Author: Finance Khabar
Data from Indian Cyber Crime Coordination Center shows remarkable impact Meerut : Bharti Airtel today announced that its anti-fraud initiatives have resulted in a significant decline in cybercrime complaints, and that this has been further endorsed by recent information from the Indian Cyber Crime Coordination Centre (I4C) — Ministry of Home Affairs (MHA). Commenting on the initiative, Gopal Vittal, Vice Chairman and Managing Director, Bharti Airtel, said, “We are on a mission of eliminating Spam and financial frauds for our customers. In the past one year, our AI-powered network solutions have identified over 48.3 billion spam calls and blocked 3.2 lakhs…
Finance Desk – The Income Tax Department has extended the deadline for filing income tax returns (ITRs) for AY 2025–26 by one day, until September 16, 2025. The extension came after many taxpayers faced technical issues on the e-filing portal, including login failures and submission errors, during the last-minute rush. Record Filings Despite Glitches Last year, 7.28 crore ITRs were filed till the deadline of July 31. This year, filings have already crossed 7.3 crore (provisional numbers), with one more day still left. The steady rise shows better compliance and awareness among taxpayers, though portal slowdowns frustrated many users. Why…
Finance Desk – Indian regulators are delaying full cryptocurrency rules because they fear regulation might make digital assets look legitimate and create big risks for the financial system, according to a Reuters report citing official documents. The Reserve Bank of India (RBI) believes that managing crypto risks through regulation would be difficult. The documents say that while a total ban could address the dangers of speculative crypto trading, it would not stop peer-to-peer transfers or transactions on decentralised exchanges. At present, India has no comprehensive crypto law, but there are restrictions. The government charges a 30% tax on profits from…
Punjab, 5th September, 2025: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, expresses its deepest condolences to the families affected by the tragic floods in Punjab recently. In response to this unforeseen natural calamity, the Company has activated special measures to assist families of its affected policyholders. Understanding the immense challenges faced by the affected families during this difficult time, Bajaj Allianz Life Insurance has established a dedicated special claims settlement desk to prioritize the processing of death and disability claims for its customers impacted due to the floods. With utmost urgency, an expeditious process has been…
Finance Desk – The GST Council, headed by Finance Minister Nirmala Sitharaman, has announced that 18% GST on health and life insurance premiums will be completely removed from September 22, 2025. Prime Minister Narendra Modi called it a “Diwali gift” for policyholders. At first glance, the move should make insurance cheaper if your premium is ₹100, you’ll now pay ₹100 instead of ₹118 (which included GST). All individual policies like term plans, family floater health insurance, and ULIPs will benefit from this exemption. However, experts warn the reality may be different. Earlier, insurance companies could claim Input Tax Credit (ITC)…
Finance Desk – The Securities and Exchange Board of India (SEBI) has announced fresh rules to monitor intraday positions in equity derivatives, effective from October 1, 2025. The move comes after SEBI temporarily banned U.S. high-frequency trading firm Jane Street from Indian markets, alleging that some of its trading strategies were manipulative and harmed retail investors. Key Changes in the New Rules Intraday Net Position Limit: Capped at ₹5,000 crore per entity in index options, compared to the current end-of-day limit of ₹1,500 crore. Gross Intraday Exposure: Limited to ₹10,000 crore, calculated separately for long and short positions. Monitoring: Stock…
Finance Desk – Sugar stocks rallied sharply in early trade on Tuesday, with some surging as much as 20%, after the government removed restrictions on ethanol production. Under the new rules for the Ethanol Supply Year 2025-26, sugar mills and distilleries can now produce ethanol from sugarcane juice, sugar syrup, B-heavy molasses, and C-heavy molasses without any limits. This move is part of the government’s push to promote ethanol blending in fuel while ensuring there’s enough sugar available for domestic consumption. Rajshree Sugars & Chemicals led the rally, jumping the most, followed by Shree Renuka Sugars and Dhampur Sugar Mills,…
New Delhi, 1st September ’25: Amid increasing consumer concerns over the safety and authenticity of nutrition products available in market today, Amway India, one of the leading companies supporting health and wellbeing, recently announced to have received National Forensic Sciences University (NFSU) – Nutritional Supplementation Testing for Sportspersons (NSTS) trusted recognition under its prestigious Trusted Certification Program for its key supplements from its flagship brand Nutrilite. This recognition reinforces Amway’s unwavering commitment to offering high-quality, safe, and scientifically backed nutrition products, endorsing five key products – Nutrilite All Plant Protein, Nutrilite Cal Mag D Plus K2, Nutrilite Glucosamine HCL with…
Shop for your festival wants affordably with a smart buying option like the Bajaj Finserv Insta EMI Card. Choose an EMI tenure that fits your monthly budget and buy your new iPhone 16 Pro with complete confidence. Make this festival season all the more special by capturing forever memories on your new iPhone 16 Pro. Sounds like a dream? You can make it come true without breaking your bank with the Bajaj Finserv Insta EMI Card. Festival seasons are perfect for shopping thanks to smart deals, price drops, and exchange offers that reduce the actual cost. With the Bajaj Finserv…
Finance Desk – The Reserve Bank of India (RBI) has told Indian banks to closely monitor funds that might be coming indirectly from Pakistan, warning there is a “high risk” such money could be used to buy arms. Direct transfers from Pakistan to India are already heavily restricted and need RBI approval. However, a government source told Reuters that investigations found some Pakistani nationals were sending money via third countries to bypass the rules. The RBI’s directive, issued on August 6, follows a four-day military clash between India and Pakistan in May. It is rare for the central bank to…
