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"finance"

  • Himachal govt defers 30 per cent salary of top officials for six months

    The Himachal Pradesh Government has deferred salaries of officers and employees for six months from May 2026 to manage finances. Higher officials face up to 30% deferment, with assurances of later release and no impact on benefits
  • BSE launches four new large-cap factor indices under BSE 100 TMC universe

    BSE Index Services has launched four new factor indices—Momentum 30, Low Volatility 30, Enhanced Value 30 and Quality 30—under the BSE 100 large-cap TMC universe, offering quarterly reconstitution, score-based weighting and expanded opportunities for passive and benchmarking strategies
  • India’s GDP projected at USD 7.3 trillion as it aims to be third-largest economy by 2030

    India, already the world’s fourth-largest economy, is projected to become the third-largest by 2030 with a $7.3 trillion GDP. Strong sectoral growth, softening inflation, and policy reforms are driving sustained economic momentum and global investor confidence
  • SBI reports 10 per cent jump in Q2 profit

    State Bank of India (SBI) reported a 10 per cent rise in standalone net profit to Rs 20,160 crore for the September quarter of FY26. Improved asset quality and higher interest income supported the bank’s strong quarterly performance
  • HDFC Bank Q2 net profit rises 10 per cent to Rs 19,610 crore

    HDFC Bank reported a 10 per cent jump in its consolidated net profit to Rs 19,610.67 crore for Q2 FY26. Standalone profit rose 10.82 per cent, income increased to Rs 91,040 crore, and GNPA ratio improved to 1.24 per cent, reflecting strong financial health
  • Yes Bank Q2 profit jumps 18.3 per cent to Rs 654 crore

    Yes Bank posted an 18.3 per cent rise in Q2 net profit to Rs 654 crore, driven by growth in non-core income. Core NII, deposits, and operational efficiency improved. The bank aims 10 per cent credit growth and plans 80 new branches in FY2
  • India a ‘stabilising force’ in global economy, says Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman said India has emerged as a stabilising force in the global economy, resilient against trade, energy, and financial shocks. Speaking at Kautilya Economic Conclave 2025, she warned of global uncertainties, shifting alliances, and structural transformations in world order
  • Banks get more flexibility in small business and gold-based loans: RBI

    The Reserve Bank of India has eased norms for small business loans and working capital lending to jewellers, allowing banks to adjust spreads more frequently and expand credit access. Feedback on these measures is open until October 20
  • EPFO introduces online Annexure K for easy PF transfer

    EPFO now allows members to download Annexure K online, making PF transfers smoother and faster. The move ensures transparency, accurate account details, and seamless service. Passbook Lite provides a simplified view of contributions and withdrawals through the EPFO portal
  • Kerala faces Rs 8,000–10,000 crore revenue loss after GST rate cuts: FM Balagopal

    Kerala Finance Minister K N Balagopal warned that the state could lose Rs 8,000–10,000 crore annually due to GST rate rationalisation. He urged the Centre to ensure benefits reach consumers and pressed for compensation to states facing major revenue losses
  • Govt appoints former RBI Governor Urjit Patel as IMF Executive Director

    The government has appointed former RBI Governor Urjit Patel as India’s Executive Director at the International Monetary Fund for three years, replacing KV Subramanian. Patel, who earlier served at the AIIB and IMF, resigned as RBI Governor in 2018
  • Hyderabad: Man assaulted and robbed by fake vehicle finance agents

    Mohd Abdul Basheer, an AC technician from Moinabad, alleged in his complaint that on the night of May 20, while riding his uncle’s bike from Mehdipatnam towards Aramghar, he was stopped near Kala Hanuman Temple by assailants who claimed that finance payments were pending on the bike.
  • Former manager in World Bank External Affairs and Communications urges OU journalism students to embrace digital inclusion

    Emphasizing the growing role of technology in journalism, World Bank External Affairs and Communications former manager, Eric Chinje urged students to embrace digital inclusion and emerging technologies like AI and ML to address global challenges in climate change, finance, and governance
  • How Plutus Education Prepares Students for High-Paying Global Finance Roles

    Plutus Education combines theory with practical learning to ensure students are job-ready.
  • Revenue crisis deepens in Telangana

    State government's revenue receipts continue to fall short of its ambitious targets, raising concerns about its ability to manage mounting debts.
  • Rajesh Dwivedi assumes charge as Director (Finance) BHEL

    He is a distinguished fellow member of the Institute of Cost Accountants of India and also holds a master's degree in Business Administration (MBA).
  • London Stock Exchange Group to set up tech centre in Hyderabad

    The announcement was made after IT and Industries Minister KT Rama Rao, who is currently on a tour of the United Kingdom, met with Anthony McCarthy, Group CIO, LSEG, in London
  • Use of embedded finance on the rise in India

    Adoption of embedded finance in India is on the rise and is expected to maintain the upward trajectory in the next 12 months.
  • Meghnad Desai Academy of Economics announces merit scholarships

    Hyderabad: The Meghnad Desai Academy of Economics (MDAE), Mumbai, has announced merit-based scholarships for exceptional postgraduate students applying for the intake of 2022-23 and intending to major in Economics, Data Science & Finance. The postgraduate institute for Economic, Data Analytics, Finance, and Public Policy has announced up to 90 per cent scholarship for meritorious students. […]
  • ESCI offers PGDM programmes for graduates

    The programmes offer specialisation in Civil, Power, Telecom, Transportation, Finance, HRM, Marketing, Business Analytics and Operations Management
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