Inclusion Financial News

Ottawa’s hike to the capital gains tax has been slammed as a blow to Canada’s productivity, but closer to home, it will also hit your stock portfolio, say analysts.

Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a «remarkable year» for Airtel Payments Bank, which has been growing in double digits across all key metrics such as users, revenue, and profits. «We are still closing the books (for the fiscal) but as we stand today, we are going to see high double-digit growth rates on revenue, profit and users continue,» he said. Airtel Payments Bank has nearly 500,000 banking points spread across the country, today.

The Insurance Regulatory and Development Authority of India (IRDAI) has reportedly fixed the pricing of ‘Bima Vistaar’ – a single insurance product that covers life, health, accidental damage and property. This all-in-one insurance product, designed for people living in rural areas of the country, is priced at Rs 1,500 per policy, various media reports suggest. These reports have cited industry officials who attended a two-day programme called ‘Bima Manthan’ held on April 25-26 in Hyderabad.

“One meme coin that covers all the niches” is a description rarely heard in relation to a meme asset. However, this is a facet that makes Baby Sinclair (CLAIR) a meme coin project that has gone live as a presale with its AI and voice-over avatar project.

₹23,70,800. Bookings are currently open, with the motorcycle set to arrive at dealerships by the end of May. This latest offering from Ducati represents a significant upgrade over the standard DesertX, priced at ₹18.33 lakh ex-showroom.

Janney Montgomery Scott, the privately owned, independent subsidiary of Penn Mutual, has announced significant enhancements to its network with the addition of two seasoned financial advisors.

Reasons to buy Reasons to avoid Wireless connectivity Limited platform support Illuminated Keys The White Cosmic Byte ARES Wireless Controller presents a well-designed ergonomic structure, equipped with rubberized textured sticks that offer exceptional grip while engaging in gaming sessions. It incorporates pressure-sensitive analogue triggers and LED-backlit buttons, supporting both Xinput and D Input for enhanced compatibility.

Looming changes to how capital gains are taxed are spurring some “anxiety” in Canada’s cottage country, some real estate experts say, as owners fret over whether they should rush to sell before the proposals from the 2024 federal budget come into effect this summer.

Vodafone Idea shares. Seven other stocks need up to 10% rise to enter the MSCI index, Nuvama Equities said in a report. These stocks are Oberoi Realty, Zydus Lifesciences, Prestige Estates, Thermax, Nykaa parent FSN E-Commerce Ventures, Alkem Laboratories and Steel Authority of India (SAIL).

ANI that Rishabh Pant and KL Rahul are likely to get selected for the ICC T20 World Cup 2024 squad as wicketkeepers. Shivam Dube is also likely to get picked in the squad. According to ESPNcricinfo, Rajasthan Royals (RR) skipper Sanju Samson is also likely to be India's first-choice wicketkeeper-batter for the tournament.

Bringing web3 and decentralization to the masses, Exa Protocol, introduced its visionary approach to change the Web3 landscape with the inaugural edition of ExaConf 2024. Building upon the core principles of pseudonymity, security, and decentralization, Exa Protocol aims to empower users and redefine the future of Web3.

India to over $4 billion in the current financial year ending June from $1.3 billion two years ago, its regional vice president for Asia and the Pacific Riccardo Puliti told ET. He said climate finance would occupy an even greater focus in the financial institution's future investment in the country. IFC is the World Bank's lending arm focussed exclusively on private sector in developing countries. «Nearly 41% of IFC's total investment this year is related to climate finance; 41% is already very high and will go higher because the whole Indian economy is moving in that direction,» Puliti highlighted.

UGC announced that students with 4-year undergrad degrees and 75% aggregate marks or equivalent grades can now sit for the National Eligibility Test (NET) to qualify for a PhD programme. Earlier, NET candidates were required to hold a master's degree with a minimum of 55% marks. Two reasons have been cited for this change: the new system will simplify the process for students and open many research opportunities.

Pakistan’s plans for a central bank digital currency (CBDC) gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again.

Muslim reservation in Karnataka has reignited a heated debate, drawing attention from various quarters, including political functionaries and the National Commission for Backward Classes. The controversy revolves around the allocation of quotas for Muslims within the broader framework of OBC reservation in the state, with remarks by PM Narendra Modi adding fuel to the discussions. Modi Accuses Congress of Reservation Manipulation During a recent rally in Rajasthan’s Tonk-Sawai Madhopur Lok Sabha constituency, PM Modi accused the Congress of attempting to diminish quotas for SCs, STs, and OBCs. He criticized Congress for advocating reservation for Muslims, which he deemed contrary to the spirit of the Constitution.

The federal government’s decision to increase the capital gains tax rate to 66.7 per cent from 50 per cent has caused a lot of angst amongst business owners, professionals, investors and property owners, to name just a few.

Shehbaz Sharif is on a visit to Saudi Arabia to attend the World Economic Forum. Pakistan Muslim League-Nawaz (PML-N) leader Ishaq Dar is currently serving as Pakistan's Foreign Minister. He has been also included in the Council of Common Interests (CCI).

Sanju Samson led from the front on Sunday with a blistering knock of 71 off 33 balls to guide his team to a comfortable 7-wicket win over LSG in Lucknow. Meanwhile, LSG captain KL Rahul (76 off 48 balls) also scored a half-century, but his innings was far less impactful than his counterpart's. In fact, the RR skipper has been in superb form this season, amassing 385 runs in the 9 matches so far at a strike rate of 161.09 and an excellent average of 77.

Make in India’ initiative, these ATMs offer flexibility and efficiency to banks. Hitachi Payment Services claims that this is the first upgradable ATM in India.

1. GLEN 60 cm 1200m3/hr Auto-Clean Filterless Curved Glass Kitchen Chimney The GLEN 60 cm chimney enhances the kitchen experience by combining efficiency with convenience. Its 1200m³/hr airflow effectively eliminates smoke and odors, ensuring a fresh environment even during heavy cooking.

Arvind Kejriwal's wife Sunita Kejriwal will spearhead AAP's Lok Sabha campaign in the national capital and other states, which begins with her maiden roadshow on Saturday in support of party's East Delhi candidate Kuldeep Kumar, senior party leader Atishi said. Addressing a press conference here, Delhi minister Atishi said Sunita will seek votes and blessings for the Aam Aadmi Party (AAP) in the absence of her husband who is in judicial custody. «In protest against the arrest of Arvind Kejriwal, his wife Sunita Kejriwal will campaign to seek blessings for him and to seek votes for AAP candidates. She will seek blessings for him from the people of Delhi, Punjab, Gujarat and Haryana,» Atishi said. «She will hold a roadshow in East Delhi tomorrow and will seek blessings from the people of East Delhi for Arvind Kejriwal. On April 28, she will hold a roadshow in the West Delhi Lok Sabha constituency,» Atishi added.