Page 134 - Finance News

Superannuation rule in UPS likely to discourage early retirement: Experts

Experts say that criterion may increase labour force participation

Rate cut alone not sufficient, economists tell RBI

Bank CEOs to meet for pre-policy talk on Monday

Centre notifies Unified Pension Scheme for govt employees under NPS

Launched in August, UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a guaranteed pension, post-retirement

Rupee logs biggest weekly gain in over 17 months as dollar softens

The rupee appreciated and settled at 86.21 per US dollar on Friday, compared to its closing level of 86.47 on Thursday, marking a weekly gain of 0.47 per cent

India bond yields dip amid investor demand, post weekly fall before budget

The 10-year bond yield ended at 6.7206 per cent , compared with the previous close of 6.7341 per cent

SC dismisses PIL seeking scrapping of 'tax deducted at source' framework

A two-judge bench of the Supreme Court remarked that the petition was poorly drafted and unsuitable for consideration, advising the petitioner to move the PIL to the Delhi High Court

CBIC notifies rules for entities to get temporary GST identification number

Under Goods and Services Tax (GST) rules, registration is mandatory for businesses with an annual turnover of Rs 40 lakh and Rs 20 lakh in the manufacturing and services sectors

Rupee rises 18 paise to 86.26 against US dollar in early trade today

Forex traders said weak crude oil prices and positive domestic markets supported the local unit, while sustained foreign fund outflows weighed on the local unit

Stress continues to build up in fintech lending with PAR on the rise

The Reserve Bank of India's December 2024 Financial Stability Report states that household debt is on a rising trend

Bond market expects net borrowing of Rs 11 trillion in Union Budget 2025

Gross issuance may increase slightly due to large bond maturity, but is likely to stay within the range seen the past few years as the govt focuses keeping a lid on fiscal deficit

MFIN dismisses reports about alleged harassment by microfinance firms

Recently, various organisations also staged protests in different parts of the state condemning the atrocities and oppression carried out by microfinance companies and demanded action against them

Rupee fell 20% in last 5 yrs, weakest currency in Southeast Asia: Moody's

Of the 23 rated Indian companies, Moody's assessed only six to be exposed to the effects of dollar strength, but these companies have sufficient mitigating factors

Rupee's fall due to dollar's rise, RBI intervention can harm exports: Rajan

Rajan said the dollar has been appreciating against other currencies, partly due to fear of Trump tariffs

Amid FII outflow, Rupee falls 12 paise to settle at 86.47 against dollar

At the interbank foreign exchange, the rupee opened at 86.46 and moved between high of 86.38 and low of 86.52 against the greenback during the session

Avaada Group gets Rs 8,500 cr commitments for nine projects for Q3FY24

Avaada Group specialises in solar module manufacturing, renewable power generation, and the development of green hydrogen, green methanol, green ammonia, and sustainable aviation fuel projects

Bank Holidays 2025: Are banks open or closed today, Jan 23, in your state?

January 23 bank holidays: Bank holidays in India vary by region. This Thursday, all public and private banking institutions will be closed in observance of Parakram Diwas and Vir Surendra Sai Jayanti

NDA 3.0 must use political capital for structural reforms: D Subbarao

The Union Budget for 2025-26, to be presented by Finance Minister Nirmala Sitharaman on February 1, comes amid global economic uncertainties and moderating domestic growth

HDB Financial Services faces regulatory hurdles amid $1.5 billion IPO plans

HDB Financial Services is under scrutiny for alleged companies act violations linked to a $1.5 billion ipo. sebi's findings could lead to penalties or delays in ipo filings, impacting hdb's compliance

Rupee declines 5 paise to 86.40 against US dollar in early trade today

At the interbank foreign exchange, the rupee opened at 86.46, down 11 paise from its previous close, and dropped further to 86.52

AI, autonomous robotics firm Ati Motors raises $20 mn in Series B funding

In 2023, the Bangalore-based startup raised $10.85 million in a Series A funding round. This latest investment brings Ati Motors' total funding to over $37 million