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TREND | 07 Mar 2025

Jana Small Finance Bank shares zoom 12% on getting AD-I licence from RBI

Business Standard

Under Section 10 of Foreign Exchange Management Act (FEMA), the RBI has the power to regulate foreign exchange transactions and authorise specific financial institutions to act as intermediaries

RBI Asks Internal Auditors To Verify Lender Compliance With Gold Loan Circular

NDTV Profit | 07 Mar 2025 9 more

Indian Economy

TREND | 07 Mar 2025

Why RBI's new Governor Sanjay Malhotra must ease credit, but not too much

Business Standard

Effective April 1, banks will set aside less capital on loans to better-rated nonbanking financial companies

Indian Economy

TREND | 06 Mar 2025

Traders, business owners struggling due to poor infra, says Delhi CM

Business Standard

Delhi Chief Minister Rekha Gupta on Thursday said that traders and business owners across the city have expressed frustration over inadequate infrastructure, poor sanitation and lack of development, adding that they have been troubled by mismanagement and impractical policies of the previous government. Speaking on the sidelines of an event related to the upcoming Delhi Budget 2025-26, Gupta said her government has received valuable suggestions from traders and industrialists and assured them of concrete action. For years, traders and business owners have been suffering due to impractical policies, bureaucratic hurdles and negligence by the last government. There has been no real development -- roads and drainage systems remain in poor condition, and even basic civic amenities like washrooms are lacking in major markets, she told reporters. She highlighted issues faced by both small and large commercial hubs such as Chandni Chowk, Karol Bagh and Lajpat Nagar, which are reeling from

Indian Economy

TREND | 06 Mar 2025

RBI's liquidity push aids sentiment, drives bond yields to 1-month low

Business Standard

The RBI said it will infuse over $21 billion of rupee liquidity into the banking system to ease lending conditions and support economic growth

RBI Measures Enough To Take Liquidity To Surplus? Economists Think So

NDTV Profit | 06 Mar 2025 9 more

Indian Economy

TREND | 06 Mar 2025

ICAI seeks to join PM's Internship Scheme for finance, accounting roles

Business Standard

The Institute of Chartered Accountants of India (ICAI) has expressed its interest to the government to be part of the Prime Minister's Internship Scheme whereby youth can be offered opportunities in various areas of accounting and finance. The scheme, being implemented by the corporate affairs ministry, was launched on October 3, 2024 and aims to provide internship opportunities to 1.25 lakh youth in the current financial year. An ICAI official on Thursday said the institute has written to the ministry seeking to be part of the scheme. After getting the ministry's in-principle approval, the ICAI Central Council will discuss on the modalities related to participating in the scheme, the official said and added that the aim is to provide internship opportunities for the youth at chartered accountant firms in the areas of accounting and finance. The scheme, announced in the 2024-25 Budget, aims to provide internship opportunities to 1 crore youth in top 500 companies in 5...

Indian Economy

TREND | 05 Mar 2025

ISPRL evaluating bids to build 2nd SPR phase at Karnataka's Padur

Business Standard

Rs 5,500 cr Budget provision for ISPRL could be diverted to building SPR facilities or cater to fuel subsidies because India's storages are nearly full

Indian Economy

TREND | 05 Mar 2025

India to set up LLM for AI research: PM Modi at post-Budget webinar

Business Standard

The Prime Minister was addressing a post-Budget webinar. His statement comes at a time when India is trying to compete with the top global forces in the field of artificial intelligence

Indian Economy

TREND | 05 Mar 2025

Akhilesh hits back at UP CM Yogi for targeting SP over Ansal Group issue

Business Standard

"If everything was wrong, why did you go there for the inauguration instead of sending a bulldozer," asked Samajwadi Party supremo Akhilesh Yadav on Wednesday after Uttar Pradesh Chief Minister Yogi Adityanath slammed the party for "favouring" real estate developer Ansal Group during its rule. The Uttar Pradesh Police Tuesday booked the embattled Ansal Group for alleged cheating, breach of trust, criminal conspiracy and organised crime. The action was taken after Chief Minister Adityanath instructed officials to take strict measures and safeguard homebuyers' interests. During a discussion on the Budget in the state assembly on Tuesday, Adityanath said, "Ansal was your (SP's) creation. It was under your government that all its illegal activities were facilitated, deceiving investors and homebuyers." Reacting to the accusation, Akhilesh Yadav questioned the government's stance on investments while highlighting that the same leaders who are now raising allegations had earlier inaugurat

'Will track them from depths of hell', UP CM invokes Ansal to slam SP

Business Standard | 04 Mar 2025 1 more

Indian Economy

TREND | 04 Mar 2025

Mahakumbh has caused inadvertent cash leakage in the system: SBI report

Business Standard

RBI's recent swap of $10 billion has calmed market participants' frayed nerves

Indian Economy

TREND | 04 Mar 2025

Jan Vishwas Bill 2.0: Govt working to boost trust-based governance, says FM

Business Standard

Govt plans to bring Jan Vishwas Bill 2.0 to decriminalise over 100 provisions, said FM Sitharaman at a post-Budget webinar on 'Regulatory, Investment and EODB reforms'