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NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...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 >
Mumbai: Former HDFC Bank part-time chairman and independent director Atanu Chakraborty has revealed that his resignation on March 18 was driven by ethical concerns, not personal conflicts. Speaking to CNBC-TV18 on March 30, he clarified that the decision was based on a difference in understanding of values and ethics. Concerns Over Governance and Systems Chakraborty raised serious questions about the bank's governance practices. He said independent directors are responsible not just for review ...Read More >
Mumbai, Dec 17 (PTI) Markets regulator Sebi on Wednesday approved a comprehensive overhaul of mutual fund regulations, including changes to the expense ratio framework and limits on brokerage charges, to boost transparency. The proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. In its board meeting, Sebi has cleared a proposal to exclude all statutory levy -- STT (Securities Transaction Tax), GST (Goods and Services Tax), CTT (Commodity ...Read More >
Mumbai, December 17, 2025: In a strategic move to enhance banking for Non-Resident Indians (NRIs), IDFC FIRST Bank has announced the launch of its 'IDFC FIRST Global Savings Account in USD and Euro' through the GIFT City branch in Gujarat. This innovative product aims to redefine how NRIs manage their finances by offering an account that facilitates operations in foreign currencies. Notable features include zero remittance fees, attractive interest rates, and seamless digital transfers worldwid ...Read More >
Prime Minister Narendra Modi extended Diwali greetings, highlighting the eradication of Naxalism and Maoist terrorism as a key achievement. He also noted the 'GST Bachat Utsav' boosting consumption and India's emergence as a symbol of stability amid global uncertainties. Modi urged citizens to embrace Swadeshi products and a healthy lifestyle through yoga and diet. Prime Minister Narendra Modi on Tuesday addressed a letter to the Indian citizens wishing Deepavali as the nation celebrates one of ...Read More >
JAMMU, Oct 17: Life Insurance Corporation of India (LIC), the country's largest life insurer today announced the launch of two new insurance products 'Jan Suraksha' and 'Bima Lakshmi' Plans in a function held here today. The plans were launched by R Doraiswamy, CEO & MD, Life Insurance Corporation of India (LIC). The new plans are available for sale from October 15, 2025. These launches align with LIC's continued focus on strengthening its product portfolio and catering to the evolving protec ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 2 ...Read More >
PNN Mumbai (Maharashtra) [India], September 30: As the festive spirit builds across the state, families are preparing their homes for Dussehra with vibrant decor, pujas, and gatherings. While lighting diyas, cooking festive meals, and hosting loved ones bring joy, these activities can also contribute to rising indoor pollution, especially in urban homes. This year, Dussehra offers on electronics are helping families make smarter, health-focused choices. Many are opting to buy air purifiers on ...Read More >
VIJAYAWADA: In a bid to ensure the benefits of GST 2.0 reach every household, the Andhra Pradesh government has launched a comprehensive awareness campaign titled 'Super GST - Super Savings'. The initiative aims to educate citizens about the benefits of GST reforms through a series of awareness programmes across the State. During a video conference at his camp office on Monday, Chief Minister Nara Chandrababu Naidu reviewed the GST 2.0 campaign's progress with the Cabinet Sub-Committee, direct ...Read More >
Greater Noida: The third edition of the Uttar Pradesh International Trade Show (UPITS 2025) concluded on Monday with a grand closing ceremony. Union Commerce and Industry Minister Piyush Goyal, the chief guest on the final day, congratulated the Uttar Pradesh government on the event's resounding success. He noted, "UPITS reflects the economic, industrial, and cultural potential not only of the state but of India as a whole." He urged a collective commitment to promote indigenous products, encour ...Read More >
Vijayawada: A major awareness campaign on the benefits of GST 2.0 reforms will be held in Andhra Pradesh on September 30 and October 1, with a special focus on farmers and allied sectors. District, mandal and RSK-level seminars, tractor rallies, and farm machinery exhibitions are being organised to explain the extensive tax relief measures. Director of agriculture Dilli Rao said on Sunday that under the new GST policy, effective from September 22, the tax rate on fertilisers, pesticides, micron ...Read More >
Mumbai : As the world celebrates pharmacists today, Zeno Health reveals the quiet truth about who India really trusts when it comes to their health. Based on a survey of over 500 pharmacists across Mumbai, Pune, and Nashik, the report shows that, beyond doctors, pharmacists stand at the intersection of trust, clarity, and affordability. This year's global theme by the International Pharmaceutical Federation (FIP) "Think Health, Think Pharmacist", couldn't be more timely. In a country where chro ...Read More >
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especially in the small and medium segments, thereby encouraging first-time buyers and expanding household mobility. * This makes them more accessible for first-time buyers and enhances mobility for households. * ...Read More >
New Delhi [India], September 26: Durga Puja is more than just a festival, it is an emotion and a celebration of homecoming, togetherness, and new beginnings. As families prepare for Pujo 2025 with pandal hopping, festive feasts, and traditional rituals, it is also the perfect time to upgrade your home. Be it hosting loved ones or managing the festive hustle, having a new washing machine by your side can truly lighten the load and make life easier. This Durga Puja, Bajaj Finserv brings you the b ...Read More >
NewsVoir Bengaluru (Karnataka) [India], September 15: Flipkart, India's homegrown e-commerce marketplace, has officially announced the dates for its blockbuster annual shopping festival, The Big Billion Days (TBBD) 2025, starting 23rd September, with 24 hour early access for Flipkart Black and Plus members beginning on 22nd September. With 'Early Bird Deals', customers can shop for their favorite products at The Big Billion Days Sale prices before it officially begins and can access deals acros ...Read More >
