Sebi clarifies rules on pledging securities for discretionary PMS clients to raise loansIn a recent update, the Securities and Exchange Board of India (Sebi) confirmed that clients engaged in discretionary portfolio management ...
Student groups protest UGC-NET re-exam, demand NTA accountability over repeated lapsesStudent groups protested the National Testing Agency's decision to re-conduct UGC-NET exams. These organizations cited repeated lapses whic...
RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...
Invoice discounting: Know how this fund-raising option works, its types, benefits and drawbacksIf you are confused by personal finance terms, jargon and calculations, here is a series to simplify and deconstruct these for you. In the ...
Florida Shocking Crime: Parents arrested and charged for Manslaughter following fatal head trauma of 7-week-old daughterIn a dramatic turn of events, US Marshals arrested a couple in Jacksonville. The two were wanted for the horrific killing of their infant d...
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with SebiMonarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. Th...
Neo Wealth buys a 9.9% stake in Keertana FinservNeo Wealth Partners has taken a significant step by acquiring a 9.9% stake in Keertana Finserv for Rs 230 crore, reinforcing its commitment...
Defaulted on your loan? Here's what banks can legally do and what they can'tMissing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first...
Fusion Finance aims to cut microfin share, offer larger retail loansFusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...
25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush GoyalGovernment e-Marketplace (GeM) has recorded a Gross Merchandise Value of over Rs 1.55 lakh crore, up sharply from Rs 422 crore a decade ago...
NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBINon-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...
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...
RBI proposes a leverage ratio of 3.5% for ‘important’ global banksThe Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5...
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
ETMarkets AIF Talk| Successful private credit rests on three pillars: promoter, business and collateral: Sandeep AgarwalIn this edition of ETMarkets AIF Talk, Sandeep Agarwal, CEO & CIO of Modulus Alternatives, explains why successful private credit investing...
US Treasury Secretary Scott Bessent suggests Federal Reserve should consider raising FIMA liquidity facilityUS Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...