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Here's a list of small finance banks offering up to 9.5% on senior citizen FDs for amounts above Rs 3 crore. (Senior citizens are those aged 60 and above).

₹2,606.18 crore, while their foreign counterparts or FIIs net purchased shares worth ₹766.52 crore . Overall, investor wealth increased by ₹7.3 trillion, per exchange data, on fresh buying and short covering (closing out bearish derivatives bets). Veteran money managers said the bullish sentiment is likely to continue despite quarterly earnings being in line.

A recent survey of small business owners suggests many are making a fundamental financial mistake as they overestimate their ability to manage cash flow.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Telecom operators, in their latest submission to sector regulator Trai, have unanimously demanded to bring over-the-top apps like WhatsApp, Signal and Telegram within the ambit of the licensing regime under the new Telecommunication Act. Reliance Jio, Bharti Airtel, Vodafone Idea and industry body COAI — in their comments on the consultation paper issued by Trai, seeking views on the framework for service authorisations to be granted under the Telecommunications Act, 2023 — have said that the calling and messaging apps should be brought under services to be provided through authorisation. «As per our understanding, OTT Communication services are covered under the new Telecom Act as an access service,» Telecom operators industry body COAI said in its submission to the Telecom Regulatory Authority of India (Trai). Reliance Jio said the definition of 'message' and 'telecommunication service' under the newly enacted Telecommunication Act, 2023, includes all forms of telecommunication services, including the communication services provided over the top using the platform, servers or switches hosted in the public internet.

Prime Minister Narendra Modi on Friday approved airport projects at Bagdgora in West Bengal and Bihta in Bihar for an estimate cost of Rs 1549 crore and Rs 1413 crore respectively. Union Minister Ashwini Vaishnaw said that Bagdgora Airport's project also includes construction of an apron capable of accommodating 10 parking bays suitable for A-321-type aircraft while the Bihar project includes the construction of an apron capable of accommodating 10 parking bays suitable for A-321/B-737-800/A-320 type aircraft. The Bagdogra project will feature a new terminal building spanning 70,390 sqm, designed to handle 10 million passengers annually and 3,000 peak hour passengers, as per the government.

baolis that once populated Delhi. Inside, it feels like you are walking through time as a map showcases Delhi’s 2,500-year-old history. Visitors can see architectural models of monuments such as the Nila Gumbad, which sits in the middle of a busy traffic intersection a few yards from the Humayun’s Tomb complex.

Thinking of buying a home with the help of a real estate agent

Optiemus Infracom is looking to raise around Rs400 crore to expand its manufacturing business and enhance its brand image ahead of a planned foray into making and selling screen protectors and mobile phone cover glass under a licence from US-based Corning. The company, in a stock exchange filing, said the fund-raise will be done through preferential allotment of 75 lakh convertible warrants, convertible in one or more tranches into equity shares of RS 10 each, within 18 months into equity shares. The funds are going to be used in expanding the company's manufacturing business and for marketing spends. The company is planning to expand its manufacturing business to make laptops and notebooks under the IT hardware production-linked incentive scheme, according to industry executives who are aware of the matter. It is currently in talks with a global brand and is expected to start manufacturing for them in the next 3-6 months.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

inland waterways, as part of its efforts to promote greater use of the country's network of rivers, canals and backwaters to move cargo, officials in the know said. The government is readying a scheme to incentivise parcel movement on the Ganga, Brahmaputra and Barak rivers in the first phase. A discount of up to 35% on the invoice value for transporting goods is expected to be offered by a subsidiary of state-run Shipping Corporation of India, with the government reimbursing the company for the loss of revenue, they said. «This scheme has been designed after feedback from stakeholders that recently used national waterways 1, 2 and 16 to transport goods,» one of the officials said. The incentive will make waterway movement on those routes comparable to road transport, he added.

