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At a time when banks are aggressively growing their housing loan portfolios with lower rates and balance transfers from non-bank lenders, housing finance companies (HFCs) have reprised their long-standing request to levy foreclosure charges for such transfers. They believe that the inability to levy a fee for balance transfers makes it difficult to recover the cost of acquiring a...

The Union Food Ministry on Tuesday said that a total quantity of 427.363 lakh ton wheat has been estimated for procurement during the forthcoming RMS 2021-22 which is 9.56 per cent more than the 389.93 LMT procured during RMS 2020-21 which will be a fresh record. Madhya Pradesh, where the arrival of the fresh crop has already begun and procurement...

Previous year was a disaster to the world economy as its stop the revenue-expenditure cycle and the one sector that was the hard hit was Real Estate. According to a report by real estate consulting firm JLL, the Indian real estate sector unsold inventory The unsold inventory rose from 4,42,228 units in Q4 2019 to 4,55,351 in Q1 of...

Google has announced that it is adding three new Motorola phones to its list of devices available on its Fi phone service. The service is adding three new Motorola phones: the One 5G Ace, Moto G Power (2021), and Moto G Play (2021). ''We are adding three new Motorola phones to the list of phones available on Google Fi: the...

The traders' body has been raising concerns for some time now over the arbitrariness of the tax regime. It has also called for a traders' strike on February 26. In a statement on Sunday, CAIT said that the call of "Bharat Vyapar Bandh" (nationwide traders strike) against "draconian and arbitrary provisions" of GST has received tremendous response across the...

State-owned Oil and Natural Gas Corporation (ONGC) posted a 67.4 per cent year-on-year decline in standalone profit to Rs 1,378 crore in the third quarter of the current financial year. The standalone net profit stood at Rs 4,226 crore in the year-ago period. According to the company's regulatory filing to BSE, the company's standalone revenue from operations slipped 28 per cent in the...

Myanmar military television said Monday that the military was taking control of the country for one year, while reports said many of the country’s senior politicians including Aung San Suu Kyi had been detained. An presenter on military-owned Myawaddy TV made the announcement and cited a section of the military-drafted constitution that allows the military to take control in times...

Ananya Panday has her heart in Maldives. The actress, who ushered in 2021 in the island nation, has been sharing throwbacks from the place on her Instagram profile. On Saturday night, she delighted her Instafam by posting a video, in which she can be seen chilling in the blue waters of Maldives. She summed up her current state of...

E-commerce giant Amazon India signed an agreement with Karnataka MSMEs on Thursday. This collaboration will help to increase its exports on global selling platform. "The agreement will enable Amazon to train and onboard MSMEs across the state on its global selling platform for driving their exports to customers in 200 countries the world over," said the US-based company's Indian subsidiary...

NOVEL APP PROVIDES RELEVANT INFORMATION AND HELPS FARMERS IN OPTIMISING FARMING PRACTICES OFFERS A ONE-STOP SHOP TO ALL CROP INSURANCE RELATED NEEDS GUIDES FARMERS ON WEATHER, TECHNOLOGY, MARKET AND CROP PRICES MUMBAI January 28, 2021: Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today launched its...