[ad_1] Even non-PNB clients can also use the capability. (Representative image) UPI 123PAY will be multilingual and will also be available in the regional language of the customer’s choice. Under the Digital Payments Vision 2025 initiative to create a cashless and cardless society, Punjab National Bank (PNB) has become the first public sector bank … Read more
[ad_1] There is no service charge on issuance or clearing of bearer’s cheques. (Representative image) Bearer’s cheques are different from other cheques. A bearer’s cheque allows the person who submits the document to the bank to withdraw the money. These cheques have the words “or bearer” printed on them and are only transferable by … Read more
[ad_1] Hong Kong CNN — After years of regulatory crackdowns and draconian Covid curbs, private entrepreneurs in China are low on enthusiasm. The Chinese government is resorting to surprising measures to restore their confidence, but the campaign has inspired more nervousness than optimism. The province of Hainan, an island that Beijing plans to turn into … Read more
[ad_1] New York CNN — So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April … Read more
[ad_1] Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected … Read more
[ad_1] CNN — When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for … Read more
[ad_1] Minneapolis CNN — US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions. “I’ve not really seen evidence at this stage suggesting a contraction in credit, although that is a possibility,” Yellen said at a press conference … Read more
[ad_1] New York CNN — Tupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to … Read more
[ad_1] London CNN — The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it’s enjoying a comeback. Sterling hit its highest level against the US dollar in 10 months on Tuesday, topping $1.25 for the first time since June 2022. The … Read more
[ad_1] New York CNN — OPEC and its allies’ surprise move to slash oil production will soon be felt at US gas pumps. The group known as OPEC+ announced Sunday it would cut oil production by more than 1.6 million barrels a day starting in May, running through the end of the year. The news … Read more