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Bengaluru: Vipan Joshi, chief financial officer at Aakash Educational Services Ltd, has resigned effective 31 October, two people aware of the development said, adding to a leadership churn as the company proceeds with a rights issue. Joshi tendered his resignation about six months earlier, they said. A spokesperson for Aakash confirmed on a call on Tuesday that Joshi had stepped down. Mint reached out to Joshi through calls and text messages but he did not respond. Joshi said in a post on Lin ...Read More >
As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. Commercial vehicle maker Ashok Leyland on Monday said it has inked a pact with Punjab National Bank for dealer finance. As per the Memorandum of Understanding (MoU), the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers, it said in a statement. The ...Read More >
Chennai, Nov 3 (UNI) CV makers Ashok Leyland, the Indian flagship of the Hinduja Group, signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) for dealer financing. Under this partnership, the Bank will provide competitive dealer finance options to the Medium and Heavy Commercial Vehicle (MHCV) dealers of Ashok Leyland. The MoU was signed by K. M. Balaji, Chief Financial Officer, Ashok Leyland, and Amitabh Rai, General Manager, PNB in the presence of senior officials from b ...Read More >
Gandhinagar (Gujarat) [India], October 31 (ANI): Chief Minister Bhupendra Patel flagged off the 'Sardar@150 Unity March' organised by the Ahmedabad Municipal Corporation to mark the 150th birth anniversary of Sardar Vallabhbhai Patel. On this occasion, he offered floral tributes to the statue of Sardar Vallabhbhai Patel and paid heartfelt homage to the Iron Man of India, the architect of a united and integrated nation, on his 150th birth anniversary. He stated that under the leadership of Prime ...Read More >
Thiruvananthapuram, Oct 31 (PTI) The Kerala government on Friday ordered an enhancement of the DA for teaching staff under the UGC, AICTE, and medical education schemes, and the DR for UGC pensioners and family pensioners in the state. The finance department said the rate of Dearness Allowance payable to teaching staff under these schemes, who shifted to the revised scale from January 2016 or later, will be increased from 42 per cent to 46 per cent. It also said that the DA rate for teaching s ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy, along with IT Minister D. Sridhar Babu, will inaugurate the McDonald's global capability centre (GCC) in Hyderabad on Wednesday, its largest GCC outside the US. The GCC will house global teams across corporate functions such as finance, HR, sourcing, data analytics and AI & technology. The opening is set to further strengthen Hyderabad's position as a major global technology hub. Located in RMZ Nexity in Hitec City, the new office spans four floors an ...Read More >
New Delhi, Oct 28 (PTI) India's services sector employs nearly 30 per cent of the country's workforce, which is still lower than the global average of 50 per cent, reflecting a slower structural transition, NITI Aayog said in a report on Tuesday. The Aayog, in a report titled 'India's Services Sector: Insights from Employment Trends and State-Level Dynamics', further said that services remain the mainstay of India's employment growth and post-pandemic recovery, but challenges persist. "Service ...Read More >
New Delhi, Oct 28 (PTI) Fintech firm BankBazaar.com on Tuesday said its total income has crossed the Rs 250 crore mark and turned positive at the operating level in 2024-25. The firm's topline was Rs 188 crore in the previous fiscal. The company closed FY25 on a strong note with audited operating revenue of Rs 254 crore and Adjusted EBITDA Profit of Rs 4 crore, BankBazaar.com said in a statement. The co-branded credit card business continues to be a key growth driver, generating recurring rev ...Read More >
Jana Small Finance Bank's application to become a universal bank has been returned by the Reserve Bank of India due to non-fulfilment of criteria. While the exact reasons are yet to be clarified, the bank plans to rectify issues and reapply. This setback postpones plans to reduce funding costs, though daily operations remain largely unaffected. Mumbai, Jana Small Finance Bank on Tuesday said the Reserve Bank of India (RBI) has returned its application to become a universal bank due to non-fulfi ...Read More >
The ISA will launch the Africa Solar Facility, a $200 million programme focusing on distributed renewable energy and serving as its first financial product for risk mitigation.During the 8th Assembly of the International Solar Alliance (ISA) in New Delhi from October 27 to 30, delegates from all 124 member countries are expected to visit South Asia's first distribution storage site in India's national capital. The ISA will launch the Africa Solar Facility, a $200 million programme focusing on d ...Read More >
