Stay updated with the latest finance news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on finance topics.
In a response to the persistent geopolitical uncertainties and supply chain disruptions in West Asia, the Reserve Bank of India (RBI) on Tuesday announced the continuation and expansion of key relief measures aimed at supporting exporters struggling to meet payment realisation deadlines. The central bank said it has been receiving multiple representations from stakeholders highlighting difficulties in adhering to prescribed timelines for the realisation of export proceeds. These challenges are ...Read More >
Hyderabad: The previous Bharat Rashtra Samithi (BRS) and the present Congress-led state governments have presented 'unrealistic' budgets for five years between 2020-2021 and 2024-2025 financial years. This has been categorically affirmed in the Comptroller and Auditor General of India (CAG) report, "Accounts at a glance-2024-2025'. It points out that the gap between the budget estimates and actuals increased in the five years under review. The highest gap of 29 per cent was found in the 2024-20 ...Read More >
Chandigarh: Punjab govt has informed Punjab and Haryana high court that the state cabinet is not bound to implement increases in dearness allowance (DA) or dearness relief (DR) in line with rates announced by Union govt.It says release of instalments of DA / DR is a policy decision of state govt, "taken from time to time after assessing its financial position". According to govt, it had decided that it "may endeavour" to align DA hikes with those announced by the Centre.HC is hearing a petition ...Read More >
Mumbai: The Reserve Bank of India (RBI) has clarified that loans to individuals for purchase of shares and other eligible securities will be capped at ₹1 crore per borrower across the entire banking system, while borrowing for subscribing to shares through initial public offerings, follow-on offers or employee stock option plans will be limited to ₹25 lakh per individual. RBI had earlier announced the limits would be raised to ₹1 crore from ₹20 lakh. Loans against shares, IPO funding and ESOP ...Read More >
The Jammu and Kashmir government is prioritising a transparent recruitment process to fill 25,000 vacancies, ensuring fairness and avoiding legal challenges that could delay crucial job opportunities. Photograph: ANI Photo Key Points * J&K government aims to fill 25,000 vacancies this year with a focus on transparent recruitment processes. * Chief Minister Omar Abdullah stresses the importance of avoiding undue haste to prevent legal challenges and delays in recruitment. * Over 28,000 vacan ...Read More >
Mumbai: Citing continued disruptions from the West Asia conflict, the Reserve Bank of India on Tuesday extended the enhanced export credit window, allowing up to 450 days for pre- and post-shipment finance on disbursals made till June 30. The facility, introduced in November 2025 amid tariff-related uncertainties, was earlier available up to March 31, 2026. "Given the continuing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period o ...Read More >
Bhubaneswar: Seven state-run companies and corporations in Odisha posted a combined loss of ₹794.98 crore in the financial year 2022-23, according to a report by the Comptroller and Auditor General of India (CAG) tabled in the Assembly on Tuesday. The audit assessed the financial performance of 29 State Public Sector Enterprises (SPSEs), of which seven entities reported losses during the fiscal. The total loss marks a significant rise from ₹453.11 crore recorded by the same set of entities in 2 ...Read More >
New Delhi [India], March 31 (ANI): In a sweeping bureaucratic reshuffle on the last day of the financial year, the Appointments Committee of the Cabinet (ACC) has approved the appointment and transfer of over 40 senior officers across various central ministries and departments. The moves cover key positions in ministries dealing with personnel, finance, rural development, chemicals and fertilisers, tourism, minority affairs, and information and broadcasting. Nivedita Shukla Verma, IAS, current ...Read More >
MUMBAI: When your ice cream business gets a fresh scoop of leadership, things are bound to get even cooler and Kwality Wall's has just done exactly that. Kwality Wall's (India) Limited (KWIL), now part of The Magnum Ice Cream Company (TMICC), has announced the appointment of Abhijit Bhattacharya and Tahir Toloy Tanridagli to its Board of Directors. The appointments, effective 30 March, follow TMICC HoldCo's acquisition of a controlling 61.90 per cent stake in KWIL. Mr Abhijit Bhattacharya has b ...Read More >
