Stay updated with the latest finance news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on finance topics.
Global hospitality company Hilton has signed an agreement to open its namesake brand hotel in Chennai, Tamil Nadu, marking the group's expansion in the southern part of India. Hilton's new Chennai hotel will be located in Egmore and be developed in partnership with MKR Estate Developers, a part of MGM Healthcare Group. The company expects the hotel to begin operations in January 2029. This opening will add to Hilton's existing presence in the city, which already includes Hilton Chennai. Hilt ...Read More >
India's gem and jewellery exports have seen an uplift in September and during the first half of the fiscal year, driven largely by increased demand during the festive and wedding period. Key markets such as the UAE, Hong Kong, and the UK reflect promising growth trends. Mumbai, The overall gems and jewellery exports rose by 6.55 per cent in September to USD 2,914.29 million (Rs 25,737.50 crore) despite global headwinds as festive and wedding season demand gains momentum, the Gem and Jewellery E ...Read More >
PNNNew Delhi [India], October 14: As India continues to surge forward as a global economic powerhouse, a new generation of companies is rewriting the rules of innovation, impact, and enterprise. From AI-integrated healthcare and futuristic vehicle management to affordable PR and quantum healing, these 10 dynamic ventures are not just building businesses -- they're shaping entire ecosystems. Representing a wide range of sectors including wellness, technology, finance, education, and digital marke ...Read More >
Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI State Bank of India's (SBI's) chairman CS Setty on October 8 said that the lender is working on the simplification of Know Your Customer (KYC) and re-KYC and will engage with the regulators and the government. "We are working on that, the simplification of KYC processes. Even if it means that we need to engage with the regulators and the government, we are taki ...Read More >
RBI Governor Sanjay Malhotra addressed the Global Fintech Fest 2025, urging India's nearly 10,000 fintech entities to responsibly innovate, serve the underserved, and embed data protection to help India become a developed nation by 2047. Reserve Bank of India (RBI) Governor, Sanjay Malhotra, urged fintechs to leverage India's digital public infrastructure to serve the underserved, innovate responsibly, and shape global digital finance. In his address at the Global Fintech Fest 2025 in Mumbai on ...Read More >
The Indian Gig Workers Forum, which represents thousands of drivers, has accused the transport minister and senior officials of colluding with private app-based companies such as Ola, Uber, and Rapido. Keshav Kshirsagar, president of the forum, alleged, "Ola, Uber, and Rapido have been allowed to operate arbitrarily across the state. Instead of taking action against these companies for violating fare guidelines, the minister is accepting sponsorships from them and supporting their operations. C ...Read More >
Mumbai: Commerce and Industry Minister Piyush Goyal on Wednesday said that no power on earth can stop India from becoming a developed nation by 2047, with the government taking a series of initiatives to promote the domestic economy, build infrastructure and expand global trade. Speaking at the 6th edition of the Global Fintech Fest (GFF) 2025 here, the Minister also said that the world now looks upon India with trust and confidence as the country guarantees high-quality talent, skill, goods an ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday asked fintech firms to design products that are easy to use and accessible to all to help India achieve financial inclusion and become a developed nation by 2047. Addressing the Global Fintech Fest 2025 here, Malhotra also flagged the issue of growing digital frauds and made a strong case for making efforts to curb the menace. Quoting Apple founder Steve Jobs, Malhotra said, "Get closer than ever to your customers, so close that you tel ...Read More >
Chennai: SaaS major Zoho has deepened its focus on fintech with new payment solutions and point-of-sale devices targeting collections and disbursements.Zoho launched POS and QR devices, soundboxes, and a range of payment solutions, including payout capabilities, virtual accounts for collections, and marketplace settlements.Zoho aims to leverage its existing strengths in ERP, accounting, and payroll software. Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies and global head of finance an ...Read More >
New Delhi, Oct 7 (Prensa Latina) Commerce and Industry Minister Piyush Goyal, who concludes his visit to Doha, and his counterpart Sheikh Faisal bin Thani bin Faisal Al Thani, agreed to boost an ambitious India-Qatar comprehensive economic partnership. Both ministers agreed to work on the first day of the joint trade commission, being held in Doha, the capital of Qatar, to analyze new actions to boost bilateral trade. The meeting focused on strengthening bilateral trade and investment ties, ad ...Read More >
Mumbai: Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.Currently foreign currency transactions usually get settled with a lag of 36 to 48 hours. Speaking at the Global Fintech Fest 2025, the finance minister said with the operationalisation of the foreign currency settlement system, GIFT City joins a select list of fina ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy has directed officials to commence implementation of the Musi River Development Project from December. The Chief Minister held a review meeting with senior officials on the first phase of the project. It was noted that the initial phase will require Rs.5,641 crore, covering the development of 493 acres of land. The government plans to finance the project primarily through loans, along with other funding sources. The Asian Development Bank (ADB) has gi ...Read More >
Mumbai: Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance. Currently foreign currency transactions usually get settled with a lag of 36 to 48 hours. Speaking at the Global Fintech Fest 2025, the finance minister said with the operationalisation of the foreign currency settlement system, GIFT City joins a select list of fin ...Read More >
