Information Financial News

In today’s dynamic economic landscape, the role of financial leadership in infrastructure development has become more critical than ever. Infrastructure projects, ranging from civil construction, transportation and energy to healthcare and education, form the backbone of a nation’s growth and development.

Indian Express quoting Karnataka CM.Siddaramaiah also questioned if Prajwal Revanna left the country without the knowledge of his family. "Did he leave without telling anyone?"The Chief Minister's claim comes amid H D Deve Gowda's letter to Prajwal to return to country and not to test his patience any further.Meanwhile, Siddaramaiah also said that H D Kumaraswamy is trying to dilute the rape and sexual offence charges against his nephew and Hassan MP Prajwal by "talking gibberish" against Deputy Chief Minister D K Shivakumar and others.Also Read: Prajwal Revanna sexual abuse case: Karnataka CM Siddaramaiah writes to PM Modi to cancel Hassan MP's diplomatic passport“We have got all confidence in the SIT.

HDFC Bank customers will not be able to use most services, including net banking, mobile banking and UPI, due to scheduled maintenance activities from 3.30 A.M. on May 25, 2024, according to a notice on the bank’s website.

This high-impact 12-month programme is meticulously curated for mid to senior-level professionals, seeking to elevate their expertise in the dynamic realm of Supply Chain Management. It is also tailored for seasoned professionals looking to navigate the intricacies of Chain Management or seeking innovative strategies to optimise various aspects such as purchasing, production, inventory control, and logistics.

Salaried individuals receiving a house rent allowance as part of their salary can claim HRA exemption if they pay rent for their accommodation. This exemption lowers their taxable salary, either wholly or partially. But one question that usually arises is how one should claim full HRA exemption. Are both rent receipts and a rent agreement required as proof to make the claim?

Income tax return filing FY 2023-24: You need to be careful while claiming tax exemptions and deductions in income tax return ITR. The Income Tax Department may ask you for proof for the deductions and tax exemptions you claim in the ITR during processing, whether for the current year or previous years.

ClinicSpots based on analyzing patient reviews and feedback from medical facilitators:Besides world-class treatment, affordability is a great factor behind the growth of medical tourism in India. The cost of cancer treatment in India is 40-80% lower, compared to other countries, and the medical advisors at ClinicSpots help patients from around the world to avail this opportunity.Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein.Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in the same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims.The information does not constitute medical/health advice. Readers are strongly advised to consult a registered medical practitioner.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Post office savings schemes: The government revises rates of small savings schemes, including post office plans, every three months. Interest rates were left unchanged for the April-June 2024 quarter for these small savings schemes. Despite no increase in rates of these savings instruments, these post office schemes are still giving better returns than most bank fixed deposits (FDs), especially those by public sector banks.  

Question: When will ITR e-filing start this year? When can salaried taxpayers start filing their tax returns for AY 2024-25? Also, kindly enlighten us on the new AIS functionality.

Enforcement Directorate (ED) on Friday opposed in the Delhi High Court the bail plea of BRS leader K Kavitha in a money laundering case linked to the alleged excise policy scam, saying her release would adversely affect further investigation to unearth the «deep-rooted, multi-layered conspiracy». The ED, in its reply to Kavitha's bail plea, contended that the Telangana lawmaker is a «highly influential» individual and stands accused of having committed a grave economic offence. She has the potential to tamper with evidence and influence witnesses, it said. «K Kavitha has conspired with other people and actively involved in payment of kickbacks to the tune of Rs 100 crore and then in establishing the money laundering ecosystem, that is, M/s Indo Spirits through her proxy which generated proceeds of crime of Rs 192.8 crore. By such acts, K Kavitha is involved in various processes and activities relating to proceeds of crime (POC) to the tune of Rs 292.8 crore,» the probe agency said in its counter affidavit. On Friday, Justice Swarana Kanta Sharma heard part arguments advanced by Kavitha's counsel and listed the matter for further proceedings on May 27.

Choosing the right crypto pairing is crucial for successful cryptocurrency trading. With many trading pairs available, it can be overwhelming for new traders to make informed decisions. This article will focus on two popular trading pairs: USDT to TRX and BNB to ETH, providing key insights and tips to help you choose the right crypto pairing for your trading strategy.

Retail investors are getting nervous that a return to more normal levels of inflation and interest rates is going to take longer.

Mint Digital Innovation Summit 2024 on FridayUtkarsh Desai, Corporate Center Head of L&T Construction, outlined L&T's vision to achieve carbon neutrality by 2040 through cutting-edge digitization and technological integration.Desai emphasized, "Our journey from a Deere equipment supplier to a $27 billion conglomerate underscores the transformative power of digitization in reshaping our operational landscape."He underscored the pivotal role of digitization, stating, "Digitization rests on three core pillars: Man, Machine, and Material." Regarding manpower management, Desai highlighted, "Our bespoke platform streamlines HR processes, ensuring a dyn... Read moreHe underscored the pivotal role of digitization, stating, "Digitization rests on three core pillars: Man, Machine, and Material." Regarding manpower management, Desai highlighted, "Our bespoke platform streamlines HR processes, ensuring a dynamic workforce capable of meeting seasonal demands." Safety, he stressed, "is addressed through an end-to-end platform meticulously designed to enforce organizational safety standards."Desai eloquently summarized L&T's overarching goal in digital transformation, stating, "The two things which humanity has not created till date, which is time and money, time and energy.

Nvidia, the generative artificial intelligence boom is the gift that keeps on giving. After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors.

Kedarnath after developing a technical snag early on Friday. An official said the chopper landed a few metres from the helipad at the Himalayan temple. He informed that all seven people, including six pilgrims and the pilot, are safe.

Shares of Inox Wind rallied 10% in today’s session to its fresh 52-week high of Rs 166 on BSE as the stock traded on an ex-bonus basis. Earlier in May, the wind turbine manufacturer had informed the exchanges about its intention to issue bonus shares in the ratio 1:3 to its eligible shareholders, meaning that for every 1 equity share held, 3 new equity shares will be issued.

HUL: Is another weak quarter a cause of panic for investors?"In view of the above, the Board of Directors based on the recommendation of the Nomination and Remuneration Committee approved and adopted the revised Board Skill Matrix of the Company on 26th February, 2024," the report added.HUL will become among the first of the large companies which officially adopts an additional set of skill sets that its Board must have. Wile earlier some of the prominent skill sets were defined as a must have for the Board, this is the first time HUL has measured the extent of these skill sets that the directors have.According to the skillset statistics shared in the report, HUL found out that while 92% of its Board had leadership experience, barely 33% were aware about the details of cybersecurity, data governance and information technology.

The Education Department was already more than a year behind schedule on rolling out the new Free Application for Federal Student Aid. Then, last October, staffers were alerted to a major oversight: The formula for determining aid didn’t account for inflation. The system had to go live in December.

London Drugs has confirmed that files stolen by hackers during a cyberattack in April have been leaked onto the dark web.

If you are looking for higher interest rates on fixed deposits (FDs), corporate fixed deposits from non-banking financial companies (NBFCs) and housing finance companies (HFCs) can be seen as an attractive option. These deposits offer higher returns when compared to major private and public sector banks. However, it is crucial to assess the risks involved before investing.

open a free Demat account. Want to know how? Read on!Opening a Demat Account - A Comprehensive GuideOpening a Demat account is done online and you have to choose a broker to open one. Here are some key steps to take in the process of opening a Demat account online today:Select a Reputed BrokerBegin the Demat account opening process by choosing a reliable and registered broker.