Jammu, Mar 31 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday said the government is regularly clearing its financial liabilities, including dues to contractors and retired employees, with over Rs 18,000 crore paid during financial year 2025-26. Replying to a question of BJP MLA Sham Lal Sharma in the Legislative Assembly, he said "the financial liabilities of the government in the shape of bills presented at treasuries are cleared on regular basis. Bills pertaining to contracto ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline. The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms. The central bank had initially issued the amendment d ...Read More >
Mumbai, Mar 30 (PTI) The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following stakeholder feedback. The central bank stated that it has also revised the "Amendment Directions on Capital Market Exposures" framework, first announced on February 13. The RBI had come out with the guidelines after a consultative process, allowing domestic lenders to fund acquisitions. "On a review, based on further disc ...Read More >
Mumbai: The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following stakeholder feedback. The central bank stated that it has also revised the "Amendment Directions on Capital Market Exposures" framework, first announced on February 13. The RBI had come out with the guidelines after a consultative process, allowing domestic lenders to fund acquisitions. "On a review, based on further discussions with th ...Read More >
MUMBAI : The RBI said that the implementation of its new directions on capital market exposures for banks, which, among others, included acquisition finance, has been deferred by three months to July 1.These new directions were aimed primarily at:One of the most important parts of the guidelines was for allowing domestic lenders to fund acquisitions -- a practice prevalent in several developed markets.On Monday, RBI said that under the new definition of acquisition finance, the rules have been m ...Read More >
Hyderabad, March 30 (SocialNews.XYZ) The Telangana Assembly on Monday passed two key Bills - one aimed at ensuring social security for gig workers and the other to protect advocates. The Telangana Platform-Based Gig Workers (Registration, Social Security and Welfare) Bill, 2026, and the Telangana Advocates Protection Bill, 2026, were passed by the House by a voice vote. The Telangana Platform-Based Gig Workers (Registration, Social Security and Welfare) Bill, 2026, introduces a structured syst ...Read More >
New Delhi, March 30 (SocialNews.XYZ) Out of around 19.36 crore rural households in the country, around 15.82 crore (81.71 per cent households are reported to have tap water supply in their homes as on March 3, the Rajya Sabha was informed on Monday. The Minister of State for Jal Shakti V. Somanna, in a written reply, said that at the start of the Jal Jeevan Mission (JJM) - Har Ghar Jal in August 2019, only 3.23 crore (16.7 per cent of rural households were reported to have tap water connections ...Read More >
Mumbai: Kotak Mahindra Prime Limited (KMPL), a leading vehicle finance company and a subsidiary of Kotak Mahindra Bank Limited, has announced a leadership transition approved by its Board of Directors. The Board has appointed Mr. Suraj Rajappan as Managing Director & Chief Executive Officer for a term of three years, effective June 1, 2026, subject to approval of members. Mr. Suraj Rajappan began his career with Kotak Mahindra Prime Limited and brings 24 years of cross‑functional experience acr ...Read More >
Bhopal (Madhya Pradesh) [India], March 30 (ANI): Madhya Pradesh Chief Minister Mohan Yadav transferred incentive assistance of over Rs 169.57 crore to over 257 MSME units at a program themed 'Empowered MSMEs - Developed Madhya Pradesh' in the state capital here on Monday. CM Yadav also released the first instalment of grant assistance of over Rs 28 lakh for startups, handed over industrial land allocation letters to three entrepreneurs from Betul and Agar-Malwa, and distributed benefits under t ...Read More >
Bhopal (Madhya Pradesh) [India], March 30 (ANI): Madhya Pradesh Chief Minister Mohan Yadav transferred incentive assistance of over Rs 169.57 crore to over 257 MSME units at a program themed 'Empowered MSMEs - Developed Madhya Pradesh' in the state capital here on Monday. CM Yadav also released the first instalment of grant assistance of over Rs 28 lakh for startups, handed over industrial land allocation letters to three entrepreneurs from Betul and Agar-Malwa, and distributed benefits under t ...Read More >
New Delhi: The government on Monday left interest rates unchanged for various small savings schemes, including PPF and NSC, for the eighth straight quarter, beginning April 1, 2026. "The rates of interest on various Small Savings Schemes for the first quarter of FY 2026-27, starting from April 1, 2026, and ending on June 30, 2026, shall remain unchanged from those notified for the fourth quarter (January 1, 2026 to March 31, 2026) of FY 2025-26," the finance ministry said in a notification. As ...Read More >
