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India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlayIndia's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the ...- Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
- AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
- Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...
- PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
- Indian envoy to Shanghai discusses New Delhi-Beijing ties with Chinese scholarsIndia's Consul General in Shanghai, Pratik Mathur, engaged in significant discussions with Chinese scholars at the Shanghai Institute of In...
- N Jayan appointed Director of ISRO's Liquid Propulsion Systems CentreAerospace engineer N Jayan has been appointed the new director of ISRO's LPSC, a significant move for India's space program. Jayan's leader...
- Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
- Govt to amend NDPS Act to plug loopholes exploited by narco syndicates: Amit ShahUnion Home Minister Amit Shah announced plans to amend the NDPS Act to combat drug syndicates, emphasizing a strict approach against peddle...
- 71% of MSMEs on TReDS platform now come from Tier-II and smaller cities: M1xchange reportMSMEs from Tier II, III, and beyond now constitute a significant portion of platform users and transaction volume. This digital financing e...
- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansionHyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...
- IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
- Euro zone yields fall as investors cut bets on ECB hikesEuropean government bond yields dipped Tuesday, finding stability after Monday's surge. Investors are scaling back expectations of further ...
- Modi leads Yoga Day celebrations in Kolkata, Murmu performs 'asanas' at JabalpurPrime Minister Narendra Modi led the nation in celebrating the 12th International Day of Yoga at Kolkata's Red Road, emphasizing yoga's rol...
- Consulate General of India in Shanghai hosts International Day of Yoga at Bund Finance CentreShanghai's historic Bund was the vibrant setting for India's 12th International Day of Yoga celebration. Over 400 attendees, including dipl...
- China signs up 26 financial institutions to digital yuan cross-border payment platformThe agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...
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