In India, salaried employees spend an average of 33 percent of their monthly income on monthly installments on loans, A study by financial technology firm Perbias in collaboration with PwC India has found. The study, conducted among over three million tech-savvy consumers, found that 39 percent of their income is spent on monthly expenses, including … Read more
New Delhi: Reports suggest that the state government has stepped up efforts to attract investment from Tesla for its electric vehicle manufacturing unit in Andhra Pradesh. Is Tesla coming to Andhra Pradesh In 2024, Andhra Pradesh Minister Naralokesh, during his visit to the US, held talks with Tesla’s Chief Financial Officer Vaibhav Taneja about the … Read more
What are the benefits of reduction in custom duties, For India’s own benefit, it is necessary to reduce the duty on imported goods. Reducing import duty is good for India Imposing duty on goods from other countries does not protect any country. Therefore, it is better to reduce the duty regardless of who is asking … Read more
New Delhi: RBI When individuals, small and micro enterprises try to repay their loans early, banks impose penalties. The Reserve Bank of India has urged banks to allow early repayment of loans without any penalty. The Reserve Bank has also released a draft regulation in this regard. What is the new RBI rule for loans? … Read more
A study has revealed that Indians pay a third of their salary as loan installments, known as EMIs. How do Indians spend their money A recent study by PwC and Perbios has revealed how Indians spend their money. The study surveyed 3 million people using financial technology services, non-bank financial institutions and other digital platforms. … Read more
The country’s export value has also declined in January for the third consecutive month. Why India’s exports are declining India’s exports fell 2.38 percent to Rs 3.17 lakh crore last month, the Union Commerce Ministry said. At the same time, imports rose 10.28 percent to Rs 5.17 lakh crore. This was mainly due to an … Read more
Indian stock market indices ended slightly lower on the second trading day of the week yesterday. After a series of declines, the markets, which had risen the day before yesterday, returned to their downward trajectory. The stock market has resumed its decline Due to continuous outflow of foreign investment, when trading began yesterday, the market … Read more
New Delhi, Feb 18- EPFO to set up separate fund to ensure interest rate does not decrease, EPFO is planning to set up a separate fund to ensure that the interest paid to EPFO subscribers continues to remain unchanged. Around 6.50 crore workers have PF accounts. EPFO fixes and announces the interest rate for them … Read more
New Delhi: The value of machinery and spare parts exported from India to Germany increased fourfold to Rs 35,900 crore last year. What is the maximum export from India to Germany This was stated by Rajesh Nath, Managing Director of the German Engineering Federation, who participated in the ‘Lokimat India 2025’ exhibition held in Mumbai … Read more
Indian stock market indices closed slightly lower yesterday, the fourth trading day of the week. stock market situation india Amid concerns over the trade war and continued foreign investment outflows, the market indices opened higher when trading began yesterday on optimism over inflation data. Foreign Investment Foreign investors sold shares worth Rs 2,790 crore yesterday. … Read more