KYC or Know Your Customer is a process through which a bank or institution verifies the identity and address of a person. The government has made KYC mandatory for most online services – whether you want to open a bank account, mobile connection, stock market, mutual fund or depositories. Everywhere, you have to go through the process of KYC. If you do not complete this process, your work will get…

Lucknow: In the new year, Chief Minister Yogi Adityanath has given a big gift to the farmers of Uttar Pradesh. From the current month, electricity bills for the use of metered, unmetered, energy efficient pumps in rural areas and metered tube wells in urban areas will be halved as compared to the present. According to estimates, this new system of rebate in electricity bill will bring an additional financial burden…

As India is witnessing a surge in cases of Omicron variant, Hyderabad-based Bharat Biotech, on Wednesday, was approved to conduct late-stage trials of its nasal COVID-19 vaccine to be used as a booster shot. The vaccine maker submitted the late-stage trial application to the Drugs Controller General of India (DCGI) in December, adding that an intranasal vaccine as a booster dose will be easier to administer in mass vaccination campaigns….

E-tailers Amazon, Flipkart’s revenues and profits have witnessed a significant jump in FY21 as online shopping turned mainstream with COVID-19 impacting the physical retail industry of India. Data sourced from business intelligence firm Tofler indicated that Amazon Seller Services India and Amazon Wholesale reported a surge in profits despite the regulatory crackdown and legal tussles the e-commerce giant is entangled in. The revenues of Amazon Seller Services, as per Tofler,…

New Delhi: India’s largest lender State Bank of India (SBI) has enhanced the limit on IMPS transactions from Rs 2 lakh upto Rs 5 lakh. Though the bank will charge customers along with GST on IMPS through bank branches from next month, there will be nil charges on transactions through Digital Channels, said SBI. “In an aim to encourage customers to adopt digital banking, SBI has not levied any Service…

EPFO Latest News, PF Money update: EPFO ​​has deposited interest at the rate of 8.50 percent in the account of more than 24.07 crore subscribers. EPFO Latest News, PF Money update: A big good news has come out for the employed people before the new year. Employees’ Provident Fund Organization (EPFO) has deposited interest at the rate of 8.50 percent in the accounts of more than 24.07 crore subscribers for…

Work From Home to Stay: India has been recording rising number of Covid-19 cases each day amid fears of the third wave, triggered by the Omicron variant of the coronavirus. This has put the country to a halt again, with several states including Delhi, Maharashtra and West Bengal imposing restrictions on movement of people. The Centre has also taken cognisance of the rising number of infections and asked citizens to…

Indian Railways gives many facilities to its passengers. We should be aware of these rules. So that no railway staff can harass you at the station or in the train. Knowing the rules, you can avoid paying extra money to TTE. If you have missed your train, then by returning it to the ticket window within the travel time, you can also get a refund of some part of the…

With the new year 2022 set to begin from tomorrow, here is a list of all major bank holidays in the upcoming calendar year marked by the central and state governments. The country observes three national holidays — Republic Day, Independence Day and Gandhi Jayanti. January – January 1: New Year’s Day, January 14: Makar Sankranti/Pongal/Imoinu Iratpa, January 15: Uttarayaana Punyakaala Makar Sankranti Festival, Maghe Sankranti, Sankranti, Pongal, Thiruvalluvar Day,…

The 10th instalment of PM Kisan Samman Nidhi Yojana was disbursed by PM Narendra Modi today at 12.30 pm via video-conferencing. PM Kisan Samman Nidhi Yojana: Here is a step-by-step process to check the beneficiary list  Step 1: Visit the PM Kisan Portal – https://pmkisan.gov.in/. Step 2: Click on ‘Beneficiary List’. Step 3: Now, select your state, district, sub-district, block, village and click on ‘Get Report’. Step 4: The list…

Children aged between 15 and 18 years are now eligible for COVID 19 vaccine in India. News18 had learned that children could choose between Bharat Biotech’s Covaxin and Zydus Cadila’s vaccines; however, only the former is available at the moment. The registration process started yesterday, January 1 and the inoculation drive will begin tomorrow, January 3. Similar to the adult vaccination drive, eligible citizens can book via the Co-Win portal…