24% increase in bonus amount paid out in FY24 versus FY23. (Representative image) Recently PNB MetLife announced a bonus of Rs 930 crore for eligible participating policyholders Tata AIA Life Insurance has declared a bonus of Rs 1,465 crores for participating (PAR) policyholders for the financial year 2024. The company said that the bonus payout…
Last Updated: June 19, 2024, 13:23 IST Shares of Paytm extended losses for a third straight session, falling up to 2.5 percent on June 19, with an Emkay note highlighting risk to customer traffic if a deal with Zomato for the movies and event ticketing business goes through. The domestic brokerage said the entertainment is…
The survey highlights the areas where more reforms are required. Marking the seven-year journey of GST, Deloitte India surveyed to capture India Inc.’s views on this transformational tax reform. About 84 percent of India Inc. has expressed strong support for the GST implementation and has called for progressive steps to take the regime to a…
The platform may be integrated with banking and financial data with customer data from Salesforce.(Photo: Reuters) Arundhati Bhattacharya, CEO and Chairperson of Salesforce India said growth potential here is huge, with rapid digital transformation unfolding all across. Salesforce on Wednesday announced the launch of its public sector division in India to tap into the booming…
Last Updated: June 19, 2024, 15:52 IST The hospitality industry is expected to add around 1 million jobs in the next few years as the sector is grappling with huge shortage of talent amid rapid expansion after the Covid-19 pandemic, say experts. The current demand-supply gap of talent in the industry stands at around 55-60…
Last Updated: June 19, 2024, 16:20 IST Air India on June 19 said it will launch premium economy class on select domestic routes from next month. As of now, Vistara is the only Indian carrier which offers premium economy-class travel category on its domestic routes. The Tata Group-owned airline said it has refitted two new…
With regard to savings accounts, interest earned up to Rs 10,000 is exempt from tax.(Representative image) State Bank of India Chairman Dinesh Kumar Khara has pitched for tax relief on interest income State Bank of India Chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner…
Finance Minister Nirmala Sitharaman In The Meeting On June 19 The full budget for 2024-25 is expected to be presented in Parliament in the second half of July. Union Budget 2024: Union minister for finance & corporate affairs, Nirmala Sitharaman, on Wednesday, chaired the first pre-budget consultation with India’s leading economists. This crucial meeting set…
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — Ratings agency Fitch no longer expects China to cut its policy rate this year, and has pushed back its expectations for a reduction to next year as the…
Among the top 7 cities, MMR is slated to see the highest completions at approx. 1,60,900 units in 2024. (Representative image) The top 7 cities are set to deliver approx. 5.31 lakh new units in 2024 while in 2023, these cities saw approx. 4.35 lakh units hit their markets. With more supply hitting the top…
