Author: Finance Khabar

Finance Desk – Truecaller, a company that helps identify who is calling you, has appointed Rishit Jhunjhunwala as its new boss. He will start his new job on January 9. Rishit has been working with Truecaller since 2015 and is currently in charge of the company’s products and operations in India. This announcement comes as the company’s founders, Alan Mamedi and Nami Zarringhalam, plan to stop handling daily tasks by mid-2025 to focus more on big-picture strategies from their positions on the board. Rishit has been important to Truecaller, starting as the head of products in 2015, becoming the chief…

Finance Desk – The government’s Enforcement Directorate (ED) searched 19 places linked to some big sellers on Amazon and Flipkart in cities like Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula. They are checking if these sellers broke rules about foreign companies in India. The searches are part of an investigation that began because of complaints that Amazon and Flipkart were not following foreign investment rules. These companies are accused of setting unfair prices and favoring some sellers over others, which could harm other sellers and small shops. The ED focused on the sellers using these platforms, not the offices of Amazon…

Finance Desk – This list encompasses all Sundays as well as the second and fourth Saturdays. November 1 (Friday) – Banks in several states like Tripura, Karnataka, and Maharashtra will be closed for festivals like Deepavali and Kannada Rajyotsava. November 2 (Saturday) – Banks in Gujarat, Maharashtra, Karnataka, and a few other states will close for Diwali celebrations. November 3 (Sunday) – All banks across India will be closed as it’s a Sunday. November 7 (Thursday) – Banks in Bengal, Bihar, and Jharkhand will be closed due to Chhath Puja. November 8 (Friday) – Banks in Bihar, Jharkhand, and Meghalaya…

Finance Desk – Sagility India, a healthcare services company in Bengaluru, is about to start its public stock sale, known as an IPO, on November 5. Before this sale, its parent company sold shares for ₹366 crore to prepare for the IPO. They sold these shares at ₹30 each, which is the maximum price they hope to get when the IPO starts. They’re looking to raise ₹2,107 crore in total from this IPO. Here’s the plan: The IPO is just selling shares that already exist, not creating new ones. This means the original owners are selling some of their shares…

Free of cost solution with automatic activation for Airtel customers on all devices Meerut : Bharti Airtel through its AI-powered spam detection solution has given much-needed relief to its customers in Uttar Pradesh. In the last 7 days since its launch, the system, a first-of-its-kind solution by a telecom service provider, has been able to successfully identify potential 112 million spam calls and 6 lakh spam SMS in Uttar Pradesh. The solution, which is free of cost, has been auto activated for all Airtel customers without them having to raise a service request or download an app. Commenting on the…

AI solution processes 1 trillion records on a real time basis. Flags 100 million spam calls and 3 million SMSes every day New Delhi, September 25, 2024: In a pioneering move to curb the country’s spam menace, Bharti Airtel (“Airtel”), today, launched India’s first network-based, AI-powered spam detection solution that will significantly solve the issue of spam calls and messages for its customers. A first-of-its-kind solution by a telecom service provider in the country, the tool will alert customers in real-time to all suspected spam calls and SMSes. The solution is free of cost and will get auto-activated for all Airtel customers…

Finance Desk – Prime Minister Narendra Modi met with big tech company leaders in the US. He talked about how India is doing well in technology and its plans for even more growth. Modi focused on how artificial intelligence, or AI, can help improve health, education, and farming in India. Google’s CEO, Sundar Pichai, said that Modi encouraged them to work more in India and use AI to help people there. Pichai also said that Google is investing a lot in AI in India and is excited about what they can do together. The meeting covered topics like AI, computer…

Finance Desk – On Monday, India’s main stock markets, the Sensex and the Nifty, reached new highest points thanks to good performances in other parts of the world’s markets. By 10:00 AM, the Sensex had gone up by 270 points to 84,815. The Nifty also rose, up by 115 points to 25,906. These gains continue from last Friday when both the Sensex and the Nifty grew by about 1%. The Sensex ended the day up 1,360 points at 84,544.31, and the Nifty reached a new high before ending the day at 25,791, up 375 points. Jatin Gedia from Sharekhan explained…

Finance Desk – Finance Minister Nirmala Sitharaman has launched a new savings plan called NPS Vatsalya, specially designed for children. This plan helps families start saving early for their children’s future. What is NPS Vatsalya? It’s a part of the National Pension System but for kids under 18. Parents or guardians can open this pension account for their children. How does it work? Where can you open an account? You can open an account at: What do you need to open an account? Choices for investing: How to withdraw the money: ( Image/Pixabay)

Finance Desk – The GST Council has created a special team to review the tax rates on health and life insurance. This team, made up of 13 members, will share their recommendations by October 30. Currently, insurance premiums are taxed at 18%. Led by Bihar’s Deputy Chief Minister Samrat Choudhary, the team includes representatives from various states like Uttar Pradesh, Rajasthan, and West Bengal. They will consider how much tax should be charged on different types of insurance. Some states suggest removing the tax on insurance completely to make it cheaper, while others suggest reducing the tax to 5%. The…