In early trade today, several stocks experienced declines, with SBI leading the losses on the Nifty 50. At 09:30 am, SBI was trading at Rs 820.70, a 0.36% fall from its previous close. Other notable losers included SBI Life Insurance and Titan Company. SBI Life Insurance was trading at Rs 1,809.80, down by 0.24%. Titan Company was also down, trading at Rs 3,579.10, which represents a 0.14% decrease. Bajaj Finserv and TATA Cons. Prod experienced similar declines. Here's a detailed look into the ...Read More >
Excelsior Correspondent MUMBAI, Sept 12: Buoyed by a significant surge in operating profit, the Bombay Mercantile Cooperative Bank unveiled a series of new initiatives including innovative loan products and strategic deployment of surplus funds to propel its growth trajectory to new heights. At the 88th Annual General Meeting (AGM) today, Chairman Zeeshan Mehdi addressed stakeholders, highlighting the Bank's strong financial performance for the Financial Year 2024-25. The Bank's operating pro ...Read More >
Mumbai (Maharashtra) [India], May 16 (ANI/PRNewswire): Tata AIA Life Insurance (Tata AIA Life), one of India's leading Life Insurance Companies, has introduced a more powerful version of its flagship annuity (guaranteed income for life) plan, Tata AIA Life Fortune Guarantee Pension. The new version includes some critical improvements, including higher annuity rates and death benefits, making it a must-have for the consumers to live financially independent and worry-free in their golden years. L ...Read More >
SRINAGAR, India (AP) -- Flash floods caused by torrential rains in a remote village in Indian-controlled Kashmir have left at least 37 people dead, authorities said Thursday, as rescue teams scouring the devastated Himalayan village brought at least 150 people to safety. Following a cloudburst in the region's Chositi village, which triggered floods and landslides, disaster management official Mohammed Irshad estimated that at least 50 people were still missing. India's deputy minister for scie ...Read More >
Policy designed to adjust with changing life circumstances By Jonalyn Cueto Indian insurer SBI Life Insurance announced Tuesday the launch of Smart Shield Plus, a term life insurance plan that includes coverage options designed to adjust with policyholders' changing financial situations. In a statement, the insurer has described the product as an "individual, non-linked, non-participating, pure risk life insurance" offering that provides three plan structures: Level Cover, Increasing Cover, a ...Read More >
Mumbai, August 4, 2025: As of June 2025, as per industry data the Indian mutual fund (MF) industry stands at an AUM of ₹74.40 lakh crore, marking more than a sevenfold growth over the past decade. Equity commands the largest share at 59.94%, followed by debt at 26.53%, hybrid at 8.28%, and other categories accounting for 5.26%. A key development in the industry has been the steady rise of passive investing, which now accounts for approximately 17% of total AUM. While active funds continue to do ...Read More >
Tura (Meghalaya), Aug 4 (PTI) An official of the Meghalaya Agriculture Department was swept away by strong currents of the Ganol River in West Garo Hills district while attempting to cross the water body during a family picnic, police said on Monday. The missing official, identified as Teseng M Sangma, was posted at Ampati in South West Garo Hills district and resided in staff quarters near Dolampong in Araimile police station area in Tura. Teseng had gone to Sella Wari near Ganol River for a ...Read More >
THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports t ...Read More >
New Delhi: State-owned Bank of Maharashtra (BoM) on Tuesday reported a 23 per cent increase in net profit to Rs 1,593 crore during the first quarter, aided by a decline in bad loans and improvement in interest income. The Pune-based lender had posted a net profit of Rs 1,293 crore in the April-June period of the previous year. Total income in the quarter under review rose to Rs 7,879 crore from Rs 6,769 crore in the same period a year ago, BoM said in a regulatory filing. Interest earned by t ...Read More >
NEW DELHI (AP) -- Hundreds of thousands of workers across India went on a nationwide strike on Wednesday in opposition to Prime Minister Narendra Modi's efforts to privatize state-run companies and other economic reforms, partially disrupting public services and manufacturing. A coalition of 10 major trade unions that represent laborers and several other groups that speak for farmers and rural workers called for the one-day industrial action, dubbing it Bharat Bandh," Hindi for "Shut Down India ...Read More >
VMPL New Delhi [India], July 9: If you're a young professional in your 20s or early 30s, life is full of exciting firsts, your first salary, first investment, maybe even your first big purchase. Financial independence gives you the power to live on your terms. But it also brings new responsibilities, and that's where life insurance steps in. Many people believe insurance is something to consider later in life. But the truth is, the best time to buy life insurance is right now, when you're youn ...Read More >
New Delhi [India], July 9: If you're a young professional in your 20s or early 30s, life is full of exciting firsts, your first salary, first investment, maybe even your first big purchase. Financial independence gives you the power to live on your terms. But it also brings new responsibilities, and that's where life insurance steps in. Also Read | Bihar Tragedy: Father-Son Duo Among 3 Asphyxiate to Death While Cleaning Septic Tank of Their House in Samastipur. Many people believe insurance is ...Read More >
Chandigarh, June 26 (SocialNews.XYZ) The Punjab Cabinet, led by Chief Minister Bhagwant Mann, on Thursday, approved significant amendments to the state's conversion policy, enabling the conversion of industrial plots into hospitals, hotels, industrial parks, and other permitted purposes. A spokesperson for the Chief Minister's Office said that earlier conversion policies were introduced in 2008, 2016, and 2021. However, industrial associations had raised concerns about certain restrictive cond ...Read More >
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