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RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
NHAI flags off asset monetisation for FY27The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two ...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Chenani-Nashri's two-lane tube tunnel gets green light: Union Minister Jitendra SinghA new two-lane tunnel will be built parallel to the Dr Syama Prasad Mookerjee tunnel. This project, announced by Union Minister Jitendra Si...
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBIIndia reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, i...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
RBI MPC highlights: Top decisions announced by Governor Sanjay Malhotra & CoRBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra announced the Monetary Policy Committee's (MPC) decision, wit...
Nihang Sikhs impose symbolic 'Khalsa tax' on HP vehicles at Punjab border pointNihang Sikhs staged a protest on the Kiratpur Sahib-Manali highway. They collected a symbolic 'Khalsa tax' from Himachal-registered vehicle...
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
NHAI toll exemption list to be reduced: Govt may end toll exemptions for someThe central government is considering reducing toll exemptions for vehicles of senior government officials on national highways. A high-lev...
UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
'FASTag scam alert': Munnabhai actor Ashwin Mushran alleges Rs 200 penalty despite Rs 3000 balance, shares what drivers should do nextMunnabhai Actor Ashwin Mushran has sparked an online discussion after alleging he was wrongly charged a Rs 200 penalty at Mumbai's Bandra-W...
NHAI lines up 17 highway assets spanning 1,692 km for monetisation in FY27National Highways Authority of India plans to monetize 17 highway assets spanning over 1,600 km in FY 2026-27. These stretches are located ...