Bajaj Housing Finance shares kicked off their first day on the stock market at Rs 150 each, way higher than their initial price of Rs 70. This strong start pushed the company’s value over Rs 1 lakh crore. Last week, people showed huge interest in buying these shares, placing orders worth Rs 3.23 lakh crore. Experts say the company is doing well and could bring more profits to those who bought shares. The money from these shares will help the company grow stronger. Bajaj Housing Finance, which began in 2015, helps people get loans to buy and fix up homes…

Finance Desk – Personal loans are a great way to get money for things like medical emergencies, buying something big, or even a vacation. If your monthly salary is ₹30,000, you might be wondering how much personal loan you can get. Let’s understand it. What Do Banks Look at Before Giving You a Loan? Your Monthly Salary: The more you earn, the bigger loan you can get. In this case, we’re looking at ₹30,000 per month. Credit Score: This is a number that shows how well you have paid off loans or credit cards in the past. If your score…

Lucknow, India, September 11, 2024 – Western Digital® today showcased a range of ‘SanDisk® Mobile Pen Drive’ offerings, from its award-winning SanDisk brand, designed to satisfy consumers’ needs for storage both at home and on-the-go at an event in Lucknow. In a world of pixelated memories and digitalized experiences, the need for more space remains constant. Whether documenting a child’s first steps, clicking selfies, or backing up a carefully curated music library, these new solutions are built for capturing, storing, and preserving life’s journeys. The company also introduced affordable SanDisk Mobile Pen Drives, available in vibrant colors such as Nasturtium Orange,…

Lucknow, 09th September: Advancing its focus on strengthening scientific capabilities to provide cutting-edge, next-generation support in health and wellbeing, Amway, a global company, today formally introduced its four state-of-the-art Research & Development (R&D) labs across India with an investment of $4 million. By harnessing advanced technology, contemporary science and thought leadership, these labs are poised to redefine industry standards by developing safe, effective, differentiated and high-quality health and wellbeing products with the aim to support people in India and around the world. India is the location of one of the four Amway R&D hubs, worldwide. This strategic move is in line with Amway’s…

Finance Desk – Here’s what’s on the agenda for the GST Council meeting: Health and Life Insurance: The Council might lower the tax on these insurances, making them cheaper to buy. Support for Older Adults: They’re thinking about reducing insurance costs for seniors. Online Gaming Taxes: They’re checking how much money they’ve made from taxing online games since increasing the tax last year. Stopping Fake Registrations: They’re working to stop fake registrations that cheat the system, and they’ll discuss how well they’re doing. Fixing Past Mistakes: The Council will talk about forgiving some past tax errors if people pay what…

Finance Desk – A new report explains what Indian banks should focus on to help the country grow its economy to $30 trillion by 2047. Build Stronger Banks: Banks need a lot of money to support big projects that will help the economy grow. Right now, banks are doing well, so it’s a good time for them to aim higher. Save Smarter: More people are putting their money in banks and investing in the stock market. Banks should offer new saving options and teach people how to save and invest better. Give Better Loans: Banks should be careful about the…

Finance Desk – SpiceJet, an airline in India, is having a tough time with money problems and other issues. Ajay Singh, who leads the company, is thinking about selling more than 10% of his shares in SpiceJet to get some money. This could even go up to 15% if things work out well. They are planning to get as much as Rs 2,000 crore from big investors by the end of September. This money will help fix planes that aren’t flying and pay off some debts. Right now, Ajay Singh and his team own a bit over 47% of SpiceJet.…

Finance Desk – An NRI living in London bought two flats from Godrej Properties but ended up in trouble when asked to pay most of the money sooner than planned. When the NRI couldn’t pay on time, Godrej canceled the flat bookings and didn’t return the money. This led the NRI to take the issue to court. The court found that Godrej sold the flats to someone else for more money and hadn’t followed the right steps in canceling the original booking. The Maharashtra Real Estate Regulatory Authority (MahaRERA) decided that Godrej should return the money because they didn’t cancel…

Finance Desk – Studying stock market charts might seem hard at first, but anyone can learn it with the right steps. Stock charts show how a stock’s price changes over time. They help you understand when to buy or sell stocks. What Are Stock Market Charts? Stock market charts show the price changes of a stock over a certain period. The Y-axis (vertical line) shows the price of the stock, and the X-axis (horizontal line) shows the time. You can look at charts for different times, like daily, weekly, or monthly. Different Types of Stock Charts There are several types…

Finance Desk – During a lively podcast conversation, investment guru Nikhil Kamath shared some valuable tips with rapper Badshah on smart investing. Badshah, curious about where to invest Rs 3 crore, got some savvy advice from Kamath. Kamath suggested putting money into the renewable energy sector, like solar energy companies, electric vehicle makers, and battery manufacturers. He explained that as the world shifts away from fossil fuels, this sector is set to grow, boosted by government incentives. He also advised being cautious about entering crowded markets and recommended choosing industries that are expected to expand significantly over the next decade.…