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NPS systematic withdrawal plan suits retirees with large corpus

MUMBAI: The systematic withdrawal scheme introduced under the National Pension System (NPS) provides retirees with a facility to deploy their retirement...
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Business

Household durables sector to see moderation in revenue in Q3: HSBC report

NEW DELHI: Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted...
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Business

HDFC Bank gets RBI nod to hike group stake in 3 banks

MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike...
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Business

NHAI prepays Rs 56,000 crore loans as Capex fall

NEW DELHI: NHAI has pre-paid loans of Rs 56,000 crore during the current fiscal year and is looking to further reduce...
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‘EVs don’t need subsidy once regime ends’: Piyush Goyal

NEW DELHI: Electric vehicle (EV) industry has "unanimously" agreed they won't need subsidies once existing subsidy regime ends. "All sections" of...
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Business

Rural poverty declines sharply in FY24 at 4.86%: SBI research

NEW DELHI: Rural poverty has declined significantly to 4.86 per cent in the fiscal ending March 2024 from 25.7 per cent...
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Business

Bank Holidays 2025: Are banks open on Saturday, January 4, 2025?

Bank Holidays: RBI issues a comprehensive state and region-specific holiday calendar annually. Bank holidays January 2025: Banks across India observe closures during...
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Business

Rupee to marginally depreciate against USD in CY25, outperform many of its peers: Report

Rupee is likely to experience slight depreciation in 2025, driven by volatile foreign portfolio investor (FPI) flows and a potentially stronger...
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