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UPI has achieved a record 15,547 crore transactions worth Rs 223 lakh crore between January and November 2024, as per the Ministry of Finance. Launched in 2016, UPI has transformed India’s payment ecosystem, offering safe, quick, and easy transactions. The system’s global reach includes countries like France, UAE, and Singapore, while also expanding credit access […]
Maggi prices could rise starting January 1, 2025, due to Switzerland’s decision to remove India’s Most Favored Nation (MFN) status. This will impact Swiss companies like Nestle, which may face higher taxes on Indian income. If Nestle’s tax burden increases, the company could raise prices, including for Maggi. Switzerland claims India has not reciprocated favorable […]
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1000, ★ Mumbai – ₹925, ★ Delhi – ₹925, ★ Kolkata – ₹925, ★ Bangalore – ₹925, ★ Hyderabad ₹1000, ★ Kerala – ₹1000, ★ Pune – ₹925, ★ Ahmedabad – ₹925, ★ Jaipur – ₹925, ★ Lucknow – […]
Here are the 22-karat gold prices per 10 grams today in the top cities in India. ★Chennai: ₹71,400, ★Mumbai: ₹71,400, ★Delhi: ₹71,550, ★Kolkata: ₹71,400, ★Bangalore: ₹71,400, ★HYD: ₹71,400, ★Ahmedabad: ₹71,450, ★Jaipur: ₹71,550, ★Lucknow: ₹71,550, ★Vijayawada: ₹71,400, ★Patna: ₹71,450, ★Nagpur: ₹71,400, ★Chandigarh: ₹71,550, and ★Bhubaneswar: ₹71,400.
Here are the prices of CNG cylinders per kg today in the top cities in India. ★New Delhi: ₹75.09, ★Rewari: ₹79.70, ★Sonipat: ₹85.10, ★Bangalore: ₹86.85, ★Bharatpur: ₹93.60, ★Dewas: ₹96, ★Firozabad: ₹93, ★Hyderabad: ₹96, ★Mathura: ₹93.60, ★Meerut: ₹83, ★Mumbai: ₹77, ★NCR: ₹75.09, ★Vijayawada: ₹89, ★Ranchi: ₹87.15, and ★Thiruvananthapuram: ₹88.
Here are the prices of domestic LPG cylinders today in the top cities in India. ★Delhi: ₹803, ★Kolkata: ₹829, ★Mumbai: ₹802.50, ★Chennai: ₹818.50, ★Bangalore: ₹805.50, ★Bhubaneswar: ₹829, ★Chandigarh: ₹812.50, ★HYD: ₹855, ★Jaipur: ₹806.50, ★Lucknow: ₹840.50, ★Patna: ₹892.50, ★Trivandrum: ₹812, ★Nagpur: ₹854.50, ★Tirupati: ₹839, and ★Vizag: ₹811.
The central govt stated that UPI transactions worth ₹15,547 crore were completed in the last 11 months, with a total value of ₹223 lakh crore. It is mentioned that UPI services are already available in countries such as the UAE, Singapore, France, Bhutan, Nepal, and Sri Lanka. Notably, transactions worth ₹23.49 crore were held in […]
Switzerland revoked India’s Most Favoured Nation (MFN) status under the Double Taxation Avoidance Agreement following a 2023 Supreme Court ruling on the Nestle case. The decision increases dividend tax rates from 5% to 10% starting January 2025, impacting Indian firms operating in Switzerland. Experts view this move as retaliation, highlighting challenges in international tax treaties.
To avoid Income Tax scrutiny, keep cash deposits or withdrawals in a savings account under Rs 10 lakh per year. Daily cash transactions exceeding Rs 2 lakh are prohibited. High-value transactions over Rs 10 lakh must be reported to the Income Tax Department. Cash deposits of Rs 50,000 or more in one day require PAN. […]
Elon Musk and Jeff Bezos dominate global wealth, with a combined worth of $690 billion. Musk, with $442 billion, is the world’s richest, while Bezos holds $248 billion. Musk’s wealth surged after his political support for Donald Trump, while Bezos added $72.1 billion in 2024. Meta’s Mark Zuckerberg, at $224 billion, ranks third, followed by […]
Hackers exploited Myntra’s refund system to steal Rs 50 crore between March and June. Scammers placed fake orders for high-end items, then falsely claimed missing products to secure refunds. Myntra filed a complaint for Rs 1.1 crore in Bengaluru, and investigations point to a group in Jaipur. In response, Myntra’s parent company, Walmart, plans to […]
Tata Play Fiber has rolled out high-speed plans offering up to 100Mbps and free OTT access, competing with Airtel and Jio. The plans, available in one to twelve-month options, include free access to platforms like Apple TV+ and Disney+ Hotstar. Prices start at Rs 750/month for a 12-month commitment. The Mega Plan, at Rs 950/month, […]
Ambuja Cements, part of the Adani Group, announced the commissioning of a 200 MW solar power project in Khavda, Gujarat, to supply green power to 20 cement plants. The project is part of Adani Cements’ goal to achieve 1 GW of renewable power through solar, wind, and 376 MW from Waste Heat Recovery Systems, with […]
Passenger vehicle sales in India reached a record 3.48 lakh units in November, marking a 4.1% growth compared to the previous year, according to SIAM data. Despite Diwali not falling in November, two-wheeler sales crossed 16 lakh units for the first time in a non-Diwali November. Total automobile production in November 2024 was 24,07,351 units.
The Sensex and Nifty opened at fresh record levels in early trade today, December 13, 2024. The Sensex started trading today at 81212.45, down 77.51 points or 0.10%, and the Nifty was at 24498.35, down 50.35 points or 0.21%. Meanwhile, the Indian rupee was trading today at 84.85 against the dollar.