Page 11 - Harsh Kumar

Centre may speed up stake dilution in GIC Re, New India Assurance

As of now, the government holds 85.44 per cent in New India Assurance and 82.4 per cent in GIC Re

ED searches 10 places in Delhi-NCR, Punjab in ₹988 crore loan fraud case

Central agency searches premises linked to Shilpi Cables and its managing director Manish Goel

FTAs with US, EU soon; exporters to get full govt backing: Sitharaman

Finance Minister says trade deals with US and EU near finalisation as she assures Indian exporters of full support amid global slowdown and volatile trade conditions

Will the government's newfound zeal to push stake sales in CPSEs succeed?

Centre looks to step up stake sales in CPSEs to meet Sebi's MPS norms, revive strategic disinvestment, and boost market discipline amid legal hurdles, execution delays, and limited investor appetite

DFS Secretary urges fast-tracking of government data integration with ULI

ULI, seen as the UPI of credit, gets a push from the DFS and RBI, which have asked ministries and states to onboard datasets for seamless and inclusive credit delivery

Govt extends Unified Pension Scheme option deadline to 30 September 2025

Eligible central government employees, retirees, and spouses of deceased retirees now have until 30 September 2025 to opt into the Unified Pension Scheme

Centre likely to relax the board regulations for foreign insurers

The official stressed that while the reforms are not intended to open the floodgates to foreign control, they signal a more welcoming approach to global participation in leadership roles

ED seizes 322 mule accounts, dummy firms in ₹2K cr 'Delhi classroom scam'

ED raids 37 sites in Delhi, recovers fake contractor bills, government files and 322 mule-linked passbooks in Rs 2,000 crore classroom construction scam probe

Sivasubramanian Ramann takes charge as PFRDA chairperson for five years

Former SIDBI chairman brings decades of experience in finance and regulation as he assumes charge of pension regulator PFRDA for a five-year term or until age 65

Post Air India crash, govt mulls SOP for quicker insurance claim settlement

The source further added that, since identification is ongoing, insurance companies are trying to reach the claimants and to settle their claims without much hassle.

94 candidates apply for six executive director positions in PSBs

FSIB likely to hold interviews month-end

Sitharaman says India's finance future is 'phygital', driven by UPI

At the Digital Payments Awards, Sitharaman lauds UPI's global success, urges fintech to tackle cybersecurity and deepfakes, and credits RBI's enabling regulation

PSBs see surge in staff productivity as business per employee rises

The number of employees in most PSBs has declined over the years. Bank of India witnessed a consistent decline, falling from 52,374 in FY23 to 50,944 in FY24, and further to 50,564 in FY25

CBI books Supertech, officials for Rs 126 cr bank fraud, raids premises

The case was filed based on a written complaint by IDBI Bank Ltd; the CBI conducted searches at five official and residential premises linked to the accused in Noida and Ghaziabad

CBI arrests two more persons in NEET UG 2025 marks manipulation scam

The two accused had defrauded candidates by claiming they had contacts within the National Testing Agency

Operation Chakra-V: CBI raids 10 sites in nationwide cyber fraud crackdown

CBI conducts nationwide raids in a major crackdown on cyber fraud under Operation Chakra-V, arresting two suspects and seizing cryptocurrency and digital evidence

Nexa Evergreen land Scam: ED raids 24 sites across Rajasthan, Gujarat

The real estate firm allegedly defrauded around 62,000 investors by offering land in Gujarat's Dholera and promising to double investments in 14 months

The goal is a solid bank with tight credit, governance: Jana SFB MD & CEO

Jana Small Finance Bank's Managing Director and Chief Executive Officer discusses the bank's future plans and growth strategy

74% rural households expect income growth in 1 year: Nabard survey

Forecast of 'above normal' southwest monsoon in 2025 that would boost farm growth and rising consumption demand in rural India has fuelled the positive change in the rural sector

Finance ministry pushes public sector banks to expedite loans for weavers

Handloom organizations also benefit from an interest subvention, receiving loans at a concessional interest rate of 6 per cent for three years