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Mumbai (Maharashtra) [India], September 29 (ANI): The Reserve Bank of India's Monetary Policy Committee (MPC) is expected to reduce the policy rates by 25 basis points (bps) in its policy announcement on Wednesday, according to a report by Union Bank of India. The report suggested that the downward trend in inflation has created room for such a move, and this cut is being seen as a "booster cut" from the RBI. It stated "Our baseline view is of a 25bps repo rate cut in this meeting. The view is ...Read More >
The accused have been identified as Karan Dalip Bothara and his wife Saumya Karan Bothara. The couple are now under police investigation following complaints of criminal conspiracy and breach of trust. According to the FIR filed by Lavtar Singh Bajaj, a 42-year-old liquor entrepreneur from Sarabha Nagar, Ludhiana, the dispute stems from a deal involving a Lexus LM350H 4S ultra luxury vehicle worth ₹2.52 crore. Bajaj alleged that he met the accused in Mumbai in June during a business visit. The ...Read More >
New Delhi [India], September 15: The loan comparison space gets a powerful upgrade in 2025 with the official launch of RightPaydays.com, a fast, secure, and user-friendly platform that allows consumers to compare payday loans, personal loans, and more in just one click. Designed to serve as a modern solution in the evolving digital lending landscape, RightPaydays.com puts borrowers in control by making it easier than ever to explore and compare loan options from trusted, licensed lenders. Also ...Read More >
Mumbai (Maharashtra) [India], September 15: L&T Finance Ltd. (LTF), one of the leading retail financiers in the country, has introduced its latest TV commercial (TVC), 'Just Zoom Two-wheeler Loans,' featuring its brand ambassador, Jasprit Bumrah. The campaign tagline 'Bumrah Ki Speed Par,' cleverly draws parallels between Bumrah's speed and precision with LTF's swift and seamless Two-wheeler financing. Also Read | Kannada Actor Upendra and His Wife Priyanka Upendra's Phones Hacked; Sandalwood C ...Read More >
Mumbai (Maharashtra) [India], September 15: L&T Finance Ltd. (LTF), one of the leading retail financiers in the country, has introduced its latest TV commercial (TVC), Just Zoom Two-wheeler Loans, featuring its brand ambassador, Jasprit Bumrah. The campaign tagline Bumrah Ki Speed Par, cleverly draws parallels between Bumrah speed and precision with LTF swift and seamless Two-wheeler financing. The TVC was strategically launched during the ongoing Asia Cup 2025 for maximum impact and reach. L&T ...Read More >
The rationalisation will not only reduce vehicle prices but also support MSMEs in the auto component supply chain, enhance logistics efficiency, and incentivise replacement of old, polluting vehicles with fuel-efficient models. The government's sweeping rationalisation of Goods and Services Tax (GST) rates for the automobile and road transport sector is set to make vehicles more affordable, strengthen manufacturing competitiveness, and generate large-scale employment, the Ministry of Road Transp ...Read More >
Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with customers and celeb ...Read More >
Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with customers and celeb ...Read More >
PRNewswire Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with custome ...Read More >
MUMBAI/NEW DELHI, Aug 26 (Reuters) - Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation. Indian exports will face U.S. duties of up to 50% - among the highest imposed by Washington - after President Donald Trump announced extra tariffs as punishment for New Delhi's purchases of Russian oil. The new duties will ...Read More >
Indian Renewable Energy Development Agency (IREDA) anticipates a revenue surge. The company aims for a 21% increase in revenue from operations, targeting Rs 8,200 crore this fiscal year. IREDA signed an MoU with the Ministry of New and Renewable Energy. The government set a revenue target of Rs 8,200 crore for fiscal year 2025-26. IREDA exceeded its previous revenue target. State-owned Indian Renewable Energy Development Agency (IREDA) on Monday said it is eying over 21 per cent growth in reven ...Read More >
New Delhi, Aug 25 (UNI) Indian Renewable Energy Development Agency Limited (IREDA) today signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) outlining certain targets for FY 2025-26. The MoU was signed by Santosh Kumar Sarangi, secretary, MNRE, and Pradip Kumar Das, CMD, IREDA. Senior officials of both MNRE and IREDA were present. The MoU includes certain key performance parameters for measuring performance such as Return on Net Wor ...Read More >
Mumbai, Aug 25 (PTI) The ED has arrested the director of a Pune-based real estate company from a five-star hotel in Mumbai along with Rs 9.5 lakh in cash and gold and diamond jewellery worth Rs 2.3 crore in a bank loan fraud case. Amit Ashok Thepade was taken into custody on Sunday from the hotel in south Mumbai, where he had been staying for the past two months. A special Prevention of Money Laundering Act (PMLA) court has sent him to ED custody for five days, the federal probe agency said in ...Read More >
New Delhi: First-time borrowers without a CIBIL score should not face outright rejection of loan applications, the government clarified in Parliament. Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha during the monsoon session that the Reserve Bank of India (RBI) has not prescribed any minimum credit score requirement for loan approval. RBI has advised banks and financial institutions not to reject applications solely due to lack of credit history. This enables new borrowe ...Read More >
