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- May 19th, 2024
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Crime Today News
[ad_1] The RBI may consider exporters’ demand for a sub-target for export credit within the existing 40 per cent target for priority sector lending (PSL) to ensure improved credit flow to the sector suffering a cash crunch due to disruptions...
[ad_1] Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday. Also read:Risks posed by advanced AI models in the wrong handsAsked if...
[ad_1] The government is scrutinising the interest equalisation scheme for exporters to analyse its usefulness in promoting exports so far, including from the MSME sector, to decide if it should be continued beyond June 30 2024, sources have said.Also read:Commerce Ministry...
[ad_1] Thanks to uninterrupted bull run and renewed interest in equity investment, the quantum of assets under management of the mutual fund industry accounts for 26 per cent of the bank deposit as of March-end against 21 per cent logged...
[ad_1] Andromeda Sales and Distribution, the country’s largest loan distribution firm, is foraying into mutual fund distribution through a separate wholly owned subsidiary, Andromeda Wealth, a top official said.Also read:RBI status quo, likely dampener for long-duration fund investors“The strategic intent...
[ad_1] PolicyBazaar promoter PB Fintech Limited has decided to set up a wholly-owned subsidiary to carry out the business of a payment aggregator. The proposal received the nod of the Board of PB Fintech on Wednesday. Also read: Fintech loans jump...
[ad_1] Amid raising concern over a brewing bubble in small- and mid-cap stocks, ICICI Prudential Asset Management Company has stopped lumpsum investment mid- and small-cap schemes. It has also restricted fresh SIPs/STPs to ₹2 lakh per month from March 14....
[ad_1] The Finance Ministry has notified list of 104 commodities under the Securities Contracts (Regulation) Act, 1956 to be used for derivatives. These include 10 cereals & pulses, 11 types of oilseeds, oilcakes and oil, 13 types of spices, three...
[ad_1] The Indian government has permitted derivatives trading in 11 more commodities including skimmed milk powder, cement, apple, bamboo and timber based on a recommendation from the Securities and Exchange Board of India (SEBI), which supervises the trading, to the...