In a post-Budget conversation with ANI, Secretary. DFS said, "Both Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) provide project financing to the public and private sectors in energy. If two NBFCs are financing the same projects in the same sector, it makes r
New Delhi [India], January 30: SP-PLUS AG, a Switzerland-based investment and development firm, and FLY Bharathi Global Investment LLC, a Dubai-headquartered aviation investment company, announced today the formation of a groundbreaking joint venture to finance and develop the Ujjain Airport
Kolkata (West Bengal) [India], January 30: As India's construction activity expands across highways, housing, mining, and industrial infrastructure, equipment buying decisions are becoming more frequent--and more complex. Yet for many owners, contractors, and operators, uncertainty remains a
In the 3rd meeting of India-Saudi Arabia Security Working Group under the Political, Consular and Security Cooperation Committee of Strategic Partnership Council, both parties condemned terrorism iin all its forms and manifestations.
According to Punjab DGP Gaurav Yadav, the accused facilitated terror financing by routing heroin trafficking proceeds through his personal bank account and UPI credentials at the direction of a Pakistan-based smuggler. This module has been connected to major drug and arms seizures, as wel
Mumbai (Maharashtra) [India], January 22: CarePal Money, the lending marketplace arm of the CarePal Group, has appointed Sahil Lakshmanan as its Chief Executive Officer, effective immediately.
On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
According to a new report launched at a national policy dialogue families spent an estimated PKR 2.8 trillion on education, overtaking the government's allocation of Pakistani Rupees (PKR) 2.23 trillion.
Highlighting Gujarat's investment potential, he stated that the state has a strong tradition of attracting investment. At Vibrant Gujarat 2024, MoUs worth Rs 45 lakh crore were signed in the state, and in the last three months, investment interest of more than Rs 11 lakh crore has been re
India and the United Arab Emirates (UAE) on Monday agreed to continue cooperation within the framework of the global watchdog on money laundering and terrorist financing, the Financial Action Task Force (FATF), to counter terror financing and bolster anti-money laundering efforts, following
Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newl
The summit is convened by the Future Economic Cooperation Council (FECC), a non-profit platform, in partnership with the Ministry of External Affairs, Government of India, and the Government of Maharashtra.