On non-banking financial companies (NBFCs), Nagaraju said both government-owned and private NBFCs play a significant role in funding infrastructure and reaching borrowers underserved by banks. "While NBFCs have shown strong growth, profitability, and outreach, he noted the continuing debate
The Supreme Court on Monday granted bail to Shiromani Akali Dal (SAD) leader Bikram Singh Majithia and former Punjab Member of Legislative Assembly (MLA), who has been accused in a disproportionate assets case.
Pune (Maharashtra) [India], February 2: Mutual funds are often considered by investors who are exploring market-linked instruments aligned with different financial goals and time horizons. Instead of investing directly in individual securities, mutual funds pool money from multiple investors
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
Seoul [South Korea], February 2: Lambda256, the blockchain technology subsidiary of Dunamu, announced that its enterprise blockchain infrastructure platform Nodit has achieved SOC 2 Type II certification, marking the first such certification in the Korean blockchain industry. The certificati
In reference to historical US influence in Iran, the Supreme Leader had earlier claimed Washington was trying to regain control after losing its grip decades ago.
The strategic disinvestment of IDBI Bank has moved to the third phase, which means that now the technical and financial bids will be invited, said Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM) on Sunday.
The Union Budget 2026-27 has delivered targeted relief for consumers, exporters and strategic industries, while tightening taxes and select goods or assets. The proposals aim to improve the quality of life, support domestic manufacturing and exports, and generate additional revenue from f
The stock markets will absorb the changes in Securities Transaction Tax (STT) and gradually adjust, with no significant impact on the asset quality of stock brokers or exchange-listed entities, Ashish Chauhan, Managing Director and CEO of the National Stock Exchange (NSE), said on Sunday.
Mumbai (Maharashtra) [India], January 31: Financial results, The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results
New Delhi [India], January 31: GoSats, an asset-based rewards company, today announced a comprehensive integration with Flipkart SuperCoins. This strategic integration extends Flipkart's loyalty currency into asset-linked and high-utility use cases, allowing users to utilise SuperCoins for B
In the upcoming Union Budget, investors in virtual digital assets (VDA) are seeking relief on the taxation framework, particularly the ability to claim losses, even as gains from cryptocurrency remain taxable at 30 per cent under Indian law, Rohit Garg, Partner at Shardul Amarchand Mangal