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FINANCE INDUSTRY DEVELOPMENT COUNCIL
- NBFCs seek RBI rethink on revolving credit curb
Senior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...
MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
New Development Bank plans $7.5 billion funding to deepen rupee lendingThe New Development Bank is set to invest $7.5 billion in India, focusing on local currency financing aimed at strengthening emerging econo...
Welcome turnaround, Bar Council membersIn a significant turn of events, the Bar Council of India has rescinded its earlier threat towards graduates of NALSAR University of Law af...
NEDFi study finds microplastic pollution threatens BrahmaputraA NEDFi report identified microplastic pollution as a critical environmental challenge in freshwater systems. The study focused on the Brah...
FIIs dumped nearly Rs 1 lakh crore worth of these 10 stocks but 8 defied the selloffForeign investors sold nearly Rs 1 lakh crore from ten Indian stocks. Eight of these companies saw their stock prices increase despite the ...
ET Exclusive: Pirojsha Godrej set to take charge at Godrej Industries with an ambitious growth planPirojsha Godrej is set to take charge of Godrej Industries Group, succeeding Nadir Godrej, with a mandate to build sector-leading businesse...
'No student shall suffer without fault': BCI lifts NALSAR enrolment bar after CJI rowThe Bar Council of India has lifted its enrolment ban on NALSAR University's 2026 graduates. All students can now enroll with the State Bar...
India needs to step up public investment to attract private investments: Working paper by EAC-PMCorporate profits and investments in India have recovered after the pandemic. Investment recovery has been slower due to limited innovative...
BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala SitharamanNirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk inves...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutNvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platfor...
India likley to launch digital gold regulatory framework next yearThe Indian government is likely to roll out regulations for digital gold in the coming year, backed by discussions involving critical minis...
Samsung aims to train 20,000 youths in AI in IndiaThis will be carried out under the 2026 edition of Samsung Innovation Campus (SIC), the flagship CSR programme dedicated to equipping young...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutThe move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
Parlimentary panel asks revenue dept to conduct 'ground reality' check on physical check-postsIn a recent development, a parliamentary committee has pressed the revenue department to assess the impact of unauthorized check-posts that...
Loan book to cross Rs 2 lakh crore milestone in FY27: HUDCO CMDHousing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-fi...
BRICS trade meet clears MSME credit frameworkBrics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consens...
India weighs friendlier investment treaty rules as Cabinet nod nears: DEA SecretaryIndia is reviewing its bilateral investment treaty model to attract more foreign capital. This review aims to make the treaty more investor...
India can raise per capita income six-fold by '47: NITI Vice ChairmanIndia's per capita income could rise six-fold by 2047. This growth would make the nation a developed economy. Higher investment and domesti...