New Delhi, Aug 25 (SocialNews.XYZ) Navratna public sector undertaking Indian Renewable Energy Development Agency Limited (IREDA) on Monday signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) to achieve a revenue from operations of Rs 8,200 crore during the financial year 2025-26. The IREDA had exceeded its Revenue from Operations target in FY 2024-25, achieving Rs 6,743.32 crore against the target of Rs 5,957 crore. The MoU also inc ...Read More >
NewsVoir Gurugram (Haryana) [India], August 25: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation's largest bank, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions ahead of the company's highly anticipated launch. Under the agreement, customers will enjoy tailored financing solutions, including attractive inter ...Read More >
Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sentiment makes the festive season the ideal time to invest in properties. Prospective homebuyers can also benefit from festive offers, such as special interest rates and slashed processing fees. To this end, Baj ...Read More >
VMPL Pune (Maharashtra) [India], August 20: In India, the period from August to November is considered auspicious because of the various festivals celebrated during this time, including Ganesh Chaturthi and Diwali. These festivals are believed to bring happiness and prosperity. This positive sentiment makes the festive season the ideal time to invest in properties. Prospective homebuyers can also benefit from festive offers, such as special interest rates and slashed processing fees. To this en ...Read More >
MUMBAI, India, Aug. 14, 2025 /PRNewswire/ -- IndoStar, a middle-layered non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter ended June 30, 2025 earlier today. During the quarter, the Company successfully completed the divestiture of its 100% subsidiary, Niwas Housing Finance Private Limited. Sale proceeds were received on July 17, 2025. Following completion, the Company has derecognized its investment in Niwas Housing Fin ...Read More >
Anil Ambani has been summoned by the Enforcement Directorate for questioning in connection with an alleged '17,000-crore loan fraud case. Searches were conducted at multiple locations linked to Reliance Group. SEBI shared findings of a probe into alleged diversion of '10,000 crore by Reliance Infrastructure to Reliance Group units through an undisclosed related party. The Directorate of Enforcement (ED) has summoned Anil Ambani, chairman and managing director of Reliance Group, for questioning ...Read More >
New Delhi, Aug 3 (PTI) PC Jeweller Ltd has reduced its net debt by 19 per cent in the last four months to Rs 1,445 crore on higher sales and will become debt-free by the end of this fiscal, the company's MD Balram Garg said. Delhi-based PC Jeweller has 52 showrooms, of which 49 are company-owned, across major cities of the country. "We have repaid bank loans worth Rs 335 crore during April-July period of this fiscal," Garg told PTI. The net debt has come down to Rs 1445 crore at the end of Ju ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan An ...Read More >
New Delhi, Aug 1: The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning on August 5 in a money laundering case linked to an alleged bank loan fraud worth crores of rupees against his group companies, official sources said on Friday. The federal probe agency has also notified a Look Out Circular (LOC) against the 66-year-old businessman to stop him from travelling abroad, the sources said. He has been asked to depose at the ED headquarters in Delhi on Augu ...Read More >
Mumbai: The Enforcement Directorate (ED) has issued a Look Out Circular (LoC) against Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), in connection with its ongoing probe into an alleged Rs 17,000-crore bank loan fraud case. The LoC was issued on Friday at the request of the federal financial probe agency to prevent Ambani from leaving the country without prior clearance, senior officials confirmed. Ambani Summoned in ₹17,000 Crore Bank Fraud Investigation The ED has summoned ...Read More >
Rohan Saldanha's mansion was filled with concealed staircases, underground corridors, and hidden rooms, all designed to help him evade arrest while running a multi-crore loan scam In a dramatic midnight raid, Mangaluru Police arrested 45-year-old Rohan Saldanha, a conman from the Jepinamogaru area, who allegedly defrauded ultra-wealthy businessmen and industrialists of hundreds of crores through a web of fake loans and real estate deals. Police say the scam may have touched Rs 500 crore, possib ...Read More >
New Delhi [India], July 15 (ANI): A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to revolutionise cargo transportation within port ecosystems by implementing Nevomo's proprietary MagRail technology. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Mi ...Read More >
New Delhi, Jul 15 (PTI) Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, the company said in a statement. Also Read | Bodoland Lottery Result Today, July 15, 2025: Assam State Lottery Sambad T ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The government on Tuesday urged parents and guardians to update their children's Aadhaar biometrics who have reached age seven. The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such ...Read More >
New Delhi, Jul 15 (PTI) Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, the company said in a statement. The NBFC saw its profit after tax increase by 21.72 per cent year-on-year to Rs 380 cr ...Read More >
New Delhi, July 15 (SocialNews.XYZ) India's passenger vehicle sales crossed the one million mark in the April-June quarter (Q1) of 2025-26 with exports registering a double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. "Passenger Vehicles, comprising utility vehicles and cars, saw their highest ever exports in Q1 of 2025-26 of 2.04 Lakh units, registering a growth of 13.2 per cent over Q1 of 2024-25," according to the SIAM statemen ...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.