Information Financial News
03.06 / 08:40
Citi
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Air India to operate as merged entity from 2025; no Vistara brand by year end
Mint on the sidelines of the annual general meeting of the International Air Transport Association, a global airline body. On receiving the nod from NCLT, the airline hopes to take another 4-5 months to merge the air operator certificate of AIX Connect with Air India Express. The Tatas acquired both Air India and its subsidiary Air India Express in January 2022.
03.06 / 07:29
UPS
CEO
security
Election
information
Lok Sabha Election Result 2024: From Jammu & Kashmir to Mizoram and Andhra Pradesh, here's how India braces for June 4
PTI on Monday that over 2,000 personnel would be deployed in the north-eastern state of Mizoram to proceed with the vote-counting process for the state's lone Lok Sabha seat.“A three-tier security arrangement has been made in all the 13 counting centres across the state," Chief Electoral Officer (CEO) Madhup Vyas said. In the state capital, Aizawl, there would be three counting centres and one in each of the other district headquarters.There will be 40 counting halls equipped with 379 tables.
03.06 / 07:29
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Mr. N.S. Venkatesh to Spearhead Athachi Finserv
Athachi Finserv is a part of Athachi Group, which has sustainability in its heart, and ethical values at its core. A second-generation organization committed to the cause of preserving, protecting, and nurturing nature, and bringing back ancient Indian wisdom to limelight, the conglomerate is passionately involved in nature-based Farm Produce, Ultra Luxury Skin & Personal Care, Premium Wellness Products, Investment Management, Financial Advisory, Renewable Energy etc. In fact, joining Athachi Finserv is more of a homecoming of sorts for Mr.
03.06 / 06:31
Provident
FIVE
Maxim
Strategy
Discover
information
Income Tax Return: How to get maximum tax refunds on filing ITR | Check out these 5 ways!
Income tax return filing FY 2023-24: The deadline to file ITR for AY 2024-25 is July 31, 2024. Salaried individuals are waiting for their employers to issue Form 16, in a week or two. Once they receive Form 16, they will be in a position to file income tax returns easily. However, this document is not necessary to file an ITR if a taxpayer uses other documents like Form 26AS, Annual Information Statement (AIS) / Tax Information Summary (TIS), capital gains details, bank statements, home loan statement and interest certificates from banks.
03.06 / 06:05
markets
Death
cover
information
Equality
NOT
Term Life Insurance: Why should you not buy a return-of-premium option?
Life insurers are smart and savvy when it comes to understanding the mindset of Indians. While a majority of Indians still opt for traditional endowment-type life insurance, there is a growing section of the population which understands why purchasing plain-term lifeinsurance is the best option.
03.06 / 05:49
markets
COST
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Election
Highways
information
What changed in India after Lok Sabha election 2024 voting?
toll fee adjustment is an annual revision linked to changes in the Wholesale Price Index (WPI)-based inflation. "The new user fee will come into effect from 3.6.2024," a senior NHAI official was quoted as saying by a news agency on Sunday.This means that motorists across nearly 855 user fee plazas on the national highway network where a fee is levied will have to shell some more money to cross over.
03.06 / 05:49
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RBI pushes asset reconstruction companies to strengthen KYC compliance
MUMBAI : The Reserve Bank of India (RBI) is intensifying scrutiny on asset reconstruction companies (ARCs), mandating that they classify borrowers by risk profile and verify their KYC (know your customer) data after acquiring bad loans from banks and non-bank financiers. This move aims to bolster fraud detection and anti-money laundering measures, aligning ARCs with the same rigorous standards imposed on banks. According to two ARC executives aware of the development, the RBI has informed ARCs that they need to start verifying the KYC of borrowers even if they are buying from lenders who have those details.
03.06 / 03:11
Platform
Assurant
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travelers
Updates
Mumbai local train services delayed after technical glitch at Borivali station
Western Railway network in Mumbai faced significant disruptions on Monday morning. The cause of the disruption was identified as a technical issue resulting from a cut cable at Borivali station, one of the busiest stations in north Mumbai.
03.06 / 02:55
security
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track
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Investigations
China says Britain's MI6 turned two Chinese govt staff to spies
British Secret Intelligence Service MI6 turned two staff members of unnamed Chinese central state organs into spies for the British government, its State Security Ministry said in a statement on Monday.
03.06 / 02:17
markets
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Action
Trade
social
information
reports
Sebi's rumour verification rule and its implications
Sebi) requires top listed companies to confirm, deny or clarify market rumours reported in mainstream media from June 1. Reena Zachariah looks at what it means for these companies: What's the new Sebi rule on market rumour verification?
