Tag: Finance

Government Report Reveals Gold Double Counting IssueNEW DELHI: An alarming revelation surfaced on Thursday as the government disclosed a significant error in the import data of gold and silver, amounting to a staggering $5...

Indian Microfinance Sector: A Booming IndustryIn a recent meeting chaired by M Nagaraju, secretary of the department of financial services (DFS), ministry of finance, the Indian microfinance institutions (MFIs) industry showcased an astounding growth...

**Budget 2025: Will the Old Tax Regime be Abolished?**As we eagerly await the unveiling of the Budget 2025, the burning question on everyone's mind is: will the old tax regime be abolished, ushering in...

Unclaimed Rs 22,000 Crore with Life Insurance CompaniesMUMBAI: A staggering amount of nearly Rs 22,237 crore remains unclaimed with life insurers at the beginning of FY24, according to recent data from Irdai. Despite efforts...

Sebi Revises Working Norms for Credit Rating Agencies: Introduction to 'Working Days'New Delhi: The securities and exchange board of India (SEBI) recently made significant updates to the rules governing credit rating agencies (CRAs). The...

Record-Breaking Demand for Standard Glass Lining Technology IPOStandard Glass Lining Technology Ltd's recent initial public offering (IPO) has taken the market by storm, with an unprecedented 182.57-times subscription demand on the final bidding day....

Finance Ministry Appoints SBI Chairman C S Setty and Uday Kotak to NIIF Trustee Governing CouncilNEW DELHI: The Finance Ministry made a significant announcement on Tuesday by appointing two new members to the governing...

RSS Unions Call for Income Tax Exemption Limit Increase to Rs 10 Lakh Ahead of Budget 2025In a bid to provide relief to the middle class, RSS-affiliated organisations have put forth a series of...

Gujjus: Dominating the Financial WorldIn a recent revelation by Zerodha CEO Nithin Kamath, it has come to light that the financial world is being dominated by a specific group - the Gujjus. Statistical data...

India Emerges as Second Largest Gold Buyer in 2024: World Gold CouncilIn a surprising turn of events, India has solidified its position as the second-largest buyer of gold in 2024, according to the latest...