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Source: Live Mint Unexpected costs can arise at any time, as life is full of surprises. Sometimes, especially if you’re self-employed, a freelancer, or experiencing a brief gap in income, it’s not possible to provide traditional proof of income. While it may be challenging, obtaining a personal loan without income verification is not impossible. In…
Source: Live Mint A loan moratorium is a period during which debtors are protected from having to pay Equated Monthly Instalments (EMIs) and other repayments. It temporarily suspends the repayment of a loan. However, the specific terms of a loan moratorium can vary significantly depending on the lender, the type of loan, and the circumstances…
Source: Live Mint Devina Mehra, the founder of First Global, offered a strong critique of the idea of working long hours, such as 90 hours a week, saying in a social media post, “This type of recommendation of working for ‘nation-building’ or ‘company building’ is bunkum.” Her comments came following a statement by Larsen and…
Source: Live Mint The Association of Mutual Funds in India (Amfi) recently released the updated half-yearly data on market capitalization classifications for listed stocks. As defined by the Securities and Exchange Board of India (Sebi), largecaps are the top 100 companies by market capitalization, midcaps are ranked 101 to 250, and smallcaps are those ranked…
Source: Live Mint (Bloomberg) — Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that further restrictions on imports from Russia and Iran may crimp access to supplies. This week, two Indian state refiners bought up to 6 million barrels of Oman and Abu Dhabi’s…
Source: Live Mint MUMBAI, Jan 10 (Reuters) – India’s rice stocks hit a record high at the start of January, reaching eight times the government’s target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages. Higher rice stocks would enable the world’s biggest exporter of the…
Source: Live Mint The GST portal has been facing issues related to filing GSTR-1. On Thursday, GST Network posted an update on X, highlighting the problem. A message on GST Network’s social media handle, GST Tech, reads: “GSTN hereby acknowledges the issue being faced regarding GSTR-1 summary generation and its filing. It is to inform…
Source: Live Mint Vodafone Idea has used fund infusion from its global parent Vodafone Plc, to repay outstanding Master Service Agreement Dues (MSA) to Indus Towers. Vodafone Idea shares declined 3.4% on Friday. In a filing to the London Stock Exchange on January 10, Vodafone Plc said that the obligations to Indus Towers under the…
Source: Live Mint Days before MahaKumbh Mela 2025, the digital wallet and payment app Phone Pe, in collaboration with ICICI Lombard General Insurance company, has launched a ‘first-of-its-kind’ insurance policy for devotees. The insurance will be offered in two variants: ₹59 per person for those travelling by bus or train and ₹99 per person for…
Source: Live Mint Despite an over 17 percent decline in the last 1 year, global brokerage house Goldman Sachs has stated that the recent sell-off in Reliance Industries Ltd. (RIL) shares is “overdone,” with the stock price now nearing its “bear case” valuation. The brokerage firm reiterated its “buy” rating on RIL while reducing its…
