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Financial News
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Union Budget 2024 Live Updates
February 01, 2024
Finance Minister Nirmala Sitharman is presenting the Interim Budget 2024 today, the last one before the Lok Sabha elections. The budget is expected to focus on infrastructure, income tax, and job creation amid the challenges posed by the Covid-19 pandemic and the economic slowdown. Sitharaman will also highlight the achievements…
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Urban Money Aims Higher in FY24
October 12, 2023
Urban Money, the fintech division of Square Yards, has announced that it anticipates the facilitation of Rs. 30,000 crore in home loan disbursements in the present financial year.Urban Money is presently functioning throughout 250 cities and has already facilitated disbursals of around INR 15,370 crore in the last financial year…
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HDFC Bank Merger: Changes for HDFC FD Customers; Annual Results and Dividend Awaited
June 15, 2023
In a significant development in the financial sector, HDFC Ltd and HDFC Bank have recently announced their long-awaited merger. The merger between these leading entities, HDFC and HDFC Bank, will bring about several changes and opportunities for customers and shareholders. HDFC, the leading housing finance company, and HDFC Bank, one…
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Currency Revamp Countdown: Deposit or Exchange Your Rs 2000 Notes
May 23, 2023
After the unexpected turn of demonetisation, banning the INR 2,000 notes in India has sent shockwaves through the citizenry. The abrupt announcement has left people in a state of bewilderment, concerned about the impending chaos that lies ahead. In a twist that caught the nation off guard, the Reserve Bank…
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Mahila Samman Bachat Patra 2024 : How to Apply, Eligibility and Benefits
April 05, 2023
Union Finance Minister Nirmala Sitharaman presented the Union Budget for the 2024–25 fiscal year on Wednesday. She also announced a new programme on savings for women. The Mahila Samman Bachat Patra (महिला सम्मान बचत पत्र) allows Indian women to save Rs. 2.5 Lakh at a reasonable rate of 7.5% for…
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Bank of Baroda Reduces Home Loan Rates to 8.5%
March 07, 2023
Bank of Baroda, also known as BOB, recently announced a reduction in home loan rates to 8.5%. This move is part of the bank's effort to attract more customers in the highly competitive Indian banking market. The new Bank of Baroda Home Loan interest rate is applicable to all housing…
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Repo Rate Stands at 6.50% post 0.25% Hike, Announces RBI
February 08, 2023
The Monetary Policy Committee (MPC) of India met for the first time since the Union Budget 2023 was delivered by the Indian Finance Minister, Nirmala Sitharman. The MPC meeting went from February 6th to February 8th, delivering the news of the repo rate hike by 0.25 basis points (BPS). This…
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Budget 2023: Compare New vs Old Tax Regime for Best Option
February 08, 2023
Finance Minister Nirmala Sitharaman has released the first Budget for Amrit Kaal 2023-24, which promises to be a budget like no other. While continuing the plans outlined in the previous Budget, Sitharaman outlines a plan for promoting sustained economic growth for the next 25 years as India aims to reach…
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Government Increasing PMAY Funds to INR 79,000 Crore in Budget 2023
February 03, 2023
Finance Minister of India, Nirmala Sitharaman, in her Union Budget 2023 speech, announced that the Pradhan Mantri Awas Yojana 2023 is being allocated funds worth INR79,000 crores. This 66% hike from the last year’s allocation of INR 48,000 crores is perceived as the Indian Government’s commitment to ensure the building…
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Budget 2023 Live Updates and Highlights
February 01, 2023
The major highlight of the Union Budget 2023 is the income tax rebate limit which has increased from Rs. 5 Lakhs to Rs. 7 Lakhs under the new tax regime. Finance Minister Nirmala Sitharaman has presented the Union Budget for 2023 today in Parliament today, which is said to be…
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