Creating a Financially Inclusive System in India amid Covid-19

Creating a Financially Inclusive System in India amid Covid-19

As the year 2020 has been more troublesome for people all over the world, low-income and underserved people struggle much to cope up with the economy in India. The challenge of creating a financially inclusive system has never been more...

Indian currency drops by 18 paise to 73.53 against US dollar in early trade

Indian currency drops by 18 paise to 73.53 against US dollar in early trade

The Indian rupee  drops by 18 paise to 73.53 against the US dollar in opening trade on Tuesday tracking weak domestic equities and strong American currency. Forex traders stated agitation over rising Covid-19 cases also influenced...

SEBI Proposes to Bring in 'Person In Control' Concept over 'Promoter'

SEBI Proposes to Bring in 'Person In Control' Concept over 'Promoter'

The Securities and Exchange Board of India (Sebi) has suggested that the concept of promoters be phased out in favor of the concept of "individual in charge". In a consultation paper published Tuesday, it also proposed lowering the...

Second Wave Continues to be Menace as Risks to Financial Organization Climbs up across India: Fitch Ratings

Second Wave Continues to be Menace as Risks to Financial Organization Climbs up across India: Fitch Ratings

The relief measures announced by the RBI to offer some relief to financial institutions in the next 12-24 months, but at the charge of deferring the recognition and resolution of underlying asset quality problems. Risks to India’s...

Exports rise 80% to 7 billion US dollars during May 1-7

Exports rise 80% to 7 billion US dollars during May 1-7

Continuing a positive growth, India’s exports grew by 80 percent to reach $7.04 billion during the first week of this month, according to preliminary data of the commerce ministry. Exports during May 1-7 last year stood at $3.91 billion...

domestic institutions keep buying tap on Even as FPIs turn net sellers in May so far

domestic institutions keep buying tap on Even as FPIs turn net sellers in May so far

The tussle between Indian institutions and the foreign investors is continuing, with the former continuing their purchases even as foreign funds remained net sellers on the stock markets. Foreign investors pulled out Rs 5,936 crore from domestic...

Tips to Attract Foreign Investors for Startups

Tips to Attract Foreign Investors for Startups

With the advent of innovations in this domain, in particular, the Indian startup community has been booming in the last decade. Indian startup companies have been so exciting and successful that they have drawn the majority of foreign investment....

DoT may delay 5G auction to next Financial Year, after considering Telcos' Lack of Liquidity

DoT may delay 5G auction to next Financial Year, after considering Telcos' Lack of Liquidity

The Department of Telecommunications deduce that all the three private telcos are probable to wait for the allocation of mid-band spectrum to roll out commercial 5G services.As the telcos may not have the capacity...

CBIC eases norm on furnishing bonds for import and export of goods till June 30

CBIC eases norm on furnishing bonds for import and export of goods till June 30

The Central Board of Indirect Taxes and Customs (CBIC) on Saturday allowed businesses to import as well as export goods without furnishing bonds to the customs authorities until June-end which is a move aimed at ensuring no delay or disruption in...

M-cap of eight of top-10 most-valued companies zooms by ₹81,250.83 crore with TCS being the biggest gainer

M-cap of eight of top-10 most-valued companies zooms by ₹81,250.83 crore with TCS being the biggest gainer

Eight of the top-10 most-valued companies together added ₹81,250.83 crore in the market valuation last week, with Tata Consultancy Services emerging as the biggest gainer. Only Reliance Industries Ltd and Infosys took losses in their market...

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