FINANCE – Page 25 – msmenews.sbs

HDFC Bank executes first trade in gold through IIBX

AIMPWAMarch 1, 2025

HDFC Bank executed the first ever trade in gold by any bank on IIBX under Special Category Client – Nominated Bank Category, the India International Bullion Exchange (IIBX) located in GIFT City recently announced. This trade conducted on February 28 imported gold through IIBX ecosystem by HDFC Bank and paved the way for other nominated...

ED issues FEMA notice to Paytm over past acquisitions

AIMPWAMarch 1, 2025

India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act. The notice relates to violations relating to the acquisition of two subsidiaries – Little Internet Private Limited and Nearbuy India Private Limited for the years 2015 to 2019, the Paytm said...

CUB-CSK co-branded credit card launched with sports and lifestyle perks

AIMPWAMarch 1, 2025

City Union Bank Ltd, an old private sector bank, has partnered with Chennai Super Kings (CSK) to launch a co-branded credit card. The CUB-CSK Co-Branded Credit Card will be available in three variants – MasterCard, Platinum, and Signature Powered by MasterCard and RuPay, the card promises global acceptance, top-notch security, and contactless payment options. “These...

India’s Core Sector Output Grows 4.6% in January, Cement and Refinery Products Lead

AIMPWAMarch 1, 2025

New Delhi, Mar 1 (KNN) India’s eight core infrastructure sectors recorded a 4.6 per cent growth in January, slightly lower than December’s revised 4.8 per cent but still the second-highest increase in six months. On a sequential basis, the Index of Core Industries (ICI) rose 2.4 per cent from December, reaching a 10-month high of 173,...

India Extends Mandate for Imported Coal Power Plants Amid Rising Electricity Demand

AIMPWAMarch 1, 2025

New Delhi, Mar 1 (KNN) The Indian government has extended its mandate requiring imported coal-fired power plants to operate at full capacity until the end of April, pushing back an earlier deadline set for February. The decision, outlined in a government order seen by Reuters, comes in response to rising electricity demand across the country. India’s power...

IACC and US Consulate Collaborate on White Paper for India’s Semiconductor Industry

AIMPWAMarch 1, 2025

Nagpur, Mar 1 (KNN) The Indo-American Chamber of Commerce (IACC), in collaboration with the US Consulate, is drafting a white paper to advance India’s semiconductor industry. The report will outline the needs of India’s domestic sector while incorporating perspectives from US stakeholders, particularly on intellectual property rights (IPR) and technology transfer. Sources indicate that the white paper...

DPIIT Launches Startup Maha Rathi Challenge With Rs 30 Crore Fund

AIMPWAMarch 1, 2025

New Delhi, Mar 1 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Startup Maha Rathi challenge as part of the second edition of Startup Mahakumbh. This flagship initiative is a collaborative effort with Avaana Capital, LetsVenture, Karnataka Digital Economy Mission (KDEM), IVCA, HDFC, and other partners, aimed at providing Indian...

$10 bn Swap auction by RBI gets healthy response

AIMPWAMarch 1, 2025

The Reserve Bank of India (RBI) received a healthy response to the $10 billion US Dollar (USD)/ Indian Rupee (INR) buy/sell swap auction of three years tenor it conducted on Friday. The auction was oversubscribed 1.62 times. This is the second swap auction that RBI conducted in the last one month and is part of...

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Prime Minister Narendra Modi recently chaired a high-level meeting at 7 Lok Kalyan Marg to review the Ayush sector’s development, emphasising its critical role in holistic healthcare, traditional knowledge preservation, and contribution to India’s wellness ecosystem. The meeting focused on evaluating the sector’s progress since the establishment of the Ministry...

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Union Minister of Coal and Mines G Kishan Reddy announced today that the Ministry of Mines will launch the first tranche auction of Exploration License blocks in March 2025. Speaking at a press conference in New Delhi, the Minister noted that this initiative follows the 2023 amendment to the MMDR...

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Budget 2025 – A fine blend of tax reforms and growth

AIMPWAMarch 14, 2025

Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. The biggest positive of Budget 2025 is the reduction of taxes for the middle class, which leaves more money in...

‘I’m not sure what to do’: My husband has dementia and needs care. Will Medicaid go after our money if I use it to pay off our mortgage?

AIMPWAMarch 14, 2025

“We still have around $300,000 left on our mortgage.” Source link

Prop traders stare at downsizing if SEBI’s new F&O limits hit home

AIMPWAMarch 14, 2025

The market regulator’s plans to introduce gross position limits for the derivative segment may result in job losses at proprietary firms and impact levies charged on such trades. Large prop firms employ 500-1,000 people each and several of them may have to axe 20-30 per cent of their workforce once the new norms become a...

‘Personal income tax buoyancy helped to offer relief; states may have deregulations as conditions for capex loans’

AIMPWAMarch 14, 2025

In a post-budget interview with Mint, Pandey also said the government’s push for deregulation could see them being implemented as mandatory reforms, which states are required to implement to qualify for a share of the Centre’s 50-year interest-free capex loans. Meanwhile, the 16th Finance Commission, headed by economist Arvind Panagariya, will give guidance on the...

People are ignoring streaming and TV ads. This company is capitalizing on that.

AIMPWAMarch 14, 2025

In-theater advertising company National CineMedia Inc. is well-positioned to reap the benefits of cinema’s unique proposition to advertisers, as well as changes to the company’s board structure, according to analysts. Source link

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Latest Posts

HDFC Bank executes first trade in gold through IIBX

ED issues FEMA notice to Paytm over past acquisitions

CUB-CSK co-branded credit card launched with sports and lifestyle perks

India’s Core Sector Output Grows 4.6% in January, Cement and Refinery Products Lead

India Extends Mandate for Imported Coal Power Plants Amid Rising Electricity Demand

IACC and US Consulate Collaborate on White Paper for India’s Semiconductor Industry

DPIIT Launches Startup Maha Rathi Challenge With Rs 30 Crore Fund

$10 bn Swap auction by RBI gets healthy response

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

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Budget 2025 – A fine blend of tax reforms and growth

‘I’m not sure what to do’: My husband has dementia and needs care. Will Medicaid go after our money if I use it to pay off our mortgage?

Prop traders stare at downsizing if SEBI’s new F&O limits hit home

‘Personal income tax buoyancy helped to offer relief; states may have deregulations as conditions for capex loans’

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Budget 2025 – A fine blend of tax reforms and growth

‘I’m not sure what to do’: My husband has dementia and needs care. Will Medicaid go after our money if I use it to pay off our mortgage?

Prop traders stare at downsizing if SEBI’s new F&O limits hit home

‘Personal income tax buoyancy helped to offer relief; states may have deregulations as conditions for capex loans’

People are ignoring streaming and TV ads. This company is capitalizing on that.

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Budget 2025 – A fine blend of tax reforms and growth

‘I’m not sure what to do’: My husband has dementia and needs care. Will Medicaid go after our money if I use it to pay off our mortgage?

Prop traders stare at downsizing if SEBI’s new F&O limits hit home

‘Personal income tax buoyancy helped to offer relief; states may have deregulations as conditions for capex loans’

People are ignoring streaming and TV ads. This company is capitalizing on that.

Centre to tighten reform criteria for states seeking 50-year interest-free capex loans: Ajay Seth