Markets Crash Today: Broader markets fell more than the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices ending lower by 2.82 per cent and 2.19 per cent, respectively

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The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

The Centre, in collaboration with states, has proposed to classify unregulated lending as a cognizable and non-bailable offence, with penalties including imprisonment of up to 10 years. The finance ministry has invited feedback by February 13 from st

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forex

The Adani Group-promoted firm had acquired SIL and PCIL in 2023 and 2024 respectively

Ambuja Cements

OnePlus 13 series launch on January 7. OpenAI makes ChatGPT Search free. Google Veo 2 video generation model. iOS 18.3 developer beta. Android 15 QPR2 beta 2. Samsung One UI 7

Tech Wrap December 17

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) on Tuesday said it has achieved a milestone of approving 1 crore guarantees to MSE beneficiaries.
CGTMSE was set up by the central government and SIDBI in August 2000 to provide credit guarantees to micro and small enterprises, enabling them to access credit without the need for collateral and third-party guarantees.
To mark the occasion, an event was organised, and attended by CGTMSE chairman Manoj Mittal and CEO Manish Sinha and representatives of various banks, including State Bank of India, HDFC Bank and Union Bank, and MSMEs.
During the occasion, three Micro and Small Enterprises (MSE) borrowers and three prominent Member Lending Institutions (MLIs) were felicitated which have played a significant role in this achievement, CGTMSE said in a statement.
Speaking at the event, Mittal emphasised the transformative impact of credit guarantees on the MSE ecosystem, enabling businesses to access funding without .

MSMEs

Launched in collaboration with Visa, the HSBC Taj metal co-branded credit card is specially curated for those who appreciate finer life experiences and services and are seeking unparalleled luxury

Tata Group’s hospitality arm and Taj Hotels’ parent company Indian Hotels Company (IHCL) on Tuesday set a target to grow consolidated revenue 2x to Rs 15,000 crore and double the portfolio of hotels to over 700 by 2030.

Tata Group's hospitality arm and Taj Hotels' parent company Indian Hotels Company (IHCL) on Tuesday set a target to grow consolidated revenue 2x to Rs 15,000 crore and double the portfolio of hotels to over 700 by 2030.

India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd.
Speaking at IIT Bombay's Techfest 2024, Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting.
"But be it scary or exciting, we cannot afford to ignore technology or even go slow in our use of technology -- either as a nation or as its citizens. India cannot stay out of this global race," he said.
"Our generation needs to build capabilities to lead India into this new technological era if we want to stay at the top of our game and realise our dream of Viksit Bharat -- to become a USD 26-trillion economy by 2047," he said.
While technology has helped mankind progress, it is also being applied to wrong causes -- fake news, fake photos, fake videos, fake money, online scams, spoofing, phishing, and ...

Jeet Adani, director of Adani Airport Holdings Limited (AAHL)

China has been very conservative in its fiscal policy, and has strictly followed an informal limit of 3 per cent of gross domestic product (GDP) on fiscal deficits

south trade

December marked the second policy review meeting for the external members, who have a fixed four-year term

Inflation, Vegetables, Fruits, Budget 2024

The ruling NDA in Bihar on Friday dismissed speculations that the coalition could do a rethink on projecting Chief Minister Nitish Kumar as its leader in the assembly polls due next year.
Speaking to the media after a meeting held here to bring about better coordination at the grassroots level, state presidents of parties like the BJP, Kumar's JD(U) and Union minister Chirag Paswan's Lok Janshakti Party (Ram Vilas) also rubbished suggestions triggered by Union Home Minister Amit Shah's recent statement.
Dilip Jaiswal, state minister and Bihar BJP chief said, "We should understand that Amit Shah was trying to underscore that he was a karyakarta' (worker) of a party in which big decisions are taken by the parliamentary board".
"But, the leadership role of Chief Minister Nitish Kumar had been a given for long. There is no question of going back on that, asserted Jaiswal.
He was responding to Shah's recent interview to a news channel in which he was asked whether the NDA could go to po

Nitish Kumar, Nitish

The orders for three tunnel boring machines to carry out about 21 km under sea tunneling for the Bullet Train project have been placed, the government informed the Rajya Sabha in a written reply on Friday while updating the status of infrastructure projects in Maharashtra.
Construction works on the flagship high speed bullet train project have gathered momentum in Maharashtra. Now 100% land acquisition has been completed. Works of bridges, aqueducts etc. have been taken up, Railway Minister Ashwini Vaishnaw said.
Meanwhile, all preparatory works required for the working of TBMs (tunnel boring machines) such as construction of shafts etc. have also been taken up, he added.
Shiv Sena (UBT) MP Sanjay Raut wanted to know whether the government has reduced funding for new railway lines in Maharashtra in recent years, the critical rail projects which have been delayed due to reduction in funding and the steps taken by the government to mitigate potential delays in railway projects to ensu

Ashwini Vaishnaw, Ashwini, Vaishnaw

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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MPC minutes: Interest rates have limited impact on food prices, say members

NDA leaders back CM Nitish Kumar as face for upcoming Bihar elections

Orders placed for machines to bore undersea tunnel for bullet train: Govt

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Draft Bill moots unregulated lending ban, up to 10-year imprisonment

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