Gap Financial News

24.06 / 11:19
Digital Progressive Gap economy Sustainability community inclusion SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG
financial inclusion through better coordination with government and NGOs in credit planning and promoting digital financial literacy. Observing that the role of SLBCs in fostering inclusive and sustainable growth is crucial and multifaceted, he said, it can drive significant progress in bridging the gap between financial services and the underserved populations. «By focusing on effective coordination with government and NGOs, adopting a scientific approach to credit planning, and emphasising digital financial literacy, SLBCs can create a more inclusive financial ecosystem,» he said at the Conference of Convenors of SLBCs at Pune on June 19. «As we move forward, it is essential to monitor and measure the tangible outcomes of our efforts, ensuring that the benefits of financial inclusion reach every corner of our country,» he said.
24.06 / 09:25
markets Progressive Gap Opinion Diversity inclusion innovations Diversity skills are key to thriving in globalised modern workspaces
In modern workspaces, organisations are going the extra mile to promote diversity and inclusion. There is an immediate need for those who are equipped with diversity skills to collaborate with people from distinct backgrounds in order to bolster a culture of inclusivity. Therefore, freshers must learn how to cultivate and leverage diversity skills.
24.06 / 09:03
markets Gap WhatsApp Trade DLF shares decline 2.25% as Sensex climbs
DLF Ltd. traded at Rs 836.5 on BSE at 01:59PM (IST) on Monday, down 2.25 per cent from previous close. The stock quoted a 52-week low price of Rs 461.55 and a high of Rs 967.0.
24.06 / 07:38
UPS Provident Citizens Gap economy information isolate Data users need clarity on numbers from the statistics ministry
Earlier this year, the US bureau of labour statistics landed in an unusual controversy. An email sent to a group of ‘super users’ about methodological tweaks in inflation calculations for the month of January found its way to the press. Since the group of super users included leading investment banks and hedge funds, it raised suspicions about the agency sharing market-sensitive information with a closed group.
24.06 / 06:19
markets UPS Booking Gap Trade Colgate-Palmolive Colgate-Palmolive shares drop 0.06% as Sensex rises
Colgate-Palmolive (India) Ltd. traded at Rs 2824.65 on BSE at 11:36AM (IST) on Monday, down 0.06 per cent. The stock quoted a 52-week low price of Rs 1625.0 and a high of Rs 3068.95. Earlier in the day, the stock saw a gap down opening.
23.06 / 12:21
UPS Provident Gap IFF reports recommendations Taxpayers can amend sales return form before GST payment
GST taxpayers will now have the option to amend outward supply or sales return form GSTR-1 before payment of taxes for a month or quarter. The GST Council in its meeting on Saturday had recommended providing a new optional facility by way of Form GSTR-1A to facilitate taxpayers to amend the details in Form GSTR-1 for a tax period and/or to declare additional details. GSTR-1A will, however, have to be filed before filing of return in GSTR-3B for the said tax period. This will facilitate the taxpayer to add any particulars of supply of the current tax period missed out in reporting in form GSTR-1 of the said tax period or to amend any particulars already declared in GSTR-1 of the current tax period (including those declared in IFF, for the first and second months of a quarter, if any, for quarterly taxpayers), to ensure that correct liability is auto-populated in GSTR-3B.
23.06 / 08:13
markets UPS FIVE Gap Centre may prepay market loans taken to compensate states for GST revenue loss during Covid years
GST revenue loss in FY21 and FY22 by November 2025, four months ahead of its scheduled repayment, an official has said. The full repayment of the market borrowings is expected earlier than the previously calculated timeline of March 2026. The issue is expected to be taken up for discussion in the next meeting of the GST Council in August, the official added. The compensation cess was initially brought in for five years to make up the revenue shortfall of states, following the implementation of the Goods and Services Tax (GST). The compensation cess expired in June 2022, but the amount collected through the levy is being used to repay the interest and principal of the Rs 2.69 lakh crore that the Centre had borrowed during COVID-19.
