Author: TheSpuzz Desk

Utkarsh Small Finance Bank has revised its interest rates on fixed deposits of less than ₹2 Cr. Following the revision, the bank is offering interest rates ranging from 4.00% to 7% for the general public and 4.60% to 7.60% for senior citizens. The general public can receive a maximum return of 8.25% on deposits with tenors of 1000 to 1500 days, while senior persons can get a maximum return of 8.85%. According to Utkarsh Small Finance Bank’s (SFB) official website, the revised FD rates take effect on May 22, 2023. Utkarsh Small Finance Bank FD RatesThe bank is now giving…

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Emerging mkts growth slowdown bottomed out in 2022, but risks remain: IMFMexico grants asylum to family of Peru’s ousted President CastilloOn eve of Biden’s Mexico border visit, migrants fear new rules by govtRINL supplies 1,800 tonnes of structural steel for AMNS expansion projectThe Ashok Hotel divestment: 1956-built hotel to undergo a structural auditSpiceJet tanks 19%, crashes to near 8-year low on heavy volumesOMCs extend gains on improved operational performance; IOC hits 52-wk highDivi’s Lab surges 10% in two days on strong revenue growth guidanceAnalysts see 24% upside in IndiGo; suggest tracking costs, airfare capNifty IT index reclaims 200-DMA; what does…

The man was pronounced dead at the scene of the collision In a tragic incident, a man in California died after he was struck by a car while helping a group of ducks cross the road, BBC reported. The incident happened on May 18 when Casey Rivara, 41, parked his car to help usher a group of ducklings off the road to safety. As he was busy assisting the family of ducks, a teen driver, heading eastbound on Stanford Ranch Boulevard struck him. ”He got out of the car and was shooing the ducks and everyone was clapping because he was being really nice. He…

The ritual is usually conducted on the last day of Navaratri Congress leader Shashi Tharoor who is quite active on Twitter often shares glimpses of his personal life on the microblogging website. On Sunday, he shared a ritual he undertook with a two-and-a-half-year-old boy, who is the son of his Thiruvananthapuram colleague. Notably, ‘Vidyarambham’ is a ritual wherein little children in states like Kerala, Tamil Nadu, and Karnataka are initiated into the world of letters. The ritual is usually conducted on the last day of Navaratri. During the ritual, the parent or the guru makes the child write the words ‘Om…

The fake job advertisements have lured prospective employees to foreign countries and then forced participation in cryptocurrency fraud schemes. Read Full Article

Income taxpayers can now file their returns for AY 2023-24 through Income Tax Return (ITR) forms ITR-1 and ITR-4 on the e-filing portal. “Income-tax Returns Form ITR 1 and ITR 4 are enabled at the portal in Online mode with prefilled data,” stated the income tax website. “ITR 1 and 4 for A.Y. 2023-24 are enabled for filing in online mode at the e-filing portal. Earlier, excel utilities for ITR 1, 2 & 4 for A.Y. 2023-24 had already been enabled. The software/utilities for preparing other ITRs/ Forms will be enabled shortly. Information regarding the same will be made available…

Riding on digital payments, the point-of-sale (POS) transaction value share conducted in cash is expected to fall from $11.6 trillion in 2021 to $6.0 trillion globally by 2026, a decline of nearly 50 per cent, a report showed on Tuesday. Some governments are actively promoting a move away from cash (Thailand, India, Brazil), while others are introducing new legislation to slow down the rapid decline in cash use, concerned about its impact on certain socio-demographics like older people and the unbanked. According to the ‘Global Payments Report 2023’ by Worldpay from FIS, the landscape of global financial…

She inhaled aerosol deodorant during a sleepover The devastated family of a 13-year-old Melbourne girl who died after inhaling dangerous chemicals has called for action to avoid more deaths like hers. According to News.com.au, Esra Haynes was at a sleepover on March 31, 2023, when she inhaled aerosol deodorant in a popular social media trend called ‘chroming’. Soon, she went into cardiac arrest and sustained irreparable brain damage.  The teenager spent eight days on life support after suffering a cardiac arrest, following which the family decided to turn off the machines. ”She then spent about 1.5 weeks in hospital fighting for…

Battery-tech startup EMO Energy on Tuesday said it has raised USD 1.2 million (nearly Rs 10 crore) in a seed funding round led by Transition VC and co-led by venture capital firm Gruhas. EMO offers battery packs for light electric vehicles (EVs) using its proprietary cell agnostic technology, ZEN provides fire safety and 20-minute fast charging among other features. It aims to implement battery-powered solutions in high power and high energy applications to aid decarbonisation, a release said. “Transition VC and Gruhas are the ideal early-stage partners for our mission as they’re just as committed to…