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Govt approves proposal to amend Khadi and Village Industries Commission ActThe government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to bo...
3one4 Capital launches $15 million fund to support overlooked sectors, women foundersKnown as the IIDEA Fund, this will be managed by 3one4 Capital with support from BII to back founders in sectors like energy transition, ag...
AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
Pension savings can help fund infrastructure, support Viksit Bharat: CEAIndia's burgeoning pension savings hold immense potential to fund infrastructure and propel the 'Viksit Bharat' vision, while ensuring stab...
Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
Mcap of 6 of top-10 most valued firms climbs Rs 88,678 cr; ICICI Bank biggest winnerIndian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led th...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
Detect, disrupt, destroy: Amit Shah vows to dismantle drug trafficking ecosystemUnion Home Minister Amit Shah has declared a three-year mission to dismantle India's drug trafficking network, aiming for a decades-long im...
ICAI to help Tirupati temple enhance accounting systemIndia's wealthiest religious trust, Tirumala Tirupati Devasthanams, is partnering with the Institute of Chartered Accountants of India (ICA...
Amid Ram Mandir donation row, Tirupati Balaji Temple turns to ICAI to overhaul accounting systemFollowing allegations of a donation scam at Ayodhya's Ram Mandir, Tirumala Tirupati Devasthanams (TTD) is overhauling its financial systems...
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...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
ADB approves USD 42.2 mln loan to boost bamboo industry in northeast regionThe Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...
Alta Capital-backed Elevate, IIT Madras in pact for 1,800-bed student housing projectElevate Campuses, backed by Alta Capital, is partnering with IIT Madras on a Rs 400-crore student housing project. This large-scale public-...
'We need doctors in this country', says SC; dismisses plea concerning fee structureThe Supreme Court has declined to intervene in a petition challenging exorbitant fees in Rajasthan's private medical colleges, stating the ...
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted Northeast India's potential as a growth engine, emphasizing sustainable agriculture a...