23.06 / 07:21
SUN Gap track reports prevention International darts NASA warns of potential planet-sized asteroid impact: There's 72% chance of Earth collision on this date
NASA has found that a potentially hazardous asteroid has a 72% chance of hitting Earth, highlighting potential gaps in Earth's preparedness to prevent such an event. The exercise, NASA's fifth biennial Planetary Defense Interagency Tabletop Exercise held in April, was summarized and unveiled on June 20 at the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland. According to an official report by the space agency, NASA conducted the fifth biennial Planetary Defense Interagency Tabletop Exercise in April. On June 20, NASA unveiled the summary of the exercise, held at the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland. The tabletop exercise, apart from NASA, included nearly 100 representatives from various US government agencies and international collaborators.
22.06 / 13:55
Manufacturing Gap WhatsApp reports recommendations GST council refers Par panel recos to cut GST on fertiliser to Group of Ministers
Andhra Pradesh Finance Minister P Keshav on Saturday said the GST council has referred a recommendation on exempting the fertiliser sector from the current 5 per cent GST to the Group of Ministers on rate rationalisation. The council discussed the recommendations made by the Standing Committee on Chemicals and Fertilisers in February to reduce GST on nutrients and raw materials in the interest of fertiliser manufacturing companies and farmers. Currently, GST at a 5 per cent rate is charged on fertilisers, while raw materials like Sulphuric Acid and Ammonia face a higher GST at 18 per cent. Talking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred to the Group of Ministers (GoM).
22.06 / 06:19
Gap Pool trends stage innovations reports Schools Indian deep tech startups count surges in 2023 but funding plummets 77%: Nasscom
deep tech startups in 2023 with 480 new ventures emerging, making it the third largest pool globally, a report said. However, the report by technology industry body nasscom and global consulting firm Zinnov highlighted the worrying trend of a funding winter, posing a major challenge for these startups. 'India's deep tech Dawn: Forging Ahead' report also said funding for scaling, talent attraction and retention, and global expansion are the top 3 challenges faced by startups in deep tech innovation.
22.06 / 05:11
Provident Gap economy Sustainability Election Food President Union Budget 2024 date and time; Check the common FAQs, answers to budget related questions here
Recently, leaders from India's corporate sector advocated for reducing the income tax burden on individuals, increasing capital expenditure, and implementing measures to control food inflation during their nearly two-hour meeting with Finance Minister Nirmala Sitharaman ahead of the Union Budget. In their pre-Budget discussions with Sitharaman, industry representatives emphasized the need for heightened focus on infrastructure development to sustain economic growth. They also highlighted the importance of bolstering the MSME (micro, small, and medium enterprises) sector, which is crucial for the Indian economy and a key source of employment.
21.06 / 22:13
Gap Netflix wellness film show stage reports Avatar: The Last Airbender Season 2: All you need to know about production, cast and release date
Netflix confirmed on March 6 that the series will conclude with two additional seasons. This follows the structure of the original animated series, which had three seasons for Aang’s story. Here’s what we know till now.
21.06 / 19:17
Citi BLOCK Gap Parke Celebrity prevention Features Don't miss the tree for the woods
tree, with major branches being lopped off so that large hoardings could be erected in front for the annual Durga Puja celebrations. My protests fell on deaf ears, of both the Puja organisers and the city administration. Nothing has changed since then; if anything, matters have worsened. Because now, not branches but whole trees are being lopped off to make way for fully built-up apartment blocks which need unrestricted access in the front and back. While the media is full of stories of tears being shed and protests being launched to prevent the decimation of forests for mining and industrial projects and even precious urban green enclaves, who spares a thought for the lone tree? Last month, two men in the UK pleaded not guilty to the charge of causing £622,191 worth of damage to a lone sycamore tree at what was called the Sycamore Gap, that had stood for over 200 years in the Northumberland National Park. It was one of the most photographed trees in the world, having stood all by itself in a natural dip next to the famous Roman Era Hadrian's Wall in northeastern England. Why it was cut has not been established.
