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The union government wage subsidy program created almost 33 lakhs of new jobs in the formal sector last year, including almost 11.5 lakhs of workers in the July-September quarter of the current fiscal year (FY22). Of the nearly 33 lakh recipients, at least 28.8 lakh are new employees, the remaining 4.18 lakh are workers who …
The associations of micro, small and medium-sized enterprises welcomed the introduction of the special program of capital grants linked to credit for the service sector. The technology update program was launched on November 19 by the Minister of Union for MSMEs, Narayan Rane. “The program will help meet the technology needs of service sector companies …
The center approved the construction of 3.61 lakh homes in 17 states and union territories under Pradhan mantri Awas Yojana (Urban), bringing the total number of sanctioned homes under the program to 1.14 crore, said the Ministry of Housing and urban development on November 24. A total of 3.61 lakhs of homes have been approved …
The banking sector is one of the most stable foundations of the Indian economy. It’s an interesting time now, with major developments impacting earnings, portfolio engagement, and opening up of new opportunities. Today’s customers want more personalization, relevance, and value engagement than ever before. Digital native fintechs are ready to seduce you with their innovative …
Shortly after the Prime Minister announced that the three controversial agricultural laws would be repealed in the winter session of Parliament, Samyukt Kisan Morcha, a coalition of 40 agricultural unions, called for the minimum subsidy price for all agricultural products to become a legal right for all farmers. This would ensure that each farmer is …
If inflation is forecast to be around 5.3% for the rest of the year, investors cannot ignore real rates: the nominal rate minus inflation. In the case of a one-year time deposit with a deposit of around 5%, the real interest rate is negative. After-tax performance looks worse. While long-term bond rates may be a …
A home loan balance transfer is the means of transferring an existing home loan to another lender at a lower interest rate and other benefits. It is very similar to a new home loan. When a borrower makes a balance transfer, their entire outstanding balance is transferred to the new account, where the new lender …
When shopping online or over the phone, you are often asked for your credit card CVV number, sometimes called a card security code. CVV is short for Card Verification Value and is an important security feature. What is a CVV credit card? CVV is a three or four-digit code that is printed on your credit …