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GOVERNMENT FUNDING
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticketSebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The...- Safety most important in managing forex reserves says RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain stated that safety is the highest priority when managing foreign exchange reserves. Liquidity and return are...
- Enterprise AI startup Ema raises $77 million led by CreaegisFounded in 2023 by former Coinbase chief product officer Surojit Chatterjee and Souvik Sen, Ema builds AI employees for enterprise function...
- Government may do away with UPI subsidies as MDR revenue kicks inGovernment may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...
- US blocks cooperation with new UN refugee agency deputy chief, diplomats sayTensions between the Trump administration and the United Nations refugee agency have escalated due to a new appointment. Tressa Rae Finerty...
- India's fast-track route for low-risk foreign investors logs 164 sign-ups in 100 days, data showsThe SWAGAT-FI framework, launched on June 1, simplifies registration for trusted foreign investors, including pension and sovereign funds. ...
- Best gilt mutual funds to invest in September 2026Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go ...
- Elevate Campuses raises Rs 945 crore from anchor investorsMumbai's Elevate Campuses has completed a remarkable ₹945 crore fundraising round, attracting an array of anchor investors, including the p...
- SpiceJet’s finances, operations under government watch as cash flow woes deepenIndia’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Mi...
- 60% of organisations could fail at AI governance if they ignore data culture: GartnerAs companies race to make their data AI-ready, Gartner says cultural resistance and weak business engagement could become a bigger hurdle t...
- South Korean pension fund seeks India government bond investment licence: ReportSouth Korea's significant pension fund is looking to invest in Indian government bonds, as India strives to enhance foreign capital influx ...
- FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformationFinance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are ...
- In 2021, Olympic marathon champion Eliud Kipchoge adopted 50.8 hectares of Kenya's Kaptagat Forest for rehabilitation. 5 years later, more than 1,277 hectares of the wider ecosystem had been rehabilitatedIn 2021, Olympic marathon champion Eliud Kipchoge adopted 50.8 hectares of Kenya's Kaptagat Forest for rehabilitation. 5 years later, more ...
- Best banking & PSU mutual funds to invest in September 2026Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks an...
- Donald Trump seeks to bring health-research funding under his control, Politico reportsPresident Trump aims to place national health research funding under political appointees. A new board would decide which National Institut...
- Tata Steel seeks fresh UK government funding as Port Talbot EAF project faces delays: ReportTata Steel has requested additional UK government funding for its Port Talbot plant. Delays in the plant's transformation are increasing pr...
- JPC on FCRA amendment bill meets first time to examine legislationA Joint Parliamentary Committee has begun examining the Foreign Contribution (Regulation) Amendment Bill. This bill proposes tighter govern...
- Government seeks long-term funds to boost infrastructure workIndia is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less ...
- Asian Games chaos: Indian rowers in Japan left without rooms, players wait hours at airport without food while equestrian team had to pay from own pocket to feed horsesIndian rowing and shooting teams encountered significant logistical problems upon arrival. Rowers lacked accommodation and faced delayed eq...
- Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departmentsSelected startups can get work orders of up to Rs 25 lakh each for pilot projects under an initiative called Government First under goverme...
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