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RBI plan to curb NBFC revolving credit rattles markets

Mumbai, Aug. 8 -- A Reserve Bank of India (RBI) proposal to bar non-bank financiers from issuing revolving credit products has investors running for cover, with shares of Bajaj Finance Ltd tanking nea... Read More


SBI eyes $10 bn FCNR(B) deposits

Mumbai, Aug. 8 -- State Bank of India (SBI) has mobilised about $6 billion in deposits under the Reserve Bank of India's special foreign currency non-resident (FCNR-B) deposit window and expects to ra... Read More


Firm told to release devp funds

Shimla, Aug. 8 -- Revenue, horticulture and tribal development minister Jagat Singh Negi on Friday held a meeting with representatives of Goodwill Energy Enterprises Company. The company's 29 MW hydro... Read More


PNC Infratech blames rain as fresh potholes hit Lko-Knp E-way

LUCKNOW, Aug. 8 -- Even as two fresh potholes emerged on the recently inaugurated Lucknow-Kanpur Expressway before repairs at the first damaged stretch were completed, PNC Infratech has attributed the... Read More


RBI proposal to curb NBFC revolving credit rattles markets

Mumbai, Aug. 8 -- A Reserve Bank of India (RBI) proposal to bar non-bank financiers from issuing revolving credit products has investors running for cover, with shares of Bajaj Finance Ltd tanking nea... Read More


SBI eyes $10 billion FCNR(B) deposits

Mumbai, Aug. 8 -- State Bank of India (SBI) has mobilised about $6 billion in deposits under the Reserve Bank of India's special foreign currency non-resident (FCNR-B) deposit window and expects to ra... Read More


Zanzibar expands health, infrastructure projects

ZANZIBAR, Aug. 8 -- THE government of Zanzibar has pledged to expand healthcare services and improving strategic infrastructure across Unguja and Pemba to enhance public services and spur economic gro... Read More


CAG report tabled in assembly flags 'lapses', 'wasteful' expenses by Delhi govt departments

India, Aug. 8 -- A CAG report listing several revenue-related "irregularities", "systemic lapses" and "wasteful" expenses by various Delhi government departments between 2019-2023, was tabled in Delhi... Read More


Free UPI no longer guaranteed

India, Aug. 8 -- Parliament has removed the legal prohibition on levying charges, replacing it with the govt's power to impose fees through future notifications The Lok Sabha has passed the Taxation ... Read More


G R Infra gains as Q1 PAT jumps 46% YoY to Rs 357 cr

Mumbai, Aug. 7 -- Revenue from operations rose 40.06% year on year (YoY) to Rs 2,784.11 crore in Q1 FY27. Profit before tax (PBT) surged 49.38% to Rs 479.72 crore in Q1 FY27 from Rs 321.13 crore in Q... Read More