Bhopal (Madhya Pradesh) [India], March 30 (ANI): Madhya Pradesh Chief Minister Mohan Yadav transferred incentive assistance of over Rs 169.57 crore to over 257 MSME units at a program themed 'Empowered MSMEs - Developed Madhya Pradesh' in the state capital here on Monday. CM Yadav also released the first instalment of grant assistance of over Rs 28 lakh for startups, handed over industrial land allocation letters to three entrepreneurs from Betul and Agar-Malwa, and distributed benefits under t ...Read More >
SEBI aims to ease accredited investor framework for wider access Securities and Exchange Board of India (SEBI) is exploring a "login and launch" framework for alternative investment funds (AIFs) that could enable faster scheme approvals by relying on merchant banker due-diligence certificates, SEBI chairman Tuhin Kanta Pandey said at the IVCA Conclave on Wednesday. The proposal is aimed at speeding up fund launches and improving ease of doing business for the fast-growing AIF industry while ma ...Read More >
Haryana chief minister Nayab Singh Saini informed the state assembly on Tuesday that the entire amount deposited with IDFC First Bank has been recovered, including interest, within 24 hours of the fraud coming to light. Making a statement on the floor of the House immediately after Question Hour, Saini said that by Monday evening, the bank had returned approximately ₹556 crore, which includes ₹22 crore in interest, to government accounts. "The entire amount has been deposited back into our ...Read More >
New Delhi [India], February 24 (ANI): The Small Industries Development Bank of India (SIDBI) on Tuesday unveiled the fifth round of its quarterly MSME Outlook Survey for the October-December 2025 quarter, highlighting sequential stability in MSME confidence despite persistent external risks. On financing conditions, the survey recorded an improving trend in access to credit. Optimism regarding working capital availability among manufacturing respondents rose to 46 per cent in the October-Decemb ...Read More >
Mumbai, Feb 24 (PTI) Up to 30 per cent of India's top-100 unlisted companies have the right business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday. None of these companies identified in the 'JM Financial' - Hurun India Unlisted Gems 2026' have formally announced IPO plans yet. "I think some of them could (list). I think around 25-30 per cent has a potential to get listed, but they don't have IPO plans announc ...Read More >
Shillong, Feb 23 (UNI) Meghalaya Chief Minister Conrad Sangma on Monday presented the state budget for the financial year 2026-2027 with a fiscal deficit of Rs 2,672 crore, which is around 3.5 per cent of the Gross State Domestic Product (GSDP). During the 2025-2026 budget estimates, the fiscal deficit was Rs 1,970 crore, and this year's deficit is increasing by Rs 702 crore. Presenting the budget for the year 2026-2027, Sangma, who holds the finance portfolio, informed the State Assembly that ...Read More >
MUMBAI, Feb 17: India is engaging with international partners more intensively and from a "position of strength", External Affairs Minister S Jaishankar said on Tuesday, citing a string of recent trade agreements as evidence of the country's growing economic clout. In an address at the Global Economic Cooperation conference, Jaishankar highlighted the successful negotiation of several high-profile deals, including a significant trade pact with the United States. The Global Economic Cooperation ...Read More >
MUMBAI: KRBL isn't just cooking rice, it's serving up a hearty profit platter even as some costs bubble over. The Delhi-based basmati giant reported consolidated profit after tax of Rs 169.97 crore for the quarter ended 31 December 2025, down slightly from Rs 172.11 crore a year earlier, despite a revenue dip. Revenue from operations stood at Rs 1,476.93 crore (down from Rs 1,681.90 crore), with other income Rs 24.62 crore, pushing total income to Rs 1,501.55 crore. Expenses totalled Rs 1,272.8 ...Read More >
One of BharatGen's most distinctive features is how it treats Indian languages New Delhi: As artificial intelligence redraws the global balance of power, India has quietly but decisively entered the foundational layer of this transformation. At the heart of this moment stands BharatGen, India's sovereign generative AI programme - built from the ground up for the country's languages, culture, governance needs, and societal realities. And behind BharatGen's rise lies a sustained, strategic push ...Read More >
Shimla, Feb 16 (PTI) In an unusual move, Himachal Pradesh Governor Shiv Pratap Shukla on Monday concluded his address to the state Legislative Assembly within two minutes, skipping a portion of the speech over what he termed as "comments on a constitutional institution". Speaking at the start of the Budget Session of the Assembly, the governor said he would not read paragraph 3 to 16 of the prepared speech. "I think there are comments on the constitutional institution from paragraph 3 to 16 an ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.