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Insurance

GIC’s 10% stake would be sold by the government during the fiscal year 2025

PJdesk - 21/04/20240

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...

NBFC

India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore

PJdesk - 21/04/20240

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...

News

Invest in gold progressively to whim ages

PJdesk - 21/04/20240

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...

NBFC

HDFC Asset Management Company’s Q4 outcomes show a rise in net profit to ₹541 crore, with the announcement of a dividend

PJdesk - 20/04/20240

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...

NBFC

Manappuram Finance plans to secure funds of up to $500 million through external commercial borrowing.

PJdesk - 20/04/20240

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...

News

The Nasdaq undergoes a precipitous decline of over 2%, solidifying its sixth consecutive day of losses, with Nvidia plummeting by 10%.

PJdesk - 20/04/20240

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...

Crypto

The “Halving” of Bitcoin Reduces the Supply of New Tokens, Posing a Threat to Miners.

PJdesk - 20/04/20240

"Bitcoin Halving" It poses a potential setback for firms that profit from maintaining the smooth and secure operation of the digital currency. The event, occurring once...

NBFC

Tata has requested approval from the Reserve Bank of India (RBI) to bypass the requirement of listing its Non-Banking Financial Company (NBFC)

PJdesk - 20/04/20240

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...

FinTech

Jio Financial Services Limited 4th quater result: Company post 310.63cr profit, Net interest income 280cr

PJdesk - 20/04/20240

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...

Bank

The Reserve Bank of India’s proposed regulations for payment aggregators deemed pivotal, timely, and positively received by Experts.

PJdesk - 19/04/20240

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...

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