Page 2 - Harsh Kumar

Vishwakarma allocation cut in FY27 despite steady loan processing by banks

Budgetary support for PM Vishwakarma has been cut in FY27 even as banks process lakhs of artisan loan applications, raising questions on credit absorption and scheme scale-up

Budget 2026-27: FM Nirmala Sitharaman for 'a lot more on disinvestment'

Says IBC amendment Bill will come up in second half of Budget session

Govt likely to consider merger of state-run financiers PFC and REC

Following the announcement, shares of the two entities surged up to 6% on Sunday's special trading session

ToR for banking panel likely by next month, says DFS secy M Nagaraju

On hiking FDI in PSBs, DFS Secy M Nagaraju says govt is considering raising the FDI cap to 49% from 20% to boost capital; inter-ministerial consultations are underway

FM: Building ecosystem for improving productivity, employment generation

Finance Minister Nirmala Sitharaman and top officials explain the thinking behind Budget 2026-27, from record capex and tax reforms to disinvestment and global risks

Union Budget 2026-27: Divestment, monetisation goal at ₹80,000 crore

Budget 2026 raises the FY27 disinvestment and asset monetisation target to Rs 80,000 crore, banking on a stronger pipeline of stake sales and infrastructure monetisation despite a shortfall in FY26

Union Budget 2026-27: Big push for SMEs with ₹10,000 crore growth fund

Budget FY27 proposes a Rs 10,000-crore SME Growth Fund, mandatory TReDS adoption for CPSEs, and expanded credit guarantees to improve equity access, liquidity, and payment discipline for MSMEs

FinMin asks Nabard to study impact of RRB amalgamation during FY28

Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth

Economic Survey redefines 'govt company' to ease stake dilution in CPSEs

Survey moots changes to Companies Act, so that CPSEs remain govt firms even with a 26% stake

Delayed payments continue to hit MSMEs, ₹8.1 trillion stuck: Eco Survey

Delayed payments worth ₹8.1 trillion continue to choke MSME cash flows, with fear of losing business ties discouraging firms from pursuing legal remedies, says Economic Survey

Unions call nationwide strike a success; no disruption, say bankers

Demanded five-day work week including all Saturdays

PFRDA launches NPS Swasthya Pension Scheme under regulatory sandbox

PFRDA has approved a pilot NPS Swasthya Pension Scheme under its regulatory sandbox to test health-linked benefits, allowing medical withdrawals and premature exits for treatment

DFS seeks states' support to ensure banking ops during Jan 27 bank strike

The DFS said banks have conveyed that ATMs are being adequately loaded with sufficient cash, and arrangements have been made to ensure timely replenishment

M Nagaraju to V Anantha Nageswaran: Meet Sitharaman's team for Budget FY27

As Nirmala Sitharaman prepares to present her ninth Budget, a new team of top bureaucrats and economists will shape India's FY27 fiscal and reform roadmap

PFRDA sets up expert panel SAARG to modernise NPS investment framework

PFRDA has set up a high-level expert panel, SAARG, to review and modernise the NPS investment framework, focusing on asset allocation, risk governance and long-term returns

Our biz evenly split; 50% each from J&K and rest of India: J&K Bank CEO

J&K Bank expects gross NPAs to fall below 2% in two years as recoveries stay strong, even as margins face pressure from cumulative repo rate hikes

Centre clears wage, pension revision for PSGICs, Nabard and RBI staff

Centre approves wage hikes for public sector insurers and Nabard, and pension revisions for RBI and Nabard retirees, benefiting over 93,000 employees and pensioners

Govt should relook interest subsidy benefits in Budget: PNB HF CEO

PNB Housing Finance MD Ajai Kumar Shukla says asset quality remains stable and margins steady near 3.6-3.7% despite rate cuts, with growth led by housing loans

UFBU unmoved on five-day week demand; January 27 bank strike to go ahead

The unions said that even during an earlier conciliation held on March 21, 2025, they were assured that the matter was under serious consideration, but no decision has been communicated till date

Bank unions to go on strike on Jan 27, say govt delaying five-day work week

800,000 employees to observe one-day protest, want all Saturdays to be made bank holidays