Mumbai (Maharashtra) [India], October 28 (ANI): The Reserve Bank of India (RBI), on behalf of the Government of India, has announced the sale (re-issue) of four dated Government Securities for a total notified amount of Rs 32,000 crore.The auction is scheduled to be held on October 31, 2025 (Friday), while the settlement will take place on November 3, 2025 (Monday).According to the official statement by the RBI, the auction will include four Government Securities with varying maturities and coup ...Read More >
Mumbai: The Securities and Exchange Board of India (Sebi) plans to raise the threshold for identifying high value debt listed entities (HVDLEs) to ₹5,000 crore from the existing ₹1,000 crore. The move is aimed at reducing the compliance burden for such companies. Sebi said the move would reduce the number of HVDLEs from 137 to 48 entities, effectively bringing down around 64 entities from the current threshold. Corporate governance norms were introduced for HVDLEs in September 2021. These norm ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP is staging a remarkable rebound, rising from early October lows of $1.77 to over $2.60, even as the U.S. Securities and Exchange Commission (SEC) prolongs its review of pending XRP ETF filings. The delays have sparked mixed market sentiment, yet XRP's trading volume and technical setup indicate growing bullish momentum. Over the weekend, XRP surged to $2.68, breaking critical ...Read More >
Mumbai (Maharashtra) [India]October 27 (ANI): Prime Minister Narendra Modi will visit the Indian Maritime Week (IMW) 2025 on October 29, where he will visit exhibition centers and experience zones before addressing a global gathering, Union Minister for Shipping, Ports and Waterways Sarbananda Sonowal said on Monday. The historic maritime event, inaugurated by Union Home Minister Amit Shah, attracted participation from over 85 countries, with participation of over 350 speakers from across the w ...Read More >
India's economy is experiencing a robust boost from GST 2.0 and the festive season, with stronger consumption, increased sales across sectors, and improved consumer sentiment. Lower GST rates are driving demand and job creation, while high-frequency indicators show significant improvements, leading to upward GDP growth forecasts from the IMF and RBI. New Delhi, The rollout of GST 2.0 has started showing a positive impact on India's economy, with stronger consumption trends, higher sales across ...Read More >
New Delhi, Oct 27 (PTI) Markets regulator Sebi on Monday proposed to allow debt issuers to offer incentives in public issues to certain categories of investors, including senior citizens, women and retail subscribers, to encourage greater retail participation in the bond market and revive interest in public debt issuances. Currently, Regulation 31 of the Sebi (Issue and Listing of Non-Convertible Securities) Regulations, 2021 prohibits any person connected with an issue from offering incentives ...Read More >
New Delhi: President Droupadi Murmu would share the nation's vision for solar power-led development and 'One World, One Sun, One Grid' in her address at the 8th Session of the International Solar Alliance (ISA) Assembly on Tuesday at Bharat Mandapam, a statement said on Monday. This would mark the first-ever address by the President of India to the ISA Assembly that underscores India's commitment to ISA's leadership in advancing global solar energy cooperation and its founding vision of "One Wo ...Read More >
New Delhi [India], October 27 (ANI): The President of India Droupadi Murmu paid floral tribute to India's former President K.R. Narayanan on his birth anniversary at Rashtrapati Bhavan on Monday. Additionally, the Chief Minister of Punjab, Bhagwant Mann, met with President Droupadi Murmu at the Bhavan. The Lt. Governor of Delhi, Vinai Kumar Saxena, also met the president at Rashtrapati Bhavan. Meanwhile, President Droupadi Murmu will deliver the keynote address at the eighth session of the Int ...Read More >
New Delhi [India], October 27 (ANI): Despite United States imposing higher tariffs on India in August, the Indian economy gained momentum in the second quarter (July-September) of the current financial year, according to the Department of Economic Affairs' (DEA), finance ministry's monthly economic review. The report highlighted that against a global backdrop characterised by economic and trade policy uncertainty, India's economy continued to strengthen in Q2 FY26. Also Read | IND vs SA 2025: ...Read More >