New Delhi, Oct 6 (Prensa Latina) Indian Minister of Commerce and Industry Piyush Goyal traveled to Doha to co-chair the meeting with Sheikh Faisal bin Thani bin Faisal Al Thani, his Qatari counterpart, on trade and to discuss new actions to boost bilateral trade. Goyal's visit underscores the importance India places on its trade and investment ties with Qatar, one of the most important trading partners in the Gulf Cooperation Council (GCC), with bilateral trade estimated at more than US$14 bill ...Read More >
New Delhi [India], October 2 (ANI): Mahindra & Mahindra Ltd. marked its 80th Founders' Day on Thursday, paying tribute to the vision of its founders, J.C. Mahindra and K.C. Mahindra, who established the company on October 2, 1945. According to a Mahindra & Mahindra Ltd. press release, the story of Mahindra began even before India's independence. In 1945, as the world emerged from war and uncertainty, the company placed an advertisement in a media outlet. Rather than promoting products, the ad m ...Read More >
New Delhi [India], October 1 (ANI): Defence Minister Rajnath Singh on Wednesday highlighted the contribution of the Defence Accounts Department (DAD) during Operation Sindoor, saying that it ensured efficient resource utilisation, financial management and war preparedness during the conflict. Addressing the 278th Foundation Day of the DAD in New Delhi, the Defence Minister said, "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive vic ...Read More >
Chandigarh, Oct 1 (PTI) A delegation of the Punjab Congress on Wednesday met Governor Gulab Chand Kataria here and urged him to withhold assent to the Punjab Town Improvement (Amendment) Bill, 2025, claiming that it "undermines the very spirit of the Improvement Trusts and raises serious constitutional concerns". The Punjab Assembly on September 29 had passed the Punjab Town Improvement (Amendment) Bill, 2025. At that time, Local Government Minister Dr Ravjot Singh said the motive of this Bill ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object i ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) The Lok Sabha has constituted a select committee to examine the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, and senior MP Baijayant Panda has been appointed as its Chairperson. The 24-member panel comprises a diverse mix of lawmakers from across parties, including Supriya Sule, Mahua Moitra, Karti P Chidambaram, Biplab Kumar Deb, and Dr CN Manjunath, among others. The Insolvency and Bankruptcy Code (IBC), enacted in 2016, is a landmark reform aimed ...Read More >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the su ...Read More >
New Delhi [India], October 1 (ANI): The Asian Development Bank (ADB) has approved a USD 190 million loan to support the development of the Indore Metro Rail Project, a transformative initiative aimed at enhancing urban mobility, reducing pollution, and promoting inclusive growth in Madhya Pradesh, as per a company press release. 'The project will finance the construction of an 8.62-kilometre underground metro line with seven stations, connecting congested areas of Indore to the airport. Designe ...Read More >
New Delhi, Oct 1 (PTI) Defence Minister Rajnath Singh on Wednesday listed the broad contributions of the Defence Accounts Department (DAD) in the successful conduct of Operation Sindoor as he highlighted its silent yet crucial role in ensuring efficient financial management and war preparedness. In an address at an event, Singh commended the DAD for its "historic legacy" and continuing role as the financial backbone of India's armed forces. "While the entire world witnessed the valour and cour ...Read More >
Mumbai, Oct 1 (PTI) The Reserve Bank on Wednesday proposed to raise the lending limit for banks against shares to Rs 1 crore and for IPO financing to Rs 25 lakh per person, a move that will increase the availability of credit to investors. Currently, banks can lend up to Rs 20 lakh against shares and Rs 10 lakh towards IPO financing. Unveiling the bi-monthly monetary policy, RBI Governor Sanjay Malhotra also proposed to provide an enabling framework for Indian banks to finance acquisitions by ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Defence Minister Rajnath Singh on Wednesday lauded the "silent, yet crucial role of Defence Accounts Department (DAD)" during the Operation Sindoor, which ensured "efficient resource utilisation, financial management and war preparedness". Speaking during the celebrations of the 278th Foundation Day of the DAD in New Delhi, the Defence Minister commended the Department for its historic legacy and its continuing role as the financial backbone of India's Armed Fo ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensur ...Read More >
Mumbai: In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates. This has been a long-pending demand of Indian banks. Recently, the State Bank of India Chairman C S Setty also made a strong case for permitting banks to provide funding for mergers and acquisitions, as done by global lenders. "To start with, we will make a formal request from the IBA (to the RBI)... at least start with ...Read More >
Mumbai, Oct 1 (PTI) Amid intense speculation over Tata Sons' perceived non-compliance with the RBI's mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled. The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by September 30 this year. In response, Tata Sons had last year applied to surrender its core investment company (CIC) registr ...Read More >
New Delhi: With the RBI choosing to keep the repo rate steady at 5.5 percent, there's a mix of relief and realism across industries. For homebuyers, it means no change in EMIs is a kind of welcome sign, especially during the festive season. But real estate experts caution that this alone won't solve deeper affordability issues. On the other hand exporters, particularly small engineering firms are feeling the squeeze from global trade tensions and are calling for more support. From cement GST cut ...Read More >
Mumbai, October 1: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said. As a calib ...Read More >
MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard, " RBI Governor Sanjay Malhotra said. As a calibrated ste ...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.