Page 25 - Harsh Kumar

Skill and employment sector calls for job creation, GenAI courses

Gayathri Vasudevan, trustee at Sambhav Foundation, said the meeting focused largely on optimising the utilisation of existing funds

SMEs divided over impact of new 45-days payment rule. Is it a boon or bane?

The new 45-day payment rule for SMEs, effective April 2024, aims to ease working capital issues. While some SMEs welcome it, others fear adverse impacts on their businesses

Trade unions demand scrapping of labour codes, restoration of OPS

Trade Unions also suggested stopping the privatisation of public sector undertakings

Co-lending committee to submit report to finance ministry by next month

After the committee submits the report, the Department of Financial Services is expected to formulate guidelines to boost the co-lending space

FSIB to conduct interviews for chairman's position of SBI on Saturday

FSIB will recommend the name and the final decision would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi

Budget: Exempt us from 45-day payment rule or extend deadline, say MSMEs

Sanjay Goenka of the Bihar Industries Association said the 45-day payment window was hotly debated, and they have contributed to the consultative process on the subject

PFRDA to allow subscribers to keep 50% investment in equity upto 45 yrs age

PFRDA chairman Deepak Mohanty on Friday said the NPS balance lifecycle scheme that is designed to effectively manage both risks and returns may be launched in July or August

Financial market seeks incentives for NBFCs, AIFs in pre-Budget meeting

'Revisit the safe harbour clause under Section 9A of Income Tax act that encourages offshore funds to invest in India'

Banks urge RBI to separate pvt, public infra projects in financing norms

Banks are dissatisfied with this arrangement and prefer a graded approach with an initial allocation requirement of 1-2 per cent, which is an increase from the current requirement of 0.4 per cent

Budget 2024: Boost jobs, stick to fiscal goals, economists advise FM

Economists discussed measures for capacity-driven growth that should be sustainable and the need to push private sector investment and consumption to sustain the growth momentum

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Any change in Finance Bill prerogative of finance ministry, says official

Small investors should avoid getting into derivatives: NSE MD & CEO

NSE's MD & CEO suggests proposed rules will prevent potential malpractices by ensuring that only sufficiently liquid companies are included in the F&O segment

Star India-Viacom18 merger may take more time as CCI looks into details

The merger comes at a time when a FICCI-EY report revealed that the Indian media and entertainment sector grew by 8 per cent in calendar 2023, reaching Rs 2.3 trillion

4 offshore crypto exchanges join queue for nod to restart India ops

FIU-India has lifted ban from Kucoin while proceedings on Binance's application are underway

'Ease of living': Back in office, Nirmala Sitharaman lists priorities

Says reforms undertaken since 2014 will continue

DFS organises workshop in collaboration with Google on financial frauds

The workshop was attended by Vivek Joshi, secretary, DFS, senior officials of public sector banks, DFS, and the National Payments Corporation of India (NPCI)

Process to select next Punjab National Bank chief to begin in July

Selection process for EDs in PSBs also starting soon

Former Bihar CM, HAM founder Jitan Ram Manjhi appointed as MSME minister

Manjhi was chief minister of Bihar from May 2014 to February 2015

A full Budget, implementing pending reforms to keep finance minister busy

While the ministry has started work on the Budget, it is expected to begin industry consultations

'Work is work': NCR factory workers forge through heatwave furnace

Some factory owners, in an attempt to counter the heat, have installed fans for each worker, but this measure appears insufficient against the heat radiating from the machines