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Edelweiss General Insurance partners with Repco Home Finance to offer property insurance cover

Digital insurer Edelweiss General Insurance (EGI) has tied up with Chennai-based Repco Home Finance Ltd (RHFL) to offer insurance solutions to all home loan customers of RHFL. Through this partnership, EGI will offer property insurance cover and loan protection cover to RHFL’s customers through their branches spread across India. As per the Edelweiss General Insurance, …

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Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News

Search Quotes, News, Mutual Fund NAVs Syrma SGS INE0DYJ01015, SYRMA, 543573 Adani Power INE814H01011, ADANIPOWER, 533096 Tata Steel INE081A01020, TATASTEEL, 500470 Yes Bank INE528G01035, YESBANK, 532648 BHEL INE257A01026, BHEL, 500103 Search Quotes, News, Mutual Fund NAVs Syrma SGS INE0DYJ01015, SYRMA, 543573 Adani Power INE814H01011, ADANIPOWER, 533096 Tata Steel INE081A01020, TATASTEEL, 500470 Yes …

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LIC Housing Finance, Bajaj Housing Finance hike lending rates by 0.50%

MUMBAI: Mortgage lenders Bajaj Housing Finance and LIC Housing Finance on Monday announced a 0.50 per cent hike each in their lending rates. The revisions come amid a rising interest rates scenario, which has seen the RBI hiking its key lending rate by 1.40 per cent since May to tame inflation. Bajaj Housing Finance hiked …

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Finance ministry expects rural demand to recover as inflation softens

Rural demand in India, which was buffeted by the Covid-19 pandemic and then by high global inflation, is set to recover as prices come down and the southwest monsoon proves supportive to the sowing season, the finance ministry said in its latest monthly economic report (MER). “Kharif sowing supported by the …

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No move to levy charges on UPI services: Finance ministry

NEW DELHI: There is no move in the government to levy any charges on UPI (Unified Payments Interface) transactions, the finance ministry said on Sunday. It asserted concerns of service providers for cost recovery have to be met through other means. “UPI is a digital public good with immense convenience for the public and productivity …

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No plans to levy charges on UPI transactions, says Finance Ministry

The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a “digital public good with immense convenience”. The Ministry of Finance on Sunday said the concerns of service providers for cost recovery have to be met …

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No GST on residential unit if rented out for personal use: Finance ministry

NEW DELHI: Residential properties if rented out to private persons for personal use will not attract Goods and Services Tax, and no GST will be charged on food items sold loose, a finance ministry official said. A section of media misreported that house rent paid by tenants will attract an 18% GST, which is factually …

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