03.06 / 01:13
COST
Research
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blues
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darts
HDFC Small cap mutual fund is lagging behind the index and its peers sharply; what should investors do
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 3 APRIL 2008 CATEGORY EQUITY
03.06 / 01:13
markets
COST
Citi
Research
information
What rental yield is and how it is calculated
What are the types of rental yield? There are two types of rental yields: gross and net Gross rental yield This is the return you calculate if you just consider the total rent, without including any costs or expenses incurred by you on the property during the year.
03.06 / 01:13
UPS
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Digital
Platform
wellness
hospital
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NHCX, a single portal for all health insurance claims soon: what is the claims process, benefits to policyholders
What is NHCX platform? NHCX is a digital platform developed by the National Health Authority (NHA) and Union Ministry of Health and Family Welfare as part of the Ayushman Bharat Digital Mission. It is being created on the recommendation of the joint working group of the Insurance Regulatory and Development Authority of India (Irdai) and NHA. The portal will bring all the players involved in the claim process, including ‘payers’ (insurer, third-party administrator, government scheme administrator) and ‘providers’ (hospital, laboratories, polyclinics) at one place. Irdai has urged all the players to onboard the platform, and many have already done so.
02.06 / 16:51
Platform
social
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Mumbai Police issues statement on 'attack' on Raveena Tandon, says ‘both parties denied….’
Police station. Both parties denied making any complaints," Mumbai Police said.
02.06 / 16:51
Reuters
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Day after polls, highway authority hikes rates by 3-5% across 1,100 toll plazas
revision in toll plaza rates is an annual exercise, and the increase or decrease in the prices is based on the changes in the wholesale price index-based inflation.The decision to increase toll plaza rates was made two months after the Election Commission of India asked NHAI to collect the increased toll plaza rates after Lok Sabha elections 2024. This timing is significant as it aligns with the completion of the election process."The process required for the decision on the power tariff may be continued by the State Regulatory Commission.
02.06 / 16:21
Action
Election
track
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Updates
peace
Sandeshkhali post-poll violence: 'Worried' Bengal Guv asks Mamata to intervene
C V Ananda Bose on Sunday said he was worried after getting reports about post-poll violence in Sandeshkhali, and asked Chief Minister Mamata Banerjee to intervene immediately and restore peace there. Speaking to PTI, Bose said that he has written to Banerjee asking her to inform him about the action taken against those involved in the incidents of violence in Sandeshkhali in North 24 Parganas district.
02.06 / 12:09
Google
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Schools
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Google rolls back AI search feature after flubs and flaws
Google CEO Sundar Pichai introduced a generative artificial intelligence feature for the company's search engine last month, he and his colleagues demonstrated the new capability with six text-based queries that the public could try out.
02.06 / 09:25
Cooper
Airlines
security
information
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International
Vistara Paris-Mumbai flight gets bomb threat; lands at airport amid emergency alert
PTI quoting a source.Also Read: Delhi-Srinagar Vistara flight carrying 178 passengers receives bomb threatThe flight, however, landed safely at 10:19 am. Following that, security agencies started conducting a thorough check"A security concern has been noted by our staff while onboard the airline's flight UK 024 operating from Paris to Mumbai on 2 June 2024," said Vistara in a statement.A Vistara spokesperson said that following the protocol, the airline immediately informed the relevant authorities.Also Read: Hyderabad's Praja Bhavan receives bomb threat, disposal squad rushed to spotIt also said that the flight had landed at the Chhatrapati Shivaji Maharaj International Airport, Mumbai and the airline is fully cooperating with the security agencies for all the mandatory checks.On Friday, operations at Srinagar airport were affected for an hour after Vistara flight from Delhi received a bomb threat.
02.06 / 09:25
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Bengaluru water supply cut alert! BSWWB warns of water shortage on THESE days
TOI. The Bangalore Water Supply and Sewerage Board (BSWWB) announced that water supply will be affected in the city for two days - June 6 and June 7.The primary reason for the water cut is the Board's work on the Cauvery Stage V Project. Consequently, the board will shut down all its pumping stations on June 6.
02.06 / 07:05
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Google
Universities
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We asked ChatGPT for legal advice - here are five reasons why you shouldn't
By Francine Ryan & Elizabeth Hardie, The Open University Milton Keynes
02.06 / 04:35
Election
information
guidelines
Videos
Lok Sabha Election Result 2024: ‘EVM rigging’, Congress flags new rule barring counting agents at ARO tables on June 4
vote counting process on June 4. In a post on X (formerly Twitter), Maken wrote, “Candidate’s Counting Agents at the ARO table are NOT being allowed for the first time!!! I have contested 9 Lok Sabha and Vidhan Sabha elections in the past- And this is happening for the first time."The Congress MP called it an issue “bigger than the alleged EVM rigging" while urging the Election Commission of India to address it.
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