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Finance
RBI bans Edelweiss from acquiring assets, SEBI fines AGI Greenpac, after OpIndia report on how they along with Ernst & Young manipulated insolvency process...
RBI ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from acquisition of financial assets
Modi government approves borrowing limit of ₹21,253 Crore for Kerala to help the state tackle its economic crisis
ANI -
PM Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from the economic crisis as the Centre has sanctioned borrowings up to Rs 21,253 crores.
RBI governor Shaktikanta Das rated A+ in Central Banker Report Card 2023 by Global Finance magazine
Reserve Bank of India Governor Shaktikanta Das has been rated A+ in the Global Finance Central Banker Report Cards 2023 by the Global Finance magazine.
India’s digital payments market will grow to USD 10 trillion by 2026: Report by Boston Consulting Group and PhonePe
ANI -
A report by Boston Consulting Group and PhonePe says that India's digital payment market will rise over 3 times in 3 years to reach $10 trillion in 2026
‘Have courage when govt is doing right too’: Gautam Adani hints at NDTV’s bias, answers opposition allegations of him benefitting from Modi govt
Gautam Adani stated that the takeover of NDTV is not a business opportunity but rather a responsibility.
Nykaa’s Falguni Nayar is now five times richer than Paytm’s Vijay Shekhar Sharma with personal assets worth USD 4.9 billion
Falguni Nayar enters the Hurun Global Rich List 2022 as the richest new entrant from India with personal wealth amounting USD 4.9 Billion. India added 51 new billionaires in the list.
As Russia faces sanctions for invading Ukraine, its currency Ruble slips below 100 vs US dollar
Every day since the Russian invasion of Ukraine has begun, Ruble has fallen against the dollar and the Euro daily.
BharatPe sacks Madhuri Jain, wife of Ashneer Grover over financial irregularities
Ashneer Grover's wife Madhuri Jain Grover terminated from BharatPe.
‘Never applied for a loan but loan got disbursed by Dhani’: Suspected loan fraud at IndiaBulls’ loan app, what we know so far
Anurag -
Fraudsters are using PAN cards of unaware citizens to avail micro loans from apps like Dhani
Reserve Bank of India steps in, says RBL Bank health status ‘stable’ after shares tank 25% following central bank’s action over weekend
The unanticipated RBI action followed by the tanking of the share price of RBL Bank pushed the panic button amongst investors and customers of the private sector lender.