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IBA Proposes Reducing the Tax-Free FD Duration to 3 years to Obtain Parity with ELSS Funds

IBA Proposes Reducing the Tax-Free FD Duration to 3 years to Obtain Parity with ELSS Funds

Banks have pushed for a reduction in fixed deposit (FD) term from five to three years in order to qualify for tax benefits similar to those available on mutual fund products such as equity-linked savings schemes ahead of the Union Budget (ELSS)....

Prime Minister Narendra Modi to deliver special address at World Economic Forum's Davos Agenda today

Prime Minister Narendra Modi to deliver special address at World Economic Forum's Davos Agenda today

Prime Minister Narendra Modi will be delivering the 'State of the World' special address at the World Economic Forum's (WEF) Davos Agenda on Monday at 8:30 PM IST through video conference. The virtual event will be held from...

Investors closely track rural demand in FMCG firms' Q3 Results

Investors closely track rural demand in FMCG firms' Q3 Results

Hindustan Unilever Ltd (HUL) will be announcing its December quarter (Q3FY22) results on Thursday and investors are expected to closely track management commentary on rural demand. Recall that while announcing Q2 results, HUL had said that recent...

Visa joined Mastercard in offering central banks a way to trial digital currencies

Visa joined Mastercard in offering central banks a way to trial digital currencies

As the Reserve Bank of India as well as other central banks across the world explore and experiment with central bank digital currencies (CBDCs), Visa has joined Mastercard when it comes to offering them a way to test retail applications for...

India and U.K. start negotiations for an ambitious FTA

India and U.K. start negotiations for an ambitious FTA

Minister of Commerce and Industry Piyush Goyal and U.K. Trade Secretary Anne-Marie Trevelyan launched negotiations for an ambitious Free Trade Agreement (FTA) on Thursday. Mr. Goyal has said that the negotiations are expected to be completed...

7 Business Tactics to Learn from Top Entrepreneurs of the World

7 Business Tactics to Learn from Top Entrepreneurs of the World

Running a successful business in the current ultra-competitive market realm is no cake walk and with more and more businesses starting their operations every year, it is important that entrepreneurs come up with new and innovative ways of...

Retail inflation spikes to a 5-month high of 5.59% in December

Retail inflation spikes to a 5-month high of 5.59% in December

The country’s retail inflation, which is measured by the Consumer Price Index (CPI), has risen to a five-month high 5.59 per cent in December. Separately, India’s factory output, measured in terms of Index of Industrial Production...

Telcos Seek to Reduce the Cost of 5G Spectrum by More Than 90%

Telcos Seek to Reduce the Cost of 5G Spectrum by More Than 90%

Telecom operators have asked Trai to reduce the reserve price for 5G spectrum by more than 90% for the upcoming auction, with no upfront payment and a 5-year moratorium. After the moratorium period, the amount of spectrum can be recovered over a...

6 Leadership Lessons to Learn from Ratan Tata

6 Leadership Lessons to Learn from Ratan Tata

Regarded as a celebrated industrialist and philanthropist of India, Ratan Tata has played a prominent role in making TATA a household brand synonymous with loyalty and trust. Born on 28th December 1937 in Surat, Ratan Naval Tata has been bestowed...

Odisha CM Initiates 13 Industrial Projects Worth Rs 2359 Crores to Create Employment Opportunities

Odisha CM Initiates 13 Industrial Projects Worth Rs 2359 Crores to Create Employment Opportunities

Odisha Chief Minister Naveen Patnaik has launched 13 industrial projects which is worth Rs 2359.29 crore, that is aimed to create employment opportunities for over 3,200 persons in the state. Patnaik virtually inaugurated two industrial units...

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