GIC’s 10% stake would be sold by the government during the fiscal year 2025
GIC(General insurance corporation of India):
A senior official informed FE that the government is considering selling a stake of up to 10% in the state-run...
India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore
Net Direct Tax
India's net direct tax collections for the fiscal year ending March 2024 experienced a robust increase of 17.7 percent year-on-year, reaching Rs...
Invest in gold progressively to whim ages
Invest in gold
With gold prices reaching a historic high of Rs 73,000 per 10 grams this week, retail investors are advised by experts to...
HDFC Asset Management Company’s Q4 outcomes show a rise in net profit to ₹541 crore, with the announcement of a dividend
HDFC asset management
In the fourth quarter, HDFC Asset Management Company (AMC) revealed a 43.8% increase in its standalone net profit to ₹541 crore. The...
Manappuram Finance plans to secure funds of up to $500 million through external commercial borrowing.
Manappuram Finance
On Friday, gold loan provider Manappuram Finance announced that its board has sanctioned the raising of up to $500 million (approximately Rs 4,100...
The Nasdaq undergoes a precipitous decline of over 2%, solidifying its sixth consecutive day of losses, with Nvidia plummeting by 10%.
The Nasdaq news update
The Nasdaq Composite extended its decline for a sixth consecutive session on Friday, marking its longest losing streak in over a...
Tata has requested approval from the Reserve Bank of India (RBI) to bypass the requirement of listing its Non-Banking Financial Company (NBFC)
The TATA sons NBFC news update:
The Tata Group has petitioned the Reserve Bank of India (RBI) for an exemption to forego the obligation of...
Jio Financial Services Limited 4th quater result: Company post 310.63cr profit, Net interest income 280cr
Jio Financial Services Limited quarterly result update:
On April 19, Jio Financial Services disclosed a net profit of Rs 310 crore for the January-March quarter...
The Reserve Bank of India’s proposed regulations for payment aggregators deemed pivotal, timely, and positively received by Experts.
The Reserve Bank of India
Today's latest news from the RBI: The Reserve Bank of India has issued two sets of draft regulations for payment...
Markets bounce back! Sensex surges by 600 points, with Nifty ending at 22,150, driven by gains in the banking and financial sectors.
Markets bounce back!
On Friday, the Indian stock indices staged a recovery from their earlier declines following Iran's denial of any retaliation by Israel. The...
Paytm receives approval from NPCI to facilitate user migration to new UPI IDs.
Paytm news update
On Tuesday, One97 Communications (OCL), the owner of Paytm, obtained approval from the National Payment Corporation of India (NPCI) to commence the...
Airtel Payments Bank introduces interoperable NCMC-enabled debit and prepaid cards: Advantages, acquisition process, and additional details
Airtel Payments Bank
Airtel Payments Bank has unveiled its environmentally friendly debit and prepaid cards enabled with NCMC (National Common Mobility Cards). Through a collaboration...
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