China says it will restrict exports of a mineral used in a wide range of products from batteries to weapons

Hezbollah and Israeli forces has killed senior commanders and several hundred fighters from the Iran-backed group, causing destruction and displacing tens of thousands on both sides. Hezbollah has seen more fighters killed since October than when it last went to war with Israel in the summer of 2006. AFP looks at the mounting toll for the Shiite Muslim movement, which has been trading near-daily fire with the Israeli army in support of Hamas since the Palestinian militant group's October 7 attack on Israel triggered the Gaza war.

phulkari embroidery, cholis with kaanchi (mirror embroidery) from Gujarat, brocade on quilt covers and saris, tie-and-dye odhanis, Naga shawls, jamdanis, telia rumal from Andhra Pradesh and batik rumal from West Bengal—all introducing the viewer to ancient textiles starting from the 18th century. (Unlike painting, when it comes to textiles, something that belongs to 18th century is considered ancient, because cloth is more delicate and tends to perish faster.) Then the gallery takes a turn into the modernisation of traditional textiles, highlighting pieces from the Vishwakarma exhibitions, led by the late Martand Singh from the 1970s onwards. These shows were a series of seven textile art and history exhibitions from 1982-92 that documented the introduction of design to crafts communities.

Mizoram Chief Minister Lalduhoma on Thursday said that the state government will launch a scheme to enable deserving people to avail interest-free loan up to Rs 50 lakh to achieve economic growth and improve the living condition of the masses. Addressing the people on the occasion of the 78th Independence Day, Lalduhoma said that his government was firm on its goal of providing inclusive governance and development, of more accountability and transparency in government processes and a people centric administration with improved delivery of public services. He claimed that there have been marked changes in various aspects of governance and administration under the Zoram People's Movement (ZPM) government in just eight months since it came to power in December last year. Lalduhoma said that the state government has been making massive efforts to develop the state and will also launch a loan scheme, where the government will act as a guarantor, to help the deserving people, who are determined for economic growth.

Congress leader Supriya Shrinate has sharply criticised the West Bengal government over the recent rape and murder of a female trainee doctor, questioning why the local administration allegedly attempted to cover up the crime. Speaking out on Thursday, the Congress leader condemned the violence that erupted at RG Kar Medical College and Hospital in Kolkata after the incident and expressed anguish over the administration's handling of the situation. «The incident was extremely unfortunate. What happened to the woman doctor raises a critical question: Where is the safety for women, who constitute half the population? What is happening to women in this country? Why did the local administration try to cover up the crime? The violence we saw yesterday is unacceptable and it is not the answer to anything,» Shrinate, the chairperson of social media and digital platforms in Congress' communication department, told ANI.

Reintroduced indexation for property disallows loss offsets, excludes NRIs Real estate buyers get tax breaks on both the loan used to buy the property and income earned from it, i.e, rent. On a let-out house, the full interest paid towards home loan can be deducted. In the case of a self-occupied or an empty house (not rented out), interest up to ₹2 lakh can be deducted.

older Americans will pay when they fill those prescriptions. White House officials said Wednesday night they expect U.S. taxpayers to save $6 billion on the new prices, while older Americans could save roughly $1.5 billion on their medications. Those projections, however, were based on dated estimates and the administration shared no details as to how they arrived at the figures. Nonetheless, the newly negotiated prices — still elusive to the public as of early Thursday morning — will impact the price of drugs used by millions of older Americans to help manage diabetes, blood cancers and prevent heart failure or blood clots.

RBI) is expected to unleash stringent rules, tightening provisioning requirements for project finance, introducing a new expected credit loss (ECL) framework and imposing a higher liquidity coverage ratio (LCR) for deposits to hedge against sharp outflows through digital channels. The central bank is expected to introduce these rules later this year and bankers are worried they will hurt profitability in the medium term. “Banks have given their feedback on all three proposals; we can only hope RBI listens. The project finance norms, particularly, are pretty harsh. If implemented in its current form, it could hurt financing for the sector,” said an executive at a public sector bank. “At a time when India is looking to grow faster and there is no crisis on the horizon, these norms could do more harm than good.” The central bank published a set of draft guidelines in April on project finance.