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होम » Breaking Briefs

Breaking Briefs

Purging fake beneficiaries saves govt Rs 3.35 lakh crore in 7 years

A study by department of expenditure shows that between 2017-18 and 2023-24, as much as Rs 3.35 lakh crore could be saved by filtering out non-bonafide beneficiaries from food security, rural employment and fuel subsidy schemes
RBI asks banks to refund excess charges collected from borrowers

During onsite examinations of REs, the RBI said it found that interest was being charged from the date of sanction of loan rather than the disbursement of loan
Cash, Cash & Cash: More than double circulation of cash since FY17

The circulation of physical currency is more than doubled since FY17, coinciding with the period of demonetization and the introduction of UPI for online payments
BSE asked to pay higher regulatory fee

Sebi asked the bourse to pay the fee based on the "notional value" of its options contracts and not on the premium value
Deloitte projects 6.6% GDP growth for FY25

The elevation of income within the middle-income bracket has led to heightened purchasing power and an increased desire for luxury goods, even after the consumer pattern shift, this fluctuation will have an impact
Variable annuity plans to hit market within three months; to be linked to market indices

The Insurance Regulatory and Development Authority of India (IRDAI) has given the green light for launching variable annuity plans which is a significant departure from the fixed annuity products that life insurance companies can offer currently, The Economic Times has reported.
Kids must be seated with parents on flight: DGCA

Airlines shall ensure that children up to the age of 12 years are allocated seats with at least one of their parents/guardians, who are travelling on the same PNR and a record of the same shall be maintained
Vodafone Idea FPO: share jumps to 10% while the FPO allotment catches focus

Tuesday saw a surge in the price of its share, marking to 10%. Vodafone will enhance its services with the amount raised through the FPO.
FSSAI to test samples of spices in India

Hong Kong and Singapore have stopped the sales of some of the powdered spiced made by MDH and Everest
Zomato hikes platform fees: shares climb 5% as platform fees plunges to Rs 5

Zomato has increased its platform fees applicable on customers for 25% to 5 rupees on every order from April 20.

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