If you are a frequent traveller and often make payments in a foreign currency, then it is likely that you already hold a travel credit card. A travel card can help you make payment in foreign currency seamlessly while you are travelling overseas. However, banks typically charge a forex markup fee which needs to be … Read more
Artificial Intelligence is set to be incorporated as a used to check traffic violations and ensure compliance. According to Union Minister for Road Transport and Highways Nitin Gadkari, the government is proposing to use Artificial Intelligence and other innovative methods to check traffic violations and ensure that penalties are levied accurately. Nitin Gadkari on Thursday … Read more
Mumbai: The exuberance in derivatives trading is finally showing signs of waning after several warnings and a phased crackdown by India’s markets regulator. Trading in equity index options moderated in September, just before the Securities and Exchange Board of India on 1 October finalised proposals to curb frenzied trading by individual or retail investors. The … Read more
If you regularly invest in foreign exchange (forex), then make sure you do so through genuine and authorised trading platforms. There could be a scenario wherein a fake trading platform entices you into investing in foreign currency pairs. The Reserve Bank of India (RBI) recently updated its Alert list to warn investors against investing via … Read more
Afcons Infrastructure IPO: The initial public offering (IPO) of Afcons Infrastructure Limited has opened today. Bidding for the Afcons Infrastructure IPO will begin at 10:00 AM during Friday deals. The flagship infrastructure engineering and construction company of the diversified conglomerate Shapoorji Pallonji has set the Afcons Infrastructure IPO date from 25th October 2024 to 29th … Read more
If you regularly use a credit card, it is vital to be aware of the key rules including the annual fee, late payment charges, high rates of interest, minimum charges and the interest-free period. Importantly, you should make sure that you stay away from the common myths that are believed to be true by the … Read more
With a six-decade legacy of delivering complex infrastructure projects, Afcons’ IPO presents a compelling opportunity for investors seeking exposure to India’s burgeoning infrastructure sector. But let’s examine the company’s strengths and challenges to assess its potential. Afcons plans to use the IPO proceeds to enhance its financial position. It will allocate ₹600 crore to repaying … Read more
If you are planning to apply for a credit card and are exploring a range of services that can take your experience a notch higher, then you may avail a range of premium services. Although these services vary from bank to bank, one can pick them according to their special preferences. Here we share details … Read more
In Samvat 2080, the Indian market seen sharp rally supporting with strong economic environment in the country. The Nifty 50 surpassed 26,250 and BSE Sensex surpassed 85,900 in September 2024, with both Indexes gaining around 25 per cent during Samvat 2080. The BSE Midcap and Smallcap Index outperformed and gained 45 per cent and 50 … Read more
Starting 15 October, salaried individuals can adjust such TCS payments against the tax deducted at source (TDS) on their salaries. Previously, they could only claim a refund of the TCS when filing their tax returns. This affected salaried individuals in particular as professionals could always factor in the TCS while computing advance tax, said Prakash … Read more