The RBI unveiled new regulations in October 2022, which enhanced governance standards and permitted ARCs to act as resolution applicants under the IBC's ambit

ARC industry will need to reinvent itself

Business Standard

New Delhi [India], December 26: As the countdown to the New Year begins, Bakingo, a renowned online bakery brand is stepping up to make celebrations unforgettable with its exclusive New Year dessert collection. Known for its innovative approach to desserts, the brand has added a new gem to its menu--the much-celebrated Basque Cheesecake.

Bakingo Introduces Basque Cheesecake to Ring in the New Year with Sweet Elegance

New Delhi [India], December 26: In a distinguished ceremony celebrating the remarkable accomplishments of women across various fields, Poonam Sharma, Chairperson of Accurate Group of Institutions received the esteemed Devi Award for Excellence in Education. The accolade was presented by the Governor of Kerala, Arif Mohammed Khan at the esteemed event "The Sunday Standard" held in New Delhi.

Poonam Sharma of Accurate Group Honoured with Devi Award for Excellence in Education

Mumbai (Maharashtra) [India], December 26: Veekayem Fashion and Apparels Limited, an NSE-listed leading player in the textiles segment, registered a robust growth of 20% in the first half of the current financial year.

Veekayem Fashion Reports 20 Percent Profit Growth in H1 FY 2025

Take limited exposure to longer-duration debt funds; match horizon with fund's portfolio duration

Fund, G-sec, MF, Debt funds

Ahmedabad (Gujarat) [India], December 26: AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

These stocks, handpicked by top brokerages, offer a blend of value and growth

As 2024 draws to a close, Indian equity investors are navigating a volatile market. The benchmark S&P BSE Sensex has dropped nearly 9 per cent from its 52-week high in September, paring year-to-date returns to 8.6 per cent from a peak rally of 18.7 p

Markets Today LIVE: As markets in India and around the world reopen after the Christmas holiday, investors here are looking to ride the so-called Santa Clause rally driving Wall Street higher

The average daily trading volume (ADTV) for the futures and options segment climbed to a new record high of Rs 537 trillion in September, rising 7.2 per cent on a month-on-month basis. The ADTV for the cash segment, however, fell nearly 4 per cent to

Shares of Vantage Knowledge Academy surged 4.98 per cent after the company announced plans to consider issuing bonus shares as well as interim dividend payment

Indian Share market, BSE, Stock market

The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

income tax

Lupin stock has broken out of a triple bottom pattern on the daily chart. It has also crossed above its key moving average suggesting bullish sentiment

Market, BSE, NSE, NIfty, Stock Market, investment

Bangladesh's interim government on Monday said it has sent a diplomatic note to New Delhi seeking the extradition of deposed prime minister Sheikh Hasina from India, a move that may further strain the ties between the two countries.
India confirmed receiving the 'note verbale' or diplomatic communication from the Bangladesh high commission in New Delhi but refrained from making any comment on it.
Bangladesh's de facto foreign minister Touhid Hossain said Dhaka wants Hasina back to face the judicial process.
"We have sent a note verbale to the Indian government saying that Bangladesh wants her back here for the judicial process," Hossain told reporters in Dhaka.
In New Delhi, External Affairs Ministry spokesperson Randhir Jaiswal said: "We confirm that we have received a Note Verbale from the Bangladesh High Commission today in connection with an extradition request."
"At this time, we have no comment to offer on this matter," he said in response to a question.
Hasina, 77, has bee

Sheikh Hasina

The first meeting of the 39-member parliamentary panel on 'one nation, one election' is set to be held on January 8, setting the tone for nationwide deliberations on the key poll reform measure of the BJP-led NDA government.
Parliamentary sources said the first meeting of the Joint Committee on bills for simultaneous elections to the Lok Sabha and state assemblies, chaired by BJP member P P Chaudhary, is likely to be an introductory one with officials briefing the panel on the two bills to implement a long-cherished election promise of the BJP.
The Constitution (129th Amendment) Bill and the Union Territories Laws (Amendment) Bill were introduced in the Lok Sabha last week and referred to the joint committee of Parliament on Friday, the last day of the Winter Session.
The government decided to increase the committee's strength from 31 to 39 as more political parties expressed the desire to be part of the exercise to examine the two draft legislations on simultaneous elections.
Form

