RBI proposes to allow banks to fund India Inc takeovers, PSU disinvestments and IPOs

RBI has proposed allowing banks to fund domestic and overseas corporate acquisitions, PSU disinvestments, and IPO subscriptions from April 2026. How ...

ICAI launches MSME Clinics to provide free advisory, credit matchmaking for small businesses

The Institute of Chartered Accountants of India has launched MSME Clinics across the nation. These clinics offer free advisory services, credit matchm...

Intel returns to profit after six straight quarterly losses; CFO David Zinser tells what its to have the US government as Intel's biggest shareholder

Chip giant Intel has returned to profit after six quarters of losses. The company reported strong revenue in the third quarter, driven by high demand ...

India's Trade Strategy: Piyush Goyal Emphasizes Fair Agreements Over Rush

India will not hurry into trade deals. Commerce Minister Piyush Goyal stated the nation seeks fair and equitable agreements. This approach applies to ...

Sitharaman urges GST officers to be polite, empathetic toward honest taxpayers

Finance Minister Nirmala Sitharaman urged GST officers to be polite and empathetic towards honest taxpayers, emphasizing technology for faster approva...

"Young have new opportunities to work on global projects": PM Modi hails GST reform at Rozgar Mela

Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform would increase exports and give young people new opportunities to...

Indian Infrastructure Investment Trusts Set to Raise Over 26 Billion Rupees Through Bond Issues

Two Indian infrastructure investment trusts are set to raise over 26 billion rupees through new bond sales. Oriental Infratrust and IRB InvIT Fund wil...

Sebi Streamlines Portfolio Management Services Transfer Process to Boost Business Efficiency

Sebi has introduced a streamlined process for transferring Portfolio Management Services (PMS) businesses between managers to enhance ease of doing bu...

GST rate cuts boost festive sales, reflect positive market sentiment: FM Sitharaman

India's festive retail sales have surged to an all-time high of Rs 6.05 lakh crore this Diwali, a significant 25% increase from last year. Finance Min...

LIC raises stake in Tata Consumer to 8.64%, ups holding in Dabur to 6.98%

Life Insurance Corporation (LIC) increased its holdings in Tata Consumer Products to 8.65% and in Dabur India to 6.99%. The purchases, made between Fe...

Nokia CEO sees AI entering 'supercycle', compares growth to 1990s internet boom

Nokia CEO Justin Hotard compares the current AI surge to the 1990s internet boom, viewing it as a long-term growth trend despite potential investment ...

Nearly 27% of retail investors opted for direct investments in September: ICRA Analytics

Retail investors primarily use Non-Associate Distributors (65.30%), while banks/FIIs prefer direct investment (95.45%). Assets from B30 locations are ...