7th Pay Commission: Crucial meet on DA, DR arrear benefits on Saturday, increased salary coming from July 1 | Personal Finance News

New Delhi: Lakhs of central government employees who have been eagerly waiting for hike in the Dearness Allowance (DA) will get revised salary from July 1. The government has already said in Parliament that their stalled dearness allowance (DA) and dearness relief (DR) will be resumed from 1 July 2021. Meanwhile, on the arrear front, a meeting between Central government servants' (CGS') representative...

Natural Gas: At 7-Month Price Highs, The ‘Heat’ Isn’t Letting Up

“Go ahead, pick a number,” seems to be the dare for gas bulls these days. prices have risen so much that, just three months ago, few could’ve imagined we’d be here.But here’s where we are, just off seven-month highs and within striking distance of $3.50 per mmBtu, or million metric British thermal units. At the March close, the energy commodity was at $2.60. Of course, this price of gas is...

Cases against fugitives, economic offenders to be actively pursued: FM | Economy News

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the government will actively pursue cases against economic offenders to bring back defrauded money of banks. The remark came soon after the Enforcement Directorate (ED) said the Debts Recovery Tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money...

Reliance AGM 2021 tomorrow: Jio customers await big surprises, check 5 things to know | Companies News

New Delhi: Reliance Industries Limited (RIL) is all set to host its 44th Annual General Meeting (AGM) on June 24 (Thursday), creating a buzz among Jio customers, company shareholders and investors.  RIL’s chief Mukesh Ambani is expected to come with a slew of announcements showing how the oil-to-telecom conglomerate is doubling down on its efforts to become a tech-first brand. Also Read: Twitter...

Chart Of The Day: American Airlines Crashing As Other Airline Stocks Take Off

The EU has finally lifted its ban on US travellers entering Europe, just ahead of the summer travel season. And after more than a year of lockdowns and restrictions, consumers are beyond eager to once again be on the move and get out of the house. With such a promising scenario, one would expect airlines and their respective stocks to be huge beneficiaries. However, American Airlines Group (NASDAQ:),...

Archegos Blowup May Spur Greater Bank Supervision, U.K. Regulator Says

(Bloomberg) -- The Bank of England’s top banking regulator said the $10 billion meltdown of Archegos Capital Management was “extraordinary” and may lead to supervisory fallout around the world. Sam Woods, head of the BOE’s Prudential (NYSE:) Regulation Authority, told U.K. lawmakers on Wednesday that British regulators’ probe into the collapse would likely conclude within the next...

Good news for housewives! No Income Tax scrutiny on cash deposits up to Rs 2.5 lakh post demonetisation | Personal Finance News

New Delhi: Cash deposits of up to Rs 2.5 lakh by housewives post demonetisation will not come under I-T scrutiny as the Income Tax Appellate Tribunal (ITAT) has held that such deposits cannot be treated as income of the assessee. Ruling on an appeal filed by an individual, the Agra bench of ITAT said the order would act as a precedent for all similar cases. The appellant, a housewife Uma Agrawal of...

Litecoin Jumps 24.45% In Rally

Investing.com - was trading at $133.480 by 18:54 (13:24 GMT) on the Investing.com Index on Wednesday, up 24.45% on the day. It was the largest one-day percentage gain since Monday, May 24, 2021. The move upwards pushed Litecoin's market cap up to $8.629B, or 0.63% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B. Litecoin had traded in a range of $115.589 to...

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