Ram Nath Kovind-led panel hands report on 'one nation, one poll' to President Droupadi Murmu on Thursday. (Photo: ANI)

Ram Nath Kovind-led panel hands report on 'one nation, one poll' to President Droupadi Murmu on Thursday

China Monday backed Panama President Jose Raul Mulino's assertion of his country's sovereignty over the Panama Canal against US President-elect Donald Trump's threat to regain control of it if the central American country doesn't stop charging "exorbitant prices" to US ships and naval vessels.
The 82-km Panama Canal cuts across the central American nation and is the main link between the Atlantic and Pacific oceans.
If shipping rates are not lowered "we will demand that the Panama Canal be returned to us, in full, quickly and without question, Trump told a crowd of supporters in Arizona on Sunday.
His remarks prompted a quick rebuke from Mulino, who said, "every square metre" of the canal and surrounding area belongs to his country.
Panama's sovereignty and independence were non-negotiable, BBC quoted Mulino as saying.
Asked for her comments at a media briefing here, Chinese Foreign Ministry spokesperson Mao Ning referred to Mulino's assertion of Panama's sovereignty.
The Panama

Donald Trump

Two individuals, including a former employee of Deloitte India, on Monday settled with capital markets regulator Sebi a case pertaining to the alleged violation of insider trading rules by paying Rs 74 lakh towards settlement fee.
Nimai Parekh and Rahil Dalal (applicants) had proposed to settle the matter by neither "admitting nor denying the findings of fact and conclusions of law", Sebi said.
"In exercise of the powers...and in terms of the settlement regulations, it is hereby ordered that any proceedings that may be initiated for the violations are settled in respect of the applicants," Sebi's whole-time member Kamlesh C Varshney said in the settlement order.
Sebi conducted an investigation in the scrips of HDFC Ltd and HDFC Bank Ltd, so as to ascertain whether any suspected entities on the basis of information relating to amalgamation/merger, had traded in the scrips, and thereby violated PIT (Prohibition of Insider Trading) rules.
The investigation period was taken from Novemb

SEBI

Kalyani Investment Company, one of the promoter group entity of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying Rs 1.12 crore towards the settlement fee.
Kalyani Investment Company Ltd (KICL), a listed entity, is part of the over USD 2.5 billion Kalyani Group.
The order came after the applicant (Kalyani Investment Company) proposed to settle the instant proceedings initiated against it, without "admitting or denying the facts and conclusions of law", under the Sebi's settlement regulations.
"In view of the acceptance of the settlement terms and the receipt of the settlement amount, the adjudication proceedings initiated against the applicant (Kalyani Investment Company) vide show cause notice (SCN) dated March 19, 2024, is disposed of," Sebi's adjudicating officer Amit Kapoor said in the settlement order on Friday.
The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the applicant for th

This initiative aims to prepare India's workforce for the quantum revolution, positioning the nation as a global leader

quantum technology

REER represents the inflation-adjusted, trade-weighted average value of a currency against its trading partners

Rs, Rupee, Indian Currency

The meeting was chaired by the Prime Minister and attended by Finance Minister Nirmala Sitharaman, Chief Economic Adviser V Anantha Nageswaran, and NITI Aayog officials

Prime Minister Narendra Modi with Finance Minister Nirmala Sitharaman during a discussion with economists in New Delhi on Tuesday | Photo: PTI

Nano urea sales dropped by a steep 43.2 per cent in FY24 from the previous year, despite production capacity rising by almost 59 per cent in that period

fertiliser, farmer

India has become most populous nation. But with fertility rate slowing, there are concerns that it may grow old before getting rich. The second part of the series explores demographic challenges

R K Bansal

R K Bansal

R K Bansal

ARC industry will need to reinvent itself

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Bakingo Introduces Basque Cheesecake to Ring in the New Year with Sweet Elegance

Poonam Sharma of Accurate Group Honoured with Devi Award for Excellence in Education

Veekayem Fashion Reports 20 Percent Profit Growth in H1 FY 2025

Build debt fund portfolio diversified across duration, watch volatility

AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

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