India's economic growth is projected to remain steady in the latter half of the fiscal year, driven by robust domestic consumption and increased government capital expenditure. Despite global trade uncertainties and US tariffs, internal demand provides stability, with festive sales expected to reach a record high. The RBI's measures to ease credit flow further support economic resilience. India's economic growth in the second half of the current financial year is expected to remain steady, with ...Read More >
New Delhi: A 25-year-old man was arrested on Saturday for duping his father of ₹26.32 lakh by creating a new UPI ID from the father's phone number and making multiple online purchases over four months, police said. According to police, the accused Shivam Sharma is a former corporate employee and is the victim's son from his second marriage. Sharma purportedly felt alienated after the man, 68, handed over his Azadpur Mandi parking business to his son from the first marriage. Deputy commissioner ...Read More >
Hyderabad: District education officers (DEOs) and DIET principals were briefed on digital applications being implemented by the school education department. At the programme conducted under the guidance of school education director Dr Naveen Nicholas, officials explained in detail the functioning of the applications such as FLN, UDISE-Plus and the facial recognition system (FRS). Dr Nicholas noted the successfully completing the FRS in government schools. Schools showing the highest rates were h ...Read More >
New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 m ...Read More >
New Delhi: The Congress on Saturday alleged that the government drafted and pushed through a proposal to invest ₹33,000 crore of Life Insurance Corporation (LIC) funds in various Adani Group companies in May 2025 in order "to signal confidence in the Adani Group" and to "encourage participation from other investors". Citing a media report, the party also asked "under whose pressure" did the officials of the ministry of finance and Niti Aayog "decide that their job was to bail out a private comp ...Read More >
NEW DELHI: The Delhi government on Friday announced the transfer and posting of many senior IPS officers in key areas, including crime, intelligence, vigilance, traffic, and special units. Restoring a unified command structure for traffic management in Delhi after nearly five years, 1994-batch IPS officer Neeraj Thakur has been appointed Special CP (Traffic), says an official notification. While Devesh Chandra Srivastava got additional charge of perception management and media cell division, A ...Read More >
New Delhi (ABC Live): In 2025, Southeast Asia sits at the crossroads of global commerce and great-power competition. The Association of Southeast Asian Nations (ASEAN) -- ten member states plus Timor-Leste awaiting full admission -- anchors a market of ≈ 680 million people and a US$3.7 trillion GDP. For over a decade, ASEAN's success has depended on balancing its two dominant partners: Yet the bloc's 2025 chair, Malaysia, has deliberately adopted the theme "Inclusivity and Sustainability", si ...Read More >
Department for Promotion of Industry and Internal Trade (Source: DPIIT website) New Delhi [India], October 23 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT), Commerce and Industry Ministry, has signed a Memorandum of Understanding (MoU) with Primus Partners Pvt Ltd. to enhance collaboration towards strengthening India's startup and innovation ecosystem. The ministry said in a release that the partnership seeks to enhance support for early-stage and growth-stage prod ...Read More >
LUCKNOW, Oct 22: A political row erupted on Wednesday after Uttar Pradesh Chief Minister Yogi Adityanath urged people to check for "halal certification" on products before purchasing them, reiterating his government's stand against such certifications in the state. Adityanath on Tuesday said that his government had banned halal-certified items in Uttar Pradesh as the profits from such sales were being used for conversion, love jihad and terrorism. The CM urged people to buy indigenous products ...Read More >
Hyderabad: A 65-year-old worker was bludgeoned to death allegedly by his son, plumber, near a lake at Muraharipalli near Medchal on Tuesday night. The victim was identified as Mohammed Nizamuddin, a native of Achaipalli village in Mulugu.On Wednesday, locals alerted the Medchal police about an unknown person lying dead near Muraharipalli tank behind Prajay Waterfront apartment. "Through our local inquiries, the victim's identity was established. The victim sustained multiple injuries on the fore ...Read More >
He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors. He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. In a social media post, ...Read More >
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