to select best mutual fund for you
Are you thinking of investing in mutual funds but don't know how to choose the best mutual fund scheme?
22 Jul 2018
Income Tax Department of IndiaAll you need to know about your Form 16
As a salaried person, you must have heard the term 'Form 16'.
22 Jul 2018
Tax Deducted at Source (TDS)#FinancialBytes: Know how to file your ITR without Form 16
The due-date for filing your Income Tax return for this assessment year is July 31.
22 Jul 2018
IndiaNow, only 35 goods in highest 28% tax-bracket of GST
The Goods and Services Tax (GST) Council has pruned the 28% slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs, digital cameras, video recorders, dishwashing machines, and automobiles, in the highest tax bracket.
22 Jul 2018
India#FinancialBytes: 5 credit cards which offer unique benefits
These days it's common for credit cards to offer benefits like monetary rewards on grocery purchases, online shopping, movie ticket booking, etc.
21 Jul 2018
IndiaYour iPhone in India may get deactivated: Here's why
Apple and TRAI are at loggerheads again over TRAI's anti-spam app. This time, new TRAI regulations, if enforced, might result in telecom operators deactivating services on iPhones.
21 Jul 2018
IndiaHow much will recalibrating ATMs for new Rs.100 notes cost?
ATM operators have said Rs. 100 crore is required to recalibrate ATMs to make them ready for the new Rs. 100 notes, which RBI announced a few days ago.
20 Jul 2018
IndiaPaySense raises $18mn selling undisclosed stake in round led-by PayU
Fintech player PaySense has raised $18 million by selling an undisclosed stake in a round of funding led by Naspers-promoted payments provider PayU with a $11.5 million investment.
20 Jul 2018
IndiaTap-and-go debit/credit cards for hassle-free metro, bus, train travel
In line with the government's target of 30-billion digital transactions in the current year, the Ministry of Finance has asked banks to issue near-field communication (NFC)-enabled tap-and-go debit and credit cards that can be used beyond merchant transactions for services like metro, train, and bus travel.
20 Jul 2018
IndiaMonsoon Hungama: Get JioPhone 2 for Rs. 501 on exchange
Among the slew of announcements made at Reliance Industries Limited's 41st AGM was the much-awaited feature phone, JioPhone 2.
20 Jul 2018
NASDAQWhich will hit the trillion dollar mark: Apple or Amazon?
Following the completion of Amazon's Prime Day sale, wherein the company announced that it had sold over 100 million products, the global e-commerce giant's stock market value climbed to breach the $900bn mark for the very first time.
20 Jul 2018
India#FinancialBytes: Know how to check your I-T refund status online
After you're done with the filing and verification of your ITR, you can easily keep track of the refund status online.
20 Jul 2018
Fashion TipsBurberry burnt $37mn worth of unsold merchandise: Here's why
High-end luxury fashion brand Burberry reportedly burnt $37mn worth of its unsold merchandise over the past year to ensure that its products didn't fall into the hands of counterfeiters.
20 Jul 2018
IndiaJio GigaFiber v/s Airtel broadband: Plans, offers, comparison
Reliance Jio has already irreversibly changed the mobile data market in India, pushing down data charges and consequently pushing up mobile data consumption.
20 Jul 2018
Bank of India (BOI)#FinancialBytes: Know which Income Tax Return form you should file
Since April 5, 2018, the Income Tax Department has been uploading the Income Tax Return (ITR) forms for the Assessment Year 2018-19 (Financial Year 2017-18). In total there are 7 such forms.
19 Jul 2018
IndiaRBI to issue new Rs. 100 notes soon, details here
The Reserve Bank of India (RBI) has decided to issue new Rs. 100 notes as a part of the new Mahatma Gandhi series.
19 Jul 2018
FlipkartFlipkart-sale ends today: Best gadgets to buy under Rs. 1,000
Flipkart's Big Shopping Days sale is coming to an end today. The e-commerce giant is offering mega-discounts and exclusive deals across several product categories including smartphones, gadgets, mobile accessories, appliances and fashion wear.
19 Jul 2018
IndiaIndia fastest growing economy; on track to meet FY18-target: ADB
South Asia continues to be the fastest growing sub-region, led by India, whose economy is on track to meet the fiscal year 2018 projected growth of 7.3% and further accelerating to 7.6% in 2019, as measures taken to strengthen the banking system and tax reform boost investment, Asian Development Bank (ADB) said.
19 Jul 2018
Business#FinancialBytes: Know how to check your ITR status online
Once the filing and verification of your I-T return is done, you can keep track of the status of your return.
19 Jul 2018
IndiaRs. 1,500cr-by-15th-year: Jio Institute earned institute-of-eminence tag with this proposal
Reliance Foundation's Jio Institute, which was named among the government's 'Institutes of Eminence'(IoE) despite not even existing, has projected an income of Rs. 100cr in its first year from 1,000 students.
19 Jul 2018
Mutual Funds#FinancialBytes: Know all about ELSS that helps you save tax
Are you looking for an investment instrument which can not only offer you high returns but can also help you save tax?
18 Jul 2018
IndiaApple's India strategy stumbles as iPhones struggle to find buyers
In the first half of 2018, Apple has sold less than a million iPhones in India, says a report by market research firm Counterpoint. In comparison, the tech giant had sold 3.2 million iPhones in 2017.
18 Jul 2018
India6 common financial mistakes we make, but should avoid
Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.
18 Jul 2018
Mumbai13-year-old Mumbai boy is a budding-entrepreneur of a logistics start-up
Tilak Mehta is like any other teenager. The 13-year-old attends a Mumbai suburban school and rues about his father coming home from work late.
18 Jul 2018
Chennai#FinancialBytes: 5 best apps for all your short-term loan needs
Gone are the days when you needed to visit a financial institution or make various phone calls to get a loan.
17 Jul 2018
IndiaPeak-hour flight fares may increase if govt. passes new proposal
In a move akin to surge pricing policies on ride-hailing services, the Airports Authority of India (AAI) is mulling over a proposal to impose additional charges on airlines for flights during peak hours.
17 Jul 2018
Reserve Bank Of India (RBI)PNB collects Rs. 151.66 crore as below minimum balance penalty
In FY 2017-18, a total penalty of Rs. 151.66cr has been recovered due to non-maintenance of minimum balance in nearly 1.23 crore savings fund accounts, PNB replied in response to RTI activist Chadra Shekhar Gaud's query.
17 Jul 2018
India#FinancialBytes: Situations in which you can withdraw PF before retirement
Employees Provident Fund (EPF) is primarily a retirement benefit scheme by the Government of India for all salaried individuals in which employees get their accumulated funds after retirement or job-loss to finance their expenditures.
17 Jul 2018
Bharti AirtelThese Airtel, Vodafone plans offer 1-year free Amazon Prime subscription
The Amazon Prime Day is up and running with exclusive deals on thousands of products. However, the sale is limited to Amazon Prime members only.
17 Jul 2018
AmazonAmazon Prime Day sale: Users report issues with the website
The much-awaited Amazon Prime Day sales, which kicked-off on July 16, seems to be experiencing difficulties.
17 Jul 2018
SpaceXElon Musk's "pedo" comment wipes $2bn off Tesla's value
After Tesla CEO Elon Musk baselessly accused British cave diver and Thai cave rescue hero Vern Unsworth of being a "pedo", Tesla shares fell by 2.75% on Monday, knocking almost $2bn off the company's value.
17 Jul 2018
Business#FinancialBytes: Why you should choose credit cards over debit cards
On the surface, both credit and debit cards are almost identical- both are plastic money, carry 16-digit card number, expiry date and PIN codes.
