Cover Financial News
24.06 / 09:03
Provident
Citizens
WhatsApp
country
cover
travelers
International
Over 14 lakh visa applications submitted monthly in 2023: EAM Jaishankar on Passport Seva Divas
Passport Seva Divas emphasised that the ministry has rendered 1.65 crore passport-related services to Indian citizens in 2023 and over 14 lakh visa applications were submitted monthly. Extending his greetings to all passport authorities in India and abroad, Jaishankar said that the Ministry of External Affairs, along with the Central Passport Organisation, has been marking this occasion and renewing our commitment to provide passport and related services to citizens of India in a timely, reliable, accessible, transparent and efficient manner. «It gives me great pleasure to join all our passport-issuing authorities in India and abroad on the occasion of the 12th Passport Seva Divas,» he said in a post on X.
24.06 / 05:07
24.06 / 04:25
UPS
Target
Research
Trade
cover
boating
Drone-sinking of coal ship takes Red Sea perils to new level
Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs. The British navy said Tuesday that the only visible objects in the last known location of the Tutor dry-bulk carrier — at which point it was semi submerged — were some debris and an oil slick. Yemen’s Houthi militants managed to strike it with a seaborne drone, killing one crew member and injuring others. They said they eventually sank it with explosives. Register for the ET MSME Day 2024 here.
24.06 / 03:55
markets
UPS
IPO
Trade
cover
consequences
Akme Fintrade IPO allotment in focus today; latest GMP, step-by-step guide to check status
demat accounts.Also Read: Akme Fintrade India IPO: Here's what latest GMP indicates as focus shifts to allotment; How to check online?Individuals who received shares will have their demat accounts credited on Tuesday, June 25. The refund procedure will also begin on Tuesday.Akme Fintrade IPO listing date is fixed for Wednesday, June 26 on BSE and NSE.If you have applied for the Akme Fintrade IPO, you can do a Akme Fintrade IPO allotment status check immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.htmlUse the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html, to directly input your login details.- Link to the Akme Fintrade IPO allotmentFrom the list of firms, choose "Akme Fintrade IPO."Opt for "PAN Number, Beneficiary ID, or Application No./CAF No."Simply press "Search."You may view your Akme Fintrade IPO on your phone's display or a computer monitor.Also Read: Akme Fintrade IPO closes today: Issue oversubscribed by 55.12x.
24.06 / 01:41
UPS
Provident
Bill
cover
exclusive
hospital
information
Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid them
After five months of providing what was asked of him, he was told that his claim had been rejected on the grounds of ‘serious discrepancies in the event of hospitalisation’. This, after Pal offered counter-proof for the lapses mentioned by the insurer. “I did not have the strength to pursue the case after five months of back and forth with the insurer,” says the 36-year-old. His claim amount was Rs.1.14 lakh. Pal isn’t the only one nursing a grudge against health insurance companies over claim settlements. As per the Council for Insurance Ombudsmen’s annual report 2022-23, of the 51,103 insurance complaints received by it between 1 April 2022 and 31 March 2023, nearly 50.6% or 25,873 complaints were related to health insurance. As high as 93.14% of the total entertainable complaints disposed of were about ‘partial and total repudiation of claims by insurer’.
24.06 / 00:17
Provident
Airlines
security
Experts
cover
recommendations
Reinsurance and coinsurance not under tax ambit
Reinsurance and coinsurance are not the supply of a service and, hence, not liable to tax, according to a decision by the Goods and Services Tax (GST) Council on Saturday. This spells a significant breather to insurance companies facing thousands of crores in tax demands. The GST Council also recommended clarifications on taxability of reimbursements of securities or shares as employee stock option plans given by a company to its workers. Officials said exemptions would be conditional and notified later. Coinsurance, in this instance, refers to insurers sharing insurance-bearing liabilities. Reinsurance is the cover an insurer buys to insure itself through the payment of premiums. The industry has contended that GST should only be paid by one company in this chain. However, the Directorate General of Goods and Services Tax Intelligence (DGGI) last year issued notices to about 20 insurance companies raising tax demands of about Rs 12,000 crore for non-payment of GST on coinsurance and reinsurance premiums. Apex grouping General Insurance Council had lobbied the government, seeking clarity. It submitted that the levy of GST on all firms amounted to double taxation.
