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Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
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Nirmala Sitharaman's Poser To Rahul Gandhi On Congress' "Khata Khat" Schemes
Finance Minister Nirmala Sitharaman on Monday fired a fresh salvo against Rahul Gandhi and the Congress, for making "lofty promises disconnected with reality" during the Lok Sabha poll campaign without explaining where the huge funds to
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Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
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Apple Says Will Fund Pay Later Loans Off Its Own Balance Sheet
Apple says it plans to fund loans for its forthcoming Apple Pay Later service off its corporate balance sheet. Loans and creditworthiness decisions will be handled by a wholly owned subsidiary, Apple Financing LLC. ​
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Government Brings 96% Post Offices Under Core Banking System
Around 96 per cent of post offices have been brought under core banking system to implement the "Anytime-Anywhere Post Office Savings" service
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World Bank Approves $200 Million In Additional Funding For Ukraine
The World Bank on Monday announced it was making available nearly $200 million in additional and reprogrammed financing to bolster Ukraine's social services for vulnerable people, on top of $723 million approved last week.
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Budget 2022: Shiv Sena MP Seeks Special Interest Rates For Senior Citizens
Shiv Sena leader Priyanka Chaturvedi has urged finance minister to give a special interest rate on fixed deposits for senior citizens
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Banks Seek Reduction Of Tax-Free FD Period To 3 Years
Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits
-
Union Budget: Fund Allocation For Bank Recapitalisation Unlikely, Says Report
The upcoming budget is unlikely to make any provision for recapitalisation of state-owned lenders, as over Rs 3.36 lakh crore has been spent on the banks in the last six years, a domestic rating agency said on Thursday.
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RBL Bank Chief Vishwavir Ahuja Steps Down, RBI Official Joins Board
RBL Bank's managing director and CEO Vishwavir Ahuja has stepped down and Rajeev Ahuja has been made the interim chief with immediate effect
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SEBI's Appeal Against Tribunal's Order On PNB Housing Preference Issue Dismissed As Infructuous
The SAT directed that its interim order of June 21, 2021 will continue till further orders, restraining PNB Housing Finance from disclosing the voting results by the shareholders on the fund raise plan.
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Finance Minister Proposes Rs 20,000 Crore Recapitalisation For Public Sector Banks
Budget 2021: In September 2020, Parliament approved Rs 20,000 crore capital infusion for PSBs as part of the first batch of Supplementary Demands for grants for 2020-21
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SBI Gets Bond Warning From France's Amundi Over Coal Mine: Report
Amundi, which holds the bond in its Amundi Planet Emerging Green One fund, said it had learnt this week that the State bank of India was considering financing the Carmichael thermal coal mine in Australia
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Tata Motors Introduces Special Finance Schemes For Tiago, Altroz, & Nexon
Tata Motors has introduced a special finance scheme, offering customers a six-month moratorium on their EMIs. So, customers who buy a new Tata Tiago, Nexon or Altroz can now make zero down payment, avail a 6-month EMI holiday (only interest needs to be serviced monthly) and avail up to 100 per cent on-road funding on the car for a loan tenure of 5-...
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Amazon India Unit Gets Rs. 2,310 Crores in Fresh Funds From Parent
Amazon.com has invested Rs. 2,310 crores ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people shop online in a bid to avoid crowded public places.
-
Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
-
Nirmala Sitharaman's Poser To Rahul Gandhi On Congress' "Khata Khat" Schemes
Finance Minister Nirmala Sitharaman on Monday fired a fresh salvo against Rahul Gandhi and the Congress, for making "lofty promises disconnected with reality" during the Lok Sabha poll campaign without explaining where the huge funds to
-
Budget For Home Ministry: Huge Raise In Funds For Security, Border Infra
Finance Minister Nirmala Sitharaman has taken a balanced approach in allocating funds to run policies, services, and activities under the Home Ministry in interim Budget 2024. For example, security related expenses have seen a hike of 22 per cent.
-
Apple Says Will Fund Pay Later Loans Off Its Own Balance Sheet
Apple says it plans to fund loans for its forthcoming Apple Pay Later service off its corporate balance sheet. Loans and creditworthiness decisions will be handled by a wholly owned subsidiary, Apple Financing LLC. ​
-
Government Brings 96% Post Offices Under Core Banking System
Around 96 per cent of post offices have been brought under core banking system to implement the "Anytime-Anywhere Post Office Savings" service
-
World Bank Approves $200 Million In Additional Funding For Ukraine
The World Bank on Monday announced it was making available nearly $200 million in additional and reprogrammed financing to bolster Ukraine's social services for vulnerable people, on top of $723 million approved last week.
-
Budget 2022: Shiv Sena MP Seeks Special Interest Rates For Senior Citizens
Shiv Sena leader Priyanka Chaturvedi has urged finance minister to give a special interest rate on fixed deposits for senior citizens
-
Banks Seek Reduction Of Tax-Free FD Period To 3 Years
Quite in sync with mutual fund products like ELSS, banks have advocated for lowering of fixed deposit tenure to three years to avail tax benefits
-
Union Budget: Fund Allocation For Bank Recapitalisation Unlikely, Says Report
The upcoming budget is unlikely to make any provision for recapitalisation of state-owned lenders, as over Rs 3.36 lakh crore has been spent on the banks in the last six years, a domestic rating agency said on Thursday.
-
RBL Bank Chief Vishwavir Ahuja Steps Down, RBI Official Joins Board
RBL Bank's managing director and CEO Vishwavir Ahuja has stepped down and Rajeev Ahuja has been made the interim chief with immediate effect
-
SEBI's Appeal Against Tribunal's Order On PNB Housing Preference Issue Dismissed As Infructuous
The SAT directed that its interim order of June 21, 2021 will continue till further orders, restraining PNB Housing Finance from disclosing the voting results by the shareholders on the fund raise plan.
-
Finance Minister Proposes Rs 20,000 Crore Recapitalisation For Public Sector Banks
Budget 2021: In September 2020, Parliament approved Rs 20,000 crore capital infusion for PSBs as part of the first batch of Supplementary Demands for grants for 2020-21
-
SBI Gets Bond Warning From France's Amundi Over Coal Mine: Report
Amundi, which holds the bond in its Amundi Planet Emerging Green One fund, said it had learnt this week that the State bank of India was considering financing the Carmichael thermal coal mine in Australia
-
Tata Motors Introduces Special Finance Schemes For Tiago, Altroz, & Nexon
Tata Motors has introduced a special finance scheme, offering customers a six-month moratorium on their EMIs. So, customers who buy a new Tata Tiago, Nexon or Altroz can now make zero down payment, avail a 6-month EMI holiday (only interest needs to be serviced monthly) and avail up to 100 per cent on-road funding on the car for a loan tenure of 5-...
-
Amazon India Unit Gets Rs. 2,310 Crores in Fresh Funds From Parent
Amazon.com has invested Rs. 2,310 crores ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people shop online in a bid to avoid crowded public places.
