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Gold NBFCs will benefit from potential rate cuts and prices surge: Jefferi
Updated : 1 year, 5 months ago IST
The non-banking financial companies (NBFCs) that focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in the near future, Jefferies said in a report.
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"Machinery should be given at subsidized rates and sold to cooperative sec
Updated : 1 year, 5 months ago IST
Speaking to ANI, he said "We have placed our demands that the machinery should be given at subsidized rates and sold to the cooperative sector. The first fire of the stubble harms the farmers and then others. The government is not providing a positive solution. When we do paddy harvesting an
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Putin echoes PM Modi's stance on BRICS, says 'it's not anti-Western; it's
Updated : 1 year, 5 months ago IST
Russian President Vladimir Putin echoed Prime Minister Narendra Modi's stance on BRICS, emphasising that the grouping is not anti-Western but rather non-Western ahead of the group's summit in October.
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Rate cut at this stage will be premature and very very risky, says RBI Gov
Updated : 1 year, 5 months ago IST
The Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.
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Platinum Industries Ltd. Eyes Global Acquisition, To Consider Fundraising
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 18: Platinum Industries Ltd. (BSE: 544134; NSE: PLATIND), a global leader in the manufacturing of PVC and CPVC additives is set to convene a Board of Directors meeting on Thursday, 24th October 2024, in compliance with Securities & Exchange Board of
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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 5 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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Govt reduces charges for TDS default from multiple rates of 2,3 and 5 pc t
Updated : 1 year, 5 months ago IST
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
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Matt Henry registers most economical five-wicket haul in NZ's Test history
Updated : 1 year, 5 months ago IST
In his spell of 13.2 overs, he took 5/15 with an economy rate of 1.10, the lowest by a Kiwi bowler in a Test fifer. He got crucial wickets of Sarfaraz Khan, Rishabh Pant, Ravindra Jadeja, Ravichandran Ashwin and Kuldeep Yadav.
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RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 5 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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NeoSOFT Showcases Enhanced Gen AI Solutions at GITEX Global
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 17: NeoSOFT, a global leader in IT consulting and digital transformation, is proud to announce its participation in GITEX Global, taking place from October 14-16 at the Dubai World Trade Centre. At the forefront of innovation, NeoSOFT is showcasing an ar
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Signature Global Unveils Exclusive Festive Offers for Aspiring Customers
Updated : 1 year, 5 months ago IST
New Delhi [India], October 17: Signature Global (India) Ltd., among India's leading real estate developers, has unveiled attractive Diwali offers tailored for customers. The festive benefits range from reduced booking amounts to exclusive rewards like luxury watches, complimentary club membe
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The Future of Savings Accounts: Trends and Innovations
Updated : 1 year, 5 months ago IST
New Delhi [India], October 17: The traditional savings account is undergoing significant transformation almost every day. Driven by technological advancements, changing consumer expectations, and regulatory shifts, the future of savings accounts looks very different from a decade ago. For ma
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