• Economic recovery likely to boost gold demand in India this year: World Gold Council

    Initial data about the Dhanteras festival in November suggests that while jewellery demand was still below average, it had substantially recovered from the lows seen in the second quarter (April-June 2020) of last year, it said.

    Press Trust of IndiaJanuary 14, 2021/11:15 AM IST
  • Tax refunds worth Rs 1.73 lakh crore issued so far this fiscal: Income Tax Department

    New Delhi: The Income Tax Department on January 13 said it has issued refunds worth over Rs 1.73 lakh crore to more than 1.57 crore taxpayers in the ongoing fiscal till January 11. Of this, personal income tax refunds are worth Rs 57,139 crore, while corporate tax refunds are worth Rs 1.15 lakh crore. CBDT […]

    Press Trust of IndiaJanuary 14, 2021/11:14 AM IST
  • Bitcoin will reach Rs 1 crore by 2030: Rahul Pagidipati of ZebPay

    experts believe bitcoin may hit Rs 1 crore

    Teena Jain KaushalJanuary 14, 2021/11:13 AM IST
  • Two-third of urban India backs Centre’s decision to regulate digital content

    The Indian government recently announced its decision to bring digital audio-video content, including films and web shows on OTT (over the top) platforms, as well as online news and current affairs platforms under the ambit of the Information and Broadcasting (I&B) Ministry. Following the announcement, YouGov, a global market research and data company, conducted a […]

    Money9January 14, 2021/11:10 AM IST
  • Bite Sized Insurance Policy: Should You Buy it?

    Not so long ago, a typical bite sized insurance was getting a cover while buying a train ticket. And now we have come a long way as you can buy customised cover for anything — from a backpack to cycle.   What is bite sized insurance? Bite sized insurance is a product for a specific […]

    Teena Jain KaushalJanuary 14, 2021/11:07 AM IST
  • Tax on gold investments

    Gold is India’s most wanted investment as well as inheritance. Gold is bought in 3 ways- physical form like a coin, bullion or jewellery, as paper gold like gold exchange-traded funds, gold funds or sovereign gold bonds and in the digital form. Many banks and mobile wallets like Paytm and Phone Pe offer digital gold. […]

    Priyanka SambhavJanuary 14, 2021/11:04 AM IST
  • Pension assets under management at Rs 5.49 lakh cr as of December 2020: PFRDA

    New Delhi: Total assets under management in government’s flagship social security schemes — National Pension System (NPS) and Atal Pension Yojana (APY) — stood at Rs 5,48,913 crore at end-December 2020, posting an year-on-year growth of 36.83%, according to PFRDA data. The assets under management stood at Rs 4,01,152 crore at end-December 2019. The Pension […]

    Press Trust of IndiaJanuary 14, 2021/10:43 AM IST
  • Wipro Q3 results: Net profit up 21% YoY; firm says demand environment improving steadily

    New Delhi: Wipro on January 13 posted 20.8% jump in consolidated net profit at Rs 2,968 crore for the December 2020 quarter. The net profit attributable to shareholders in the year-ago period was at Rs 2455.9 crore, according to a regulatory filing by Wipro. The company logged 3.9 per cent quarter-on-quarter growth in IT services […]

    Press Trust of IndiaJanuary 14, 2021/10:20 AM IST
  • Five questions you should ask before applying for a credit card

    Many people apply for a credit card without understanding how it works. The easy money entices them to swipe the card irresponsibly without thinking how to pay it back. The surprise comes later when they receive the statement loaded with heavy penalty and interest charges. Here are five questions you should ask before applying for […]

    Teena Jain KaushalJanuary 14, 2021/10:14 AM IST