This shift comes with its challenges, notably high-interest rates that typically range between 10 per cent to 36 per cent per annum, depending on the borrower's credit history.
The government has decided to keep the interest rates unchanged for various small savings schemes for the second quarter of the financial year 2024-25, said the Ministry of Finance on Friday.
New Delhi [India], June 28:In today's fast-paced digital world, the way we handle money and transactions has transformed significantly. Among the most notable changes is the rise of mobile payments, which have revolutionized how consumers and businesses interact financially. Mobile payments
Singapore, June 28: Matrixport, Asia's largest one-stop financial services platform, announced its first private strategy trading competition on June 24th, 2024. A weekly trial will be held for four consecutive weeks, during which participants may share 3700 USDT each week, a limited quantit
ERAM is a significant step towards trade facilitation as the exchange rates of 22 currencies would now be published online in advance for ease of consumption by all importers and exporters, as per CBIC.
New Delhi [India], June 26: In response to record-breaking job market turnover rates, hiroscope.ai, a visionary force in recruitment technology, unveils its groundbreaking AI platform designed to streamline and enhance the hiring process for businesses worldwide. Launched in 2023, hiroscope
Data for Q1 2024 indicated that Dubai sustained its role as a top international tourism hub. The emirate's hotel occupancy rates stood at 83 per cent, equal to the previous year's figures, while the average duration of stay per visitor was almost unchanged at 3.9 nights, yet there was a 2 pe
In its 49th MPC meeting held between June 5 and 7, it was decided to maintain the status quo on key interest rates, reflecting a balanced approach towards sustaining economic growth while keeping inflation in check.
New Delhi [India], June 20: Janitri, a leading medtech company specialising in advanced pregnancy monitoring devices, has partnered with TechPAD, an IPE Global-led initiative that provides financial and technical support to scale up health technologies and innovations in India. Together, Jan
New Delhi [India], June 19: Over the last few years, there has been increasing consensus between industry experts and recruitment leaders that a whopping 90% of the country's B-School graduates are unemployable. Associated Chambers of Commerce and Industry of India (ASSOCHAM) elaborated that
Ahead of the 53rd Meeting of the Goods and Services Tax (GST) council on June 22, the Confederation of Indian Industries (CII) has urged for a GST structure with three rates and moderation of the current rates.
The main focus of the US economy has shifted to the 2024 presidential election, as central banks are cutting rates and politicians are spending more, creating optimism for the election year.