21.06 / 14:03
markets UPS Manufacturing Gap Apple NVIDIA Research Is Nvidia’s near-monopoly status dangerous for the AI industry?
There are many companies developing AI models. But one company is integral to almost every major artificial intelligence project: Nvidia, since it has a monopoly on the computer chips required to run the intensive calculations required for AI operations. During every gold rush in history, the really smart investors have put their money into picks, shovels, and mining equipment instead of trying their luck digging for gold.
21.06 / 07:39
COST UPS Gap economy country Union Budget 2024: Here is how revenue, fiscal and primary deficit impacts the Indian economy
Revenue Deficit: When the government has a shortage of enough funds to maintain its day-to-day affairs is known as revenue deficit. This happens when total revenue expenditure surpasses total revenue receipts, leading to a revenue deficit. To work through the revenue deficit, the government often resorts to borrowings and divestments to make up for this gap in revenue, alongside the introduction of new or increasing taxes. Fiscal Deficit The fiscal deficit is the negative balance that happens when the Centre spends more money than it receives. The number is one of the most important figure that is observed during the Budget. The size of the deficit may affect growth, price stability, cost of production, and inflation. Additionally, in case of high fiscal deficit, a country's rating is also impacted.
21.06 / 07:39
UPS Booking Gap Trade Colgate-Palmolive reports Colgate-Palmolive shares down 0.63% as Sensex falls
Colgate-Palmolive (India) Ltd. fell 0.63 per cent to Rs 2836.8 in Friday's session as of 12:52PM (IST) even as the equity benchmark Sensex traded 408.0 points lower at 77070.93. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3068.95 and a 52-week low of Rs 1625.0 on NSE. Around 1794 shares changed hands on the counter till 12:52PM (IST).
21.06 / 02:07
Citi FIVE Citizens Waters Gap Food show Saving water is an alarm call we must heed every day
Journal of Zoology in 1982, A.J.T. Johnsingh documented the behaviour of dholes he observed from August 1976 to July 1978 in Bandipur Tiger Reserve. The picture he drew is a lively one, full of seriousness and play.
20.06 / 21:17
Provident CEO Platform Gap Enterprise recommendations rights Wealth tech firm MyVest strikes retirement income partnership
MyVest, a prominent provider of enterprise wealth management technology to deliver personalized, tax-efficient retirement income solutions through a new collaboration.
20.06 / 15:31
Gap WhatsApp Highways cover innovations information reports NHAI to collaborate with IIIT Delhi to enhance road safety through artificial intelligence
National Highways Authority of India (NHAI) has entered into an memorandum of understanding with the Indraprastha Institute of Information Technology (IIIT, Delhi) to leverage artificial intelligence (AI) based solutions for improvement in the availability of road signs on national highways, a move aimed at enhancing road safety. The tentative length to be covered under this project shall be around 25,000 km, the ministry of road transport and highways said in a statement issued on Thursday. As per the agreement, IIIT Delhi will conduct surveys for collecting imagery and other data related to availability and condition of road signages on selected national highways stretches.
20.06 / 00:17
COST Ball Gap Election information Department International Cabinet okays paddy MSP hike, green VGF and a ₹2,870-cr revamp of Varanasi international airport
cabinet on Wednesday set the ball rolling on the 100-day agenda of the new government with a slew of decisions, including a 5-11% increase in minimum support price (MSP) for kharif crops, a ₹76,220-crore port in Vadhavan, Maharashtra, and a ₹2,870-crore revamp of the Varanasi international airport. The cabinet — meeting for the first time since the allocation of ministerial portfolios — under the chairmanship of Prime Minister Narendra Modi, also approved viability gap funding (VGF) for offshore wind energy projects. In the run-up to the general election, all ministries and departments had readied a plan for the first 100 days of new government.

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