Finance Desk – US President Donald Trump is moving ahead with plans to impose a 50% tariff on Indian goods, starting August 27, 2025, as part of his strategy to pressure Russia over its war in Ukraine. A draft notice from the US Department of Homeland Security says the higher tariffs will apply to Indian goods entering or withdrawn from warehouses after 12:01 am Eastern Daylight Time on August 27 (9:30 am IST). Earlier this month, Trump announced he would double tariffs on Indian imports from 25% to 50% because India continues to buy Russian oil. The US says the…
Finance Desk – The Indian rupee fell slightly by 3 paise to 87.16 against the US dollar in early trade on Wednesday. This drop came as other Asian currencies weakened and Indian stock markets also showed a negative trend. Traders said investors are being cautious because of possible talks between Russia and Ukraine and are also waiting for US Federal Reserve Chief Jerome Powell’s speech at the Jackson Hole Symposium later this week. At the currency market, the rupee opened at 87.16, compared to Tuesday’s close of 87.13. It touched a high of 87.10 in the early session. On Tuesday,…
Finance Desk – The proposed Online Gaming Bill, which is likely to be presented in Parliament today, has caused major worry in the gaming industry. Three major industry bodies All India Gaming Federation (AIGF), E-Gaming Federation (EGF), and Federation of Indian Fantasy Sports (FIFS) have written to Union Home Minister Amit Shah, asking him to step in and review the Bill. They warned that if the Bill passes in its current form, millions of genuine players could be pushed towards illegal and unsafe platforms. The industry says this could be the “death knell” for a sector that creates jobs and…
Finance Desk – India’s microfinance sector has asked the government for credit guarantee support worth up to ₹2 lakh crore ($2.2 billion) to help revive loan growth amid rising borrowing costs. The Microfinance Industry Network (MFIN) has requested the union government to provide up to 75% default guarantee on bank loans to microfinance institutions (MFIs). This would allow banks to lower interest rates for MFIs, who could then pass on the benefit to low-income borrowers. Microfinance loans small, collateral-free loans of just over $2,000—are given to people or groups who do not have access to traditional banking. According to MFIN…
Finance Desk – The US stock market moved closer to record highs on Tuesday after new data showed that inflation in July was slightly lower than expected. This has fueled hopes that the Federal Reserve may cut interest rates in September. Lower interest rates would make it cheaper for people and businesses to borrow money for things like homes, cars, and equipment something President Donald Trump has been pushing for. He has repeatedly criticised Fed Chair Jerome Powell for delaying rate cuts. The Federal Reserve, however, has been cautious, concerned that Trump’s tariffs could push prices higher. On Tuesday, the…
Finance Desk – The State Bank of India (SBI) has announced 5,583 vacancies for the post of Junior Associates (Customer Service & Support) across the country. Interested candidates can apply online from August 6 to August 26, 2025. This new recruitment drive comes after SBI recently hired 505 Probationary Officers and 13,455 Junior Associates. The bank is aiming to improve customer service and strengthen its network across India through this fresh round of hiring. SBI said the selected candidates will get a chance to work across its wide network of branches and offices, offering a strong start to their careers…
Finance Desk – Even though US President Donald Trump has taken a tough stand on tariffs with India, his real estate brand is growing rapidly in the country. In fact, India is now set to become the largest market for Trump-branded properties outside the United States. From 3 Million to 11 Million Sq Ft Since the first Trump project launched in India in 2012, the brand has expanded fast. Till last year, Trump properties covered about 3 million square feet. But once all current and upcoming projects are completed, that number is expected to grow to 11 million square feet,…
Meerut, 4th August 2025: To raise awareness about reproductive health and the growing impact of lifestyle on men’s and women’s fertility health, Motherhood Fertility & IVF, Noida, organized a Mega IVF Screening & Counseling Camp at Tim Buk Too Hotel in the city. The initiative witnessed an overwhelming response, with over XX couples turning up to seek fertility advice, undergo screening, and understand their reproductive health better. For many, it was their first time speaking to a specialist or even considering that common lifestyle habits could be affecting their ability to conceive. Modern-day stress, poor diet, irregular sleep, consumption of alcohol or tobacco, smoking, late…
Meerut : Xtelify, a fully-owned subsidiary of Bharti Airtel (‘Airtel’) housing all of Airtel’s digital assets and capabilities, today launched a sovereign, telco-grade cloud platform – ‘Airtel Cloud’. Tailored to handle 140 crore transactions per minute for Airtel’s own use in India, this sovereign cloud platform is now being extended to meet the ever-evolving needs of businesses in India. Hosted on next-gen sustainable data centres, with Gen-AI based provisioning, and managed by 300 certified cloud experts, the highly secure and reliable Airtel Cloud offers IaaS, PaaS and advanced connectivity and guarantees secure migration, effortless scaling, lower costs and no vendor lock-ins.…
Jaguar Land Rover owner announces all-cash offer to buy Italy-based truckmaker Finance Desk – Tata Motors has announced its biggest-ever acquisition a €3.82 billion (₹33,360 crore) all-cash deal to buy Italian truckmaker Iveco S.p.A. The deal, valued at €14.10 per share, involves acquiring all 27.2 crore outstanding shares of Iveco. The acquisition will be done through a new company fully owned by TML CV Holding Pte. Ltd., a Singapore-based arm of Tata Motors. This marks Tata Motors’ largest global deal so far, surpassing its 2008 purchase of Jaguar Land Rover for $2.3 billion. The company plans to delist Iveco from…