Finance

Tips & Advice on Understanding Loan Against Property

Loan against property is a type of secured loan wherein you pledge your residential or commercial property as collateral to a financial institution in exchange for a loan. It can help an individual take care of their financial needs and higher the value of the collateral, higher the amount that will be sanctioned. As long as the property is in your name, you can get a loan. In case the property to be offered as collateral is disputed, the chances for the application being rejected is high.

Elon Musk says Twitter beginning to block fake, spam accounts

Washington/UNI: Twitter owner and US billionaire entrepreneur Elon Musk said that the social media platform has begun blocking fake and spam accounts, which may result in decreasing the number of followers for Twitter users.

Indian expats to remit a record $100 billion in 2022: Report

Remittances by migrant workers from India are likely to hit a record $100 billion this year.

India's core sector growth slows to just 0.1 pc in Oct

New Delhi: India’s core sector recorded a growth of a meager 0.1 percent in October compared to an 8.7 percent growth in the same month in the previous fiscal.

A leader overcomes biases to create effective team, says IIM Indore director Himanshu Rai at leadership workshop

Kolkata/IBNS: A true leader in an organisation overcomes biases to create a team that is effective and eventually run things successfully, said Prof. Himanshu Rai, Director IIM Indore, at a leadership workshop here.

Fiscal deficit stands at 4.7 pc of GDP in first half of FY23

New Delhi: The Centre’s fiscal deficit stood at 4.7 percent of GDP in the first six months of FY23.

Toyota Kirloskar Vice-Chairman Vikram Kirloskar dies of cardiac arrest

Bengaluru/IBNS: Eminent businessman and vice-chairman of Toyota Kirloskar passed away after suffering a cardiac arrest late Tuesday. He was 64.

India-Australia FTA to be effective from Dec 29

New Delhi: India and Australia free trade agreement will come into force from December 29, commerce and industry minister Piyush Goyal tweeted on Wednesday.

India's GDP grows 6.3 pc in 2nd qtr in line with RBI's projection.

New Delhi/IBNS: India’s Gross Domestic Product (GDP) grew at 6.3 percent in the Q2FY23 year-on-year, according to data released by the government on Wednesday.

SBM Bank India has announced a strategic partnership with Asia’s first end-to-end Embedded Finance platform, "Zwitch"

Kolkata: SBM Bank India and Open Financial Technologies Pvt Ltd today announced a strategic partnership for launching Asia’s first end-to-end Embedded Finance platform- Zwitch- to offer a no-code, low-code and full-stack API solution that enables fintechs to build their own financial products using Zwitch’s technology stack, comprising of a drag-drop dashboard, low code plugins along with 300+ APIs. Non-fintechs like SaaS platforms, health-techs etc. can also use this platform to embed financial features into their product or service.

Why One Should Prefer a Personal Loan from Fullerton India?

Lending institutions provide personal loans to help meet immediate financial requirements by lending them money upfront. Personal loans can be applied online in just a few steps with many online lending platforms. One of the reputed lenders is Fullerton India. You can avail of loans conveniently at attractive interest rates. What are the features of Fullerton India loans and who is eligible to apply for them? Let us discuss them in this article.

10 million additional jobs can be created in electronics and BPO sector in two years' time: Ashwani Vaishnaw

New Delhi: Minister for Communications, Electronics & Information Technology and Railways, Shri Ashwini Vaishnaw has said that 10 million additional jobs can be created in the electronics and Business Processing (BPO) sector in the coming two years, given the strides the start-up sector is making in the country.

Indian Market: Sensex ends at new peak at 63,099.65 pts

Mumbai: The BSE Sensex on Wednesday registered a fresh record high, breaching 63K level at 63,099.65, advancing 417.81 points on strong Asian Market.

How Long Will It Take for Me to Receive My Personal Loan?

Nowadays, a Personal Loan is in huge demand as there is no end-use restriction on its usage. Right from renovating a home and planning a wedding to higher education and medical emergencies, a Personal Loan can be used to meet all your financial requirements. A lot of lenders offer easy and affordable Personal Loan solutions to customers. However, there remains confusion when it comes to approval and disbursement timeline.

Paytm offers cashback on booking LPG cylinders

Indian digital payments firm Paytm has started offering cashback on booking of LPG cylinders on its app across Bharatgas, Indane and HP Gas.

Learn how you can gather long-term savings with zero taxes

Financial objectives might differ based on an individual's requirements and stage of life. Some individuals want to purchase a house; some want to plan their retirement or support their child's future education, while others want to tour the globe, buy a car or update their current one. The list could go on and on.

Sensex opens at 62,743.47 points

Mumbai/UNI: The BSE Sensex remained an all- time- high on Wednesday, as the Sensex opened at 62,743.47, advancing 62 points on strong global cues.

NDTV founders Radhika and Prannoy Roy resign from RRPR board

Mumbai/IBNS: New Delhi Television Ltd (NDTV) founders Prannoy Roy and Radhika Roy stepped down as directors from the board of promoter entity RRPR Holding, with effect from Tuesday, accounting to an exchange filing by NDTV, according to a media report.

After 15 yrs of failed attempts, Mumbai's Dharavi slum area to be redeveloped by Adani Group

Mumbai: Adani Group bagged the bid for the redevelopment of Mumbai’s Dharavi area, one of the largest slum clusters in Asia, outbidding DLF, a Moneycontrol report said Tuesday.

Air India transformation: Vistara Airlines to merge with Air India by 2024

Mumbai/IBNS: Vistara Airlines will be merged with Air India, acquired by Tata Group from the Indian government in January this year.

Linc Ltd Q2FY23 result: PAT jumps 167 pc to Rs 956 lakhs

Pen and stationery maker Linc Limited (Formerly Linc Pen & Plastics Limited) reported a PAT of Rs 956 lakhs in Q2FY23, up 167 percent year-on-year (YoY) compared to Rs 358 lakh in the same quarter in FY22.

Linc launches Pentonic Frost as extension of its Pentonic line of products

Kolkata/IBNS: Linc Ltd recently announced the launch of the Pentonic Frost as an addition to its Pentonic line of products.

Hyderabad-based QSR chain ZOMOZ raises funds for global expansion

Hyderabad/IBNS: Internet food company Zomoz has raised an undisclosed amount from existing investor and food tech unicorn Rebel Foods in its second round of capital to further global expansion.

Air traffic surpasses four lakh mark for two consecutive days in India

New Delhi/IBNS: Domestic flights flew more than four lakh passengers for two successive days, indicating positive signs of recovery for India's civil aviation sector.