Archives 27/10/2021

Stock Markets

Whatsapp Scrambles As Users In Massive Indian Market Fret Over Privacy

It is prohibited to make use of, store, reproduce, show, modify, transmit or distribute the info contained on this website without the explicit prior written permission of Fusion Media and/or the data supplier. All mental property rights are reserved by the providers and/or the exchange offering the information contained in this web site. Uncertainty about the consequence of the race has weighed on share prices in latest weeks. How Jack Ma’s clash with the Chinese authorities stopped the biggest-ever share market debut.

And shopper services have the slowest inflation rate since 2011. Petco IPO’s exceeds expectations, elevating $864 million. “The Nathan River Resources’ Roper Bar Iron Ore Operation has benefitted from the greater than 50% run-up in iron ore costs throughout 2020,” Robin Young highlighted.

  • Aggregate financing to the actual economy is up in China.
  • And consumer companies have

5 Things You Must Know About Current Accounts

Banks in India operate different types of accounts for their diverse clientele. One such popular account is the current account. A current account is a kind of deposit account, which can be maintained only by a bank. A current account is meant specifically for individuals who carry out business and have to deal with huge transactions with their bank regularly. It is a liquid deposit, offering varied, personalized options for the account holder to help with their finances.

Compared to a savings account, a current account provides higher monthly transaction limits on cash deposits or withdrawals, both within and outside city limits. However, a current account needs a higher minimum balance to be maintained compared to a savings account. Being a liquid account, a current account does not provide interest and is always available to the account holder.  Also, banks provide a larger volume cheque facility for their customers to …

How has GST affected life insurance plans in India?

People usually avail of life insurance plans to protect their family from financial adversities in the event of a mishap. But what is life insurance? Life insurance ensures that the family of the insured person gets the sum assured after in case of their untimely demise. In most cases, it also provides financial protection in case of permanent disability. However, with the introduction of GST, certain changes were observed in almost every sector. The insurance sector is no exception. Let’s take a look at the changes in life insurance plans due to GST implementation.

GST norms for life insurance plans

Since its announcement, the Goods and Services Tax, or GST, has been the subject of much debate in India. This is because almost every industry in the country has been influenced in some way by the implementation of GST and its associated rules. The rate of GST applicable on …