Nikesh Singh

Regional rural banks merger unlikely to happen in current financial year

The exemption dispensation from prior scrutiny and approval of CCI would be available for five years, the Corporate Affairs Ministry (MCA) said

Explore new financing models for skill development: Ficci-KPMG report

The study pointed to emerging trends in skill financing such as private equity and venture capital investment, working capital financing for training partners

Pradhan Mantri Fasal Bima Yojana enrolments highest in 6 years, shows data

A rise in the number of non-loanee farmers under PMFBY is an indicator of voluntary acceptance of the scheme

Finance ministry raises gratuity limit and insurance cover for LIC agents

Brings in uniform family pension rate at 30% for LIC employees

Public sector enterprises must ensure transparency, accountability: CIC

Atul Sobti, director general of SCOPE, said that RTI is a citizen-centric act facilitating transparency, ethics, accountability, and empowering citizens

Uttarakhand to seek Rs 2.5 trn in investments at Dec business summit

Investments worth Rs 25,000 cr would have already come in before event in Dehradun, says Chief Minister

Capex by large CPSEs touches 42.5% of budget target in April-August

NHAI and Railways drive robust growth in capex

Saudi Arabia plans sovereign wealth fund office in Gujarat's GIFT City

India and Saudi Arabia signs 53 MoUs worth $3.5 bn

Finance ministry asks Sidbi to increase direct lending portfolio

Out of Rs 10,000 cr corpus available under the Fund of Funds for Startups (FFS) Scheme, Sidbi has sanctioned around Rs 9,500 cr to AIFs and disbursements have been around Rs 4,500 crore so far

India's gift to G20: Leveraging 'soft power and civilisational heritage'

Whether it's Punjab's Phulkari embroidery, West Bengal's Kantha stitchwork, or Madhubani painting from Bihar, G20 nations' leaders, delegates attending summit will be able to purchase many such items

Reserve Bank of India likely to bring in CBDC in call money market

The central bank introduced the wholesale pilot for CBDC transactions for the government bond auctions last year

AUM of NPS, APY crosses Rs 10 trillion: PFRDA chairman Deepak Mohanty

PFRDA plans to come out with a systematic withdrawal plan

Govt invites Expression of Interest from bidders for IMPCL strategic sale

The turnover of the company rose by 59 per cent to Rs 261 crore in FY22. Its profit after tax stood at Rs 34 crore for 2021-22

Focus on digital capability upgrade, FM Sitharaman tells rural banks

The Centre has a 50 per cent stake in RRBs while sponsor banks and state governments own 35 per cent and 15 per cent, respectively

Centre likely to infuse capital in certain regional rural banks in FY24

Union Finance Minister Nirmala Sitharaman will hold a meeting with chairpersons and senior officials of RRBs from the Northern region in New Delhi on Wednesday

9 years on, Jan-Dhan helps govt seal leaks and purge bogus accounts

About 6.26 PMJDY account holders receives DBT

FinMin considering proposals to include EVs under priority sector lending

The move will reduce the cost of finance and also promote and accelerate the penetration of EVs in the country

Decoupling from GVCs would lead to 10% loss in global GDP: WEF President

Brende emphasised that future prosperity and poverty eradication will rely on open trade and strong GVCs that must be inclusive and adjusted for climate change

India well positioned for global transitions in AI, energy: B20 chair

Chandrasekaran explained that the B20 theme focuses on ensuring Responsible, Accelerated, Innovative, Sustainable, and Equitable access to all businesses

WB expects more investment offers, int'l participation of tech fims: Mitra

Mitra said that there are several policies in process in new areas which is expected to be announced at the summit and some of them have already been approved by the cabinet