RBI proposes stricter rules for housing finance firms
Mumbai, Jan 15 - The RBI on Monday issued a draft circular which proposes to harmonise regulations of housing finance companies (HFCs) with that of non-banking finance companies (NBFCs) in several areas such as minimum capital requirement and deposit taking rules.
India’s merchandise exports rose 1% in Dec 2023 amid global slowdown
New Delhi, Jan 15 - India's merchandise exports registered a 0.96 per cent growth in December 2023 at $38.45 billion compared to $38.08 billion in the same month of the preceding year 2022 while imports fell during the month, according to official figures
Haryana government launches one-time settlement scheme to settle pre-GST tax dues
Gurugram, Jan 15 - The Haryana government has introduced the One Time Settlement (OTS)-2023 Scheme, through the Excise and Taxation Department, to settle pending tax payments pertaining to the pre-GST regime.
WhatsApp’s new feature lets you share polls in channels on iOS
San Francisco, Jan 15 - Meta-owned WhatsApp is reportedly rolling out a new feature to some beta testers that will let users share polls in channels on iOS.
DGCA allows airlines to cancel flights delayed over 3 hrs; issues new SOPs
New Delhi, Jan 15 - Amid chaos over flight delays and cancellations due to adverse weather conditions, the Directorate General of Civil Aviation (DGCA) on Monday allowed airlines to cancel flights that are likely to be delayed beyond three hours, an official said,
24.82cr people lifted out of poverty in India in last 9 years: NITI Aayog
New Delhi, Jan 15 - As many as 24.82 crore people in India have come out of multidimensional poverty in the last nine years, according to a study released by NITI Aayog on Monday.
Global economic prospects remain subdued, says Chief Economists Outlook
Davos Klosters, Jan 15 - Global economic prospects remain subdued and fraught with uncertainty, the latest Chief Economists Outlook released on Monday said.
Govt scraps licence requirement for big electricity consumers to set up power lines
New Delhi, Jan 15 - The Power Ministry on Monday issued new rules to allow bulk consumers of electricity who have Energy Storage Systems (ESS) to establish, operate and maintain dedicated transmission lines themselves without the requirement of a licence.
Sensex, Nifty reach new highs
New Delhi, Jan 15 - Founder and CEO SAS Online Shrey Jain on Monday said that the week has begun on a positive note as Sensex achieved a historic milestone -- surpassing 73,000 for the first time -- while Nifty has crossed 22,000
RBI releases draft framework for Fintech sector self-regulatory organisations
Mumbai, Jan 15 - The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) for FinTech Sector', laying down the characteristics of a FinTech SRO, and includes the required functions and governance standards.
With blueprint finalised, expansion work of Bagdogra Airport to start from February
Kolkata, Jan 15 - With the blueprint being finalised, the full-fledged expansion work of Bagdogra Airport near Siliguri in Darjeeling district in West Bengal will start from next month, sources aware of the development said.
Go First extends deadline of financial bids to acquire airline, EOI submission till Jan 19
New Delhi, Jan 15 - In a recent development, the lenders of cash-strapped Go First have extended the deadline for financial bids to acquire the airline by January 31, a source aware of the development told IANS on Monday.
FASTags without KYC link to be deactivated after Jan 31: NHAI
New Delhi, Jan 15 - The National Highways Authority of India (NHAI) on Monday said that FASTags with incomplete KYC will be deactivated or blacklisted by banks after January 31, as part of its move to enhance efficiency of the electronic toll collection
Motilal Oswal recommends buy for HCL Tech, neutral stance on Wipro
Chennai, Jan 15 - Broking company Motilal Oswal Financial Services Ltd has recommended that investors buy shares of HCL Technologies Ltd (HCLT) while remaining neutral on Wipro Ltd’s shares.
Wholesale price inflation rises to 9-month high in Dec
New Delhi, Jan 15 - India’s inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 per cent for December 2023 up from 0.26 in November, official data released on Monday showed.
Yes Bank makes biggest market cap gain among banks in Q4 2023
New Delhi, Jan 15 - Yes Bank posted the highest percentage increase in market capitalization among Indian banks in the quarter ended December 31, 2023. Market capitalization for the lender rose 24.4 per cent to Rs 616.94 billion from October to December, helping
Artificial intelligence to affect 40% of jobs globally: IMF
San Francisco, Jan 15 - Artificial intelligence (AI) will affect nearly 40 per cent of all jobs around the world, according to a new analysis by the International Monetary Fund (IMF).
Railway stocks jump up to 17%
New Delhi, Jan 15 - Railway stocks jumped up to 17 per cent on Monday as all round buying pushed Sensex past the 73,000 mark and Nifty beyond 22,000 mark.
Sensex crosses 73k mark led by Wipro
New Delhi, Jan 15 - Sensex crossed the 73,000 mark on Monday led by Wipro which was up by 6 per cent.=
SpiceJet receives in-principle approval from BSE for Rs 2,242 cr fund infusion
New Delhi, Jan 15 - SpiceJet on Monday said that it has received in-principle approval from the Bombay Stock Exchange (BSE) for the issuance of equity shares and warrants convertible into equity shares on a preferential basis.