Funding
Dormant Bitcoin Whale prices rise 272,000%
As per the large cypto transaction monitoring tool Whale Alert, a cryptocurrency whale has recently moved the funds which had…
Funding
Banking
Income Tax Department to launch a new e-filing portal
On 7th June 2021, the Income Tax Department will launch a new e-filing portal. The new portal “www.incometax.gov.in” seeks to…
Banking
PNB to have a rise in profit of nearly RS 6,000 crores by the FY’22
Ongoing covid-19, the bank’s profit in flow over five times to Rs 2,022 crores during financial year ending March’21.
Banking
Bank of Baroda to set off ₹11,048 crore loss against share premium account
In order to set off the accumulated loss of around ₹11,048 crore against the share premium account of the Bank…
Economy
GST collection in May lower than April, nevertheless above ₹1 lakh crore
The Ministry of Finance released a statement on Saturday showing the revenue collected by the goods and services tax (GST).…
Finance
Dogecoin beats its established rivals in cryptocurrency market
In 2013 Dogecoin, the Shibu Inu-themed cryptocurrency began as a joke. In 2021, it surpasses its rivals, Bitcoin and Ether…
Banking
Banks get permission to sell Vijay Mallya’s properties to recover debts
The permission to sell certain real estate assets and securities of the fugitive business tycoon Vijay Mallya has been given…
Companies
Revenue drop observed by Paytm, reduces burns by 22%
An 11% shrink in the revenues was observed by IPO-bound One97 Communications ltd., the parent brand and owner of Paytm…
Policy
A “Final Notice” given to Twitter on Government’s digital rules
On Saturday, the government gave a last chance to Twitter for appointing India-based officers in order to follow the new…
Banking
PNB reports profit of Rs 586 crore in Q4 after massive jump in non interest income
The net NPA of PNB also witnessed a decline, falling from 5.78% in March 2020 quarter to 5.73% in the…
Banking
Bank of India reports fourth quarter profit
Against a net loss of ₹3,571 crore the previous year, the Bank of India (BOI) reported a standalone net profit…
Banking
Axis Bank planning to purchase Spandana Sphoorty
Axis Bank, one of the largest private sector Bank in India is reportedly in discussions to purchase Spandana Sphoorty. As…