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Law And Order Improved In Manipur, Will Get Financial Support: N Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said all financial support will be provided to Manipur for economic development as she stressed the overall law and order situation has improved in the northeastern state.
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India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit
At COP29, India and other developing countries, as part of the LMDC bloc, called for fair and equitable climate finance. Concerns were raised about the predominance of loans in climate funding, which places additional burdens on vulnerable countries. The LMDCs emphasised the importance of holding developed nations accountable for meeting financial ...
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Surviving Crypto Ups and Downs: Insiders Share Mental Health Guide for Investors
Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.
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Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
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"Was Stressed About Financial Position...": Suresh Raina Recalls Tough Time During Career-threatening Knee Injury
Suresh Raina reflected on the tough times he went through after getting injured. In 2007, Raina suffered a career-threatening knee injury which left him bedridden for six months
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EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
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Circle Pay CEO Backs Stablecoin Legalisation in the US Amid ‘Accelerating De-Dollarisation': All Details
Jeremy Allaire, the CEO of stablecoin issuer Circle Pay has stressed that the US must get serious about considering stablecoin legalisation. He has suggested that the Federal Reserve introduce a digital dollar soon into its existing financial system and ‘capitalise on the high demand’ of stablecoins like USDC.
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Banks Should Have Adequate Capital Buffers, Liquidity: RBI Chief
Banks should have adequate capital buffers and liquidity and be ready to report earnings even under macroeconomic stress, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday.
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'Make In India' Should Embrace Chinese Market, Says China Envoy
China's Consul General in the financial capital, Kong Xianhua, on Tuesday stressed that there is a need for increasing Indian exports into the northern country, emphasising that a big opportunity exists.
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Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
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Risks To Financial Stability Have Increased, Warns IMF Chief
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.
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Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
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Rs 2.43 Lakh Crore Realised Through Insolvency Resolution Process: Report
Banks, financial institutions and other creditors of stressed companies have realised Rs 2.43 lakh crore through NCLT-supervised (National Company Law Tribunal) insolvency resolution processes against total claims of Rs 7.91 lakh crore.
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High Court Asks Senior Lawyers To Pay Enough Stipend To Juniors
The Delhi High Court has appealed to senior lawyers to ensure the stipend they pay to their juniors is enough to avoid financial stress and help them lead a more dignified life.
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Government School Enrolment In Assam Rises In Covid Pandemic, Says Education Minister
Assam has witnessed a steady rise in student enrolment in government schools during the last two years of the Covid-19 pandemic, mainly due to financial stress on the families, Education Minister Ranoj Pegu said.
-
Law And Order Improved In Manipur, Will Get Financial Support: N Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said all financial support will be provided to Manipur for economic development as she stressed the overall law and order situation has improved in the northeastern state.
-
India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit
At COP29, India and other developing countries, as part of the LMDC bloc, called for fair and equitable climate finance. Concerns were raised about the predominance of loans in climate funding, which places additional burdens on vulnerable countries. The LMDCs emphasised the importance of holding developed nations accountable for meeting financial ...
-
Surviving Crypto Ups and Downs: Insiders Share Mental Health Guide for Investors
Despite significant growth and a historic peak valuation of over $3 trillion (around Rs. 2,51,89,440 crore), crypto assets remain volatile, relatively new, and largely unregulated. In this article, we will examine the financial challenges faced by investors and explore decision-making strategies to help them avoid financial stress.
-
Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
-
"Was Stressed About Financial Position...": Suresh Raina Recalls Tough Time During Career-threatening Knee Injury
Suresh Raina reflected on the tough times he went through after getting injured. In 2007, Raina suffered a career-threatening knee injury which left him bedridden for six months
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
Circle Pay CEO Backs Stablecoin Legalisation in the US Amid ‘Accelerating De-Dollarisation': All Details
Jeremy Allaire, the CEO of stablecoin issuer Circle Pay has stressed that the US must get serious about considering stablecoin legalisation. He has suggested that the Federal Reserve introduce a digital dollar soon into its existing financial system and ‘capitalise on the high demand’ of stablecoins like USDC.
-
Banks Should Have Adequate Capital Buffers, Liquidity: RBI Chief
Banks should have adequate capital buffers and liquidity and be ready to report earnings even under macroeconomic stress, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday.
-
'Make In India' Should Embrace Chinese Market, Says China Envoy
China's Consul General in the financial capital, Kong Xianhua, on Tuesday stressed that there is a need for increasing Indian exports into the northern country, emphasising that a big opportunity exists.
-
Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
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Risks To Financial Stability Have Increased, Warns IMF Chief
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.
-
Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
-
Rs 2.43 Lakh Crore Realised Through Insolvency Resolution Process: Report
Banks, financial institutions and other creditors of stressed companies have realised Rs 2.43 lakh crore through NCLT-supervised (National Company Law Tribunal) insolvency resolution processes against total claims of Rs 7.91 lakh crore.
-
High Court Asks Senior Lawyers To Pay Enough Stipend To Juniors
The Delhi High Court has appealed to senior lawyers to ensure the stipend they pay to their juniors is enough to avoid financial stress and help them lead a more dignified life.
-
Government School Enrolment In Assam Rises In Covid Pandemic, Says Education Minister
Assam has witnessed a steady rise in student enrolment in government schools during the last two years of the Covid-19 pandemic, mainly due to financial stress on the families, Education Minister Ranoj Pegu said.
