FINANCE – Page 28 – msmenews.sbs

Australia-India Trade Deal Saves Exporters $2 Billion in Tariffs

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) Exporters from Australia saved approximately USD 2 billion in tariffs by December 2024 due to concessions under the Economic Cooperation and Trade Agreement (ECTA) with India, according to an official statement. The ECTA, which took effect on December 29, 2022, has significantly reduced trade barriers. Currently, over 85 per cent...

Supreme Court Strengthens Safeguards Against Arbitrary Arrests Under GST and Customs Acts

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) In a landmark ruling, the Supreme Court has held that the rights of accused persons under the Code of Criminal Procedure (now Bharatiya Nagarik Suraksha Sanhita) apply equally to arrests made under the Goods and Services Tax (GST) Act and the Customs Act. The Court emphasised that arresting authorities must...

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s export sector, particularly in steel, aluminium, and other high-emission industries, is set to face challenges due to the European Union’s Carbon Border Adjustment Mechanism (CBAM), warned Thomas Kerr, Lead Climate Change Specialist at the World Bank. Speaking at PRAKRITI 2025, an international conference on carbon markets, Kerr emphasised the...

Tata Capital Board to meet on Tuesday to consider rights issue proposal

AIMPWAFebruary 27, 2025

The Board of Directors of Tata Capital Ltd (TCL) will be meeting on Tuesday to consider a proposal for raising funds by way of issue of equity shares on a rights basis amid plans for an initial public offering (IPO). This comes even as TCL and its parent – Tata Sons Pvt Ltd – are...

RBI raises ceiling on small value loans for UCBs, ups home loan limit

AIMPWAFebruary 27, 2025

The Reserve Bank of India seems to have done urban cooperative banks (UCBs) a good turn by raising the ceiling of small value loans. This may ensure that these banks are able to meet the prudential norm, whereby their loan book should comprise at least 75 per cent priority sector loans by the March-end 2026...

Chanda Kochhar turns over a new leaf; takes to podcasting

AIMPWAFebruary 27, 2025

Chanda Kochhar, the erstwhile poster-girl of the banking sector, who was removed as the chief of ICICI Bank in the wake of allegations of wrongdoing in loan sanctions, seems to be trying to turnover a new leaf. She has taken to the media, launching her podcast “Journey Unscripted with Chanda Kochhar” on February 13. Kochhar...

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

AIMPWAFebruary 27, 2025

In a relief for depositors at the New India Co-operative Bank (NICB), the Reserve Bank of India (RBI) has now allowed customers to withdraw up to Rs 25,000 from their deposit account from February 27 onwards, the RBI said in a statement. “The Reserve Bank, after reviewing the bank’s liquidity position in consultation with the...

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

AIMPWAFebruary 27, 2025

The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and financial institutions. According to the request for proposal (RFP) floated by DIPAM, the merchant bankers would be empanelled for a period of three years (further...

Elevation Capital partner and COO Vivek Mathur quits

AIMPWAFebruary 27, 2025

Elevation Capital’s Vivek Mathur, partner and chief operating officer (COO), has quit the venture capital firm after a 14-year stint at the company. He held board positions in several portfolio firms, including Paytm and Aye Finance. “These past 14 years have been a true masterclass in investing,” Mathur said, announcing his exit on social media...

Tata Group: Tata Capital IPO to launch 230 Million shares in India

AIMPWAFebruary 27, 2025

The board of Tata Capital, Tata Group’s financial services arm, has approved raising funds through an initial public offering (IPO) and a rights issue, according to an exchange filing. The non-banking finance company (NBFC) will raise up to ₹1,504 crore via the rights issue and issue up to 23 crore new shares for the IPO....

1 … 26 27 28 29 30 … 33

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

AIMPWAMarch 14, 2025

Why government — not business — will see that AI startups get the money they need. Source link

When consumption push and fiscal consolidation go hand in hand

AIMPWAMarch 14, 2025

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

AIMPWAMarch 14, 2025

Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a 0.57% jump from...

Kerry Washington invests in wedding marketplace Cheersy

AIMPWAMarch 14, 2025

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

AIMPWAMarch 14, 2025

Microfinance institutions (MFIs) are likely to proceed with cautious growth approach going ahead, after recording rapid growth in the range of 25-40 per cent in earlier years, and subsequently seeing stress in their asset quality, HP Singh, CMD, Satin Creditcare Network, tells businessline in an interaction. He talks about when the MFI sector stress is...

ALL INDIA MSMES PROMOTION AND WELFARE ASSOCIATION

Latest Posts

Australia-India Trade Deal Saves Exporters $2 Billion in Tariffs

Supreme Court Strengthens Safeguards Against Arbitrary Arrests Under GST and Customs Acts

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

Tata Capital Board to meet on Tuesday to consider rights issue proposal

RBI raises ceiling on small value loans for UCBs, ups home loan limit

Chanda Kochhar turns over a new leaf; takes to podcasting

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

Elevation Capital partner and COO Vivek Mathur quits

Tata Group: Tata Capital IPO to launch 230 Million shares in India

Trending News

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

Editor's Picks

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

Quick Links

Popular Categories

Must Read

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju