Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies

Business Standard BFSI Insight Summit brings together thought leaders from India's financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies

India's Biggest BFSI Event | Day 2

India’s Biggest BFSI Event | Day 2

Fidelity raises Lenskart's valuation to $6.1 billion as the eyewear startup prepares to go public with a $1 billion raise and a target valuation of $10 billion

The complaint alleged that Asian Paints pressured its network of dealers against doing business with Grasim's Birla Opus

IBM India's AI head says most Gen AI projects fail due to weak data foundations and suggests a phased approach to unlock RoI within 18-24 months

HelpAge India study shows 66 per cent of senior citizens find tech confusing, with over half fearing errors; youth often act as guides but see elders as disinterested

The Indian Coast Guard on Friday said it has achieved a "major milestone" in the ongoing operation to suppress fire onboard a Singapore-flagged cargo vessel that occurred following a container explosion on June 9, as its towing commenced to keep away the ship away from the coast.
The incident had occurred at approximately 9.20 am IST, around 44 nautical miles off Azhikkal in Kannur district of Kerala and 130 nautical miles northwest of Kochi.
"Major milestone in the ongoing operation to suppress the fire onboard MV WAN HAI 503 and protect marine environment! @IndiaCoastGuard ships undertaking FF Op enabled tow connect up of Salvage vessel in extremely challenging and daunting operation. @indiannavy Sea King helicopter was tasked by #HQSNC to winch down salvors who shifted the tow from #ICG ships to Salvage Tugs," the ICG posted on X.
It also shared some photos of the ongoing operation.
"The tow has now commenced and the vessel is being pulled to keep away from our coast! ICG fire .

Of the 22 crew members of the Singapore-flagged vessel, 18 were rescued by the Navy, the Indian Coast Guard (ICG) and other agencies

Firefighting teams from the Forest Department and Fire and Emergency Services were deployed to control the blaze

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

India’s Biggest BFSI Event | Day 2

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies

Other Videos

Explore News