Every engineering project, whether a bridge, a power plant, or even a small manufacturing unit, comes with significant investments and many unknowns. Imagine this: a crane breaks down mid-installation, a sudden storm damages materials, or equipment stops working unexpectedly. Without proper cover, these events can lead to significant financial stress, delays, and headaches. Bajaj General […]
Category: Finance
GST 2.0: India’s new tax slabs come into effect from today. What gets cheaper?
The Indian government’s GST 2.0 came into force from Monday, marking a major change in the tax rates across good and services.
NPCI adds 13 banks to UPI–PayNow linkage, boosting India-Singapore transfers
With the new update, users in India can receive money in their accounts using any UPI-enabled app such as BHIM, Google Pay, PhonePe, or their respective banking apps.
RBI cuts key repo rate again to boost Indian economy amid US tariffs
The central bank also shifted its policy stance from “neutral” to “accommodative,” signaling the possibility of further rate cuts in the future.
Women’s Day 2025: ‘Women and Finance’ survey in India shows 90% of female rural entrepreneurs are diligent savers
The survey, conducted by Haqdarshak and DBS Bank India, has revealed that 100 per cent of respondents in Madhya Pradesh; 95 per cent in Maharashtra; and 73 per cent in Rajasthan set aside a portion of their income as savings.
IMF MD says Indian economy likely to be ‘a little weaker’ in 2025
Georgieva said she expects the Indian economy to be a little weaker in 2025. However, she did not explain it any further. The World Economy Outlook update week will have more details about it.
Indian rupee falls 10 paise, hit record low of 85.25 against USD in early trade
At the interbank foreign exchange, the rupee opened weak at 85.23 and slipped further to hit a life-time low of 85.25 against the greenback in initial deals, registering a loss of 10 paise against its previous closing level.
Rupee’s 12 paise tumble takes it to all-time low of 85.06 against USD in early trade
At the interbank foreign exchange, the rupee opened on a weak note and breached the crucial 85.00 level against the greenback.
Over 180,000 Singaporeans used ‘money lock’ feature to set aside SGD 15.8 billion
The Monetary Authority of Singapore has said over 181,000 customers have used the “money lock” security option as of Oct 31. It was introduced last year and is currently offered by DBS, OCBC, UOB, Citibank, HSBC, Maybank and Standard Chartered Bank.
Max Life Insurance survey reveals only 24 percent Indians confident of their savings lasting beyond 10 years post-retirement
As per the survey’s fourth edition, southern India (48) stands behind eastern India (54) and western India (49), as well as the national average of 49. This score, however, places the region at par with northern India.
