FINANCE – Page 28 – msmenews.sbs

Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts

AIMPWAFebruary 28, 2025

The Delhi High Court has asked probe agencies to exercise care and caution over blanket freezing of bank accounts. The matter before Justice Manoj Jain related to one such action of the agencies on the petitioner company’s account, having a withdrawal balance of more than ₹93 crore, but witnessing an innocuous entry of ₹200. “Such...

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

AIMPWAFebruary 27, 2025

Bank of Baroda (BoB) on Thursday announced the pilot launch of a ‘Loyalty/Cashback Programme’ functionality for merchants based on the ‘programmability’ aspect of the Central Bank Digital Currency (CBDC) in collaboration with a fintech company. This functionality will enable small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed...

Large NBFCs expect lower cost of funds post rollback of higher risk weights

AIMPWAFebruary 27, 2025

Non-banking finance companies (NBFCs), especially large sized ones, are expecting a fall in their cost of funds (CoF) after the Reserve Bank of India’s (RBI) move this week to rollback 25 per cent higher risk weight assigned on bank loans to NBFCs in late 2023, bankers say. Raul Rebello, MD & CEO, Mahindra & Mahindra...

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

AIMPWAFebruary 27, 2025

Non-bank brokers are assessing the costs and benefits of SEBI and the RBI’s move to grant them direct access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for trading in government securities and have hailed the move as a game-changer for India’s debt market. G-secs, with their sovereign backing and high liquidity, have always been...

Ministry Of Coal To Host Mumbai Roadshow To Boost Investment In Coal Sector

AIMPWAFebruary 27, 2025

Mumbai, Feb 27 (KNN) The Ministry of Coal will conduct a roadshow in Mumbai on February 28, 2025, at The Taj Mahal Palace as part of its ongoing initiative to highlight investment opportunities in the coal sector and commercial coal mine auctions. Union Minister of Coal and Mines, Shri G Kishan Reddy, will attend as...

DPIIT-Paytm Partnership To Boost Innovation In Manufacturing and Fintech Startups

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has entered into a strategic partnership with Paytm (One97 Communications Limited) through the signing of a Memorandum of Understanding (MoU) aimed at fostering innovation and accelerating growth in India’s manufacturing and fintech startup sectors. This collaboration will...

EPFO Adopts Unified Pension Scheme, Enhances Digital Infrastructure At 112th EC Meeting

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) The 112th meeting of the Executive Committee (EC) of the Central Board of Trustees, Employees’ Provident Fund Organisation (EPFO), was held at the EPFO Head Office in New Delhi on February 25, 2025. Ms. Sumita Dawra, Secretary of the Ministry of Labour and Employment, chaired the meeting, which was attended...

India’s Bioeconomy Surges to USD 130 Bn; CSIR-IMTECH’s Microbial Research To Drive Biotech Innovation

AIMPWAFebruary 27, 2025

Chandigarh, Feb 27 (KNN) Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, conducted an inspection of the Microbe Repository and other facilities at the CSIR-Institute of Microbial Technology (CSIR-IMTECH) while receiving updates on the institute’s ongoing projects. During his review, Dr. Singh emphasised the critical role of microbial technology as...

Quality Standards and Policy Support Propel India’s Toy Industry: Report

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s toy industry is on a robust growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB). The industry is undergoing a transformation driven by skill...

Investment Summits in States Attract Billions in Commitments

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s states are setting new benchmarks in investment commitments, with Madhya Pradesh concluding its two-day Global Investors’ Summit on Tuesday, securing pledges worth Rs 26.61 lakh crore—twice the size of the state’s GDP. This follows Odisha’s Utkarsh Odisha Conclave in late January, which attracted commitments of Rs 12.89 lakh crore,...

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

AIMPWAMarch 14, 2025

U.S. stocks rose on Friday after a broad selloff on Wall Street during the week as investors assessed the fallout of tariff policies on economic growth, while new data signaled deteriorating consumer sentiment and a surge in inflation expectations. All three indexes are headed for weekly declines, with the benchmark S&P 500 on track for...

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

AIMPWAMarch 14, 2025

Budget 2025 Key Announcements: Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Parliament on February 1. This was her record eighth budget presented under Prime Minister Narendra Modi-led government’s third term i.e. Modi 3.0. In her speech, Sitharaman said the Budget aims at “transformative reforms” in six key areas — financial sector,...

From Southwest to BP, Elliott and other activists are shaking up companies again

AIMPWAMarch 14, 2025

Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street. Source link

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

AIMPWAMarch 14, 2025

1. A mini bazooka Faced with a sharp fall in urban consumption which dragged economic growth down in the second quarter of this fiscal to just 5.4% of the gross domestic product (GDP) compared to 8.2% in the same period last year, the finance minister had to act, and she decided to take the bull...

Want to make more money selling your house? Mention these features in the listing.

AIMPWAMarch 14, 2025

As spring homebuying season approaches, homeowners who mention features including ‘teak’ and ’soapstone’ in their for-sale listing could get better offers on their houses. Source link

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Latest Posts

Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

Large NBFCs expect lower cost of funds post rollback of higher risk weights

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

Ministry Of Coal To Host Mumbai Roadshow To Boost Investment In Coal Sector

DPIIT-Paytm Partnership To Boost Innovation In Manufacturing and Fintech Startups

EPFO Adopts Unified Pension Scheme, Enhances Digital Infrastructure At 112th EC Meeting

India’s Bioeconomy Surges to USD 130 Bn; CSIR-IMTECH’s Microbial Research To Drive Biotech Innovation

Quality Standards and Policy Support Propel India’s Toy Industry: Report

Investment Summits in States Attract Billions in Commitments

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

Want to make more money selling your house? Mention these features in the listing.

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

Want to make more money selling your house? Mention these features in the listing.

India’s nuclear energy ambitions: Aiming for 100 GW by 2047