23.06 / 22:43
Provident
President
hiv
cover
recommendations
prevention
Courts
Federal appeals court says some employers can exclude HIV prep from insurance coverage
Eight employers who challenged some federal health insurance requirements cannot be forced to provide no-cost coverage for certain types of preventive care, including HIV prep and some kinds of cancer screenings, a federal appeals court in New Orleans ...
23.06 / 22:25
23.06 / 17:33
Cummins
stage
cover
blues
cricket
India vs Australia T20 World Cup: What if IND vs AUS Super 8 match is washed out due to rain?
Rohit Sharma-led Indian cricket team is all set to face their toughest rivals, Mitchell Marsh-led Australia, in the final Super Eight clash in the ongoing ICC Men's T20 World Cup 2024 at the Daren Sammy Cricket Ground in Saint Lucia on June 24.In the tournament India have been unbeaten and are currently leading the point table in Super Eight stage. They have a good chance to qualify for the semis unless they are defeated by a big margin.For Australia, winning the match is not only crucial to proceed in the semis, but if they don't win with a better run rate and Afghanistan beat Bangladesh with good amount of runs, the latter would qualify.ALSO READ: Mitchell Marsh warns Rohit Sharma's men in blue ahead of T20 Super 8 clash: ‘…no better team...’Everything depends on the weather conditions.
23.06 / 11:19
markets
Election
Research
Bill
cover
Schools
rights
Exit polls loss-making venture: Axis My India chief
Exit polls is a loss-making business and the only profit a pollster earns is visibility, Axis My India chief Pradeep Gupta has said. Gupta was considered to be the poster boy of exit polls till June 4, when the Lok Sabha poll results dealt a hammer blow to the reputation of pollsters after their predictions proved to be wide off the mark. «Exit polls are a loss-making venture because no media house will pay as much money as that invested on the ground… the only profit that we make in exit polls is that we get visibility which we do not get while doing market research for corporate clients,» he said. In an interaction with PTI editors at the agency's headquarters, Gupta said 70 per cent of his clientele is corporate clients and that is where the main revenue comes from.
22.06 / 17:05
Provident
Booking
Tapestry
Diversity
cover
social
classical
Best Indian History Books to Learn about Indian History (2024)
Read more about the Bookssection on the Top Trending Productspage. Read about the Best Indian History Books in India below. 1. A History of Ancient and Early Medieval India by Upinder Singh Taking you on a journey through India’s past from the Stone Age to the 12th century, Upinder Singh's «A History of Ancient and Early Medieval India» is a comprehensive understanding and exploration of India's rich past. Incorporating the latest research and discoveries, the book delves into political, economic, social, and cultural aspects, blending textual, archaeological, and visual sources. Overall, you will cover almost every important aspect of Indian history that you must explore. Buy Now: A History of Ancient and Early Medieval India by Upinder Singh 2. A New History of India: From Its Origins to the Twenty-First Century
22.06 / 15:39
UPS
Death
Actor
cover
Department
Investigations
Renukaswamy murder case: Karnataka police to ask Income Tax department to join probe
Karnataka police have decided to ask the Income Tax department to join the investigation into Renukaswamy murder case in view of huge money involved in execution of the crime. Kannada actor Darshan, his friend Pavithra Gowda, and 15 others have been arrested for abducting and brutally torturing Renukaswamy of Chitradurga to death on June 8. According to police, Darshan and his gang have so far spent Rs 78 lakh to cover up the crime and destroy material evidences. «There is lot of money involved and we don't know how much money they would have raised through unfair means to get rid of this case. Hence, we have decided to include the I-T department in the case,» a police officer said. So far cash to the tune of Rs 70.4 lakh has been seized from the actor, while Rs 7.6 lakh is yet to be recovered. During the investigation, police found Darshan's involvement and subsequently the entire case came out in open.
22.06 / 12:07
markets
UPS
Provident
wellness
trends
Trade
cover
Sentiment is changing, FIIs could push market rally further, says Chandan Taparia of Motilal Oswal
FIIs long-short ratio, this is working well in the Indian market. If I look at the historical data of the last two-and-a-half, three years, then the ratio goes near 10% to 15% on the lower side and on upside it goes till 70-75%. And just a couple of days back, the ratio of FIIs long-short ratio was 12% to 13% and now (12:13), so that clearly indicates that FIIs covered their short positions. So, short covering trigger was there. They built some long position also after a long time. So, somehow it seems that sentiment is changing and that may support the Indian market. As of now, the SIP and the flow from the DIIs were supporting the market and now if FIIs do the short covering, then further leg of rally could be seen, says Chandan Taparia, Motilal Oswal ET Now: Nearly, it is like a range. Though we hit a lot of records this week, Nifty hit a record, Bank Nifty hit a record for this week, but the range where we started Nifty, we have clearly or closely ended on those points only, 50 odd points of gain only. Is there a sign of exhaustion now? Are we in for a consolidated trade for the coming week? How would you trade from here?
