G7 commits to enhance India's clean energy transition

G7 commits to enhance India's clean energy transition

Leaders from the G7 have finished their three-day meeting in a spa resort in the Bavarian Alps with a commitment to the Paris Climate Agreement, even as they agreed for close collaboration with developing countries in order to boost clean energy...

SBI, HDFC Bank, ICICI Bank Obtain 9.54% Stake Each in Perfios Account Aggregation Services

SBI, HDFC Bank, ICICI Bank Obtain 9.54% Stake Each in Perfios Account Aggregation Services

State Bank of India (SBI), HDFC Bank and ICICI Bank on Tuesday acquired a 9.54 per cent stake each in Perfios Account Aggregation Services Private Limited (Perfios AA). These banks acquired 8,05,520 equity shares each by paying Rs 4.03 crore...

PM Modi set to roll out multiple schemes on June 30 to ramp up MSME sector

PM Modi set to roll out multiple schemes on June 30 to ramp up MSME sector

Prime Minister Narendra Modi will be participating in the 'Udyami Bharat' programme and will launch several schemes on June 30. Prime Minister is set to launch the 'Raising and Accelerating MSME Performance' (RAMP) scheme,...

Over a quarter of MSMEs lost over 3% market share due to Covid: Crisil

 Over a quarter of MSMEs lost over 3% market share due to Covid: Crisil

More than a quarter of India's micro, small and medium enterprises (MSMEs) lost over three per cent market share due to the Covid-19 pandemic, said Crisil Ltd on Monday.  According to Crisil Research's SME Report 2022, half of them...

PSB Privatisation Bill May Allow Privatisation of State-Run Banks

PSB Privatisation Bill May Allow Privatisation of State-Run Banks

The government will likely introduce a bill in the upcoming monsoon session of Parliament to make amendments to facilitate the privatisation of state-run banks. One of the amendments under consideration is allowing the central government a...

Record $82 billion dealmaking spree sees India defy global slump, states Bloomberg Report

Record $82 billion dealmaking spree sees India defy global slump, states Bloomberg Report

Bankers in India have recorded their best-ever quarter for mergers as well as acquisitions while dealmaking elsewhere slows to a crawl. India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on...

Should You Look At Availing Family Office Services To Manage Your Wealth?

Should You Look At Availing Family Office Services To Manage Your Wealth?

As a member of a wealthy family, an idea of creating a family office might have come to your mind. And, it’s pretty natural as well. After all, with it, you can manage your wealth without making too much of an investment or something as...

payment council of India (PCI) Approaches Government for RBI's Fintech Order

payment council of India (PCI) Approaches Government for RBI's Fintech Order

The payment council of India (PCI) and several other fintech firms have approached government in order to step in to resolve the fallout from a recent directive by the Reserve Bank of India (RBI) that barred payment companies from...

G7 To Raise 600 Billion USD To Counter China's Belt And Road

G7 To Raise 600 Billion USD To Counter China's Belt And Road

Group of Seven leaders pledged to raise $600 billion when it comes to private and public funds over five years in order to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road...

Change in take-home salary and 4-day work week: Things to expect from July 1

Change in take-home salary and 4-day work week: Things to expect from July 1

From in-hand salary all the way to working hours, several aspects when it comes to employment and work culture as a whole are expected to change from July 1 if the new labour codes are implemented. Here are the expected changes under the new...

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