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These post office savings schemes now offer higher interest rates. Details here

Ad P Recently, the Union government hiked rates for some small savings schemes that do not give any income tax benefit. As per Mint, the deposits that have seen a rise in interest rates are the 2-year, 3-year time deposits with post offices, such as the Senior Citizen Savings scheme (SCSS), Kisan Vikas Patra (KVP), …

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Polyester yarn makers to laugh all the way to the bank this year too: Report

Ad P MUMBAI: Robust demand from end-users and increased blending with cotton yarn due to decadal high prices of cotton will boost the revenue of polyester yarn makers by 18-20 per cent this fiscal, a report said on Thursday. This will have the industry’s growth spree continuing this fiscal as well leading to operating margins …

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Adani Group says regulatory nod not needed for NDTV share acquisition

Ad P Reuters | | Edited by Nisha Anand Adani Enterprises said on Friday that regulatory restrictions are not applicable to New Delhi Television Ltd’s (NDTV) top shareholder RRPR Holding Private Limited owned by founder Radhika and Prannoy Roy and they cannot ‘legally’ prevent share allotment to Adani Group. On Thursday, NDTV sought to block …

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Syrma SGS Tech IPO Listing Tomorrow: GMP Hints At Listing Pop

Ad P Business oi-Roshni Agarwal | Published: Thursday, August 25, 2022, 19:10 [IST] IPO of Syrma SGS Tech Technology is set to make its D-Street debut tomorrow (August 26, 2022). Reportedly, since the public issue of the electronic products manufacturer opened on August 12, 2022, its grey market premium or GMP has been soaring from …

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Digital Skills | Digital India: How can India become a digital skills hub for the world?

Ad P According to president of Microsoft India, Anant Maheshwari, “There is a significant opportunity to position India as a global digital hub for data and artificial intelligence (AI), allowing investment, jobs, and innovation.” India has a chance to become the world’s digital talent hub in an evolving technology environment. By 2025, the demand for …

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Airport services aggregator Dreamfolks IPO oversubscribed on Day 1 of bidding

Ad P Airport service aggregator Dreamfolks Services Limited’s initial public offering (IPO) opened for subscription. The issue will conclude on Friday, i.e August 26. The IPO has been oversubscribed 1.45 times as of 3.25 pm, the Mint quoted Bombay Stock Exchange data. The retail investors category was overbooked 6.57x and non institutional investors (NII) bid …

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Rs 14,000 Crore Surat-Chennai Economic Corridor Faces Green Hurdle

Ad P Business oi-Renu Baliyan | Published: Tuesday, August 23, 2022, 20:07 [IST] A vital segment of the ambitious Surat-Chennai economic corridor faces a grave green hurdle ahead of the assembly elections in Gujarat, according to a report published in Economic Times. According to the ET report, the near Rs 14,000 crore project has run …

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rare earth metals: A Supplier of Rare Earth Metals Turns to Greenland in a Bid to Cut Reliance on Russia

Ad P HONG KONG: One of the world’s last processors of rare earth metals outside China is buying mining rights in Greenland to reduce dependence on Russian ore and stabilize prices, in the latest move by Western companies to diversify supply chains after Russia’s invasion of Ukraine. Rare earth metals are essential for the manufacture …

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RBI’s new rules for credit cards, debit cards: Steps to tokenise you card data

Ad P The Reserve Bank of India (RBI), in June, extended till September 30 the deadline to replace the credit card and debit card data used in online, point-of-sale, and in-app transactions with unique tokens. The new debit and credit card guidelines were scheduled to come into effect from July 1. According to the RBI, …

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