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RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISMEFISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt wo...- If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...
- NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
- Godrej Industries group signs pact to invest Rs 20,000 crore in HaryanaGodrej Industries Group plans a substantial Rs 20,000 crore investment in Haryana. This initiative is expected to generate approximately 40...
- ET World Leaders Forum: AI pushing companies to redefine work, talent and chase measurable value, say industry leadersBusinesses are shifting focus from AI capabilities to delivering measurable results. Organisations must now redesign themselves around arti...
- Assam CM briefs Union Finance Minister on flood response; Sitharaman assures Centre’s supportDuring his visit to Delhi, Assam Chief Minister Himanta Biswa Sarma met with Union Finance Minister Nirmala Sitharaman to strategize flood ...
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- ET Family Business Dialogues: Freedom, family roots & patient capital are shaping India’s next-gen entrepreneursSecond-generation entrepreneurs are increasingly using the experience, support and capital available within family businesses to pursue ind...
- Augmont Enterprises mops up Rs 246 crore in anchor round ahead of IPO; Nomura, HDFC MF among investorsAugmont Enterprises secured Rs 246.3 crore from anchor investors before its upcoming IPO. The company will open its initial public offering...
- The UK pension pot question: Why 2026-27 is the year to decideStarting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indian...
- Aditya Birla Capital forays into gold loan business; shares rise 3%Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over t...
- Lupin arm to commercialise YUVEZZI eye drop across key European marketsLupin's VISUfarma BV has secured exclusive rights for YUVEZZI in key European markets. This ophthalmic product treats loss of clear close-u...
- The 20 reforms that could take India to a $20 trillion economy by 2036: ReportIndia could reach a $20 trillion economy by 2036 with broad reforms. A 20-point agenda covers infrastructure, capital markets, and human ca...
- Pakistan seeks USD 10 billion US facility to bolster forex stabilityPakistan seeks a $10 billion US facility to bolster its foreign exchange reserves. This move aims to reassure international investors and s...
- Singapore plans tax breaks, easier visas to attract fund managersSingapore plans tax exemptions on certain fund-management profits and wider access to a five-year visa for investment professionals as it c...
- Cash-rich IT firms turn to debt for acquisitions, buybacksIndian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with i...
- Investors in limbo as government’s deeptech fund disbursal stretches onBack in June, ET reported about 20 Indian investors, including Ideaspring and Chiratae, were lined up for capital allocation. These VCs, in...
- Ex-Kissht cofounders’ firm Rezolv raises $12.5 million, to expand credit servicesThey said the company, which raised $3.5 million in its seed round last year at a $12.8 million post-money valuation, saw its valuation ris...
- No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
- NBFCs seek RBI rethink on revolving credit curbSenior 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...
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