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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...
South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...
SFIO to probe Rajesh Exports over SEBI's fraud allegationsAuthorities are intensifying scrutiny on Rajesh Exports. The Serious Fraud Investigation Office will probe the gold refining giant followin...
Trade, tariffs & taste: American whiskey pushes for a fair pour in IndiaUS trade representative Jamieson Greer’s recent visit to New Delhi is seen as a key step toward finalising a US-India trade framework, with...
India-China border trade via Lipulekh Pass to resume after 6 yrsBorder trade between India and Tibet is set to resume through the Lipulekh pass on June 26, after a six-year halt due to the pandemic. The ...
Rajesh Exports under ED lens after probe finds missing records and Rs 3,000 crore opaque transactionsThe Enforcement Directorate has uncovered significant suspected violations of the Foreign Exchange Management Act (FEMA) during searches at...
Consumer court asks builder to return money taken from buyer after failing to deliver the projectA Hoshiarpur consumer commission has ordered a builder and housing society to refund Rs 5.25 lakh with interest to a software engineer. The...
RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
Indian tech’s Nifty share shrinks to record low on AI worriesIndia’s IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a r...
ED carries out searches at locations linked to Rajesh ExportsThe Enforcement Directorate conducted searches at nine locations linked to Rajesh Exports in Bengaluru and Mumbai concerning alleged forex ...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
Timberwolves trading Julius Randle to Nets as part of 3-team deal, AP source saysIn a significant NBA shake-up, the Minnesota Timberwolves are reportedly trading Julius Randle and a first-round pick to the Brooklyn Nets....
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisionsSebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master...
RBI Governor asks banks to treat MSMEs as growth partnersRBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking ...
SpaceX holds $100.8 billion in cash as Elon Musk's rockets-to-AI reveals major details after $75 billion IPO makes it one of world's most valuable companiesSpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering.
WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
Vijay Amritraj, Mammootty among 65 to get Padma Awards on TuesdayToday, President Droupadi Murmu is set to honor 65 remarkable individuals with the prestigious Padma Awards, including Padma Vibhushan, Pad...
India, Uzbekistan aim to double bilateral trade in 3 yearsIndia and Uzbekistan are set to significantly boost bilateral trade, aiming to double it within three years. Discussions at the recent Inte...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...