Page 16 - Harsh Kumar

Former ED chief Sanjay Kumar Mishra appointed full-time EAC-PM member

Sanjay Kumar Mishra, a retired officer of the 1984 batch of the Indian Revenue Service, is an economic expert who has overseen numerous high-profile cases

Govt withdraws gold monetisation scheme, short-term deposits to continue

This decision comes after a comprehensive review of the scheme's performance and evolving market conditions

Govt dividends from CPSEs set to log record Rs 70,000 crore in FY25

Coal India paid the highest at Rs 10,252 cr, followed by ONGC

Online scams drain Rs 4,245 crore in just 10 months, shows govt data

67% increase witnessed from the Rs 2,537 crore recorded last year

Payments banks seek higher deposit limit, urge FinMin to raise to Rs 5 lakh

The previous increase was in April 2021, when the maximum end-of-day balance was raised from ₹1 lakh to ₹2 lakh

Parliamentary panel raises concern over dip in CASA ratio for banks

The standing committee also emphasised that by fostering a secure banking ecosystem and prioritising technological advancements

Centre's disinvestment receipts in FY25 set to hit an 11-year low

The union government stopped setting specific disinvestment targets beginning in the 2023-24 financial year

42% of director positions vacant on boards of 12 public sector banks

The Ministry of Finance, in a reply in Lok Sabha, said that the PSBs intimate the vacancies on the board of the bank and difficulties faced by them, if any, from time to time

MSME industry bodies urge RBI to tweak norms for ecommerce exports

A digital verification system linked to bank accounts could further streamline the process

Climate risks: RBI moots common pool of projects to enhance financing

Stressing the need for regulated entities to consider creating a common pool of bankable projects for climate related finance, RBI Governor said

ED files plaint against 24 in Rs 2,467 crore credit society fraud case

During the PMLA investigation, ED found that Suresh Kute and others lured more than four lakh investors to deposit money with DMCSL by promising higher returns

India's housing finance struggles with regional disparities, warns NHB

As of 30 September, 2024, individual housing loans outstanding stood at Rs 33.53 lakh crore, reflecting a 14 per cent growth compared to the previous year

CPSEs exhaust over 94% of capital expenditure target till February

CPSEs exceeded their full year targets at 100.4 per cent and 108 per cent in FY23 and FY24 respectively

ED arrests WTC Group promoter Ashish Bhalla in real estate fraud case

The ED had conducted search operations on January 27 against Bhalla and Bhutani Group promoter Ashish Bhutani in connection with the same case

FM launches digital footprint-based credit assessment model for MSMEs

The Finance Ministry statement further noted that the benefits to MSMEs by use of this model includes submission of application from anywhere through online mode, reduced paperwork and branch visit

Don't be mere spectator, grab global opportunities: PM Modi to industry

The PM also pressed the point that India remains a growth engine for the global economy and that it has proven its resilience in challenging situations

Rs 4.5K-cr 'investment fraud': ED conducts searches in Delhi, Mumbai

According to the ED, during the search operations, various incriminating documents detailing overseas assets currently being operated by family members of the main accused

Govt upgrades IRCTC and IRFC to Navratna status from Miniratna-I

With these two additions, the total number of Navratna Central Public Sector Enterprises (CPSEs) has now increased to 26

BS Manthan: GM only way to lower edible oil imports, says NITI's Chand

NITI Aayog Member Ramesh Chand says GM is only way to lower edible oil imports

BS Manthan: Audit quality has improved in past few years, says NFRA chief

He further added that the regulatory body is not passing disciplinary orders in abundance and is instead focussing on inspections