Finance
- Business
EPFO investment corpus doubles in 5 years
New Delhi: The total amount in the investment corpus of the Employees’ Provident Fund Organisation (EPFO) more than doubled in the past five years to Rs 24.75 lakh crore in the financial…
- Business
Centre has released Rs 50,571 crore to states as special assistance
New Delhi: The Centre has released Rs 50,571.42 crore to states as part of its ‘special assistance for capital investment’ scheme to step up expenditure in various development projects during the first…
- News
Finance Secretary T V Somanathan named new Cabinet Secretary
New Delhi: The Centre on Saturday named Finance Secretary T V Somanathan as the new cabinet secretary for a tenure of two years. He will succeed incumbent Rajeev Gauba, who completes his…
- Telangana
Ex-MP Rajaiah appointed as Telangana Finance Corporation chairman
Hyderabad: The Congress-led state government appointed former MP Sircilla Rajaiah as the chairman of the Telangana Finance Corporation on Friday, February 16. M Ramesh, Sankepalli Sudheer Reddy, and Nehru Nayak Malot have…
- Technology
Mpower Financing crosses $300 mn in lending capacity to help students go abroad
New Delhi: Fintech company Mpower Financing has crossed $300 million in overall lending capacity to support education of international students. The active funding included commitments from Deutsche Bank, Goldman Sachs and Varde…
- Technology
Now head of finance quits cash-strapped Dunzo
New Delhi: Top-level exodus at cash-strapped quick-grocery delivery provider Dunzo continues and now, its head of finance Sudarshan N. has reportedly left the company. Sudarshan’s LinkedIn profile confirmed his departure from the…
- Business
Buoyant sentiments may lift Nifty towards 20K mark over next few days
New Delhi: Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services. With monsoon gradually improving…
- Business
Rupee term loan document executed for GatiShakti rail corridor project in Chhattisgarh
New Delhi: In a major development in PM GatiShakti rail corridor projects in Chhattisgarh, rupee term loan documents were executed between the Central Bank of India under sole banking and the promoters,…
- Business
Interest rates for popular small saving schemes remain unchanged
New Delhi: The government has kept the interest rates for popular small savings schemes like national saving certificate, public provident fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Yojana, unchanged for the…
- Business
Fintech company Lendingkart raises Rs 200 cr from EvolutionX Debt Capital
New Delhi: Fintech company Lendingkart on Tuesday said it has raised Rs 200 crore in long-term debt funding from growth-stage debt financing platform EvolutionX Debt Capital. The company said it will use…
- World
Finance executive in US drugged, raped teen after targeting her on Instagram
New York: A finance executive in the US who is facing 17 charges, including five counts of rape in the second degree, kept screenshots of the Instagram accounts of teenage girls on…
- Hyderabad
Hyderabad: Alliantgroup to create 9000 jobs in BFSI sector
Hyderabad: Alliantgroup is going to rev up the Banking, Financial Services, and Insurance (BFSI) sector of Hyderabad with potential employment opportunities for 9,000 people. Telangana IT minister KT Rama Rao announced on…
- Telangana
Telangana’s contribution to country’s GDP risen from 4.1% to 4.8%: Harish Rao
Hyderabad: With significant growth in agriculture and allied sectors, Telangana’s contribution to the country’s GDP has steadily risen from 4.1 percent in 2014-15 to 4.8 percent in 2022-23. During the 37th review…
- Hyderabad
Shop at IKEA stores, pay in instalments at 0% interest
Hyderabad: IKEA India has partnered with HDFC Bank by launching a convenient consumer financing option for purchasing furniture. To facilitate customers buying their selected items, IKEA will provide an EMI-based financing option…
- World
World Bank approves $1.25 bn financing for Bangladesh
Dhaka: The World Bank has discussed a new Country Partnership Framework (CPF) for Bangladesh, spanning from 2023 to 2027, and approved $1.25 billion financing in three new projects, the lender said. Of…
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