22.06 / 12:07
markets
Cooper
security
cover
boating
GRSE secures export order worth $54 mn from German co for commercial vessels
GRSE) Ltd on saturday signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH and Co. KG, a Germany-based shipping company, for the construction and delivery of four multi-purpose cargo vessels. This contract, valued at around $54 million, is set to be completed within 33 months. The official statement from GRSE indicated that there is an option for building an additional four ships in the future. These vessels will each measure 120 meters in length and 17 meters in width, capable of carrying 7,500 metric tonnes of cargo.
22.06 / 09:35
UPS
Food
cover
Inside
prevention
bowling
With olive oil prices soaring, here are recipes that focus on less-is-more
₹700-800. The price of one litre of extra virgin olive oil from Spain is now ₹1,300-1,800. I make pure olive oil soaps around this time each year, so they cure for five-six months and are ready by peak winter in December.
22.06 / 08:07
Actor
Photos
Celebrity
show
cover
social
Features
Inside Sonakshi Sinha-Zaheer Iqbal's Mehendi celebration: Check viral photo ahead of wedding ceremony
Sonakshi Sinha and Zaheer Iqbal's much-anticipated wedding is the latest buzz in Bollywood. Preparations are in full swing as the couple gears up for their big day. Recently, a photo from their mehendi ceremony has taken social media by storm, showing the couple sharing a joyful moment with friends and family. For the pre-wedding event, Sonakshi looked radiant in a red salwar kameez, while Zaheer donned a printed red kurta paired with white pyjama. The couple’s happiness was evident as they posed for photos, celebrating with their loved ones. In the lead-up to their wedding, Sonakshi and Zaheer enjoyed bachelor and bachelorette parties with close friends. Sonakshi shared glimpses of her bachelorette, including a picture with her close friend and actor Huma Qureshi. Meanwhile, groom-to-be Zaheer was spotted with Sonakshi's father, Shatrughan Sinha, in Bandra, Mumbai. The veteran actor and Zaheer posed happily for the paparazzi.
22.06 / 08:07
COST
Aware
cover
International
orienteering
Income tax saving: Sold land, house or jewellery? Know how indexation benefit can help you lower your long-term capital gains
inflation has reduced the purchasing power of Rs 100 over the years. So why should you pay income tax on long-term capital gains without factoring in inflation? Rather than inflationary gain, it is fair to pay income tax only on real gain. This is why the Income Tax law allows you to take advantage of indexation. It helps you to get a discount for inflation over the current price of the asset and get the inflation-adjusted present value of your capital gains. «Indexation is a mechanism which is used to adjust the current price of a capital asset to reflect the effect of inflation on it in comparison to the date of its actual purchase. With the help of indexation, one can lower the Long-Term Capital Gain (LTCG) and corresponding tax applicable on it at the time of sale of such capital asset,» says Daizy Chawla, Managing Partner, S&A Law Offices. So, you must use indexation to your advantage and pay a lower long-term capital gains tax. However, do note that this benefit is not available for every capital asset.
22.06 / 06:19
UPS
Platform
Discover
cover
Features
Updates
Amazon Furniture Sale - Big Deals on Furniture You Can't Miss
Whether you're looking to refresh your living room with a chic new sofa, update your dining area with a stylish set, or create a cosy bedroom retreat, this sale has it all. With unbeatable prices on top-quality pieces, now is the perfect time to upgrade your home furnishings.
22.06 / 05:15
markets
Citi
security
Diversity
cover
reports
Investigations
25% savings rate common among those over 30 years old, reveals survey
The Moneyview Savings Index 2024 reveals current savings and investment patterns in contemporary India. According to the survey, individuals with higher incomes tend to save a larger proportion of their earnings than those with lower incomes.
21.06 / 21:13
Platform
RPG
Xbox
cover
Features
Updates
Clair Obscur: Expedition 33: See when will game release and check out platforms, gameplay and storyline
Clair Obscur: Expedition 33 offer a fresh take o a fresh take on turn-based RPG with its unique features. This detailed guide covers its release window, platforms and gameplay mechanics.
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